text
stringlengths 65
123k
| url
stringlengths 25
420
| crawl_date
timestamp[us, tz=UTC]date 2022-04-01 01:00:57
2022-09-19 04:34:04
|
|---|---|---|
(CNN) -- New York Attorney General Letitia James asked a New York court on Thursday to hold former President Donald Trump in civil contempt for allegedly failing to comply with a court order that he turn over certain documents for her investigation.
State Judge Arthur Engoron in February had ordered Trump to "comply in full" with the attorney general's subpoena seeking documents and information. Engoron also ruled that Trump, Donald Trump Jr. and Ivanka Trump should comply with the attorney general's subpoenas for testimony, but the Trumps are appealing that decision.
In a motion filed Thursday, the attorney general's office said that that Trump "did not comply at all" with the subpoena for documents and that his attorneys said he would not produce "any" documents in response to the subpoena because his attorneys believe that if the documents exist, the Trump Organization would have them and the attorney general's office "will just have to wait until the Trump Organization completes its production to get them."
According to new filings, her office had agreed to extend an early March deadline for the documents until March 31. But rather than produce the documents that day, Trump presented 16 objections to the subpoena's demands.
Trump's attorneys also presented the attorney general's office an affidavit from a Trump lawyer claiming that the former President was unable to locate the documents being and to the extent the documents existed, they were in the custody of Trump Organization, which faces a separate subpoena deadline.
James argued on Thursday that Trump's attorneys' response amounted to "more delay and obfuscation," saying that his objections came too late. She said that Trump was "highly likely to have been in possession, custody or control of numerous documents" bearing on her investigation and that he failed to adequately detail the efforts he undertook to search for the subpoenaed documents.
"Mr. Trump should now be held in civil contempt and fined in an amount sufficient to coerce his compliance with the Court's order and compensate OAG for its fees and costs associated with this motion," the filing stated.
James is asking the court to impose a fine of $10,000 per day, or any other amount the court deems "sufficient to coerce his compliance with the Court's February 2022 Order," as well as compensation for the attorney general offices costs and fees in filing the motion.
An attorney for Trump said in a statement Thursday that "we are prepared to adamantly oppose the frivolous and baseless motion filed by the Attorney General's office today."
"Our client has consistently complied with the many discovery requests served by the Attorney General's office over the years," the attorney, Alina Habba, said.
James previously said her office found multiple misleading or fraudulent misstatements and omissions in the Trump Organization's financial statements, which were provided to lenders and insurers, among others, as part of its investigation.
In addition to the civil investigation James has launched, the Trump Organization also faces a criminal investigation being led by the Manhattan district attorney. Public turmoil has surrounded District Attorney Alvin Bragg Jr.'s probe, which he inherited from his predecessor, Cyrus Vance, after the high-profile departure of two senior prosecutors.
Bragg told CNN in an interview Thursday that his office's investigation is "very much ongoing" and that prosecutors are reviewing new evidence.
This story has been updated with additional details.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://www.kitv.com/news/local/new-york-ag-asks-court-to-hold-donald-trump-in-contempt/article_b5cd794c-b6d5-11ec-bc7b-7b0cd66d03d6.html
| 2022-04-08T03:38:24Z
|
The 2022 Legislative Session has drawn to a close, with many issues debated along the way. We thought it was important for lawmakers to give their account of that session, its highs and lows, and where they plan to go from here.
The Rexburg Standard Journal offered its local lawmakers a chance to answer three questions:
- What legislation are you most proud of passing and why?
- What legislation are you most disappointed that failed to pass this session and why?
- What will you be working on in the interim for the session next year?
These are their responses:
District 34
Sen. Doug Ricks is a legislator for District 34.
1. What legislation are you most proud of passing this session and why?
Overall, we passed the largest income tax relief ever, lowered property taxes, increased the grocery tax credit, improved education and outcomes, improved roads and bridges, and strengthened gun rights to highlight a few. But I am most proud of the dyslexia bill, House Bill 731. This bill surfaced as a merging of Senate bill 1280 and House Bill 655 (of which I sponsored) and will provide dyslexia testing and resources in early grades. Because of my past work in higher education, over 15 years helping dyslexia students, I am excited to see more focus in K-12 where it is greatly needed.
2. What legislation are you most disappointed that failed to pass this session and why?
I was disappointed we could not get S1381, the Coronavirus Pause Act, passed. The bill tried to thread the needle between individual rights and business rights by pausing forced vaccinations as a term of employment for one year. This is a polarizing issue, but I believe since there are some risks to injury by taking a vaccine it should be an individual’s choice and not required as a condition of employment. I am not against vaccines, but I think choice, not force, is a better way, and once a person has had the infection the shot is usually not needed.
3. What will you be working on in the interim for the session next year?
I will further the work on dyslexia by examining assistive technology resources in our K-12 schools. There are software tools and mobile apps students can use to help them be on a more equal reading level with everyone else. I also serve on the Idaho Broadband committee, and we will continue to meet throughout the year. Our goal is to increase overall speeds in unserved and underserved areas across the state. We are forming broadband policy and funding grants, possibly up to $400 million over the next few years for improving Idaho internet speeds, could be available.
Rep. Ron Nate is a legislator for District 34B.
1. What legislation are you most proud of passing this session and why?
The “wins” for most Idahoans were few and small compared to the wins for big government. Three tax cuts will help Idaho families: Income tax rate cut and tax rebate (about $400 million for Idaho families), small grocery tax credit increase of $20 per person but not realized until 2024, and a “circuit breaker” property tax bill for a few thousand seniors on fixed incomes (shifting burdens to other taxpayers). Meanwhile the government spending grew by 9.5% officially, but over 21.4% in reality (counting all transfers and supplementals). We still have work to do to relieve families from Biden’s huge inflation and to protect their freedoms and chances for prosperity.
2. What legislation are you most disappointed that failed to pass this session and why?
The legislature missed the opportunity to provide real tax relief for Idaho, given we had a nearly $2 Billion surplus to work with. The grocery tax repeal bill (with broad support in the senate, house, and governor’s office) was shut down by House leaders. This is a loss of over $300 million of would-be tax relief. We did virtually nothing to reduce or eliminate property taxes, or to cut taxes on gasoline. In this high inflation era, the legislature could have and should have used the surplus to the benefit of Idaho families instead of Idaho government. We also missed the opportunity to protect children from the woke agenda and from groomers who seek to steal their innocence and virtue. Bills to prohibit transgender surgery/mutilation, and to prohibit the distribution of harmful (pornographic) materials to children, both died in Senate committee chairmen drawers. Senate leaders should be ashamed.
3. What will you be working on in the interim for the session next year?
As the chairman of Idaho’s Freedom Caucus, I will be working with my colleagues on real budget and tax reforms which start with the premise of a limited and proper role of government, funded efficiently, with any and all remaining surplus returned to Idaho families via reductions/elimination of overbearing taxes. We will renew the efforts to protect children from the liberal agenda and sexualization of their media and education. As always, we will work to restore and protect all of our God-given rights by honoring the U.S. and Idaho Constitutions. Rights to keep and bear arms shall not be infringed. The right to keep and own property will be protected and not threatened with crushing property taxes. Voting rights will be preserved by assuring integrity in our election processes. Education will be improved through restoring the influence of parents and local boards and by allowing the funding to follow the students rather than merely supporting a system.
Rep. Jon Weber is a legislator for District 34A.
Did not respond.
District 35
Sen. Van Burtenshaw is a legislator for District 35.
1. What legislation are you most proud of passing this session and why?
From the largest tax relief in Idaho history (H.B.436) to protecting the unborn (S.B.1309) and Ensuring Election Integrity (S.B. 1274), we passed significant legislation this session. If forced to choose just one, I am most proud of the work we did for water infrastructure (H.B 769). Due to their complexity, water issues are often overlooked but without foresight and planning on water infrastructure Idaho's agriculture will suffer. This legislation will ensure that Idaho's farmers and ranchers can keep feeding the world.
2. What legislation are you most disappointed that failed to pass this session and why?
With a critical shortage of large animal veterinarians in rural Idaho, I was incredibly disappointed that we couldn't get the "Rural Veterinary Repayment Program" across the finish line. As Chairman of the Senate Agriculture Affairs Committee I strongly supported this legislation and look forward to supporting it next session.
3. What will you be working on in the interim for the session next year?
Whether we like it or not, our state is growing. This rapid growth brings a number of issues that lawmakers need to be prepared to address. Among these include, ballooning property taxes. Idahoans are feeling the burden of these taxes and we are overdue for a solution. The answers are there, we just need to come together and solve this.
Rep. Rod Furniss is a legislator for District 35B.
1. What legislation are you most proud of passing this session and why?
Several bills I sponsored, and all were signed by the Governor.
H0443: Created a path forward for money to be spent on K-12 education workers to lower health insurance costs and provide a mechanism to allow those districts that can or want to enter the state employee health plan where costs are much lower due to economies of scale. The spend will be $105 million ongoing and $75.5 million one-time to enter the pool. Teachers have needed this break for a long time.
H0449: Was a brainchild of the Idaho Sheriff’s Association. and I was honored to be asked to carry this bill. It provides a shorter retirement for dispatchers. They are truly our first-line responders. Thank you, Sheriffs, and Dispatchers, for all you do.
H0603: The Idaho Hospital Association presented a problem that district hospitals have been struggling with for years that would allow them tools those other hospitals have to function fiscally. Leasing equipment and ground was prohibited. This was particularly affecting Lost River Medical Center in Arco. There were other rural hospitals that were helped as well.
H0611: The Idaho Department of Insurance through this legislation was able to request a waiver from the federal government and demonstrate savings for individual policies. The net result of the waiver, if is granted, will be a 7-8% saving to individual policy holders ongoing for at least the next 5 years. The projections are over $25 million a year. This is a huge win for Idaho.
HJM04: The memorial is making Congress aware of a serious problem Butte County has in receiving federal grants due to a statistical designation error in calculating residential incomes. Since through redistricting I am no longer representing Butte County this problem needed to be brought forward and remembered.
H0610: The Department of Finance through legislation was able to reduce regulations on collection agencies by lowering the time a supervisor must be on a job, requiring electric licensing, and by allowing attorneys to collect reasonable fees as in the contract, and extending the time to renew or reinstate a license.
2. What legislation are you most disappointed that failed to pass this session and why?
The librarian budget should not have been voted down and should have been passed in its original form.
3. What will you be working on in the interim for the session next year?
I will be working on gaps in the School District Health Insurance Legislation to help all districts retain and recruit quality individuals to perpetuate the learning of Idaho children.
Rep. Karey Hanks is a legislator for District 35A.
1. What legislation are you most proud of passing this session and why?
The 2022 legislative session was disappointing to many including myself. Very little real tax relief or meaningful citizen friendly legislation was accomplished. Hardworking Idahoans deserved better from this session. One positive note was a property tax “circuitbreaker” bill (H481) may help some senior citizens stay in their homes. The income tax rebate (H436) will mostly benefit higher-income earners which is unfortunate as it doesn’t seem equitable across all households, providing little benefit to lower-income households. We strengthened protections for personal firearms, ammunition, and gun components during a declared disaster emergency (S1262). A “Heartbeat” bill, modeled after a new Texas law amends the Fetal Heartbeat Preborn Child Protection Act. This law will help save more preborn babies than current law but falls short of complete protection for the unborn.
2. What legislation are you most disappointed that failed to pass this session and why?
Several proposals would have helped Idaho families in this inflationary time. With a $1.9 BILLION surplus, the grocery tax repeal (H448) was a no-brainer, as was Fuel tax suspension (H492). These two important bills were called to the House floor several times but a majority of members opposed a vote. It baffles me how so many legislators make “cutting taxes” a big campaign issue but fail to take it seriously once elected. (Remember that when you vote in the May primary!) The Senate’s inability to override the governor’s veto on the Pause Act (S1381) was a shame, resulting in poor worker protection and more Idahoans being fired. It’s shocking that the Senate appears to dismiss the very real concerns related to child pornography when they would not address the library pornography exemption to protect our children (H666).
3. What will you be working on in the interim for the session next year?
I will be serving the people in my district by visiting and meeting with citizens to hear their concerns, engage and discuss solutions to issues, share information about Idaho government, and continue to pass out copies of the US Constitution. It is vital to encourage our citizens to get informed and involved. As a member of the newly organized Idaho Freedom Caucus, I will be assisting to prepare the Idaho Conservative Agenda for the 2023 legislative session.
|
https://www.wyomingnews.com/opinion-in-their-words/article_d85d9036-11df-58f3-a87c-67fefb3ddc47.html
| 2022-04-08T04:11:43Z
|
ROCK SPRINGS --Sweetwater County School District #1 students’ art work continues to be featured at the Community Fine Arts Center with Eastside Elementary now through April 16th. Nearly 180 students are participating in this exhibit, under the instruction of Nancy Rollins and Kendra Lewis.
The CFAC continues to celebrate the importance of the arts in our schools by holding the annual displays. Rock Springs High School teacher Elmer Halseth encouraged his students as far back as the 1930s to raise money and he helped them to purchase art to hang in their classrooms. In 1966, he arranged for the expanded art collection to be on display for the public and the Community Fine Arts Center began to be an important feature of the town.
National Youth Art Month is observed in March each year, but the CFAC has art displays of the SCSD No. 1 students' artwork all spring. This national observation recognizes the importance of art and arts education in school programs. Art, music, and the performing arts activities can help students develop life skills including self-expression, problem solving, creativity, individuality, and being able to see the beauty both in traditional art forms and the world around them.
The following students are participating:
Fourth Grade: Jose Acosta, Calee Adams-Zink, Vianney Aguirre, Adalynn Allen, Pedro Amezquila-Martinez, Caleb Barry, Jones Bentlee, Christian Bettelyoun, Natalie Bolvito Arias, Cameron Bowles, Kayla Burklow, Richa Cherny, Madelin Chubb, Arianna Clark, Alec Coca, Brooklyn Condie, Ahna D’Anna, Layne Dandridge, Airrieauna Diaz Harper, Phillip Eccker, Linda Eguade, Ivan Faycosh, Kaylee Fitzgerald, Damarlen Garcia Jarquin, Zameson Gerken,
Harley Gonzalez, Noah Gregg, Bria Hafner, Sophia Hernandez, Dean Hughes, Shaunteya Hunt, Aurora Johnson, Averie Jones, Mariah Karnes, Taydin Kiser, Karlee Lewis, Sammy Lowell, Max Lucas, Jameson McInnes, Uriah Morgan, Lyric Mudd, Vanessa Overy, Baylee Pearson, Colton Pederson, Melody Pooler, Alexia Ribera-Little, Shaylin Robinson, Fabian Rodriguez-Sanchez, Felecity Seeley, Joe Sgrignoli, Tavia Shalata, Xzavier Skiles, Harlee Smith, Jaxen Smith, Natalie Sola Vargas, Daniel Sosa, Elliot Souza, Gracie Spiers, Jefferson Suchite, Jax Sweet-Willems, Drew Tedder, John Thompson, Angel Trujillo Marcos, Lilly Tulaga, Mia Valdez, Benton Vermillion, Payton Vieyra, Karson Wamsley, Peytyn Weilep, Denin Ziegler
Fifth grade: Leland Beck, Xander Bell, Jillian Bieber, Sammy Cairns, Kylie Chaffin, Carlor Colchado, River Cole, Fisher Copeland, Abigail Cruz, Madison Dever, Anna Durrant, California Eaton, Raelynn Fisher, Julia Flake, Carlitos Garcia-Castro, Roper Gomez, Julia Gustafson, Drake Hautala, Sophia Hayes, Harley Hornberger, Sophia Jackson, Kimber James, Alera Johns, Josh Jones, Ian Keele, Zack Lambert, Briseidy Martinez, Alexa Montoya-Breeze, Ireland Moore, Haylee Morgan, Yoni MuxPol, Kate Navarro, Aubrey Nickell, Ervin Nieto, Camila Pacheco, Jude Peck, Yareli Perez, Victoria Potter-Spanne, Isaac Rall, Cade Reitzel, Natalie Rios, Eli Rivera, Robert Roswell, Lesly Sagastume, Samantha Salgado, Miah Sheldon, Desmond Stocks, Persayous Stokes, Slade Swensen, Bentlee Trombley, Ella Wiig, Zailey Wright
Sixth Grade: Crisol Acevedo Jacinto, JennaRose Agudu, Parker Bates, Cienna Bethancourt, Layla Bieber, Ava Burklow, Kinley Busenbark, Tenleigh Cacares, Heimy Casasola, Aaliyah Casillas, Laila Copenburger, Aurelia Corbin, Leah Corrales, Lilyan Covolo, Eva Croff, Luis Cruz, Porter Dorigatti, Peter Falo, Kendra Flack, Garrett Flake, Jordana Frericks, Maci Hackney, MahKayla Harrington, Juan Hernandez Casas, McKinley House-Anson, Alorna Irwin, Byron Johnson, Steven Jurado, Gracee Kerns, Karley Keslar, Kenny Knox-Zanetti, Mercedes Krotzer, Kamdin Krueth, Wyatt Laughter, CJ Long, Caroline Lowell, Dominic Maldonado, Jackson McKenzie, Aubree Michael, Savannah Moore, Payson Muniz, Brylee Muniz, Isabella Nelson, Addison Nilles, Andrew Nilles, Hailee Penrod, Reyni Reese, Caleb Rogers, Fatima Sanchez, Chloe Senstock, Darren Skorcz, Ethan Spiers, Alexis Trombley, Hensley Vidales, Dakota Yurga, Kenya Zambrano
The next schools to exhibit will be Rock Springs Junior High School’s exhibit is April 19 – 30 with a reception on April 20th followed by Rock Springs and Black Butte High Schools from May 4 - 21 with a reception on May 4th.
Friends and family of the students, and the public, are encouraged to visit the CFAC to see the students’ exhibit as well as the permanent art collection owned by Sweetwater County School District No. One. Masks are suggested and we practice social distancing.
CFAC hours are Monday through Thursday 10 a.m. to 6 p.m., Friday and Saturday from noon to 5 p.m.
|
https://www.wyomingnews.com/townnews/art/eastside-elementary-art-on-display-at-cfac/article_41e20b82-2359-592c-8a71-699f668a4656.html
| 2022-04-08T04:11:49Z
|
Jackson will join more diverse and conservative high court
WASHINGTON (AP) — Judge Ketanji Brown Jackson will join a Supreme Court that is both more diverse than ever and more conservative than it’s been since the 1930s.
She’s likely to be on the losing end of a bunch of important cases, including examinations of the role of race in college admissions and voting rights that the high court, with its 6-3 conservative majority, will take up next term.
Jackson, 51, is the first Black woman confirmed to the Supreme Court following Thursday’s 53-47 vote by the Senate. She won’t join the court for several months, until Justice Stephen Breyer retires once the court wraps up its work for the summer — including its verdict on whether to overturn the landmark Roe v. Wade ruling on abortion rights.
When Jackson takes the bench as a justice for the first time, in October, she will be one of four women and two Black justices — both high court firsts.
And the nine-member court as a whole will be younger than it’s been for nearly 30 years, when Breyer, now 83, came on board.
Among the younger justices are three appointees of former President Donald Trump, and the court’s historic diversity won’t obscure its conservative tilt.
In Breyer’s final term, the conservative justices already have left their mark even before deciding major cases on abortion, guns, religion and climate change. By 5-4 or 6-3 votes, they allowed an unusual Texas law to remain in effect that bans abortions after roughly six weeks; stopped the Biden administration from requiring large employers to have a workforce that is vaccinated against COVID-19 or be masked and tested; and left in place redrawn Alabama congressional districts that a lower court with two Trump appointees found shortchanged Black voters in violation of federal law.
Jackson’s replacement of Breyer, for whom she once worked as a law clerk, won’t alter that Supreme Court math.
“She’s just going to be swimming against the tide every day. That’s a lot to take on,” said Robin Walker Sterling, a Northwestern University law professor.
But Jackson’s presence could make a difference in the perspective she brings and how she expresses herself in her opinions, said Payvand Ahdout, a University of Virginia law professor.
Jackson, who was raised in Miami, may see the high court’s cases about race “from the lens of being a Black woman who grew up in the South. She has an opportunity early on to show how representation matters,” Ahdout said.
During her Senate confirmation hearings, Jackson pledged to sit out the court’s consideration of Harvard’s admissions program, since she is a member of its board of overseers. But the court could split off a second case involving a challenge to the University of North Carolina’s admissions process, which might allow her to weigh in on the issue.
“Historically, the court goes to some length to try to get as much participation as possible. So I wouldn’t be surprised to see the two dealt with separately,” said Ahdout, who was a clerk to the late Justice Ruth Bader Ginsburg the last time the court dealt with race in college admissions, in 2016. Just seven justices took part in that case, because Justice Antonin Scalia died before it was decided and Justice Elena Kagan had been involved as a Justice Department official before joining the court.
For now, Jackson might not have much to do. She remains a judge on the federal appeals court in Washington, but she stepped away from cases there when President Joe Biden nominated her to the Supreme Court in February and will continue to do so, a White House official said.
That could reduce the number of times Jackson has to recuse herself from any of her old cases that later make their way to the Supreme Court.
Breyer said in January that he would retire once his successor had been confirmed, but not before the end of the term. With a bare Senate majority, Democrats didn’t want to risk waiting until the summer for confirmation hearings and a vote.
That leaves Jackson in a situation that is “unprecedented in modern times,” said Marin Levy, a Duke University law professor who studies the federal judiciary.
Most new justices begin work a few days after they are confirmed, Levy said. Justice Brett Kavanaugh was sworn in to the court just a few hours after his tumultuous Senate vote.
Jackson could spend time arranging for her clerks and other staff for the Supreme Court, and closing down her current office.
But she won’t have to find new housing or upend the lives of her husband and children. Her new workplace is less than a mile from the court of appeals.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.wvva.com/2022/04/08/jackson-will-join-more-diverse-conservative-high-court/
| 2022-04-08T04:52:52Z
|
Woodrow Wilson blanks Princeton
Flying Eagles soar to early lead
Published: Apr. 8, 2022 at 12:23 AM EDT|Updated: 29 minutes ago
BECKLEY, W.Va. (WVVA) - Woodrow Wilson scored two runs in the second inning and led the rest of the way.
The Flying Eagles went on to win 8-0 on Thursday.
Copyright 2022 WVVA. All rights reserved.
|
https://www.wvva.com/2022/04/08/woodrow-wilson-blanks-princeton/
| 2022-04-08T04:52:59Z
|
...SMALL CRAFT ADVISORY REMAINS IN EFFECT UNTIL 6 AM HST FRIDAY...
* WHAT...East winds 20 to 30 knots, except north winds in
Maalaea Bay.
* WHERE...Maalaea Bay, Pailolo Channel, Alenuihaha Channel, Big
Island Leeward Waters and Big Island Southeast Waters.
* WHEN...Until 6 AM HST Friday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
Prince Jonah Kuhio Kalanianaole Federal Building and US Court House
HONOLULU (KITV4) -- The prosecution in the federal drug trafficking trial of Dr. Rudy Puana, the brother of former Honolulu deputy prosecutor Katherine Kealoha, called several members of law enforcement to the stand on Thursday.
Sgt. Daniel Sellers, a 25-year veteran of the Honolulu Police Department, a longtime friend of Puana, and Ex-boyfriend of Kathrine Kealoha was a key witness.
Sellers acknowledged that he dated Kathrine Keaaloha for 4-5 years when he was a junior in high school. During that time, Sellers says he met Puana and they became friends. .
Sellers also described the time in 2015 when he came to Puana’s apartment in Honolulu and Puana allegedly brought out a bag of cocaine.
Sellers told the court, “I just got up and left...It was like a bomb went off. I didn’t know what to do, probably for the first time in my career.”
In his testimony, Sellers said he did not bring the incident to the attention of law enforcement but did bring it to the attention of Kathrine Kealoha and says he told her, “your brother is f'd up."
Sellers says she responded saying, "Yeah, I know."
In another meeting in 2015, Sellers claims Puana allegedly told him, “Danny, you have some bad dudes in your department."
Puana also allegedly told Sellers that one of the officers in his department -- Officer Alan Ahn -- had a girlfriend who sold drugs and was who Rudy was getting his cocaine from.
Sellers said he wrote an "information notice" to his captain about Ahn and his girlfriend. Sellers says a surveillance operation was then mounted in coordination with Kathrine Kealoha and a drug bust was made at the house in August 2015. Cocaine and marijah and pill bottles were found at the house.
In the cross examination, the defense asked Sellers if he was aware of the alleged drug activity going on at Ahn's girlfriend's house. He told the court no.
Kathrine Kealoha is listed as a prosecution witness and may appear when court resumes Friday.
As someone who grew up in foster care, the only thing that mattered to me was finding love and belonging. Being able to connect with the community as a reporter in Hawaii is why I do what I do.
|
https://www.kitv.com/news/crime/prosecution-calls-law-enforcement-witnesses-on-day-3-of-drug-trial-for-big-island-doctor/article_1684bd58-b6e1-11ec-9acc-53313dc38cf3.html
| 2022-04-08T05:40:13Z
|
Country
United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary
People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe
|
https://www.kitv.com/news/local/big-island-detectives-renew-efforts-to-find-puna-man-missing-since-2019/article_aab67474-b6d4-11ec-8160-cf9754c1648a.html
| 2022-04-08T05:40:19Z
|
...SMALL CRAFT ADVISORY REMAINS IN EFFECT UNTIL 6 AM HST FRIDAY...
* WHAT...East winds 20 to 30 knots, except north winds in
Maalaea Bay.
* WHERE...Maalaea Bay, Pailolo Channel, Alenuihaha Channel, Big
Island Leeward Waters and Big Island Southeast Waters.
* WHEN...Until 6 AM HST Friday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
A Navy sailor aboard the USS Halsey salutes as the ship passes by the USS Utah Memorial, Wednesday, Dec. 7, 2016, in Honolulu. Wednesday marks the 75th anniversary of the surprise Japanese attack on Pearl Harbor initiating the War in the Pacific. (AP Photo/Marco Garcia)
HONOLULU (AP) — A U.S. Navy officer stationed in Hawaii says in a lawsuit that he can’t get a gun permit because he sought counseling for feeling depressed and homesick.
Michael Santucci’s lawsuit is the latest challenge to Hawaii’s gun ownership restrictions. His lawsuit focuses on a state law that allows access to an applicant’s medical records in determining whether someone should be allowed to own a gun, which his lawyers say is unique to Hawaii.
Santucci wasn’t diagnosed with any disqualifying behavioral, emotional or mental disorder. His lawyers say it's unconstitutional to require a medical evaluation to exercise a fundamental right when there’s no evidence of mental illness.
The state attorney general's office declines to comment.
|
https://www.kitv.com/news/local/lawsuit-homesick-navy-officer-cant-get-hawaii-gun-permit/article_3334b822-b6e1-11ec-8185-4722ca33146a.html
| 2022-04-08T05:40:25Z
|
LAHAINA, Maui (KITV4) - Mala Wharf, a small boat harbor on Maui's west shore, is considered culturally significant to Native Hawaiians.
Once a fishing village, the area remains a popular fishing spot for local residents who say the harbor has become inundated with tourists over recent years, largely thanks to social media promoting it as an ideal snorkeling site.
"You'll have people that are parasailing, you have boat tours, you have snorkeling, you have scuba divers," said Maui native Tiare Lawrence, who frequents the wharf with her family. "I took my son this last Sunday, and we couldn't even cast our line because where we like to go was just, you know, tourists everywhere."
Lawrence also runs cultural programs at the wharf, taking kids on Hawaiian voyaging canoes.
"We've had situations where we'll launch our canoes, we don't have trailer parking because all the commercial operators consume all of the trailer parking," Lawrence added.
"We show up, there's no parking because all the rental cars are taking up all the parking."
Lawrence argues the overcrowding infringes on her rights as a Native Hawaiian to practice customary traditions, such as fishing and canoe paddling.
The Department of Land and Natural Resources has granted commercial permits to 16 companies for Mala Wharf.
One permit-holder is private charter company owner Woody Woodward, who said all operators are respectful of Native Hawaiian cultural practitioners and act as stewards of the area, often hosting clean ups.
"It's sad, really, it's gotten to this point I think us original 16, we try to perpetuate the Hawaiian culture, and that's the whole part, that's what people want to see and we've been doing that. It's unfortunate we have a target on our back," Woodward said.
Woodward and Lawrence agree there are are too many unpermitted commercial operators there -- and little to no enforcement.
Lawrence is seeking legal action. Her attorney Christina Lizzi says the DLNR's commercial permits do not limit how often or how long operators can use the ramp.
"So they're basically given a permit, and then they have free reign on what to do down there," Lizzi said. "One of the problems here is that the agency is issuing these permits, without really looking at all the laws it's supposed to when it does."
Lizzi added the DLNR has repeatedly denied her clients' requests for contested case hearings since they began filing for them in July 2021.
There are currently two outstanding appeals in court, and Lizzi expects the final ruling to come down by June.
DLNR decline to comment due to the pending litigation.
|
https://www.kitv.com/news/local/maui-residents-seek-legal-action-over-crowded-boat-harbor-they-believe-is-bombarded-with-tourists/article_62f8b6d0-b6d7-11ec-9582-07e63b23e451.html
| 2022-04-08T05:40:31Z
|
...SMALL CRAFT ADVISORY REMAINS IN EFFECT UNTIL 6 AM HST FRIDAY...
* WHAT...East winds 20 to 30 knots, except north winds in
Maalaea Bay.
* WHERE...Maalaea Bay, Pailolo Channel, Alenuihaha Channel, Big
Island Leeward Waters and Big Island Southeast Waters.
* WHEN...Until 6 AM HST Friday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HONOLULU (KITV4) -- Sea turtle nesting period has arrived and the Marine Corps Base is announcing the suspension of overnight camping at Bellows Field Beach Park.
The closure is necessary to ensure the safety of the sea turtles, which are a federally-protected, endangered species, and culturally significant to Hawaii. The overnight suspension will only apply during the 19 weeks the turtles nest, incubate, and hatch along the shoreline, Marine Corps officials said.
The campground closure will begin on Monday, April 18 through Thursday, September 1, but may be extended past Labor Day Weekend.
Weekend day use will continue to remain open to the public.
Once a nesting site is confirmed, the area surrounding the nest will be closed off from human use.
Signs will be posted at public facilities with information about the turtle nesting sites.
If you see a nesting turtle or hatchlings on Bellows Beach, please call (808) 448-4916.
|
https://www.kitv.com/news/local/overnight-camping-at-bellows-to-end-due-to-return-of-nesting-sea-turtles/article_40288a18-b6dc-11ec-9365-4bd87947697e.html
| 2022-04-08T05:40:37Z
|
Ukrainian leaders predict more gruesome discoveries ahead
CHERNIHIV, Ukraine (AP) — Ukrainian leaders predicted there would be more gruesome discoveries in the days ahead after retreating Russian forces left behind crushed buildings, streets strewn with destroyed cars and mounting civilian casualties that drew condemnation from across the globe.
Kremlin forces devastated the northern city of Chernihiv as part of their attempt to sweep south toward the capital before retreating. In the aftermath, dozens of people lined up to receive bread, diapers and medicine from vans parked outside a shattered school now serving as an aid-distribution point.
Ukrainian Foreign Minister Dmytro Kuleba warned Thursday that despite a recent Russian pullback, the country remains vulnerable, and he pleaded for weapons from NATO and other sympathetic countries to help face down an expected offensive in the east. Nations from the alliance agreed to increase their supply of arms, spurred on by reports that Russian forces committed atrocities in areas surrounding the capital.
The mayor of Bucha, near Kyiv, said investigators have found at least three sites of mass shootings of civilians during the Russian occupation. Most victims died from gunshots, not from shelling, he said, and some corpses with their hands tied were “dumped like firewood” into recently discovered mass graves, including one at a children’s camp.
Mayor Anatoliy Fedoruk said the count of dead civilians stood at 320 as of Wednesday, but he expected the number to rise as more bodies are found in his city, which once had a population of 50,000. Only 3,700 now remain, he said.
In his nightly address, Ukrainian President Volodymyr Zelenskyy suggested that the horrors of Bucha could be only the beginning. In the northern city of Borodianka, just 30 kilometers northwest of Bucha, Zelenskyy warned of even more casualties, saying “there it is much more horrible.”
Ukrainian officials said earlier this week that the bodies of 410 civilians were found in towns around the capital city. Volunteers have spent days collecting the corpses, and more were picked up Thursday in Bucha.
In the seaport city of Mariupol, Ukranian authorities expected to find much the same. “The same cruelty. The same terrible crimes,” Zelenskyy said.
Ukrainian and several Western leaders have blamed the massacres on Moscow’s troops, and the weekly Der Spiegel reported that Germany’s foreign intelligence agency had intercepted radio messages between Russian soldiers discussing the killings of civilians. Russia has falsely claimed that the scenes in Bucha were staged.
In the 6-week-old war, Russian forces failed to take Ukraine’s capital quickly, denying what Western countries said was Russian leader Vladimir Putin’s initial aim of ousting the Ukrainian government. In the wake of that setback and heavy losses, Russia shifted its focus to the Donbas, a mostly Russian-speaking, industrial region in eastern Ukraine where Moscow-backed rebels have been fighting Ukrainian forces for eight years.
On Thursday, a day after Russian forces began shelling their village in the southern Mykolaiv region, Sergei Dubovienko, 52, drove north in his small blue Lada with his wife and mother-in-law to Bashtanka, where they found temporary shelter in a church.
“They started destroying the houses and everything” in Pavlo-Marianovka, he said. “Then the tanks appeared from the forest. We thought that in the morning there would be shelling again, so I decided to leave.”
Hundreds of people have been fleeing villages in the Mykolaiv and Kherson regions that are either under attack or occupied by Russian forces.
Tatiana Vizavik, 50, fled Chernobaievka in the Kherson region with her son, daughter-in-law and six grandchildren.
When the Russian attack began, they moved to the basement of an apartment building and spent five nights there. “We had nothing to eat. We had no drinking water,” Vizavik said. “We were frightened to go out. Then some volunteers starting helping us.”
She said they don’t know whether their house survived the shelling because they were too frightened to check before leaving town. They hope to reach safety in the Czech Republic.
Marina Morozova and her husband fled from Kherson, the first major city to fall to the Russians.
“They are waiting for a big battle. We saw shells that did not explode. It was horrifying,” she said.
Morozova, 69, said the only news people get is from Russian television and radio. She said the Russians handed out humanitarian aid so they could film the distribution.
Anxious to keep moving away from areas that Russian troops have reached, the couple and others boarded a van that would take them west. Some will try to leave the country, while others will remain in quieter parts of Ukraine.
The United Nations estimates the war has displaced at least 6.5 million people within the country.
The U.N. refugee agency, UNHCR, said that more than 4 million have left Ukraine since Russia launched its invasion on Feb. 24 and sparked Europe’s largest refugee crisis since World War II. Half of the refugees are children, according to UNHCR and the U.N. children’s agency, UNICEF.
The International Organization for Migration, which tracks not just refugees but all people on the move from their homes, estimated that more than 12 million people are stranded in areas of Ukraine under attack.
The United Nations’ humanitarian chief told The Associated Press on Thursday that he’s “not optimistic” about securing a cease-fire after meeting with officials in Kyiv and in Moscow this week, underlining the lack of trust the two sides have for one another. He spoke hours after Russian Foreign Minister Sergey Lavrov accused Ukraine of backtracking on proposals it had made over Crimea and Ukraine’s military status.
It’s not clear how long it will take withdrawing Russian forces to redeploy, and Ukrainian officials have urged people in the country’s east to leave before the fighting intensifies there.
Ukrainian Deputy Prime Minister Iryna Vereshchuk said Ukrainian and Russian officials agreed to establish civilian evacuation routes Thursday from several areas in the Donbas.
In addition to spurring NATO countries to send more arms, the revelations about possible war crimes led Western nations to step up sanctions, and the Group of Seven major world powers warned that they will continue strengthening the measures until Russian troops leave Ukraine.
The U.S. Congress voted Thursday to suspend normal trade relations with Russia and ban the importation of its oil, while the European Union approved punishing new steps, including an embargo on coal imports. The U.N. General Assembly, meanwhile, voted to suspend Russia from the world organization’s leading human rights body.
U.S. President Joe Biden said the U.N. vote demonstrated how “Putin’s war has made Russia an international pariah.” He called the images coming from Bucha “horrifying.”
“The signs of people being raped, tortured, executed — in some cases having their bodies desecrated — are an outrage to our common humanity,” Biden said.
___
Schreck reported from Kyiv, Ukraine. Associated Press journalists around the world contributed to this report.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.wvva.com/2022/04/08/ukrainian-leaders-predict-more-gruesome-discoveries-ahead/
| 2022-04-08T06:24:26Z
|
Henley High ran away from the competition at its own track meet Wednesday afternoon.
The Hornets scored 201 points in the boys meet, more than doubling the total of second-place Mazama, which had 82. Klamath Union took third with 47 and Lost River totaled 21.
The girls team did the same, finishing with 177.67 points, with Klamath Union second with 67, followed by Mazama (60.33), Bonanza (35) and Lost River (5).
“Big team effort, we worked hard together and worked as one big team, we used our strength in numbers,” Henley coach Brad Smith said.
The Hornets had their stars shine, especially Eli Hayes. He won the high jump with a mark of 6-foot, six inches better than anyone else, and the long jump by nine inches with a personal-best 21-2.
“He’s an outstanding athlete who has improved on his jumps from last year and always works hard,” Smith said of Hayes. “He is a great leader and that shows when he is out there, during events or just talking to other athletes. ... I hope he can continue his pace and set more personal records in future events.”
The boys 800 meters came down to the wire, but the top three finishers were all Hornets. Wyatt Fussell, Victor Alonzo and Geovanni Cazarez all finished within less than two seconds of each other, with Fussell winning with a time of 2 minutes, 12.04 seconds, followed by Alonzo at 2:13.56, and Cazarez at 2:13.83.
Mazama’s boys 4x100 relay team finished first in 44.23, followed by Klamath Union at 46.18 and Henley at 46.94.
“We had a really good race; we have been working on our handoffs and executed them well today,” Mazama senior Savien Burk said.
In the girls meet, Henley’s Eelana Gonzalez and Mazama’s Abi Catterall were neck and neck during the 1,500 meters. The race came down to milliseconds as the two sprinted to the finish line, but it was Gonzalez who finished first in 6:03.46, with Catterall clocking 6:03.87.
The next varsity meet in the Klamath Basin for the teams will be April 20 at Mazama.
|
https://www.heraldandnews.com/klamath/hornets-thrive-at-own-meet/article_d09fd800-5207-51d1-a7d1-b89696f80844.html
| 2022-04-08T07:12:13Z
|
...SMALL CRAFT ADVISORY REMAINS IN EFFECT UNTIL 6 AM HST FRIDAY...
* WHAT...East winds 20 to 30 knots, except north winds in
Maalaea Bay.
* WHERE...Maalaea Bay, Pailolo Channel, Alenuihaha Channel, Big
Island Leeward Waters and Big Island Southeast Waters.
* WHEN...Until 6 AM HST Friday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HONOLULU (KITV4) -- It look protests in the community and the entire congressional delegation putting pressure, but finally the tide of public opinion forced the Department of Defense to announce its decision to shut down Red Hill.
For many, it was a victory, but the lawyer representing the Sierra Club says they can't relax just yet.
"We still have to make sure our water supply is safe," says David Henkin with Earthjustice.
Lately that confidence has been shaken with another recent leak at the facility.
Just days ago, commanding officer of the Naval Supply Systems Command Fleet Logistics Center was fired due to a loss of confidence. It might seem like a step in the right direction, but the Sierra Club says Captain Albert Hornyak also tried to raise alarms well before the November leak.
"We do know that he was raising alarms about pressure changes in the pipes connected to this facility back in September which led the facility being shut down for more than a week which is an unusual thing to do," says Wayne Chung Tanaka with the Sierra Club.
They say despite the Navy's promises to defuel and shut down, they're still fighting against the state order and haven't given a clear timeframe.
"As long as that ticking time bomb of hundreds of millions of gallons of fuel are poised over our aquifer, we're at further risk of contamination of the aquifer," Henkin says.
The next step in the legal process will on April 25th - that's when the Navy will have to file its brief challenging the state order in environmental court.
Tom anchors Good Morning Hawaii weekends and reports for KITV4. He comes to Hawaii after reporting in Nevada, Oklahoma and Georgia. Tom is a proud Terp, graduating from the University of Maryland in 2012.
|
https://www.kitv.com/news/environmental-advocates-concerned-about-red-hill-defueling-timetable/article_3592ece4-b6f3-11ec-a840-13c7f1218e89.html
| 2022-04-08T07:36:47Z
|
...SMALL CRAFT ADVISORY REMAINS IN EFFECT UNTIL 6 AM HST FRIDAY...
* WHAT...East winds 20 to 30 knots, except north winds in
Maalaea Bay.
* WHERE...Maalaea Bay, Pailolo Channel, Alenuihaha Channel, Big
Island Leeward Waters and Big Island Southeast Waters.
* WHEN...Until 6 AM HST Friday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HONOLULU (KITV4) - Changing diapers, bathing, feeding and helping the elderly with activities of daily living are all part of the job for certified nursing assistants who these days often earn less than a barista.
"It's not necessarily glamorous work," said Hilton Raethel, president and CEO of the Healthcare Association of Hawaii. "It is demanding work and there are many other jobs that pay as much or more in the workforce either in hotels or retail that may be much more appealing to young people."
That's why nursing homes are struggling to recruit and retain workers to provide basic care for patients.
"People are just rethinking what life is and what's important to them. And so we are seeing turnover pick up," said Suzie Schulberg, president and CEO of the Arcadia Family of Companies.
President Joe Biden's proposing to establish minimum staffing requirements to improve care in nursing homes. But health leaders fear that could lead to unintended consequences.
"Some of our operators may have to stop accepting new residents or they may have to shut down wings if they don't have sufficient staff because they they do not want to get a penalty," Raethel said.
The majority of workers in the state's long-term care facilities are CNAs -- an entry-level job. CNAs make anywhere from $15 to $20 an hour.
"For folks who are interested in serving kupuna it's not about the money," Shulberg said. "It's really about heart."
Nursing homes are trying to find ways to make the job easier -- including using new technology to help with fall prevention to lessen the burden on workers.
Some facilities are also offering higher wages, internships and participating in academies to get teens and young adults interested in the health-care field.
Kristen joined KITV4 in March 2021 after working for the past two decades as a newspaper reporter. Kristen's goal is to produce meaningful journalism that educates, enlightens and inspires to affect positive change in society.
|
https://www.kitv.com/news/hawaii-health-leaders-warn-of-unintended-consequences-of-proposed-nursing-home-staffing-rules/article_03f2ad72-b6ef-11ec-aa10-0f2efe2c8c0e.html
| 2022-04-08T07:36:53Z
|
...SMALL CRAFT ADVISORY REMAINS IN EFFECT UNTIL 6 AM HST FRIDAY...
* WHAT...East winds 20 to 30 knots, except north winds in
Maalaea Bay.
* WHERE...Maalaea Bay, Pailolo Channel, Alenuihaha Channel, Big
Island Leeward Waters and Big Island Southeast Waters.
* WHEN...Until 6 AM HST Friday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HAWAII COUNTY (KITV4) - The US Senate confirmed Judge Ketanji Brown Jackson to the highest court with a final vote of 53-47.
She is the first black woman to sit on the US Supreme Court and the sixth woman in history to do so.
President Biden said in a tweet after the vote “We have taken another step toward making our highest court reflect the diversity of America."
"For all of us who identify with different minority groups, this draws inspiration to see someone with a background similar to ours. This is a historic day for all of us here,” said Doug Chin, a practicing attorney.
A few attorneys in Hawaii say Justice Brown Jackson's significant criminal law background as a public defender will bring awareness on the other side of the criminal justice system.
“I am excited to hear her voice on affirmative action cases, voting, gay rights and so on. She represents modern America and our modern families,” said Stacy Ma, a litigation partner at Goodsill Quinn & Stifel.
People in the legal profession say they not only feel inspired but now have an elevated expectation for what is possible.
“This doesn’t disempower people who might be considering the judiciary or the public service, instead it motivates them. Students and alumni will use their experience and talents in the same way Judge Ketanji Brown Jackson showed us,” said Camille Nelson Dean of Williams S. Richardson School of Law at Uh Manoa.
Judge Jackson will replace Justice Stephen Breyer starting this summer. She will begin hearing cases in the fall term in October.
|
https://www.kitv.com/news/senate-confirms-ketanji-brown-jackson-to-u-s-supreme-court/article_6640e404-b702-11ec-a30b-1384bc0190fb.html
| 2022-04-08T07:36:59Z
|
NATO eyes in the sky, keeping Europe out of Russia’s war
UEDEM, Germany (AP) — As Russia’s military buildup near Ukraine accelerated early this year, military planners at NATO began preparing to dispatch scores of fighter jets and surveillance aircraft into the skies near Russia and Ukraine. It was a warning to Moscow not to make the mistake of targeting any member country.
Even in the weeks preceding the war, politicians and analysts were divided over whether President Vladimir Putin would really order Russian troops to invade. From a military point of view, though, the forces arrayed around Ukraine appeared designed to do just that.
It became a matter of urgency to put more eyes in the sky and to tightly link NATO aircraft, warships, ground-based missile systems and radar installations to protect the alliance’s eastern flank.
“We are monitoring very closely,” NATO Secretary-General Jens Stoltenberg said this week. “Information, best possible situation awareness, is of course extremely critical in such a dangerous situation as we see in Ukraine now.”
In the lead-up to the Feb. 24 invasion, the alliance’s Combined Air Operations Center in Uedem, western Germany, shifted gear. A few dozen military personnel now simultaneously manage up to 30 aircraft in skies from the northern tip of Norway down to Slovakia.
From an underground bunker in quiet farmland, patrolling aircraft are diverted to monitor suspicious Russian planes. Jets on 15-minute standby are routinely “Alpha Scrambled” from around Europe to intercept unidentified aircraft near NATO airspace.
More than 100 aircraft can be working aloft on any given day, mixed in among roughly 30,000 civilian flights made daily through European skies.
Six Boeing E-3A surveillance planes from NATO’s ageing fleet of early warning and control aircraft help create an “air picture” to share with member nations. These “eyes in the sky” do not fly into Ukraine or Russia, but can see up to 400 kilometers (250 miles) across borders.
Fighter jets also provide information about what is going on inside part of two countries at war. These “assets” are sometimes sent from as far away as western France, refueled mid-air, and can patrol for about an hour in the border area before they must return.
The 30-nation military alliance is wary of being drawn into a wider war with Russia, so borders and airspace are scrupulously respected.
“There is always the fog of war, and we don’t want to have NATO assets close by because even unintentionally you might have some losses,” said Major General Harold Van Pee, commander of the NATO facility in Uedem.
The most sensitive zones for unidentified planes are the Kola Peninsula — at the high north borders of Russia and Norway — the Gulf of Finland approaching the Russian city of St. Petersburg, and the skies around Russia’s exclave of Kaliningrad, sandwiched between Lithuania and Poland.
From their computer screens, NATO personnel can also track cruise missiles, like those that Russia used last month to pound a military training base in western Ukraine near NATO member Poland, killing 35 people.
But shadowing them with aircraft is a high-risk endeavor, particularly at night, in poor weather or when the missiles hug the ground, flying so low that electrical pylons and cables become a danger. “We have to be convinced that there is a credible threat” to go after one, Van Pee said.
A less obvious challenge to NATO airspace is rogue drones. Military officers said that Russia is using powerful electromagnetic devices for communication jamming purposes which can disrupt remotely controlled flights.
Last month, a military drone drifted uncontrolled out of Ukraine through the airspace of three members – Romania, Hungary and Croatia – before crashing in the Croatian capital. Some parked cars were damaged but no one was hurt.
The drone weighed just over 6 tons. Both Russia and Ukraine denied launching it. Military officers and NATO officials refuse to comment on the incident until an investigation is completed.
“Even if you fly alongside one of those drones, are you going to do something about it? You have to ask yourself, because if you shoot it down then for sure you’re going to do damage on the ground. If you let it fly, hopefully it will crash in the sea. I mean, you don’t know,” Van Pee said.
Whether it’s a rogue drone or a missile threat, political and legal experts are supposed to be involved in any decision to shoot something down. Despite the war in its backyard, NATO is operating under strict peacetime rules and is determined to keep it that way.
“Before you start using force there has to be an imminent threat to either NATO forces or NATO populations. That’s a judgement call, and that’s always hard to make,” Van Pee said.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.wvva.com/2022/04/08/nato-eyes-sky-keeping-europe-out-russias-war/
| 2022-04-08T07:55:40Z
|
3-year-old receives ‘birthday wish’ for a new heart, undergoes 14-hour surgery
CINCINNATI (WLWT) - A young Cincinnati Bengals superfan got a fantastic present in time for his fourth birthday - a new heart.
Sammy Jones, also known as “Superman Sammy,” recently underwent a 14-hour surgery at Cincinnati Children’s Hospital Medical Center.
“That’s what he asked for his birthday. We asked him back in March what he wanted for his birthday, and he said a new heart,” Sammy’s mother, Kortney Sink, said.
Sammy was born with hypoplastic left heart syndrome, causing the left side of his heart not to work.
“He had his first surgery at a day old, his second surgery at three months old, and then his third surgery at three years old,” Sink said.
Sammy’s parents thought he’d be good after his third surgery. He even started playing soccer, but his heart began to fail last fall.
After months spent in the hospital waiting, Sammy’s birthday wish came early.
“Couldn’t believe it. It’s been six months of waiting,” Sammy’s father, Garland Jones, said.
Sammy’s medical journey has been shared on social media, and several Cincinnati residents have bonded with him through his love of the Bengals.
“Thank you to the Bengals for an awesome season because it gave my son something to look forward to,” Garland Jones said.
Now, “Superman Sammy” has something else to look forward to – a new healthy heart.
“We hope he can do all he wants to do. He wants to play football and basketball. He wants to do all that stuff. And I’m just hoping and praying, he’s able to do all that stuff that he loves to do,” Sink said.
Sammy’s parents said they would have to stay within 40 miles of the hospital for three to six months, and since they live 70 miles away, they’ll be staying at a Ronald McDonald House.
Copyright 2022 WLWT via CNN Newsource. All rights reserved.
|
https://www.whsv.com/2022/04/06/3-year-old-receives-birthday-wish-new-heart-undergoes-14-hour-surgery/
| 2022-04-08T09:32:59Z
|
Body cam video shows 18-year-old’s claim of flirting with cop to avoid DUI was a lie
DENVER (KUSA) - An 18-year-old woman claimed she got out of a DUI when a deputy asked her on a date.
The woman’s side of the story went viral on social media, but police body camera footage showed what she claimed isn’t true.
Footage from Jefferson County Deputy Tyler Stahl’s body camera shows what happened last weekend just outside Denver.
The footage shows Stahl introducing himself to the driver and telling her he pulled her over because she was swerving.
“She said she was on her phone. She said that she was upset because her boyfriend broke up with her,” Stahl said. “Throughout my entire interaction, she would start crying and get more choked up the more she was talking about it.”
Stahl ended up letting the 18-year-old off with a warning, saying he didn’t believe she was impaired.
After the woman left the traffic stop, she shared a video on social media that was reposted and got tens of thousands of views (WARNING: Link contains explicit language) claiming she got out of a DUI by lying about getting broken up with. She also said she blew a “3.8″ blood alcohol content on a breathalyzer (0.4 is potentially lethal).
She claimed the officer gave her his phone number and asked her out on a date, and they planned to meet for lunch the next day.
Stahl said he is grateful for the body camera footage because without it, it could have been the 18-year-old’s word against his.
“I believe in transparency, like I said, I love the body cameras,” Stahl said. “It was selfish. I’m just disappointed. I genuinely think that she probably feels bad, and she’s going to have to live with this for a while, and that’s probably consequence enough.”
Copyright 2022 KUSA via CNN Newsource. All rights reserved.
|
https://www.whsv.com/2022/04/06/body-cam-video-shows-18-year-olds-claim-flirting-with-cop-avoid-dui-was-lie/
| 2022-04-08T09:33:06Z
|
The Community Foundation of Harrisonburg and Rockingham County kicks off “Early Giving Phase” of Great Community Give
HARRISONBURG, Va. (WHSV) - The Great Community Give is an annual initiative of the Community Foundation of Harrisonburg and Rockingham County. On April 20 from 6:30 a.m. to 8 p.m., The Community Foundation will raise money for more than 100 local nonprofits that are based in and serve the Harrisonburg-Rockingham County area.
“The first year’s goal was $70,000 because we didn’t know what to expect because we did not know how the community would receive this type of event,” Amanda Bomfim, program officer for TCFHRC, explained. “The community raised $276,820 for those 53 participating nonprofits, in that first year. It has increased and exceeded our goals every single year.”
This is the 5th annual GCG. Last year’s event raised more than $1.7 million for 116 area nonprofits.
“Several of them have come to me and said without the funds that we raised from Great Community Give last year, we would have had to close our doors or we would have had to shut down this program that we have been providing for so many years. To hear that this event is more than a fundraiser, it really is a celebration. It is a celebration of the Harrisonburg and Rockingham community,” Bomfim added.
The Early Giving Phase allows donors send cash and checks more easily to their selected nonprofits. All gifts collected during this time will be added to organizations’ sunrise to sunset totals on April 20.
Early Giving is from April 6 to 6:30 a.m. on April 20. You can give on the GCG website or give cash and check gifts directly to the nonprofit. If you are donating with a check, make sure to include “Great Community Give” in the memo line.
For more information on TCFHRC’s Great Community Give, click here.
Copyright 2022 WHSV. All rights reserved.
|
https://www.whsv.com/2022/04/06/community-foundation-harrisonburg-rockingham-county-kicks-off-early-giving-phase-great-community-give/
| 2022-04-08T09:33:12Z
|
Cracker Jack adds a new face to its roster
(Gray News) – As one of baseball’s most iconic snacks, Cracker Jack is adding a new face to its roster – Cracker Jill.
“We’ve been so inspired by how girls and women are changing the face of the game, so in this spirit, we introduce Cracker Jill to show girls that they’re represented even in our most iconic snacks,” said Tina Mahal, vice president, marketing at Frito-Lay North America.
Cracker Jill is represented in five different ways on a series of special-edition bags that will be sold in baseball parks across the country.
The intention is for Jill to continue to join Sailor Jack as a member of the team and part of the brand moving forward.
Frito-Lay also collaborated with award-winning artist Normani to put a new spin on the old classic, “Take Me out the Ballgame,” encouraging females in sports.
“As a young girl, I remember being inspired by athletes and artists who looked like me,” said Normani. “They made me believe that I could also achieve greatness as I watched them break barriers for women.”
Cracker Jack is donating $200,000 to the Women’s Sports Foundation and will send a Cracker Jill back to fans who donate at least $5 to the national non-profit, while supplies last.
“Our Foundation is an ally, advocate and catalyst to help unlock the possibilities in every girl and woman through the power of sport,” said Danette Leighton, WSF CEO. “Representation matters - it encourages and inspires the next generation. It’s wonderful to see Cracker Jill come to life, emphasizing the power that representation can have by celebrating women who’ve broken barriers.”
Copyright 2022 Gray Media Group, Inc. All rights reserved.
|
https://www.whsv.com/2022/04/06/cracker-jack-adds-new-face-its-roster/
| 2022-04-08T09:33:19Z
|
Man comes home to find tornado damage after taking wife off life support
WETUMPKA, Ala. (WSFA/Gray News) - A man in Alabama came home to find his house severely damaged by a tornado after taking his wife off life support at the hospital earlier that day.
Frank Senn’s wife fell down the stairs and broke her neck two weeks ago, severing her spinal cord. Eventually, doctors told him there was nothing else they could do for his wife, and the decision was made to take her off life support Tuesday.
Senn said his wife has not yet passed away but will spend her remaining days off life support at a care facility.
“My world is gone,” Senn said.
Senn had been at a hospital in Birmingham for days staying by his wife’s side. Then he came home to find his property in Wetumpka destroyed.
Officials confirmed at least one tornado touched down in Wetumpka on Tuesday with a path of damage 11 miles long. Senn believes that tornado directly hit his property.
The siding of his home has been damaged, and his barn, boat and Camaro were flattened by trees.
“The barn was a two-story barn from 1944, but it looks like a tornado took care of it,” Senn said, pointing to the roof of his barn now missing.
After facing the heartbreak of removing his wife from life support, Senn now faces another battle – cleaning up after the storm.
Senn’s family said it has been a really difficult time, and they are asking for prayers. If you would like to help him financially, you can send money to his Cash App account $rangerfarms.
Copyright 2022 WSFA via Gray Media Group, Inc. All rights reserved.
|
https://www.whsv.com/2022/04/06/man-comes-home-find-tornado-damage-after-taking-wife-off-life-support/
| 2022-04-08T09:33:25Z
|
Sheriff’s Office investigating burglary at Edinburg church
Published: Apr. 6, 2022 at 4:08 PM EDT
EDINBURG, Va. (WHSV) - The Shenandoah County Sheriff’s Office announced on Facebook that on March 27, 2022 between the hours of 10:30-11:30 p.m., the photographed subject entered Wakeman’s Grove Church in Edinburg and made off with money, a bass guitar, two (2) laptops, and a credit card.
The subject is seen wearing a mask and gloves. Anyone with any information regarding this case is asked to contact Inv. Nickerson at 540-459-6100.
Copyright 2022 WHSV. All rights reserved.
|
https://www.whsv.com/2022/04/06/sheriffs-office-investigating-burglary-edinburg-church/
| 2022-04-08T09:33:32Z
|
Tractor trailer crash in Augusta County cleared
Published: Apr. 6, 2022 at 3:04 PM EDT
AUGUSTA COUNTY, Va. (WHSV) - UPDATE: As of 3:34 p.m. Wednesday, VDOT says this crash has been cleared.
On I-81 at mile marker 207 in Augusta County, motorists can expect delays due to a tractor trailer crash.
The south right lane and right shoulder are closed. Traffic backups are approximately 7.0 miles.
This is a developing story. Stay with WHSV for the latest information.
Copyright 2022 WHSV. All rights reserved.
|
https://www.whsv.com/2022/04/06/tractor-trailer-crash-augusta-county-causes-delays/
| 2022-04-08T09:33:39Z
|
US charges Russian oligarch, dismantles cybercrime operation
WASHINGTON (AP) — The Biden administration has charged a Russian oligarch linked to the Kremlin with violating U.S. government sanctions, and disrupted a cybercrime operation that was launched by a Russian military intelligence agency, officials said Wednesday.
The actions came as the Justice Department said it was accelerating efforts to track down illicit Russian assets and as U.S. prosecutors helped European counterparts gather evidence on potential war crimes committed by Russia during its war on Ukraine.
FBI and Justice Department officials announced the moves on the same day that the U.S. separately revealed sanctions against the two adult daughters of Russian President Vladimir Putin and sanctions that blocked two key Russian banks.
“We have our eyes on every yacht and jet. We have our eyes on every piece of art and real estate purchased with dirty money and on every bitcoin wallet filled with proceeds of theft and other crimes,” Deputy Attorney General Lisa Monaco said, adding that “our goal is to ensure that sanctioned Russian oligarchs and cyber criminals will not find safe haven.”
The indictment against Konstantin Malofeyev, a Russian media baron and founder of Russian Orthodox news channel Tsargrad TV, is the first of an oligarch since Russia’s war with Ukraine began in February. Malofeyev has trumpeted the invasion as a “holy war” and has supported Russia-aligned separatist groups in Ukraine.
He was sanctioned by the Treasury Department in 2014 for financing Russians promoting separatism in Crimea. Though those sanctions barred him from doing business with U.S. citizens, prosecutors say Malofeyev evaded those restrictions by hiring an American television producer to work for him in television networks in Russia and Greece and enlisted his help in trying to acquire a TV network in Bulgaria. It was all part of an effort to spread pro-Russia propaganda throughout Europe, the Justice Department said.
Jack Hanick, a former CNBC and Fox News employee, was arrested last month for his work as a television producer for Malofeyev. That case is pending.
Malofeyev is not in custody and is believed to be in Russia. It was not immediately clear if he had a lawyer to speak on his behalf. The two sanctions charges each carry a maximum penalty of 20 years in prison.
The Justice Department said it is seeking the seizure of a $10 million investment that Malofeyev had illegally transferred to a business associate in Greece.
Federal authorities also announced that they had taken down a botnet — a network of hijacked computers typically used for malicious activity — that was controlled by the Russian military intelligence agency known as the GRU. The botnet, which in this case involved thousands of infected network hardware devices, was dismantled before it could do harm, said FBI Director Christopher Wray.
Wednesday’s announcements came two days after U.S. officials seized a huge yacht in Spain belonging to a Russian oligarch, Viktor Vekselberg, with close ties to Russian President Putin.
After the war began, the Justice Department set up a task force to enforce sanctions against Russian oligarchs and target ill-gotten proceeds.
Attorney General Merrick Garland said Wednesday that Justice Department prosecutors were also helping international efforts to uncover potential war crimes committed by Russia. U.S. officials have met with European prosecutors to develop a plan for gathering evidence, he said.
“We have seen the dead bodies of civilians, some with bound hands, scattered in the streets. We have seen the mass graves. We have seen the bombed hospital, theater, and residential apartment buildings,” Garland said. “The world sees what is happening in Ukraine. The Justice Department sees what is happening in Ukraine.
WARNING: The following video contains graphic content.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.whsv.com/2022/04/06/us-charges-russian-oligarch-dismantles-cybercrime-operation/
| 2022-04-08T09:33:45Z
|
US hits Russia with ‘war crimes’ sanctions, Europe following
WASHINGTON (AP) — The U.S. rolled out a new wave of financial sanctions on Wednesday against Russia that President Joe Biden said would place a lasting penalty on the country’s economy.
The United Kingdom quickly followed suit, and more pain was coming from the European Union as the allies pressed forward with an escalating campaign to tighten the economic screws on Russian President Vladimir Putin for “war crimes” in Ukraine.
Making it personal, the U.S. sanctions singled out the Putin’s family, targeting his two adult daughters in addition to blocking two key Russian banks.
Biden said that “Russia has already failed in its initial war” after the country’s forces were turned back from the Ukrainian capital of Kyiv. He cautioned, however, that “this fight is far from over.”
“This war could continue for a long time,” but the United States will continue to stand with Ukraine and Ukrainians in the fight for freedom, Biden said. “We’re going to stifle Russia’s ability to grow for years to come.”
The latest sanctions underscore the financial pain that Russia faces, as evidence that its troops killed Ukrainian civilians has led to ever harsher penalties by the U.S. and its Western allies that are eroding Putin’s ability to fight.
While rounds of increased sanctions have not forced Putin out of the war, they have put Russia in increasingly desperate economic circumstances as Ukrainian forces withstand his barrages. Key to the effectiveness of the sanctions has been the unity between the U.S. and European nations. And the atrocities revealed in Ukraine have intensified pressure on Germany and other countries to go further and join the U.S. and Lithuania in blocking all Russian energy exports.
The U.K. piled on Wednesday with asset freezes against major banks, a ban on British investment in Russia and a pledge to end dependency on Russian coal and oil by yearend.
The European Union was also expected to soon take additional steps, including a ban on new investment in Russia and an embargo on coal, after the recent evidence of atrocities emerging in the wake of the retreat by Russian forces from the town of Bucha.
WARNING: Video contains graphic content.
The U.S. acted against two of Russia’s largest banks, Sberbank and Alfa Bank, prohibiting assets from going through the U.S. financial system and barring Americans from doing business with those two institutions.
In addition to sanctions aimed at Putin’s adult daughters, Mariya Putina and Katerina Tikhonova, the U.S. is targeting Prime Minister Mikhail Mishustin; the wife and children of Russian Foreign Minister Sergey Lavrov; and members of Russia’s Security Council, including Dmitry Medvedev, a former president and prime minister.
The penalties cut off all of Putin’s close family members from the U.S. financial system and freeze any assets they hold in the United States.
Biden was expected to sign an an executive order that would ban new investment in Russia by Americans no matter where they are living. The U.S. Treasury Department was preparing more sanctions against Russian state-owned enterprises, according to the White House.
Britain announced asset freezes targeting Sberbank and the Credit Bank of Moscow and designated eight Russian oligarchs whom it says Putin “uses to prop up his war economy.”
“Together with our allies, we are showing the Russian elite that they cannot wash their hands of the atrocities committed on Putin’s orders,” British Foreign Secretary Liz Truss said.
Britain had already announced a plan to phase out Russian oil, which accounts for 8% of the U.K. supply. Russia is the top supplier of imported coal to the U.K., though British demand for the polluting fuel has plummeted in the past decade.
Britain has not ended imports of Russian natural gas, which accounts for 4% of its supply, saying only that it will do so “as soon as possible.”
Videos and images of bodies in the streets of Bucha after it was recaptured from Russian forces have unleashed a wave of indignation among Western allies, who have drawn up new sanctions as a response.
The European Commission’s proposed ban on coal imports would be the first EU sanctions targeting Russia’s lucrative energy industry over its war in Ukraine.
EU foreign affairs chief Josep Borrell said energy was key to Putin’s war coffers. And because the war has pushed prices higher, Russia has benefitted from being able to sell its natural gas and oil to the rest of the world.
“A billion euro is what we pay Putin every day for the energy he provides us since the beginning of the war. We have given him 35 billion euro. Compare that to the one billion that we have given to the Ukraine in arms and weapons,” Borrell said.
The steady intensifying in sanctions is less a sign of their shortcomings than the building pressure against Russia as it seeks foreign investment and basic goods, Brian Deese, director of the White House National Economic Council, told reporters at a Wednesday breakfast. “We need to have patience and perspective when it comes to the impacts on Russia of this unprecedented and crippling sanctions regime,” Deese said at the event sponsored by The Christian Science Monitor.
Deese noted that Russian inflation is running at 2% weekly, which would compound to annual inflation above 200% annually. He noted that the Biden administration expects Russian prices will not ultimately rise more than 200% this year.
While the White House has said Russia should not attend the G-20 meeting in Indonesia this November, he noted that it may drop out of the organization anyway because its economy has shrunk in size so dramatically.
After several European countries announced the expulsion of Russian diplomats, the European Commission proposed a fifth package of sanctions including a ban on coal imports that could be adopted once unanimously approved by the 27-nation bloc’s ambassadors.
European Commission President Ursula von der Leyen said the coal ban is worth 4 billion euros ($4.4 billion) per year and that the EU has already started working on additional sanctions, including on oil imports.
She didn’t mention natural gas, with consensus among the 27 EU countries on targeting the fuel used to generate electricity and heat homes difficult to secure amid opposition from gas-dependent members like Germany, the bloc’s largest economy.
But European Council President Charles Michel said the bloc should keep up the pressure on the Kremlin, suggesting that an embargo on gas imports should also be required at some point in the future.
“The new package includes a ban on coal imports,” Michel said on Wednesday. “I think that measures on oil, and even gas, will also be needed, sooner or later.”
___
Petrequin reported from Brussels. Associated Press writers Zeke Miller in Washington and Jill Lawless in London contributed reporting.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.whsv.com/2022/04/06/us-targets-putins-daughters-russian-banks-new-sanctions/
| 2022-04-08T09:33:52Z
|
Woman celebrates 108th birthday, shares her secret to longevity
GLOBE, Ariz. (3TV/CBS 5/Gray News) – Carmen Slough celebrated her 108th birthday this week with friends and family.
She was born in Douglas, Arizona, but has lived in the Globe-Miami area her entire life and is well-known. Slough owned a clothing store in downtown Globe for 49 years.
“We didn’t have paved streets,” Slough told AZFamily, remembering the early days of Globe. “There was still a few people who got around on horseback.”
Slough lived through the Spanish Flu when she was just 4 years old, but she remembers it like it was yesterday.
“I was old enough to know that something was wrong,” she said. “There was a lot of people in the area that did pass away from the flu at that time.”
At the age of 106, another virus — this time COVID-19 — turned her world upside down.
Slough admits it affected her, saying, “The isolation was really, really bad for me because I was used to being a part of the community.”
Slough’s late husband was a WWI veteran, and her siblings fought in WWII.
“I remember the people that we lost and the valor of our local boys that served overseas,” said Slough.
Her 86-year-old son, Bob, relies on his mom’s recollection and calls her “a wonder.”
Slough says staying active is the secret to longevity.
“I don’t believe in just sitting down and giving up, I believe in going out in the sunshine, picking weeds, and working in the garden,” Slough said.
She has a little brother, the only surviving sibling in her family of nine, who’s 98 years old.
Copyright 2022 AZFamily via Gray Media Group, Inc. All rights reserved.
|
https://www.whsv.com/2022/04/06/woman-celebrates-108-years-young-shares-her-secret-longevity/
| 2022-04-08T09:34:00Z
|
Blast of winter this weekend
Rain and snow is expected with highs in the 30s and 40s
Most of the region will stay dry this morning with a mix of sun and clouds. This afternoon we will see rain showers possibly mixing with snow at times. Temperatures will be colder with most topping off in the 40s. Winds will be gusty at times throughout the day making it feel even colder.
As we head into the overnight hours, temperatures will drop into the 20s and 30s so rain and snow will change over to all snow. At times, snow squalls (heavier snow bands) are possible which can rapidly reduce visibility. Lows will drop down into the 20s and 30s tonight and breezy conditions will continue.
Rain and snow showers will continue throughout the day tomorrow with highs in the 30s and 40s. Winds will make it feel like we are in the 20s and 30s all day long. Overnight, we will transition over to all snow once again with lows in the 20s and 30s.
A few lingering snow showers are possible on Sunday morning. Not much in the way of accumulation is expected. Most will see a coating to an inch of snow but some higher amounts are expected in the higher elevations in western Greenbrier and Pocahontas counties and northern Fayette county, Most of the accumulation will fall on the grassy surfaces although we could have some slick spots on the roadways especially overnight and during any snow squalls that develop.
Most will dry up on Sunday afternoon with partly cloudy skies but temperatures will stay chilly with highs in the 40s and low 50s. A big warm-up is on the way for next week when temperatures soar into the 60s and 70s for the majority of the workweek. Make sure to stay tuned and catch the latest on WVVA.
Copyright 2022 WVVA. All rights reserved.
|
https://www.wvva.com/2022/04/08/blast-winter-this-weekend/
| 2022-04-08T11:01:50Z
|
Bogus test taker to be sentenced in college admissions scam
BOSTON (AP) — A former Florida prep school administrator who took college entrance exams for students in exchange for cash to help wealthy parents get their kids into elite universities is facing sentencing.
Judge Nathaniel Gorton is slated to hand down the decision against Mark Riddell in Boston federal court on Friday.
Riddell admitted to secretly taking the ACT and SAT in place of students, or correcting their answers, as part of a nationwide college admissions cheating scheme which has ensnared celebrities, business executives and athletic coaches at sought-after schools such as Stanford and Yale.
Riddell, who had been cooperating with federal authorities in hopes of getting a lesser sentence, pleaded guilty to fraud and money laundering conspiracy charges in April 2019.
U.S. Attorney for Massachusetts Rachael Rollins’ office, in a filing ahead of Friday’s hearing, has asked the judge to sentence Riddell to four months in prison, followed by two years of supervised release and a previously-ordered forfeiture judgment of nearly $240,000.
Riddell’s lawyers, in their own sentencing memo, argued for one to two months in prison. They also note he’s paid nearly $166,000 toward the forfeiture obligation.
The Harvard graduate, who emerged as a key figure in the wide-ranging scandal, has previously said he’s “profoundly sorry” and takes full responsibility for his actions.
Riddell oversaw college entrance exam preparation at IMG Academy, a school in Bradenton, Florida, founded by renowned tennis coach Nick Bollettieri that bills itself as the world’s largest sports academy. Riddell has since been fired.
Authorities say the admissions consultant at the center of the scheme, Rick Singer, bribed test administrators to allow Riddell to pretend to proctor the exams for students so he could cheat on the tests. Singer typically paid Riddell $10,000 per test to rig the scores, prosecutors said.
Riddell made more than $200,000 by cheating on over 25 exams, prosecutors said.
Since March 2019, a parade of wealthy parents have pleaded guilty to paying big bucks to help get their kids into school with rigged test scores or bogus athletic credentials in a case prosecutors dubbed Operation Varsity Blues.
The group — including TV actresses Felicity Huffman and Lori Loughlin and Loughlin’s fashion designer husband, Mossimo Giannulli — have received punishments ranging from probation to nine months behind bars.
A Boston jury is also deliberating Friday on the fate of Jovan Vavic, a decorated former water polo coach at the University of Southern California. He’s the only coach of the many implicated to challenge his role in the scheme in a trial.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.wvva.com/2022/04/08/bogus-test-taker-be-sentenced-college-admissions-scam/
| 2022-04-08T11:01:57Z
|
Carolyn Joann Lyman Carolyn Joann Lyman, 69, gained her angel wings March 30, 2022. Carolyn was born on February 1, 1953, to Howard and Marjorie Slates in Turlock California. Carolyn graduated from Lost River High School in 1971 where she met and started dating Jim Lyman. Carolyn went to Oregon State University in Corvallis, Oregon and enjoyed watching her boyfriend Jim play football at OSU while working at the McDonalds in Corvallis. Jim and Carolyn married June 8th, 1974, and later returned to Tulelake in 1976 to farm. Carolyn and Jim welcomed 3 kids, a daughter Danielle Corine June 8th, 1978, a son James Howard October 30, 1979, and another son Kyle Jason January 11, 1983. Carolyn had a love for watching and playing softball. Carolyn played shortstop for the Basin Bugs during the summer, chanting buzz buzz buzz, buzz basin bugs! After retiring her cleats, Carolyn found a love for watching her kids and grandkids, traveling all over the basin never missing a game. Carolyn was known as "Granny" not only to her grandchildren but to many others. You could always see Granny cheering on her grandkids either playing sports, showing steers at a cattle show, a school program or playing in their hallway. Granny was always her grandkids biggest fan! Carolyn was preceded in death by father Howard and sister Helen. Survivors include her husband Jim Lyman, daughter Danielle and Cory Turner, son Jim and Gretchen Lyman, son Kyle and Kate Lyman, grandchildren, Zack and Avery Turner, James and Codey Lyman, and McKenzie, Ella and Jaxon Lyman, brother Danny Slates and mother Marjorie Slates and numerous family and friends Gravesite service held April 10th at the Malin Cemetery at 1:00pm, reception immediately followed at Kyle and Kate Lyman's shop, 21525 Stateline Rd.
The Herald and News also publishes its obituaries and death notices with Legacy.com, a leading online obituary database that partners with more than 1,500 newspapers.
|
https://www.heraldandnews.com/obituaries/lyman-carolyn-joann/article_588e8647-f727-575b-98e5-cc5a8097e73e.html
| 2022-04-08T11:19:13Z
|
All about Peeps: Art museum home for Peeps-inspired artwork
RACINE, Wis. (WTMJ) - An art exhibit all about Peeps has returned to Wisconsin. And some of the art covers a serious subject.
“You must not think of them as conventional candy. You need to think of them as a method to an end,” said Lisa Englander, handling the exhibit’s guest relations and retail operations.
The 13th annual International Peeps Exhibition is underway, where the Peeps have been painted and glued for certain works of art. However, that doesn’t stop hungry visitors from trying them.
“Now and then, we’ll come in and find that a piece of a Peep is missing, and we know that somebody has either taken it or chomped on it,” Englander said.
Organizers said the art on display must be made out of Peeps or about Peeps. And there were 162 entries to the gallery and competition this year.
Winners get a golden Peep. And while it is a competition, organizers said it’s not really about winning or the prizes. It’s about making art differently.
“I like it because of the happiness that it brings to people,” Englander said.
The gallery also helps usher in spring. Visitors can see Peeps camping, Peep animatronics, and even Peeps on a video chat call.
Plus, this year, there is an entire section about the invasion of Ukraine.
“There are many pieces about freedom and rights. So, people are speaking to all aspects of their life here,” Englander said.
The Peeps exhibit runs through April 23.
Copyright 2022 WTMJ via CNN Newsource. All rights reserved.
|
https://www.whsv.com/2022/04/08/all-about-peeps-art-museum-home-peeps-inspired-artwork/
| 2022-04-08T11:28:06Z
|
Bogus test taker to be sentenced in college admissions scam
BOSTON (AP) — A former Florida prep school administrator who took college entrance exams for students in exchange for cash to help wealthy parents get their kids into elite universities is facing sentencing.
Judge Nathaniel Gorton is slated to hand down the decision against Mark Riddell in Boston federal court on Friday.
Riddell admitted to secretly taking the ACT and SAT in place of students, or correcting their answers, as part of a nationwide college admissions cheating scheme which has ensnared celebrities, business executives and athletic coaches at sought-after schools such as Stanford and Yale.
Riddell, who had been cooperating with federal authorities in hopes of getting a lesser sentence, pleaded guilty to fraud and money laundering conspiracy charges in April 2019.
U.S. Attorney for Massachusetts Rachael Rollins’ office, in a filing ahead of Friday’s hearing, has asked the judge to sentence Riddell to four months in prison, followed by two years of supervised release and a previously-ordered forfeiture judgment of nearly $240,000.
Riddell’s lawyers, in their own sentencing memo, argued for one to two months in prison. They also note he’s paid nearly $166,000 toward the forfeiture obligation.
The Harvard graduate, who emerged as a key figure in the wide-ranging scandal, has previously said he’s “profoundly sorry” and takes full responsibility for his actions.
Riddell oversaw college entrance exam preparation at IMG Academy, a school in Bradenton, Florida, founded by renowned tennis coach Nick Bollettieri that bills itself as the world’s largest sports academy. Riddell has since been fired.
Authorities say the admissions consultant at the center of the scheme, Rick Singer, bribed test administrators to allow Riddell to pretend to proctor the exams for students so he could cheat on the tests. Singer typically paid Riddell $10,000 per test to rig the scores, prosecutors said.
Riddell made more than $200,000 by cheating on over 25 exams, prosecutors said.
Since March 2019, a parade of wealthy parents have pleaded guilty to paying big bucks to help get their kids into school with rigged test scores or bogus athletic credentials in a case prosecutors dubbed Operation Varsity Blues.
The group — including TV actresses Felicity Huffman and Lori Loughlin and Loughlin’s fashion designer husband, Mossimo Giannulli — have received punishments ranging from probation to nine months behind bars.
A Boston jury is also deliberating Friday on the fate of Jovan Vavic, a decorated former water polo coach at the University of Southern California. He’s the only coach of the many implicated to challenge his role in the scheme in a trial.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.whsv.com/2022/04/08/bogus-test-taker-be-sentenced-college-admissions-scam/
| 2022-04-08T11:28:13Z
|
Del. Nick Freitas visits Albemarle County, talks education
ALBEMARLE Co., Va. (WVIR) - A Central Virginia delegate made his way to Albemarle County Thursday night to discuss his legislative priorities as part of an advocacy group’s state tour.
Del. Nick Freitas, a Republican who represents Culpeper in the 30th district, used his opportunity at the microphone to highlight the importance of parental choice in education. He implored everyone to get - and stay - involved.
“When you start to see that cultural shift in a way that people think about a particular idea, the political shift is not that far behind as long as people are willing to stick with it,” Freitas said.
Freitas was part of a pair of panels hosted by the Virginia chapter of Americans for Prosperity.
An evening that started with discussing legislative successes and shortcomings in Richmond evolved into a dialogue about a key issue that helped Gov. Glenn Youngkin win in 2021.
“There is a certain degree of ignorant bigotry directed at this idea that any sort of educational institution, process, or system that is not being controlled by politicians is somehow inferior,” Freitas said. “And it’s absurd.”
Before the panel, NBC29 asked Americans for Prosperity Deputy State Director Jacob Fish why its policy advocacy revolves around the concept of personal choice.
“We believe in bottom-up solutions and empowering those that are closest to the problem to come up with the best ways that are going to meet their individual need,” Fish said.
The event did begin in a less-partisan way when UVA Health Telemedicine Director Dr. Karen Rheuban discussed the importance of affordable virtual health care, efforts which she said Americans for Prosperity supported.
“We have demonstrated huge reductions in hospital re-admissions, huge reductions in emergency room visits, by using simple technologies in the home setting,” Rheuban said.
Copyright 2022 WVIR. All rights reserved.
Do you have a story idea? Send us your news tip here.
|
https://www.whsv.com/2022/04/08/del-nick-freitas-visits-albemarle-county-talks-education/
| 2022-04-08T11:28:20Z
|
Jackson will join more diverse and conservative high court
WASHINGTON (AP) — Judge Ketanji Brown Jackson will join a Supreme Court that is both more diverse than ever and more conservative than it’s been since the 1930s.
She’s likely to be on the losing end of a bunch of important cases, including examinations of the role of race in college admissions and voting rights that the high court, with its 6-3 conservative majority, will take up next term.
Jackson, 51, is the first Black woman confirmed to the Supreme Court following Thursday’s 53-47 vote by the Senate. She won’t join the court for several months, until Justice Stephen Breyer retires once the court wraps up its work for the summer — including its verdict on whether to overturn the landmark Roe v. Wade ruling on abortion rights.
When Jackson takes the bench as a justice for the first time, in October, she will be one of four women and two Black justices — both high court firsts.
And the nine-member court as a whole will be younger than it’s been for nearly 30 years, when Breyer, now 83, came on board.
Among the younger justices are three appointees of former President Donald Trump, and the court’s historic diversity won’t obscure its conservative tilt.
In Breyer’s final term, the conservative justices already have left their mark even before deciding major cases on abortion, guns, religion and climate change. By 5-4 or 6-3 votes, they allowed an unusual Texas law to remain in effect that bans abortions after roughly six weeks; stopped the Biden administration from requiring large employers to have a workforce that is vaccinated against COVID-19 or be masked and tested; and left in place redrawn Alabama congressional districts that a lower court with two Trump appointees found shortchanged Black voters in violation of federal law.
Jackson’s replacement of Breyer, for whom she once worked as a law clerk, won’t alter that Supreme Court math.
“She’s just going to be swimming against the tide every day. That’s a lot to take on,” said Robin Walker Sterling, a Northwestern University law professor.
But Jackson’s presence could make a difference in the perspective she brings and how she expresses herself in her opinions, said Payvand Ahdout, a University of Virginia law professor.
Jackson, who was raised in Miami, may see the high court’s cases about race “from the lens of being a Black woman who grew up in the South. She has an opportunity early on to show how representation matters,” Ahdout said.
During her Senate confirmation hearings, Jackson pledged to sit out the court’s consideration of Harvard’s admissions program, since she is a member of its board of overseers. But the court could split off a second case involving a challenge to the University of North Carolina’s admissions process, which might allow her to weigh in on the issue.
“Historically, the court goes to some length to try to get as much participation as possible. So I wouldn’t be surprised to see the two dealt with separately,” said Ahdout, who was a clerk to the late Justice Ruth Bader Ginsburg the last time the court dealt with race in college admissions, in 2016. Just seven justices took part in that case, because Justice Antonin Scalia died before it was decided and Justice Elena Kagan had been involved as a Justice Department official before joining the court.
For now, Jackson might not have much to do. She remains a judge on the federal appeals court in Washington, but she stepped away from cases there when President Joe Biden nominated her to the Supreme Court in February and will continue to do so, a White House official said.
That could reduce the number of times Jackson has to recuse herself from any of her old cases that later make their way to the Supreme Court.
Breyer said in January that he would retire once his successor had been confirmed, but not before the end of the term. With a bare Senate majority, Democrats didn’t want to risk waiting until the summer for confirmation hearings and a vote.
That leaves Jackson in a situation that is “unprecedented in modern times,” said Marin Levy, a Duke University law professor who studies the federal judiciary.
Most new justices begin work a few days after they are confirmed, Levy said. Justice Brett Kavanaugh was sworn in to the court just a few hours after his tumultuous Senate vote.
Jackson could spend time arranging for her clerks and other staff for the Supreme Court, and closing down her current office.
But she won’t have to find new housing or upend the lives of her husband and children. Her new workplace is less than a mile from the court of appeals.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.whsv.com/2022/04/08/jackson-will-join-more-diverse-conservative-high-court/
| 2022-04-08T11:28:26Z
|
Kingsway Prison and Family Outreach looking to raise money for ministry work
HARRISONBURG, Va. (WHSV) - Kingsway Prison and Family Outreach ministry has been providing help to inmates and people coming out of prison since 1983. Now the organization is asking for the public’s help to raise money so it can continue its services and expand the ways it can help people turn their lives around.
“We’re always looking for people who want to go in [to prisons] and help with church services. If they’re not real local, we can get them in another prison and expand, So it’s hard to say what all we could do if we had the support in the funds,” said Louise Jennings, the director of Kingsway.
Jennings, 86, has run Kingsway for over 40 years and has helped countless people in that time.
“People ask me what my hobby is and I always tell them ‘people’ I just enjoy working with people and want to see them succeed,” she said.
Jenning has spent decades helping people in or just coming out of prison turn their lives around. She said she can relate to them and wants to help them realize they can change for the better.
“I myself was an alcoholic and a drug addict. In 1975, I accepted Jesus and decided from that time on that I wanted to do what he wanted me to do. ‘75 was the beginning of the rest of my life,” she said.
One thing the organization is hoping to do in the future once it raises more money is to hire its first-ever paid director or administrator to keep the program running for years.
“We have never had paid staff. I’ve been doing this for 40 years and I don’t receive a salary,” said Jennings. “At my age now we can’t really depend on me to take it much further and I just want to see it continue once I’m gone.”
Heather Hensley first learned about Kingsway when she was an inmate at Rockingham County Regional Jail nine years ago.
“I’m sitting in the pod and I get called out and there was this little woman and her name was Louise. We were in a very small room and she was just sitting there smiling and I was very clueless as to why we were visiting,” said Hensley.
“She said, ‘Well I’m here to pray for you,’ and I thought that was extremely special and very on time because at that point I needed a loving face and a pair of hands that held mine.”
Hensley said Kingsway also helped her and her children out when she was going through a tough time around a year and a half ago when her husband was incarcerated. She asks anyone who can donate to Kingsway because it is a truly good cause.
“Whether you are an ex-offender, an offender, the wife or husband of an offender, they’re here with no judgment. They tell you you are forgiven and show you that you still matter, you’re not a defect. It’s very beautiful their ministry, they don’t ask for anything in return,” said Hensley.
Hensley said Loiuse is an angel walking on earth and that she helped her turn her life around.
“She started a very beautiful spiritual journey for me. She is someone that doesn’t leave, she is someone who does not judge. She has a very open heart and an open mind. She is very understanding and loving in the times that it’s needed the most,” she said.
Kingsway offers a number of different ministries to those in prison and provides help in many ways to those who have just gotten out of prison. Louise Jennings said anyone who volunteers will not be disappointed in the difference they are able to make.
“Just showing love and knowing that somebody cares for them. It’s hard to describe until you meet one of them and actually find out where they’re coming from,” said Jennings.
Kingsway is hoping to raise $11,000 for its ministry as part of the Great Community Give. You can donate and learn more about its ministry here.
Copyright 2022 WHSV. All rights reserved.
|
https://www.whsv.com/2022/04/08/kingsway-prison-family-outreach-looking-raise-money-ministry-work/
| 2022-04-08T11:28:33Z
|
NATO eyes in the sky, keeping Europe out of Russia’s war
UEDEM, Germany (AP) — As Russia’s military buildup near Ukraine accelerated early this year, military planners at NATO began preparing to dispatch scores of fighter jets and surveillance aircraft into the skies near Russia and Ukraine. It was a warning to Moscow not to make the mistake of targeting any member country.
Even in the weeks preceding the war, politicians and analysts were divided over whether President Vladimir Putin would really order Russian troops to invade. From a military point of view, though, the forces arrayed around Ukraine appeared designed to do just that.
It became a matter of urgency to put more eyes in the sky and to tightly link NATO aircraft, warships, ground-based missile systems and radar installations to protect the alliance’s eastern flank.
“We are monitoring very closely,” NATO Secretary-General Jens Stoltenberg said this week. “Information, best possible situation awareness, is of course extremely critical in such a dangerous situation as we see in Ukraine now.”
In the lead-up to the Feb. 24 invasion, the alliance’s Combined Air Operations Center in Uedem, western Germany, shifted gear. A few dozen military personnel now simultaneously manage up to 30 aircraft in skies from the northern tip of Norway down to Slovakia.
From an underground bunker in quiet farmland, patrolling aircraft are diverted to monitor suspicious Russian planes. Jets on 15-minute standby are routinely “Alpha Scrambled” from around Europe to intercept unidentified aircraft near NATO airspace.
More than 100 aircraft can be working aloft on any given day, mixed in among roughly 30,000 civilian flights made daily through European skies.
Six Boeing E-3A surveillance planes from NATO’s ageing fleet of early warning and control aircraft help create an “air picture” to share with member nations. These “eyes in the sky” do not fly into Ukraine or Russia, but can see up to 400 kilometers (250 miles) across borders.
Fighter jets also provide information about what is going on inside part of two countries at war. These “assets” are sometimes sent from as far away as western France, refueled mid-air, and can patrol for about an hour in the border area before they must return.
The 30-nation military alliance is wary of being drawn into a wider war with Russia, so borders and airspace are scrupulously respected.
“There is always the fog of war, and we don’t want to have NATO assets close by because even unintentionally you might have some losses,” said Major General Harold Van Pee, commander of the NATO facility in Uedem.
The most sensitive zones for unidentified planes are the Kola Peninsula — at the high north borders of Russia and Norway — the Gulf of Finland approaching the Russian city of St. Petersburg, and the skies around Russia’s exclave of Kaliningrad, sandwiched between Lithuania and Poland.
From their computer screens, NATO personnel can also track cruise missiles, like those that Russia used last month to pound a military training base in western Ukraine near NATO member Poland, killing 35 people.
But shadowing them with aircraft is a high-risk endeavor, particularly at night, in poor weather or when the missiles hug the ground, flying so low that electrical pylons and cables become a danger. “We have to be convinced that there is a credible threat” to go after one, Van Pee said.
A less obvious challenge to NATO airspace is rogue drones. Military officers said that Russia is using powerful electromagnetic devices for communication jamming purposes which can disrupt remotely controlled flights.
Last month, a military drone drifted uncontrolled out of Ukraine through the airspace of three members – Romania, Hungary and Croatia – before crashing in the Croatian capital. Some parked cars were damaged but no one was hurt.
The drone weighed just over 6 tons. Both Russia and Ukraine denied launching it. Military officers and NATO officials refuse to comment on the incident until an investigation is completed.
“Even if you fly alongside one of those drones, are you going to do something about it? You have to ask yourself, because if you shoot it down then for sure you’re going to do damage on the ground. If you let it fly, hopefully it will crash in the sea. I mean, you don’t know,” Van Pee said.
Whether it’s a rogue drone or a missile threat, political and legal experts are supposed to be involved in any decision to shoot something down. Despite the war in its backyard, NATO is operating under strict peacetime rules and is determined to keep it that way.
“Before you start using force there has to be an imminent threat to either NATO forces or NATO populations. That’s a judgement call, and that’s always hard to make,” Van Pee said.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.whsv.com/2022/04/08/nato-eyes-sky-keeping-europe-out-russias-war/
| 2022-04-08T11:28:39Z
|
Quieter end to the week
Only a few lingering showers hanging around
FRIDAY: Plenty of sunshine to start the day and chilly with temperatures rising into the 40s. Patchy fog can lead to areas of reduced visibility. Increasing clouds as we go through the day with a spotty shower possible in the morning and early afternoon. A few scattered showers arriving for the afternoon along with a weak cold front. Pleasant with highs in the mid to upper 50s. Turning breezy for the afternoon.
Cloudy with a few scattered showers for the evening and pleasant with temperatures in the 50s. Any showers wrapping up by midnight as clouds decrease during the overnight. Cold with overnight lows in the low to mid 30s. Staying breezy across our West Virginia locations. The Allegheny Mountains will see snow showers throughout the night.
SATURDAY: Plenty of sunshine with a few passing clouds to start the day and chilly with temperatures rising into the 40s. Adding more clouds into the afternoon along with a breeze. A few spotty showers cannot be ruled out for the day. Pleasant with highs in the upper 40s to low 50s. Snow showers continuing for the Allegheny Mountains.
Cloudy for the evening and turning chilly with temperatures falling into the 40s. Clouds will decrease through the evening and overnight as temperatures turn cold. Overnight lows in the upper 20s to low 30s. Staying breezy across our West Virginia locations with snow showers continuing for the Alleghenies.
SUNDAY: Plenty of sunshine with a few passing clouds to start the day and cold with temperatures in the 30s. Adding some more clouds for the afternoon and turning pleasant with highs in the upper 40s to low 50s. Breezy during the entire day with a few flurries for our West Virginia locations. Winds a little stronger across West Virginia with wind gusts ranging in the 20-30 mph range during the day. Snow showers wrapping up around noon across the Allegheny Mountains. A coating to 2 inches of snow for the Allegheny Mountains when all said and done. Some clouds around for the evening and overnight and turning cold with lows in the upper 20s to low 30s.
MONDAY: Plenty of clouds to start the day and chilly with tempearatures rising into the 40s. Some clouds into the afternoon and turning mild. Highs in the mid to upper 60s. A spotty shower cannot be ruled out across our West Virginia locations. Clouds sticking around overnight and turning chilly with lows in the mid to upper 40s.
TUESDAY: A mix of sun and clouds to start the day and mild with temperatures quickly rising into the 60s. A balance of sun and clouds for the afternoon and turning warm with highs in the low to mid 70s! A beautiful spring day. Clouds around for the evening and overnight and pleasant with overnight lows in the upper 40s to low 50s.
WEDNESDAY: A balance of sun and clouds to start the day and mild with temperatures rising into the 60s. Adding more clouds for the afternoon and warm with highs in the low to mid 70s! Another beautiful spring day. Plenty of clouds around for the evening and overnight with lows in the low to mid 50s.
As always, you can get the latest updates by downloading and checking the WHSV Weather App.
**A reminder that spring wildfire season is underway for both Virginia and West Virginia. No outdoor burning before 4pm in Virginia until April 30th. No outdoor burning in West Virginia before 5pm through May 31.**
Copyright 2021 WHSV. All rights reserved.
|
https://www.whsv.com/2022/04/08/quieter-end-week/
| 2022-04-08T11:28:47Z
|
Ukrainian leaders predict more gruesome discoveries ahead
CHERNIHIV, Ukraine (AP) — Ukrainian leaders predicted more gruesome discoveries would be made in reclaimed cities and towns after retreating Russian forces left behind crushed buildings, streets strewn with destroyed cars and mounting civilian casualties that drew condemnation across the globe.
President Volodymyr Zelenskyy said the horrors of Bucha, a town north of Kyiv where bodies of people killed at close range were found on streets and in basements, already had surfaced in a worse way in Borodianka, another settlement outside the capital.
“And what will happen when the world learns the whole truth about what the Russian troops did in Mariupol?” Zelenskyy said late Thursday, referring to the besieged southern port that has seen some of the greatest suffering since Russia invaded Ukraine. “There on every street is what the world saw in Bucha and other towns in the Kyiv region after the departure of the Russian troops. The same cruelty. The same terrible crimes.”
GRAPHIC: Some images used in videos may seem graphic for certain audiences.
After failing to take Kyiv, Russia shifted its focus to the Donbas, a mostly Russian-speaking, industrial region in eastern Ukraine where Moscow-backed rebels have been fighting Ukrainian forces for eight years. Ukrainian officials warned residents this week to leave as soon as possible.
In a sign of the intense fighting expected to come, Ukrainian authorities said a rocket strike Friday killed more than 30 people and wounded over 100 at a train station in Kramatorsk, a city in the eastern Donetsk region, that was being used to evacuate civilians.
Regional governor Pavlo Kyrylenko said thousands of people were at the train station at the time of the strike, preparing to head to safer regions.
A Kremlin spokesman acknowledged that Russia has suffered major troop casualities during its six-week military operation in Ukraine.
“Yes, we have significant losses of troops and it is a huge tragedy for us,” Kremlin spokesman Dmitry Peskov told Sky News.
Peskov also hinted the fighting might be over “in the foreseeable future,” telling Sky that Russian troops were “doing their best to bring an end to that operation.”
Spurred by reports that Russian forces committed atrocities in areas surrounding the capital, NATO nations agreed to increase their supply of arms after Ukraine’s foreign minister pleaded for weapons from the alliance and other sympathetic countries to help face down an expected offensive in the east.
Bucha Mayor Anatoliy Fedoruk said investigators found at least three sites of mass shootings of civilians during the Russian occupation. Most victims died from gunshots, not from shelling, he said, and some corpses with their hands tied were “dumped like firewood” into mass graves, including one at a children’s camp.
Fedoruk said 320 civilians were confirmed dead as of Wednesday, but he expected more as bodies are found in the city that was home to 50,000 people. Only 3,700 remain, he said.
In his nightly address, Zelenskyy said Bucha’s horrors may be only the beginning. In the northern city of Borodianka, just 30 kilometers (20 miles) northwest of Bucha, he warned of even more casualties, saying “there it is much more horrible.”
Ukrainian and several Western leaders have blamed the massacres on Moscow’s troops. The weekly magazine Der Spiegel reported Germany’s foreign intelligence agency intercepted radio messages among Russian soldiers discussing killings of civilians. Russia has falsely claimed that the scenes in Bucha were staged.
On Thursday, a day after Russian forces began shelling their village in the southern Mykolaiv region, Sergei Dubovienko, 52, drove north in his small blue Lada with his wife and mother-in-law to Bashtanka, where they sought shelter in a church.
“They started destroying the houses and everything” in Pavlo-Marianovka, he said. “Then the tanks appeared from the forest. We thought that in the morning there would be shelling again, so I decided to leave.”
Hundreds of people have fled villages in the Mykolaiv and Kherson regions that are either under attack or occupied by Russian forces.
Marina Morozova and her husband fled from Kherson, the first major city to fall to the Russians.
“They are waiting for a big battle. We saw shells that did not explode. It was horrifying,” she said.
Morozova, 69, said only Russian television and radio was available. The Russians handed out humanitarian aid, she said, and filmed the distribution.
Anxious to keep moving away from Russian troops, the couple and others boarded a van that would take them west. Some will try to leave the country, while others will remain in quieter parts of Ukraine.
The United Nations estimates the war has displaced at least 6.5 million people within the country.
The U.N. refugee agency, UNHCR, said that more than 4.3 million, half of them children, have left Ukraine since Russia launched its invasion on Feb. 24 and sparked Europe’s largest refugee crisis since World War II.
The International Organization for Migration estimates more than 12 million people are stranded in areas of Ukraine under attack.
The United Nations’ humanitarian chief told The Associated Press on Thursday that he’s “not optimistic” about securing a cease-fire after meeting with officials in Kyiv and in Moscow this week, given the lack of trust between the sides. He spoke hours after Russian Foreign Minister Sergey Lavrov accused Ukraine of backtracking on proposals it had made over Crimea and Ukraine’s military status.
Two top European Union officials and the prime minister of Slovakia traveled to Kyiv on Friday, looking to shore up the EU’s support for Ukraine. Prime Minister Eduard Heger said he, EU Commission President Ursula von der Leyen and EU foreign policy chief Josep Borrell have trade and humanitarian aid proposals for Zelenskyy and his government.
Part of that, Heger says is “to offer options for transporting grains, including wheat.” Ukraine is a major world wheat supplier and Russia’s war on Ukraine is creating shortages, notably in the Middle East.
Western nations have stepped up sanctions, and the Group of Seven major world powers warned that they will keep adding measures until Russian troops leave Ukraine.
The U.S. Congress voted Thursday to suspend normal trade relations with Russia and ban the importation of its oil, while the EU approved other new steps, including an embargo on coal imports. The U.N. General Assembly, meanwhile, voted to suspend Russia from the world organization’s leading human rights body.
U.S. President Joe Biden said the U.N. vote demonstrated how “Putin’s war has made Russia an international pariah.” He called the images coming from Bucha “horrifying.”
“The signs of people being raped, tortured, executed — in some cases having their bodies desecrated — are an outrage to our common humanity,” Biden said.
___
___
Schreck reported from Kyiv, Ukraine. Associated Press journalists around the world contributed to this report.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.whsv.com/2022/04/08/ukrainian-leaders-predict-more-gruesome-discoveries-ahead/
| 2022-04-08T11:28:54Z
|
WASHINGTON, April 7, 2022 /PRNewswire/ -- The Black Women's Leadership Collective, a coalition of 12 national Black women's organizations, networks and leaders, issued the following statement on the bipartisan Senate confirmation of Judge Ketanji Brown Jackson as an Associate Justice of the U.S. Supreme Court:
"Today America took a glorious leap forward on the road to becoming a more just nation with the historic confirmation of Judge Ketanji Brown Jackson to the U.S. Supreme Court. Judge Jackson is unquestionably one of the most qualified people ever nominated to serve on the Supreme Court in all of American history. All Americans will benefit by her presence on our nation's highest court and her strong commitment to the Constitution and the rule of law.
"Our joy and pride as Black women has deepened throughout this process as Judge Jackson displayed her character, integrity, deep knowledge, and respect for the Constitution. The American people recognize her talents as well. Polling shows strong public support for her nomination, exceeding support for the three justices nominated by former President Trump. Indeed her nomination has unified our country and the more Americans learned about her the more support for her has grown. In addition, the endorsement Judge Jackson received from the Fraternal Order of Police and the International Association of Chiefs of Police proved beyond question that she is a strong supporter of law enforcement and public safety. She received the highest possible rating from the American Bar Association and the endorsement of many other groups as well, including key faith leaders and judges appointed by Republican presidents.
President Biden and Vice President Harris wisely recognized Judge Jackson's enormous talents by nominating her, and recognized the grave injustice of never opening the doors of our nation's highest court to a highly qualified Black woman. Just as Vice President Harris broke a barrier, Judge Jackson has shattered another glass ceiling, showing Black girls that there should be no limit to their hopes and dreams and affirming that we are all created equal.
Even before President Biden announced his pick to replace retiring Justice Stephen Breyer, members of the BWLC began mobilizing to support the eventual nominee Representing over 10 million Black women across the nation, members of the BWLC worked to support Judge Jackson's nomination by lifting up her outstanding qualifications, inspirational life story and shape the national conversation with Black women front and center. Throughout the nomination members of the BWLC have held in-person and virtual events, social media activations, organized call-ins to Congress, Instagram Live events, as well as television, print and digital advertising, to support Judge Jackson's nomination to the U.S. Supreme Court.
We congratulate incoming Justice Ketanji Brown Jackson on her confirmation and thank her for her dedication and love of country that motivated her to serve the American people on the Supreme Court.
About The Black Women's Leadership Collective
The Black Women's Leadership Collective is a leadership and organizing hub for Black women's organizations, advocates, and supporters, utilizing the power of our collective efforts to support the nomination of the first Black woman to the Supreme Court. We are a collective of intergenerational, intersectional Black women leaders throughout the nation. Within our collective are organizational leaders, business leaders, political strategists, student leaders, faith leaders, tech leaders, labor leaders, pioneers in sports, music and entertainment, movement leaders and more.
To learn more about the Black Women's Leadership Collective please visit www.Blackwomensleadershipcollective.org.
Contact: press@blackwomensleadershipcollective.org
SOURCE The Black Women's Leadership Collective
|
https://www.whsv.com/prnewswire/2022/04/07/prominent-national-black-women-leaders-congatulate-judge-ketanji-brown-jackson-her-historic-confirmation-us-supreme-court/
| 2022-04-08T11:29:00Z
|
TAIPEI, April 8, 2022 /PRNewswire/ -- The 2022 Taipei AMPA and AutoTronics Taipei will take place at the Taipei Nangang Exhibition Center Hall 1 from April 20-23, and will feature 560 automotive industry corporations with 1,300 exhibition booths. Additionally, with the digital transformation taking place in the world nowadays, the new virtual show concept AMPA DigitalGo will also feature 190 exhibitors online from April 11-24, presenting the automotive industry in a new and unique format.
Hybrid Platform to Showcase Products – 3D Images, Online Catalogues, Videos… and More.
In the current trend, an online-offline hybrid show has become the normal, and as a result, Taipei AMPA created the newest AMPA DigitalGo digital show concept. This new concept provides exhibitors a platform to showcase online catalogues, promotional videos, 3D product images, and other methods to display company and product information to the buyers. Built-in chat functions with translation service, and virtual business card exchanging also offer opportunities for exhibitors and visitors to interact with each other without borders, language barriers, and time zones, enhancing the experience for everyone on the AMPA DigitalGo platform. Visitors can browse AMPA DigitalGo from April 20 to 24 on www.ampaonline.com.tw/en/
One of the Largest Automotive Trade Shows in Asia.
Even though the digital concept creates a new way to do business, the physical exhibition is also the attraction of Taipei AMPA, which will continue to take place this year. As one of the largest automotive trade shows in Asia, Taipei AMPA has been the epitome of the industry, attract large groups of buyers and showcasing the latest products and services. With the usual parts and accessories, there will be many electric vehicles and green energy exhibits this year, promoting the biggest Environmental, Social, Governance (ESG) issues surrounding the world today.
In addition, forums, new product unboxing episodes, a live tour, and other events will gather even more experts to Taipei AMPA and present the industry from a different perspective that will showcase Taiwan's superior automotive industry.
11 Exhibit Areas in Taipei AMPA – All You Need Is Here.
- Parts & Components
- Automotive Lighting
- Customizing & Accessories
- Diagnostics & Maintenance
- Car care
- EV & Peripherals
- Intelligent Transportation System & Solution
- Motorcycle Parts & Accessories
- Motorcyclists' Accessories
- Automobile Electronic Products
- Automobile Electronic Components & Parts
REGISTER NOW
- Pre-Registration Link:
https://www.taipeiampa.com.tw/en/news/1666FAA5857B0753/list-info.html - Taipei AMPA 2022 will take place on April 20 to 23 physically at Taipei Nangang Exhibition Hall 1, and the online show will begin from April 11 to 24 on www.ampaonline.com.tw/en/
About Taipei AMPA
Began in 1984, Taipei AMPA has become Asia's 2nd largest automotive trade show, and also the only show in Asia that connects automobile and motorcycle industry in one place.
AMPA presents the trends of C.A.S.E with the latest IoV, EV, 5G applications and solution, such as vehicle control units (VCU), battery management systems (BMS), motor control units (MCU), advanced driver assistance systems (ADAS) and in-vehicle infotainment systems, that keeps you ahead of the curve in 2022.
Where you can also meet the strongest industries in Taiwan - automotive lighting, automobile electronic and auto parts aftermarket (AM) all at the show ground.
AMPA is the pioneering automotive hybrid trade fair in ASIA, which brings a satisfying purchase experience with no boundary, no time difference, ONSITE and ONLINE.
- Following AMPA official website and social media for more updated
Official website: www.taipeiampa.com.tw/en/
Facebook: www.facebook.com/TaipeiAMPA
AMPA TV: https://www.youtube.com/channel/UCAATasbI8TiR6mptGQOvlPg
EV and E-mobility Future Trends Roundtable: https://youtu.be/-EveGlgCzCQ
Intelligent Connected Vehicles Roundtable: https://youtu.be/okc4Uyo6CNU
View original content to download multimedia:
SOURCE Taiwan External Trade Development Council (TAITRA)
|
https://www.whsv.com/prnewswire/2022/04/08/2022-taipei-ampa-hybrid-show-provides-new-way-attend-aftermarket-automotive-electronics-trade-show/
| 2022-04-08T11:29:07Z
|
Acer has decided to suspend its business in Russia due to recent developments
TAIPEI, April 8, 2022 /PRNewswire/ -- Acer Inc. (2353.TW) announced today its consolidated revenues for March at NT$30.31 billion, up 9.2% year-on-year (YoY) and 32.3% month-over-month. Preliminary consolidated revenues for the first quarter of 2022 reached NT$78.37 billion, up 9.5% YoY, and marking the highest quarter of the same period in nine years. Acer's public subsidiaries have all announced their March revenues, and their first quarter revenues have risen by 37.1% YoY in total.
Business highlights for the first quarter include:
- Gaming business [1] revenues grew 25.9% YoY
- Commercial business [2] revenues grew 36.9% YoY
- Desktop business revenues grew 30.3% YoY
- Acer Gaming Inc. revenues grew 37.2% YoY
- MPS Energy Inc. revenues grew 172.3% YoY
- Acer ITS Inc. revenues grew 133.9% YoY
- Altos Computing Inc. revenues grew 391.2% YoY
Acer's strategy to build multiple business engines continues its momentum. The first quarter revenues of businesses other than PCs and displays grew 32.1% YoY, faster than the overall corporate growth.
Acer strictly adheres to applicable international trade laws and regulations, and is closely monitoring the conflict between Russia and Ukraine. Due to recent developments, Acer has decided to suspend its business in Russia. The company is focusing on the safety of all its employees, which includes ongoing efforts to help every individual and their families impacted by the current situation. Acer hopes that peace will be restored as soon as possible.
Acer's thoughts are with the affected people, and is working with several international agencies and NGOs on humanitarian support.
About Acer
Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,500 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.
© 2022 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.
View original content to download multimedia:
SOURCE Acer
|
https://www.whsv.com/prnewswire/2022/04/08/acer-reports-q1-2022-preliminary-consolidated-revenues-nt7837-billion-highest-9-years/
| 2022-04-08T11:29:13Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Acutus Medical, Inc. (NASDAQ: AFIB).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/acutus-medical-inc-loss-submission-form/?id=25675&from=4
This lawsuit is on behalf of all purchasers of Acutus common stock between May 13, 2021 and November 11, 2021, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 18, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Acutus Medical, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (a) a material percentage of the Company's AcQMap imaging and mapping systems under evaluation had been randomly installed at sites with little, if any, consideration given to whether the healthcare providers at the selected locations were likely to adopt, or desire, the Company's products; (b) a material percentage of the AcQMap systems under evaluation had been installed in locations where the Company did not possess the infrastructure necessary to appropriately educate, train, and support medical service providers on the system's operations; (c) as a result of (a) and (b) above, defendants were in the process of designing a strategic plan to terminate and relocate approximately 20% of then-existing AcQMap systems evaluation arrangements; (d) the Company's management discussion and analysis was materially false and misleading and failed to disclose that the termination and relocation of approximately 20% of existing AcQMap systems evaluation arrangements was reasonably likely to have a material adverse effect on the Company's 2021 financial results; and (e) the Company's risk factor discussions were materially false and misleading and made reference to potential risks without disclosing that such risks were then-existing or adequately describing the specific nature of the risks then facing the Company.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/afib-shareholder-alert-jakubowitz-law-reminds-acutus-shareholders-lead-plaintiff-deadline-april-18-2022/
| 2022-04-08T11:29:19Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Affirm Holdings, Inc. (NASDAQ: AFRM).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/affirm-holdings-inc-loss-submission-form/?id=25683&from=4
This lawsuit is on behalf of all investors who purchased or otherwise acquired Affirm Holdings, Inc. securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 29, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
(i) Affirm's "buy now, pay-later" service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (ii) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; (iii) Affirm maintained inadequate disclosure controls and procedures and internal control over financial reporting; (iv) accordingly, Affirm's tweet for its second quarter 2022 financial results contained selected metrics that made it appear that the Company had performed better than it actually did; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/afrm-shareholder-alert-jakubowitz-law-reminds-affirm-shareholders-lead-plaintiff-deadline-april-29-2022/
| 2022-04-08T11:29:26Z
|
TOKYO, April 8, 2022 /PRNewswire/ -- AGC Inc. (hereinafter "AGC"), a Tokyo-based world-leading manufacturer of glass, chemicals, high-tech materials, has decided to expand the facilities of AGC Pharma Chemicals Europe S.L.U. (hereinafter "APCE"), an AGC subsidiary in Spain engaged in the synthetic pharmaceutical (*1) CDMO (*2) business. A new building with a total floor area of 7,500 m2 will be constructed on the company's site, increasing the current production capacity by 30%. The new facility is scheduled to start operation in the first half of 2024, with an estimated total investment of approximately 100 million US dollars.
Logo: https://kyodonewsprwire.jp/img/202204069676-O4-4c6L4e5q
Photo: Site scheduled for expansion (yellow-boxed area)
https://kyodonewsprwire.jp/img/202204069676-O2-1q1wYYTZ
Reference:
AGC Group's CDMO business locations
https://kyodonewsprwire.jp/prwfile/release/M000303/202204069676/_prw_PI3fl_7TTl7l2b.jpg
Based on its long history and extensive track record, APCE has incorporated AGC's long-accumulated chemical synthesis technologies, including knowledge of handling fluorine, and the company's number of contracts is growing faster than the synthetic pharmaceutical CDMO market, which is growing over 7% or more annually. To meet this strong demand, AGC has decided to further expand the capacity of this site, in addition to the 30% facility expansion (https://www.agc.com/en/news/detail/1200616_2814.html ) announced in April 2020.
This expansion will include the introduction of facilities for highly potent active pharmaceutical ingredients (HPAPI) (*3), such as cancer therapy drugs, for which demand has been increasing in recent years. Furthermore, AGC will consider additional capacity expansion in the near future since the newly constructed building has additional room for further expansion.
Under its medium-term management plan "AGC plus-2023," the AGC Group has positioned its life science business, including its synthetic agrochemical/pharmaceutical and biopharmaceutical CDMO services, as one of its strategic businesses. The Group aims to expand its sales of the life science business from 44.9 billion yen in 2018 to 135 billion yen in 2022 and 200 billion yen or more in 2025. This investment follows AGC Wakasa Chemical's facility expansion in November 2021 (https://www.agc.com/en/news/detail/1202588_2814.html ), and the company will continue to make aggressive acquisitions and capital investments in both its synthetic agrochemical/pharmaceutical and biopharmaceutical CDMO business. The AGC Group will work to provide its customers in each region with globally unified high-quality services, contributing to the well-being of patients and the wider society as a whole.
Notes
(*1) Synthetic pharmaceuticals: Pharmaceuticals manufactured through chemical synthesis, small-molecule pharmaceuticals.
(*2) CDMO: Contract Development & Manufacturing Organization. A company which is contracted on behalf of another company to provide product manufacturing services as well as the development of manufacturing processes.
(*3) Can handle up to OEB4 (1-10 microgram/m3)
View original content:
SOURCE AGC Inc.
|
https://www.whsv.com/prnewswire/2022/04/08/agc-expand-synthetic-pharmaceutical-production-base-spain/
| 2022-04-08T11:29:33Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of C3.ai, Inc. (NYSE: AI).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/c3-ai-inc-loss-submission-form/?id=25685&from=4
This lawsuit is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) C3.ai Class A common stock pursuant and/or traceable to the documents issued in connection with the Company's initial public offering conducted on or about December 9, 2020; and/or (b) C3.ai securities between December 9, 2020 and February 15, 2022, both dates inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 3, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, C3.ai, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) C3.ai's partnership with Baker Hughes was deteriorating; (ii) C3.ai was employing a flawed accounting methodology to conceal the deterioration of its Baker Hughes partnership; (iii) C3.ai faced challenges in product adoption and significant salesforce turnover; (iv) the Company overstated, inter alia, the extent of its investment in technology, description of its customers, its total addressable market, the pace of its market growth, and the scale of alliances with its major business partners; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 1003
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/ai-shareholder-alert-jakubowitz-law-reminds-c3ai-inc-shareholders-lead-plaintiff-deadline-may-3-2022/
| 2022-04-08T11:29:39Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Akebia Therapeutics, Inc. (NASDAQ: AKBA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/akebia-therapeutics-inc-loss-submission-form/?id=25688&from=4
The lawsuit seeks to recover losses for shareholders who purchased Akebia between June 28, 2018 and September 2, 2020.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 13, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Akebia Therapeutics, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company's lead investigational product candidate, vadadustat, was not as safe in treating non-dialysis dependent chronic kidney disease patients with anemia as defendants had represented; (ii) as a result, defendants overstated the clinical prospects of a Phase 3 clinical program for vadadustat; (iii) accordingly, defendants also overstated vadadustat's overall commercial and regulatory prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/akba-shareholder-alert-jakubowitz-law-reminds-akebia-shareholders-lead-plaintiff-deadline-may-13-2022/
| 2022-04-08T11:29:46Z
|
LUND, Sweden, April 8, 2022 /PRNewswire/ -- To join the telephone conference – hosted by Alfa Laval's President and CEO Tom Erixon and CFO Jan Allde – sign up in advance via the link below. Once registered, you will receive a phone number, a participant pin, and a conference pin. Please dial in 10 minutes prior to the scheduled start of the event.
You can also follow the conference via a live webcast. A webcast link will be available on
Contacts:
Johan Lundin
Head of Investor Relations
Phone: +46 46 36 65 10
Mobile: +46 730 46 30 90
Beata Ardhe
Phone: +46 46 36 65 26
Mobile: +46 709 36 65 26
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE Alfa Laval
|
https://www.whsv.com/prnewswire/2022/04/08/alfa-laval-will-release-first-quarter-earnings-april-26th-1300-pm-cet-telephone-conference-will-start-1400-pm-cet/
| 2022-04-08T11:29:55Z
|
BARCELONA, Spain, April 8, 2022 /PRNewswire/ -- The major trade show platform for the food, drinks and hospitality equipment industry closes a celebration marked by optimism and business that has once again brought the entire sector together and has contributed to its reactivation at a key moment for its growth. Alimentaria&Hostelco has been characterized by a high degree of internationalization and by the presentation of innovations and new trends that point towards the development of more sustainable and healthy products.
More than 3,000 exhibiting companies from 52 countries participated in the call which concludes today to encourage business, internationalization and the reactivation of strategic sectors for the Spanish economy. Nearly 100,000 visitors, 23% of them international, from 149 countries, as well as an estimated economic impact of 180 million euros, reflect the strength of this edition which has occupied 85,000 m2 of net exhibition area, practically all of the Fira de Barcelona Gran Vía venue.
In this way, Alimentaria&Hostelco has once again consolidated its position as a strategic global event for the internationalization of its participating companies. Of the more than 3,000 exhibiting firms, 400 have been international, from 52 countries. Brazil, Slovakia, Australia, Canada, United Arab Emirates and Puerto Rico have participated in the event for the first time.
The trade show platform has revalidated its leadership by enhancing the complementarity of its represented sectors and offering a great business platform for its professionals. Among the attendees were 1,400 major buyers invited from strategic markets for the export of food and catering equipment, such as the European Union, the USA and Latin America, who have participated in some 13,000 meetings with companies.
Sustainable and healthy food innovation, gastronomy, management linked to sustainability, healthy products and the rise of vegetable protein, as well as the latest trends in the hotel industry, have been the stars of the program of activities at both shows, in which more than 300 innovations have been presented, 30 leading chefs with 36 Michelin stars have participated and it has been possible to visit the recreation of a hotel with the latest technologies.
The next edition of the trade show platform organized by Fira de Barcelona will be held in March 2024 at the Gran Via venue.
Photo - https://mma.prnewswire.com/media/1783223/Fira_de_Barcelona.jpg
Logo - https://mma.prnewswire.com/media/659718/Fira_Barcelona_Logo.jpg
View original content to download multimedia:
SOURCE Fira de Barcelona
|
https://www.whsv.com/prnewswire/2022/04/08/alimentaria-hostelco-mark-turning-point-sectors-recovery/
| 2022-04-08T11:30:02Z
|
CHICAGO, April 7, 2022 /PRNewswire/ -- On behalf of those impacted by Alzheimer's disease, the Alzheimer's Association is deeply disappointed that the Centers for Medicare & Medicaid Services (CMS) has essentially ignored the needs of people living with Alzheimer's disease. Today's decision by CMS to tightly restrict coverage of Food and Drug Administration (FDA) approved Alzheimer's treatments in this class under the Accelerated Approval Pathway is wrong.
"CMS has created unnecessary barriers for individuals with Alzheimer's disease. Patients with Alzheimer's, a fatal disease, should have FDA-approved treatments covered by Medicare just as those facing other diseases do," said Harry Johns, Alzheimer's Association chief executive officer.
Notably, CMS has said in its decision the only way for patients to access the first approved FDA treatment targeting amyloid in those living with Alzheimer's is to enroll in a clinical trial. While we note CMS has expanded where those clinical trials may take place, in reality this remains an unnecessary and never before imposed barrier to access an FDA-approved treatment.
"People living with MCI, Alzheimer's disease and other dementia deserve the same access to therapies given to those living with other conditions like cancer, heart disease and HIV/AIDS. They deserve the opportunity to assess if a FDA-approved treatment is right for them," said Joanne Pike, Dr.P.H., Alzheimer's Association president. "Drugs that treat people in the early stages of Alzheimer's could mean more time for individuals to actively participate in daily life, have sustained independence and hold on to memories longer."
The Alzheimer's Association does note some of the recommendations provided by people living with Alzheimer's and by the Alzheimer's Association have been incorporated. Importantly, CMS has decided to utilize a registry for future treatments granted full FDA approval. The Alzheimer's Association registry will play an important role in collecting and analyzing real-world data. This registry will monitor and report clinical and safety endpoints for patients treated with FDA-approved AD therapies, including accompanying diagnostics, to track the long-term outcomes associated with these therapies in real-world settings. Similar successful registries in heart disease and cancer have enabled researchers, clinicians, health systems and payers to track the long-term performance of therapies using a large, real-world evidence dataset.
The Alzheimer's Association is also concerned about the immediate impact this decision will have on Alzheimer's and dementia research and innovation. CMS's decision to essentially reject the Accelerated Approval Pathway for monoclonal antibodies targeting amyloid for the treatment of Alzheimer's disease is broad overreach. Accelerated approval is a pathway created by Congress and utilized by FDA to allow for earlier approval of drugs that treat serious conditions, and that fill an unmet medical need. Alzheimer's is a deadly disease with no survivors.
"The decision by CMS is a step backward for families facing Alzheimer's disease," said Maria C. Carrillo, Ph.D., Alzheimer's Association chief science officer. "Years of increased research funding has led to more progress and innovation than ever before, but today's decision may halt this progress as developers question if there is a pathway forward to coverage."
As the leading voluntary health organization in Alzheimer's care, support and research, the Alzheimer's Association remains ever committed, driven by the needs of our constituents. The Alzheimer's Association will continue to work with health systems, health care providers, and in communities nationwide to ensure equitable access to quality care including all current and future FDA-approved treatments and diagnostic tests needed during the treatment process for all individuals with Alzheimer's disease.
Alzheimer's Association
The Alzheimer's Association leads the way to end Alzheimer's and all other dementia — by accelerating global research, driving risk reduction and early detection, and maximizing quality care and support. Our vision is a world without Alzheimer's and all other dementia. Visit alz.org or call the 24/7 Helpline at 800.272.3900.
View original content to download multimedia:
SOURCE Alzheimer's Association
|
https://www.whsv.com/prnewswire/2022/04/08/alzheimers-association-disappointed-by-medicare-coverage-policy-fda-approved-alzheimers-disease-treatments/
| 2022-04-08T11:30:09Z
|
TULSA, Okla., April 8, 2022 /PRNewswire/ -- Fresh from his victory at the Professional Bull Riders (PBR) event in Ohio in March, Venn Johns competes for a home crowed in PBR Tulsa on April 15 and 16 at the BOK Center.
"I've been working toward and anticipating this day," said Johns. "The opportunity to compete at PBR's top level is not a guarantee. It must be earned."
The journey to that championship buckle is arduous requiring hard work, long drives, and money. Many bull riders, in addition to athletic careers, have jobs outside the competition chutes. Some are fortunate to hone other skills while perfecting their bull riding. Johns is certified IT professional with more than 20 years of IT experience. He recently joined ArcLight Group, a Tulsa IT services company as one of the first CMCC Cyber Security Architects in Oklahoma.
"We are proud to have Venn on our team," said Brian Largent, CEO of ArcLight Group. "He embodies everything ArcLight Group stands for, integrity, hard work, diligence, thoroughness, thoughtfulness, reliability and the drive to excellence. We are thrilled to have him represent us and look forward to cheering him to victory when PBR comes to Tulsa."
ArcLight Group, along with Arena Pub & Grill and Kickers, is hosting a "Meet The Bull Riding Ninja" experience from 7:00 to 10:00 p.m.. Fans are invited to celebrate with drink specials, prizes (including front-row tickets to the PBR event) and a meet and greet with Johns. Fans are also invited to the ArcLight Group, Arena Pub & Grill/Kickers official Bull Riding Ninja post event parties at the pub immediately following the PBR event both nights.
"I have been training for this moment since I got on my first bull," said Johns. "I am laser focused on bringing Tulsa a hometown win."
For additional information about the "Meet the Bull Riding Ninja" pre-PBR event party, visit Arena Pub & Grill – Tulsa on Facebook. For information about The Bull Riding Ninja, follow Johns on social media using the handle Vennmmm. Learn about ArcLight Group, visit ArcLightGroup.com.
About Venn Johns:
The oldest professional bull rider competing at the most elite level, Venn Johns relies on training for the American Ninja Warrior and several recovery techniques to be competitive with riders and ninjas half his age. He has trained with the legendary PRCA World Champion bull rider, Gary Leffew.
Some of Johns' other accomplishments include: U.S. National Men's Gymnastics team member, Oklahoma University full gymnastics scholarship recipient, Black Best in Brazilian Jiu Jitsu and Karate, Championship bull riding title - South America, and American Ninja Warrior competitor.
About ArcLight Group:
ArcLight Group partners with many types of businesses in Tulsa and nationwide to provide managed IT services and eliminate IT issues before they cause expensive downtime. We help other businesses grow and move forward.
View original content:
SOURCE The ArcLight Group
|
https://www.whsv.com/prnewswire/2022/04/08/arclight-groups-venn-johns-bull-riding-ninja-wins-pbr-dayton-competes-aprils-pbr-tulsa/
| 2022-04-08T11:30:16Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Astra Space Inc. f/k/a Holicity Inc. (NASDAQ: ASTR).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/astra-space-inc-f-k-a-holicity-inc-loss-submission-form/?id=25674&from=4
The lawsuit seeks to recover losses for shareholders who purchased Astra between February 2, 2021 and December 29, 2021.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 11, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Astra Space Inc. f/k/a Holicity Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Astra cannot launch "anywhere"; (2) Astra significantly overstated its addressable market; (3) Astra overstated the effectiveness of its designs and reliability; (4) Astra significantly overstated its plans for diversification and its broadband constellation plan; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/astr-shareholder-alert-jakubowitz-law-reminds-astra-shareholders-lead-plaintiff-deadline-april-11-2022/
| 2022-04-08T11:30:22Z
|
FORT WORTH, Texas, April 8, 2022 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, will conduct a conference call to review the financial results for the fourth quarter and fiscal year 2022 at 11:00 a.m. ET on Friday, April 22, 2022. The Company will issue a press release reporting fourth quarter and fiscal year 2022 financial results before the market opens on April 22, 2022.
Conference Call Details
Interested parties can access the conference call by dialing (844) 855-9499 or (412) 317-5497 (international). A webcast of the call will be available on the Company's Investor Relations page at http://www.azz.com/investor-relations.
A replay of the call will be available at (877) 344-7529 or (412) 317-0088 (international), replay access code: 8903619, through April 29, 2022, or by visiting http://www.azz.com/investor-relations for the next 90 days.
About AZZ Inc.
AZZ Inc. is a global provider of galvanizing and a variety of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services to a broad range of markets, including but not limited to the power generation, transmission, distribution, refining and industrial markets. The Company's Metal Coatings segment is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing, spin galvanizing, powder coating, anodizing and plating, to the North American steel fabrication industry. The Company's Infrastructure Solutions segment is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy and waste management markets worldwide.
Safe Harbor Statement
Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward- looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. Certain factors could affect the outcome of the matters described herein. This press release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand for our products and services, including demand by the power generation markets, electrical transmission and distribution markets, the industrial markets, and the metal coatings markets. In addition, within each of the markets we serve, our customers and our operations could potentially be adversely impacted by the ongoing COVID-19 pandemic. We could also experience fluctuations in prices and raw material cost, including zinc and natural gas which are used in the hot dip galvanizing process; supply-chain vendor delays; customer requested delays of our products or services; delays in additional acquisition opportunities; currency exchange rates; adequacy of financing; availability of experienced management and employees to implement AZZ's growth strategy; a downturn in market conditions in any industry relating to the products we inventory or sell or the services that we provide; economic volatility or changes in the political stability in the United States and other foreign markets in which we operate; acts of war or terrorism inside the United States or abroad; and other changes in economic and financial conditions. AZZ has provided additional information regarding risks associated with the business in AZZ's Annual Report on Form 10-K for the fiscal year ended February 28, 2021 and other filings with the Securities and Exchange Commission ("SEC"), available for viewing on AZZ's website at www.azz.com and on the SEC's website at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
View original content to download multimedia:
SOURCE AZZ Inc.
|
https://www.whsv.com/prnewswire/2022/04/08/azz-inc-review-fourth-quarter-fiscal-year-2022-financial-results-friday-april-22-2022/
| 2022-04-08T11:30:29Z
|
The partnership will help expand BankProv's BaaS offerings to clients nationwide through Synctera's innovative FinTech integrations
AMESBURY, Mass., April 8, 2022 /PRNewswire/ -- BankProv, subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC), a future-ready commercial bank that offers adaptive and technology-first banking solutions to emerging industries, is partnering with Synctera, a leading FinTech banking provider helping innovators build their own FinTechs more efficiently. Synctera's innovation in streamlining back-end digital banking services with BankProv's next-generation offerings, including its depository services to cryptocurrency exchanges, investment platforms and payment facilitators will offer FinTech developers in the cryptocurrency market expanded Banking-as-a-Service (BaaS) optionality with this new debit card BIN sponsorship program.
Synctera allows banking institutions to build new lines of business by sponsoring FinTechs and generating new revenue streams. BankProv and Synctera share the vision for a connected marketplace filled with opportunities for FinTech developers and customers to have more access and options for managing their money. BankProv is the eleventh community bank in Synctera's marketplace helping FinTechs to launch and scale their products.
Synctera will focus on bringing a card program to BankProv's partnerships with FinTechs that offer cryptocurrency related services including exchange, deposits, and payment services.
"Synctera is a trusted partner for community banks looking for solutions in taking their payments strategy to the next level," said Dave Mansfield, CEO of BankProv. "We are excited to enhance our BaaS business line by offering debit cards through the Synctera partnership."
"We take pride that we built a lightweight, modern core system that gives banks the flexibility to support new FinTechs in the most efficient way possible and offers control and insight into data for actionable knowledge and easy audits," said Kris Hansen, Chief Technology Officer of Synctera. "Synctera looks forward to providing solutions to BankProv's needs as it continues to expand its digital banking services and help more FinTechs and customers access their cryptocurrency safer and easier."
BankProv is one of the nation's only community banks to establish depository services to cryptocurrency-related businesses as part of its full-service USD offering to its commercial clients. Last year, BankProv became the first bank to extend a line of credit backed by Ether and also offers equipment and infrastructure loans to help crypto-mining businesses scale their operations.
About Synctera
Launched in 2020, Synctera is powering the future of FinTech. Its end-to-end platform and guided, personalized experiences help FinTech builders create world-class products with embedded banking, card issuance, and more. Synctera's unique programs enable transparent, efficient partnerships between compatible FinTech builders and community banks, whether a FinTech builder is looking to quickly launch an MVP or scale a fully fledged offering. Everyone wins - FinTech builders create, launch, and scale great products, fast, and community banks access new revenue streams and markets. Learn more at www.synctera.com.
Media Contact: Rocco Aloe
Gregory FCA for Synctera
Synctera@gregoryfca.com
610-860-2075
About BankProv
BankProv, legally operating as The Provident Bank, is a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC). BankProv is a future-ready commercial bank for corporate clients, specializing in offering adaptive and technology-first banking solutions to niche markets, including cryptocurrency, renewable energy, fin-tech and enterprise value lending with a focus on search fund loans. We are committed to offering state-of-the-art APIs (application programming interfaces) for all business clients and BaaS (Bank as a Service) partners. Through our offerings, BankProv insures 100% of deposits through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit bankprov.com.
Media Contact: Rachelle Petersen
rpetersen@bankprov.com
603-334-1255
Forward-Looking Statements
Certain statements contained herein constitute "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 and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as "may," "will," "would," "intend," "believe," "expect," "plan," "estimate," "anticipate," "continue," or similar terms or variations on those terms, or the negative of those terms. These statements are based upon the current beliefs and expectations of Company management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to: the effects of any pandemic disease, natural disaster, war, act of terrorism, accident, or similar action or event; those related to the real estate and economic environment, particularly in the market areas in which the Company operates; fiscal and monetary policies of the U.S. Government; changes in government regulations affecting financial institutions, including regulatory compliance costs and capital requirements; fluctuations in the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and investments; operational risks including, but not limited to, cybersecurity, fraud and natural disasters; the risk that the Company may not be successful in the implementation of its business strategy; changes in prevailing interest rates; credit risk management; asset-liability management; and other risks described in the Company's filings with the Securities and Exchange Commission, which are available at the SEC's website, www.sec.gov.
The Company wishes to caution readers not to place undue reliance on any such forward looking statements, which speak only as of the date made. The Company wishes to advise readers that the factors listed above or other factors could affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. The Company does not undertake and specifically disclaims any obligation to publicly release the results of any revisions, which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
View original content to download multimedia:
SOURCE BankProv
|
https://www.whsv.com/prnewswire/2022/04/08/bankprov-partners-with-synctera-create-card-program-support-banking-as-a-service-model/
| 2022-04-08T11:30:36Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Butterfly Network, Inc. f/k/a Longview Acquisition Corp. (NYSE: BFLY).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/butterfly-network-inc-f-k-a-longview-acquisition-corp-loss-submission-form/?id=25676&from=4
This lawsuit is one behalf of: (a) all persons or entities that purchased or otherwise acquired Butterfly securities between February 16, 2021 and November 15, 2021, both dates inclusive and/or (b) all holders of Butterfly common stock as of the record date for the special meeting of shareholders held on February 12, 2021 to consider approval of the merger between Longview Acquisition Corp. and Butterfly.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 18, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Butterfly Network, Inc. f/k/a Longview Acquisition Corp. issued materially false and/or misleading statements and/or failed to disclose that: (i) Butterfly had overstated its post-merger business and financial prospects; (ii) notwithstanding the ongoing COVID-19 pandemic, Butterfly's financial projections failed to take into account the pandemic's broad consequences, which included healthcare logistical challenges, and medical personnel fatigue; (iii) accordingly, Butterfly's gross margin levels and revenue projections were less sustainable than the Company had represented; (iv) all the foregoing was reasonably likely to have a material negative impact on Butterfly's business and financial condition; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/bfly-shareholder-alert-jakubowitz-law-reminds-butterfly-shareholders-lead-plaintiff-deadline-april-18-2022/
| 2022-04-08T11:30:43Z
|
AUBURN HILLS, Mich., April 8, 2022 /PRNewswire/ --
- Most impressive lineup of Easter Jeep® Safari concepts ever from the Jeep brand and Jeep Performance Parts (JPP) by Mopar team heading to Moab, Utah, April 9-17
- Five one-of-a-kind Jeep concept vehicles take four-wheeling to the next level and prove why there's nothing quite like legendary Jeep 4x4 capability
- Two new Jeep concepts from JPP, plus three that debuted at the 2021 SEMA show, are also heading to Moab to showcase the latest prototype and production parts
- Jeep brand's mission of Zero Emission Freedom takes charge with several electrified concepts, including new Jeep Wrangler Magneto 2.0
Electrified power, legendary 4x4 capability and commanding performance will be front and center during this year's Easter Jeep® Safari, the Jeep brand's home away from home. The Jeep brand and Jeep Performance Parts (JPP) by Mopar team are bringing their A game with an extraordinary lineup of custom-built 4x4 and 4xe concept vehicles to conquer the iconic red-rock terrain in Moab, Utah. Thousands of off-roading enthusiasts and Jeep brand loyalists from all over the world will descend upon Moab, April 9-17, for the weeklong annual tradition of trail rides and technical off-roading.
"Easter Jeep Safari is the perfect opportunity for the Jeep brand to push the limits of four-wheel-drive development and, most importantly, to stay connected with our customers," said Jim Morrison, senior vice president and head of Jeep brand North America. "Moab is a rite of passage for many Jeep owners, and to own a Jeep is to truly understand the lifestyle – it's what the Jeep brand is all about. Whether it's a Jeep concept or the latest Jeep production vehicle, our customers have the chance to get up close and personal with our passion projects during this event. From a fully capable BEV off-roader to rugged and powerful terrain tacklers, every concept is a true reflection of what our customers tell us they want and give a taste of where the future of the Jeep brand and off-roading can go."
This year, 10 distinctive Jeep brand and JPP concept vehicles are equipped with an array of advanced powertrains. The notable lineup is punctuated by the triumphant return of Jeep Wrangler Magneto, the first battery-electric vehicle (BEV) concept from the Jeep brand. The even more powerful and capable Jeep Wrangler Magneto 2.0 and four additional Jeep 4xe concept vehicles are testament to the Jeep brand's commitment to Zero Emission Freedom. Additionally, each concept features the latest production and prototype JPP from Mopar, developed with rigorous specifications and legendary 4x4 capability in mind.
"Teaming up with the Jeep brand, there is no better place than the annual Easter Jeep Safari to show off our latest production and custom innovations to true off-road enthusiasts," said Mark Bosanac, North America vice president, Mopar service, parts & customer care. "Unlike any other aftermarket offerings, our factory-tested and factory-backed Jeep Performance Parts are specifically designed and engineered to face the toughest trails in the world."
Click here to continue reading about this year's Easter Jeep Safari concepts from the Jeep brand and JPP team.
View original content to download multimedia:
SOURCE Stellantis
|
https://www.whsv.com/prnewswire/2022/04/08/bigger-better-faster-greener-jeep-jeep-performance-parts-by-mopar-concepts-heading-56th-annual-moab-easter-jeep-safari/
| 2022-04-08T11:30:49Z
|
NASHVILLE, Tenn., April 8, 2022 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for March 2022.
March 2022 Observations:
- Increased sequential weighted average occupancy by 30 bps and month-end occupancy by 60 bps, with growth across each segment.
- First quarter sequential weighted average occupancy change was relatively flat compared to typical seasonal decline, representing the best first quarter sequential occupancy change in ten years.
- Achieved over 2,000 move-ins during March, the highest number of move-ins since August 2019.
About Brookdale Senior Living
Brookdale Senior Living Inc. is the nation's premier operator of senior living communities. The Company is committed to its mission of enriching the lives of the people it serves with compassion, respect, excellence and integrity. The Company operates independent living, assisted living, memory care, and continuing care retirement communities. Through its comprehensive network, Brookdale helps to provide seniors with care and services in an environment that feels like home. The Company's expertise in healthcare, hospitality and real estate provides residents with opportunities to improve wellness, pursue passions and stay connected with friends and loved ones. Brookdale operates and manages 678 communities in 41 states as of March 31, 2022, with the ability to serve more than 60,000 residents. Brookdale's stock trades on the New York Stock Exchange under the ticker symbol BKD. For more information, visit brookdale.com or connect with Brookdale on Facebook or Twitter.
View original content to download multimedia:
SOURCE Brookdale Senior Living Inc.
|
https://www.whsv.com/prnewswire/2022/04/08/brookdale-reports-march-2022-occupancy/
| 2022-04-08T11:30:56Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Cabaletta Bio, Inc. (NASDAQ: CABA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/cabaletta-bio-inc-loss-submission-form/?id=25682&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Cabaletta common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 24, 2019; and/or (b) Cabaletta securities between October 24, 2019 and December 13, 2021, both dates inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 29, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Cabaletta Bio, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) top-line data of the Phase 1 Clinical Trial indicated that Cabaletta's lead product candidate, DSG3-CAART, had, among other things, worsened certain participants' disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (ii) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (iii) therefore, the Company had overstated DSG3-CAART's clinical and/or commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/caba-shareholder-alert-jakubowitz-law-reminds-cabaletta-shareholders-lead-plaintiff-deadline-april-29-2022/
| 2022-04-08T11:31:02Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Celsius Holdings, Inc. (NASDAQ: CELH).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/celsius-holdings-inc-loss-submission-form/?id=25689&from=4
The lawsuit seeks to recover losses for shareholders who purchased Celsius between August 12, 2021 and March 1, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 16, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Celsius Holdings, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, the Company's financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius's internal controls over financial reporting; and (4) 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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/celh-shareholder-alert-jakubowitz-law-reminds-celsius-shareholders-lead-plaintiff-deadline-may-16-2022/
| 2022-04-08T11:31:09Z
|
BEIJING, April 8, 2022 /PRNewswire/ -- After seven years of efforts, China successfully held the Beijing 2022 Winter Olympics and Paralympics in February and March, sending out a message of unity, cooperation and hope to the world during challenging times.
Successful hosting of Beijing Olympic, Paralympic Winter Games brought confidence and hope to a world overshadowed by instability, said Chinese President Xi Jinping, on Friday, after conferring awards on representatives of those who have made outstanding contributions to the Games.
148 units and 148 individuals, including one awarded posthumously, were honored for their outstanding contributions to the Games.
Global unity and cooperation shine at the Games
Chinese people, along with people from other countries, have once again presented Olympic Games that will go down in history and shared the glory of Olympics, said Xi at the beginning of his speech.
"The Games promotes civilization exchange, drives global unity and cooperation, brings confidence and hope in a turbulent world," he said.
Noting that China honored its promise to the international community by presenting the world with a streamlined, safe and splendid Games, he highlighted several aspects, such as development of winter sports, efforts against the COVID-19 pandemic, and the fruitful legacy of the Games.
A total of 346 million Chinese have participated in winter sports activities and a series of varied mass ice and snow events have been held since the preparations of the Games started, according to Xi.
"With a COVID-19 positive rate of only 0.45 percent in Winter Games' closed-loop, China provided beneficial experience for pandemic response and hosting of international events," Xi said when hailing China's targeted and effective COVID-19 prevention and control efforts.
"The motherland and the people are proud of the hard work and achievements of all participants in the Games," he added.
Spirit of the Games will continue
Summarizing the Beijing Winter Olympic and Paralympic spirit, Xi stressed bearing in mind the big picture, being confident and open, rising to the challenges, pursuing excellence and creating a better future together.
The Games are major landmark events held at a critical time when the whole Party and the people of all ethnic groups in China are moving toward the second centenary goal of building China into a great modern socialist country in all respects, he said, calling for continued efforts in well managing and utilizing the legacy of the Games.
Successful hosting of the Games drives development in all areas and brings profound effects to socio-economic development, he said.
Xi also called for promotion of Olympic spirit and said China will contribute more wisdom and strength to the progress of human civilization.
View original content to download multimedia:
SOURCE CGTN
|
https://www.whsv.com/prnewswire/2022/04/08/cgtn-success-beijing-winter-olympics-paralympics-injects-energy-global-unity-cooperation/
| 2022-04-08T11:31:18Z
|
HSINCHU, April 8, 2022 /PRNewswire-FirstCall / -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of March 2022 and for the first quarter ended March 31, 2022. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$28.62 to US$1.00 as of March 31, 2022.
Revenue for the first quarter of 2022 was NT$6,725.2 million or US$235.0 million, representing a slight decrease of 1.0% from the fourth quarter of 2021, and an increase of 4.0% from the first quarter of 2021. The Company noted its continued strong results reflect full utilization of its DDIC high-end test capacity. Q1 is typically a seasonally slower period for the industry with fewer working days than Q4.
Revenue for the month of March 2022 was NT$2,355.3 million or US$82.3 million, representing an increase of 12.3% from February 2022, and an increase of 0.5% from March 2021.
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors, including the ongoing impact of COVID-19. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange commission (the "SEC") and in the Company's other filings with the SEC.
View original content:
SOURCE ChipMOS TECHNOLOGIES INC.
|
https://www.whsv.com/prnewswire/2022/04/08/chipmos-reports-123-mom-increase-march-2022-monthly-revenue-40-yoy-increase-1q22-quarterly-revenue/
| 2022-04-08T11:31:24Z
|
BEIJING, April 8, 2022 /PRNewswire/ --The "Chongqing - Discovering SCO Multi-language Cloud Exhibition Hall"(website: http://cq.cri.cn/cqshyzt) jointly initiated by Chongqing Municipal Commission of Culture and Tourism and CRI Online was officially launched in August 2021. The platform displays relevant cultural and tourism information of SCO countries in different languages and from multiple angles, becoming a new window for the centralized promotion of cultural and tourism information of SCO countries, and actively promotes the deep integration of cultural tourism and digital economy in Chongqing.
The Multi-Language Cloud Exhibition Hall has a total of 11 pages, which display the rich and colorful national culture, natural scenery, art and custom culture of each country. As of April 2022, the multilingual cloud exhibition hall has cumulatively released hundreds of pieces of SCO countries' cultural and tourism information in multiple languages including Chinese, English, Russian, Hindi, Nepali, Mongolian, and more.
According to the introduction by Cheng Xu, director of the International Exchange and Cooperation Division of the Chongqing Municipal Commission of Culture and Tourism, the Multi-language Cloud Exhibition Hall is an international platform established by the Chongqing Municipal Commission of Culture and Tourism to deepen cultural and tourism exchanges between Chongqing and the SCO countries, and a new window for digital and intelligent cultural and tourism exchanges. The platform is aiming to seize the development opportunities of the digital economy, promote the deep integration of Chongqing's cultural tourism and the digital economy, and achieve high-quality development of the cultural and tourism industry.
View original content:
SOURCE CRIOnline
|
https://www.whsv.com/prnewswire/2022/04/08/chongqing-discovering-sco-multi-language-cloud-exhibition-hall-promotes-deep-integration-cultural-tourism-digital-economy-chongqing/
| 2022-04-08T11:31:31Z
|
DENVER, April 8, 2022 /PRNewswire/ -- Today, the Board of Trustees (the "Board") for the Clough Global Dividend and Income Fund (the "Fund") has declared a monthly cash distribution of $0.0906 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-end net asset value per share ("NAV"), which will be the average of the NAVs as of the last five business days of the prior calendar year.
The following dates apply to the distributions declared:
Ex-Date: April 18, 2022
Record Date: April 19, 2022
Payable Date: April 29, 2022
Ex-Date: May 19, 2022
Record Date: May 20, 2022
Payable Date: May 31, 2022
Ex-Date: June 16, 2022
Record Date: June 17, 2022
Payable Date: June 30, 2022
A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions, including the percentage of qualified dividend income, will be made after year-end.
The Clough Global Dividend and Income Fund
The Fund is a closed-end fund with an investment objective of providing a high level of total return. The Fund seeks to pursue this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities as well as fixed income securities, including both corporate and sovereign debt, in both U.S. and non-U.S. markets. The Fund's portfolio managers are Chuck Clough and Rob Zdunczyk. As of March 31st, 2022 the fund had approximately $197.4 million in total assets. More information, including the Fund's dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.
Clough Capital Partners L.P.
Clough Capital is a Boston-based investment advisory firm which manages approximately $2.1 billion in assets: $700 million in hedge fund and institutional accounts; $73 million in open-end mutual funds; and $1.4 billion in three closed-end funds (as of March 31, 2022) – Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.cloughglobal.com or call 877-256-8445. Read them carefully before investing.
The Clough Global Dividend and Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.
Forward-looking statements are based on information that is available on the date hereof, and neither the fund manager nor any other person affiliated with the fund manager has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.
ALPS Portfolio Solutions Distributor, Inc, FINRA Member Firm.
Clough Global Dividend and Income Fund (NYSE MKT: GLV)
1290 Broadway, Suite 1000
Denver, CO 80203
Contact: Fund Services Group at 877-256-8445
View original content to download multimedia:
SOURCE SS&C / Clough CEF; Clough Global Dividend and Income Fund; Clough Global Equity Fund; Clough Global Opportunities Fund
|
https://www.whsv.com/prnewswire/2022/04/08/clough-global-dividend-income-fund-declares-monthly-cash-distributions-april-may-june-2022-00906-per-share/
| 2022-04-08T11:31:38Z
|
DENVER, April 8, 2022 /PRNewswire/ -- Today, the Board of Trustees (the "Board") for the Clough Global Equity Fund (the "Fund") has declared a monthly cash distribution of $0.1162 per common share, payable on the dates noted below. The Fund's managed distribution policy is set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-end net asset value per share ("NAV"), which will be the average of the NAVs as of the last five business days of the prior calendar year.
The following dates apply to the distributions declared:
Ex-Date: April 18, 2022
Record Date: April 19, 2022
Payable Date: April 29, 2022
Ex-Date: May 19, 2022
Record Date: May 20, 2022
Payable Date: May 31, 2022
Ex-Date: June 16, 2022
Record Date: June 17, 2022
Payable Date: June 30, 2022
A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions, including the percentage of qualified dividend income, will be made after year-end.
The Clough Global Equity Fund
The Fund is a closed-end fund utilizing Clough Capital's research-driven, thematic process, with an investment objective of providing a high level of total return. Having a global, flexible mandate, the Fund will invest at least 80% in equity and equity-related securities in both U.S. and non-U.S. markets, and the remainder in fixed income securities, including corporate and sovereign debt, in both U.S. and non-U.S. markets . The Fund's portfolio managers are Chuck Clough and Rob Zdunczyk. As of March 31st, 2022 the Fund had approximately $416.5 million in total assets. More information, including the Fund's dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.
Clough Capital Partners L.P.
Clough Capital is a Boston-based investment advisory firm which manages approximately $2.1 billion in assets: $700 million in hedge fund and institutional accounts; $73 million in open-end mutual funds; and $1.4 billion in three closed-end funds (as of March 31, 2022) – Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.cloughglobal.com or call 877-256-8445. Read the prospectus carefully before investing.
The Clough Global Equity Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.
Forward-looking statements are based on information that is available on the date hereof, and neither the fund manager nor any other person affiliated with the fund manager has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.
ALPS Portfolio Solutions Distributor, Inc, FINRA Member Firm.
CLO001859 1/9/2024
Clough Global Equity Fund (NYSE MKT: GLQ)
1290 Broadway, Suite 1000
Denver, CO 80203
View original content to download multimedia:
SOURCE SS&C / Clough CEF; Clough Global Dividend and Income Fund; Clough Global Equity Fund; Clough Global Opportunities Fund
|
https://www.whsv.com/prnewswire/2022/04/08/clough-global-equity-fund-declares-monthly-cash-distributions-april-may-june-2022-01162-per-share/
| 2022-04-08T11:31:44Z
|
DENVER, April 8, 2022 /PRNewswire/ -- Today, the Board of Trustees (the "Board") for the Clough Global Opportunities Fund (the "Fund") has declared a monthly cash distribution of $0.0943 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-end net asset value per share ("NAV"), which will be the average of the NAVs as of the last five business days of the prior calendar year.
The following dates apply to the distributions declared:
Ex-Date: April 18, 2022
Record Date: April 19, 2022
Payable Date: April 29, 2022
Ex-Date: May 19, 2022
Record Date: May 20, 2022
Payable Date: May 31, 2022
Ex-Date: June 16, 2022
Record Date: June 17, 2022
Payable Date: June 30, 2022
A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions, including the percentage of qualified dividend income, will be made after year-end.
The Clough Global Opportunities Fund
The Fund is a closed-end fund with an investment objective of providing a high level of total return. The Fund seeks to achieve this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities as well as fixed income securities, including both corporate and sovereign debt. Utilizing Clough Capital's global research capabilities, the Fund will invest in both U.S. and non-U.S. markets. The Fund's portfolio managers are Chuck Clough and Rob Zdunczyk. As of March 31st, 2022 the Fund had approximately $754.7 million in total assets. More information, including the Fund's dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.
Clough Capital Partners L.P.
Clough Capital is a Boston-based investment advisory firm which manages approximately $2.1 billion in assets: $700 million in hedge fund and institutional accounts; $73 million in open-end mutual funds; and $1.4 billion in three closed-end funds (as of March 31, 2022) – Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.cloughglobal.com or call 877-256-8445. Read them carefully before investing.
The Clough Global Opportunities Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.
Forward-looking statements are based on information that is available on the date hereof, and neither the fund manager nor any other person affiliated with the fund manager has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.
ALPS Portfolio Solutions Distributor, Inc, FINRA Member Firm.
Clough Global Opportunities Fund (NYSE MKT: GLO)
1290 Broadway, Suite 1000
Denver, CO 80203
Contact: Fund Services Group at 877-256-8445
View original content to download multimedia:
SOURCE SS&C / Clough CEF; Clough Global Dividend and Income Fund; Clough Global Equity Fund; Clough Global Opportunities Fund
|
https://www.whsv.com/prnewswire/2022/04/08/clough-global-opportunities-fund-declares-monthly-cash-distributions-april-may-june-2022-00943-per-share/
| 2022-04-08T11:31:53Z
|
HONG KONG, April 8, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883) announced today that Weizhou 12-8E oilfield development project has commenced production.
The Weizhou 12-8E oilfield development project is located in Beibu Gulf in the South China Sea, with average water depth of about 30 meters. In addition to fully utilizing the existing processing facilities of Weixinan oilfields, a total of 7 development wells are planned, including 6 oil production wells and 1 production water reinjection well. The project is expected to reach its average daily production of approximately 4,700 barrels of crude oil in 2022, with its peak production of approximately 10,000 barrels of crude oil per day.
The Company holds 51% interest of Weizhou 12-8E oilfield development project. The partners of this oilfield are Roc Oil (China) Company, Horizon Oil (Beibu) Limited and Oil Australia Pty Ltd.
Notes to Editors:
More information about the Company is available at http://www.cnoocltd.com.
*** *** *** ***
This press release includes forward looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company's expectations, including but not limited to those associated with fluctuations in crude oil and natural gas prices, macro-political and economic factors, changes in the tax and fiscal regimes of the host countries in which we operate, the highly competitive nature of the oil and natural gas industry, environmental responsibility and compliance requirements, the Company's price forecast, the exploration and development activities, mergers, acquisitions and divestments activities, HSSE and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws.
Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.
*** *** *** ***
For further enquiries, please contact:
Mr. Su Yuchi
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-5897
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn
Mr. Bunny Lee
Porda Havas International Finance Communications Group
Tel: +852 3150 6707
Fax: +852 3150 6728
E-mail: cnooc.hk@pordahavas.com
View original content to download multimedia:
SOURCE CNOOC Limited
|
https://www.whsv.com/prnewswire/2022/04/08/cnooc-limited-announces-weizhou-12-8e-oilfield-development-project-commenced-production/
| 2022-04-08T11:32:00Z
|
LOS ANGELES, April 8, 2022 /PRNewswire/ - 11-year-old actress, dancer and model Ava Otto, who appears next on CBS' Come Dance With Me, has just launched her own personal website http://www.AvaOtto.com to connect with her fans and dive deeper into her passions!
Ava, the daughter of Limp Bizkit's John Otto, whom she will be performing alongside on the new family dance competition series by CBS with top choreographers such as Ashley Wallen (The Greatest Showman), Dominique Kelley (The Producers, La La Land) and Jessica Castro (In The Heights), has been in the spotlight since she was 5-years-old.
Since then, she has booked jobs alongside Grammy Award winner Darlene Koldenhoven, and trained with some of the world's top dancers/choreographers, including renowned ballerina Alison Stroming and So You Think You Can Dance alumni Robert Roldan and Carly Blaney. Beyond her work in dance, entertainment and modeling, Ava is an outspoken advocate for anti-bullying organizations and even started her own non-profit, Passion Project X, which focuses on providing various forms of support to others who are pursuing their dreams.
"The journey to becoming my best self is never ending. I'm grateful for lessons I learn and the people I met along the way," says Ava.
Further information: Zack Teperman - ZTPR - zack@ztpr.net
View original content:
SOURCE AVA OTTO
|
https://www.whsv.com/prnewswire/2022/04/08/come-dance-with-mes-ava-otto-launches-new-website/
| 2022-04-08T11:32:06Z
|
- Consolidated revenue increased 1% for the quarter and 6% year-to-date
- Consolidated segment profit(1) decreased 23% for the quarter and 9% year-to-date
- Consolidated segment profit margin(1) of 24% for the quarter and 32% year-to-date
- Net income attributable to shareholders of $16.2 million ($0.08 per share basic) for the quarter and $92.4 million ($0.44 per share basic) year-to-date
- Net debt to segment profit(1) of 2.70 times at February 28, 2022, down from 2.76 times at August 31, 2021
- Free cash flow(1) of $88.4 million for the quarter and $168.4 million year-to-date
TORONTO, April 8, 2022 /PRNewswire/ - Corus Entertainment Inc. (TSX: CJR.B) announced its second quarter financial results today.
"Corus has delivered modest consolidated revenue growth in a challenging macroeconomic environment in the second quarter," said Doug Murphy, President and Chief Executive Officer. "Our Q2 results reflect strong subscriber revenue gains and a recovery in our radio business, offset primarily by lower timing-related content licensing revenues. We delivered strong free cash flow and strengthened our capital structure, providing a solid foundation for our growth initiatives in the years to come. At the mid-way point of our year, Corus is well positioned to benefit from the disciplined execution of our strategic plan and priorities as the economy reopens."
Financial Highlights
Segment Revenue
Operational Highlights
The Company advanced its Strategic Priorities on multiple fronts. Corus expanded its digital and traditional video advertising offerings; new content development partnerships and international sales were secured through Corus' content business and the Company significantly increased its financial flexibility with the issuance of Senior Unsecured Notes and the extension of its credit facilities.
- On February 9, 2022, the Company announced the expansion of its premium, multi-channel streaming service STACKTV onto Rogers Ignite TV and Ignite SmartStream platforms. This marks the first time STACKTV is available as a stand-alone streaming channels bundle through a traditional distribution partner. Corus also highlighted the addition of Lifetime to its suite of networks on STACKTV.
- As of April 4, 2022, the Company reached a new milestone of nearly 750,000 paying subscribers to its STACKTV, Nick+ and other streaming platforms, an increase from more than 725,000 paying subscribers on January 10, 2022.
- On March 1, 2022, the Company announced the Canadian launch of Magnolia Network - Chip and Joanna Gaines' joint media venture with Discovery, Inc. The Company exclusively debuted Magnolia Network on March 28, 2022, becoming the first broadcaster outside of the U.S. to launch the channel.
- On April 7, 2022, the Company's Corus Studios announced its largest U.S. output deal ever with streaming platform Hulu. This new multi-year agreement consists of over 400 episodes of lifestyle, renovation, unscripted and crime content from Corus Studios, building on the previously announced sale to Hulu of 200+ episodes last year.
Financial Highlights
- Free cash flow(1) of $88.4 million in Q2 and $168.4 million year-to-date compared to $89.7 million and $152.1 million year-to-date, respectively, in the same comparable prior year periods. The decrease in free cash flow(1) in the second quarter is attributable to a decrease in cash provided by operating activities, offset by a reduction in cash used in investing activities. The increase in free cash flow(1) for the six months ended February 28, 2022 is mainly attributable to a $43.5 million venture fund distribution, offset by a decrease in cash provided by operating activities of $25.9 million.
- On February 28, 2022, the Company issued $250.0 million in principal amount of 6.0% Senior Unsecured Notes due February 28, 2030 (the "Notes"). The net proceeds therefrom were used to repay amounts under the Company's Term Credit Facility (the "Term Facility").
- Subsequent to the quarter, the Company's credit agreement with a syndicate of banks was amended and restated effective March 18, 2022. The principal amendments effected extended the maturity dates for the Term Facility and bank revolving credit facility (the "Revolving Facility") to March 18, 2027.
- Net debt to segment profit(1) was 2.70 times at February 28, 2022, down from 2.76 times at August 31, 2021, principally due to the repayment of bank loans, net of Notes issuance, in the current year of $70.2 million year-to-date, offset by the addition of $13.5 million in production financing for an acquired subsidiary.
- As of February 28, 2022, the Company had $95.5 million of cash and cash equivalents and the committed $300.0 million Revolving Facility that remains undrawn.
Corus Entertainment Inc. reports its financial results in Canadian dollars.
The unaudited interim condensed consolidated financial statements and accompanying notes for the three and six months ended February 28, 2022 and Management's Discussion and Analysis are available on the Company's website at www.corusent.com in the Investor Relations section and under the Company's SEDAR profile at www.sedar.com.
A conference call with Corus senior management is scheduled for April 8, 2022 at 8:00 a.m. ET. While this call is directed at analysts and investors, members of the media are welcome to listen in. The dial-in number for the conference call for local and international callers is 1.647.794.4605 and for North America is 1.888.204.4368. More information can be found on the Corus Entertainment website at www.corusent.com in the Investor Relations section.
COVID-19 Update
Many provinces and territories have begun the gradual lifting of health restrictions related to COVID-19, which may see a phased return to on-site work across various sectors. Disruptions caused by imposition or removal of public health restrictions and rising COVID-19 infection rates, including labour shortages, employee absenteeism at the Company or its clients and suppliers, changes in consumer demand, and supply chain shortages or disruptions, particularly in the retail, tourism and entertainment sectors, can negatively impact the Company's operations and financial performance, including advertising revenue. There can be no certainty that current vaccination and public health measures can mitigate negative impacts caused by the COVID-19 pandemic on the Company's business in the short to medium term.
Use of Non-IFRS Financial Measures
This press release includes the non-IFRS financial measures of segment profit, segment profit margin, free cash flow, adjusted net income, adjusted basic earnings per share, net debt to segment profit, optimized advertising revenue, and new platform revenue that are not in accordance with, nor an alternate to, generally accepted accounting principles ("IFRS") and may be different from non-IFRS measures used by other companies. In addition, these non-IFRS measures are not based on any comprehensive set of accounting rules or principles.
Non-IFRS financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with IFRS. They are limited in value because they exclude charges that have a material effect on the Company's reported results and, therefore, should not be relied upon as the sole financial measures to evaluate the Company's financial results. The non-IFRS financial measures are meant to supplement, and to be viewed in conjunction with, IFRS financial results. A reconciliation of the Company's non-IFRS measures is included in the Company's most recent Report to Shareholders for the three and six months ended February 28, 2022, which is available on Corus' website at www.corusent.com as well as on SEDAR at www.sedar.com.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information and should be read subject to the following cautionary language:
To the extent any statements made in this press release contain information that is not historical, these statements are forward-looking statements and may be forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking information"). This forward-looking information relates to, among other things, the Company's objectives, goals, strategies, targets, intentions, plans, estimates and outlook, including the adoption and anticipated impact of the Company's strategic plan, advertising and expectations of advertising trends for fiscal 2022, distribution, merchandise and subscription revenue, the Company's dividend policy and the payment of future dividends; the Company's leverage target; the Company's proposed share purchases, including the number of Class B non-voting shares to be repurchased under its normal course issuer bid, if any, and timing thereof; and expectations regarding financial performance including capital allocation strategy and capital structure management, operating costs and tariffs, taxes and fees, and can generally be identified by the use of words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" or the negative of these terms and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances may be considered forward-looking information. Although Corus believes that the expectations reflected in such forward-looking information are reasonable, such information involves assumptions, risks and uncertainties and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied with respect to the forward-looking information, including without limitation, factors and assumptions regarding the general market conditions and general outlook for the industry including the potential impact of new competition and industry mergers and acquisitions, interest rates, stability of the advertising, distribution, merchandise and subscription markets, operating and capital costs and tariffs, taxes and fees, the Company's ability to source desirable content and the Company's capital and operating results being consistent with the Company's expectations. Actual results may differ materially from those expressed or implied in such information. Important factors that could cause actual results to differ materially from these expectations include, among other things: the Company's ability to attract and retain advertising revenue; audience acceptance of the Company's television programs and cable networks; the Company's ability to recoup production costs, the availability of tax credits and the existence of co-production treaties; the Company's ability to compete in any of the industries in which we do business; the opportunities (or lack thereof) that may be presented to and pursued by the Company; conditions in the entertainment, information and communications industries and technological developments therein; changes in laws or regulations or the interpretation or application of those laws and regulations; the Company's ability to integrate and realize anticipated benefits from its acquisitions and to effectively manage its growth; the Company's ability to successfully defend itself against litigation matters arising out of the ordinary course of business; failure to meet covenants under the Company's senior credit facility, senior unsecured notes or other instruments or facilities; epidemics, pandemics or other public health crises, including the current outbreak of COVID-19 and changes in accounting standards. Additional information about these factors and about the material assumptions underlying any forward-looking information may be found under the heading "Risks and Uncertainties" in the Company's Management's Discussion and Analysis for the year ended August 31, 2021 and under the heading "Risk Factors" in the Company's Annual Information Form for the year ended August 31, 2021. Corus cautions that the foregoing list of important assumptions and factors that may affect future results is not exhaustive. When relying on the Company's forward-looking information to make decisions with respect to Corus, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Unless otherwise specified, all forward-looking information in this document speaks as of the date of this document. Unless otherwise required by applicable securities laws, Corus disclaims any intention or obligation to publicly update or revise any forward-looking information whether as a result of new information, events or circumstances that arise after the date thereof or otherwise.
About Corus Entertainment Inc.
Corus Entertainment Inc. (TSX: CJR.B) is a leading media and content company that develops and delivers high quality brands and content across platforms for audiences around the world. Engaging audiences since 1999, the Company's portfolio of multimedia offerings encompass 33 specialty television services, 39 radio stations, 15 conventional television stations, a suite of digital and streaming assets, animation software, technology and media services. Corus is an internationally-renowned content creator and distributor through Nelvana, a world class animation studio expert in all formats and Corus Studios, a globally recognized producer of hit scripted and unscripted content. The Company also owns innovative full-service social digital agency so.da, lifestyle entertainment company Kin Canada, leading 2D animation software supplier Toon Boom and children's book publishing house, Kids Can Press. Corus' roster of premium brands includes Global Television, W Network, HGTV Canada, Food Network Canada, Magnolia Network Canada, The HISTORY® Channel, Showcase, Adult Swim, National Geographic, Disney Channel Canada, YTV, Global News, Globalnews.ca, Q107, Country 105, and CFOX, along with broadly distributed Canadian streaming platforms STACKTV, Nick+, the Global TV App and Curiouscast. For more information visit www.corusent.com.
View original content:
SOURCE Corus Entertainment Inc.
|
https://www.whsv.com/prnewswire/2022/04/08/corus-entertainment-announces-fiscal-2022-second-quarter-results/
| 2022-04-08T11:32:13Z
|
TORONTO, April 8, 2022 /PRNewswire/ - Corus Entertainment Inc. ("Corus") (TSX: CJR.B) announced today that its Board of Directors has declared quarterly dividends of $0.06 per Class B non-voting participating share ("Class B Non-Voting Shares") and $0.05875 per Class A participating share ("Class A Voting Shares") payable on June 30, 2022, to shareholders of record at the close of business on June 15, 2022.
The foregoing dividends are designated as "eligible" dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation.
Corus' Board of Directors reviews the dividend on a quarterly basis. Shareholders are entitled to receive dividends only when any such dividends are declared by Corus' Board of Directors and there is no entitlement to any dividend prior thereto.
Registered shareholders who are residents of Canada and who are not currently participating in Corus' Dividend Reinvestment Plan ("the Plan") may elect to participate in the Plan through the completion of an enrollment form which can be obtained from the Company's plan administrator, TSX Trust Company, on their website at https://tsxtrust.com/ or by calling 1.800.387.0825. The Plan allows eligible holders of Class A Voting Shares and Class B Non-Voting Shares to acquire additional Class B Non-Voting Shares through reinvestment of the cash dividends paid on their respective shareholdings. Non-registered beneficial shareholders who are residents of Canada and who wish to join the Plan should consult their broker, financial institution or other intermediary through which they hold Class A Voting Shares or Class B Non-Voting Shares.
Corus' Board of Directors confirms that the Company will distribute shares purchased on the open market at no discount from the average market price to the Plan participants of record, as determined pursuant to the terms of the Plan.
There were 3,373,726 Class A Voting Shares and 203,398,732 Class B Non-Voting Shares outstanding on March 31, 2022.
Corus Entertainment Inc. reports in Canadian dollars.
Corus Entertainment Inc. (TSX: CJR.B) is a leading media and content company that develops and delivers high quality brands and content across platforms for audiences around the world. Engaging audiences since 1999, the company's portfolio of multimedia offerings encompass 33 specialty television services, 39 radio stations, 15 conventional television stations, a suite of digital and streaming assets, animation software, technology and media services. Corus is an internationally-renowned content creator and distributor through Nelvana, a world class animation studio expert in all formats and Corus Studios, a globally recognized producer of hit scripted and unscripted content. The company also owns innovative full-service social digital agency so.da, lifestyle entertainment company Kin Canada, leading 2D animation software supplier Toon Boom and children's book publishing house, Kids Can Press. Corus' roster of premium brands includes Global Television, W Network, HGTV Canada, Food Network Canada, Magnolia Network Canada, The HISTORY® Channel, Showcase, Adult Swim, National Geographic, Disney Channel Canada, YTV, Global News, Globalnews.ca, Q107, Country 105, and CFOX, along with broadly distributed Canadian streaming platforms STACKTV, Nick+, the Global TV App and Curiouscast. For more information visit www.corusent.com.
View original content:
SOURCE Corus Entertainment Inc.
|
https://www.whsv.com/prnewswire/2022/04/08/corus-entertainment-declares-quarterly-dividend-class-class-b-shareholders/
| 2022-04-08T11:32:23Z
|
Enjoy the Ultimate PB&J Experience at The Counter for a Limited Time
SCOTTSDALE, Ariz., April 8, 2022 /PRNewswire/ -- The Counter brings a savory twist on the childhood classic – PB&J. Guests can enjoy a perfect blend of creamy, salty, and sweet with the new limited time PB&J Burger. This PB&J experience would be incomplete without the Ultimate PB&J shake garnished with two mini PB&J sandwiches. Both offerings are available now through April 30th.
Guests can now enjoy these PB&J favorites:
- PB&J Burger - All-natural angus beef, American cheese, mixed greens, secret peanut butter sauce, jelly ketchup, and fried onion strings served on a multigrain bun. Served with a side of secret peanut butter sauce and jelly ketchup.
- The Ultimate PB&J Shake - Peanut butter shake made with vanilla bean ice cream. Garnished with two scoops vanilla bean ice cream, grape jelly drizzle, whipped cream, and 2 mini PB&J sandwiches.
"We are excited to introduce the new PB&J Burger and the Ultimate PB&J Shake for a limited time," said Lindsay Seli, Director of Marketing at Kahala Brands™, parent company of The Counter. "Our guests will get to experience a childhood favorite in a completely new way. Our secret peanut butter sauce and jelly ketchup are the perfect duo to enhance the juiciness of our all-natural angus beef."
About The Counter
Founded in 2003, The Counter®'s mission was to challenge the traditional burger joint. The Counter® provides a fresh, unconventional approach to creating the ultimate burger, offering over a million possible burger combinations with a choice from 9 proteins, 12 distinct cheeses, 31 signature toppings, 20 unique sauces and 11 types of buns or fresh greens. The Counter® offers a full-service, casual dining experience in an inviting space with industrial décor and upbeat music. The Counter was acquired by Scottsdale, Arizona-based Kahala Brands one of the fastest growing franchising companies in the world with a portfolio of nearly 29 fast-casual and quick-service restaurant brands with approximately 3000 locations in 35 countries. For more information about The Counter®, visit www.TheCounter.com.
For more information about Kahala Brands, visit www.KahalaBrands.com
View original content to download multimedia:
SOURCE The Counter
|
https://www.whsv.com/prnewswire/2022/04/08/counter-serves-up-ultimate-pbampj-experience-entire-month-april/
| 2022-04-08T11:32:29Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Cerence Inc. (NASDAQ: CRNC).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/cerence-inc-loss-submission-form/?id=25681&from=4
The lawsuit seeks to recover losses for shareholders who purchased Cerence Inc. between February 8, 2021 and February 4, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 26, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Cerence Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the global semiconductor shortage had a materially negative impact on demand for Cerence's software licenses; (2) defendants masked the impact of the semiconductor shortage on demand for the Company's software licenses by pulling forward sales; and (3) as a result of the above, defendants' statements about Cerence's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/crnc-shareholder-alert-jakubowitz-law-reminds-cerence-inc-shareholders-lead-plaintiff-deadline-april-26-2022/
| 2022-04-08T11:32:39Z
|
Investor Day Event Begins Today at 9:45am (ET) at The New York Stock Exchange
- Plans to Double Sales of Owned Brands, primarily in Direct-to-Consumer Channels, by fiscal 2026
- Targets EPS Range of $2.75 to $2.85 in fiscal 2026
- Raises full-year fiscal 2022 EPS outlook range from $1.75 to $1.85 to a range of $1.80 to $1.90
- Reinstates Dividend of $0.05 per share for the first quarter of fiscal 2022
COLUMBUS, Ohio, April 8, 2022 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of North America's largest designers, producers, and retailers of footwear and accessories, today will host an Investor Day at the New York Stock Exchange. At the event, Designer Brands will outline its updated long-range plan to leverage its acute focus on its customers, ability to build unparalleled brands, and initiatives focused on optimizing speed and efficiency to drive anticipated growth.
"At Designer Brands, we have truly taken control of our destiny as we have transformed into a brand builder, marrying our world-class design and sourcing capabilities to our industry leading direct-to-consumer infrastructure. We know our customers like our best friends, and utilize the data, feedback and insights gleaned from our nearly 30 million loyalty members to efficiently design top quality product suited specifically for them and engaging with them in innovative ways across any and all mediums they desire. Our nimble business model and agile team have the ability to pivot with our consumers' preferences and meet them where they want to shop," said Roger Rawlins, Chief Executive Officer of Designer Brands.
"Our Owned Brands are the key driver of growth over the next five years, and we plan to double sales of these brands by fiscal 2026. This growth is complemented by maintaining our relationships with top National Brand partners who utilize our leading omni-channel capabilities in their own DTC efforts in ways unique to DBI. In addition to our updated and differentiated assortment, we are expanding upon our already dominant sourcing and supply chain capabilities, leading to quicker speed to market with new designs and faster delivery times. Designer Brands' mission to inspire self-expression is supported by our integrated organization, and this will meaningfully grow shareholder value over the long-term."
Event Overview
During the event, Designer Brands' management team will provide a deeper look at the Company's differentiated capabilities that will drive growth, demonstrated by the goal to double sales of Owned Brands in all channels and maintain sales in National Brands. In addition, the management team will outline the Company's specific initiatives to meaningfully grow shareholder value.
- Leading with Owned Brands, transformed from a retailer to brand builder
- Knowing our nearly 30 million customers like our best friends, leveraging data analytics from our leading omni-channel platform
- Evolving partnerships with National Brands through value and must have capabilities
- Delivering shareholder value through topline growth, margin expansion and cash generation
Long-Term Financial Outlook
During the Investor Day, Designer Brands will outline a five-year financial roadmap through which the Company expects to deliver significant bottom-line growth, building upon the investments Designer Brands has made over the past several years and the integration work that has been completed resulting in a transformed business. Designer Brands is announcing the following financial targets, which the Company anticipates reaching by fiscal 2026 (fiscal year ending January 30, 2027).
- Revenue of $4 billion
- Gross profit margin of 35%
- Operating margin of 9% improving over 200 basis points
- Target EPS range of $2.75 to $2.85
- Generation of over $1 billion of cash from operating activities over the next five years
We expect that this growth will be driven by doubling our Owned Brand sales, from 19% of the Company's total revenue to nearly one-third, with most of that business happening within our own DTC channels. This growth is highly margin accretive and is expected to drive our operating margin higher over the longer-term.
Updated Fiscal 2022 Financial Outlook
Designer Brands is updating its fiscal 2022 outlook. For the fiscal 2022 full year, EPS is now expected to be in the range of $1.80 to $1.90.
Reinstatement of Cash Dividend
The Company today announced that the Company's Board of Directors (the "Board") has approved the reinstatement of the Company's regular quarterly cash dividend to shareholders, starting in the first quarter of fiscal 2022. A dividend of $0.05 per share of Class A common stock will be paid on May 6, 2022 to shareholders of record as of the close of business on April 22, 2022. The dividend will be paid out of the Company's capital surplus as defined under the Ohio General Corporation Law.
Future declarations of dividends are subject to Board approval and may be adjusted based on the Company's results of operations, financial position, or market conditions. As it is customary, details regarding the record and payment dates for any future quarterly dividends will be announced at the time such dividends are declared by the Board.
Share Repurchase Program
During the first quarter of fiscal 2022 and through April 6, 2022, Designer Brands has repurchased 1.5 million shares of its Class A common stock at an average price per share of $13.71 pursuant to its Board-authorized $500 million share repurchase program. As of April 6, 2022, $313.6 million remained available for repurchase under the Board-authorized program.
Webcast Information
During the Investor Day, Roger Rawlins, Chief Executive Officer, will discuss the Company's overall mission, vision, strategies and growth opportunities; Julie Roy, Chief Marketing Officer, will discuss the Company's customer base and related strategies; Jim Weinberg, Chief Merchandising Officer and Sarah Rosen, SVP of Marketing and Communications, Camuto Group, will talk about our approach to building our Owned Brands; Bill Jordan, President and Chief Growth Officer, will review the Company's vision relating to sourcing and supply chain; Christina Jackson, Leader of Diversity, Equity & Inclusion, will discuss the Company's culture and ESG initiatives; and Jared Poff, Chief Financial Officer, will review long-term financial targets for the Company. Formal presentations will be followed by a question and answer session.
Today's Investor Day presentation will be available via webcast at investors.designerbrands.com at 9:45 a.m. ET (Eastern Time) and is expected to last approximately three hours. The webcast and presentation materials including our investor deck and infographic, can be accessed through Designer Brands' Investor Relations website. A replay of the webcast will be available following the event for 60 days at investors.designerbrands.com.
CONTACT: Stacy Turnof, DesignerBrandsIR@edelman.com
About Designer Brands
Designer Brands is one of North America's largest designers, producers, and retailers of footwear and accessories. The Company operates a portfolio of retail concepts in nearly 650 locations under the DSW Designer Shoe Warehouse® and The Shoe Company® banners. The Company designs and produces footwear and accessories through Camuto Group, a leading manufacturer selling in more than 5,400 stores worldwide. Camuto Group owns licensing rights for the Jessica Simpson® footwear business and footwear and handbag licenses for Lucky Brand®. In partnership with a joint venture with Authentic Brands Group, the Company also owns a stake in Vince Camuto®, Louise et Cie®, and others. More information can be found at www.designerbrands.com. The information on our corporate website is not, and shall not be deemed to be, a part of this press release or incorporated into our federal securities law filings.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Certain statements in this press release may constitute forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by the use of forward-looking words such as "outlook," "could," "believes," "expects," "potential," "may," "will," "should," "would," "approximately," "plans," "estimates," "anticipates," "targets" or the negative version of those words or other comparable words. These statements are based on the Company's current views and expectations and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These factors include, but are not limited to: risks and uncertainty related to the ongoing coronavirus ("COVID-19") pandemic, any future COVID-19 resurgence, and any other adverse public health developments; uncertain general economic conditions, including inflation and supply chain pressures, domestic and global political and social conditions and the potential impact of geopolitical turmoil or conflict, and the related impacts to consumer discretionary spending; our ability to anticipate and respond to fashion trends, consumer preferences and changing customer expectations; maintaining strong relationships with our vendors, manufacturers, licensors, and retailer customers; risks related to losses or disruptions associated with our distribution systems, including our distribution centers and fulfillment center and stores, whether as a result of the COVID-19 pandemic, reliance on third-party providers, or otherwise; our reliance on our loyalty programs and marketing to drive traffic, sales and customer loyalty; failure to retain our key executives or attract qualified new personnel; risks related to the loss or disruption of our information systems and data and our ability to prevent or mitigate breaches of our information security and the compromise of sensitive and confidential data; our ability to protect our reputation and to maintain the brands we license; risks related to restrictions imposed by our credit facility that could limit our ability to fund operations; our competitiveness with respect to style, price, brand availability and customer service; our ability to provide customers with cost-effective shopping platforms; risks related to our international operations, including international trade, our reliance on foreign sources for merchandise, exposure to political, economic, operational, compliance and other risks, and fluctuations in foreign currency exchange rates; our ability to protect the health and safety of our associates and our customers, which may be affected by current or future government regulations related to stay-at-home orders and/or orders related to the operation of non-essential businesses; our ability to comply with privacy laws and regulations, as well as other legal obligations; and uncertainty related to future legislation, regulatory reform, policy changes, or interpretive guidance on existing legislation. Risks and other factors that could cause our actual results to differ materially from our forward-looking statements are described in the Company's latest Annual Report on Form 10-K or other reports filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the time when made. The Company undertakes no obligation to update or revise the forward-looking statements included in this press release to reflect any future events or circumstances.
View original content:
SOURCE Designer Brands Inc.
|
https://www.whsv.com/prnewswire/2022/04/08/designer-brands-inc-outlines-long-range-plan-leveraging-key-capabilities-drive-growth-its-2022-investor-day/
| 2022-04-08T11:32:46Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/telefonaktiebolaget-lm-ericsson-loss-submission-form/?id=25684&from=4
The lawsuit seeks to recover losses for shareholders who purchased Telefonaktiebolaget LM Ericsson between April 27, 2017 and February 25, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 2, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Telefonaktiebolaget LM Ericsson issued materially false and/or misleading statements and/or failed to disclose that: (i) Ericsson overstated the extent to which it had reformed its business practices to eliminate the use of bribes to secure business in foreign countries; (ii) Ericsson had paid bribes to the terrorist group the Islamic State in Iraq and Syria to gain access to certain transport routes in Iraq; (iii) accordingly, the Company's revenues derived from its operations in Iraq were, in at least substantial part, derived from unlawful conduct and thus unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/eric-shareholder-alert-jakubowitz-law-reminds-telefonaktiebolaget-lm-ericsson-shareholders-lead-plaintiff-deadline-may-2-2022/
| 2022-04-08T11:32:52Z
|
- Conference Call to be Held on April 13, 2022 at 8:00 AM ET -
NEW YORK, April 8, 2022 /PRNewswire/ -- Ever-Glory International Group, Inc. (the "Company" or "Ever-Glory") (NASDAQ: EVK), a retailer of branded fashion apparel and a leading global apparel supply chain solution provider, today announced that the Company will report its Fourth quarter 2021 financial results on April 13, 2022 after the open of trading in the U.S.
The Company's management will host an earnings conference call at 8:00 a.m. Eastern Time on April 13, 2022 (8:00 p.m. Beijing Time on April 13, 2022).
The dial-in details for the conference call are as follows:
- Toll-free dial-in number: +1-800-239-9838
- International dial-in number: 1-323-794-2551
- Conference ID:1990321
The live audio webcast of the call can also be accessed by visiting the investor relations section of Ever-Glory's website at http://www.everglorygroup.com. A replay of the call will be available from 11:00 a.m. Eastern Time on April 13 through 11:59 p.m. Eastern Time on April 20 by calling +1-844-512-2921 or +1-412-317-6671 with pin number 1990321.
About Ever-Glory International Group, Inc.
Based in Nanjing, China, Ever-Glory International Group, Inc. is a retailer of branded fashion apparel and a leading global apparel supply chain solution provider. Ever-Glory is the first Chinese apparel Company listed on the American Stock Exchange (now named as NYSE MKT) in July 2008 and then transferred to The NASDAQ Global Market on December 31, 2015. Ever-Glory offers apparel to woman in China under its own brands "La go go", "Velwin"and "idole" and "Jizhu". Ever-Glory is also a leading global apparel supply chain solution provider with a focus on middle-to-high end casual wear, outerwear, and sportswear brands. Ever-Glory services a number of well-known brands and retail stores by providing a complete set of supply chain management services, including: fabric development and design, sampling, sourcing, quality control, manufacturing, logistics, customs clearance and distribution.
View original content:
SOURCE Ever-Glory International Group, Inc.
|
https://www.whsv.com/prnewswire/2022/04/08/ever-glory-report-fourth-quarter-2021-earnings-april-13-2022/
| 2022-04-08T11:32:59Z
|
MADISON, Wis., April 8, 2022 /PRNewswire/ -- Exact Sciences Corp. (Nasdaq: EXAS), a leader in advanced cancer diagnostics, today announced that the company plans to release its first quarter 2022 financial results after the close of the U.S. financial markets on April 26, 2022. Following the release, company management will host a webcast and conference call at 5 p.m. ET to discuss financial results and business progress.
First quarter 2022 webcast & conference call details
An archive of the webcast will be available at www.exactsciences.com. A replay of the conference call will be available by calling 800-770-2030 domestically or +1 647-362-9199 internationally. The access code for the replay of the call is 4437608. The webcast, conference call, and replay are open to all interested parties.
About Exact Sciences Corp.
A leading provider of cancer screening and diagnostic tests, Exact Sciences relentlessly pursues smarter solutions providing the clarity to take life-changing action, earlier. Building on the success of Cologuard and Oncotype tests, Exact Sciences is investing in its product pipeline to support patients before and throughout their cancer diagnosis and treatment. Exact Sciences unites visionary collaborators to help advance the fight against cancer. For more information, please visit the company's website at www.exactsciences.com, follow Exact Sciences on Twitter @ExactSciences, or find Exact Sciences on Facebook.
Contact:
Megan Jones
Exact Sciences Corp.
meganjones@exactsciences.com
608-535-8815
View original content to download multimedia:
SOURCE Exact Sciences Corporation
|
https://www.whsv.com/prnewswire/2022/04/08/exact-sciences-schedules-first-quarter-2022-earnings-call/
| 2022-04-08T11:33:06Z
|
The Iconic Easter Brand Offers New Ways for Fans to Celebrate the Season
BETHLEHEM, Pa., April 8, 2022 /PRNewswire/ -- Spring just got a whole lot sweeter! Ahead of the Easter season, the PEEPS® Brand is teaming up with a wide range of new and returning partners to bring its iconic Marshmallow Chicks and Bunnies to fans in exciting new forms. From colorful collabs with well-known beauty brands, to tasty treats, cuddly new offerings and more, there's a way for every-bunny to express their PEEPSONALITY® this season!
"The PEEPS® Brand is excited to share brand new ways fans can make even more Springtime traditions with PEEPS® through fun and vibrant partnerships," said Caitlin Servian, Brand Manager for PEEPS®. "Our Marshmallow Chicks and Bunnies have truly become an essential part of the Spring and Easter seasons, which is why we continue to explore unexpected collaborations that help to elevate the PEEPS® experience. This allows fans to incorporate the brand into a variety of seasonal celebrations."
Need a makeover this Spring? Bring the classic marshmallow confection right to your fingertips with the new Sally Hansen Insta-Dri® X PEEPS® Collection, which features seven nail polish shades inspired by the fluffy treat. Or try a festive new look with the ColourPop x PEEPS® Collection, featuring the brand's Glossy Lip and Super Shock Shadow products in shades that emulate vibrant PEEPS® colors.
Marshmallow lovers seeking a cuddly companion can snuggle up to a sweet friend this Spring as the PEEPS® Brand returns to Build-A-Bear Workshop! Featuring new Lavender, Orange, and Green PEEPS® Bunnies, a larger-than-life Giant PEEPS® Bunny and PEEPS®-inspired accessories, this collection is an adorable addition to any Easter celebration.
For those seeking the recognizable taste of PEEPS® Marshmallow in new forms, Cold Stone Creamery is offering PEEPS® lovers a few indulgent treats with its PEEPS® Marshmallow Flavored Ice Cream, Creation® and Shake, made with Whipped Topping and Blue Sugar Crystals and topped with a Yellow PEEPS® Marshmallow Chick. Fans can also create lasting memories in the kitchen this Spring by baking one of six new recipes made in collaboration with the baked-good experts at Duncan Hines®.
The PEEPS® Brand is also offering fans the chance to bring their sweetest cravings to life through My PEEPS™, a made-to-order dozen of personalized Marshmallow Chicks including a variety of delicious dipping options. Hop to it, the last order date for guaranteed delivery for Easter is April 11th.
For a first-hand tutorial on how to create PEEPS® recipes or crafts, DIY-ers can tune into the brand's Instagram for PEEPSONALITY® Live! The virtual series is back and better than ever this year with even more festive activities that are perfect for the whole family. Fans can tune into the final episode on April 12 at 6:30PM EST to learn how to make seasonal memories with DIY expert Emily Hutchinson (@the_hutch_oven). Previously aired episodes featuring craft and recipe creators such as Kara Whitten (@kailochic), Chef Rebekah of @realduncanhines and Melody of @melodyinthemaking will also be saved to the brand's IGTV and YouTube channel for viewers to enjoy throughout the season.
Don't forget to express your #PEEPSONALITY by snapping and sharing pictures and videos of how you enjoy PEEPS® Chicks and Bunnies, tagging @PEEPSBRAND on social media. Be sure to follow @PEEPSBRAND to stay up to date on the latest and greatest PEEPS® offerings and check out sweet brand giveaways leading up to Easter.
For even more sweet craft and recipe inspiration, visit www.peepsbrand.com. To purchase PEEPS® Candy and merchandise, fans can shop online at www.peepsandcompany.com.
For high-res visual assets showcasing the PEEPS® collaborations, click here.
About Just Born Quality Confections:
Just Born Quality Confections is a third-generation family-owned candy manufacturer with its purpose to bring sweetness to people's lives. Just Born is the maker of some of America's most beloved and iconic brands – PEEPS®, MIKE AND IKE®, HOT TAMALES® and GOLDENBERG'S® PEANUT CHEWS®. In 1923, the founder, Sam Born, opened a small candy shop in Brooklyn, New York, where he marketed the freshness of his daily-made candy with a sign that declared, "Just Born." Together with Born's brothers-in-law, Irv and Jack Shaffer, the company thrived and, in 1932, moved its operations to Bethlehem, PA where it has grown to become one of the largest candy companies in the US by giving back to the community, being good environmental stewards and creating a culture where people want to work. For more information, please visit www.justborn.com (and see the breadth of candy and high-quality branded items at www.peepsandcompany.com) Follow us: facebook.com/JustBornInc, twitter.com/JustBornInc.
View original content to download multimedia:
SOURCE Just Born Quality Confections
|
https://www.whsv.com/prnewswire/2022/04/08/express-your-peepsonality-this-spring-with-adorable-peeps-chicks-bunnies/
| 2022-04-08T11:33:13Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Meta Platforms, Inc. (NASDAQ: FB).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/meta-platforms-inc-loss-submission-form/?id=25687&from=4
The lawsuit seeks to recover losses for shareholders who purchased Meta Platforms, Inc. between March 2, 2021 and February 2, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 9, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Meta Platforms, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Apple's iOS privacy changes were having a material impact on Meta's ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta's mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/fb-shareholder-alert-jakubowitz-law-reminds-meta-platforms-inc-shareholders-lead-plaintiff-deadline-may-9-2022/
| 2022-04-08T11:33:19Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Fennec Pharmaceuticals Inc. (NASDAQ: FENC).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/fennec-pharmaceuticals-inc-loss-submission-form-2/?id=25673&from=4
The lawsuit seeks to recover losses for shareholders who purchased Fennec between May 28, 2021 and November 26, 2021.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 11, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Fennec Pharmaceuticals Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Fennec had not successfully remediated, and overstated its efforts to remediate, issues with the manufacturing facility of its drug product manufacturer for PEDMARK, a new compound developed to reduce the incidence of hearing loss in children undergoing chemotherapy; (ii) as a result, the Food and Drug Administration likely to approve the Resubmitted Pedmark New Drug Application ("NDA"); (iii) accordingly, the regulatory and commercial prospects of the Resubmitted Pedmark NDA were overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/fenc-shareholder-alert-jakubowitz-law-reminds-fennec-shareholders-lead-plaintiff-deadline-april-11-2022/
| 2022-04-08T11:33:26Z
|
GOTHENBURG, Sweden, April 8, 2022 /PRNewswire/ -- Since the war in Ukraine started and sanctions were imposed, all sales, service and production in Russia have been suspended. The Volvo Group has total assets of approximately SEK 9 billion related to Russia, of which approximately SEK 6 billion is cash items that could be materialized over the coming years. In the first quarter 2022, assets amounting to approximately SEK 4 billion will be provided for and have a negative impact on operating income, primarily in the Financial Services segment.
In 2021, approximately 3% of the Group's net sales were attributable to Russia.
The Volvo Group expresses its deepest sympathy with all the people suffering due to the devastating war in Ukraine and is committed to supporting affected employees, families and communities.
Journalists wanting further information, please contact:
Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29
This information is information that AB Volvo (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 7.30 a.m. CEST on April 8, 2022.
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 95.000 people and serves customers in more than 190 markets. In 2021, net sales amounted to about SEK 372 billion (EUR 37 billion). Volvo shares are listed on Nasdaq Stockholm.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE AB Volvo
|
https://www.whsv.com/prnewswire/2022/04/08/financial-impact-volvo-group-due-war-ukraine/
| 2022-04-08T11:33:33Z
|
Holland America Line's Koningsdam Calls at Victoria and Vancouver April 9 and 10 with local governments holding celebratory events
SEATTLE, April 8, 2022 /PRNewswire/ -- Holland America Line will be the first cruise line to return to Canadian cruising following a more than two year industrywide pause due to the global COVID-19 pandemic. Koningsdam will call at Victoria, British Columbia, Saturday, April 9, restarting the cruise industry in Canada. The following day the ship will end its current seven-day cruise at Port of Vancouver, its homeport for the summer Alaska season.
"We are thrilled to be the first cruise line back into Canada after such a long absence, and we look forward to celebrating a great moment for everyone who loves to travel and for those in Canada and Alaska whose livelihoods depend on tourism," said Gus Antorcha, president of Holland America Line. "Holland America Line has a robust schedule of cruises that explore Canadian ports on both coasts with Alaska, Hawaii, transatlantic and Canada and New England itineraries."
Koningsdam's call at Victoria marks 905 days since a cruise ship has visited the port, and it also will be a maiden call for the ship. To mark the milestones, Antorcha and local government officials will be on hand in both Victoria and Vancouver to celebrate the return to Canadian cruising and address the importance Canada and Alaska to Holland America Line.
In 2022, six Holland America Line ships will call at Victoria and Vancouver for the Alaska cruise season. In total, the six ships will make 45 calls at Victoria and bring nearly 75,000 guests to the port, and 76 cruises begin or end at Vancouver, welcoming approximately 140,000 guests.
For Canada and New England cruising on the East Coast, two ships return in May and cruise between Boston, Massachusetts, and Quebec City or Montreal, Quebec. Nieuw Statendam and Zaandam offer itineraries ranging from seven to 24 days to more than 12 Canadian ports.
In total for 2022, Holland America Line operates 141 cruises on eight ships in Canada with more than 250,000 guests visiting both coasts.
For more information about Holland America Line, consult a travel advisor, call 1-877-SAIL HAL (877-724-5425) or visit hollandamerica.com.
Editors note: Video from Koningsdam's current voyage to Canada, a soundbite from the ship's captain and photos are available at https://www.cruiseimagelibrary.com/c/lfa1asxe.
Find Holland America Line on Twitter, Facebook and the Holland America Blog. Access all social media outlets via the home page at hollandamerica.com.
About Holland America Line [a division of Carnival Corporation and plc (NYSE: CCL and CUK)]
Holland America Line has been exploring the world since 1873 and was the first cruise line to offer adventures to Alaska and the Yukon nearly 75 years ago. Its fleet of premium ships visits nearly 400 ports in 114 countries around the world, offering an ideal mid-sized ship experience. A third Pinnacle-class ship, Rotterdam, joined the fleet in July 2021.
The leader in premium cruising, Holland America Line's ships feature innovative initiatives and a diverse range of enriching experiences focused on destination exploration and personalized travel. The best live music at sea fills each evening at Music Walk, and dining venues feature exclusive selections from Holland America Line's esteemed Culinary Council of world-famous chefs.
View original content to download multimedia:
SOURCE Holland America Line
|
https://www.whsv.com/prnewswire/2022/04/08/first-cruise-ship-set-return-canada-country-reopens-cruising-after-two-year-absence/
| 2022-04-08T11:33:41Z
|
First Lady to Celebrate Today's Youngest Generation,
with a Special Message to Military Children in Honor of Month of the Military Child
Miranda Cosgrove and Rob Gronkowski to Co-Host Live Show
on Saturday, April 9, at 7:30 p.m. (ET/PT)
Share It: @Nickelodeon @KidsChoiceAwards #KCA
Click HERE to download photos and click HERE to embed video.
HOLLYWOOD, Calif., April 8, 2022 /PRNewswire/ -- The First Lady of the United States, Dr. Jill Biden, will make a special appearance during Nickelodeon's Kids Choice Awards 2022 on Saturday, April 9, at 7:30 p.m. (ET). With an introduction by KCA co-host Miranda Cosgrove, the First Lady will speak to the resilience of today's youngest generation, especially children of military members and veterans, and encourage America's youth to keep growing, learning, and giving back to their communities.
"The First Lady has long proven her commitment to youth and to families and we are so honored to have her on this year's Kids' Choice Awards. Whether as an educator, mother, grandmother or champion of military families, Dr. Biden's compassion and advocacy have been a defining characteristic throughout her time in public service," said Marva Smalls, Executive Vice President, Global Head of Inclusion and Executive Vice President, Public Affairs.
The First Lady's appearance at the Kids' Choice Awards takes place during Month of the Military Child, which provides an opportunity to recognize and thank the children of our service members and veterans. As First Lady, Dr. Biden leads the White House's Joining Forces initiative, which is focused on supporting the military and veteran families, caregivers, and survivors. In recognition of the Month of the Military Child, the KCA audience will include more than 45 Southern California military children and their families associated with the Elizabeth Dole Foundation and the Armed Services YMCA.
Hosted by actress Cosgrove and NFL superstar Rob Gronkowski, and featuring show-stopping performances from Grammy® Award-winning musician and multiplatinum recording artist Kid Cudi and chart-topping, multiple Grammy® Award-nominated rapper Jack Harlow, Nickelodeon's Kids' Choice Awards 2022 will showcase fan-favorite stars across the worlds of film, television, music, sports and more.
The night will also feature: 1,000 epic slimings; Nick's signature orange blimp, and its journey into the metaverse with celebrity avatars; live voting, where fans stay in control; and the ability for viewers to stream the show live across all platforms. Nickelodeon's Kids' Choice Awards 2022 will simulcast across Nickelodeon, TeenNick, Nicktoons and the Nick Jr. channel.
Nickelodeon's Kids' Choice Awards 2022 is produced by Nickelodeon Productions and overseen by Ashley Kaplan, Executive Vice President, Nickelodeon & Awesomeness Unscripted & Digital Franchise Studio; Paul J Medford, Vice President, Unscripted Current Series; Luke Wahl, Vice President, Unscripted Creative; and Jennifer Bryson, Vice President, Production, Tentpoles, Events & Music & Specials. Michael Dempsey serves as executive producer, with Magda Liolis, Andria Parides, Kathryn Rickey and Greg Sills serving as co-executive producers. The show is directed by Glenn Weiss.
Nickelodeon, now in its 43rd year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The brand includes television programming and production in the United States and around the world, plus consumer products, digital, location-based experiences, publishing and feature films. For more information or artwork, visit http://www.nickpress.com. Nickelodeon is a part of Paramount's (Nasdaq: PARA, PARAA) global portfolio of multimedia entertainment brands.
View original content:
SOURCE Nickelodeon
|
https://www.whsv.com/prnewswire/2022/04/08/first-lady-united-states-jill-biden-make-special-appearance-during-nickelodeons-kids-choice-awards-2022/
| 2022-04-08T11:33:47Z
|
Institutional Strategy Receives Top Climate Fund Award for Environmental Rating and Performance
CAMAS, Wash., April 8, 2022 /PRNewswire/ -- Fisher Investments was recently recognized by CDP with their "Climetrics" Top Climate Fund Award. The Fisher Investments Institutional Emerging Markets Responsible Equity ex Fossil Fuels strategy was one of the top emerging markets strategies recognized by CDP for the second consecutive year. CDP is the leading global organization measuring the environmental effects of companies, investment funds, cities, regions, and countries.
The annual Climetrics Fund Awards recognize leading Global, European, US and Emerging Markets equity funds for environmental performance. CDP selects winners from more than 18,000 funds based on their underlying "Climetrics" scores, which consider fund portfolio holdings, investment policy and governance of environmental issues.
"We are honored to be recognized by CDP in consecutive years," said Aaron Anderson, Senior Vice President of Research at Fisher Investments. "We welcome the opportunity to work with clients seeking compelling investment opportunities across developing economies, while promoting positive environmental practices with an emphasis on climate."
"We are proud to be recognized with this important award," added Justin Arbuckle, Senior Executive Vice President of Fisher Investments' Institutional Investment Group. "We believe this recognition is a reflection of Fisher Investments' commitment to develop strategies that meet our clients' investment, social and environmental goals."
Fisher Investments' Climetrics-recognized strategy utilizes a top-down investment process which seeks to deliver strong returns while offering investors increased exposure to the UN's Sustainable Development Goals with low carbon intensity.
Fisher Investments is an independent, fee-only investment adviser. As of 12/31/2021, Fisher Investments and its subsidiaries manage over $208 billion in assets globally—over $163 billion for private investors, $42 billion for institutional investors and $2 billion for US small to mid-sized business retirement plans. Fisher Investments maintains four principal business groups: US Private Client, Institutional, Private Client International and 401(k) Solutions, which serve a global client base of diverse investors. Not all strategies are offered in all jurisdictions or to all business groups. Founder and Executive Chairman Ken Fisher wrote the Forbes "Portfolio Strategy" column from 1984 through 2016, making him the longest continuously running columnist in the magazine's history. In recent years, Ken's columns have run consistently in major media outlets across almost every Western European country as well as material Asian countries, spanning more countries and more volume than any other columnist of any type in history. Ken has also authored 11 books, including four New York Times bestsellers on finance and investing. For more information on Fisher Investments, please visit www.fisherinvestments.com.
View original content to download multimedia:
SOURCE Fisher Investments
|
https://www.whsv.com/prnewswire/2022/04/08/fisher-investments-wins-climetrics-award/
| 2022-04-08T11:33:54Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Homology Medicines, Inc. (NASDAQ: FIXX).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/homology-medicines-inc-loss-submission-form/?id=25692&from=4
The lawsuit seeks to recover losses for shareholders who purchased Homology between June 10, 2019 and February 18, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 24, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Homology Medicines, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated the efficacy and risk mitigation of its lead product candidate, HMI-102; (ii) accordingly, it was unlikely that the Company would be able to commercialize HMI102 in its present form; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/fixx-shareholder-alert-jakubowitz-law-reminds-homology-shareholders-lead-plaintiff-deadline-may-24-2022/
| 2022-04-08T11:34:00Z
|
LIMA, Peru, April 7, 2022 /PRNewswire/ -- Fondo MIVIVIENDA S.A. ("FMV" or the "Fund"), today announced the tender results of its previously announced offer to purchase for cash (the "Tender Offer") any and all of its outstanding 3.500% Notes due 2023 (the "Notes"). The Tender Offer was made upon the terms and subject to the conditions set forth in the offer to purchase dated March 31, 2022 (the "Offer to Purchase") and a related notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents").
As previously announced, the expiration time for the Tender Offer was 5:00 p.m., New York City time (4:00 p.m., Lima time), on April 7, 2022, (such date and time, the "Expiration Time"). As of the Expiration Time, U.S.$477,012,000 in aggregate principal amount of the Notes had been validly tendered and not validly withdrawn pursuant to the Tender Offer (excluding U.S.$202,000 in aggregate principal amount of the Notes that were tendered pursuant to the Guaranteed Delivery Procedures). The settlement of the Tender Offer is expected to occur on April 12, 2022 (the "Settlement Date").
The table below sets forth the aggregate principal amount of Notes validly tendered and not validly withdrawn at or prior to the Expiration Time, and accepted for purchase:
Upon the terms and subject to the conditions of the Tender Offer set forth in the Offer Documents, all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time have been accepted for purchase. Holders of Notes whose Notes have been accepted for purchase will receive the purchase price described in the table above plus Accrued Interest.
All conditions described in the Offer to Purchase including the Financing Condition (as such term is defined in the Offer to Purchase), have been satisfied on or prior to the Expiration Time.
The total cash payment to purchase on the Settlement Date the Notes validly tendered and accepted for purchase (excluding U.S.$202,000 in aggregate principal amount of the Notes that were tendered pursuant to the Guaranteed Delivery Procedures), including Accrued Interest and any additional amounts thereon, will be approximately U.S.$486,361,435.20.
Interest will cease to accrue on the Settlement Date for all Notes purchased in the Tender Offer. Following payment for the Notes accepted pursuant to the terms of the Tender Offer, FMV may, but is not obligated to, redeem all or a portion of the Notes that remain outstanding in accordance with the terms of the indenture governing the Notes. None of the Offer Documents nor this press release constitute a notice of redemption or an obligation to issue a notice of redemption.
The tender agent and information agent for the Tender Offer is Global Bondholder Services Corporation. To contact the tender agent and information agent, banks and brokers may call (212) 430-3774, and others may call U.S. toll-free: (855) 654-2014 or email contact@gbsc-usa.com. Additional contact information is set forth below.
The dealer managers for the Tender Offer are:
This press release is for informational purposes only and does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. The Tender Offer was made only by and pursuant to the terms of the Offer Documents, and the information in this notice is qualified by reference to the Offer to Purchase and the Notice of Guaranteed Delivery.
This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. No assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions. FMV assumes no obligation to update or correct the information contained in this press release.
View original content:
SOURCE Fondo MIVIVIENDA S.A.
|
https://www.whsv.com/prnewswire/2022/04/08/fondo-mivivienda-sa-announces-results-cash-tender-offer-any-all-its-outstanding-us650000000-aggregate-principal-amount-3500-notes-due-2023/
| 2022-04-08T11:34:07Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Gatos Silver, Inc. (NYSE: GATO).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/gatos-silver-inc-loss-submission-form/?id=25679&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Gatos: (a) common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020; and/or (b) securities between October 28, 2020 and January 25, 2022, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 25, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Gatos Silver, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) among other things, the mineral reserves had been overestimated by as much as 50%; and (3) 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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/gato-shareholder-alert-jakubowitz-law-reminds-gatos-shareholders-lead-plaintiff-deadline-april-25-2022/
| 2022-04-08T11:34:14Z
|
BEIJING, April 8, 2022 /PRNewswire/ -- The digital economy is influencing the global economy. According to IDC, the output value of the digital economy will account for 62% of the global GDP by 2023, when the world will enter a new era of digital economy in an accelerated way.
China's 14th Five-Year Plan (2021-2025) clearly proposes to "strengthen overall planning for the Digital China initiative and encourage development of the digital economy". As a leading city in the development of the digital economy, Beijing is actively implementing China's overall strategic plan, circling around the accelerated release of the new vitality of the digital economy.
As a platform to gather global digital resources, the Global Digital Economy Innovation Competition (GDEIC for short) 2022 will be grandly launched in Beijing on April 7 to promote the deep integration of digital technology and real economy, stimulate the innovation vitality of enterprises, and help the development of Beijing's digital economy industry.
As an important part of the Global Digital Economy Conference 2022, the GDEIC is jointly organized by Beijing Municipal Bureau of Economy and Information Technology, Chaoyang District People's Government of Beijing Municipality and Asia Digital Group. With the theme of "Scientific and Technological Innovation Empowers Industry – A New Pattern of Digital Economy", the competition, based on internationalization, specialization and industrialization, renders the overall competition structure of "1 + 5 + N", that is, one final and five sub races, as well as supporting exhibitions, industrial matching and cloud competition. The global final will be staged at China National Convention Center in Beijing at the end of July 2022.
Gather Global Power to Embrace New Areas of Cooperation
Since its inception, the GDEIC aims to serve China's digital economy strategy and link global high-quality innovation resources. It has become a significant exchange and cooperation platform for technologies, achievements, and enterprises, all with innovation, of global digital economy.
Based on the new development trend of global digital economy industry, the GDEIC 2022 brings together cutting-edge technologies in the field of digital economy, high-level digital projects and international venture capital institutions to realize the industrial and capital matching of international high-end innovation resources, global capital and China's innovation carriers, so as to promote the digital economy to better serve and integrate into the new development pattern.
Adhering to the global vision and international standards, the competition adopts the combination of online and offline, and is open for over 30 global cutting-edge innovative countries including Germany, the United Kingdom, France, Singapore, Israel, Italy and New Zealand, as well as first-class innovative cities in China. The selection criteria for projects will center on the hot issues, key points and difficulties in the development of the global digital economy. Innovation projects that are leading and promising in the field of digital economy will be cherry-picked from key industries such as the new generation of information technology, digital health, digital culture and sports, digital low carbon, digital consumption, and digital manufacturing. Specifically, 20 sub-sectors are included, for example, artificial intelligence, block chain, network security, digital life and health, digital new media, digital sports, new energy, digital environmental protection, Guochao and intelligence, integrated circuits, industrial Internet and spatial geography. International, diverse and high-quality interactions can be formed by gathering high-quality projects from different countries and regions, so as to create more transnational and cross-regional cooperation.
The competition creates a brand-new atmosphere via advanced digital technology. In detail, a highly futuristic event will be presented on site with the help of digital technology while the online platform enables participating projects to be involved in exhibitions and conduct communication and matching through dynamic display, online conference, webcast and other technical means to break space-time restriction.
Seek New Engergy for Pioneering Development
China is actively expanding digital industry and promoting digital transformation of traditional industries, guiding the deep integration of digital economy and real economy, and propelling high-quality economic development.
As one of the international events hosted at the highest organizational level in the field of digital economy in China, executives from more than 200 global head investment institutions such as IDG Capital, Sequoia Capital, SBCVC, ASBV and GSR Ventures will be invited as investment mentors. Meanwhile, experts, scholars and industry elites in this field will be invited to participate in the competition. The investment mentors, from the perspective of capital, will guide and evaluate the participating projects from multiple dimensions such as global market analysis, industry insight, business model, technical direction, development skills and market promotion. Guests here expound points of view in terms of the development in digital economy and discuss the trend of digital economy industry in combination with the theme of the event.
Strengthening industry matching and promoting the implementation of projects are the focus of this competition. For this purpose, a series of activities such as policy promotion, industry matching and exchange, and visits to enterprises will be arranged to build a bridge of communication for the government, enterprises, capital, and innovative projects, so as to accelerate the implementation of the projects, and realize the digital transformation of traditional industries. Leading enterprises such as state-owned enterprises, Fortune 500 enterprises, and industry leaders will conduct one-to-one exclusive matching with participating companies, and make every effort to promote the entry of participating projects to Beijing and help build a new engine of the digital economy. The full participation, from the competition to the supporting activities, of investment institutions will channel more opportunities to participating projects to interact with capital.
Channel Favorable Resources to Arract Future Unicorns to Jointly Create a Better Future
As a benchmark event for digital economy entrepreneurship, the GDEIC serves as a platform for communication and resource sharing to promote the support policies for innovative projects and high-end talents in the host city of the competition, and facilitate the high-quality development of Beijing's digital economy industry.
It is worth noting that Chaoyang District, Beijing, where the final of the competition will be held, is seizing the opportunity of a new round of technological revolution and industrial transformation and actively integrating into the Digital China initiative by cooperating with the construction of Beijing into a benchmark city for the global digital economy, and making every effort to promote digital optimization and upgrading in various fields. High-quality construction of Beijing's IN.GEN Center and enhancement of industrial clusters including artificial intelligence, integrated circuits, industrial Internet, network information security, and spatial geographic information make for the construction of Beijing's Digital Economic Computing Power Center, the expansion of the digital consumer market, and the transformation and upgrading of trade in digital services to further enhance regional core functions and competitive advantages. The sound entrepreneurial environment for digital economy in Chaoyang District will help the participating projects develop and achieve greater achievements. The competition will set up a reward mechanism to support winners in multiple dimensions.
The digital economy has become a new driving force for global economic development. The Global Digital Economy Innovation Competition 2022 will bring together the upward forces of the digital economy era to help accelerate the development of the digital economy industry and create a better digital future.
Registration: https://www.wjx.top/vj/YszuZ1J.aspx
View original content:
SOURCE Asia Digital Group
|
https://www.whsv.com/prnewswire/2022/04/08/global-digital-economy-innovation-competition-2022-kicks-off-digital-elites-accelerate-industry-development/
| 2022-04-08T11:34:20Z
|
- GoImpact fills the market gap by offering the much-needed education crafted by world-class experts in Sustainable Finance and ESG.
- GoImpact experiences exponential growth; its learning courses have extended reach across APAC and Middle East.
- Founded by visionary industry veterans, GoImpact is on a mission to set to bridge the great divide between talk and action on ESG practice, and drive the sustainability agenda forward.
HONG KONG, April 8, 2022 /PRNewswire/ -- GoImpact, an ESG and Sustainable Finance start-up, today announced the closing of its Series-A round fund-raising, at a valuation of US$ 22 Million, tripling that of the last round. The investors comprised a Hong Kong listed company, Oriental Watch Holdings Limited ("Oriental Watch Group"; Stock Code: 0398.HK), and a leading Hong Kong based private investor. The support from these prominent investors is a recognition of GoImpact's unique strategy in driving ESG adoption in Asia, and closing the knowledge gap in ESG and Sustainable Finance.
Awareness in ESG and Green/Sustainable Finance has heightened in recent years, further exacerbated by the much-followed outcome from the COP26 meeting last year. GoImpact is on a mission to drive the sustainability agenda forward, bridging the knowledge gap between talk and action. GoImpact offers the best ESG learning experience in the market, providing case-based, experiential learning courses which are crafted and delivered by a group of world-class experts in sustainable finance and ESG. GoImpact's learning framework includes synchronized and asynchronized learning programmes and workshops. The Learning courses are structured to align with the17 United Nations SDGs (Sustainable Development Goals), in 5 key areas, namely Climate, Education, Health, Inclusion and Biodiversity. Courses offered by GoImpact are recognized on accredited platforms in Hong Kong and the region, and include Certificate Programs with Executive-training academy of prominent universities in Asia. In a short period of time, GoImpact's geographic reach has extended to 5 countries in the Asia Pacific, including Hong Kong, Singapore, Thailand, India and the United Arab Emirates.
"GoImpact has made impressive strides over the past year," Mr. Dennis Yeung, Chairman and Managing Director of Oriental Watch Group, commenting on the investment. "The company's clever position to tackle the underserved ESG education market promises tremendous growth potential. We applaud GoImpact's determination to challenge the status quo and create cultures that have the power to transform companies by truly embracing ESG commitments. At Oriental Watch Group, our business depends heavily on the global supply chain. ESG risks such as corporate governance, occupational health, waste reduction, employee safety are of utmost importance to ensure we have a sustainable business. We are delighted to support a promising young company which has the foresight in driving ESG adoption, and providing the necessary knowledge to enable C-suites and executives to implement sustainable strategies for their companies."
GoImpact is founded by finance industry veterans Ms. Helene Li and Mr. Clarence T'ao, and a serial entrepreneur, Mr. Andy Ann, in 2020. With a forward-looking vision, the founders of GoImpact set their sights on the huge potential of ESG and began building an ESG ecosystem before ESG was brought to the spotlight. In 2 years' time, GoImpact established a highly regarded education network consisting top ESG and industry experts, prominent higher-education institutions, industry bodies, financial institutions, large corporations and governmental agencies across Asia-Pacific and the Middle East. The Company, acting as an influential ESG industry "thought-leader", part-takes in and co-host visible industry seminars to drive ESG adoption.
"GoImpact is solving a massive pain point for the fast-growing and highly underserved market of education in ESG," said Ms. Helene Li, CEO and Co-Founder of GoImpact. "We are thrilled to have Oriental Watch Group, a prominent Hong Kong private investor to be our Series A investors. The financial support from veteran investors of this caliber and sophistication is an acknowledgement of our business strategy growth potential of GoImpact."
"One of the unique advantages of GoImpact is that we are able to bring widely-acclaimed ESG industry players to share their real-life experiences and deliver a differentiated case-based learning experience to market professionals and industry leaders who will shape the future of Asia," added Mr. Clarence T'ao, Co-Founder of GoImpact. "Our core team and Advisory Board consist of business leaders with vast connections in the corporate world and deep expertise in ESG and Sustainability Finance. We are able to benefit from the experience and resources from these extremely talented individuals, which enabled us to accelerate the business growth in an astonishing pace."
"We are looking for expanding our global footprint," said Mr. Andy Ann, Co-Founder of GoImpact. "The funds we raised will allow an expansion of the team in Hong Kong and around the world. In the future, GoImpact will continue to seek partnership with leading institutions and organizations to further our influence on a global scale."
Apart from ESG education, GoImpact also engages in other areas to mainstream and drive the sustainability agenda forward. The company is currently building an ESG ecosystem based on 3 key pillars, namely GoLearn (education), GoNetwork (structured advocacy) and GoInvest (deal flow platform for sustainable investments), to enable actions on sustainable development.
About GoImpact
Bridging the great divide between the talk and action, accelerating the Sustainable Development agenda from intention to implementation – GoImpact means impact made easy and actionable.
GoImpact is an ecosystem developed to connect the dots and provide action enablers built around 3 key pillars – GoLearn (education); GoNetwork (structured advocacy); GoInvest (deal flow platform for sustainable investments). Through its partners network with online-to-offline initiatives, GoImpact connects investors with deals relevant to their interests and provide learning opportunities to drive real change by example for everyone who is keen to understand more about the Sustainable Finance agenda.
View original content:
SOURCE Oriental Watch Holdings Limited; GoImpact Capital Partners
|
https://www.whsv.com/prnewswire/2022/04/08/goimpacts-series-a-round-fund-raising-closed-valuation-us-22-million/
| 2022-04-08T11:34:27Z
|
SÃO PAULO, April 7, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL e B3: GOLL4), ("GOL" or "Company"), Brazil's largest domestic airline, in addition to the Material Fact disclosed on September 15, 2021, and February 7, 2022, announces that on the date hereof its board of directors approved a capital increase of up to 67,347,010 preferred shares in the amount of R$2,873,696,916.70 and a minimum of 22,224,513 preferred shares in the amount of R$948,319,969.71 (the "Capital Increase").
In the context of the Capital Increase, the shareholders of the Company are entitled to pro rata preemptive in the subscription of preferred shares and may assign such preemptive rights to third parties. The exercise period of the preemptive rights shall be thirty (30) calendar days from April 13, 2022 (including this date), to May 13, 2022 (including this date). The right to proportionally subscribe for preferred shares according to the preemptive rights referred to in this release has not been registered with the U.S. Securities and Exchange Commission and will not be offered or extended absent registration or an applicable exemption from registration requirements.
The information on the capital increase, including the procedures for the exercise of the preemptive rights by the shareholders, are described in the Notice to the Shareholders disclosed today by the Company and available on the websites of CVM (www.cvm.gov.br), B3 (www.b3.com.br) and the Company (www.voegol.com.br/ri)
About GOL Linhas Aéreas Inteligentes S.A.
GOL is Brazil's largest airline, leader in the corporate and leisure segments. Since its founding in 2001, it has been the airline with the lowest unit cost in Latin America, which has enabled the democratization of air transportation. The Company has alliances with American Airlines and Air France-KLM, in addition to making available to Customers many codeshare and interline agreements, bringing more convenience and ease of connections to any place served by these partnerships. With the purpose of "Being First for Everyone", GOL offers the best travel experience to its passengers, including: the largest inventory of seats and the most legroom; the most complete platform with internet, movies and live TV; and the best loyalty program, SMILES. In cargo transportation, GOLLOG delivers parcels to various regions in Brazil and abroad. The Company has a team of 15,000 highly qualified airline professionals focused on Safety, GOL's number one value, and operates a standardized fleet of 127 Boeing 737 aircraft. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.
View original content:
SOURCE GOL Linhas Aéreas Inteligentes S.A.
|
https://www.whsv.com/prnewswire/2022/04/08/gol-announces-capital-increase/
| 2022-04-08T11:34:34Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Grab Holdings Limited (NASDAQ: GRAB).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/grab-holdings-limited-loss-submission-form/?id=25690&from=4
The lawsuit seeks to recover losses for shareholders who purchased Grab Holdings between November 12, 2021 and March 2, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 16, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Grab Holdings Limited issued materially false and/or misleading statements and/or failed to disclose that: (1) Grab's driver supply declined during the third quarter; (2) as a result, Grab continued to invest heavily in driver and consumer incentives to "preemptively recalibrate driver supply"; (3) as a result, the Company's financial results would be adversely impacted, including, among other things, a significant decline in revenue; and (4) 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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/grab-shareholder-alert-jakubowitz-law-reminds-grab-holdings-shareholders-lead-plaintiff-deadline-may-16-2022/
| 2022-04-08T11:34:41Z
|
LOS ANGELES, April 8, 2022 /PRNewswire/ -- WorkingNation, a nonprofit news organization reporting on the future of work, today released "Green Jobs Now: Illinois" – multimedia reports and original data showing how green jobs affect Illinois' economy and how upskilling the workforce in green ways could drive economic growth.
Illinois' recently passed Climate and Equitable Jobs Act (CEJA) should help fuel green jobs, as should a planned $1.2 trillion national infrastructure investment. In fact, the Prairie State's green economy already includes almost 31,000 workers, according to Emsi Burning Glass, the firm that collected and analyzed original data for "Green Jobs Now." Green employment demand is projected to grow another 6.5% over the next five years, faster than the national projection of 5.7%.
"We're trying to increase the percentage of solar in Illinois from 9% to 50%," Delmar Gillus Jr., chief operating officer of Elevate, a non-profit that helped develop CEJA, told WorkingNation for "Green Jobs Now." "In order to do that, you need a very significant growth in the workforce. Specific jobs would include things like solar installer, solar maintenance, solar sales, all of the support services. When you start kind of building the workforce, you're going to need more accountants, lawyers, and all of the other roles. Anything from procurement, equipment manufacturing - all of those things are going to be part of this economy."
"Green Jobs Now: Illinois" identifies the state's most in-demand green skills overall and for selected occupations, and suggests certain workers could get annual salary boosts of perhaps $1,700 or more by applying green skills, with boosts upwards of $4,000 for some positions. That demonstrates the value to workers of learning green skills and to local employment economies of having training available. In Illinois, Emsi Burning Glass estimates nearly 2 million workers, given access to training, could be reskilled into green jobs.
"Green Jobs Now: Illinois" is the latest state-focused installment of the WorkingNation/Emsi Burning Glass "Green Jobs Now" series, a data-driven journalism project to define and identify green jobs and skills, pinpoint where workers can find them, and present a vivid snapshot of the green economy. Prior installments looked at green jobs in Pennsylvania, Louisiana, Colorado, Arkansas, and nationally.
The Illinois reporting, supported by a grant from the Walton Family Foundation, includes:
- a WorkingNation.org article by Laura Aka that takes a closer look at CEJA.
- an episode of the "Work Green, Earn Green" audio podcast.
- an "I Want That Job!" video offering an inside look at a green occupation.
- an Emsi Burning Glass report detailing green jobs data and trends in Illinois.
Organizations seeking to access WorkingNation's data and experts may reach out to the contact below.
About WorkingNation
WorkingNation is a nonprofit journalism organization telling stories about solutions to the jobs skills gap disrupting our economy. Follow us on YouTube, Twitter, LinkedIn, Facebook and Instagram.
Media Contact:
Steve Delsohn
steve@delsohn.com
805-358-3318
View original content to download multimedia:
SOURCE WorkingNation
|
https://www.whsv.com/prnewswire/2022/04/08/green-jobs-now-illinois-data-driven-report-by-workingnation-examines-states-growing-green-economy/
| 2022-04-08T11:34:48Z
|
Latest version of the state machine design solution IAR Visual State adds cross-platform support for both Windows and Linux, and enables automated generation of C, C++, C# or Java code
UPPSALA, Sweden, April 8, 2022 /PRNewswire/ -- IAR Systems®, the world leader of software and services for embedded development, today announced the latest version of the graphical modeling and code generation solution IAR Visual State. The new version introduces cross-platform host support that allows IAR Visual State to run on either Linux or Windows, enabling flexible and efficient development workflows based on state machines.
Today, embedded systems are often developed by large and distributed teams with different skills. State machines and low-code development can be used as a common language for everyone in the team to understand and more efficiently build complex designs together. IAR Visual State is made specifically for embedded systems, allowing developers to use state machines in an easy, intuitive way. The solution enables teams to graphically design state machines and generate C, C++, C# or Java source code for embedded systems as well as smartphone or desktop applications, speeding up time to prototype.
With IAR Visual State, developers can graphically develop Java and C# applications in the same environment as C/C++ applications, dramatically reducing the risk of accidentally creating differences in functions as well as simplifying maintenance when developing systems containing both embedded and mobile or desktop applications. IAR Visual State also enables developers to perform simulation and validation at the same time for the different variants of the application, ensuring high-quality code and efficient project management, as well as reduce the time spent on the implementation of designs, shortening the time to market. In addition, functional safety standards, for example the IEC 61508, recommends state machines as one design method to meet higher Safety Integrity Levels (SIL).
More product information and evaluation licenses are available at www.iar.com/visualstate.
Editor's Note: IAR Systems, IAR Embedded Workbench, Embedded Trust, C-Trust, C-SPY, C-RUN, C-STAT, IAR Visual State, IAR KickStart Kit, I-jet, I-jet Trace, IAR Academy, IAR, and the logotype of IAR Systems are trademarks or registered trademarks owned by IAR Systems AB. All other product names are trademarks of their respective owners.
IAR Systems Contacts:
AnnaMaria Tahlén, Media Relations & Content Manager, IAR Systems
Tel: +46 18 16 78 00
Email: annamaria.tahlen@iar.com
Tora Fridholm, CMO, IAR Systems
Tel: +46 18 16 78 00
Email: tora.fridholm@iar.com
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE IAR Systems
|
https://www.whsv.com/prnewswire/2022/04/08/iar-systems-brings-low-code-state-machine-design-solution-linux/
| 2022-04-08T11:34:55Z
|
KARLSHAMN, Sweden, April 8, 2022 /PRNewswire/ -- The shareholders of AAK AB (publ.) are hereby invited to attend the Annual General Meeting to be held on Wednesday, May 18, 2022 at 2:00 p.m. at the premises of Malmö Arena, Hyllie Stationstorg 2 in Malmö, Sweden. The registration for the Annual General Meeting starts at 1:00 p.m.
Practical information regarding the Annual General Meeting
Notice of the Annual General Meeting is published in a press release, in Post- och Inrikes Tidningar ("the Swedish Official Gazette") and at www.aak.com. In addition, an advertisement is placed in Svenska Dagbladet. For environmental reasons, please note that the notice will not be printed and distributed by post. AAK will not provide bus transport to the Annual General Meeting as in previous years.
A. CONDITIONS FOR ATTENDANCE
Shareholders who wish to attend the Annual General Meeting must be recorded in the Shareholders' Register maintained by Euroclear Sweden AB on Tuesday, May 10, 2022, and must also notify the company of their intention to attend the Annual General Meeting not later than Thursday, May 12, 2022. The notification of attendance, which may be made in accordance with any of the alternatives specified below, shall state name, address, day-time telephone number, personal or corporate identity number, and the number of shares held. Shareholders who intend to bring assistance shall notify this within the same time limits as for the notification of their own attendance. Shareholders represented by an authorized representative should enclose a proxy in original to their notification. A proxy form is available for downloading on the company website, www.aak.com, and will also be sent by post to shareholders notifying the company and informing the company of their address. Representative of a legal entity shall submit a copy of the registration certificate or corresponding papers of authorization evidencing the persons authorized to act on behalf of the legal entity.
Address: AAK AB, c/o Euroclear Sweden AB, Box 191, SE-101 23 Stockholm, Sweden (please mark the envelope "Annual General Meeting 2022")
Telephone: +46 8 402 90 45
Website: www.aak.com
In order to participate at the Annual General Meeting, shareholders with nominee-registered shares must request their bank or broker to have the shares temporarily owner-registered with Euroclear Sweden AB. Such re-registration must be executed no later than Tuesday, May 10, 2022. The shareholders must therefore notify the nominee of their request to have the shares re-registered in due time before May 10, 2022. Voting rights registration requested by the shareholder at such time that the registration has been completed by the nominee no later than Thursday, May 12, 2022 will be taken into account in the preparation of the share register.
B. AGENDA
1. Opening of the Meeting.
2. Election of Chairman of the Meeting.
3. Preparation and approval of the voting list.
4. Approval of agenda.
5. Nomination of persons to verify the Minutes of the Meeting.
6. Determination of whether the Annual General Meeting has been properly convened.
7. Report by the Managing Director.
8. Presentation of the Annual Report, the Auditor's Report and the Consolidated Financial Statements and the Group Auditor's Report for the financial year 2021 and the statement from the company's auditor confirming compliance with the guidelines for the remuneration of senior executives that have applied since the preceding Annual General Meeting.
9. Resolutions as to:
a) adoption of the Income Statement and the Balance Sheet and the Consolidated Income Statement and the Consolidated Balance Sheet, as per December 31, 2021;
b) appropriation of the company's profit according to the adopted Balance Sheet and resolution on record date; and
c) discharge from liability of the Board of Directors and the Managing Director.
10. Determination of the number of Directors of the Board.
11. Determination of fees to the Board of Directors and auditor.
12. Election of members of the Board of Directors and auditor.
13. Proposal regarding the Nomination Committee.
14. Resolution on approval of remuneration report.
15. Proposal regarding guidelines for remuneration of senior executives.
16. Resolution on proposal of the Board of Directors for implementation of a long-term incentive program including resolutions on (A) issue of subscription warrants series 2022/2027 and (B) transfer of subscription warrants series 2022/2027 (Incentive Program 2022/2027) to replace Incentive Program 2021/2026 resolved by the Annual General Meeting 2021.
17. Proposal regarding authorization for the Board of Directors to resolve on new share issues.
18. Proposal regarding authorization for the Board of Directors to resolve on repurchase and transfer of the company's own shares.
19. Closing of the Annual General Meeting.
Election of Chairman of the Meeting (item 2)
The Nomination Committee in respect of the Annual General Meeting 2022, consisting of Chairman Märta Schörling Andreen (Melker Schörling AB), Henrik Didner (Didner & Gerge Fonder), Peter Lööw (Alecta) and Elisabet Jamal Bergström (SEB Investment Management) has proposed that Georg Brunstam shall be elected Chairman of the Annual General Meeting 2022.
Proposal regarding the appropriation of the company's profit (item 9 b)
The Board of Directors has proposed that a dividend of SEK 2.50 per share be declared for the financial year 2021. As record day for the dividend, the Board of Directors proposes Friday, May 20, 2022. If the Annual General Meeting resolves in accordance with the proposal, the dividend is expected to be distributed by Euroclear Sweden AB on Wednesday, May 25, 2022.
Proposal regarding the election of the Board of Directors, auditor and determination of fees (items 10-12)
The Nomination Committee has proposed the following:
- The number of directors shall be five without any deputy directors.
- The total fee payable to the Board of Directors shall be SEK 3,200,000 (including remuneration for committee work) to be distributed among the directors as follows: SEK 975,000 to the Chairman and SEK 425,000 to each of the other directors elected at a general meeting and not employed by the company. Remuneration for committee work shall be payable as follows: SEK 250,000 to the Chairman of the Audit Committee and SEK 125,000 to each of the other members of the Audit Committee, SEK 100,000 to the Chairman of the Remuneration Committee and SEK 50,000 to each of the other members of the Remuneration Committee. The auditor shall be remunerated in accordance with agreement.
- Re-election of the Board members Märta Schörling Andreen, Marianne Kirkegaard, Gun Nilsson, Georg Brunstam and Patrik Andersson.
- Re-election of Georg Brunstam as Chairman of the Board.
- Re-election of the accounting firm KPMG AB, for a period of mandate of one year, in accordance with the Audit Committee's recommendation, consequently up to and including the Annual General Meeting 2023, whereby the accounting firm has informed that the authorized public accountant Jonas Nihlberg will be appointed as auditor in charge.
Proposal regarding the Nomination Committee (item 13)
Shareholders, jointly representing approximately 44 percent of the shares and votes in the company as per February 28, 2022, have notified the company of their proposal regarding Nomination Committee.
Proposal regarding Nomination Committee in respect of the Annual General Meeting 2023
- The Nomination Committee shall have four members.
- Re-election of Märta Schörling Andreen (Melker Schörling AB), Henrik Didner (Didner & Gerge Fonder) and Elisabet Jamal Bergström (SEB Investment Management) and new election of William McKechnie (Alecta) as members of the Nomination Committee in respect of the Annual General Meeting 2023.
- Re-election of Märta Schörling Andreen as Chairman of the Nomination Committee.
- In case a shareholder, represented by a member of the Nomination Committee, is no longer one of the major shareholders of AAK AB, or if a member of the Nomination Committee is no longer employed by such shareholder or for any other reason leaves the Nomination Committee before the Annual General Meeting 2023, the Committee shall be entitled to appoint another representative among the major shareholders to replace such member.
Tasks of the Nomination Committee
Prior to the Annual General Meeting 2023, the Nomination Committee shall prepare and submit proposals for the election of Chairman and other members of the Board of Directors, the election of Chairman of the Annual General Meeting, fees to the Board of Directors and auditor and matters related thereto, the election of members of the Nomination Committee or principles for appointment of a Nomination Committee and, in conjunction with the Audit Committee, election of auditor and in other respects pursue the tasks that, according to the Swedish Code of Corporate Governance, are the responsibility of a nomination committee.
Approval of remuneration report (item 14)
The Board proposes that the Annual General Meeting resolves to approve the Board's remuneration report pursuant to Chapter 8, Section 53 a of the Swedish Companies Act.
Proposal regarding guidelines for remuneration to senior executives (item 15)
The Board of Directors proposes that the Annual General Meeting resolves on guidelines for remuneration to senior executives as follows.
These guidelines include the CEO and the persons who during the period the guidelines apply are included in the Group management. The guidelines are applicable to remuneration agreed, and amendments to remuneration already agreed, after adoption of the guidelines by the Annual General Meeting 2022. These guidelines do not apply to any remuneration decided or approved by the general meeting.
The guidelines' promotion of the company's business strategy, long-term interests and sustainability
AAK's business strategy is described on AAK's website, www.aak.com.
A prerequisite for the successful implementation of the company's business strategy and safeguarding of its long-term interests, including its sustainability, is that the company is able to recruit and retain qualified personnel. To this end, it is necessary that the company offers competitive remuneration. These guidelines enable the company to offer the executive management a competitive total remuneration.
Warrants programs have been implemented in the company for senior executives and key employees within the AAK Group. The programs have been resolved by the general meeting and are therefore excluded from these guidelines. For more information regarding the programs, see AAK's Annual Report 2021, note 8. The Board proposes the Annual General Meeting 2022 to resolve on the implementation of a new subscription warrants program for senior executives and key employees within the AAK Group (Incentive Program 2022/2027) to replace Incentive Program 2021/2026 resolved upon by the Annual General Meeting 2021. In total, Incentive Program 2022/2027 comprises approximately 50 senior executives and key employees within the Group. The program entails that the participants are offered to acquire subscription warrants at market value, with the option price in part subsidized by AAK. The term of the subscription warrants is five years. The program is clearly linked to the business strategy and thereby to the company's long-term value creation, including its sustainability. The general meeting resolves on implementation of the program and the program is therefore excluded from these guidelines.
Variable cash remuneration covered by these guidelines shall aim at promoting the company's business strategy and long-term interests, including its sustainability.
Types of remuneration, etc.
The remuneration shall be on market terms and may consist of the following components: fixed cash salary, variable cash remuneration, pension benefits and other benefits. Additionally, the general meeting may - irrespective of these guidelines - resolve on, among other things, share-related or share price-related remuneration.
The satisfaction of criteria for awarding variable cash remuneration shall be measured over a period of one or several years. The annual variable cash remuneration may amount to not more than 120 percent of the fixed annual cash salary.
Pension entitlements for senior executives shall apply from the age of 60 years at the earliest. For the CEO, pension benefits, including health insurance (Sw. sjukförsäkring), shall be premium defined. Variable cash remuneration shall not qualify for pension benefits. The pension premiums for premium defined pension shall amount to not more than 30 percent of the fixed annual cash salary. For other senior executives, pension benefits, including health insurance, shall be premium defined unless the individual concerned is subject to defined benefit pension under mandatory collective agreement provisions. Variable cash remuneration shall qualify for pension benefits to the extent required by applicable mandatory collective agreement provisions. The pension premiums for premium defined pension shall amount to not more than 30 percent of the fixed annual cash salary.
Other benefits may include, for example, life insurance, medical insurance (Sw: sjukvårdsförsäkring) and company cars. Such benefits may amount to not more than 10 percent of the fixed annual cash salary.
For employments governed by rules other than Swedish, duly adjustments may be made for compliance with mandatory rules or established local practice, taking into account, to the extent possible, the overall purpose of these guidelines.
Termination of employment
The notice period may not exceed 12 months if notice of termination of employment is made by the company. Fixed cash salary during the period of notice and severance pay may together not exceed an amount equivalent to the fixed cash salary for two years. The period of notice may not exceed six months without any right to severance pay when termination is made by the executive.
In addition, remuneration for any commitment to restrict competition can be paid. Such remuneration shall compensate for any loss of income and shall only be paid to the extent that the former executive has no right to severance pay. The remuneration shall be based on the fixed cash salary at the time of termination and shall be paid during the period the non-compete restriction applies, which shall not exceed 12 months after the termination of employment.
Criteria for awarding variable cash remuneration, etc.
The variable cash remuneration shall be linked to predetermined and measurable criteria which can be financial or non-financial. They can also be individualized, quantitative or qualitative objectives. The criteria shall be designed so as to contribute to the company's business strategy and long-term interests, including its sustainability, by for example being clearly linked to the business strategy or promote the executive's long-term development.
The criteria mainly applied are linked to the development of operating profit, return on capital employed and earnings per share. The criteria shall also be linked to the fulfilment of predetermined sustainability criteria (ESG - Environmental, Social and Governance). The criteria thereby contribute to the company's business strategy, long-term interests and sustainability.
To which extent the criteria for awarding variable cash remuneration has been satisfied shall be evaluated/determined when the measurement period has ended. The Remuneration Committee is responsible for the evaluation so far as it concerns variable cash remuneration to the CEO and other executives. For financial objectives, the evaluation shall be based on the latest financial information made public by the company.
Salary and employment conditions for employees
In the preparation of the Board of Directors' proposal for these remuneration guidelines, salary and employment conditions for employees of the company have been taken into account by including information on the employees' total income, the components of the remuneration and increase and growth rate over time, in the Remuneration Committee's and the Board of Directors' basis of decision when evaluating whether the guidelines and the limitations set out herein are reasonable. The increase of the gap between the remuneration to senior executives and remuneration to other employees will be disclosed in the remuneration report.
The decision-making process to determine, review and implement the guidelines
The Board of Directors has established a Remuneration Committee. The committee's tasks include preparing the Board of Directors' decision to propose guidelines for executive remuneration. The Board of Directors shall prepare a proposal for new guidelines at least every fourth year and submit it to the general meeting. The guidelines shall be in force until new guidelines are adopted by the general meeting. The Remuneration Committee shall also monitor and evaluate programs for variable remuneration for the executive management, the application of the guidelines for executive remuneration as well as the current remuneration structures and compensation levels in the company. The members of the Remuneration Committee are independent in relation to the company and company management. The CEO and other members of the executive management do not participate in the Board of Directors' processing of and resolutions regarding remuneration-related matters in so far as they are affected by such matters. The Board of Directors shall annually draw up a remuneration report that shall be presented to the Annual General Meeting for approval.
Derogation from the guidelines
The Board of Directors may temporarily resolve to derogate from the guidelines, in whole or in part, if in a specific case there is special cause for the derogation and a derogation is necessary to serve the company's long-term interests, including its sustainability, or to ensure the company's financial viability. As set out above, the Remuneration Committee's tasks include preparing the Board of Directors' resolutions in remuneration-related matters. This includes any resolutions to derogate from the guidelines.
Description of material changes of the guidelines and how the shareholders' opinions are considered
No material amendments have been made to the guidelines. In relation to the guidelines for remuneration to senior executives adopted on the Annual General Meeting 2021, the guidelines have been adjusted so that the annual variable cash remuneration may amount to maximum 120 percent instead of 110 percent of the fixed annual cash salary.
No remarks on the remuneration guidelines have emerged.
Proposal of the Board of Directors for implementation of a long-term incentive program including resolutions on (A) issue of subscription warrants series 2022/2027 and (B) transfer of subscription warrants series 2022/2027 (Incentive Program 2022/2027) to replace Incentive Program 2021/2026 resolved by the Annual General Meeting 2021 (item 16)
The Annual General Meeting in the company held on May 7, 2021 resolved on a long-term incentive program for senior executives and certain key employees within the AAK Group including a directed issue of subscription warrants and approval of transfer of subscription warrants. Since no subscription warrants have been subscribed for or transferred to participants in the program, the Board of Directors has deemed it appropriate to propose to the Annual General Meeting to resolve to replace the incentive program resolved upon by the Annual General Meeting 2021 with a new long-term incentive program for senior executives and certain key employees within the AAK Group ("Incentive Program 2022/2027") including resolutions on (A) a directed issue of subscription warrants series 2022/2027 and (B) approval of transfer of subscription warrants in Incentive Program 2022/2027 on essentially the following terms and conditions.
A. Issue of subscription warrants series 2022/2027
The Board of Directors proposes that the Annual General Meeting resolves:
- that the company shall issue a maximum of five million (5,000,000) subscription warrants entitling to subscription for new shares in AAK AB by which the share capital may be increased by a total of maximum SEK 8,333,333.33, whereby it is noted that the amount exceeding the quota value shall be transferred to the non-restricted share premium account;
- that the issue is made with deviation from the shareholders' preferential rights and the right to subscribe for the subscription warrants shall be granted to AAK Invest AB, a wholly-owned subsidiary of AAK AB;
- that the subscription warrants shall be issued free of charge;
- that subscription for the subscription warrants shall be made on August 31, 2022 at the latest, with a right for the Board of Directors to prolong this time limit;
- that each subscription warrant shall entitle the holder to subscribe for one (1) new share in AAK AB with a quota value of SEK 1.67;
- that subscription for shares in AAK AB by exercise of the subscription warrants may take place during the period from and including September 1, 2025 up to and including August 31, 2027;
- that the subscription price per share shall correspond to 120 percent of the volume weighted average price according to Nasdaq Stockholm's official price list for the share in the company during the period from and including May 5, 2022 up to and including May 18, 2022, but not lower than the share's quota value; and
- that shares that have been issued by virtue of the subscription warrants, will entitle to dividend for the first time on the first record date for dividend occurring after subscription of shares through exercise of subscription warrants has been executed.
The reason for the deviation from the shareholders' preferential right is that AAK AB wishes to introduce an incentive program for senior executives and key employees within the Group, whereby they will be offered the opportunity to take part in a value increase of the company's share. This is expected to increase the interest in the company's development and to stimulate a continued company loyalty over the forthcoming years. An incentive program is also expected to contribute to the possibilities to recruit and retain competent, motivated and committed employees.
B. Transfer of subscription warrants in Incentive Program 2022/2027
Incentive Program 2022/2027 shall principally be carried out in accordance with what is stated below.
- The subscription warrants shall towards payment be transferred by AAK Invest AB, on one or several occasions, to senior executives and key employees within the AAK Group, in accordance with the guidelines stated below. AAK Invest AB shall otherwise dispose of the subscription warrants for the fulfilment of the obligations under Incentive Program 2022/2027.
- Transfer in accordance with item B.1 shall be made at a market value at the time of transfer, which shall be determined by an independent valuation institute in accordance with the Black & Scholes valuation method. The valuation model is based on the variables risk-free interest rate, volatility, the term of the subscription warrants, expected share dividends during the term of the subscription warrants, the current share price, and the subscription price for shares when exercising the subscription warrants (strike price).
- The company will by means of a cash bonus subsidize part of the participants' acquisition of warrants through payment to the participants of an extra cash bonus that, after individual tax, corresponds to maximum 65 percent of the amount invested by the respective participant in Incentive Program 2022/2027 up to the offered level in accordance with the guidelines below. Only premiums for warrants up to and including the offered level for each participant in accordance with the guidelines below are subsidized. This bonus will be paid out with one fourth (1/4) annually starting one year after acquisition, and with the last payment approximately four (4) years after the acquisition and requires that before each payment the respective participant, with certain exceptions, is still an employee of the AAK Group and still holds the acquired warrants or, where applicable, the shares subscribed through exercising the warrants. The Board of Directors may, if deemed necessary in individual cases, resolve on alternative payment schedules or that bonus under certain circumstances will not be paid or may be reclaimed, subject to the limitations which may follow from applicable law.
- The Board of Directors of AAK AB shall be entitled to decide on the allotment of subscription warrants to approximately 50 senior executives and key employees within the Group in accordance with the following guidelines:
The participants can choose to apply for a lower number of subscription warrants than set out above. If the total number of subscription warrants that the entitled senior executives and key employees wish to acquire exceeds the maximum number of subscription warrants that can be issued, reduction shall be made proportionally to each person's quantity in relation to the guidelines set forth above. There will be no guaranteed allotment. A participant has the right to subscribe for a larger number of warrants than set out in the guidelines above and may be allotted additional warrants corresponding to a maximum of 100 percent of what is set out in the guidelines above if full subscription in the program has not been made. If such oversubscription is made, allotment shall be made to the oversubscribing participants pro rata in relation to the number of subscription warrants that they have been allotted in the first allotment. Any remaining warrants, which have not been allotted in accordance with the above, shall be reserved for future recruitment of persons within the above eligible categories, whereby the above guidelines for allotment shall be applicable. The reason why any future employees or promoted employees may be granted subscription warrants at such a time that the time between the allotment and the subscription period for shares may be less than three years, is that the Board of Directors deems it important that such employees, for the reasons applicable to Incentive Program 2022/2027 in general, are given the opportunity to take part in a value growth in the company's share already at the beginning of their employment.
Dilution, effect on key ratios and costs
At full subscription of the proposed issue of subscription warrants, and full exercise of the subscription warrants, the share capital may be increased by a total of maximum SEK 8,333,333.33, which is equivalent to approximately 1.9 percent of the company's present share capital. This corresponds to a total dilution of maximum approximately 1.9 percent in relation to the share capital on a fully diluted basis, calculated as the number of new shares in proportion to the number of existing and new shares.
Other important key ratios will, at full subscription of the proposed issue and full exercise of all subscription warrants issued in the program, be affected as follows (based on the corresponding key ratios in the year-end report for 2021 and a preliminary valuation of the future capital contribution within the scope of Incentive Program 2022/2027)
- earnings per share: reduction by SEK 0.13 from SEK 6.71 to SEK 6.58;
- equity per share: increase by SEK 3.03 from SEK 45.58 to SEK 48.61; it being assumed that the warrant holders have exercised the warrants for subscription of new shares by the end of the first quarter 2022.
The above is subject to re-calculations of the subscription warrants in accordance with the customary terms of re-calculation in the complete terms and conditions.
The subscription warrant program is expected to have a marginal impact on the company's financial ratios. Therefore, no measures to secure the program are planned to take place. The total costs associated with the subscription warrant program, including the directed issue, the subsequent transfer of warrants and the subsidy, assuming full participation, is expected to amount to approximately SEK 150 million, which is distributed over the term of the program of five (5) years. The amount includes estimated costs relating to social security contributions and administrative costs for the program.
Preparation of the proposal
The warrants program has been prepared by the Remuneration Committee and the Board with advice from external experts. The proposal has been resolved upon by the Board. The CEO has not participated in the preparation of the proposal.
Previous incentive programs in AAK
For a description of AAK's other share-related incentive programs, please see the company's Annual Report 2021, note 8. Apart from the program presented therein, there are no other share-related incentive programs in AAK.
Majority requirements
The proposal of the Board of Directors pursuant to item 16 A-B above requires a resolution by the general meeting supported by shareholders representing at least nine-tenths of both the number of votes cast and the shares represented at the general meeting in order to be valid.
Proposal regarding authorization for the Board of Directors to resolve on new share issues (item 17)
The Board of Directors proposes that the Annual General Meeting authorizes the Board of Directors to, on one or several occasions during the period up until the next Annual General Meeting, with or without deviation from the shareholders' preferential right, resolve on new issues of shares. The authorization shall also include the right to resolve on new issues of shares with terms concerning issues in kind, offset rights or other terms stated in Chapter 13, Section 5, first paragraph, 6 in the Swedish Companies Act. By resolutions in accordance with the authorization, the number of shares may be increased by a number corresponding to a maximum of ten (10) percent of the number of outstanding shares in the company at the time of when the Board of Directors first uses the authorization.
The purpose of any deviation from the shareholders' preferential right as set out above is to ensure financing of acquisitions of companies, part of companies or businesses or to strengthen the company's capital base and equity/assets ratio. Such issues of shares may not require amendment of the Articles of Association applicable from time to time. In case of deviation from the shareholders' preferential right, share issues by virtue of the authorization shall be made on market conditions. In accordance with the conditions set out above, the Board of Directors shall be authorized to resolve on other terms as considered necessary by the Board to carry out the issues.
The Board of Directors further proposes that the Managing Director, or anyone appointed by the Managing Director, shall have the right to make any adjustments that may be necessary in connection with the registration of the resolution with the Swedish Companies Registration Office (Sw. Bolagsverket).
The resolution requires approval from shareholders representing at least two-thirds of both the number of votes cast as well as the shares represented at the general meeting in order to be valid.
Proposal regarding authorization for the Board of Directors to resolve on repurchase and transfer of the company's own shares (item 18)
The Board of Directors proposes that the Annual General Meeting authorizes the Board of Directors to, on one or several occasions during the period up until the next Annual General Meeting, resolve on repurchase and transfer of the company's own shares. Repurchase of shares may be made at a maximum of so many shares that the company's holding does not exceed two (2) percent of the total number of shares in the company from time to time. Repurchase of shares may be made on Nasdaq Stockholm at a price per share within the share price interval registered at that time, where share price interval means the difference between the highest buying price and the lowest selling price. Transfer of shares may be made at a maximum of two (2) percent of the total number of shares in the company from time to time. Transfer may be made with deviation from the shareholders' preferential right on Nasdaq Stockholm as well as to third parties in connection with acquisition of a company or a business. Payment for transferred shares can be made in cash, through an issue in kind or set-off. Transfers of shares on Nasdaq Stockholm may only occur at a price per share within the share price interval registered at that time, where share price interval means the difference between the highest buying price and the lowest selling price. Transfer in connection with acquisitions may be made at a market value assessed by the Board of Directors. The purpose of the authorizations is to give the Board of Directors the opportunity to adjust the company's capital structure and thereby contribute to increased shareholder value and to enable acquisition opportunities by financing acquisitions with the company's own shares.
The resolution requires approval from shareholders representing at least two-thirds of both the number of votes cast as well as the shares represented at the general meeting in order to be valid.
C. AVAILABLE DOCUMENTS AND INFORMATION REGARDING NUMBER OF SHARES AND VOTES IN THE COMPANY
The accounts and the auditor's report (the Annual Report), the Board's remuneration report and the complete proposals of the Board of Directors with respect to items 15-18 and all related documents and the statement from the company's auditor confirming compliance with the guidelines for the remuneration of senior executives will be available to the shareholders at the company at the address Skrivaregatan 9, SE-215 32 Malmö, Sweden, and at the company's website www.aak.com as from Wednesday, April 27, 2022. Copies of the documents will be sent on request to shareholders who state their postal address and will also be available on the company website www.aak.com and at the Annual General Meeting.
The total number of shares and votes in the company amount at the time of issuance of this notice to 258,506,556. All shares are of the same class.
D. INFORMATION AT THE ANNUAL GENERAL MEETING
The Board of Directors and the Managing Director shall at the Annual General Meeting, if a shareholder so requests and the Board of Directors believes that it can be done without significant harm to the company, provide information regarding circumstances that (i) may affect the assessment of an item on the agenda, (ii) circumstances that may affect the assessment of the company's or its subsidiaries' financial position or information concerning (iii) the company's relation with other companies within the Group. Shareholders may submit questions in advance by mail to the company at the address AAK AB (publ.), Group Legal Counsel, Skrivaregatan 9, SE-215 32 Malmö, Sweden, or by e-mail to investor@aak.com.
E. PROCESSING OF PERSONAL DATA
For information about the processing of your personal data, see https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.
Malmö in April 2022
AAK AB (publ.)
The Board of Directors
For more information, please contact:
Gabriella Grotte
Head of IR and Corporate Communications
Mobile: +46 737 16 80 01
E-mail: gabriella.grotte@aak.com
This is a non-official translation of the Swedish original wording. In case of differences between the English translation and the Swedish original, the Swedish text shall prevail.
The information was submitted for publication at 10:00 a.m. CET on April 8, 2022.
About AAK
Everything AAK does is about Making Better Happen™. We specialize in plant-based oils that are the value-adding ingredients in many of the products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK's offer is Customer Co-Development, combining our desire to understand what better means for each customer, with the unique flexibility of our production assets, and a deep knowledge of many products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice and Personal Care. Our 4,000 employees support our close collaboration with customers through 25 regional sales offices, 15 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen for more than 150 years.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE AAK AB
|
https://www.whsv.com/prnewswire/2022/04/08/invitation-annual-general-meeting-aak-ab-publ/
| 2022-04-08T11:35:02Z
|
GÖTEBORG, Sweden, April 8, 2022 /PRNewswire/ -- The Volvo Group report for the first quarter 2022 will be published on April 22, 2022, at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST.
An online presentation of the report, followed by a question-and-answer session, will be broadcast at 9.00 a.m. CEST. The Volvo Group will be represented by President and CEO Martin Lundstedt and CFO Tina Hultkvist.
To listen to the online conference, please log in here. If you wish to ask questions, please dial the phone number about ten minutes prior to the start.
Dial in:
SE: +46 8 566 427 04
UK: +44 333 300 92 65
US: +1 631 913 14 22 PIN: 99198100#
Replay number: SE: +46 8 519 993 85
Conference reference: 425020501#
One-on-one calls for media can be arranged from 10.15 a.m. CEST. Please contact Claes Eliasson for inquiries.
Journalists wanting further information, please contact:
Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 95,000 people and serves customers in more than 190 markets. In 2021, net sales amounted to SEK 372 billion (EUR 37 billion). Volvo shares are listed on Nasdaq Stockholm.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE AB Volvo
|
https://www.whsv.com/prnewswire/2022/04/08/invitation-volvo-group-report-first-quarter-2022/
| 2022-04-08T11:35:09Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jackpot World, the world-leading, free-to-play social casino mobile game and one of the top 15 highest-grossing casino mobile games in the world, has launched its brand-new Classic Bonus Stamp feature. Following the launch of this new feature, the number of Jackpot World players participating in stamp exchange events jumped by 10%.
With this added functionality, users will now be able to exchange the Classic Bonus Stamp for any of the stamps in their previous Stamp Collection. This takes the in-game collection experience to a new level, as it not only provides players with the chance to complete their previous collections but also awards them with an extra bonus for completing each collection with fantastic coin prizes. This is a major step forward for the casino mobile game category, which currently lacks such gameplay mechanisms.
"Jackpot World's mission is to delight our players with an out-of-this-world experience when playing their beloved Stamp Collection," said Emma Li, Producer of Jackpot World. "As an innovator in the mobile game space, we never stop exploring new ways to engage with our players and enhance the gaming experience. From its inception, Jackpot World has been designed to spread fun around the world and with the brand-new Classic Bonus Stamp feature, we are enhancing the experience for players everywhere."
The Jackpot World app offers a rich and constantly growing selection of slot machine games. They include the classic 777 slot machine game, Fortune Babies, Fortune Tree, Mighty Tiger, and Penguin Quest, as well as new games such as Leprechaun Blast, Werewolf Night, and Myth of Medusa. The games offer bonus features and free coins to recreate the exhilarating Las Vegas casino slot machine experience, while there are also bonuses, stamps, and prizes that are up for grabs. Jackpot World is committed to ensuring a consistently thrilling entertainment experience, rolling out a new slot machine at least once a week.
Social at its core, Jackpot World can be played with friends, families, and other slot machine lovers from all over the world. The Jackpot World app is available for both iOS and Android operating systems.
For more information, please visit Jackpot World.
About Jackpot World
Jackpot World is a leading free social casino slot game with the ambition to become the most player-centric social casino game. It is one of the top 15 highest-grossing casino gaming apps in the world.
Media Contact:
Zhiwei Gu
+8613651200209
jackpotworld-market@spinxgames.com
View original content:
SOURCE Jackpot World
|
https://www.whsv.com/prnewswire/2022/04/08/jackpot-world-launches-new-classic-bonus-stamp-feature/
| 2022-04-08T11:35:20Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Lucid Group, Inc. (NASDAQ: LCID).
To receive updates on the lawsuit, fill out the form:
This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Lucid common stock between November 15, 2021, and February 28, 2022, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 31, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
The filed complaint alleges that defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Lucid's business and operations. Specifically, the Company overstated its production capabilities while concealing that "extraordinary supply chain and logistics challenges" were hampering Lucid's operations. As a result of the defendants' wrongful acts and omissions, and the significant decline in the market value of Lucid's common stock, Lucid investors have suffered significant damages.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/lcid-shareholder-alert-jakubowitz-law-reminds-lucid-shareholders-lead-plaintiff-deadline-may-31-2022/
| 2022-04-08T11:35:29Z
|
SYDNEY, April 8, 2022 /PRNewswire/ -- Multi award-winning documentary, 'Enough! Lebanon's Darkest Hour' that examines the economic and political situation in Lebanon, is launching via a series of live, global event screenings to capture international attention and generate discussion. In a world-first, the Australian produced film will screen for free in cinemas in Beirut and stream simultaneously on the FanForceTV platform followed by a live Q&A panel in the cinema led by political journalist Albert Kostanian. Audiences around the world will interact with the expert panel directly via Live-chat with questions answered in real time. 7 further live events will follow in the USA, South America, UK/Europe, Australia/NZ and Dubai, all translated into 15 different languages live.
"These events are an opportunity for the global community to come together and discuss the way forward for Lebanon" says the film's director & writer Daizy Gedeon "The film examines the situation in Lebanon and why voting by the diaspora in the May 15 elections is so crucial. "
The series of events including the Beirut event, beamed live-via-satellite, presents a major move forward in how films are released globally, combining not only complicated technical partnerships but agreements between International rights holders.
"These events are possible because of the forward thinking approaches of Front Row Entertainment, MBC Group, Galloping Entertainment and FanForce Films." says FanForce founder Danny Lachevre "This limited window aims to reach a broad global audience quickly to incentivise voting in upcoming elections"
Screenings available on a Pay-Per-View basis from 9th of April 2022 to 30th April 2022 at https://www.FanForceTV.com/pages/Enough
Audiences can also host their own community events in cinemas at Fan-Force.com or Virtually at FanForceTV.com Tickets are available from https://www.FanForceTV.com/pages/Enough
About FanForce Films
The FanForce Group specialises in Cinema Distribution, Marketing and Promotion, Film Production and Story Consulting. The group is known for a unique approach to releasing and marketing films having worked with Bassam Tariq on Blade [Marvel Films] and Cate Shortland on Black Widow [Marvel Films]. The group includes Theatrical Distributor Fan-Force.com, streaming platform 'FanForce TV', Marketing Agency 'The Pitcher House' and film production 'FanForce Productions'.
View original content to download multimedia:
SOURCE FanForce Films
|
https://www.whsv.com/prnewswire/2022/04/08/lebanon-documentary-launches-global-event-screenings/
| 2022-04-08T11:35:36Z
|
Clinic to provide services seven days starting April 11
PHOENIX, April 8, 2022 /PRNewswire/ -- Liquid Mobile IV today announced the grand opening of its new clinic location in Phoenix, Arizona. Located in Optima Biltmore Towers at 4808 North 24th Street, Suite 125, the new clinic features a wide variety of IV hydration services, including anti-aging, athletic performance, wellness, recovery and executive revival infusions.
Liquid Mobile IV launched on-demand mobile service in February 2022 to deliver IV hydration 24 hours a day, seven days a week, in the comfort of one's own home, office or preferred location. The company has continued to expand with clinic locations in various cities, offering communities access to IV therapy where it is most convenient for them.
"A Liquid Mobile IV clinic adds to the access and convenience local residents prefer," said Laura Purdy, MD, Liquid Mobile IV's lead physician, who is also a family practitioner and 15-year military veteran. "My team of more than 40 nurse practitioners, pharmacists and nurses ensures that the communities we serve will receive high quality IV hydration and essential nutrients, when they want it or need it, and most importantly, where they want to get it."
According to Dr. Purdy, Liquid Mobile IV's services deliver IV hydration and essential nutrients directly into a recipient's bloodstream, so a maximum absorption rate of up to 100% of the nutrients may be achievable in a reduced period of time. This bypasses the digestive tract, so in working faster, this can result in a much faster recovery time for individuals. Liquid Mobile IV's products are specifically created for each customer's unique needs. Formularies are designed and tested to properly and efficiently improve and optimize one's health.
"As part of the Liquid Mobile IV Grand Opening at our new Biltmore location, we will be offering Grand Opening specials throughout April to help the Phoenix community achieve their health and wellness goals, including in-clinic IV therapy starting at $99 and intramuscular injections starting at $10," said CEO Christine Ricci, RN.
The Grand Opening for the new clinic will start Monday 8 a.m. on April 11, at 4808 North 24th Street, Suite 125. The community is encouraged to stop by to meet the clinical team and discuss their wellness goals. Walk-ins always welcome. Clinic services will be available seven days a week from 8am to 8pm.
For a full-service menu, please visit www.liquidmobileiv.com/services/.
About Liquid Mobile IV
Founded in 2021, Liquid Mobile IV specializes in IV hydration therapy, including anti-aging, weight management, nausea and vomiting, cold and flu, performance and recovery, migraine, Myers' Cocktail and hangover. Whether you are looking to slow down the aging process, recover from a cold or athletic event, or improve general hydration levels, our nurses, nurse practitioners and physicians are here to assist. We operate 24x7, on-demand and are generally on your doorstep in two hours. For more information about on-demand services or clinic, please visit us at www.LiquidMobileIV.com.
View original content:
SOURCE Liquid Mobile IV
|
https://www.whsv.com/prnewswire/2022/04/08/liquid-mobile-iv-celebrates-grand-opening-its-first-iv-hydration-clinic-location-phoenix/
| 2022-04-08T11:35:42Z
|
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of MP Materials Corp. f/k/a Fortress Value Acquisition Corp. (NYSE: MP).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form/?id=25678&from=4
The lawsuit seeks to recover losses for shareholders who purchased MP Materials between May 1, 2020 and February 2, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 25, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, MP Materials Corp. f/k/a Fortress Value Acquisition Corp. issued materially false and/or misleading statements and/or failed to disclose that: (i) Fortress Value Acquisition Corp. ("FVAC") had overstated its due diligence efforts and expertise with respect to identifying target companies to acquire; (ii) FVAC performed inadequate due diligence into Legacy MP Materials prior to the business combination, or else ignored significant red flags regarding, inter alia, Legacy MP Materials' management, compliance policies, and Mountain Pass's profitability; (iii) as a result, the Company's future business and financial prospects post-business combination were overstated; (iv) MP Materials engaged in an abusive transfer price manipulation scheme with a related party in the People's Republic of China to artificially inflate the Company's profits; (v) MP Materials' ore at the Mountain Pass Rare Earth Mine and Processing Facility was not economically viable to harvest for rare earth metals; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
|
https://www.whsv.com/prnewswire/2022/04/08/mp-shareholder-alert-jakubowitz-law-reminds-mp-materials-shareholders-lead-plaintiff-deadline-april-25-2022/
| 2022-04-08T11:35:49Z
|
BEIJING, April 8, 2022 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced that it will report its financial results for the third quarter ended February 28, 2022, before the U.S. market opens on April 26, 2022. New Oriental's management will host an earnings conference call at 8 AM on April 26, 2022, U.S. Eastern Time (8 PM on April 26, 2022, Beijing/Hong Kong Time). Participants can join the conference using the below options:
Dialling-in to the conference call:
Please register in advance of the conference, using the link provided below. Upon registering, you will be provided with participant dial-in numbers, passcode and unique registrant ID.
Conference call registration link: http://apac.directeventreg.com/registration/event/7678797. It will automatically direct you to the registration page of "New Oriental Third Fiscal Quarter 2022 Earnings Conference Call" where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter "7678797".
In the 10 minutes prior to the call start time, you may use the conference access information (including dial in number(s), direct event passcode and registrant ID) provided in the confirmation email received at the point of registering.
Joining the conference call via a live webcast:
Additionally, a live and archived webcast of the conference call will be available at http://investor.neworiental.org.
Listening to the conference call replay:
A replay of the conference call may be accessed by phone at the following number until May 4, 2022:
About New Oriental
New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental's program, service and product offerings mainly consist of test preparation, language training for adults, education materials and distribution, online education, and other services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental's ADSs, each of which represents one common share. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.
For more information about New Oriental, please visit http://www.neworiental.org/english/.
Contacts
For investor and media inquiries, please contact:
In China:
Ms. Sisi Zhao Ms. Rita Fong
New Oriental Education and Technology Group Inc. FTI Consulting
Tel: +86-10-6260-5568 Tel: +852 3768 4548
Email: zhaosisi@xdf.cn Email: rita.fong@fticonsulting.com
View original content:
SOURCE New Oriental Education and Technology Group Inc.
|
https://www.whsv.com/prnewswire/2022/04/08/new-oriental-report-third-quarter-2022-financial-results-april-26-2022/
| 2022-04-08T11:35:56Z
|
VALLETTA, Malta, April 8, 2022 /PRNewswire/ -- NOTICE IS HEREBY GIVEN that THE ANNUAL GENERAL MEETING ("AGM") of Kindred Group plc ("the Company") will be held on Friday 13 May 2022 10.00AM CEST at Kindred's offices located at Regeringsgatan 25 in Stockholm, Sweden for the following purposes:
Notice to holders of Swedish Depository Receipts ("SDRs")
The convening notice in full and the agenda of the shareholders meeting together with other AGM papers can be found on the Company's website www.kindredgroup.com/AGM.
Holders of SDRs who wish to exercise their voting right at the AGM must:
(i) be registered in the register kept by Euroclear Sweden AB by Tuesday 3 May 2022 (the "Record Date"); and
(ii) no later than Friday 6 May 2022 23:59PM CEST cast their votes following this link: https://anmalan.vpc.se/euroclearproxy, navigating to Kindred Group and logging in using BankID. BankID can be used also when voting on behalf of someone, provided the person authorized to vote has access to BankID.
Alternatively, votes can be cast by printing and filling out the proxy found at: https://anmalan.vpc.se/euroclearproxy or www.kindredgroup.com/AGM and sending it by regular mail or courier to: Kindred Group, c/o Euroclear Sweden AB, Box 191, 101 23 Stockholm, Sweden. Votes submitted this way must be received by Euroclear no later than Friday 6 May 2022.
Requirement (i): Holders of SDRs whose holding is registered in the name of a nominee must, to be able to exercise their voting rights at the AGM (by proxy), temporarily register their SDRs in their own name in the register kept by Euroclear Sweden AB by the Record Date. Well before that day such holders must contact their custodian bank or brokerage to request that their holding be temporarily registered in their own name with Euroclear Sweden AB before the Record Date.
Requirement (ii): When submitting votes via regular mail or courier the proxy needs to be accompanied by supporting documentation showing the undersigned person/s authority to vote on behalf of the SDR holder. The proxy and any Power of Attorney need to be submitted in original. Votes submitted this way must be received by Euroclear no later than Friday 6 May 2022.
Requirement (iii): As the AGM will be held without people being physically present holders of SDRs who wish to exercise their voting rights must vote electronically, alternatively by regular mail or courier as set out above.
In the event you need assistance with, or have questions regarding, the voting procedure you can contact Euroclear via e-mail at generalmeetingservice@euroclear.com or via telephone
on +46 8 402 91 33. Please note that an SDR holder cannot exercise their voting rights via these channels, they are for support purposes only.
Holders of SDRs who wish to put a question to the AGM shall send their question so as to arrive at Kindred Group plc, c/o Kindred People, Regeringsgatan 25, 111 53, Stockholm, Sweden, no later than 12.00 CEST on Monday 9 May 2022. Answers to the questions will be published on www.kindredgroup.com/AGM.
Please note that conversions to and from SDR's and ordinary shares will not be permitted between 29 April and 17 May 2022.
Proposed Agenda
It is proposed that the AGM conducts the following business:
1. Opening of the Meeting
2. Election of Chairman of the Meeting
3. Drawing up and approval of the voting list
4. Approval of the agenda
5. Election of one or two person(s) to approve the minutes
6. Determination that the Meeting has been duly convened
7. The CEO's presentation
Ordinary Business
8. Resolution (a)
Declaration of Dividend in cash
9. Resolution (b)
To receive, consider and approve the Report of the Directors and the Consolidated Financial Statements (Annual Report) prepared in accordance with International Financial Reporting Standards for the year ended 31 December 2021, together with the Report of the Auditors
10. Resolution (c)
To approve the remuneration report set out on pages 116-120 of the Company's Annual Report and Financial Statements for the year ended 31 December 2021
11. Resolution (d)
To determine the number of Board members
12. Resolution (e)
To determine the Board members' fees
13. Resolution (f)
To re-elect Peter Boggs as a director of the Company
14. Resolution (g)
To re-elect Gunnel Duveblad as a director of the Company
15. Resolution (h)
To re-elect Erik Forsberg as director of the Company
16. Resolution (i)
To re-elect Carl-Magnus Månsson as director of the Company
17. Resolution (j)
To re-elect Evert Carlsson as director of the Company
18. Resolution (k)
To re-elect Fredrik Peyron as director of the Company
19. Resolution (l)
To re-elect Heidi Skogster as director of the Company
20. Resolution (m)
To appoint the Chairman of the Board
21. Resolution (n)
To reappoint PricewaterhouseCoopers as auditors of the Company and to authorise and empower the directors to determine their remuneration
22. Resolution (o)
Resolution on guidelines for how the Nomination Committee shall be appointed
As Special Business, to consider the following resolutions which will be proposed as Ordinary Resolutions
23. Resolution (p)
To vote on revisions to the remuneration policy
24. Resolution (q)
To vote on the introduction of a new three-year stock option to complement the current performance share plan. The proposed stock option entitles the participant to purchase one Kindred SDR at a price of 120% of the Kindred SDR price at the grant date. The recommended stock option plan may in total comprise no more than 0,5% of all issued SDRs/shares in the Company
As Special Business, to consider the following resolutions which will be proposed as Extraordinary Resolutions.
25. Resolution (r)
The meeting will be requested to consider and if thought fit, approve, by extraordinary resolution, the following further resolution: it being noted that
(i) at a Board of Directors' meeting held on 9 March 2022, the directors resolved to obtain authority to buy back GBP 0.000625 Ordinary Shares/SDRs in the Company (the purpose of the buyback being to achieve added value for the Company's shareholders); and
(ii) pursuant to article 106(1) (b) of the Companies Act (Cap.386 of the Laws of Malta) a company may acquire any of its own shares otherwise than by subscription, provided inter alia authorisation is given by an extraordinary resolution, which resolution will need to determine the terms and conditions of such acquisitions and in particular the maximum number of shares/SDRs to be acquired, the duration of the period for which the authorisation is given and the maximum and minimum consideration, given this it is proposed that the Company, through the Board, be generally authorised and empowered to make purchases of ordinary shares/SDRs of GBP 0.000625 each in its capital, subject to the following:
(a) the maximum number of shares/SDR's that may be so acquired is 23,000,000;
(b) the minimum price that may be paid for the shares/SDRs is 1 SEK per share/SDR exclusive of tax;
(c) the maximum price that may be paid for the shares/SDR's is 300 SEK per share/SDR exclusive of tax;
(d) the purchases may take place on multiple occasions and will be based on actual market price and terms, and
(e) the authority conferred by this resolution shall expire on the date of the 2023 Annual General Meeting but not so as to prejudice the completion of a purchase contracted before that date.
26. Resolution (s)
The meeting will be requested to consider and if thought fit, approve, by extraordinary resolution, the following further resolutions:
27. Resolution (t)
The meeting will be requested to consider and if thought fit, approve, by extraordinary resolution, the following further resolution:
That the directors be and are hereby duly authorised and empowered in accordance with Article 9 of the Company's Articles of Association, articles 85(1)(b) and 88(7) in the Companies Act, on one or several occasions prior to the date of the next Annual General Meeting of the Company, to issue and allot up to a maximum of 23 million ordinary shares/SDRs in the Company of a nominal value of GBP 0.000625 each (the "Share Issue Limit") for payment in kind or through a set-off in connection with an acquisition without first offering the said shares/SDRs to existing SDR holders/shareholders (corresponding to a dilution of about 10 per cent). The Share Issue Limit shall be reduced by the amount of any shares/SDRs bought back pursuant to Resolution (r) (but excluding shares / SDRs not already bought back by the Company on the date of the adoption of the resolution). This resolution is being taken in terms and for the purposes of the approvals necessary in terms of the Companies Act and the Articles of Association of the Company.
Closing of the meeting
Information about proposals related to Agenda items
Agenda item 2
The Nomination Committee proposes that Gunnar Johansson be elected Chairman of the Meeting.
Agenda item 8
The Board of Directors proposes a dividend of GBP 0.337, which is approximately SEK 4.31 at the exchange rate 12.80 GBP/SEK at 31 March 2022 per SDR/share, to be paid to holders of ordinary shares/ SDRs. In order to facilitate a more efficient cash management, the dividend is proposed to be paid in two equal instalments. If approved at the AGM, the record date for the first instalment will be 17 May 2022 and distributed by Euroclear Sweden AB on 20 May 2022 with an ex-dividend date of 16 May 2022, and for the second instalment the record date will be 15 November 2022 and distributed by Euroclear Sweden AB on 18 November 2022 with an ex-dividend date of 14 November 2022. For accounting purposes, the rate of exchange to be used shall be the SEK-GBP rate prevalent on 16 May 2022 and 14 November 2022 respectively.
Agenda item 9
The 2021 Annual and Sustainability Report was finalised and signed on 11 March 2022 and reflects events up to that date.
Agenda item 10
The Board of Directors proposes that the AGM approves the remuneration report on pages 116-120 of the Company's Annual and Sustainability Report and Financial Statements for the year ended 31 December 2021.
Agenda item 11
The Nomination Committee proposes that the Board of Directors should consist of seven Directors.
Agenda item 12
The Nomination Committee proposes that a total fee of maximum GBP 757,000 (2021: GBP 701,000) be paid to Directors elected at the AGM, who are not employees of the Company.
It is proposed that a fee of GBP 190,000 (2021: GBP 180,000) is paid to the Chairperson of the Board.
Furthermore, it is proposed that a fee of GBP 63,000 (2021: GBP 60,000) be paid to each other Director, and an additional GBP 25,000 (2021: GBP 23,000) be paid for Audit Committee work and GBP 14,000 (2021: GBP 13,000) for Remuneration Committee work. The members of the US Committee should receive an additional GBP 14,000 (2021: GBP 13,000). An additional GBP 10,000 (2021: GBP 9,000) be paid to the Chairperson of the three Committees. This means that a total fee of maximum GBP 757,000 is proposed, and the total fee is subject to that the Remuneration Committee, the US Committee and the Audit Committee will all be comprised of three members.
Agenda item 13-19
CVs for Directors are to be found on page 98-99 in the Kindred Group plc Annual and Sustainability Report for 2021 and on the Company's website.
Agenda item 20
The Nomination Committee proposes that Evert Carlsson is appointed the Chairman of the Board.
Agenda item 21
The Nomination Committee proposes that PricewaterhouseCoopers are re-appointed as auditors for the Company for 2022 and the Directors are authorised and empowered to determine their remuneration.
Agenda item 22
The Nomination Committee proposes that the Annual General Meeting resolves that, until the general meeting of the shareholders decides otherwise, the Nomination Committee shall consist of not less than four but no more than five members.
The members of the Nomination Committee shall represent all shareholders and be appointed by the largest shareholders at the end of August 2022 having expressed their willingness to participate in the Nomination Committee. Should any of these shareholders appoint the Chairman of the Board of Directors to the Nomination Committee, the Nomination Committee shall consist of five members. Otherwise, the Chairman of the Board shall be adjunct to the Nomination Committee. The other members shall be appointed by each of the subsequent largest shareholders expressing their willingness to participate in the Nomination Committee, within one week after they have been so asked. At the appointment of a member to the Nomination Committee, it shall be stated which shareholder that has appointed the member in question. Should a shareholder waive its right to appoint a member to the Nomination Committee, the opportunity to appoint a member shall be passed to the following largest shareholder which has already not appointed a member to the Nomination Committee.
The members of the Nomination Committee shall appoint the committee chair among themselves. The Chairman of the Board shall not chair the Nomination Committee. The names of the members of the Nomination Committee shall be announced no later than the date of the publication of the Company's interim report for the third quarter of 2022.
Should the ownership in the Company change, after the announcement of the Nomination Committee but before the end of the fourth quarter of 2022 to such an extent that the members of the Nomination Committee no longer reflect the shareholding structure as stipulated above, and the Nomination Committee so considers appropriate, the member of the Nomination Committee representing the shareholder with the lesser number of shares in the Company shall resign from the committee and the shareholder who has become the larger shareholder in the Company shall, in the order corresponding to its shareholding in the Company, be offered to appoint a new member to the Nomination Committee. Minor changes in the shareholding of the Company shall not be taken into account.
Shareholders who have appointed a member to the Nomination Committee have the right to dismiss that member and appoint a new member.
Should a member of the Nomination Committee leave his/her assignment prematurely and if the Nomination Committee deems appropriate, a new member shall be appointed by the shareholder who appointed the resigning member or, if the company shareholding structure has changed in the relevant make, by the shareholder who at that point of time has the larger shareholding in the Company.
No remuneration shall be paid to the members of the Nomination Committee.
Agenda item 23
The Board of Directors proposes that the 2022 Annual General Meeting resolves to approve the Board of Directors' proposal regarding guidelines for remuneration and other terms of employment for the CEO and other members of the Executive Management set forth below. Subject to the shareholder approval, the effective date of these guidelines will be applied retrospectively to 1 January 2022. The intention of the Board of Directors is that these remuneration guidelines will remain in place for four years from the date of approval. The guidelines remain as per those approved last year with exception that we are increasing the minimum shareholding requirement for Executive Management to 2 times annual net base salary in line with our new executive LTIP strategy and the proposed introduction of a new stock options plan as set out in Item 24.
Remuneration principles to support Kindred's long-term business strategy and sustainability
A successful implementation of our remuneration policy will ensure that Kindred can attract and retain the best people, enabling us to execute our business strategy and serve our long-term interests, including our sustainability goals. The policy of the Board is to attract, retain and motivate the best management by rewarding them with competitive compensation packages linked to the Group's financial and strategic objectives. The compensation packages are designed to be competitive, but importantly, also fair and reasonable in comparison with companies of a similar size, industry and international scope, and to strike the appropriate balance between risk and reward.
The short-term and long-term incentive plans are designed to support key business strategies and financial objectives and contribute to creating strong, sustainable performance for the Group. The performance measures used for short and long-term incentive plans are closely linked to our strategic objectives for sustainable growth. Performance measures as well as any corresponding targets are reviewed annually by the Committee to ensure that they continue to drive the right behaviours in executive managers and create value for our shareholders.
Remuneration guidelines by element
The components of remuneration for the Executive Management comprise base salary, short-term and long-term incentive plans, pension and other benefits. The remuneration guidelines do not apply to share-based incentive plans, which are subject to a separate resolution at the Annual General Meetings.
In the preparation of the Board of Directors' proposal for these remuneration guidelines, salary levels, incentive structures and employment conditions for other employees of the company have also been considered.
Base salary
Executive managers receive base salaries based on position, responsibilities, performance and competencies.
Short-term incentives
Short-term incentives for the Group typically take the form of annual bonuses and are paid in cash. Maximum variable cash-based incentives are capped at 150 percent of base salary.
Awards for any short-term incentive plans are contingent on financial measures such as for example EBITDA (aggregated across the Group), as well as customer experience, sustainability measures and business critical objectives. The Remuneration Committee selects the performance measures, targets and relative weightings at the start of each year to ensure strong alignment with business strategy and that targets are sufficiently stretching. The measures and targets are then reviewed and approved by the Board. Achievement of targets is assessed and formal approval for payment of awards is sought following the publication of the relevant period's financial results.
Long-term incentives
The long-term incentive incentives align the interests of executives with those of shareholders by granting performance shares and share options as a reward for delivery of long-term performance objectives, and for creating value for stakeholders. Performance measures, weightings and targets for these selected measures are set at the start of the 3-year performance/vesting period by the Remuneration Committee to ensure they continue to support Kindred's long-term strategy. The measures and targets are then reviewed and approved by the Board. Performance measures may include, but are not limited to, financial and share-price related measures.
Pension
Pension arrangements for the CEO and the other members of the Executive Management, are provided in the form of defined contribution plans, are competitive and appropriate in context of the market practice in the applicable country of executives' employment or residence and total remuneration.
Other benefits
Other benefits that may be provided are in accordance with market practice in the applicable country of executives' employment or residence and may change from time to time. Executive Management members may be eligible for benefits such as health insurance, life insurance, travel allowance, relocation support (where applicable), and to participate in whatever all-employee plans may be offered at any given point.
Share Ownership Guideline
The Board of Directors believes that the Executive Management members will most effectively pursue the long-term interests of our shareholders if they are shareholders themselves. As a result, we introduced share ownership guidelines which require that the CEO and other Executive Management members need to build up and maintain a minimum shareholding of 2 times net base annual salary to comply with this guideline.
Employment contract, termination of employment and severance pay
Executive contracts typically have an indefinite duration but may be offered on occasion for fixed term. Upon termination of employment, the notice period may not exceed twelve months. Fixed cash salary during the notice period and any severance pay may not, on a combined basis, exceed an amount equivalent to two years' salary.
Upon termination of employment a non-compete clause may restrict the employee from engaging in a competing business. The non-compete clause restriction covers no more than twelve months following termination of employment. During the non-compete clause period Kindred may pay the former employee an amount corresponding to no more than 60 per cent of twelve months' salary.
The decision-making process to determine, review and implement the remuneration guidelines
The Board of Directors has established a Remuneration Committee. The Committee's tasks include preparing the Board of Directors decision to propose remuneration guidelines for the CEO and the Executive Management. Proposal for new remuneration guidelines shall be prepared at least every fourth year and submitted to the Annual General Meeting. The remuneration guidelines shall be in force until new guidelines are adopted by the Annual General Meeting. The Remuneration Committee shall also monitor the annual implementation of these guidelines. In order to avoid any conflict of interest, remuneration is managed through well-defined processes ensuring no individual is involved in the decision-making process related to their own remuneration.
Malus & Clawback
The Board of Directors, under exceptional circumstances, may limit or cancel payments of variable remuneration provided that such actions are deemed reasonable (malus). The Board of Directors shall also have the possibility, under applicable law or contractual provisions and subject to the restrictions that may apply under law or contract, to in whole or in part reclaim variable remuneration paid on incorrect grounds (clawback).
Deviation from the guidelines
The Board of Directors may temporarily resolve to deviate from the guidelines, in whole or in part, if there in an individual case are special circumstances where a deviation is necessary in order to serve the Company's long-term interests, including its sustainability, or to ensure the company's financial viability. As set out above, the Remuneration Committee's tasks include preparing the Board of Directors' resolutions in respect to remuneration-related matters for the CEO and the Executive Management. This includes any resolutions to temporarily deviate from the guidelines.
Agenda item 24
Stock option plan for executive management
The Board of Directors has reviewed remuneration for the executive management team and concluded that the Company would benefit from an introduction of a stock option to complement the current performance share plan to further increasing the top management's alignment with long-term shareholder value creation. The Board proposes that the 2022 Annual General Meeting resolves to approve the Board of Directors' proposal regarding a stock option plan to the key executives in Kindred Group which will be used in conjunction with the existing performance share plan (PSP). This means that the long- term incentive plan structure from 2022 and onwards will be split between performance shares and stock options, as outlined below.
The proposed plan design is a three-year stock option plan where each stock option entitles the participant to purchase one Kindred SDR at a price of 120% of the Kindred SDR price at the grant date. The options will be granted freely in other locations outside of Sweden (employee stock options), while participants in Sweden will purchase the warrants at market value. The premium for the warrants in Sweden will be fully subsidised through an additional salary payment, and the subsidy is paid upfront and structured as a retention tool by requiring the participants to pay back the subsidy if they leave the company before exercise. All options can be exercised after the maturity date three years after grant. The total value of the allocation of both stock options and PSP shares will be equivalent to the annual fixed salary for each participant, and divided equally between the two instruments (i.e. 50% stock options / 50% PSP shares).
The suggested stock option plan may in total comprise no more than 0,5% of all issued shares in Kindred, and on an accumulated basis the three outstanding plans of 2022-2025 will amount to around 1.4% of dilution. The total estimated cost (including IFRS2) of the 2022 stock option plan is 3.9 GBP millions but will be compensated by a saving of 3.5 GBP millions from 50% a lower allocation of PSP shares to senior executives already mandated by earlier AGMs.
Agenda item 25
Acquisition of Own Shares
The Board of Directors proposes that the acquisition of shares/SDR's shall take place on Nasdaq Stockholm or via an offer to acquire the shares/SDRs to all shareholders. The purchases may take place on multiple occasions and will be based on actual market price and terms, prevailing regulations and the capital situation at any given time. Notification of any purchase will be made to Nasdaq Stockholm and details will appear in the Company's annual report and accounts.
The objective of the purchase is to achieve added value for the Company's shareholders (including through the implementation of the share buy-back program previously announced)1 and to give the Board increased flexibility with the Company's capital structure.
Following the purchase, the intention of the Board would be to either cancel, use as consideration for an acquisition or issue to employees under a Share Option programme (including, if approved, the stock option plan subject of agenda item 24) or Share Performance Scheme.
Once purchased under the Maltese Companies Act further shareholder approval will be required before those shares could be cancelled only. Shares/SDRs bought back pursuant to the Company's share buy-back program will be cancelled (refer to Agenda item 25). A separate authorisation for such cancellation is being recommended pursuant to Resolution (s);
If used as consideration for an acquisition, the intention would be that the actual Shares/SDRs would be offered to any potential transferor.
Agenda item 26
Share cancellation
The directors may decide to cancel all or some of shares/SDRs acquired pursuant to the buy-back program.
The Companies Act (Cap. 386 of the laws of Malta) stipulates that an extraordinary resolution of the shareholders of the Company is required in order to approve the reduction in the issued share capital of the Company.
Such resolution needs to be filed with the Registrar of Companies in Malta, who will publish details of such reduction. Creditors of the Company will then have a period of three months in which they can contest the reduction in capital. Upon the lapse of the three-month period, assuming that no contestations are received, the reduction in share capital can become effective.
In order to reflect the changes in the issued share capital, a revised memorandum of association of the Company indicating the reduced number of shares then in issue in the capital of the Company will need to be submitted to the Registrar of Companies.
The reduction in issued share capital will take place at such intervals and in such amounts (subject to the maximum amount of GBP 14,375) as the directors shall determine from time to time.
Agenda item 27
Share issue
The objectives of the authorisation to be granted in terms of this resolution are to increase the financial flexibility of the Company and to enable the Company to use its own financial instruments for payment in kind or through a set-off to a selling partner in connection with any business acquisitions the Company may undertake or to settle any deferred payments in connection with business acquisitions. The market value of the shares/SDRs on each issue date that will be used in determining the price at which shares/SDRs will be issued, should be the same as the market value of the shares/SDRs listed on Nasdaq Stockholm. A cap of 23 million ordinary shares/SDRs in the Company is being requested in connection with this authorisation. The cap will be reduced by the amount of any shares/SDRs bought back pursuant to Resolution (r) (but excluding shares / SDRs not already bought back by the Company on the date of the adoption of the resolution).
The Annual Report in English together with other documents regarding the AGM are available on the Company's website www.kindredgroup.com/AGM.
For information on how personal data are processed please see
By order of the Board
Kindred Group plc
Malta, April 2022
NOTE
1. A member entitled to vote at the meeting is entitled to appoint a proxy to vote on his or her behalf. A proxy need not also be a member.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE Kindred Group
|
https://www.whsv.com/prnewswire/2022/04/08/notice-kindred-group-plc-agm/
| 2022-04-08T11:36:02Z
|
SHANGHAI, April 8, 2022 /PRNewswire/ -- Shop Now, the new business jointly launched by JD.com and Dada Group (Nasdaq: DADA), and JD Super, JD.com's online supermarket business, released the "On-Demand Consumption Trend Report 2022" together recently. Based on Shop Now consumption data, the report reveals nine key consumption trends. For instance, the report finds out that consumers from five cites (Beijing, Shanghai, Shenzhen, Guangzhou, Chengdu) dominate the purchase power in the on-demand retail, number of millennial female users has grown more than 6 times YOY, and they present a strong preference for high quality milk.
Essential partner
Shop Now is dedicated for JD's on-demand consumer retail section. Connecting JD's nearly 570 million active customers to a wide range of products deliverable within one hour, Shop Now has become an essential partner of JD Super in omni-channel strategy. Based on Shop Now consumption data, the report shows that supermarket groceries are taking the lead in on-demand consumption scenarios.
As of the end of March, JD Super and Shop Now have put more than 34,000 offline stores online, providing on-demand retail and delivery services for consumers in about 400 cities across the country.
In terms of demographics, users under 35 account for 55 percent of the whole base. It's worth noting that users above 46 are gradually accepting Shop Now service, they now account for 24 percent of the whole user base, and daily necessities such as soybean oil is their preferred category of purchase.
Mothers born after 1995
The high growth rate of mother users born after 1995 attracts attention, the number has increased sixfold YOY in 2021. According to Nielsen's data, nearly 70 percent of stores specialized in maternal and infant products are still offline, yet to be penetrated by e-commerce. Through Shop Now, the new generation of mother users can place their orders online, and enjoy trustworthy products and timely delivery services.
As of the end of March, more than 45,000 physical stores on JDDJ sell mom and baby products, accounting for 1/3 of all the stores on the platform and covering over 1,700 cities and counties across the country. Over 4,000 brand chain mom and baby stores have gone online with JDDJ and with the "Shop Now" label, a signature of reliable quality, convenience and trustworthiness.
About Dada Group
Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China's largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company's two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."
View original content to download multimedia:
SOURCE DADA GROUP
|
https://www.whsv.com/prnewswire/2022/04/08/on-demand-consumption-trend-report-2022-reveals-key-consumer-preferences/
| 2022-04-08T11:36:09Z
|
FARMINGTON, Conn., April 8, 2022 /PRNewswire/ -- Otis Worldwide Corporation ("Otis") (NYSE: OTIS) received the results of its voluntary public tender offer to acquire the remaining 49.98% interest in Zardoya Otis, S.A. ("Zardoya Otis") it does not currently own. The Spanish National Securities Exchange Commission ("CNMV") announced acceptances of the tender offer representing 214,017,076 shares or 45.49% of shares outstanding, which will bring total Otis ownership of Zardoya Otis to 95.51%.
The voluntary tender is expected to settle on April 12, 2022. Upon settlement, Otis will own more than 95% of the outstanding Zardoya Otis shares, and the company will execute a squeeze out provision to acquire the remaining interest. The execution of the squeeze out transaction will result in the automatic delisting of the Zardoya Otis shares from the Madrid, Barcelona, Bilbao and Valencia stock exchanges, which is expected to occur in early-May.
"We are pleased with the strong interest in the voluntary tender offer, marking a significant milestone in our plans to increase our ownership in, and delist, Zardoya Otis," said Otis Chair, CEO and President Judy Marks. "This transaction will simplify our business structure, create value for customers and shareholders, while providing incremental growth opportunities for Otis."
The expected 2022 adjusted EPS accretion from the transaction is largely in line with prior expectations.
For further details, please see the regulatory announcement here.
About Otis
Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain more than 2.1 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 70,000 people strong, include 41,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo.
Use and Definitions of Non-GAAP Financial Measures
Otis Worldwide Corporation ("Otis") reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). We supplement the reporting of our financial information determined under GAAP with certain non-GAAP financial information. The non-GAAP information presented provides investors with additional useful information but should not be considered in isolation or as substitutes for the related GAAP measures. Moreover, other companies may define non-GAAP measures differently, which limits the usefulness of these measures for comparisons with such other companies. We encourage investors to review our financial statements and publicly filed reports in their entirety and not to rely on any single financial measure.
Adjusted diluted earnings per share ("EPS"), represents diluted earnings per share from continuing operations (a GAAP measure), adjusted for the per share impact of restructuring and other significant items of a non-recurring and/or nonoperational nature. Management believes adjusted EPS is a useful measure in providing period-to-period comparisons of the results of Otis' ongoing operational performance.
When we provide our expectations for adjusted EPS a reconciliation of the differences between the non-GAAP expectation and the corresponding GAAP measure (expected diluted EPS from continuing operations) generally is not available without unreasonable effort due to potentially high variability, complexity and low visibility as to the items that would be excluded from the GAAP measure in the relevant future period, such as unusual gains and losses, the ultimate outcome of pending litigation, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes or their probable significance. The variability of the excluded items may have a significant, and potentially unpredictable, impact on our future GAAP results.
Cautionary Statement
This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. From time to time, oral or written forward looking statements may also be included in other information released to the public. These forward-looking statements are intended to provide management's current expectations or plans for Otis' future operating and financial performance, based on assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as "believe," "expect," "expectations," "plans," "strategy," "prospects," "estimate," "project," "target," "anticipate," "will," "should," "see," "guidance," "outlook," "medium-term," "near-term," "confident," "goals" and other words of similar meaning in connection with a discussion of future operating or financial performance, the proposed tender offer by Otis to acquire all of the issued and outstanding shares of Zardoya Otis, S.A (the "Tender Offer") and the separation (the "Separation") from United Technologies Corporation (now known as Raytheon Technologies Corporation ("RTX")). Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, dividends, share repurchases, tax rates, research & development spend, credit ratings, net indebtedness and other measures of financial performance or potential future plans, strategies or transactions of Otis following the Separation or in connection with the Tender Offer, including the estimated costs associated with the Separation and the Tender Offer, or statements that relate to climate change and our intent to achieve certain environmental, social and governance targets or goals, including operational impacts and costs associated therewith, and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For those statements, Otis claims the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995. Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which Otis and its businesses operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction, pandemic health issues (including COVID-19 and variants thereof and the ongoing economic recovery therefrom and their effects on, among other things, global supply, demand and distribution), natural disasters and the financial condition of Otis' customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) future levels of indebtedness, capital spending and research and development spending; (4) future availability of credit and factors that may affect such availability, credit market conditions and Otis' capital structure; (5) the timing and scope of future repurchases of Otis' common stock ("Common Stock"), which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash; (6) fluctuations in prices and delays and disruption in delivery of materials and services from suppliers, whether as a result of COVID-19 or otherwise; (7) cost reduction or containment actions, restructuring costs and related savings and other consequences thereof; (8) new business and investment opportunities; (9) the outcome of legal proceedings, investigations and other contingencies; (10) pension plan assumptions and future contributions; (11) the impact of the negotiation of collective bargaining agreements and labor disputes; (12) the effect of changes in political conditions in the U.S. and other countries in which Otis and its businesses operate on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (13) the effect of changes in tax, environmental, regulatory (including among other things import/export) and other laws and regulations in the U.S. and other countries in which Otis and its businesses operate; (14) the ability of Otis to retain and hire key personnel; (15) the scope, nature, impact or timing of acquisition and divestiture activity, including among other things integration of acquired businesses into existing businesses and realization of synergies and opportunities for growth and innovation and incurrence of related costs; (16) the timing of closing, if any, of the Tender Offer and the ability to achieve the expected benefits of the Tender Offer and the timing thereof; (17) the ability to achieve the expected benefits of the Separation; (18) the determination by the Internal Revenue Service and other tax authorities that the distribution or certain related transactions should be treated as taxable transactions; and (19) the amount of our obligations and nature of our contractual restrictions pursuant to, and disputes that have or may hereafter arise under the agreements we entered into with RTX and Carrier Corporation in connection with the Separation. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see Otis' registration statement on Form 10 and the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Otis assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
Media Contact
Katy Padgett
+1-860-674-3047
kathleen.padgett@otis.com
Investor Relations Contact
Michael Rednor
+1-860-676-6011
investorrelations@otis.com
View original content:
SOURCE Otis Worldwide Corporation
|
https://www.whsv.com/prnewswire/2022/04/08/otis-receives-results-zardoya-tender-offer/
| 2022-04-08T11:36:16Z
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.