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Danielle Kurtzleben is a political correspondent assigned to NPR's Washington Desk. She appears on NPR shows, writes for the web, and is a regular on The NPR Politics Podcast. She is covering the 2020 presidential election, with particular focuses on on economic policy and gender politics. | https://www.keranews.org/2022-09-01/as-the-midterms-approach-some-republicans-are-changing-how-they-talk-about-abortion | 2022-09-01T20:43:59Z |
The student health Center at Oberlin College temporarily became the center of a maelstrom, as the company brought in to run it is part of a Catholic health system subject to religious directives.
Copyright 2022 NPR
The student health Center at Oberlin College temporarily became the center of a maelstrom, as the company brought in to run it is part of a Catholic health system subject to religious directives.
Copyright 2022 NPR | https://www.keranews.org/2022-09-01/at-oberlin-college-access-to-contraception-could-be-affected-by-religious-directives | 2022-09-01T20:44:05Z |
The water crisis in Jackson has restaraunts scrambling to stay open Published September 1, 2022 at 3:20 PM CDT Facebook Twitter LinkedIn Email As the water crisis in Jackson, Mississippi continues, restaurants are struggling to cope with the outages. Copyright 2022 NPR | https://www.keranews.org/2022-09-01/the-water-crisis-in-jackson-has-restaraunts-scrambling-to-stay-open | 2022-09-01T20:44:12Z |
Elissa Nadworny reports on all things college for NPR, following big stories like unprecedented enrollment declines, college affordability, the student debt crisis and workforce training. During the 2020-2021 academic year, she traveled to dozens of campuses to document what it was like to reopen during the coronavirus pandemic. Her work has won several awards including a 2020 Gracie Award for a story about student parents in college, a 2018 James Beard Award for a story about the Chinese-American population in the Mississippi Delta and a 2017 Edward R. Murrow Award for excellence in innovation. | https://www.keranews.org/2022-09-01/u-n-inspectors-arrive-at-the-zaporizhzhia-nuclear-plant-in-ukraine | 2022-09-01T20:44:18Z |
400,000 vehicles expected on W.Va. Turnpike Labor Day weekend
CHARLESTON, W.Va. (WSAZ) - About 400,000 vehicles are expected to pass through toll booths on the West Virginia Turnpike over the four-day Labor Day weekend.
“Labor Day weekend typically isn’t as big a weekend for summer travel as July 4 weekend or even Memorial Day weekend,” said Jeff Miller, executive director of the West Virginia Parkways Authority.
Still, the Parkways Authority expects 400,000 vehicles on the Turnpike between Friday, Sept. 2, 2022, and Monday, Sept. 5, 2022. Friday and Monday are expected to be the highest travel days.
We still plan for this as we do other holiday weekends and staff accordingly throughout our tolling operations with collectors and traffic flaggers, Courtesy Patrol units & State Police Troop 7,” Miller said.
“Peak travel times on Friday will begin around noon and continue throughout the evening, whereas Monday we will see higher traffic volume starting earlier in the day and continue into the early evening,” he said.
Keep checking the WSAZ app for the latest information.
Copyright 2022 WSAZ. All rights reserved. | https://www.wvva.com/2022/08/31/400000-vehicles-expected-wva-turnpike-labor-day-weekend/ | 2022-09-01T21:11:36Z |
8-year-old paralyzed in Fourth of July parade shooting may have ‘some cognitive loss,’ family says
(CNN) – The family of the 8-year-old boy left paralyzed from the Fourth of July mass shooting in Highland Park, Illinois, said he may have “some cognitive loss.”
Cooper Roberts is paralyzed from the waist down after being shot in the back and has undergone multiple surgeries.
His family gave an update on him Thursday, saying his rehabilitation team is seeing some patterns of behavior that may indicate cognitive loss.
They said he wasn’t well enough and not talking enough for the issues to be noticed sooner.
Therapists are seeing short-term memory loss, word recovery issues and loss of fine motor skills acuity.
The rehabilitation team is working with the family to assess long-term needs for Cooper after his eventual return home from the hospital.
Seven people were killed and dozens more were injured in the mass shooting during the Independence Day parade.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wvva.com/2022/09/01/8-year-old-paralyzed-fourth-july-parade-shooting-may-have-some-cognitive-loss-family-says/ | 2022-09-01T21:11:42Z |
Coffee shop employee’s reaction to first paycheck is priceless
BOSTON, Mass. (WBZ) – A video of an employee from a coffee shop in Massachusetts celebrating his first paycheck has gone viral, and his reaction is helping to highlight the company’s mission of inclusivity.
This week marks Bitty and Beau’s first anniversary at its location in Melrose, Mass. The coffee shop proudly employs men and women who live with intellectual disabilities.
The drinks are delicious, and the staff is welcoming.
“I get to come in with a smiling face and have a good attitude every single day,” employee Kevin Burke said.
The staff of more than 30 sweet smiles continues to grow.
New hire Joe Sullivan just earned his first paycheck and millions have cheered for him online.
His joyful jumping up and down has captured the attention of more than 3.3 million viewers on social media, leaving the ones who care about him most with a full heart.
“A lot of times I say you might not be able to change the whole world, but we can change our world, right? That’s what he’s doing. One coffee at a time,” Sullivan’s mother, Tonya said.
Bitty and Beau’s mission of inclusion and acceptance is an answered prayer for the families and friends who cherish the bright workers the company employs.
Copyright 2022 WBZ via CNN Newsource. All rights reserved. | https://www.wvva.com/2022/09/01/coffee-shop-employees-reaction-first-paycheck-is-priceless/ | 2022-09-01T21:11:49Z |
Electric-motor watercrafts maker to open plant in WVa
WHITE SULPHUR SPRINGS, W.Va. (AP) — Pure Watercraft will manufacture electric-motor pontoon boats in West Virginia, Gov. Jim Justice announced.
The Seattle-based company will invest at least $5 million in a former steel plant in the Northern Panhandle community of Beech Bottom and expects to create more than 100 full-time jobs by the end of 2025, the governor’s office said Wednesday.
The Pure Pontoon Boat is being developed in collaboration with General Motors Corp., Justice’s office said in a news release.
Company founder and CEO Andy Rebele said Pure Watercraft plans to start building and fulfilling orders at the plant in early 2023.
Electric boating has been embraced by celebrities like Drake, Robert De Niro and Greta Thunberg, according to Montreal-based Vision Marine Technologies. Many tour operators have turned to electric boats, and so have cities for rental and water taxis.
Many waters have been designated marine protected areas — 26% in the United States, according to the National Oceanic and Atmospheric Administration — which ban motorized boats. Many allow electric boats because they are cleaner and emit no sound.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/09/01/electric-motor-watercrafts-maker-open-plant-wva/ | 2022-09-01T21:11:55Z |
Elementary school teacher, her 2 children found shot to death, officials say
HORRY COUNTY, S.C. (WMBF/Gray News) - A woman who taught at an elementary school and her two children are dead after a shooting in a South Carolina neighborhood.
WMBF reports the Horry County Police Department responded to a home Wednesday afternoon near Centennial Circle and Carolina Forest Boulevard for a welfare check when they discovered three bodies inside the house.
The coroner’s office identified the bodies as 42-year-old Laura Moberley, 11-year-old Eric Moberley and 8-year-old Emily Moberley. They died from gunshot wounds.
An incident report showed that police tried to contact the people reportedly inside the home, but there was no answer. Officers then forced entry into the house through the front door, and the bodies were found.
“Our community is hurting today, and that is undeniable,” the Horry County Police Department said in a statement. “We ask that you be kind to one another - you may not know who has been impacted by this tragedy.”
Horry County Schools confirmed that Laura Moberley was working at the Carolina Forest Elementary School as a teacher and helping students improve their learning skills.
The school district added that Emily was a third-grade student at the elementary school and Eric was in the 11th grade at Ten Oaks Middle School.
On Thursday, the school district released the following statement:
“We are at a loss for words after learning of the tragic incident that affected an entire family with ties to Horry County Schools. We lift our strongest prayers for the Moberley family and for everyone who knew them. We encourage our community to keep our students and staff in their thoughts and prayers during this incredibly difficult time.
Our district has a team of counselors made up of professionals trained to help with the needs of students, parents, and school personnel at difficult times such as this. Our counselors are available at the affected schools for any student or employee who may need or want assistance surrounding this tragedy.”
Horry County police said the incident remains under investigation.
Copyright 2022 WMBF via Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/09/01/elementary-school-teacher-her-2-children-found-shot-death-police-say/ | 2022-09-01T21:12:01Z |
Ex-NYPD officer gets 10 years in prison for Jan. 6 attack
WASHINGTON (AP) — A retired New York Police Department officer was sentenced on Thursday to 10 years in prison for attacking the U.S. Capitol and using a metal flagpole to assault one of the police officers trying to hold off a mob of Donald Trump supporters.
Thomas Webster’s prison sentence is the longest so far among roughly 250 people who have been punished for their conduct during the riot on Jan. 6, 2021. The previous longest was shared by two other rioters, who were sentenced separately to seven years and three months in prison.
Webster, a 20-year NYPD veteran, was the first Capitol riot defendant to be tried on an assault charge and the first to present a self-defense argument. A jury rejected Webster’s claim that he was defending himself when he tackled Metropolitan Police Department officer Noah Rathbun and grabbed his gas mask outside the Capitol on Jan. 6.
U.S. District Judge Amit Mehta sentenced Webster, 56, to 10 years in prison plus three years of supervised release, noting that along with Rathbun, “the other victim was democracy.” He allowed Webster to report to prison at a date to be determined instead of immediately ordering him into custody.
Federal prosecutors had recommended a prison sentence of 17 years and six months. The court’s probation department had recommended a 10-year prison sentence. Mehta wasn’t bound by the recommendations.
In a court filing, prosecutors accused Webster of “disgracing a democracy that he once fought honorably to protect and serve.” Webster led the charge against police barricades at the Capitol’s Lower West Plaza, prosecutors said. They compared the attack to a medieval battle, with rioters pelting officers with makeshift projectiles and engaging in hand-to-hand combat.
“Each individual attack on an officer at the West Plaza weakened the defensive line, fueled the crowd, and brought the rioters one step closer toward disrupting our democracy,” they wrote.
Defense attorney James Monroe said Webster was “swept up in the fervor of the large crowd” but didn’t join many other rioters in entering the Capitol. Monroe said the mob was “guided by unscrupulous politicians” and others promoting the lie that the 2020 presidential election was stolen from the Republican incumbent.
“These forces championed by former President Donald Trump exerted an extraordinary amount of influence over those Americans present at the Capitol on Jan. 6 though their relentless disinformation,” Monroe wrote.
In May, jurors deliberated for less than three hours before they convicted Webster of all six counts in his indictment, including a charge that he assaulted Rathbun with a dangerous weapon, the flagpole.
Also Thursday, a New Jersey man pleaded guilty to using pepper spray on police officers, including one who later died. Officer Brian Sicknick suffered a stroke the day after the riot and died of natural causes. He and other officers were standing guard behind metal bicycle racks as the mob of pro-Trump supporters stormed the Capitol.
Julian Khater, 33, pleaded guilty to two counts of assaulting or impeding officers with a dangerous weapon. He could face up to 20 years in prison, though will likely face a sentence ranging from about 6 1/2 to 8 years at a hearing set for December.
The case against Khater and a second man have been among the more notable brought by the Justice Department. George Pierre Tanios brought the pepper spray in a backpack. Tanios previously pleaded guilty and is also set to be sentenced in December.
Webster had testified at trial that he was trying to protect himself from a “rogue cop” who punched him in the face. He also accused Rathbun of instigating the confrontation.
Rathbun testified that he didn’t punch or pick a fight with Webster. Rathbun said he was trying to move Webster back from a security perimeter that he and other officers were struggling to maintain.
Rathbun’s body camera captured Webster shouting profanities and insults before they made any physical contact. The video shows that Webster slammed one of the bike racks at Rathbun before the officer reached out with an open left hand and struck the right side of Webster’s face.
After Rathbun struck his face, Webster swung a metal flag pole at the officer in a downward chopping motion, striking a bike rack. Rathbun grabbed the broken pole from Webster, who charged at the officer, tackled him to the ground and grabbed his gas mask, choking him by the chin strap.
Webster drove alone to Washington, D.C., from his home near Goshen, New York, on the eve of the Jan. 6 “Stop the Steal” rally, where Trump addressed thousands of supporters. Webster was wearing a bulletproof vest and carrying a Marine Corps flag on a metal pole when he joined the mob that stormed the Capitol.
Webster said he went to the Capitol to “petition” lawmakers to “relook” at the results of the 2020 presidential election. But he testified that he didn’t intend to interfere with Congress’ joint session to certify President Joe Biden ‘s victory.
Webster retired from the NYPD in 2011 after 20 years of service, which included a stint on then-Mayor Michael Bloomberg’s private security detail. He served in the U.S. Marine Corps from 1985 to 1989 before joining the NYPD in 1991.
___
Associated Press writer Lindsay Whitehurst contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/09/01/ex-nypd-officer-gets-10-years-prison-jan-6-attack/ | 2022-09-01T21:12:08Z |
Former police officer and firefighter sentenced to prison for raping underage girl
CHARLESTON, W.Va. (WSAZ) - A former firefighter and police officer was sentenced Wednesday to 14 years in prison for raping an underage girl, according to the U.S. Department of Justice.
Christopher Osborne, 26, also must serve five years of supervised release and register as a sex offender, according to the news release.
Investigators say the incident happened in a bunk room at the Danville Volunteer Fire Department in Boone County.
Osborne also had served as a police officer in Marmet, as well as a firefighter in both Danville and Charleston.
Investigators say Osborne “used his position, authority, and status as a firefighter to forcibly sexually assault the victim” in January 2021.
For previous coverage:
Police officer facing sexual assault charges
Copyright 2022 WSAZ. All rights reserved. | https://www.wvva.com/2022/09/01/former-police-officer-firefighter-sentenced-prison-raping-underage-girl/ | 2022-09-01T21:12:15Z |
Gas prices decline ahead of Labor Day weekend; 20% lower than July
(Gray News) - After numerous price hikes at the pump, it looks like we are seeing a dip in prices continue as we approach the unofficial end of summer.
According to GasBuddy, gas prices ahead of Labor Day weekend are expected to be the lowest since March 3 and 20% lower than on Independence Day, at an average of $3.79 per gallon nationally.
The soaring gas prices seen earlier in the year threw a wrench into most of our road trip plans. GasBuddy reports gasoline demand over Independence Day weekend was notably lower than in 2021, and the decline in gallons used in recent weeks continues to push demand down along with prices.
“It was a dizzying time as gas prices surged ahead of summer, which caused many Americans to rethink their summer travel plans,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “As the sun sets on summer, gas prices are in far more familiar territory and could continue to decline well into fall.”
For those hitting the road as summer travel season comes to a close, market analysts recommend shopping around for the best prices.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/09/01/gas-prices-decline-ahead-labor-day-weekend-20-lower-than-july/ | 2022-09-01T21:12:21Z |
GRAPHIC: ‘Winnie the Pooh’ horror film releases first trailer
(CNN) - A beloved children’s tale is being reimagined into a disturbing horror film.
WARNING: The trailer contains graphic film footage and is not for kids.
The new trailer for “Winnie the Pooh: Blood and Honey” is out now.
A demonic-looking Pooh and Piglet have turned against their childhood friend Christopher Robin after apparently being abandoned by him when he went off to college.
According to director Rhys Waterfield, Christopher Robin’s absence made Pooh and Piglet’s lives quite difficult, and they’ve essentially become feral.
Waterfield told Variety the response to the trailer has been” absolutely crazy.”
The film was shot in 10 days in England.
Waterfield said they’re expediting the edit to get it through post-production as fast as possible. A release date has not yet been announced.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wvva.com/2022/09/01/graphic-winnie-pooh-horror-film-releases-first-trailer/ | 2022-09-01T21:12:27Z |
WATCH: Beagles rescued from breeding facility touch grass, feel the sun for the first time
SARASOTA, Fla. (WWSB/Gray News) - Moments of pure joy were caught on camera as a number of beagle pups, who had never experienced life outside a cage, got their first sniff of outside air and played on grass for the first time.
The 18 dogs had their life-changing experience Thursday at the Humane Society of Sarasota County, Florida, as reported by WWSB.
The 18-month-old pups were from a group of 4,000 beagles rescued from a medical breeding facility in Virginia and are soon on the way to their forever homes.
Anna Gonce, the Humane Society’s executive director, said the day was exactly what the organization tries to accomplish.
“You know, these guys were rescued from what was going to be a very miserable life,” she said. “And to be able to give them their first day outside, underneath the blue sky, and the grass and trees and just watch them play and be normal dogs is what we’ve been waiting for all week.”
The dogs were rescued earlier this year after the federal government began a civil enforcement case against Envigo RMS, which owned and operated a facility that breeds beagles for medical research.
After federal officials accused the company of a series of animal welfare violations, including allegedly killing animals instead of providing medical care, a judge issued a restraining order imposing a series of restrictions on the facility. In June, company officials announced plans to close it.
The Humane Society of the United States took on the task of caring for the rescued animals, disbursing them around the U.S. The Sarasota County chapter received 18 pups, who were quarantined for about seven days until Thursday when they were able to run free for the first time.
Lori Schook was one of the volunteers who helped get some of the dogs out of their cages.
“Some of them are scared, and some of them want all your attention,” she said. “But they’re so sweet. This is why I do this. I love it.”
Getting them adopted will not be a problem, according to Gonce. They’ve gotten about 400 applications for these 18 beagles.
“What’s amazing about these dogs is even though they lived in very terrible circumstances, you can see how much they trust people,” Gonce said. “So, as long as their adopters go slow, and just give them the time they need to adjust, and just realize that every single thing they’re doing is the first time they’ve ever done it, they are going to make wonderful family pets.”
All beagles will be neutered, microchipped, dewormed, vaccinated and receive other preventatives.
“You know, this is a happy day for us,” Gonce said. “It’s a happy day for the dog ... And that’s all we’re thinking about today.”
You can help fund the beagle rescue effort by visiting: www.hssc.org/give/donate/donate-now.
- Information from The Associated Press was used in this report.
Copyright 2022 WWSB via Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/09/01/watch-beagles-rescued-breeding-facility-touch-grass-feel-sun-first-time/ | 2022-09-01T21:12:34Z |
2022 Virginia ABC liquor sales soar
Published: Sep. 1, 2022 at 4:53 PM EDT|Updated: 41 minutes ago
CHARLOTTESVILLE, Va. (WVIR) - Liquor sales are up higher this year in Virginia.
Virginia ABC reported a gross revenue of $1.4 billion, up $60 million from 2021. The increase is being attributed to more businesses reopening for in-person dining and six ABC store expansions.
“This was really the year of the restaurant comeback. Our restaurant licensees really came back in a big way, especially after 2020 and how devastating that was. And so our growth this year was really about licensee growth,” Virginia ABC CEO Travis Hill said.
Tito’s Handmade was a top seller, followed by Hennessy.
Do you have a story idea? Send us your news tip here.
Copyright 2022 WVIR. All rights reserved. | https://www.whsv.com/2022/09/01/2022-virginia-abc-liquor-sales-soar/ | 2022-09-01T21:35:34Z |
8-year-old paralyzed in Fourth of July parade shooting may have ‘some cognitive loss,’ family says
(CNN) – The family of the 8-year-old boy left paralyzed from the Fourth of July mass shooting in Highland Park, Illinois, said he may have “some cognitive loss.”
Cooper Roberts is paralyzed from the waist down after being shot in the back and has undergone multiple surgeries.
His family gave an update on him Thursday, saying his rehabilitation team is seeing some patterns of behavior that may indicate cognitive loss.
They said he wasn’t well enough and not talking enough for the issues to be noticed sooner.
Therapists are seeing short-term memory loss, word recovery issues and loss of fine motor skills acuity.
The rehabilitation team is working with the family to assess long-term needs for Cooper after his eventual return home from the hospital.
Seven people were killed and dozens more were injured in the mass shooting during the Independence Day parade.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.whsv.com/2022/09/01/8-year-old-paralyzed-fourth-july-parade-shooting-may-have-some-cognitive-loss-family-says/ | 2022-09-01T21:35:44Z |
BRCC and Augusta Health partner to combat nursing shortage with new program
FISHERSVILLE, Va. (WHSV) - A new partnership between Augusta Health and Blue Ridge Community College will provide more opportunities for those wanting to pursue a career in nursing, and combat the staffing shortage hitting the Valley.
The Augusta Health Scholars program will provide students financial support for tuition and supplies to pursue their Associate degrees along with a monthly stipend.
Augusta Health’s Chief Nursing Officer said it’s an opportunity to help many of those enrolled in nursing school who are working part-time or full-time on top of classes.
“When I was in nursing school, I also had to choose 25 years ago between working and putting everything I had into nursing school, which is what it takes to graduate. And so many times I had to make a tough decision as well,” CNO for Augusta Health Crystal Farmer said.
The Augusta Scholars Program will support up to 15 participants in its first year who will receive clinical instruction from Augusta Health staff.
For more information, click here.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/01/brcc-augusta-health-partner-combat-nursing-shortage-with-new-program/ | 2022-09-01T21:35:55Z |
Coffee shop employee’s reaction to first paycheck is priceless
BOSTON, Mass. (WBZ) – A video of an employee from a coffee shop in Massachusetts celebrating his first paycheck has gone viral, and his reaction is helping to highlight the company’s mission of inclusivity.
This week marks Bitty and Beau’s first anniversary at its location in Melrose, Mass. The coffee shop proudly employs men and women who live with intellectual disabilities.
The drinks are delicious, and the staff is welcoming.
“I get to come in with a smiling face and have a good attitude every single day,” employee Kevin Burke said.
The staff of more than 30 sweet smiles continues to grow.
New hire Joe Sullivan just earned his first paycheck and millions have cheered for him online.
His joyful jumping up and down has captured the attention of more than 3.3 million viewers on social media, leaving the ones who care about him most with a full heart.
“A lot of times I say you might not be able to change the whole world, but we can change our world, right? That’s what he’s doing. One coffee at a time,” Sullivan’s mother, Tonya said.
Bitty and Beau’s mission of inclusion and acceptance is an answered prayer for the families and friends who cherish the bright workers the company employs.
Copyright 2022 WBZ via CNN Newsource. All rights reserved. | https://www.whsv.com/2022/09/01/coffee-shop-employees-reaction-first-paycheck-is-priceless/ | 2022-09-01T21:36:02Z |
Ex-NYPD officer sentenced to record 10 years for Jan. 6 riot
WASHINGTON (AP) — A retired New York Police Department officer was sentenced on Thursday to a record-setting 10 years in prison for attacking the U.S. Capitol and using a metal flagpole to assault one of the police officers trying to hold off a mob of Donald Trump supporters.
Thomas Webster’s prison sentence is the longest so far among roughly 250 people who have been punished for their conduct during the riot on Jan. 6, 2021. The previous longest was shared by two other rioters, who were sentenced separately to seven years and three months in prison.
Webster, a 20-year NYPD veteran, was the first Capitol riot defendant to be tried on an assault charge and the first to present a self-defense argument. A jury rejected Webster’s claim that he was defending himself when he tackled Metropolitan Police Department officer Noah Rathbun and grabbed his gas mask outside the Capitol on Jan. 6.
U.S. District Judge Amit Mehta sentenced Webster, 56, to 10 years in prison plus three years of supervised release. He allowed Webster to report to prison at a date to be determined instead of immediately ordering him into custody.
“Mr. Webster, I don’t think you’re a bad person,” the judge said. “I think you were caught up in a moment. But as you know, even getting caught up in a moment has consequences.”
Webster turned to apologize to Rathbun, who was in the courtroom but didn’t address the judge. Webster said he wishes he had never come to Washington, D.C.
“I wish the horrible events of that day had never happened,” he told the judge.
The judge said Rathbun wasn’t Webster’s only victim on Jan. 6.
“The other victim was democracy, and that is not something that can be taken lightly,” Mehta added.
Federal prosecutors had recommended a prison sentence of 17 years and six months. The court’s probation department had recommended a 10-year prison sentence. Mehta wasn’t bound by the recommendations.
In a court filing, prosecutors accused Webster of “disgracing a democracy that he once fought honorably to protect and serve.” Webster led the charge against police barricades at the Capitol’s Lower West Plaza, prosecutors said. They compared the attack to a medieval battle, with rioters pelting officers with makeshift projectiles and engaging in hand-to-hand combat.
“Nothing can explain or justify Mr. Webster’s rage. Nothing can explain or justify his violence,” Assistant U.S. Attorney Hava Mirell said Thursday.
Defense attorney James Monroe said in a court filing that the mob was “guided by unscrupulous politicians” and others promoting the lie that the 2020 presidential election was stolen from the Republican incumbent. He questioned why prosecutors argued that Webster didn’t deserve leniency for his 25 years of service to his country and New York City.
“That is not how we measure justice. That is revenge,” Monroe said.
In May, jurors deliberated for less than three hours before they convicted Webster of all six counts in his indictment, including a charge that he assaulted Rathbun with a dangerous weapon, the flagpole.
Also Thursday, a New Jersey man pleaded guilty to using pepper spray on police officers, including one who later died. Officer Brian Sicknick suffered a stroke the day after the riot and died of natural causes. He and other officers were standing guard behind metal bicycle racks as the mob of pro-Trump supporters stormed the Capitol.
Julian Khater, 33, pleaded guilty to two counts of assaulting or impeding officers with a dangerous weapon. He could face up to 20 years in prison, though will likely face a sentence ranging from about 6 1/2 to 8 years at a hearing set for December.
The case against Khater and a second man have been among the more notable brought by the Justice Department. George Pierre Tanios brought the pepper spray in a backpack. Tanios previously pleaded guilty and is also set to be sentenced in December.
Webster had testified at trial that he was trying to protect himself from a “rogue cop” who punched him in the face. He also accused Rathbun of instigating the confrontation.
Rathbun testified that he didn’t punch or pick a fight with Webster. Rathbun said he was trying to move Webster back from a security perimeter that he and other officers were struggling to maintain.
Rathbun’s body camera captured Webster shouting profanities and insults before they made any physical contact. The video shows that Webster slammed one of the bike racks at Rathbun before the officer reached out with an open left hand and struck the right side of Webster’s face.
After Rathbun struck his face, Webster swung a metal flag pole at the officer in a downward chopping motion, striking a bike rack. Rathbun grabbed the broken pole from Webster, who charged at the officer, tackled him to the ground and grabbed his gas mask, choking him by the chin strap.
Webster drove alone to Washington, D.C., from his home near Goshen, New York, on the eve of the Jan. 6 “Stop the Steal” rally, where Trump addressed thousands of supporters. Webster was wearing a bulletproof vest and carrying a Marine Corps flag on a metal pole when he joined the mob that stormed the Capitol.
Webster said he went to the Capitol to “petition” lawmakers to “relook” at the results of the 2020 presidential election. But he testified that he didn’t intend to interfere with Congress’ joint session to certify President Joe Biden ‘s victory.
Webster retired from the NYPD in 2011 after 20 years of service, which included a stint on then-Mayor Michael Bloomberg’s private security detail. He served in the U.S. Marine Corps from 1985 to 1989 before joining the NYPD in 1991.
___
Associated Press writer Lindsay Whitehurst contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/09/01/ex-nypd-officer-gets-10-years-prison-jan-6-attack/ | 2022-09-01T21:36:09Z |
Gas prices decline ahead of Labor Day weekend; 20% lower than July
(Gray News) - After numerous price hikes at the pump, it looks like we are seeing a dip in prices continue as we approach the unofficial end of summer.
According to GasBuddy, gas prices ahead of Labor Day weekend are expected to be the lowest since March 3 and 20% lower than on Independence Day, at an average of $3.79 per gallon nationally.
The soaring gas prices seen earlier in the year threw a wrench into most of our road trip plans. GasBuddy reports gasoline demand over Independence Day weekend was notably lower than in 2021, and the decline in gallons used in recent weeks continues to push demand down along with prices.
“It was a dizzying time as gas prices surged ahead of summer, which caused many Americans to rethink their summer travel plans,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “As the sun sets on summer, gas prices are in far more familiar territory and could continue to decline well into fall.”
For those hitting the road as summer travel season comes to a close, market analysts recommend shopping around for the best prices.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/01/gas-prices-decline-ahead-labor-day-weekend-20-lower-than-july/ | 2022-09-01T21:36:15Z |
GRAPHIC: ‘Winnie the Pooh’ horror film releases first trailer
(CNN) - A beloved children’s tale is being reimagined into a disturbing horror film.
WARNING: The trailer contains graphic film footage and is not for kids.
The new trailer for “Winnie the Pooh: Blood and Honey” is out now.
A demonic-looking Pooh and Piglet have turned against their childhood friend Christopher Robin after apparently being abandoned by him when he went off to college.
According to director Rhys Waterfield, Christopher Robin’s absence made Pooh and Piglet’s lives quite difficult, and they’ve essentially become feral.
Waterfield told Variety the response to the trailer has been” absolutely crazy.”
The film was shot in 10 days in England.
Waterfield said they’re expediting the edit to get it through post-production as fast as possible. A release date has not yet been announced.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.whsv.com/2022/09/01/graphic-winnie-pooh-horror-film-releases-first-trailer/ | 2022-09-01T21:36:21Z |
JMU Football Opponent Report: Middle Tennessee
Published: Sep. 1, 2022 at 5:30 PM EDT|Updated: 5 minutes ago
HARRISONBURG, Va. (WHSV) - James Madison is preparing to host Middle Tennessee in the 2022 season opener Saturday night at Bridgeforth Stadium.
Kickoff is scheduled for 6 p.m. with live coverage airing on ESPN+.
JMU Football Opponent Report - Middle Tennessee
2021 Record: 7-6 Overall (Won Bahamas Bowl, 31-24, over Toledo)
Head Coach: Rick Stockstill (17th Season - 101-98 Overall)
Player to Watch: Jordan Ferguson (Defensive Lineman - 16.5 tackles for loss, 9 sacks in 2021)
Last Meeting: JMU won, 24-22, in 1994 (Only prior meeting between the two programs)
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/01/jmu-football-opponent-report-middle-tennessee/ | 2022-09-01T21:36:27Z |
NASA captures first-ever direct image of planet outside our solar system
(CNN) – NASA’s newest telescope has captured its first image of a planet outside our solar system.
These are known as exoplanets, and the one pictured is called HIP 65426B.
The planet is known as a gas giant and has six to 12 times the mass of Jupiter. It’s also an interstellar baby at only 15 to 20 million years old.
In comparison, Earth has been around for 4.5 billion years.
The James Webb Space Telescope captured four images, representing how the planet appears in four different bands of infrared light.
Scientists have known about the exoplanet, which is some 385 light years away, since 2017.
The new observation provides details like a water signature and evidence of carbon dioxide in its atmosphere.
The Hubble telescope was the first device to capture direct images of exoplanets.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.whsv.com/2022/09/01/nasa-captures-first-ever-direct-image-planet-outside-our-solar-system/ | 2022-09-01T21:36:34Z |
Two Valley groups join to raise awareness for Alzheimer’s and Dementia
HARRISONBURG, Va. (WHSV) - Mary Baldwin University’s Murphy Deming College of Health Sciences and the Alzheimer’s Association are partnering to raise awareness for Alzheimer’s and Dementia.
The Alzheimer’s Association will host their annual “Walk to End Alzheimer’s” on campus.
“We’re really excited that we developed a partnership between Murphy Deming College of Health Sciences and the Alzheimer’s Association here in our regional area,” said Lisa Shoaf, Dean of Murphy Deming.
The two groups have also put together an educational series for the students at Murphy Deming. The class on Thursday, Sept. 1 was attended by nearly 100% of students at Murphy Deming.
“We have taken this opportunity to work interprofessionally to educate our students on Alzheimer’s and dementia, and leading up to the event, we have had three lunch and learn series,” said Megan Ady, Associate Profession, Physician Assistant and faculty representative planning the walk.
The three classes are Understanding Alzheimer’s and Dementia, Effective Communication Strategies, and Understanding and Responding to Dementia Related Behavior. Ady said each lunch event was sponsored by a business like Lady Ady’s Boutique, Martin’s, Domino’s of Fishersville, Papa John’s of Staunton and Walmart of Waynesboro.
“As soon as the community hears that this is for Dementia and Alzheimer’s awareness, they have been completely on board, and they are so excited to have their business be part of this event,” said Ady.
Not only do these sessions help students feel more confident managing relationships with people who may have memory loss, patients and clients will benefit.
“Many of our students do in fact do rotations in the regional area here in various clinics and hospitals, but even if they go beyond our regional area, they’re going to encounter patients and clients with dementia and Alzheimer’s,” said Shoaf.
Additionally, the students who attend all three sessions will get a certificate.
“They’re going to be great professionals that can go out and leave these sessions and be advocates for this medical conditions and to promote awareness in the community,” Ady said.
The Walk to End Alzheimer’s will begin at 8 a.m. on Sept. 24 at Murphy Deming in Fishersville. The event is a large fundraising event for the Alzheimer’s Association, and Michelle LaRose said fundraising is going well.
“Our goal is $95,000. We already 53% there with a few weeks to do it and that’s when most of it comes in,” LaRose said.
Money raised goes to fund research, support and education. If you’d like to get involved with the walk, it’s not too late. Click here to find out how to participate.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/01/two-valley-groups-join-raise-awareness-alzheimers-dementia/ | 2022-09-01T21:36:40Z |
UVA Health: Hormone treatment during menopause has less risks than previously thought
CHARLOTTESVILLE, Va. (WVIR) - Research from UVA Health suggests that some of the information women use to make important decisions about menopause might be wrong.
Women approaching menopause have a choice: Get hormone treatment and risk cancer, or do not and endure hot flashes, sleep issues, and lose bone density.
“Many women became frightened of taking estrogen at all,” Doctor JoAnn Pinkerton with UVA Health said. “When that big study came out the risk were of breast cancer, heart disease, stroke, blood clots and probable dementia. Why would anyone take it?”
Many chose not to take hormone treatment after that study was released.
“For about 10 years after that study, nobody got estrogen,” Dr. Pinkerton said.
Now, UVA researchers believe those risks may not be there at all.
“If you’re really healthy, and you’re under the age of 60, or close to menopause, we actually don’t see those risks, and that actually may prevent heart disease and help your brain,” Dr. Pinkerton said.
Hormone treatment can still be a concern for women above 60.
“We don’t say at 60, you have to stop it, or you can’t start it, we just say we have to think about the risk versus the benefits for each woman, particularly as the age and I probably wouldn’t start it on somebody over 65 and 70, who’d never been on it,” Dr. Pinkerton said.
Dr. Pinkerton hopes this new information will change the way patients are treated during menopause.
“It’s their providers who are really trying to take away the fear and say if you’re having menopausal symptoms, let’s have a conversation, let’s look at your risk, let’s figure out how to do this. What’s our best options? How can we do it safely?” Pinkerton said.
The UVA Midlife Health Center has resources for anyone menopausal or pre-menopausal.
Do you have a story idea? Send us your news tip here.
Copyright 2022 WVIR. All rights reserved. | https://www.whsv.com/2022/09/01/uva-health-hormone-treatment-during-menopause-has-less-risks-than-previously-thought/ | 2022-09-01T21:36:46Z |
Valley group hosts vigil for missing three-year-old after almost one year since learning of her disappearance
VERONA, Va. (WHSV) - It has been almost one year since the disappearance of a three-year-old girl out of Augusta County became public information.
Khaleesi Cuthriell was reported missing eight months after she was last seen. Investigators have said they believe she’s dead.
A group in Augusta County is honoring the little girl this weekend.
Khaleesi was in the care of Candi Royer and Travis Brown before she went missing. Royer and Brown have been charged with several felonies in connection with her disappearance.
The girl’s story continues to devastate many in the Valley, and there will be a vigil to honor her and the anniversary of the announcement.
“I think in the end, it will help if we show people we’re not going to forget about her and that we keep getting her story out. I think it will press people, you know, if they know anything, for people to tell the truth so that she can be found,” said event organizer, Erin Landes.
On Saturday, the group will also be packing Journey Bags for kids in foster care to donate to Foster Love Ministries. The bags are filled with basic necessities and toys to help kids transition to one home to another.
“I put together eight bags, and I have a couple other ladies who have put bags together as well, but it’s just pretty much a bag full of personal items for the kids to take from home to home with them because a lot of times they don’t have anything,” said Landes.
If you’d like to contribute a bag or some supplies, click here. You don’t have to bring anything to participate in the vigil.
The events will be at 6 p.m. on Saturday at the Augusta County Sheriff’s Office.
If you have any information about Khaleesi Cuthriell, especially when she was in the care of Royer and Brown, you’re asked to contact the Augusta County Sheriff’s Office.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/01/valley-group-hosts-vigil-missing-three-year-old-after-almost-one-year-since-learning-her-disappearance/ | 2022-09-01T21:36:52Z |
WHSV EndZone - Week Two Preview
Published: Sep. 1, 2022 at 5:04 PM EDT|Updated: 30 minutes ago
HARRISONBURG, Va. (WHSV) - Week two of the high school football season kicks off Friday night.
WHSV Sports Director TJ Eck chats with Cody Elliott, sports editor at the Daily News-Record, about some notables results from week one and key games in week two.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/01/whsv-endzone-week-two-preview/ | 2022-09-01T21:36:58Z |
Youngkin administration outlines plan to withdraw Virginia from carbon market by regulation
Gov. Glenn Youngkin’s administration announced their newest plans for how they intend to withdraw Virginia from a regional carbon market Wednesday, a move critics say is not allowed by law, would drain important state programs of funding, and would hurt the fight against climate change.
Acting Secretary of Natural and Historic Resources Travis Voyles said at a State Air Pollution Control Board meeting that the administration plans to withdraw Virginia from the Regional Greenhouse Gas Initiative through changes to the regulations that govern the state’s participation in the market.
The regulatory process typically takes 18 to 24 months from start to finish, after which the air board will vote on repealing the regulation.
The move is a pivot from the approach outlined in an executive order Youngkin issued at the start of his term. That plan called for a two-track approach that would first repeal the regulation through an emergency provision and then eliminate it permanently through the normal regulatory process.
READ MORE ON VIRGINIAMERCURY.COM >>>
Copyright 2022 WWBT. All rights reserved. | https://www.whsv.com/2022/09/01/youngkin-administration-outlines-plan-withdraw-virginia-carbon-market-by-regulation/ | 2022-09-01T21:37:04Z |
Displaced residents of a flooded Pakistani town have flocked to colleges, hotels and institutes to live while they wait for government aid to help them rebuild after the heaviest rains in decades.
Copyright 2022 NPR
Displaced residents of a flooded Pakistani town have flocked to colleges, hotels and institutes to live while they wait for government aid to help them rebuild after the heaviest rains in decades.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/a-flooded-pakistani-town-faces-an-uncertain-future | 2022-09-01T21:42:26Z |
As children wrap up their first week of school, we check in with educators and mental health care providers about how they are doing emotionally.
Copyright 2022 NPR
As children wrap up their first week of school, we check in with educators and mental health care providers about how they are doing emotionally.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/a-new-school-brings-fresh-concerns-about-the-mental-health-of-students | 2022-09-01T21:42:32Z |
NPR's Juana Summers speaks to parents in Uvalde, Texas who have chosen to home school their kids rather than send them back to classes following the May 24th shooting at Robb Elementary School.
Copyright 2022 NPR
NPR's Juana Summers speaks to parents in Uvalde, Texas who have chosen to home school their kids rather than send them back to classes following the May 24th shooting at Robb Elementary School.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/as-new-school-year-approaches-some-uvalde-parents-opt-for-homeschooling | 2022-09-01T21:42:39Z |
As summer comes to an end, one last swim in the Adirondacks NPR | By Emily Russell Published September 1, 2022 at 2:20 PM MDT Facebook Twitter LinkedIn Email Flipboard As summer winds to a close, we'll take a last swim in a cool pond in New York's Adirondack Mountains. Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/as-summer-comes-to-an-end-one-last-swim-in-the-adirondacks | 2022-09-01T21:42:45Z |
A number of Republican candidates are amending their positions on abortion ahead of this fall's midterm elections.
Copyright 2022 NPR
A number of Republican candidates are amending their positions on abortion ahead of this fall's midterm elections.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/as-the-midterms-approach-some-republicans-are-changing-how-they-talk-about-abortion | 2022-09-01T21:42:52Z |
The student health Center at Oberlin College temporarily became the center of a maelstrom, as the company brought in to run it is part of a Catholic health system subject to religious directives.
Copyright 2022 NPR
The student health Center at Oberlin College temporarily became the center of a maelstrom, as the company brought in to run it is part of a Catholic health system subject to religious directives.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/at-oberlin-college-access-to-contraception-could-be-affected-by-religious-directives | 2022-09-01T21:42:58Z |
President Biden is set to deliver a prime-time speech on the fight for what he calls "the soul of the nation," reprising a theme he ran on for the November midterm elections.
Copyright 2022 NPR
President Biden is set to deliver a prime-time speech on the fight for what he calls "the soul of the nation," reprising a theme he ran on for the November midterm elections.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/biden-speech-will-address-fight-for-the-sould-of-the-nation | 2022-09-01T21:43:05Z |
Historians were invited to the White House to advise President Biden on threats to democracy. But the group faced criticism for being all white, and for the historical parallels they discussed.
Copyright 2022 NPR
Historians were invited to the White House to advise President Biden on threats to democracy. But the group faced criticism for being all white, and for the historical parallels they discussed.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/bidens-meeting-with-historians-over-threats-to-democracy-draws-criticism | 2022-09-01T21:43:06Z |
California lawmakers have approved subsidies to keep the Diablo Canyon nuclear power plant operating past a scheduled shutdown by 2025 in hopes of helping the state meet its climate change goals.
Copyright 2022 KCBX
California lawmakers have approved subsidies to keep the Diablo Canyon nuclear power plant operating past a scheduled shutdown by 2025 in hopes of helping the state meet its climate change goals.
Copyright 2022 KCBX | https://www.wyomingpublicmedia.org/2022-09-01/california-lawmakers-move-to-keep-the-states-last-nuclear-plant-open | 2022-09-01T21:43:12Z |
A federal judge is not yet ruling on former President Donald Trump's request for a special master, saying she will enter a written order at some point.
Copyright 2022 NPR
A federal judge is not yet ruling on former President Donald Trump's request for a special master, saying she will enter a written order at some point.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/federal-judge-hears-arguments-for-trumps-request-for-a-special-master | 2022-09-01T21:43:19Z |
Labor Day weekend could mean more headaches and frustration for fliers NPR | By David Schaper Published September 1, 2022 at 2:20 PM MDT Facebook Twitter LinkedIn Email Flipboard Airline pilots are warning that travelers may face more chaos this Labor Day weekend. Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/labor-day-weekend-could-mean-more-headaches-and-frustration-for-fliers | 2022-09-01T21:43:25Z |
Millions of Americans live in mobile-home parks because they are the only place they can afford to buy homes. But many are now at the mercy of big companies that own the land underneath those homes.
Copyright 2022 NPR
Millions of Americans live in mobile-home parks because they are the only place they can afford to buy homes. But many are now at the mercy of big companies that own the land underneath those homes.
Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/residents-of-mobile-homes-are-often-at-the-mercy-of-big-companies-who-own-their-land | 2022-09-01T21:43:26Z |
The water crisis in Jackson has restaraunts scrambling to stay open NPR Published September 1, 2022 at 2:20 PM MDT Facebook Twitter LinkedIn Email Flipboard As the water crisis in Jackson, Mississippi continues, restaurants are struggling to cope with the outages. Copyright 2022 NPR | https://www.wyomingpublicmedia.org/2022-09-01/the-water-crisis-in-jackson-has-restaraunts-scrambling-to-stay-open | 2022-09-01T21:43:32Z |
Elissa Nadworny reports on all things college for NPR, following big stories like unprecedented enrollment declines, college affordability, the student debt crisis and workforce training. During the 2020-2021 academic year, she traveled to dozens of campuses to document what it was like to reopen during the coronavirus pandemic. Her work has won several awards including a 2020 Gracie Award for a story about student parents in college, a 2018 James Beard Award for a story about the Chinese-American population in the Mississippi Delta and a 2017 Edward R. Murrow Award for excellence in innovation. | https://www.wyomingpublicmedia.org/2022-09-01/u-n-inspectors-arrive-at-the-zaporizhzhia-nuclear-plant-in-ukraine | 2022-09-01T21:43:39Z |
Instead of walking out with receipts for paid fines, they left with payment plans or options to attend classes or participate in community service instead.
Gavina Tamayo left the meeting space turned into a courtroom with the option to participate in a GED program that would connect her to job opportunities and daycare services for her toddler.
“I’m a single mother of three, and I really needed this help,” Tamayo says as she walks out of East Library and Recreation Center.
In one of the waiting rooms, Felicia Graves waited to ask the judge for help resolving multiple traffic tickets. Graves’ license was suspended over outstanding fines, meaning she and her son have had to find rides or hail a rideshare service like Uber of Lyft.
“It’s getting expensive, too,” Graves says.
Danielle Dulaney, an associate municipal judge, says the inaugural event was a way for the city to close out some of the more than 65,000 outstanding Class C warrants — especially as inflation stretches people’s wallets thin.
“We think there are a lot of people who really want to take care of these. They don’t want to have outstanding warrants. We think that they’re just not aware that, number one, they can come to the courthouse and they can talk with the judge,” Dulaney says.
And, more importantly, they can visit the courthouse without being arrested, she adds.
“People think it’s like a trap or something. It really isn’t. We’ve worked very hard not to only try to help people resolve these citations, but honestly, just to help them in general with everything going on right now,” Dulaney says.
The city cited Census statistics that 10.5% of Tarrant County residents live in poverty, as well as Tarrant County Homeless Coalition data that suggests more people entered houselessness than exited in January.
Arlington joins a handful of North Texas cities that have hosted or plan to host warrant forgiveness events. Fort Worth Municipal Court will host an event from 9 a.m. to noon Sept. 10 at Arlington Heights United Methodist Church.
Dulaney says she’d like to see future Arlington forgiveness events or a permanent community court if there’s a need in the community.
“Eventually if we’re able to do them on a continual basis or even have a home for community court, a permanent location, that’d be the long-term goal and the long-term vision that we’d really like to see,” she says.
Got a tip? Email Kailey Broussard at kbroussard@kera.org. You can follow Kailey on Twitter @KaileyBroussard.
KERA News is made possible through the generosity of our members. If you find this reporting valuable, consider making a tax-deductible gift today. Thank you. | https://www.keranews.org/government/2022-09-01/i-really-needed-this-help-arlington-court-program-offers-another-way-for-people-to-pay-fines | 2022-09-01T22:11:52Z |
Boomerang page plan, Sept. 2 Sep 1, 2022 Sep 1, 2022 Updated 42 min ago Comments Facebook Twitter WhatsApp SMS Email Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save BOOMERANG page plan for FRIDAY, Sept. 2 A1 (send color)Tease 1TODAY’S PICK ‘Tragic outcomes’: Mentally ill face fatal risk with police, Page A3Tease 2:Sports teaseTease 3:HEALTH CARE EXPANSION State mulls joining mental health care compacts, Page A6MAIN PACKAGE: Ghost-busting: Local teen, wild mustang quickly build bond through training program, Abby (photos)Plague confirmed in Albany County cat, StaffMental health tied to safe schools, WNE (breakout)Jumps to A3A2 (send color)Today/tomorrowWorth notingWhat’s happening?WeatherCorrection policy A3 (send color)Today’s pick: ‘Tragic outcomes’: Mentally ill face fatal risk with police, AP (photo) – use first photo, plsFree overdose antidote available, WNEOpinions differ on WEA education lawsuit, WNE – can hold if you wantJumps from A1A4 (send B&W)Syndicated cartoonGoodman/Moynihan column (Other voices)Lowry column (Other voices)New letters policyA5 (send color)Obits (1 little one)Mysterious moth-eating bears have a people problem, WNE (file photo)Around WyomingVol. 142 No. 180 A6 (send color)State mulls joining mental health care compacts, WNE (file photos)Petitioners protest county’s gravel pit plans, WNE A7 (send B&W)Wire stuff A8 CLASSIFIED (send color)Yup, it’s the back of A Section today.B SECTION B1-B2 UW WRAP (send color) B3-B4 SPORTS (send B3 color, B4 B&W) B5-B6 COMICS/PUZZLES (send B&W) B7-B8 UW WRAP (send color) Facebook Twitter WhatsApp SMS Email Print Copy article link Save Tags Wne Chemistry Transports Printing Politics Photo Plan Compact Health Care Color Petitioner Recommended for you Please enable JavaScript to view the comments powered by Disqus. comments powered by Disqus Trending Now Highway Patrol trooper arrested Tuesday; charges unknown Crumbl Cookies opens location in Cheyenne Hoss Woodard is doing all he can to give Cheyenne a 'Little Taste of Texas' New Unitarian Universalist minister finds home in Cheyenne Police blotter 8-27-22 Latest Special Section 2022 UW Football Preview To view our latest Special Section click the image on the left. Latest e-Edition Wyoming Tribune Eagle To view our latest e-Edition click the image on the left. | https://www.wyomingnews.com/boomerang-page-plan-sept-2/article_ebfa5bae-2a3c-11ed-9ca0-d34bee9ffbd3.html | 2022-09-01T22:11:52Z |
One year after Texas implemented what was then the most restrictive abortion law in the country, a majority of Texas voters are expressing strong support for abortion rights.
In a new survey, six in 10 voters said they support abortion being "available in all or most cases," and many say abortion will be a motivating issue at the ballot box in November. Meanwhile, 11% say they favor a total ban on abortion.
"We've known that politicians in Texas and across the country have been enacting harmful abortion bans. We've known that they've been out of step with what Texans want, and now we have the data to prove that," said Carisa Lopez, senior political director for the Texas Freedom Network, one of several reproductive rights groups that commissioned the poll.
Texas Freedom Network, a progressive nonprofit founded by former Planned Parenthood President Cecile Richards, describes its mission as monitoring and fighting back against the religious right in Texas.
Polling firm PerryUndem surveyed 2,000 Texas voters in late June, just before the Dobbs decision was issued. The poll had a margin of error of plus or minus 3 percentage points.
The data release comes one year after the implementation of S.B. 8, which relies on civil lawsuits to enforce a prohibition on most abortions after about six weeks.
Pollster Tresa Undem said she believes the issue is likely to motivate turnout among supporters of abortion rights in states including Texas in November.
"I think that's probably why in Texas we're seeing a shift in the Texas electorate becoming more pro-choice — because there's been that year of S.B. 8, and people experiencing that," Undem said.
Because of S.B. 8, Texas had provided an early example of the impact of restrictive abortions laws, months before the U.S. Supreme Court released its Dobbs v. Jackson Women's Health Organization decision overturning Roe v. Wade and other abortion-rights precedent.
In response to that ruling in late June, the state's trigger ban — also passed in 2021 in anticipation of Supreme Court action — also took effect, making abortion completely illegal in Texas except to save a patient's life during a medical emergency. Doctors say that exception is narrow and subject to interpretation, and some say they fear terminating pregnancies for patients facing medical crises.
Undem says she's seeing growing support for abortion rights among several key voting blocs including women, Latinos, and younger voters.
Among the key races this November is a gubernatorial matchup between Democrat Beto O'Rourke, an abortion rights supporter, and Republican incumbent Greg Abbott, who's been a vocal opponent of abortions and signed S.B. 8 into law last year. Abbott has maintained a consistent lead in several polls.
The survey found that O'Rourke supporters listed abortion access among the top issues motivating their votes, while Abbott supporters listed other issues as a higher priority, including border security, inflation, and the economy.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/news/2022-09-01/poll-one-year-after-sb-8-texans-express-strong-support-for-abortion-rights | 2022-09-01T22:11:58Z |
Monday
Cheyenne Planning Commission, 6 p.m., Council chambers of the Municipal Building, 2101 O’Neil Ave, and online via Zoom. For online access information, visit www.cheyennecity.org/ecm.
Cheyenne Planning Commission, 6 p.m., Council chambers of the Municipal Building, 2101 O’Neil Ave, and online via Zoom. For online access information, visit www.cheyennecity.org/ecm.
State Loan and Investment Board, 8 a.m., Capitol Complex Auditorium of the Wyoming State Capitol, 200 W. 24th St. Livestream available on the Legislature’s website at https://www.youtube.com/channel/UCf-ZcVa4lNyuJ1xEbYuCp4Q.
Wyoming Legislature’s Joint Education Committee, 8:30 a.m., Room W110 of the Wyoming State Capitol, 200 W. 24th St. Livestream available on the Legislature’s website at www.wyoleg.gov.
Cheyenne City Council’s Finance Committee, noon, Committee Room 104 of the Municipal Building, 2101 O’Neil Ave, and online via Zoom. For online access information, visit www.cheyennecity.org/ecm.
Laramie County Board of Commissioners, 3:30 p.m., Commissioners’ Board Room, Historic Courthouse, 310 W. 19th St. Visit https://laramiecounty.legistar.com/Calendar.aspx to attend the meeting virtually and comment online. During the meeting, comments may be called in at 633-4422.
Wyoming Legislature’s Joint Education Committee, 8:30 a.m., Room W110 of the Wyoming State Capitol, 200 W. 24th St. Livestream available on the Legislature’s website at www.wyoleg.gov.
Cheyenne City Council’s Public Services Committee, noon, Committee Room 104 of the Municipal Building, 2101 O’Neil Ave, and online via Zoom. For online access information, visit www.cheyennecity.org/ecm.
Wyoming Workforce Development Council, 1 p.m., Headwaters Arts and Conference Center, 20 Stalnaker St., Dubois, or virtually via Zoom. Information about joining the meeting as well as the full agenda is available at wyowdc.wyo.gov.
Cheyenne Board of Public Utilities, special meeting, 3 p.m., 2416 Snyder Ave. and online at https://www.cheyennebopu.org/About-Us/Board-Meetings.
Laramie County School District 2 Board of Trustees, Committee of the Whole meeting, 7 p.m., Pine Bluffs Junior-Senior High, 607 Elm St., Pine Bluffs.
Wyoming Workforce Development Council, 8 a.m., Headwaters Arts and Conference Center, 20 Stalnaker St., Dubois, or virtually via Zoom. Information about joining the meeting as well as the full agenda is available at wyowdc.wyo.gov.
Wyoming Legislature’s Select Committee on School Facilities, 8:30 a.m., Room W110 of the Wyoming State Capitol, 200 W. 24th St. Livestream available on the Legislature’s website at www.wyoleg.gov.
Wyoming Legislature’s Select Committee on School Facilities, 8:30 a.m., Room W110 of the Wyoming State Capitol, 200 W. 24th St. Livestream available on the Legislature’s website at www.wyoleg.gov.
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A receipt was sent to your email. | https://www.wyomingnews.com/news/government_meetings_listing/government-meetings-9-5-2022/article_c2f10e92-2a32-11ed-9a09-3beb6c4d8d6b.html | 2022-09-01T22:11:58Z |
CODY (WNE) — A raccoon, not a storm, is to blame for Cody’s Aug. 24 power outage, the second time in two years that a raccoon has turned off the lights. The electricity cutoff lasted for approximately two hours, from roughly midnight to 2 a.m.
According to Cody Public Works Director Phillip Bowman, a raccoon entered into the Glendale substation, causing equipment to short out and knocking out all of the circuits.
The substation serves three separate circuits in the vicinity of Cody and Markham reservoirs, Bowman said.
The raccoon died during the incident, and the circuit it damaged had to be rerouted to one of the city’s existing circuits.
“The city circuits are now feeding that (area) on a temporary basis and (the) Western Area Power Administration (WAPA) is starting to test and confirm the status of the equipment where the actual short was caused by the raccoon,” Bowman said. “So whether or not it’s still operable and meets all of the testing requirements, we don’t know yet.”
In April 2021, a raccoon entered and caused damage to a separate circuit at the substation.
“All the substations are fenced around the perimeter, but it’s definitely a human fence,” Bowman said. “It’s there to prevent humans from entering it, but snakes, raccoons and birds can typically dig under and get through those fences.”
During the power outage, the city worked with WAPA, which owns the Glendale substation, to get the equipment fixed and the power back on.
“We assisted them with the necessary control checks to ensure the substation was safe to power up again,” Bowman said. | https://www.wyomingnews.com/news/local_news/raccoon-causes-power-outage-in-cody/article_710183e0-2a2e-11ed-bdc5-777a414ddb76.html | 2022-09-01T22:12:05Z |
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POWELL – For years, maintenance to historic buildings at the Sunlight and Crandall ranger stations have been put off due to the lack of funding. Now, with the funds in hand, Shoshone National Forest crews and volunteers are hard at work in what they have termed the First Forest Initiatives.
The funding arrived thanks to the popular 2020 bipartisan Great American Outdoors Act. Now, the Shoshone and Bighorn national forests are able to do some much needed maintenance, including roads, bridges and historic structures.
The conservation legislation is using revenue from energy development to provide up to $1.9 billion a year through 2025 to provide needed maintenance for critical facilities and infrastructure in national parks, forests, wildlife refuges, recreation areas and American Indian schools. It will also use royalties from offshore oil and natural gas to permanently fund the Land and Water Conservation Fund to the tune of $900 million a year to invest in conservation and recreation opportunities across the country.
One high-priority project is refurbishing a historic cabin at the Crandall Ranger Station. Built in 1936, the cabin is currently used to house seasonal employees, which is a crucial component for maintenance work needed in the forest.
“When it was built, the district ranger lived there with his family year round. So this is part of continuing that tradition of having Forest Service personnel living on the forest. That’s really something that we’re pretty proud of,” said Shoshone spokesperson Kristie Thompson.
The beautiful cabin had fallen into disrepair, she said.
“The work will be complete next year. Then, in the summer of 2024, we will begin the work at Sunlight Ranger Station,” she said.
Much of the work is being completed by HistoriCorps, a nonprofit that provides volunteers of all skill levels with hands-on experience preserving historic structures on public lands across the country. Volunteers work with field staff to learn preservation skills and then put those skills to work saving historic places on public land.
Volunteers are from across the country and are a mix of adult age groups. Revenue from the LWCF will also be used to fix roads and reduce sediment in the forest.
“The project will improve water quality, restore habitat for Yellowstone cutthroat trout and maintain future access to adjacent areas for the public, contractors, permittees or firefighters,” according to Donna Nemeth, Rocky Mountain Region press officer.
The funding amounts to $294,000 for the next three years.
“What that translates to because of our partnership with HistoriCorps, is completing over $1.2 million of deferred maintenance,” Thompson said.
The group also received over $1.5 million to fix a couple of roads on the forest that continuously slump during spring. Forest crews have tried to put a “bandaid” on the problem in the past, she said. One of the roads affected is Clay Butte, which goes up to the Clay Butte fire tower.
The work is ongoing this summer in conjunction with Beartooth Highway work.
The Bighorn National Forest is also receiving funds from the program and will be rebuilding bridges along Cedar Creek and Driveway Trail. The two trail bridges will be built above the high-water mark to improve stream functioning and protect adjacent trails from erosion.
It will also allow the forest to improve Canyon Creek Road and do channel improvements of the waterway. The plan is to reconstruct and relocate approximately 600 feet of road and construct a new bridge to an area where the stream crossing is stable.
Former President Donald Trump signed the Great American Outdoors Act into law on Aug. 4, 2020. | https://www.wyomingnews.com/wyomingbusinessreport/industry_news/construction/federal-money-to-help-save-forest-infrastructure/article_3ee6ad82-2a37-11ed-b28e-97a597406b2f.html | 2022-09-01T22:12:17Z |
GILLETTE – The evolution of COVID-19 treatments has progressed throughout the two-and-a-half years since the pandemic took hold.
While much of the priority has been on immediate interventions for more severe COVID-19 cases, remedies for long-term symptoms that vary in type and severity have also made strides. Some cases of long COVID continue to present in patients weeks and months after the initial infection.
To help patients with that wide range of symptoms, Campbell County Health Rehabilitation Services has implemented a long COVID rehab program that is malleable to individual patient experiences and needs.
“We were starting to see more and more patients who had been COVID positive at some point and were struggling to get back to work,” said Shannon Sorensen, CCH director of rehabilitation.
The observations from physical therapists matched those of physicians in cardiology and complex medicine, she said, who corroborated that relatively young patients have been returning with curious symptoms weeks and months after getting COVID-19.
“They had no education on the pacing,” said Kasi Jensen, a CCH physical therapist, about long COVID patients. “When they tried to go back to working out or the things that they did before, they would actually make all of their symptoms worse and were prolonging their recovery.”
Cases of long COVID are marked by symptoms of fatigue, trouble breathing, blood pressure irregularity, persistent brain fog and more.
“The fatigue is probably one of the biggest things we see,” Sorensen said.
Symptoms are not limited to feeling drained.
It could present as an unusually long recovery time after exercise. Or it can manifest with bouts of anxiety and depression. It could even come in the form of ear pain, dizziness or skin rashes.
So earlier this year, the physical therapy specialists created a formal rehab program to monitor, treat and manage symptoms of patients with long COVID.
Classifications
While the majority of patients with COVID-19 recover within a few weeks, there are several classifications for instances that last for extended lengths of time.
Acute COVID-19 is when symptoms continue within the first four weeks. Post-acute COVID-19 is when those symptoms last into the four to 12-week range and long COVID can be diagnosed when symptoms persist after 12 weeks.
One in 10 COVID-19 cases results in symptoms that linger beyond 12 weeks, according to World Physiotherapy.
That estimate may differ, with the Centers for Disease Control and Prevention referencing a study from June that found one in 13 adults in the U.S. experience long COVID symptoms.
“When we see it, these tend to be (patients) that were healthier and didn’t recover back,” Sorensen said.
The understanding of how prevalent the illness is has coupled with more information on how to treat its different symptoms.
“We have a lot more objective data and now we can educate and teach our patients on symptom management,” Sorensen said.
To treat those cases that have become increasingly common, providers take a slowed down and individualized approach.
Unlike other aspects of physical therapy, where the goal is to often safely ramp up patient activity, the goal with long COVID treatment is often to slow the patient down, Sorensen said. Patients typically attend one or two therapy sessions each week for six to eight weeks.
The treatment plans during those sessions vary depending on the patients and their symptoms. In general, it entails gauging a baseline, monitoring it and measuring improvements through individualized goals.
It could include using blood flow restriction bands on arms and legs to improve blood circulation, speech therapy techniques for brain fog symptoms, and an array of other options catered to the symptom being targeted.
“Basically, it’s a lot of graded exercise based on the patient response model,” Jensen said. “It’s very variable.”
Timelines for treatment also vary, and some have seen significant results in 6-8 weeks, Sorensen said.
“We’ve definitely seen some that have improved significantly, even to the point that they have discharged and gotten back to pretty much a prior level,” she added.
Others have continued treatment but with less frequency due to improved symptoms.
The program, which began around April, has been tweaked throughout its first four or five months of action.
Part of the goal is to educate patients on pacing themselves, breathing techniques and awareness and not overdoing it, as to avoid setbacks and bring awareness to others who may benefit from treatment. For as many new long COVID cases as Sorensen said have come through the rehabilitation clinic, there are likely more cases that have gone undiagnosed.
“I think a lot of people aren’t seeking help, too,” Jensen said. | https://www.wyomingnews.com/wyomingbusinessreport/industry_news/health_care/rehab-programs-help-long-covid-19-patients-recover/article_6fe68326-2a37-11ed-9044-3f215bc9ed87.html | 2022-09-01T22:12:23Z |
There's a new kind of Covid-19 shot coming soon to a pharmacy or clinic near you.
The US Food and Drug Administration has authorized updated vaccines that target the original strain of the coronavirus as well as the Omicron subvariants BA.4 and BA.5. The hope is that these shots will improve protection against the currently circulating viruses that cause Covid-19.
Who should get these new shots? When will they be available? And why should you consider one?
Here's everything you need to know about the bivalent boosters.
What are bivalent vaccines?
These new bivalent vaccines carry instructions to help our cells make defenses against two strains of the virus that causes Covid-19. The shots direct cells to make antibodies that bind to certain parts of the spike proteins from both the original strain of the SARS-CoV-2 virus and the BA.4 and BA.5 Omicron subvariants, which share an identical spike.
BA.4 and BA.5 are the dominant variants in the United States, causing an average of 91,000 new infections each day.
"These are vaccines that are made, manufactured and delivered identically to the Covid mRNA vaccines that most of us have already gotten," said Dr. Gregory Poland, who leads the vaccine research group at Mayo Clinic in Rochester, Minnesota. "In a sense, you've just changed the blueprints."
Having twice the blueprints doesn't mean you're getting twice the dose of active ingredients, though.
"The total mRNA content -- the business part of the vaccine -- that leads to the immune response is the same amount," said Dr. William Gruber, senior vice president of vaccine research and development at Pfizer, which makes one of the updated vaccines.
Pfizer's booster is a 30-microgram dose that contains 15 micrograms of mRNA against the ancestral strain and 15 micrograms against the BA.4 and BA.5 variants. It is authorized for people as young as 12.
The company is also retooling its shots for children ages to 5 through 11 and will ask the FDA for authorization of those updated boosters in early October. It's working with the FDA to update vaccines for children ages 6 months through 4 years.
Moderna's bivalent booster is a 50-microgram dose, with 25 micrograms of mRNA designed to fight the ancestral strain of the coronavirus and 25 micrograms of mRNA designed to fight the BA.4 and BA.5 variants. It's authorized for people age 18 and older.
Where and when can I get an updated Covid-19 booster?
The government has already been taking orders for these vaccines, and now that the FDA has authorized them, millions of doses will ship to tens of thousands of sites across the country. These include community health centers, health departments and pharmacies.
As with past Covid-19 vaccines, these shots will be available free of charge. But they may be some of the last Covid-19 freebies from the government, which has said it's going to start commercializing treatments and vaccines this fall.
Pfizer says it has the capacity to ship up to 15 million doses by September 9.
Meanwhile, a panel of experts that advises the US Centers for Disease Control and Prevention on its vaccine recommendations will review the science behind the shots. At a meeting Thursday, the Advisory Committee on Immunization Practices will consider who should get the shots and when people should get them. If the committee votes to recommend them and CDC Director Dr. Rochelle Walensky signs off, people can start getting the shots right away.
"What I'm expecting is, after CDC action, you'll start seeing some places start giving some shots in arms over the weekend, but very relatively few because [of the] Labor Day weekend. And my expectation is over next week, or certainly over the next 10 days, you're going to start seeing these bivalent vaccines become widely available across the country," Dr. Ashish Jha, who leads the White House Covid-19 Response Team, told CNN.
The Biden administration expects appointment availability to ramp up over the first several days, with broad availability in a few weeks. People will be able to find locations at Vaccines.gov.
The government is also preparing to launch a campaign that will urge Americans to get their annual flu shot along with an updated Covid-19 booster. Research on this approach suggests that it's safe.
The updated Covid-19 inoculations will be the only game in town when it comes to boosters, at least for those 12 and up. The FDA says the older boosters are no longer authorized for this age group but will still be available as boosters for children ages 5 to 11.
How do we know the updated Covid-19 vaccines work?
These are the first Covid-19 vaccines that will be authorized for use in people after being tested only in mice. This is much the same process that's followed each year when annual flu shots are updated.
The FDA allowed companies to submit data from animal tests in order to speed these shots to the public. Studies in people are underway, according to Pfizer's Gruber.
Dr. Peter Marks, who directs the FDA's Center for Biologics Evaluation and Research, said he expects that it will be a month or two before data on humans is available.
Officials say urgency with these boosters is warranted going into the fall, when Covid-19 is still circulating at high levels and influenza is expected to make a return.
But the decision to rely on animal studies has generated some controversy.
Some vaccine experts feel that animal studies don't provide sufficient evidence for these vaccines at this stage in the pandemic.
"You're asking people to get a new product for which there's no data," Dr. Paul Offit, who directs the vaccine education center at Children's Hospital of Philadelphia, told CNN. "Mice data are not adequate to launch 100-plus-billion-dose effort."
Offit says it makes sense to use data from animal studies for updates to annual flu vaccines because we've used those shots for decades, and we understand what biomarkers to look for when gauging whether they work. These so-called correlates of protection are not as well understood for the Covid-19 vaccines.
It's not just the shots that are different, Poland said. At this point in the pandemic, our immune systems are, too. Nearly all Americans have been infected with the coronavirus, vaccinated or both. Some people have had four or five doses of vaccine.
"So if you say to me, 'can you assure me that getting dose five or dose six of this new vaccine in the background of having received these previous doses is absolutely safe?' I'd say 'no, I can't.' We're extrapolating. And I think we ought to be clear about that," Poland said.
FDA officials point out that animal studies weren't the only data they reviewed to make their decision. They considered two other lines of evidence.
The first is the vaccines' track records. The same basic vaccines have now been given to hundreds of millions of people around the world. They have been shown to be extremely effective at preventing severe disease and death from Covid-19. Risks associated with mRNA vaccination are very, very low.
The second line of evidence comes from bivalent vaccines that may soon be used in Europe.
Earlier this year, Pfizer and Moderna presented an independent panel of experts who advise the FDA with data on a bivalent vaccine designed to target the original strain of Omicron, BA.1. That data showed that the vaccines boosted antibody responses and were well-tolerated. The UK has authorized these vaccines, but they will not be available in the US.
The BA.1 strain isn't circulating any more, and the FDA asked the manufacturers to update their US shots to include BA.4 and BA.5 instead.
Marks said in a briefing Wednesday that some evidence suggests that the BA.4 and BA.5 strains generate a stronger immune response than BA.1, which is another reason officials wanted to include them in the updated shots.
FDA Commissioner Dr. Robert Califf said he understands that people may want to know more, but he's confident that these vaccines are safe and effective.
"It's fair for people to raise questions. But this really is the best consensus that we have among the experts that this is the best way to go. ... It's just painful to see people dying unnecessarily when there's a free treatment that would prevent their death," he said.
"I will be at the front of the line at the pharmacy getting my vaccination," said Califf, who will turn 71 next month. "I'm very confident about this."
In the past, tests of variant-specific vaccines have had lackluster results. It's hard to know what effect these bivalent vaccines could have.
In a recent preprint study, published ahead of peer review, scientists tried to estimate this with a meta-analysis, or a study of studies. The gathered estimates of antibody levels after booster doses against the ancestral strains, as well as against specific variants, and tried to use those levels to predict how well the shots would work.
They found that people got the biggest benefits from getting boosted, period. A booster against the ancestral strain of the virus that causes Covid-19 increased neutralizing antibodies 11-fold. The scientists estimated that would increase a person's protection against symptomatic infection over the next six months from 50% to 86.5%.
Variant-specific boosters worked a little better, but the difference wasn't dramatic. After those shots, protection against symptomatic infection over the next six months rose to 90.2%, just a 4.6% increase.
Are Covid-19 boosters safe?
A recent review of adverse events after mRNA booster vaccinations in adults the United States found that side effects were less common after booster doses than after second doses of the vaccine, and most were mild. About 1 in 8 adults reported a headache, fever or pain after a booster. In children and teens, commonly reported side effects after boosters were pain at the site of the injection, fatigue, headache and muscle aches.
Very rarely, mRNA vaccines can cause myocarditis, or swelling in or around the heart. After more than 80 million booster doses given in the United States, the government safety surveillance systems received 37 verifiable reports of myocarditis. Most of these were in men.
The highest rates of myocarditis in adults were in younger men -- ages 18 to 24. For every million booster doses given to men this age, the CDC expects about that about will have myocarditis. For adolescents, the rate is slightly higher but still extremely low: about 11 cases of myocarditis for every million doses.
Marks said that to minimize this risk, officials are directing that the vaccines be given at least two months after a previous dose.
"It seems to be associated when they're given closer to one another," he said.
Why are new shots needed?
The Covid-19 vaccines were due for an update.
As the coronavirus has been circulating, it has changed a lot. These changes have helped it slip past the antibodies that we made against older versions of the virus and older versions of the vaccine. As a result, it's gotten better at causing reinfections and breakthrough infections. Some of the monoclonal antibodies made to give people passive immunity against the virus have also stopped working against the new variants.
The hope is that giving people updated vaccines will improve their ability to fight off the infection and shore up protection against severe disease that causes hospitalization or death.
There is also some hope that updated boosters may slow the spread of the virus -- and thus the speed at which vaccine-busting variants appear.
The coronavirus is changing at blistering speed. In a meeting with FDA vaccine advisers last June, Trevor Bedford, a professor of epidemiology and biostatistics at Fred Hutchinson Cancer Reserach Center in Seattle, compared the speed of evolution of the viruses that cause Covid-19 to that of the viruses that cause influenza.
Among the faster influenza viruses, he said, it takes about three years for a new strain to emerge and start showing up in testing in significant numbers. Among the variants of the virus that causes Covid-19, the Delta variant pulled off this feat in a year. Omicron did it in three to four months.
So there is genuine concern that without something to slow transmission of the infection, we'll be forever stuck in catchup mode, waiting for faster and potentially more dangerous variants to emerge.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://www.kitv.com/news/coronavirus/everything-you-need-to-know-about-the-updated-covid-19-boosters/article_2f5fc7de-1e98-56c2-a016-8cd6b9e0e75e.html | 2022-09-01T22:25:52Z |
MILILANI, Hawaii (KITV4) -- One person was killed and two others suffered serious injuries in a two-car crash in the Mililani area, Thursday morning.
The crash happened just before 7 a.m. on Kunia Road. Several crews with Honolulu Emergency Medical Services (EMS) responded to the scene near Kunia Road and Kunia Drive.
According to Honolulu Police (HPD) crash investigators, a 57-year-old man was driving a Toyota pickup and was making a left turn from Kunia Drive onto Kunia Road when he was T-boned by a Jaguar sedan that was heading southbound on Kunia Road.
When EMS arrived they said they found the 57-year-old driver dead at the scene. A 50-year-old woman who was a passenger in the Toyota suffered serious injuries in the crash. The 35-year-old man who was driving the Jaguar also suffered serious injuries.
The two injured individuals were taken to the emergency room. An update on their conditions have not been given.
The cause of the crash is still under investigation. HPD said speed may have played a factor in the crash. It is unclear if drugs or alcohol played a role, investigators said.
Honolulu Police shut down Kunia Road, from the Kunia Post Office to Kunia Camp, while crews worked the scene.
This is the 34th deadly crash on Oahu so far in 2022.
Matthew has been the digital content manager for KITV4 since September 2021. Matthew is a prolific writer, editor, and self-described "newsie" who's worked in television markets in Oklahoma, California, and Hawaii. | https://www.kitv.com/news/local/1-killed-2-seriously-injured-in-two-vehicle-crash-on-kunia-road-near-mililani-update/article_bb53a7e4-2a28-11ed-8adb-432119ad8bc1.html | 2022-09-01T22:25:58Z |
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Casino worker gets ‘grand send-off’ into retirement after 55-plus years with company
LAS VEGAS (KVVU/Gray News) - A casino employee who has called Caesars Palace home for more than 55 years has officially retired.
According to Caesars Entertainment, Benny Figgins was hired at the property on April 27, 1967, and held positions in five different departments. He was also the final first-year employee working at the resort.
KVVU reports Figgins began his career with Caesars as a casino porter, assisting with maintaining cleanliness throughout the casino floor. He then became a convention porter and helped set up various events. Later, Figgins worked as a dishwasher at the original Bacchanal restaurant kitchen and a busboy in the Circus Maximus showroom.
Since 1971, Figgins served as a blackjack dealer in the original Palace Casino dome, the company said.
On Wednesday, Caesars Entertainment said Figgins received a “grand send-off fit for a Caesar” to help celebrate his retirement.
According to the company, Caesars Palace team members sent Figgins on his way through the resort’s main entrance after his final shift with “good wishes and cheers.” He left work for the last time with a special limo ride to his home.
Caesars Entertainment said that in honor of Figgins’ retirement, the company gifted him a commemorative plaque and a string of crystals from the chandelier that hung in the original casino dome at Caesars Palace.
As part of a recent renovation of the resort’s main entrance, the company notes that the gaming area where Figgins worked for the past five decades underwent an upgrade that included a new chandelier, columns and carpeting.
In June 2016, Caesars Palace noted that Figgins was one of five year-one employees still working at the property. The group received a 50th anniversary pin in honor of their work.
According to the company, some of Figgins’ most memorable moments included meeting celebrities such as Frank Sinatra, Sammy Davis Jr., Diana Ross, Henry Belafonte and Joe Louis.
Those weren’t his only highlights, as Figgins said he met his wife while working at the property in the early 1970s. The company said Figgins’ wife retired after working at the resort for 38 years as an operator and also a table games dealer. The couple has three daughters.
Figgins said he would miss working at Caesars Palace, which has been his home away from home.
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/01/casino-worker-gets-grand-send-off-into-retirement-after-55-plus-years-with-company/ | 2022-09-01T22:43:50Z |
Judge declines to overturn Elizabeth Holmes guilty verdict
SAN JOSE, Calif. (AP) — A federal judge on Thursday tentatively declined to overturn the jury conviction of disgraced Theranos CEO Elizabeth Holmes on four felony counts of fraud and conspiracy. That leaves the former Silicon Valley star a step closer to serving prison time.
U.S. District Judge Edward Davila won’t make that decision final until Oct. 17, when he is scheduled to sentence Holmes in the same San Jose, California, courtroom where a jury found her guilty of duping investors in her much-hyped blood-testing startup.
Holmes, 38, faces up to 20 years in prison and a $250,000 fine, plus restitution, for lying to investors about a Theranos technology she hailed as a revolution in healthcare but which in practice produced dangerously inaccurate results.
Amy Saharia, one of Holmes’ lawyers, tried to persuade Davila that the jury of eight men and four women had acted irrationally during their seven days of deliberations. The judge concluded that the jurors drew reasonable inferences from evidence presented at the trial, although he said he would still review some cases Saharia presented before making a final decision.
Thursday’s 90-minute hearing marked the first time Holmes has returned to the court since her Jan. 3 conviction. The verdict ended a nearly four-month trial that recounted Holmes’ remarkable rise from a Stanford University dropout in 2003 to a lionized entrepreneur once worth $4.5 billion before it all unraveled in 2015.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/09/01/judge-declines-overturn-elizabeth-holmes-guilty-verdict/ | 2022-09-01T22:43:56Z |
Sexual assault spike spurs military to focus on prevention
WASHINGTON (AP) — Alarmed by a dramatic increase in reported sexual assaults in the military, defense leaders said Thursday they want to beef up prevention, but they are struggling to find people to hire and are still developing programs they think can work, after nearly two decades of trying.
The idea of preventing a sexual assault before it happens isn’t new. The military services have been casting about for ways to do it for years and appear to have made little progress. But this year, officials said they are bolstered by an infusion of $479 million to hire as many as 2,400 personnel for a new “prevention workforce.”
The latest assault numbers show how much prevention programs haven’t worked. Overall, the number of reported sexual assaults involving members of the military jumped by 13% last year, driven by significant increases in the Army and the Navy.
At the same time, nearly 36,000 service members said in a confidential survey that they had experienced unwanted sexual contact — a dramatic increase over the roughly 20,000 who said that in a similar 2018 survey. The conclusion, said officials, is that more service members than at any time before are experiencing some type of unwanted sexual contact, and far fewer are reporting it.
“The decline in the reporting rate,” said Rep. Jackie Speier, D-Calif., “suggests trust and faith in the military is on the wrong trajectory.” Speier, who heads the House Armed Services Personnel Subcommittee, said she plans to hold a hearing in the coming weeks on the issue.
The survey found that military units that have poor command climates or have instances of gender discrimination or sexual harassment are more likely also to see more serious sexual assaults. So one prevention effort is focused on better assessing military commanders at all levels, and using command climate surveys to weed out poor leaders.
Army leaders — who saw an increase of nearly 26% in reported assaults last year — said they realized last summer that the numbers were trending badly. Sergeant Major of the Army Michael Grinston said the service had been spending most of its energy on responding to assaults, rather than how to prevent them.
As a result, the Army is improving how it does command climate surveys, including randomly selecting soldiers to provide feedback and using those surveys in determining promotions.
“I expect our leaders to maintain positive command climates where our soldiers feel safe and can thrive,” said Army Secretary Christine Wormuth, adding that the Army is committed to focusing more on prevention and reforming the systems.
Another program the Army started involves more immediate training for younger recruits as they move to their first duty posts.
Grinston said the new training, done in the first 72 hours of a soldier’s arrival, involves vignettes and role-playing to instruct troops on proper behavior and what to do if something bad starts to happen. He said that at Fort Leonard Wood in Missouri, where the program is in use, the number of sexual assault cases to date this fiscal year is about half of what it was last year.
Other bases, including Fort Hood in Texas, are doing similar training, teaching soldiers how to identify problems and react better and more quickly. Moving the training to earlier in a soldier’s first job puts greater emphasis on it and is designed to set the tone for behavior going forward.
Building a new prevention workforce, however, is only slowly getting off the ground. A key challenge is the tight labor market, said Beth Foster, executive director of the Pentagon’s office of force resiliency.
“That’s been a challenge for us,” said Foster. “It is difficult in the labor environment in this country right now to hire specialized personnel.”
She said the department is developing a recruitment plan and hopes to tap into colleges and universities and also seek professionals who are military spouses or veterans. She said it’s difficult to say how many — if any — people have actually been hired because the various military services are doing that themselves.
Once in place, the money and the hiring will “go a long way toward funding and sustaining change over time,” said Nate Galbreath, acting director of the Pentagon’s sexual assault prevention and response office.
More than half of those in the survey said they were not satisfied with the response of their chain of command or law enforcement to their particular incident, and 30% to 40% were unhappy with the assault response staff. Those totals, said department officials, showed a sharp, and unusual, decline in trust since 2018, when the survey was last conducted.
The distrust was far greater among women.
For example, just 39% of women said they trusted the military to treat them with dignity and respect, and 40% didn’t trust that the military would ensure their safety after the assault incident.
Ashlea Klahr, director of health and resilience research for the Pentagon, said some of the decline may reflect a broader distrust in the military and other government organizations that has deepened in recent years.
“We also see declining retention intentions, and declining confidence in potential recruits and in their influencers in terms of whether or not the military is doing a good job of addressing sexual assault,” she said.
In addition, assault prevention and response staff — including victims’ advocates, lawyers and response coordinators — reported a sharp spike in stress, job burnout and fatigue. They complained about the impact of the pandemic on their ability to treat people and do their jobs.
Unwanted sexual conduct — which includes everything from rape to touching — increased across the board last year in the military. In addition to the Army’s nearly 26% jump, the increase in Navy reports was about 9%, the Air Force was a bit more than 2% and the Marine Corps was less than 2%.
The big increases come as all the services — particularly the Army —- are struggling to meet recruiting goals this year. Officials agree that increased sexual assaults can hurt recruiting, as parents and other influencers become more wary of allowing young people to serve.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/09/01/sexual-assault-spike-spurs-military-focus-prevention/ | 2022-09-01T22:44:08Z |
KATY, Texas, Sept. 1, 2022 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq: ASO) announced today that its Board of Directors declared a cash dividend with respect to the fiscal quarter ended July 30, 2022 of $0.075 per share of the Company's common stock. The dividend is payable on October 13, 2022, to stockholders of record as of the close of business on September 15, 2022.
About Academy Sports + Outdoors
Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to 263 stores across 17 states. Academy's mission is to provide "Fun for All" and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy's product assortment focuses on key categories of outdoor, apparel, sports & recreation and footwear through both leading national brands and a portfolio of private label brands. For more information, visit www.academy.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Academy's current expectations and are not guarantees of future performance. You can identify these forward-looking statements by the use of words such as "outlook," "guidance," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. The forward-looking statements include, among other things, statements regarding the payment of the dividend, including the timing and amount thereof, share repurchases, the Company's expectations regarding its future performance, and the Company's future financial condition to support future dividend growth and are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory and other factors, including ongoing inflation and continued increases in interest rates, many of which are beyond Academy's control. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Academy's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 10-K, under the caption "Risk Factors," as may be updated from time to time in our periodic filings with the SEC. Any forward-looking statement in this press release speaks only as of the date of this release. Academy undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
Media inquiries:
Elise Hasbrook, Vice President Communications
281.253.8200
elise.hasbrook@academy.com
Investor inquiries:
Matt Hodges, Vice President Investor Relations
281.646.5362
matt.hodges@academy.com
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SOURCE Academy Sports + Outdoors | https://www.whsv.com/prnewswire/2022/09/01/academy-sports-outdoors-announces-quarterly-cash-dividend/ | 2022-09-01T22:44:14Z |
HOUSTON, Sept. 1, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announces that its subsidiary, Service Transport Company ("Service Transport"), has opened its 20th terminal which is located in the Pittsburgh, PA area. This new facility will offer Service Transport's clients additional resources in the Northeast area of the U.S., providing additional opportunities for revenue and profitability growth, while serving as a base of operations for recruiting in the immediate area. Over the last four years, Service Transport has grown from six terminals in three states along the Gulf Coast to twenty facilities in eleven states on the eastern half of the U.S. This new facility will be located at the Express Container Services facility at 3505 Grand Ave, Pittsburgh, PA 15225.
Wade Harrison, President of Service Transport, commented, "We are very excited about the opportunities that this market presents for our driver force and our company."
"I am pleased to see the Service Transport team continue to execute on the strategic plans surrounding our transportation business," said Kevin Roycraft, Adams' Chief Executive Officer and President.
About Adams Resources & Energy, Inc.
Adams Resources & Energy, Inc. is engaged in crude oil marketing, transportation, terminalling and storage, tank truck transportation of liquid chemicals and dry bulk and recycling and repurposing of off-spec fuels, lubricants, crude oil and other chemicals through its subsidiaries, GulfMark Energy, Inc., Service Transport Company, Victoria Express Pipeline, L.L.C., GulfMark Terminals, LLC, Phoenix Oil, Inc., and Firebird Bulk Carriers, Inc. For more information, visit www.adamsresources.com.
Cautionary Statement Regarding Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements relate to future events and anticipated results of operations, business strategies, and other aspects of our operations or operating results. In many cases you can identify forward-looking statements by terminology such as "anticipate," "intend," "plan," "project," "estimate," "continue," "potential," "should," "could," "may," "will," "objective," "guidance," "outlook," "effort," "expect," "believe," "predict," "budget," "projection," "goal," "forecast," "target" or similar words. Statements may be forward looking even in the absence of these particular words. Where, in any forward-looking statement, the Company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, and any other risk factors included in Adams' reports filed with the Securities and Exchange Commission. However, there can be no assurance that such expectation or belief will result or be achieved. Unless legally required, Adams undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Company Contact
Tracy E. Ohmart
EVP, Chief Financial Officer
(713) 881-3609
Investor Relations Contact
Gary Guyton or Steven Hooser
Three Part Advisors
(214) 442-0016
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SOURCE Adams Resources & Energy, Inc. | https://www.whsv.com/prnewswire/2022/09/01/adams-resources-amp-energy-inc-announces-opening-new-service-transport-terminal-location/ | 2022-09-01T22:44:21Z |
PINEY FLATS, Tenn., Sept. 1, 2022 /PRNewswire/ -- ADPma announced today that Jeff Sabo has been appointed as Vice President of Business Development.
ADPma is experiencing continued global business momentum for its precision propriety aircraft parts. "I am excited to have an aviation aftermarket industry executive like Jeff joining our leadership team as VP of Business Development. Especially this year while recovery maintains an upward trajectory and with ADPma's continued release of new solutions and services, timing couldn't be better for us to add another leader to the team to support our global growth and community objectives," said President of ADPma Yusuf Muhammad.
ADPma is a leading OEM and FAA-PMA aftermarket supplier of precision proprietary aircraft parts to the global commercial aviation and defense sectors, and Jeff will utilize his background as a leading aviation executive to develop new products and redefine the aftermarket experience for airlines and MROs around the world. Jeff joins ADPma from ITS where he served as VP of Supply Chain with a focus on analytics. Prior to ITS, Jeff was Senior Vice President of Technical Solutions at UAM. "I am honored to join ADPma and excited to build on the company's solid roster of existing customers," said Sabo. "I also look forward to collaborating with the company's talented team to unlock strategic partnerships aimed at solving for customers' ever-evolving needs, while also driving business performance for ADPma."
"Jeff shares our values and focus on innovation, and his A&P certification and technical background offers a valuable perspective in driving business strategy. He has shown himself to be a world-class leader in his previous roles with un-paralleled attention to deadline performance and exacting standards." Muhammad continued. "I'm excited to have him join the team, and I'm looking forward to the growth and drive he brings to ADPma."
ADPma is a leading aerospace engineering company specializing in the design, qualification, certification, manufacturing, and sale of proprietary aircraft parts to the global commercial aviation and defense sectors of the industry as an OEM and aftermarket supplier. We have a well-established and hard-earned reputation for engineering excellence, manufacturing expertise and outstanding customer support. We focus on solving customers' unique and challenging pain-points to enable safe, reliable, sustainable, and cost-effective flight worldwide. Now with the support of new ownership, we are driving unprecedented levels of value for our customers throughout the aviation industry. Learn more at www.adpma.com.
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SOURCE ADPma | https://www.whsv.com/prnewswire/2022/09/01/adpma-expands-management-team-with-new-vp-business-development/ | 2022-09-01T22:44:28Z |
VANCOUVER, BC, Sept. 1, 2022 /PRNewswire/ - Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) ("Alexco" or the "Company") announced today that the Company has obtained a final order from the Supreme Court of British Columbia approving the previously announced acquisition of Alexco by 1080980 B.C. Ltd. ("108"), a subsidiary of Hecla Mining Company (NYSE: HL) ("Hecla") by way of a plan of arrangement (the "Arrangement"). Under the terms of the Arrangement, Alexco's shareholders (the "Shareholders") will receive 0.116 common shares in the capital of Hecla for each Alexco share held (the "Consideration").
The Arrangement remains subject to the satisfaction or waiver of customary closing conditions and is expected to close on September 7, 2022. Following completion of the Arrangement, the common shares of Alexco are expected to be delisted from the Toronto Stock Exchange and the NYSE American. An application is also expected to be made for the Company to cease to be a reporting issuer in the applicable jurisdictions upon closing of the Arrangement.
Information regarding the procedure for exchange of shares for Consideration is provided in the Company's management information circular dated July 28, 2022 (the "Circular"). The Circular is available on SEDAR under the Company's profile at www.sedar.com and on the Company's website at https://alexcoresource.com/investors/special-meeting-of-shareholders/.
Alexco is a Canadian primary silver company that owns and operates the majority of the historic Keno Hill Silver District in Canada's Yukon Territory, one of the highest-grade silver mines in the world.
This news release contains forward-looking statements, which relate to future events or future performance. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements herein include, without limitation, statements with respect to the consummation and timing of the Arrangement; the satisfaction or waiver of the conditions precedent to the transaction; the Consideration to be received by Shareholders; the expected benefits of the Arrangement; the timing and receipt of any other regulatory consents and approvals; the delisting of the Alexco shares; and the intention that Alexco will cease to be a reporting issuer. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company, including assumptions as to the ability of Alexco and Hecla to receive, in a timely manner and on satisfactory terms, the necessary regulatory and other third party approvals; the satisfaction or waiver of the conditions to closing of the Arrangement in a timely manner and completion of the Arrangement on the expected terms; the expected adherence to the terms of the arrangement agreement, as assigned and amended (the "Arrangement Agreement") and agreements related thereto; the adequacy of our and Hecla's financial resources; favourable equity and debt capital markets; and stability in financial capital markets. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include, among others: the risk that the Arrangement may not close when planned or at all or on the terms and conditions set forth in the Arrangement Agreement; the failure of the Company and Hecla to obtain the necessary regulatory and other third-party approvals, or to otherwise satisfy the conditions to the completion of the Arrangement, in a timely manner, or at all, may result in the Arrangement not being completed on the proposed terms, or at all; changes in laws, regulations and government practices; if a third party makes a Superior Proposal (as defined in the Arrangement Agreement), the Arrangement may not be completed and the Company may be required to pay the Termination Fee (as defined in the Arrangement Agreement); if the Arrangement is not completed, and the Company continues as an independent entity, there are risks that the announcement of the Arrangement and the dedication of substantial resources of the Company to the completion of the Arrangement could have an impact on the Company's current business relationships and could have a material adverse effect on the current and future operations, financial condition and prospects of the Company; future prices of silver, gold, lead, zinc and other commodities; market competition; and the geopolitical, economic, permitting legal climate that Alexco and Hecla operate in; and the additional risks and uncertainties identified in Alexco's filings with Canadian securities regulators on SEDAR in Canada (available at www.sedar.com) and with the SEC on EDGAR (available at www.sec.gov/edgar.shtml). These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.
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SOURCE Alexco Resource Corp. | https://www.whsv.com/prnewswire/2022/09/01/alexco-obtains-final-order-plan-arrangement-supreme-court-british-columbia-provides-transaction-update/ | 2022-09-01T22:44:34Z |
MCLEAN, Va., Sept. 1, 2022 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AAIC) (the "Company") today announced that its Board of Directors authorized a quarterly dividend of $0.4375 per share of its 7.00% Series B Cumulative Perpetual Redeemable Preferred Stock (NYSE: AAIC PrB) (the "Series B Preferred Stock") and a quarterly dividend of $0.515625 per share of its 8.250% Series C Fixed-to-Floating Cumulative Redeemable Preferred Stock (NYSE: AAIC PrC) (the "Series C Preferred Stock") for the third quarter of 2022. Dividends for the Series B Preferred Stock and Series C Preferred Stock will both be payable on September 30, 2022 to shareholders of record on September 16, 2022. The tax characterization to shareholders of the distribution will be determined after the end of the calendar year and will be reported to shareholders on Form 1099-DIV.
The Company currently invests primarily in mortgage-related and other residential real estate and has elected to be taxed as a REIT. The Company is headquartered in the Washington, D.C. metropolitan area. For more information, please visit www.arlingtonasset.com.
Certain statements in this press release are forward-looking as defined by the Private Securities Litigation Reform Act of 1995. These include statements regarding dividend payments. Forward-looking statements can be identified by forward-looking language, including words such as "believes," "expects," "anticipates," "estimates," "plans," "continues," "intends," "should", "may," and similar expressions. Due to known and unknown risks, including the risk that the assumptions on which the forward-looking statements are based prove to be inaccurate, actual results may differ materially from expectations or projections. These risks also include those described in the Company's most recent Annual Report on Form 10-K and any other documents filed by the Company with the Securities and Exchange Commission (the "SEC") from time to time, which are available from the Company and from the SEC, and you should read and understand these risks when evaluating any forward-looking statement. Readers of this press release are cautioned to consider these risks and uncertainties and not to place undue reliance on any forward-looking statements. The Company does not undertake any obligation to update any forward-looking statement, whether written or oral, relating to matters discussed in this press release, except as may be required by applicable securities laws.
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SOURCE Arlington Asset Investment Corp. | https://www.whsv.com/prnewswire/2022/09/01/arlington-asset-investment-corp-declares-third-quarter-2022-dividends-preferred-stock/ | 2022-09-01T22:44:40Z |
DALLAS, Sept. 1, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2022.
Ashford plans to issue its earnings release for the third quarter after the market closes on Wednesday, November 2, 2022, and will host a conference call on Thursday, November 3, 2022, at 1:00 p.m. ET. The number to call for this interactive teleconference is (201) 689-8263. A replay of the conference call will be available through Thursday, November 10, 2022, by dialing (412) 317-6671 and entering the confirmation number, 13732688.
The live broadcast of Ashford's quarterly conference call will be available online at the Company's website, www.ashfordinc.com, on Thursday, November 3, 2022, beginning at 1:00 p.m. ET. The online replay will follow shortly after the call and continue for approximately one year.
Ashford is an alternative asset management company with a portfolio of strategic operating businesses that provides global asset management, investment management and related services to the real estate and hospitality sectors.
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SOURCE Ashford Inc. | https://www.whsv.com/prnewswire/2022/09/01/ashford-sets-third-quarter-earnings-release-conference-call-dates/ | 2022-09-01T22:44:47Z |
DALLAS, Sept. 1, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2022.
Ashford Trust plans to issue its earnings release for the third quarter after the market closes on Tuesday, November 1, 2022, and will host a conference call on Wednesday, November 2, 2022, at 11:00 a.m. ET. The number to call for this interactive teleconference is (201) 389-0920. A replay of the conference call will be available through Wednesday, November 9, 2022, by dialing (412) 317-6671 and entering the confirmation number, 13732686.
The live broadcast of Ashford Trust's quarterly conference call will be available online at the Company's website, www.ahtreit.com, on Wednesday, November 2, 2022, beginning at 11:00 a.m. ET. The online replay will follow shortly after the call and continue for approximately one year.
Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.
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SOURCE Ashford Hospitality Trust, Inc. | https://www.whsv.com/prnewswire/2022/09/01/ashford-trust-sets-third-quarter-earnings-release-conference-call-dates/ | 2022-09-01T22:44:54Z |
Culinary Educator Taps Veteran Global Financial Leader to Support and Drive Strategic Initiatives
CHICAGO, Sept. 1, 2022 /PRNewswire/ -- Auguste Escoffier School of Culinary Arts, the largest accredited provider of online and campus-based culinary training and education in the U.S., announces the appointment of Charles "Chuck" Christopherson as chief financial officer.
As CFO, Christopherson will lead Escoffier's greater finance strategy and manage financial, investment, banking, acquisitions, and real estate initiatives for the institution. Christopherson, who is a certified public accountant, is a direct report to the CEO, Tracy Lorenz.
"Chuck is an accomplished global financial expert, respected critical thinker, and a strong addition to our leadership team," said Lorenz. "This CFO appointment represents an important step as an organization and leader in the culinary and hospitality industries."
Christopherson has more than 25 years of experience in CFO, CIO and CAO roles in both private and public companies, specializing in high growth operations across multiple industries, including software, Software-as-a-Service (SaaS), IT, communications, fintech, engineering and construction, consulting, logistics, and government. In these roles, he has led finance, operations, and technology operations in 170 countries supporting the largest global CPG and food enterprise companies and chaired board committees for an accredited higher educational institution. Most recently, Christopherson was CFO of IntelliCentrics Global Holdings. Previously, he served as CEO for CB Solutions, LLC, a Dallas/Ft. Worth-based operations and financial consulting firm. Additional experience includes executive leadership positions in BT Group; SAP; The United States Government serving in the George W. Bush Administration; and Encompass Services.
Christopherson received his Bachelor's in Accounting with a Minor in Computer Science from Brigham Young University, an Executive Master's in Business Administration from the University of Oregon and continuing education certification at the University of Massachusetts Institute of Technology's Executive and CFO Education Program. He is a licensed Certified Public Accountant.
More about Escoffier
Auguste Escoffier School of Culinary Arts is the largest accredited provider of online and campus-based culinary training and education in the U.S. (based on comparable student data currently reported in IPEDS). With ground campuses in Boulder, Co. and Austin, TX, it is the only U.S. accredited institution, available through its Boulder campus, to offer 100% online culinary degrees which include culinary classes and hands-on industry externships. Ranked in the top 10 culinary schools in the United States by USA Today and number one in the world by Chef's Pencil, the school's professional programs offer the proven combination of a classic and contemporary approach to modern industry skills training as well as sustainability-centered and business-focused curriculum. Escoffier offers professional programs in Culinary Arts, Pastry Arts, Plant-based Culinary Arts, Holistic Nutrition and Wellness, and Hospitality and Restaurant Operations Management. For details on programs offered online and on-campus, visit Escoffier.edu. Auguste Escoffier School of Culinary Arts in Boulder, Colorado is nationally accredited by the Accrediting Council for Continuing Education and Training (ACCET). Auguste Escoffier School of Culinary Arts in Austin, Texas is nationally accredited by the Council on Occupational Education (COE). Auguste Escoffier School of Culinary Arts is a Great Place to Work-Certified™ institution, a Newsweek Top Online Learning School and its Boulder campus is designated as a Military Friendly® School.
Media contact:
Patti Thomas
(312) 919-0898
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SOURCE Auguste Escoffier School of Culinary Arts | https://www.whsv.com/prnewswire/2022/09/01/auguste-escoffier-school-culinary-arts-appoints-charles-christopherson-chief-financial-officer/ | 2022-09-01T22:45:00Z |
App is now live as a free-to-play experience nationwide and will be available for real money in select states over the coming months
Digital assets can be found here
MIAMI, Sept. 1, 2022 /PRNewswire/ -- Betr, the first direct-to-consumer micro-betting focused sports betting and media company, announced today the launch of the Betr app. The app is available nationwide and can be found on both the Apple and Google Play stores.
Betr is the world's first micro-betting focused app, featuring a user experience exclusively focused on enabling users to predict the outcomes of every moment of every sporting event. This includes but is not limited to every pitch and at-bat of all MLB games, and every play and drive of all NFL and College Football games. The app also features a reimagined user interface layer, depicting the betting markets as more intuitive multiple-choice questions, while odds are displayed in easy to understand payout multiples to simplify the sports user betting experience.
The app is initially available nationwide as a free-to-play experience and will be available in select states for real money betting over the coming months as Betr obtains licenses and regulatory approval throughout the U.S. In the free-to-play experience, users can wager coins which can be redeemed for real prizes.
"We are thrilled to announce the launch of the Betr app today," said Joey Levy, Founder & CEO of Betr. "We view this free-to-play experience as a registration and onboarding platform to begin acquiring users mixed with an interactive tutorial for the future of sports betting. While this is very much an initial version that will get considerably betr over time, we believe the experience released today provides a glimpse into the future of sports betting in the U.S. – an instant gratification focus to betting delivered in a simple, intuitive user experience that anyone can enjoy, even if they have not bet on sports before."
"The future of the sports betting industry is finally here," said Alex Ursa, Head of Product at Betr. "What we launched today is not a sportsbook – this is something new, different, and interesting – which is what this industry needs, given every other operator in the space is essentially offering the same commoditized legacy sportsbook product. Betr is also the first betting app where someone who has never bet on sports before can dive right in and enjoy the experience with no learning curve and we are excited to finally be able to share it with the world."
Betr also announced that one user who downloads the app and correctly predicts the first play of the NFL season - Run or Pass - will win a free Betr branded Jeep Wrangler.
Betr recently announced a partnership with the Hall of Fame Resort & Entertainment Company which allows them to initially rollout the real money version of the app in Ohio. The company will soon be announcing additional market access partnerships covering its real money betting launches in other states. For the latest information on Betr, follow @betr on TikTok, YouTube, Instagram, Twitter, LinkedIn and at betr.app.
Founded in 2022 by Joey Levy and Jake Paul, Betr is the first direct-to-consumer micro-betting focused sports betting company. Betr has also launched a new media venture for the next generation of sports fans. Betr is setting out to disrupt legacy gambling and legacy media, with a mission of making sports and betting betr. You can find Betr on @betr on TikTok, YouTube, Instagram, and Twitter, and on LinkedIn and at betr.app.
CONTACT:
Betr: betr@hstrategies.com
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SOURCE betr | https://www.whsv.com/prnewswire/2022/09/01/betr-launches-worlds-first-micro-betting-app/ | 2022-09-01T22:45:07Z |
DALLAS, Sept. 1, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2022.
Braemar plans to issue its earnings release for the third quarter after the market closes on Wednesday, November 2, 2022, and will host a conference call on Thursday, November 3, 2022, at 12:00 p.m. ET. The number to call for this interactive teleconference is (201) 389-0920. A replay of the conference call will be available through Thursday, November 10, 2022, by dialing (412) 317-6671 and entering the confirmation number, 13732690.
The live broadcast of Braemar's quarterly conference call will be available online at the Company's website, www.bhrreit.com, on Thursday, November 3, 2022, beginning at 12:00 p.m. ET. The online replay will follow shortly after the call and continue for approximately one year.
Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.
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SOURCE Braemar Hotels & Resorts Inc. | https://www.whsv.com/prnewswire/2022/09/01/braemar-hotels-amp-resorts-sets-third-quarter-earnings-release-conference-call-dates/ | 2022-09-01T22:45:14Z |
- Cash from operations of $4,424 million for the third quarter, less capital expenditures of $116 million resulted in $4,308 million of free cash flow, or 51 percent of revenue
- Quarterly common stock dividend of $4.10 per share, FY22 annual common stock dividend of $16.40 per share
- Revenue of $8,464 million for the third quarter, up 25 percent from the prior year period
- GAAP net income of $3,074 million for the third quarter; Adjusted EBITDA of $5,378 million for the third quarter
- GAAP diluted EPS of $7.15 for the third quarter; Non-GAAP diluted EPS of $9.73 for the third quarter
- Repurchased and eliminated 3.2 million shares for $1,792 million
- Fourth quarter revenue guidance of approximately $8.9 billion, an increase of 20 percent from the prior year period
- Fourth quarter Adjusted EBITDA guidance of approximately 63 percent of projected revenue (1)
SAN JOSE, Calif., Sept. 1, 2022 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its third quarter of fiscal year 2022, ended July 31, 2022, provided guidance for the fourth quarter of its fiscal year 2022 and announced its quarterly dividends.
"Broadcom's record third quarter results were driven by robust demand across cloud, service providers, and enterprise," said Hock Tan, President and CEO of Broadcom Inc. "We expect solid demand across our end markets to continue in the fourth quarter, reflecting continued investment by our customers of next generation technologies in data centers, broadband, and wireless."
"Consolidated revenue grew 25% year-over-year to $8.5 billion and operating profit increased 32%," said Kirsten Spears, CFO of Broadcom Inc. "We generated $4.3 billion in free cash flow and are expecting free cash flow to be strong in the fourth quarter. We remain committed to return excess cash to shareholders and in the third quarter, we returned $3.2 billion to shareholders including $1.7 billion of cash dividends and $1.5 billion of share repurchases."
Third Quarter Fiscal Year 2022 Financial Highlights
The Company's cash and cash equivalents at the end of the fiscal quarter were $9,977 million, compared to $9,005 million at the end of the prior quarter.
During the third fiscal quarter, the Company generated $4,424 million in cash from operations and spent $116 million on capital expenditures. The Company spent $1,792 million on share repurchases and eliminations, consisting of $1,500 million in repurchases of 2.6 million shares and $292 million of withholding tax payments related to net settled equity awards that vested in the quarter (representing approximately 0.6 million shares withheld).
On June 30, 2022, the Company paid a cash dividend of $4.10 per share of common stock, totaling $1,661 million and a cash dividend of $20.00 per share of mandatory convertible preferred stock, totaling $75 million.
The differences between the Company's GAAP and non-GAAP results are described generally under "Non-GAAP Financial Measures" below, and presented in detail in the financial reconciliation tables attached to this release.
Fourth Quarter Fiscal Year 2022 Business Outlook
Based on current business trends and conditions, the outlook for the fourth quarter of fiscal year 2022, ending October 30, 2022, is expected to be as follows:
- Fourth quarter revenue guidance of approximately $8.9 billion; and
- Fourth quarter Adjusted EBITDA guidance of approximately 63 percent of projected revenue.
The guidance provided above is only an estimate of what the Company believes is realizable as of the date of this release. The Company is not readily able to provide a reconciliation of projected Adjusted EBITDA to projected net income without unreasonable effort. Actual results will vary from the guidance and the variations may be material. The Company undertakes no intent or obligation to publicly update or revise any of these projections, whether as a result of new information, future events or otherwise, except as required by law.
Quarterly Dividends
The Company's Board of Directors has approved a quarterly cash dividend on its common stock of $4.10 per share. The common stock dividend is payable on September 30, 2022 to common stockholders of record at the close of business (5:00 p.m. Eastern Time) on September 22, 2022.
The Company's Board of Directors has also approved a quarterly cash dividend on its 8.00% Mandatory Convertible Preferred Stock, Series A, of $20.00 per share. This dividend is payable on September 30, 2022 to preferred stockholders of record at the close of business (5:00 p.m. Eastern Time) on September 15, 2022.
Financial Results Conference Call
Broadcom Inc. will host a conference call to review its financial results for the third quarter fiscal year 2022 and to discuss the business outlook, today at 2:00 p.m. Pacific Time.
To Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https://investors.broadcom.com/.
To Listen via Telephone: Preregistration is required by the conference call operator. Please preregister at https://register.vevent.com/register/BI4b942b6b1ed0474fab3f1f6f2d0f2b98. Upon registering, you will be emailed a link to the dial-in number and unique PIN.
Replay: An audio replay of the conference call can be accessed for one year through the Investors section of Broadcom's website at https://investors.broadcom.com/.
Non-GAAP Financial Measures
The non-GAAP measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP financial data is included in the supplemental financial data attached to this press release. Broadcom believes non-GAAP financial information provides additional insight into the Company's on-going performance. Therefore, Broadcom provides this information to investors for a more consistent basis of comparison and to help them evaluate the results of the Company's on-going operations and enable more meaningful period to period comparisons.
In addition to GAAP reporting, Broadcom provides investors with net income, operating income, gross margin, operating expenses, cash flow and other data on a non-GAAP basis. This non-GAAP information excludes amortization of acquisition-related intangible assets, stock-based compensation expense, restructuring, impairment and disposal charges, acquisition-related costs, including integration costs, purchase accounting effect on inventory, litigation settlements, loss on debt extinguishment, gains (losses) on investments, income (loss) from discontinued operations, non-GAAP tax reconciling adjustments, and other adjustments. Management does not believe that these items are reflective of the Company's underlying performance. Internally, these non-GAAP measures are significant measures used by management for purposes of evaluating the core operating performance of the Company, establishing internal budgets, calculating return on investment for development programs and growth initiatives, comparing performance with internal forecasts and targeted business models, strategic planning, evaluating and valuing potential acquisition candidates and how their operations compare to the Company's operations, and benchmarking performance externally against the Company's competitors. The exclusion of these and other similar items from Broadcom's non-GAAP financial results should not be interpreted as implying that these items are non-recurring, infrequent or unusual.
Free cash flow measures have limitations as they omit certain components of the overall cash flow statement and do not represent the residual cash flow available for discretionary expenditures. Investors should not consider presentation of free cash flow measures as implying that stockholders have any right to such cash. Broadcom's free cash flow may not be calculated in a manner comparable to similarly named measures used by other companies.
About Broadcom Inc.
Broadcom Inc. (NASDAQ: AVGO), a Delaware corporation headquartered in San Jose, CA, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. For more information, go to https://www.broadcom.com.
Cautionary Note Regarding Forward-Looking Statements
This announcement contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended) concerning Broadcom. These statements include, but are not limited to, statements that address our expected future business and financial performance, our plans and expectations with regard to our share repurchases, and other statements identified by words such as "will," "expect," "believe," "anticipate," "estimate," "should," "intend," "plan," "potential," "predict," "project," "aim," and similar words, phrases or expressions. These forward-looking statements are based on current expectations and beliefs of the management of Broadcom, as well as assumptions made by, and information currently available to, such management, current market trends and market conditions and involve risks and uncertainties, many of which are outside the Company's and management's control, and which may cause actual results to differ materially from those contained in forward-looking statements. Accordingly, you should not place undue reliance on such statements.
Particular uncertainties that could materially affect future results include risks associated with: global economic conditions and concerns; cyclicality in the semiconductor industry or in our target markets; any loss of our significant customers and fluctuations in the timing and volume of significant customer demand; our dependence on contract manufacturing and outsourced supply chain; our dependency on a limited number of suppliers; government regulations and administrative proceedings, trade restrictions and trade tensions; global political and economic conditions; our significant indebtedness and the need to generate sufficient cash flows to service and repay such debt; the amount and frequency of our share repurchase programs; the COVID-19 pandemic continues to disrupt, normal business activity; dependence on and risks associated with distributors and resellers of our products; dependence on senior management and our ability to attract and retain qualified personnel; failing to complete or realize the expected benefits of our acquisition of VMware, Inc.; any acquisitions we may make, including our acquisition of VMware, such as delays, challenges and expenses associated with receiving governmental and regulatory approvals and satisfying other closing conditions, and with integrating acquired businesses with our existing businesses and our ability to achieve the benefits, growth prospects and synergies expected by such acquisitions; involvement in legal proceedings; quarterly and annual fluctuations in operating results; our ability to accurately estimate customers' demand and adjust our manufacturing and supply chain accordingly; our competitive performance and ability to continue achieving design wins with our customers, as well as the timing of any design wins; prolonged disruptions of our or our contract manufacturers' manufacturing facilities, warehouses or other significant operations; our ability to improve our manufacturing efficiency and quality; our dependence on outsourced service providers for certain key business services and their ability to execute to our requirements; our ability to protect against cyber security threats and a breach of security systems; our ability to maintain or improve gross margin; our ability to protect our intellectual property and the unpredictability of any associated litigation expenses; compatibility of our software products with operating environments, platforms or third-party products; our ability to enter into satisfactory software license agreements; availability of third party software used in our products; use of open source code sources in our products; any expenses or reputational damage associated with resolving customer product warranty and indemnification claims; market acceptance of the end products into which our products are designed; our ability to sell to new types of customers and to keep pace with technological advances; our compliance with privacy and data security laws; fluctuations in foreign exchange rates; our provision for income taxes and overall cash tax costs, legislation that may impact our overall cash tax costs and our ability to maintain tax concessions in certain jurisdictions; and other events and trends on a national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature. Many of the foregoing risks and uncertainties are, and will be, exacerbated by the COVID-19 pandemic and any worsening of the global business and economic environment as a result.
Our filings with the SEC, which you may obtain for free at the SEC's website at http://www.sec.gov, discuss some of the important risk factors that may affect our business, results of operations and financial condition. Actual results may vary from the estimates provided. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law.
Contact:
Ji Yoo
Broadcom Inc.
Investor Relations
408-433-8000
investor.relations@broadcom.com
(AVGO-Q)
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SOURCE Broadcom Inc. | https://www.whsv.com/prnewswire/2022/09/01/broadcom-inc-announces-third-quarter-fiscal-year-2022-financial-results-quarterly-dividends/ | 2022-09-01T22:45:20Z |
METRO CHICAGO, Ill., Sept. 1, 2022 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in September 2022 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
The following table provides estimates of Calamos Global Total Return Fund's and Calamos Global Dynamic Income Fund's distribution sources, reflecting YTD cumulative experience. The Funds attribute these estimates equally to each regular distribution throughout the year.
Regarding Calamos' remaining five closed-end funds, which operate under a managed distribution policy: The information below is required by an exemptive order granted to the Funds by the US Securities and Exchange Commission and includes the information sent to shareholders regarding the sources of the Funds' distributions.
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Funds estimate the following percentages, of their respective total distribution amount per common share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal YTD cumulative distribution amount per common share for the Funds. The following table provides estimates of each Fund's distribution sources, reflecting YTD cumulative experience. The Funds attribute these estimates equally to each regular distribution throughout the year.
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's plan.
If the Fund(s) estimate(s) that it has distributed more than its income and capital gains, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The amounts and sources of distributions reported in this 19(a) notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099 DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Return figures provided below are based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results.
Monthly distributions offer shareholders the opportunity to accumulate more shares in a fund via the automatic dividend reinvestment plan. For example, if a fund's shares are trading at a premium, distributions will be automatically reinvested through the plan at NAV or 95% of the market price, whichever is greater; if shares are trading at a discount, distributions will be reinvested at the market price through an open market purchase program. Thus, the plan offers current shareholders an efficient method of accumulating additional shares with a potential for cost savings. Please see the dividend reinvestment plan for more information.
Important Notes about Performance and Risk
Past performance is no guarantee of future results. As with other investments, market price will fluctuate with the market and upon sale, your shares may have a market price that is above or below net asset value and may be worth more or less than your original investment. Returns at NAV reflect the deduction of the Fund's management fee, debt leverage costs and other expenses. You can purchase or sell common shares daily. Like any other stock, market price will fluctuate with the market. Upon sale, your shares may have a market price that is above or below net asset value and may be worth more or less than your original investment. Shares of closed-end funds frequently trade at a discount which is a market price that is below their net asset value.
About Calamos
Calamos Investments is a diversified global investment firm offering innovative investment strategies including alternatives, multi-asset, convertible, fixed income, equity, and sustainable equity, currently managing approximately $38.5 billion in assets under management. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, and UCITS funds. Clients include major corporations, pension funds, endowments, foundations, and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in New York, San Francisco, Milwaukee, Portland (Oregon), and the Miami area. For more information, please visit us on LinkedIn, on Twitter @Calamos or at www.calamos.com.
*Calamos Investments LLC, referred to herein as Calamos Investments®, is a financial services company offering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Investments LLP and Calamos Financial Services LLC.
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SOURCE Calamos Investments | https://www.whsv.com/prnewswire/2022/09/01/calamos-investments-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-ccd-cpz-announce-monthly-distributions-required-notifications-sources-distribution/ | 2022-09-01T22:45:27Z |
CAMBRIDGE, Mass., Sept. 1, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced that Chief Executive Officer Denis Sheahan, along with Chief Financial Officer Michael F. Carotenuto, will attend the Raymond James U.S. Bank Conference on September 7, 2022. The conference will be held in Chicago.
Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. Cambridge Trust Company is a 132-year-old Massachusetts chartered commercial bank with approximately $5.1 billion in assets at June 30, 2022, and a total of 19 Massachusetts and New Hampshire locations. Cambridge Trust Company is one of New England's leaders in private banking and wealth management with $4.0 billion in client assets under management and administration at June 30, 2022. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire.
CONTACT:
Cambridge Bancorp
Michael F. Carotenuto
Chief Financial Officer
617-520-5520
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SOURCE Cambridge Bancorp | https://www.whsv.com/prnewswire/2022/09/01/cambridge-bancorp-ceo-cfo-attend-raymond-james-us-bank-conference/ | 2022-09-01T22:45:34Z |
Robert Wood Johnson Foundation Donates $1 Million for Communications and Other Key Needs to Help End Outbreak
ATLANTA, Sept. 1, 2022 /PRNewswire/ -- The monkeypox outbreak is a global public health emergency, spreading to more than 51,000 people in nearly 100 countries. The United States has nearly 19,000 cases—more than any nation. To provide flexible support to help address on-the-ground needs as part of response efforts, the CDC Foundation today activated its Emergency Response Fund, which has played an essential role in helping bolster other responses, from Ebola to Zika to, most recently, COVID-19. The CDC Foundation today announced a catalytic donation of $1 million from the Robert Wood Johnson Foundation in support of this fund.
"CDC continues to aggressively respond to the current monkeypox outbreak by providing resources, education and outreach to the communities most affected," said CDC Director Rochelle P. Walensky, MD, MPH. "Our priority is to contain this outbreak through equitable interventions and culturally sensitive education materials. Activation of the CDC Foundation's emergency response fund will provide needed support as we continue to respond to the current monkeypox outbreak."
Monkeypox is a rare but serious disease typically beginning with flu-like illness and swelling of the lymph nodes, progressing to include rash on the face and body. It can be transmitted from skin-to-skin contact and coming into contact with objects and materials a person with monkeypox has used.
In this outbreak, monkeypox has spread mostly during intimate contact, including sex, hugging, kissing and the touching of fabrics. Most of those affected in the current outbreak are gay, bisexual or other men who have sex with men, however, anyone who has come in close, personal contact with someone who has monkeypox is at risk. Data show a growing disparity in vaccination rates among different racial and ethnic groups, creating an urgent need for enhanced communication efforts to reach those most at-risk with accurate and timely health information.
"We must take action now to stop this outbreak. There are many critical needs, including comprehensive health communication campaigns and education materials that can be used to raise awareness about key protective measures, particularly for use in those communities with the greatest risk and concentration of cases," said Judy Monroe, MD, president and CEO of the CDC Foundation. "Beyond communications, there is a need for community outreach activities, coordination of vaccination and testing at large events, and additional work with community health organizations and partners."
Funds raised by the CDC Foundation through its Emergency Response Fund will be used to meet fast-emerging needs identified by CDC and the nation's public health community in response to the threat posed by the monkeypox virus.
"Government support is essential in tackling health threats, such as monkeypox," said Monroe. "But we know philanthropic and private sector support is critical for use alongside government funding to address needs that arise in rapidly evolving situations where speed and flexibility are key to protecting people. It will take all of us working together to stop the outbreak. We are incredibly grateful to the Robert Wood Johnson Foundation for the first gift to our Emergency Response Fund. We hope this donation will encourage others to provide much needed support."
"An equitable approach to addressing the monkeypox threat is vital to containing and ultimately ending its spread," said Richard Besser, MD, president and CEO of the Robert Wood Johnson Foundation and former acting director of CDC. "Too often in America, historically marginalized communities are cut off from the care and treatment necessary to stay safe and healthy. The Robert Wood Johnson Foundation is pleased to support the reactivation of the CDC Foundation's Emergency Response Fund to continue the fight against monkeypox."
As the monkeypox case count grows in the United States and globally, those fighting monkeypox in local communities need help to stem the tide of new cases and reduce this dangerous threat. Support is invaluable to advance these important public health interventions. There are four crucial ways to help us fight this highly infectious disease:
- Make a donation that can be used flexibly to fund the provision of critical materials and amplify public health communications.
- Start a fundraiser to support CDC Foundation's emergency response to monkeypox. Learn how to start a fundraiser.
- Discuss giving opportunities or start a workplace campaign to support the emergency response by contacting Advancement at the CDC Foundation (email at advancement@cdcfoundation.org or 404.653.0790, toll-free at 888-886-4CDC).
- Share the CDC Foundation's social media messages to get the word out about how to stay safe and to support the response.
Contributions to the CDC Foundation's Emergency Response Fund are tax deductible to the extent permitted by law and can be made securely online or by mail. For additional donation options, please visit our Ways to Give page.
About the CDC Foundation
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- Generated $9.3 Million in Net Sales for Q4 of Fiscal 2022
- Delivered All-Time High for the Company of $43.1 Million in Net Sales for Fiscal 2022
- Experienced 173% Increase in Lab Grown Diamond Sales and 13% Increase in Moissanite Sales Versus Fiscal 2021
- Achieved 50% Increase in Lab Grown Diamond Sales Versus the Year-Ago Quarter
- Total Cash Remained Strong at $21.2 Million
- Produced Strong Gross Margin of 47% for Fiscal 2022
- Recorded $2.9 Million in Income from Operations for Fiscal 2022
- Delivered $2.4 Million in Net Income or $0.08 Earnings Per Diluted Share in Fiscal 2022
- Conference Call with Accompanying Slide Presentation Scheduled Today at 4:30 PM ET
RESEARCH TRIANGLE PARK, N.C., Sept. 1, 2022 /PRNewswire/ -- Charles & Colvard, Ltd. (Nasdaq: CTHR) (the "Company"), a globally recognized fine jewelry company specializing in lab grown gemstones, today announced financial results for the fourth quarter and full fiscal year ended June 30, 2022.
"I'm pleased to report that our record-breaking top line growth has continued for our full fiscal year, with $9.3 million in revenue representing the second highest comparable period in Company history and $43.1 million in revenue for fiscal 2022. This reflects the highest revenue for any twelve-month period ending June 30. Our investments continue in our people, our direct-to-consumer and brand awareness campaigns and our expanded fine jewelry selections; we believe these investments are bearing fruit, as evidenced by our fourth quarter results and full fiscal year growth in sales," said Don O'Connell, President and CEO of Charles & Colvard.
"Our direct-to-consumer revenue grew 24% over the prior fiscal year, boosting our Online Channels segment net sales 15% over fiscal 2021 and 61% over fiscal 2020, further demonstrating the opportunity that we believe this channel represents for the Company's continued growth. We have now delivered eight consecutive quarters of profitability. We have accumulated $21.2 million in total cash and amassed $33.5 million in premium inventory in support of all channels—all with zero debt. We believe this positions us well to become one of the leading fine jewelry destinations for all things Made, Not MinedTM," concluded Mr. O'Connell.
Recent Corporate Highlights
- Launched high carat conscious couture and pavé lab grown diamond collections;
- Expanded moissanite engagement and bridal assortments;
- Featured in The Bachelorette;
- Hosted multiple successful live streaming experiential events;
- Introduced moissaniteoutlet.com product assortment to Drop Ship Retail partners and on Amazon;
- Featured in Brides, MSN, RetailMeNot and JCK Magazine; and
- As of August 26th, 2022, 273,257 shares of the Company's common stock have been repurchased that are held in treasury stock for an aggregate purchase price of $356,120, at an average price per share of $1.30.
Financial Summary for Fourth Quarter Fiscal 2022
(Quarter Ended June 30, 2022 Compared to Quarter June 30, 2021)
- Net sales were $9.3 million for the quarter, a 4% decrease compared with $9.7 million in the year-ago quarter.
- In the Online Channels segment, which consists of e-commerce outlets including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail and other pure-play e-commerce outlets, net sales increased 3% year over year, to $5.7 million, representing 62% of total net sales for the quarter, compared to $5.6 million, or 57% of total net sales in the year-ago quarter.
- In the Traditional segment, which consists of wholesale and brick-and-mortar customers, net sales decreased 14% year over year, to $3.6 million, representing 38% of total net sales for the quarter, compared to $4.2 million, or 43% of total net sales, in the year-ago quarter.
- Finished jewelry net sales increased 9% to $6.1 million for the quarter, compared to $5.6 million in the year-ago quarter.
- Loose jewels net sales decreased 22% to $3.2 million for the quarter, compared to $4.1 million in the year-ago quarter.
- Cost of goods sold increased 3% to $5.5 million for the quarter, compared to $5.4 million in the year-ago quarter.
- Gross profit was $3.8 million for the quarter, compared to $4.4 million in the year ago quarter.
- Operating expenses increased 14% to $3.7 million for the quarter, compared to $3.3 million in the year-ago quarter.
- Net income was $41,000, or $0.00 earnings per diluted share for the quarter, compared to $8.4 million, or $0.27 per diluted share, in the year-ago quarter.
- Weighted average shares outstanding on a diluted basis were 31.2 million for the quarter, compared to 31.1 million in the year-ago quarter.
- During the fourth quarter of Fiscal 2021, the Company's PPP Loan in the amount of $965,000, including related accrued and unpaid interest of approximately $9,000, was forgiven the U.S. Small Business Administration, or the SBA. Approximately $974,000 was recognized and included in the gain on extinguishment of debt in the fiscal quarter ended June 30, 2021.
- As of June 30, 2021, the Company's management determined that certain deferred tax assets of approximately $6.4 million were realizable, and the Company reduced its valuation allowance accordingly, which resulted in an income tax benefit recognized during the fiscal quarter ended June 30, 2021, of approximately $6.3 million.
Financial Summary for Fiscal Year 2022
- Net sales increased 10% to $43.1 million for the fiscal year ended June 30, 2022, compared to $39.2 million in the year-ago period.
- Online Channels segment net sales increased 15% year over year to $26.8 million, representing 62% of total net sales, for the fiscal year ended June 30, 2022, compared to $23.2 million, or 59% of total net sales in the year-ago period.
- Traditional segment net sales increased 2% year over year to $16.3 million, representing 38% of total net sales, for the fiscal year ended June 30, 2022, compared to $16.0 million, or 41% of total net sales, in the year-ago period.
- Finished jewelry net sales increased 22% to $29.7 million for the fiscal year ended June 30, 2022, compared to $24.4 million in the year-ago period.
- Loose jewel net sales were $13.4 million for the fiscal year ended June 30, 2022, a decrease of 10%, compared to $14.8 million in the year-ago period.
- Cost of goods sold increased 10% to $22.8 million for the fiscal year ended June 30, 2022, compared to $20.8 million in the year-ago period.
- Gross profit was $20.2 million for the fiscal year ended June 30, 2022, compared to $18.4 million in the year ago period.
- Operating expenses increased 34% to $17.4 million for the fiscal year ended June 30, 2022, compared to $12.9 million in the year-ago period.
- Net income was $2.4 million, or $0.08 earnings per diluted share, for the fiscal year ended June 30, 2022, compared to $12.8 million, or $0.42 per diluted share, in the year-ago period.
- Weighted average shares outstanding on a diluted basis were 31.3 million for the fiscal year ended June 30, 2022, compared to 30.2 million in the year-ago period.
- As disclosed above, during the fourth quarter of Fiscal 2021, the Company's PPP Loan forgiveness was approved and processed by the SBA, which resulted in approximately $974,000 that was recognized and included in the gain on extinguishment of debt in the fiscal year ended June 30, 2021.
- In addition, as disclosed above, at June 30, 2021, the Company's management reduced its valuation allowance against certain deferred tax assets that resulted in an income tax benefit recognized during the fiscal year ended June 30, 2021, of approximately $6.3 million.
Financial Position
Cash, cash equivalents and restricted cash totaled $21.2 million as of June 30, 2022, representing a decrease of $268 thousand from $21.4 million as of June 30, 2021. Total inventory increased to $33.5 million as of June 30, 2022, compared to $29.2 million as of June 30, 2021. During the fiscal year ended June 30, 2022, our working capital decreased $1.0 million, or 4%, to $29.1 million from $30.1 million at June 30, 2021. The Company had no debt outstanding as of June 30, 2022 and June 30, 2021.
Investor Conference Call
Charles & Colvard will host an investor conference call and webcast presentation to discuss its financial results for the fourth quarter and fiscal year ended June 30, 2022 at 4:30 p.m. ET on Thursday, September 1, 2022. The investor conference call and accompanying presentation slides will be webcast live and can be accessed in the Investor Relations section of the Company's website at https://ir.charlesandcolvard.com/events.
To participate via telephone, callers should dial 844-875-6912 (U.S. toll-free) or 412-317-6708 (international) and ask to be connected to the "Charles & Colvard, Ltd. Conference Call" a few minutes before 4:30 p.m. ET on Thursday, September 1, 2022.
A replay of this conference call will be available until September 8, 2022 at 877-344-7529 (U.S. toll-free) or 412-317-0088 (international). The replay conference ID is 5034150. The call will also be available for replay in the Investor Relations section of the Company's website at https://ir.charlesandcolvard.com/events.
About Charles & Colvard, Ltd.
Charles & Colvard, Ltd. (Nasdaq: CTHR) believes fine jewelry can be accessible, beautiful and conscientious. Charles & Colvard is the original creator of lab grown moissanite, a rare gemstone formed from silicon carbide. The Company brings revolutionary gemstones and jewelry to market through its pinnacle Forever OneTM moissanite brand and its premium Caydia® lab grown diamond brand. Consumers seek Charles & Colvard fashion, bridal and fine jewelry because of its exceptional quality, incredible value and shared beliefs in environmental and social responsibility. Charles & Colvard was founded in 1995 and is based in North Carolina's Research Triangle Park. For more information, please visit www.charlesandcolvard.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements expressing expectations regarding our future and projections relating to our products, sales, revenues, and earnings are typical of such statements and are made under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations, and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "continue," and similar words, although some forward-looking statements are expressed differently.
All forward-looking statements are subject to the risks and uncertainties inherent in predicting the future. You should be aware that although the forward-looking statements included herein represent management's current judgment and expectations, our actual results may differ materially from those projected, stated, or implied in these forward-looking statements as a result of many factors including, but not limited to, (1) our business and our results of operations could be materially adversely affected as a result of general economic and market conditions; (2) our future financial performance depends upon increased consumer acceptance, growth of sales of our products, and operational execution of our strategic initiatives; (3) the effects of COVID-19 and other potential future public health crises, epidemics, pandemics or similar events on our business, operating results, and cash flows are uncertain; (4) we face intense competition in the worldwide gemstone and jewelry industry; (5) our information technology infrastructure, and our network may be impacted by a cyber-attack or other security incident as a result of the rise of cybersecurity events; (6) constantly evolving privacy regulatory regimes are creating new legal compliance challenges; (7) we are subject to certain risks due to our international operations, distribution channels and vendors; (8) our business and our results of operations could be materially adversely affected as a result of our inability to fulfill orders on a timely basis; (9) we are currently dependent on a limited number of distributor and retail partners in our Traditional segment for the sale of our products; (10) we may experience quality control challenges from time to time that can result in lost revenue and harm to our brands and reputation; (11) seasonality of our business may adversely affect our net sales and operating income; (12) our operations could be disrupted by natural disasters; (13) sales of moissanite and lab grown diamond jewelry could be dependent upon the pricing of precious metals, which is beyond our control; (14) our current customers may potentially perceive us as a competitor in the finished jewelry business; (15) we depend on a single supplier for substantially all of our silicon carbide, or SiC, crystals, the raw materials we use to produce moissanite jewels; if our supply of high-quality SiC crystals is interrupted, our business may be materially harmed; (16) if the e-commerce opportunity changes dramatically or if e-commerce technology or providers change their models, our results of operations may be adversely affected; (17) governmental regulation and oversight might adversely impact our operations; (18) the execution of our business plans could significantly impact our liquidity; (19) the financial difficulties or insolvency of one or more of our major customers or their lack of willingness and ability to market our products could adversely affect results; (20) negative or inaccurate information on social media could adversely impact our brand and reputation; (21) we rely on assumptions, estimates, and data to calculate certain of our key metrics and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business; (22) we may not be able to adequately protect our intellectual property, which could harm the value of our products and brands and adversely affect our business; (23) environmental, social, and governance matters may impact our business, reputation, financial condition, and results of operations; (24) if we fail to evaluate, implement, and integrate strategic acquisition or disposition opportunities successfully, our business may suffer; (25) some anti-takeover provisions of our charter documents may delay or prevent a takeover of our Company; (26) we cannot guarantee that our share repurchase program will be utilized to the full value approved, or that it will enhance long-term stockholder value and repurchases we consummate could increase the volatility of the price of our common stock and could have a negative impact on our available cash balance; and (27) our failure to maintain compliance with The Nasdaq Stock Market's continued listing requirements could result in the delisting of our common stock, in addition to the other risks and uncertainties described in more detail in "Risk Factors" in Part I, Item 1A, of this Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur except as required by the federal securities laws, and you are urged to review and consider disclosures that we make in the reports that we file with the Securities and Exchange Commission, or SEC, that discuss other factors relevant to our business.
- Financial Tables Follow -
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TULSA, Okla., Sept. 1, 2022 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, today provides an update on operations for the second quarter ended June 30, 2022.
"We have made significant headway this quarter in both major product lines, including sales development and advancing our technology," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. "Progress on existing projects has been good, with the timeline of our largest project accelerating and a significant follow on order received; we have greatly increased proposal and sales activity and expect to make further announcements soon; and finally we have approval to return to China in person and look forward to continuing our development there."
Recent strategic and operational highlights during and subsequent to the second quarter of 2022 include:
Received Follow On Purchase Order for California Refinery Multi Heater Project: The order is to proceed with the next phase in the previously announced twenty burner project for a California refinery and is for the purchase of four burners for testing, the multi burner test and other ancillary items. The timing and scope of this order is due to the acceleration of the project timeline. The engineering and computer modelling for this project has been completed and the remaining timeline for this project has been accelerated. The Company expects an additional purchase order for the manufacture and supply of the remaining sixteen burners during the fourth quarter of this year.
Announced an Enclosed Oxidizer Sale to Canada Based Hydrogen Technology Production Company: The company closed a sale of a ClearSign Core™ enclosed oxidizer for installation in a pilot scale hydrogen production plant. The Canadian customer is developing a breakthrough technology for the production of clean hydrogen.
Announced the Appointment of Energy Industry Veteran Gary DiElsi to the Board of Directors: Mr. DiElsi is a seasoned energy executive with a broad background of over 40 years of experience from private equity, major global enterprises, smaller industrial companies, and startup ventures, including both turnaround and growth situations. He is filling the open position from which Bruce A. Pate stepped down from.
Closed an underwritten public offering of Common Stock and Full Exercise of Purchase Right Granted to clirSPV LLC: The Company closed an offering of 4,186,000 shares of its common stock at a price to the public of $1.11 per share. The total offering included 546,000 shares issued pursuant to the full exercise of the underwriter's over-allotment option. Gross proceeds to ClearSign from this offering were approximately $4,646,460 before deducting underwriting discounts, commissions and other offering expenses. As a result of the Company's underwritten public offering completed on June 1, 2022, and pursuant to their Purchase Right, clirSPV LLC purchased its entire allotment of 1,591,594 shares for net proceeds of approximately $1,740,000 to the Company. ClearSign intends to use the net proceeds from the offering for working capital, research and development, marketing and sales, and general corporate purposes.
Awarded Grant from Department of Energy to Develop a Hydrogen Fueled Ultra Low NOx Process Burner: The Company was awarded a government grant through the Small Business Innovative Research (SBIR) program with the Department of Energy. The goal of this project is to develop ultra-low NOx hydrogen burner technology which will enable the adoption of hydrogen fuel for industrial heating, leading to reductions in the industrial emissions of both carbon dioxide and nitrogen oxides. The project and funding are in phases. The initial funding amount is approximately $250,000 and the project will last six months starting at the end of June. If needed, and upon completion of the Phase 1 work, the Company will be able to submit a follow-up proposal to continue the development work with a Phase 2 grant. Phase 2 grant funding can be up to $1.6 million for a two-year duration.
Cash and cash equivalents were approximately $9,007,000 on June 30, 2022.
There were 37,951,559 shares of the Company's common stock issued and outstanding as of August 1, 2022.
The Company will be hosting a call at 5:00 PM ET today. Investors interested in participating on the live call can dial 1-866-372-4653 within the U.S. or 1-412-902-4217 from abroad. Investors can also access the call online through a listen-only webcast at https://app.webinar.net/ky4KLm5LgR2 or on the investor relations section of the Company's website at http://ir.clearsign.com/overview.
The webcast will be archived on the Company's investor relations website for at least 90 days and a telephonic playback of the conference call will be available by calling 1-877-344-7529 within the U.S. or 1-412-317-0088 from abroad. Conference ID #3932241. The telephonic playback will be available for 7 days after the conference call.
About ClearSign Technologies Corporation
ClearSign Technologies Corporation designs and develops products and technologies for the purpose of improving key performance characteristics of industrial and commercial systems, including operational performance, energy efficiency, emission reduction, safety and overall cost-effectiveness. Our patented technologies, embedded in established OEM products as ClearSign Core™ and ClearSign Eye™ and other sensing configurations, enhance the performance of combustion systems and fuel safety systems in a broad range of markets, including the energy (upstream oil production and down-stream refining), commercial/industrial boiler, chemical, petrochemical, transport and power industries. For more information, please visit www.clearsign.com.
Cautionary note on forward-looking statements
All statements in this press release that are not based on historical fact are "forward-looking statements." You can find many (but not all) of these statements by looking for words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "would," "should," "could," "may," "will" or other similar expressions. While management has based any forward-looking statements included in this press release on its current expectations on the Company's strategy, plans, intentions, performance, or future occurrences or results, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties and other factors include, but are not limited to, our ability to successfully install our burners in the California refinery and complete the anticipated project within the updated timeline, our performance of the Phase I work and likelihood that we submit, and are approved, for Phase II grant funding, general business and economic conditions, the performance of management and our employees, our ability to obtain financing, competition, whether our technology will be accepted and adopted and other factors identified in our Annual Report on Form 10-K filed with the Securities and Exchange Commission and available at www.sec.gov and other factors that are detailed in our periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a competitive environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and, except as may be required by law, undertake no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.
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Cloudastructure Gets a Double Hitter in New Product of the Year Awards
MIAMI, Sept. 1, 2022 /PRNewswire/ -- Security Today magazine announced today that Cloudastructure's newest solutions, Remote Guarding and GearBox™, have each won in their categories for the magazine's annual New Product of the Year competition.
Cloudastructure's wins include:
- Best New Monitoring Solution for their new Remote Guarding Platform
- Best New Internet of Things Solution for GearBox.
The Security Today New Product of the Year Award honors the outstanding product development achievements of security equipment manufacturers whose products are considered to be particularly noteworthy in their ability to improve security. In the 14th successful year of the independently juried contest, winners were honored in 47 categories.
This is the second consecutive year for Cloudastructure to win at the New Product Awards. Last year, the company made headlines as the winner for Cloud Solutions and Services.
Integrated with Cloudastructure's flagship cloud-based AI Surveillance platform, Cloudastructure's new Remote Guarding solution is the first cloud-based video monitoring solution that enables guard companies and monitoring stations to seamlessly view footage, receive customized alerts, utilize AI/ML analytics, and Voice Down threats in real time. The solution eschews costly and ineffective NVR's, plug-ins, and third party licenses, as well as alleviates the bandwidth problems that come from utilizing multiple platforms to achieve proactive end-to-end security.
Acquired earlier this year, Best New IoT solution GearBox is a clever, economical, and unique cloud-based cybersecurity solution that identifies, inventories, and tests all IoT devices. The "MacAfee for Enterprise IoT," the solution is a quick, easy way for companies to receive alerts to threats, compliance issues, and vulnerabilities in real time, along with a prioritized remediation roadmap in minutes.
Cloudastructure CEO Rick Bentley commented, "We'd first like to thank the judges and Security Today for the recognition. We'd also like to thank our engineers, who are second to none, as the results show. We're rethinking security, and we're doing it from the ground up and putting it all back together in the cloud. Our objective is to ensure that enterprise businesses can partner with us and achieve proactive, end-to-end security that actively stops crime and losses."
Please direct media inquiries to Kathleen Hannon at kathleen@cloudastructure.com.
Headquartered in Miami, Florida, with R&D in Silicon Valley, California, Cloudastructure's 21st century award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, a seamless remote guarding solution, IoT cybersecurity, and smart parking. The combination enables enterprise businesses to achieve proactive, premiere end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support at no extra cost. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit www.cloudastructure.com.
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WASHINGTON, Sept. 1, 2022 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will participate in the following conferences:
The Goldman Sachs 2022 Communacopia + Technology Conference is being held at the Palace San Francisco in San Francisco, CA. Dave Schaeffer will be presenting on Monday, September 12th at 10:45 a.m. PT.
The Deutsche Bank 30th Annual Leveraged Finance Conference is being held at the Phoenician in Scottsdale, AZ. Dave Schaeffer will be presenting on Tuesday, September 20th at 4:15 p.m. PT.
Investors and other interested parties may access live audio webcasts of the conference presentations by going to the "Events" section of Cogent's website at www.cogentco.com/events. Replays of the webcasts will be available for 90 days following the presentations.
About Cogent
Cogent (NASDAQ: CCOI) is a facilities-based provider of low cost, high speed Internet access and private network services to bandwidth intensive businesses. Cogent's facilities-based, all-optical IP network provides services in over 218 markets across 51 countries.
Cogent is headquartered at 2450 N Street, NW, Washington, D.C. 20037. For more information, visit www.cogentco.com. Cogent can be reached in the United States at (202) 295-4200 or via email at info@cogentco.com.
Information in this release may involve expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Cogent Communications Holdings, Inc. as of the date of the release, and we assume no obligation to update any such forward-looking statement. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Some of the factors and risks associated with our business are discussed in Cogent's registration statements filed with the Securities and Exchange Commission and in its other reports filed from time to time with the SEC.
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Shareholders are reminded to vote their shares prior to the proxy voting deadline of 2:00 p.m. (Eastern Time) on September 6, 2022
WAKEFIELD, Mass., Sept. 1, 2022 /PRNewswire/ -- Curaleaf Holdings, Inc. ("Curaleaf" or the "Company") (CSE: CURA / OTCPX: CURLF), a leading international provider of consumer products in cannabis, reminds its shareholders that its annual meeting (the "Meeting") will be held on September 8, 2022 at 2:00 p.m. (Eastern time), solely by means of remote communication via live webcast, rather than in person, at the time and for the purposes set forth in the Notice of Meeting and Management Information Circular of the Company dated July 28, 2022, available under Curaleaf's profile on SEDAR at www.sedar.com.
Curaleaf shareholders are encouraged to read the Management Information Circular (the "Circular") filed in connection with the Meeting in detail and cast their votes prior to the proxy voting deadline.
Curaleaf's board of directors and management recommend that shareholders VOTE FOR all proposed resolutions.
Registered shareholders and duly appointed proxyholders can virtually attend, participate, vote or submit questions at the virtual Meeting online via webcast at the following link https://web.lumiagm.com/271030391.
To ensure a smooth process, the Company is asking registered participants to log in to the Meeting by 01:45 p.m. (Eastern time) on September 8, 2022. To access the Meeting, use the link above, click on "I have a login" and enter the username, being the control number located on the form of proxy (or in the email notification received prior to the Meeting), along with the password "curaleaf2022" (case sensitive).
You are encouraged to vote your shares by proxy prior to the proxy voting deadline.
Non-registered (beneficial) shareholders who have not duly appointed themselves as proxyholder will be able to attend the Meeting as a guest but will not be able to participate or vote at the Meeting. If you are a non-registered (beneficial) shareholder and wish to vote at the Meeting, you have to appoint yourself as proxyholder, by inserting your own name in the space provided on the voting instruction form sent to you, and must follow all of the applicable instructions provided by your intermediary.
Please refer to the Circular for detailed instructions, including the sections titled "Voting at the Meeting", "Attendance and Participation at the Meeting" and "Appointment of Proxy".
Registered shareholders can vote online in advance of the meeting at https://login.odysseytrust.com/pxlogin prior to 2:00 p.m. (Eastern Time) on September 6, 2022, by entering their control number located on the form of proxy, followed by clicking "Log In".
Non-registered (beneficial) shareholders are encouraged to contact their intermediary for voting instructions.
Shareholders who have questions about the meeting resolutions or need assistance voting may contact the Company's investor relations department at IR@curaleaf.com.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to improve lives by providing clarity around cannabis and confidence around consumption. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf and Select, provide industry-leading service, product selection and accessibility across the medical and adult-use markets. In the United States, Curaleaf currently operates in 21 states with 136 dispensaries, 26 cultivation sites, and employs over 6,000 team members. Curaleaf International is the largest vertically integrated cannabis company in Europe with a unique supply and distribution network throughout the European market, bringing together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Canadian Securities Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.
For further information contact:
Investor Contact
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment Officer
IR@curaleaf.com
Media Contacts
Curaleaf Holdings, Inc.
Tracy Brady, SVP Corporation Communications
Media@curaleaf.com
This media advisory contains forward–looking statements and forward–looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or, "proposed", "is expected", "intends", "anticipates", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. Such forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed March 9, 2022, which is available under the Company's SEDAR profile at www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
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SOURCE Curaleaf Holdings, Inc. | https://www.whsv.com/prnewswire/2022/09/01/curaleaf-annual-meeting-shareholders-reminder/ | 2022-09-01T22:46:15Z |
DALLAS, Sept. 1, 2022 /PRNewswire/ -- Patel Law Group ("PLG"), a leading Texas-based boutique law firm, today announced the coming addition of Kamden Florence-Crawford to its corporate, securities, and M&A team in the firm's Dallas office.
Kamden recently graduated from SMU Dedman School of Law in Dallas. She was the president of the real estate law association and involved in the corporate counsel externship program and the corporate law association. She will focus her practice on advising corporate and business clients regarding mergers, acquisitions, corporate formations, and securities offerings.
"We are excited to continue our growth in the corporate, securities, and M&A practices. We continuously strive to achieve the highest levels of client satisfaction, further growing on the firm's already stellar reputation and growth in the real estate transactional industry, specifically multi-family residential", said Chris Barsness, who leads the corporate and securities practice group at PLG.
With over 20 years of experience, Chris is a corporate and securities lawyer that focuses his practice on corporate transactions, complex financings, fund formation, and securities matters. Chris has worked on a wide range of securities matters for both private and public companies, including hundreds of debt, equity, and hybrid Reg. D private offerings. Chris also served as an adjunct professor of securities law at the University of California – Irvine School of Law and is a local member of the Association of Corporate Growth's Dallas/Fort Worth chapter. He has worked on the buy-side and sell-side on M&A transactions as the lead counsel in deals from under $1 million to $162 million.
Patel Law Group is a full-service law firm providing efficient, results‑driven legal to local, regional, and international clients. From our locations in Dallas and Houston, we leverage broad experience and extensive relationships to deliver results for clients nationwide. With a rolled‑up‑sleeves attitude, we partner with clients of all sizes — individuals, start-ups and established companies — to achieve their objectives in Immigration, Real Estate, Litigation and Corporate law. We take pride in our work and customer service to our clients. We strive everyday to make our firm motto a reality – "Experience. Relationships. Results."
Chris Barsness
(972) 650-6848
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SOURCE Patel Law Group, PLLC | https://www.whsv.com/prnewswire/2022/09/01/dallas-law-firm-patel-law-group-continues-growing-its-corporate-securities-mampa-practice-group/ | 2022-09-01T22:46:23Z |
Expanded Role for Proven Darigold Leader Underscores Co-op's Commitment to Modernization, Expansion Plans
SEATTLE, Sept. 1, 2022 /PRNewswire/ -- Darigold, Inc. the Seattle-based farmer-owned co-op and one of the nation's largest dairy producers, announced that it has named Richard Scheitler to the newly created position of chief transformation officer. The promotion comes at the midway point of a major transformation strategy that has the 104-year-old co-op pursuing a number of initiatives aimed at global expansion and modernization.
"No business survives for more than 100 years without demonstrating the ability to adapt to changing environments and dynamics," said Joe Coote, chief executive officer at Darigold. "We are fortunate to be in a growth industry, to have a beloved heritage brand, and supportive farmer-owners who are willing to make the necessary investments to ensure our success well into the future. But realizing that success also means doing the work that's necessary for our own evolution as a business. Richard is the right person to lead those efforts at Darigold."
Darigold is well into a transformation journey that has the co-op pursuing initiatives to expand production capacity, modernize its technology infrastructure, and enhance logistics, among other strategic improvements. Most notably, Darigold is building a new production facility in Eastern Washington to expand its capacity in a location that is proximate to a significant number of its affiliated farms as well as rail and maritime shipping infrastructure, and rebuilding a fire-damaged facility in Idaho.
Scheitler originally joined Darigold in 2019 as chief information officer. Prior to Darigold, he held the CIO role at The Wonderful Company, a $4 billion business that owns and operates such well-known consumer brands as FIJI Water, POM Wonderful, Teleflora, Wonderful Pistachios and Almonds, and other businesses in the wine, shipping, and consumer-packaged goods industries, and at POM Wonderful. His background is long on information technology and systems design, and also includes a decade at KPMG Consulting/BearingPoint, where he helped a variety of businesses across categories to make significant strategic improvements and transformations.
He holds a Bachelor of Science degree and a Master's degree in Information Systems Technology, both from the George Washington University School of Business and Public Management.
"Richard is a proven leader with a track record of driving successful business transformation efforts," said Coote. "Since joining our co-op three years ago, he has made considerable progress transforming our technology infrastructure and earned the respect of our board of directors, our senior leadership team, and employees across the organization. I'm confident that he is the right person to lead these key aspects of our transformation."
Headquartered in Seattle, Darigold, Inc. is the marketing and processing subsidiary of Northwest Dairy Association (NDA), which is owned by more than 300 family-owned dairy farms in Washington, Oregon, Idaho, and Montana. Darigold handles approximately 10 billion pounds of milk annually. Darigold produces a full line of dairy-based products for retail, foodservice, commodity, and specialty markets, and is one of the largest U.S. dairy processors. Darigold, Inc. operates 11 plants throughout the Northwest, processing high-quality milk produced by NDA farm families, and satellite offices in Mexico City, Mexico and Shanghai, China. For more information, visit darigold.com.
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SOURCE Darigold, Inc. | https://www.whsv.com/prnewswire/2022/09/01/darigold-names-richard-scheitler-chief-transformation-officer/ | 2022-09-01T22:46:29Z |
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Delcath Systems, Inc. (Nasdaq: DCTH), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, will participate at the H.C. Wainwright 24th Annual Global Investor Conference. Delcath CEO, Gerard Michel will present on September 12 at 8:30 AM ET.
A webcast of the presentation will be available at https://journey.ct.events/view/73738b66-ee17-43a2-b94a-00d7d3908fbb. A replay of the presentation will be available following the event.
Management is scheduled to host one-on-one meetings throughout the event. Investors interested in arranging one-on-one meetings should contact your conference representative. You may also call or email Ben Shamsian of Lytham Partners at 646-829-9701, or shamsian@lythampartners.com.
About Delcath Systems, Inc.
Delcath Systems, Inc. is an interventional oncology company focused on the treatment of primary and metastatic liver cancers. The Company's proprietary percutaneous hepatic perfusion (PHP) system is designed to administer high-dose chemotherapy to the liver while controlling systemic exposure and associated side effects. In the United States, the PHP system is being developed under the tradename HEPZATO® KIT (melphalan hydrochloride for injection/hepatic delivery system), or HEPZATO, for the treatment of patients with unresectable hepatic-dominant metastatic ocular melanoma (mOM), also known as metastatic uveal melanoma (mUM) and is considered a combination drug and device product regulated by the United States Food and Drug Administration (FDA).
In Europe, the PHP system is now regulated as a Class lll medical device and is approved for sale under the trade name CHEMOSAT Hepatic Delivery System for Melphalan, or CHEMOSAT, where it has been used at major medical centers to treat a wide range of cancers of the liver.
Investor Relations Contact:
Ben Shamsian
Lytham Partners
646-829-9701
shamsian@lythampartners.com
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SOURCE Delcath Systems, Inc. | https://www.whsv.com/prnewswire/2022/09/01/delcath-systems-participate-hc-wainwright-24th-annual-global-investor-conference-september-12-13-2022/ | 2022-09-01T22:46:36Z |
TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01
VANCOUVER, BC, Sept. 1, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $5.98 Million. Under the terms of the private placement, the Company will offer for sale up to 2.3 million Units (the "Units") at CAD $2.60 per Unit.
Each Unit will consist of one common share of the Company and one share purchase warrant (the "Warrants"), with each whole Warrant allowing the subscriber to purchase one additional share of the Company for a period of three years from the date of the closing at a price of CAD $3.50 per share. The expiry of the Warrants may be accelerated at the election of the Company by written notice if the closing price for the common shares on the TSX Venture Exchange shall be equal to or greater than CAD $7.00 per share for a minimum of ten consecutive trading days. Finder's fees are payable. Proceeds from the private placement will be utilized for working capital and general corporate purposes.
The Units will be subject to a 4-month hold period. The private placement is subject to the approval of the TSX Venture Exchange.
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
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SOURCE Desert Mountain Energy Corp. | https://www.whsv.com/prnewswire/2022/09/01/desert-mountain-energy-announces-private-placement/ | 2022-09-01T22:46:42Z |
HOUSTON, Sept. 1, 2022 /PRNewswire/ -- EOG Resources, Inc. (EOG) is scheduled to present at the Barclays CEO Energy-Power Conference at 7:35 a.m. Central time (8:35 a.m. Eastern time) on Thursday, September 8. Ezra Y. Yacob, Chief Executive Officer, will present on behalf of EOG.
Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year.
About EOG
EOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com.
Investor Contacts
David Streit 713-571-4902
Neel Panchal 713-571-4884
Media Contact
Kimberly Ehmer 713-571-4676
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SOURCE EOG Resources, Inc. | https://www.whsv.com/prnewswire/2022/09/01/eog-resources-present-upcoming-conference/ | 2022-09-01T22:46:49Z |
Major Sales Milestone Driven by Significant PRT Deals
DES MOINES, Iowa, Sept. 1, 2022 /PRNewswire/ -- F&G Annuities & Life, Inc. (F&G or the Company), an operating segment of Fidelity National Financial, Inc. (NYSE:FNF) and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, recently closed two pension risk transfer (PRT) transactions propelling cumulative sales from F&G's Institutional Markets to nearly $5 billion since the channel launched in June 2021. Institutional Markets transactions include PRT and funding agreements.
During August, F&G closed PRT transactions representing $620 million in pension obligations and 13,000 certificate holders, including a first repeat client transaction. Since launching last year, the Company has now closed 10 total PRT deals resulting in $2.3 billion in sales and 44,000 total participants who will receive their pension payments from F&G.
"In just over a year, F&G's institutional business continues to experience strong growth as evidenced by this significant sales milestone," said Scott Cochran, President of Institutional and New Markets at F&G. "Our PRT deals this year have already exceeded total PRT sales from 2021, thanks in part to our deeply experienced team and overall ability to leverage our financial and investment strengths. We are excited for continued momentum in the institutional business as part of our diversified growth strategy which complements our growing retail channels."
F&G's nearly $5 billion in institutional sales has also been driven by continued opportunistic growth in the funding agreement backed note (FABN) market, resulting in $700 million in sales during the first half of 2022, despite elevated capital market volatility this year.
About F&G
F&G is part of the FNF family of companies. F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.
"F&G" is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.
Media Contact:
Karen Pevenstein
Karen.Pevenstein@fglife.com
617.312.3922
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SOURCE Fidelity & Guaranty Life; Fidelity National Financial, Inc. | https://www.whsv.com/prnewswire/2022/09/01/fampg-reaches-nearly-5-billion-institutional-markets-sales-since-launching-june-2021/ | 2022-09-01T22:46:56Z |
- More than half of patients treated with SPEVIGO® (spesolimab-sbzo) injection, for intravenous use showed no visible pustules one week after receiving treatment
- Spesolimab is a monoclonal antibody that inhibits interleukin-36 (IL-36) signaling
RIDGEFIELD, Conn., Sept. 1, 2022 /PRNewswire/ -- Boehringer Ingelheim announced today the U.S. Food and Drug Administration has approved SPEVIGO, the first approved treatment option for generalized pustular psoriasis (GPP) flares in adults. SPEVIGO is a novel, selective antibody that blocks the activation of the interleukin-36 receptor (IL-36R), a key part of a signaling pathway within the immune system shown to be involved in the cause of GPP.
"GPP flares can greatly impact a patient's life and lead to serious, life-threatening complications," said Mark Lebwohl, M.D., lead investigator and publication author, and Dean for Clinical Therapeutics, Icahn School of Medicine at Mount Sinai, Kimberly and Eric J. Waldman Department of Dermatology, New York. "The approval of SPEVIGO is a turning point for dermatologists and clinicians. We now have an FDA-approved treatment that may help make a difference for our patients who, until now, have not had any approved options to help manage GPP flares."
Distinct from plaque psoriasis, GPP is a rare and potentially life-threatening neutrophilic skin disease, which is characterized by flares (episodes of widespread eruptions of painful, sterile pustules). In the United States, it is estimated that 1 out of every 10,000 people has GPP. Given that it is so rare, recognizing the signs and symptoms can be challenging and consequently lead to delays in diagnosis.
"This important approval reflects our successful efforts to accelerate our research with the aim to bring innovative treatments faster to the people most in need," said Carinne Brouillon, Member of the Board of Managing Directors, responsible for Human Pharma, Boehringer Ingelheim. "We recognize how devastating this rare skin disease can be for patients, their families and caregivers. GPP can be life-threatening and until today there have been no specific approved therapies for treating the devastating GPP flares. It makes me proud that with the approval of SPEVIGO we can now offer the first U.S. approved treatment option for those in need."
In the 12-week pivotal Effisayil™ 1 clinical trial, patients experiencing a GPP flare (N=53) were treated with SPEVIGO or placebo. After one week, patients treated with SPEVIGO showed no visible pustules (54%) compared to placebo (6%).
In Effisayil™ 1, the most common adverse reactions (≥5%) in patients that received SPEVIGO were asthenia and fatigue, nausea and vomiting, headache, pruritus and prurigo, infusion site hematoma and bruising, and urinary tract infection.
"GPP can have an enormous impact on patients' physical and emotional wellbeing. With the FDA approval of this new treatment, people living with GPP now have hope in knowing that there is an option to help treat their flares," said Thomas Seck, M.D., Senior Vice President, Medicine and Regulatory Affairs, Boehringer Ingelheim. "SPEVIGO represents Boehringer Ingelheim's commitment to delivering meaningful change for patients living with serious diseases with limited treatment options."
About SPEVIGO
SPEVIGO is indicated for the treatment of GPP flares in adults. SPEVIGO is contraindicated in patients with severe or life-threatening hypersensitivity to spesolimab-sbzo or to any of the excipients in SPEVIGO. Reactions have included drug reaction with eosinophilia and systemic symptoms (DRESS).
What is SPEVIGO?
SPEVIGO is a prescription medicine used to treat generalized pustular psoriasis (GPP) flares in adults. It is not known if SPEVIGO is safe and effective in children.
Important Safety Information
Do not receive SPEVIGO if you have had a severe or life-threatening allergic reaction to spesolimab-sbzo or any of the ingredients in SPEVIGO.
What is the most important information I should know about SPEVIGO?
SPEVIGO may cause serious side effects, including:
- Infections. SPEVIGO may lower the ability of your immune system to fight infections and may increase your risk of infections. Your healthcare provider should check you for infections and tuberculosis (TB) before starting treatment with SPEVIGO and may treat you for TB before you begin treatment with SPEVIGO if you have a history of TB or have active TB. Your healthcare provider should watch you closely for signs and symptoms of TB after treatment with SPEVIGO. Tell your healthcare provider right away if you have an infection or have symptoms of an infection, including:
- Allergic reactions and infusion-related reactions. Serious allergic reactions may happen during or after your infusion of SPEVIGO. If you have a serious allergic reaction, your healthcare provider will stop treatment with SPEVIGO. If you have an infusion-related reaction, your healthcare provider will stop your SPEVIGO infusion and treat your symptoms and may restart SPEVIGO at a slower infusion rate. Tell your healthcare provider or get emergency medical help right away if you get any of the following symptoms during or after your infusion of SPEVIGO:
Before you receive SPEVIGO, tell your healthcare provider about all of your medical conditions, including if you:
- have an infection that does not go away or that keeps coming back.
- have TB or have been in close contact with someone with TB.
- have recently received or are scheduled to receive an immunization (vaccine). You should not receive live vaccines after treatment with SPEVIGO.
- are pregnant or plan to become pregnant. It is not known if SPEVIGO can harm your unborn baby.
- are breastfeeding or plan to breastfeed. It is not known if SPEVIGO passes into your breast milk. Talk to your healthcare provider about the best way to feed your baby during treatment with SPEVIGO.
Tell your healthcare provider about all the medicines you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements.
What are the most common side effects of SPEVIGO:
- feeling tired or weak
- nausea and vomiting
- headache
- itching or itchy bumps
- a collection of blood under the skin at the infusion site or bruising
- urinary tract infection
These are not all of the possible side effects of SPEVIGO. Call your doctor for medical advice about side effects.
You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088.
For more information, please see Prescribing Information and Medication Guide.
CL-SPG-100001 09.01.2022
About generalized pustular psoriasis (GPP)
GPP is a rare, heterogenous and potentially life-threatening neutrophilic skin disease, which is clinically distinct from plaque psoriasis. GPP is caused by neutrophils (a type of white blood cell) accumulating in the skin, resulting in painful, sterile pustules all over the body. The clinical course varies, with some patients having a relapsing disease with recurrent flares, and others having a persistent disease with intermittent flares. While the severity of GPP flares can vary, if left untreated they can be life-threatening due to complications such as sepsis and multisystem organ failure. This chronic, systemic disease has a substantial quality of life impact for patients and increased healthcare burden. GPP has a varied prevalence across different geographical regions and more women are affected than men.
GPP flares can lead to hospitalization with serious complications, including heart failure, renal failure and sepsis, and the unpredictability and severity of these flares greatly affect a person's quality of life.
Boehringer Ingelheim Immunology: Pioneering Science, Inspired By Patients
Living with fibrotic and inflammatory diseases greatly impacts patients' lives emotionally and physically. These patients are our guides, partners, and inspiration as we redefine treatment paradigms. As a family-owned company, we can plan long-term. Our goal is to discover and develop first-of-their-kind therapies. With a deep understanding of molecular pathways, we are pioneering scientific breakthroughs that target, repair, and prevent many fibrotic and inflammatory diseases. By building on long-term external collaborations, we strive to bring treatment breakthroughs to patients in the shortest time. We won't rest until we can give people the chance to live the lives they want.
Boehringer Ingelheim
Boehringer Ingelheim is working on breakthrough therapies that improve the lives of humans and animals. As a leading research-driven biopharmaceutical company, the company creates value through innovation in areas of high unmet medical need. Founded in 1885 and family-owned ever since, Boehringer Ingelheim takes a long-term perspective. Around 52,000 employees serve more than 130 markets in the three business areas, Human Pharma, Animal Health, and Biopharmaceutical Contract Manufacturing. Learn more at www.boehringer-ingelheim.com.
CONTACTS:
US: Chris Wahlers
Email: Christopher.wahlers@boehringer-ingelheim.com
Phone: (203)-798-4375
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SOURCE Boehringer Ingelheim Pharmaceuticals | https://www.whsv.com/prnewswire/2022/09/01/fda-approves-first-treatment-option-generalized-pustular-psoriasis-flares-adults/ | 2022-09-01T22:47:02Z |
VANCOUVER, BC, Sept. 1, 2022 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into an agreement (the "Agreement") with Nevada Gold Mines LLC ("NGM"), a joint venture between Barrick Gold Corporation (61.5%) and Newmont Corporation (38.5%), to acquire the following royalties on properties located in Nevada for total share consideration of US$27,500,000, which will be satisfied through the issuance of 9,393,681 common shares of the Company to NGM on closing:
- a 10% Net Profits Interest royalty ("NPI") on the high-grade, producing Granite Creek Mine ("Granite Creek") operated by i-80 Gold Corp. ("i-80"), payable after 120,000 oz of gold or equivalent is cumulatively produced from the project;
- a 2.00% Net Smelter Return royalty ("NSR") on the Bald Mountain Mine ("Bald Mountain") operated by Kinross Gold Corporation ("Kinross"), payable after 10 million ounces of gold have been produced from the properties; and
- a 1.25% NSR on the Bald Mountain Joint Venture Zone ("JV Zone") also operated by Kinross.
David Garofalo, Chairman and CEO of Gold Royalty, commented, "We are excited to further expand our strong royalty position in Nevada, one of the best mining jurisdictions in the world, by acquiring a portfolio of high-quality royalties from NGM. Granite Creek commenced underground mining earlier this year and we are encouraged by the high-grade potential of the project to deliver significant returns in the future. The Bald Mountain royalties provide Gold Royalty exposure to exploration upside on one of the largest private mining land packages in the U.S. Additionally, this transaction further validates our business model and growth strategy as we welcome NGM as a significant Gold Royalty shareholder."
Granite Creek
The Granite Creek Mine is located in Nevada at the intersection of the Getchell and Battle Mountain Trends proximal to Nevada Gold Mines' Twin Creeks and Turquoise Ridge mining operations. The mine hosts both high grade open pit and underground mineral resources that remain open for expansion. The underground mine is permitted with development and test mining underway as part of the planned ramp-up of production activities. Permitting work for construction of an open pit mine (heap leach) is ongoing.
In its press release dated June 1, 2022, i-80 disclosed that it is executing an extensive ~30,000 meter exploration and delineation drilling program targeting both the open pit and underground mineralization and that it expects to complete an updated feasibility study for the project in 2022.
i-80 announced on February 23, 2022 that it had commenced underground mining operations in February 2022. In a press release dated July 5, 2022 it announced the first shipment of ore from the project and disclosed that it is currently ramping up production, targeting 450 tons per day by the end of 2022 and 1,000 tons per day by the second half of 2023.
For further information on Granite Creek, please refer to the technical report titled "Preliminary Economic Assessment NI 43-101 Technical Report, Granite Creek Mine Project, Humboldt County, Nevada, USA" with an effective date of May 4, 2021 prepared for i-80, a copy of which is available under i-80's profile at www.sedar.com.
The 10% NPI covers the entire project and becomes payable after the first 120,000 ounces of gold are produced from the property. Approximately 7,000 ounces of gold have already been produced. The royalty is not subject to any step-downs or buybacks.
Bald Mountain
Bald Mountain is operated by Kinross as an open-pit mine with a large estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend. In its annual information form for the year ended December 31, 2021, Kinross disclosed mineral reserves and mineral resources estimates (with an effective date of December 31, 2021) for Bald Mountain of:
- proven and probable reserves of 798 koz (40,980 kt at 0.6 g/t Au);
- measured and indicated mineral resources (exclusive of mineral reserves) of 3,592 koz (200,525 kt at 0.6 g/t Au); and
- inferred mineral resources of 669 koz (45,716 kt at 0.5 g/t Au).
Kinross has disclosed that, in 2021, the mine produced 204,890 gold equivalent ounces. Kinross highlights that their pipeline of high-quality targets at Bald Mountain are being explored for further opportunities to add resource conversions and exploration success.
For further information on Bald Mountain, including the above estimates, please refer to Kinross' Annual Information Form for the year ended December 31, 2021, a copy of which is available under its profile at www.sedar.com.
The 2.00% NSR is payable after the first 10.0 million ounces of gold are produced from the property, with approximately 1.4 million gold equivalent ounces having been produced to date. This provides Gold Royalty exposure to the longer-term and exploration upside of the mine. The royalty covers the entire Bald Mountain Mine property and is not subject to any step-downs or buybacks.
Bald Mountain Joint Venture Zone
The JV Zone was acquired by Kinross from Barrick in October 2018, consolidating the Bald Mountain land package, and creating the largest private mining land package in the U.S. The JV Zone covers the area between the southern and northern mining areas at Bald Mountain, providing longer-term exploration potential for Kinross to extend the mine life.
Further information on the JV Zone can be found on the Kinross website, www.kinross.com.
Gold Royalty's 1.25% NSR covers the entire JV Zone. The royalty is not subject to any production hurdles, step-downs, or buybacks.
The transaction is being completed pursuant to a royalty purchase agreement between Gold Royalty and NGM. Closing of the transaction is subject to certain customary conditions and is currently expected to occur on or about the end of the current quarter.
Gold Royalty is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty's diversified portfolio currently consists primarily of royalties on gold properties located in the Americas.
Alastair Still, P.Geo., Director of Technical Services of the Company, is a "qualified person" as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") of Canadian Securities Administrators and has reviewed and approved the technical information disclosed in this news release.
National Bank Financial acted as financial advisor to Gold Royalty in connection with the Agreement.
Disclosure relating to properties in which Gold Royalty holds royalty or other interests is based on information publicly disclosed by the owners or operators of such properties. The Company generally has limited or no access to the properties underlying its interests and is largely dependent on the disclosure of the operators of its interests and other publicly available information. The Company generally has limited or no ability to verify such information. Although the Company does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. In addition, certain information publicly reported by operators may relate to a larger property than the area covered by the Company's interest. The Company's royalty interests do not apply to the entirety of each project in some cases. Please see the Company's most recent Annual Report on Form 20-F for further information. It cannot be assumed that all or any part of a measured, indicated or inferred resource will ever be upgraded to a higher category. "Inferred mineral resources" have a greater amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility.
Unless otherwise indicated, the technical and scientific disclosure contained or referenced in this news release, including any references to mineral resources or mineral reserves, was prepared by the project operators in accordance with NI 43-101, which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the "SEC") applicable to domestic issuers. Accordingly, the scientific and technical information contained or referenced in this news release may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements of the SEC.
Certain of the information contained in this news release constitutes 'forward-looking information' and 'forward-looking statements' within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), including but not limited to statements regarding: the expected closing of the transaction with NGM and the issuance by the Company of common shares to NGM upon closing, future plans, estimates and expectations disclosed by the operators of the projects underlying the Company's interests, including the proposed production targets, advancement and expansion of such projects disclosed by the operators, the results of exploration, development and production activities of such operators and expectations regarding the completion of the transaction disclosed herein. Such statements can be generally identified by the use of terms such as "may", "will", "expect", "intend", "believe", "plans", "anticipate" or similar terms. Forward-looking statements are based upon certain assumptions and other important factors, including assumptions of management regarding the accuracy of the disclosure of the operators of the projects underlying the Company's projects, their ability to achieve disclosed plans and targets, macroeconomic conditions, commodity prices and the ability of the parties to satisfy the conditions to the completion of the transaction disclosed herein. Forward-looking statements are subject to a number of risks, uncertainties and other factors which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements including, among others, any inability to any inability of the operators of the properties underlying the Company's royalty interests to execute proposed plans for such properties or to achieved planned development and production estimates and goals, risks related to the operators of the projects in which the Company holds interests, including the successful continuation of operations at such projects by those operators, risks related to exploration, development, permitting, infrastructure, operating or technical difficulties on any such projects, the influence of macroeconomic developments as well as the impact of, and response of relevant governments to, COVID-19 and the effectiveness of such responses, the ability of the parties to satisfy the conditions to the transaction and other factors set forth in the Company's Annual Report on Form 20-F for the year ended September 30, 2021 and its other publicly filed documents under its profiles at www.sedar.com and www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
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SOURCE Gold Royalty Corp. | https://www.whsv.com/prnewswire/2022/09/01/gold-royalty-announces-acquisition-royalties-producing-assets-nevada-gold-mines-welcomes-nevada-gold-mines-major-shareholder/ | 2022-09-01T22:47:09Z |
SAN FRANCISCO, Sept. 1, 2022 /PRNewswire/ -- Boutique apparel brand HappyDic has launched a new collection of must-have tee shirts alongside a bold campaign to raise funds for global charities. Inspired by recent events in Ukraine the first collection features a small woven Ukraine flag detail on the right sleeve so wearers can quietly signal their support.
Accounting for 10% of all retail sales, Streetwear is now estimated to be worth over $185 billion. One of the most striking retail and fashion trends to have emerged in the last three decades.
Combining this ubiquitous style statement with the current global mission to be more sustainable and ethically responsible, HappyDic are taking evolving Streetwear one step further by introducing politics, culture, ethics and global responsibility into its mix. HappyDic streetwear is a statement of cultural engagement, ethical responsibility and a desire to support local apparel industries.
The exciting debut collection features original artwork that fuses iconic gaming characters with globally recognized dictators. "Maorio", fuses the legendary Mario character from Nintendo with Chairman Mao, the Chinese communist revolutionary turned dictator. The former North Korean dictator Kim Jong-Il is merged with Donkey Kong to create "Donkey Jong". The leader of the Cuban Revolution, Che Guevara becomes "Princess Peaché". And Joseph (pronounced "Yo-seef" in Russian) Stalin is mashed with Yoshi to produce "Yoshif". Each graphic Tee becomes a graphic statement and a talking point.
Made in the USA, HappyDic's tees are a luxury streetwear apparel brand with ethical values. Mindful of excessive production, HappyDic produces all their tee shirts in small batches which are then lovingly packaged with biodegradable and recyclable materials in their San Francisco studio.
Every HappyDic sale will contribute either all or a part of the proceeds to a designated charity selected from the highly trusted Charity Navigator. The first limited edition collection will see 100% of net proceeds go to charities actively helping Ukrainian refugees including HIAS, UNICEF, CARE and HOPE.
HappyDic's tees are available on white or black cotton in sizes Small, Medium, Large and Extra Large. Each tee is made with premium quality heavyweight 100% combed ring-spun American cotton. Retailing for $100.00.
More information is available at the official website: www.happydic.com
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SOURCE HappyDic | https://www.whsv.com/prnewswire/2022/09/01/happydic-is-reinventing-usa-streetwear-new-generation-sustainable-ethical-shoppers/ | 2022-09-01T22:47:16Z |
Step into a unique celebratory gathering that only the Wizarding World can inspire at the Paraiso Maravilla
HOUSTON, Sept. 1, 2022 /PRNewswire/ -- 'Have you ever dreamt of attending the Yule Ball?' This fall, you are invited to the unique celebratory gathering, "Harry Potter: A Yule Ball Celebration", coming to select cities across the globe for the first time ever, all the way from Milan and Montreal to Houston and Mexico City with dates starting November 18 in the US.
Co-produced by Warner Bros. Themed Entertainment and Fever, the leading global entertainment discovery platform, "Harry Potter: A Yule Ball Celebration" is a spellbinding party where guests will be able to participate in iconic and beloved moments inspired by J.K. Rowling's magical stories and scenes from the Harry Potter film series. The experience features several Wizarding World elements and celebrates the Yule Ball moment in a whimsical, elegant way. Although not mandatory, guests are encouraged to dress up in their best formal Wizarding World attire.
With the many different offerings at the Ball, from interacting with hosts to various photo opportunities, you don't even need to know how to dance in order to partake in the experience and have fun. Throughout the event, attendees can enjoy delicious food and beverages, as well as a market featuring branded merchandise.
For a limited time, the wonderful Paraiso Maravilla in central Houston will light up in an enchanting, festive environment that promises to bring guests together in a celebration to remember. Engaging hosts will get the ballroom going with fun, celebratory interactions happening throughout the entire experience.
Tickets will be available for purchase starting Thursday, September 8, but fans who sign up for the waitlist at harrypotteryuleballcelebration.com will unlock exclusive access to secure early tickets. Quantities will be limited.
Co-produced by Warner Bros. Themed Entertainment and Fever, "Harry Potter: A Yule Ball Celebration" is a spellbinding party that will gather fans of the beloved series to celebrate the iconic Yule Ball moments from the Harry Potter series in a unique celebratory occasion.
Starting November 18th, 2022
Paraiso Maravilla (5714 Fairdale Ln, Houston, TX 77057)
Tickets will be available for purchase starting Thursday, September 8th, but fans are encouraged to sign up to the waitlist to receive early information on ticket availability by city and can follow harrypotteryuleballcelebration.com or @harrypotteryuleballcelebration on Facebook and Instagram for more. Quantities will be limited.
Age requirement: 12 and above.
Artwork available here.
Warner Bros. Themed Entertainment (WBTE), part of Warner Bros. Global Brands and Experiences, is a worldwide leader in the creation, development and licensing of location-based entertainment, live events, exhibits and theme park experiences based on Warner Bros. iconic characters, stories, and brands. WBTE is home to the groundbreaking global locations of The Wizarding World of Harry Potter, Warner Bros. World Abu Dhabi, WB Movie World Australia, and countless other experiences inspired by DC, Looney Tunes, Scooby, Game of Thrones, Friends and more. With best-in-class partners, WBTE allows fans around the world to physically immerse themselves inside their favorite brands and franchises.
In the years since Harry Potter was whisked from King's Cross Station onto Platform nine and three quarters, his incredible adventures have left a unique and lasting mark on popular culture. Eight blockbuster Harry Potter films based on the original stories by J.K. Rowling have brought the magical stories to life and today, the Wizarding World is recognised as one of the world's best-loved brands.
Representing a vast interconnected universe, it also includes three epic Fantastic Beasts films, (the third releasing in 2022), Harry Potter and the Cursed Child – the multi-award-winning stage-play, state-of-the-art video and mobile games from Portkey Games, innovative consumer products, thrilling live entertainment (including four theme park lands) and insightful exhibitions.
This expanding portfolio of Warner Bros. owned Wizarding World experiences also includes Harry Potter New York – the flagship store, Warner Bros. Studio Tour London – The Making of Harry Potter, Warner Bros. Studio Tour Tokyo, and the Platform 9 3⁄4 retail shops. The Wizarding World continues to evolve to provide Harry Potter fans with fresh and exciting ways to engage. For the worldwide fan community, and for generations to come, it welcomes everyone in to explore and discover the magic for themselves.
WIZARDING WORLD and all related trademarks, characters, names, and indicia are © & ™ Warner Bros. Entertainment Inc.
Publishing Rights © JKR. (s22)
Fever is the leading global live-entertainment discovery platform, helping millions of people every week to discover the best experiences in their cities, with a mission to democratize access to culture and entertainment in real life. Through its platform, Fever inspires users to enjoy unique local experiences and events, from immersive exhibitions, interactive theatrical experiences, festivals, to molecular cocktail pop-ups, while empowering creators with data and technology to create and expand experiences across the world.
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SOURCE Fever | https://www.whsv.com/prnewswire/2022/09/01/harry-potter-yule-ball-celebration-make-its-worldwide-debut-this-fall-select-cities-including-houston/ | 2022-09-01T22:47:23Z |
- Honda and the Honda USA Foundation now accepting applications through October 31 for 2023-2024 funding awards
- Funding will be awarded to eligible nonprofit organizations and schools that align with Honda's five strategic pillars
- Funding awards will be announced in spring 2023
TORRANCE, Calif., and MARYSVILLE, Ohio, Sept. 1, 2022 /PRNewswire/ -- Honda and the Honda USA Foundation today announced the opening of its annual funding cycle for eligible nonprofit organizations and schools based on the company's long-standing commitment to give back to the communities where its associates live and work. Applications for funding will be accepted now through the deadline of October 31, 2022, with awards to be announced in spring 2023.
Honda and the Honda USA Foundation provide funding to national and local organizations that provide support to communities located near Honda operations and align with the company's five strategic CSR pillars of Education, Environment, Mobility, Traffic Safety and Community. Funding is available through both corporate and the company's Foundation.
Funding opportunities from Honda will be available in all five pillars, with a renewed focus on support for STEAM (Science, Technology, Engineering, Arts and Math) in the Education pillar.
Funding available through the Honda USA Foundation will continue to support three of those pillars: Environment, Mobility and Traffic Safety.
The funding cycle is part of a new approach to Honda CSR activities initiated in 2021, based on the five-pillar strategy to drive change within local communities. Through Honda and the Honda USA Foundation, the company has increased its philanthropic investment to better align with Honda being a company society wants to exist.
To learn more about funding opportunities and eligibility criteria, please visit: https://csr.honda.com/community/honda-giving/.
About Honda Corporate Social Responsibility and the Honda USA Foundation
For more than 60 years in the U.S., Honda has been committed to making positive contributions to the communities where its associates live and work. Honda's mission is to create products and services that help people fulfill their life's potential, while conducting business in a sustainable manner and fostering a diverse and inclusive workplace. Advancing its corporate social responsibility, Honda and the Honda USA Foundation support this direction through giving focused on education, the environment, mobility, traffic safety and community.
Learn more at http://csr.honda.com/.
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SOURCE Honda | https://www.whsv.com/prnewswire/2022/09/01/honda-honda-usa-foundations-annual-charitable-funding-cycle-launches-today/ | 2022-09-01T22:47:29Z |
Expands Environmental Capabilities to Support Large Infrastructure Projects
--Strengthens ICF's Presence in Important Texas Market--
FAIRFAX, Va., Sept. 1, 2022 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and digital services provider, today announced it has acquired Blanton & Associates, Inc., an environmental consulting, planning and project management firm headquartered in Austin, Texas, that supports a variety of infrastructure projects in key markets.
Blanton & Associates' team of more than 75 highly specialized and experienced staff bring proven domain expertise in environmental regulatory compliance and permitting in the transportation, renewable energy, water and resource management sectors. As one of the most trusted partners to Texas state and local agencies, Blanton & Associates strengthens ICF's presence in the state that is set to receive significant federal investment dollars under the recently enacted Bipartisan Infrastructure Law Spending Initiative.
Blanton & Associates has delivered environmental and scientific services to the Texas Department of Transportation throughout its entire 25-year history and is recognized for developing timely and cost-effective solutions across federal, state and local agencies and for their work on transportation, energy and water issues for utility and other commercial clients.
They also have extensive renewable energy experience, having supported over 500 solar and wind energy projects in over 30 states. Blanton & Associates has also been involved in the completion of more than half of all of Texas' wind energy projects by megawatt and almost 20 percent of all U.S. land-based wind capacity by megawatt. Their multi-disciplinary teams consist of biologists, wetland scientists, environmental planners, geologists, archaeologists, public involvement experts, GIS analysts and more.
"As one team, ICF and Blanton & Associates will offer industry-leading expertise in the transportation, energy and water sectors coupled with a deep understanding of environmental regulations to help state and local agencies quickly execute infrastructure projects, while protecting the environment and maintaining compliance," said John Wasson, ICF chair and chief executive officer. "Our strong cultural alignment is reflected in our mutual passion for protecting natural resources, promoting clean energy and building infrastructure resilience."
"Having partnered successfully on water and habitat conservation planning projects for many years, our companies know each other well," said Don Blanton, president of Blanton & Associates. "With a solid foundation of shared values and collaboration, combined with our strong track record of delivering positive outcomes for our clients, we are ready to hit the ground running as part of the ICF team."
Read more about ICF and Blanton & Associates.
ICF's corporate development team managed a proprietary exclusive process directly with Blanton & Associates.
About ICF
ICF (NASDAQ:ICFI) is a global consulting services company with approximately 8,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.
Caution Concerning Forward-looking Statements
Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about Blanton & Associates' revenue and post-acquisition revenue rate, the expected closing date, our expectations regarding future opportunities for synergies, our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses, including the Blanton & Associates business. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.
Investor information contact:
Lynn Morgen, AdvisIRy Partners, lynn.morgen@advisiry.com, +1.212.750.5800
or
David Gold, AdvisIRy Partners, david.gold@advisiry.com, +1.212.750.5800
Company information contact:
Lauren Dyke, ICF, lauren.dyke@icf.com, +1.571.373.5577
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SOURCE ICF | https://www.whsv.com/prnewswire/2022/09/01/icf-acquires-blanton-amp-associates/ | 2022-09-01T22:47:36Z |
BOSTON and ATLANTA, Sept. 1, 2022 /PRNewswire/ -- Inhibikase Therapeutics, Inc. (NASDAQ: IKT) (Inhibikase), a clinical-stage pharmaceutical company developing therapeutics to modify the course of Parkinson's disease and related disorders as well as other diseases arising from protein kinases, today announced the appointment of Ms. Gisele Dion to its Board of Directors, effective September 1, 2022. Ms. Dion will serve as chair of the Audit Committee and a member of the Compensation Committee following the retirement of Ms. Elizabeth O'Farrell from the Company's Board of Directors, effective immediately.
"I am excited to have Gisele join the Board of Inhibikase. She brings a wealth of public company experience having led financial, accounting and M&A strategies across large pharma," commented Milton H. Werner, Ph.D., President and Chief Executive Officer. "We look forward to leveraging her expertise, which we believe complements our board, as we seek to improve the lives of patients suffering from devastating neurodegenerative and other Abl-kinase dependent diseases. In addition, on behalf of the entire Board of Directors, I want to thank Liz for her service and contributions to Inhibikase over the last three and a half years."
Ms. Dion is currently a member of the Board of Directors at Cytek Biosciences and most recently served as an Audit Advisor Group Member for the Pharmaceutical Research and Manufacturers of America (PhRMA). Previously, she served as the Senior Vice-President and Chief Accounting Officer at Takeda Pharmaceuticals where she advised the CFO and protected assets, including $30B+ in revenue. While at Takeda, Ms. Dion successfully led the company through SEC registration and guided change management initiatives. Prior to Takeda, she was the Chief Accounting Officer and Corporate Controller at Shire Pharmaceuticals, where she spearheaded M&A integrations, SEC adherence and GAAP compliance from 2016 to 2019, when it was acquired by Takeda. Earlier, Ms. Dion was Corporate Controller at Biogen. Ms. Dion holds a B.S. in Accounting and Management Information Systems from Fairfield University.
"It is a privilege to join the Inhibikase team as the Company continues to advance its novel therapeutics in the clinic, providing hope for patients with Parkinson's disease," remarked Ms. Dion. "I am excited about Inhibikase's approach that has the potential to alter the course of neurodegenerative diseases, such as Parkinson's. Moreover, I look forward to bringing my extensive financial and accounting expertise to the table, and look forward to helping guide the Company's success."
Inhibikase Therapeutics, Inc. (NASDAQ: IKT) is a clinical-stage pharmaceutical company developing therapeutics for Parkinson's disease and related disorders. Inhibikase's multi-therapeutic pipeline focuses on neurodegeneration and its lead program IkT-148009, an Abelson Tyrosine Kinase (c-Abl) inhibitor, targets the treatment of Parkinson's disease inside and outside the brain as well as other diseases that arise from Ableson Tyrosine Kinases. Its multi-therapeutic pipeline is pursuing Parkinson's-related disorders of the brain and GI tract, orphan indications related to Parkinson's disease such as Multiple System Atrophy, and drug delivery technologies for kinase inhibitors such as IkT-001Pro, a prodrug of the anticancer agent imatinib mesylate that the Company believes will provide a better patient experience with fewer on-dosing side-effects. The Company's RAMP™ medicinal chemistry program has identified a number of follow-on compounds to IkT-148009 to be potentially applied to other cognitive and motor function diseases of the brain. Inhibikase is headquartered in Atlanta, Georgia with offices in Boston, Massachusetts.
Investors and others should note that the Company announces material financial information to investors using its investor relations website, press releases, SEC filings and public conference calls and webcasts. The Company intends to also use Twitter, Facebook, LinkedIn and YouTube as a means of disclosing information about the Company, its services and other matters and for complying with its disclosure obligations under Regulation FD.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking terminology such as "believes," "expects," "may," "will," "should," "anticipates," "plans," or similar expressions or the negative of these terms and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on Inhibikase's current expectations and assumptions. Such statements are subject to certain risks and uncertainties, which could cause Inhibikase's actual results to differ materially from those anticipated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Inhibikase's filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2021, including under the caption "Risk Factors." Any forward-looking statement in this release speaks only as of the date of this release. Inhibikase undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
Contacts:
Company Contact:
Milton H. Werner, Ph.D.
President & CEO
678-392-3419
info@inhibikase.com
Investor Relations:
Alex Lobo
SternIR, Inc.
alex.lobo@sternir.com
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SOURCE Inhibikase Therapeutics, Inc. | https://www.whsv.com/prnewswire/2022/09/01/inhibikase-therapeutics-appoints-gisele-dion-board-directors/ | 2022-09-01T22:47:42Z |
Demand is increasing for data and analytics around the world
Providing global insurance solutions supported by unmatched datasets
DENVER, Sept. 1, 2022 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in 3D geospatial data and intelligence solutions, today announced Generali Romania is expanding its risk assessment capabilities by incorporating Intermap's Aquarius RMA ("Aquarius") flood risk solution into its core insurance processes.
Generali Romania leverages flood maps that are produced using Intermap's high-resolution digital terrain models, hydrology data and comprehensive information from the National Institute of Hydrology and Water Management of Romania. The flood hazard maps cover more than 90,000km along rivers. It includes boundaries for 20-year, 100-year and 500-year flood extents, as well as maps of maximum flood depth for each of the periods.
"Generali Romania is one of the leaders of the housing and corporate insurance segments and we are now able to optimize our flood risk evaluation resources through a pioneering collaboration in the Romanian market. This is an important step for making insurance coverage reflect the real-time flood risk as well as to help our clients through better risk counseling and prevention solutions," said Ales Tausche, Chief Insurance Officer, Generali Romania.
"With historic flooding from Pakistan to Mississippi, record wildfires from Greece to California, and catastrophic drought exacerbated by extreme heat waves around the world, climate resilience efforts are urgent," commented Patrick Blott, Intermap Chairman and CEO. "Intermap's global solutions leverage its unmatched, proprietary datasets, global consistency and precision, and speed delivering high-resolution, rapid updates anywhere in the world. These unique capabilities enable insurers across multiple regions to understand and underwrite peril risk anywhere on Earth."
Intermap's Aquarius solution is a cloud-based flood risk assessment software that greatly simplifies the access to critical datasets and advanced tools and is customizable to meet different specific customer needs. The Company's software solution is composed of multiple analytics and geocoding capabilities, providing Generali Romania with a comprehensive picture of the possible flood risk in specific areas and estimated volume of claims and length of service interruption in affected areas. The datasets are continually updated to ensure customers have the latest information in the areas where they operate. This enables customers to optimize several areas of the insurance process, from primary underwriting, risk engineering, product methodology and development, to actuarial science, claims and reinsurance.
For more information, visit www.intermap.com/european-solutions.
Intermap Reader Advisory
Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast", "will be", "will consider", "intends" and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap's forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap's Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
About Intermap Technologies
Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQX: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap's 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world's largest collection of multi-sensor global elevation data, the Company's collection and processing capabilities provide multi-source 3D datasets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap's products and solutions include defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation.
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SOURCE Intermap Technologies Corporation | https://www.whsv.com/prnewswire/2022/09/01/intermap-partners-with-generali-romania-advanced-flood-risk-assessment-solution/ | 2022-09-01T22:47:49Z |
CHICAGO, Sept. 1, 2022 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has completed the previously announced acquisition of Bevcorp.
"We are excited to announce that we completed the acquisition of Bevcorp," said Brian Deck, President and Chief Executive Officer. "The acquisition of Bevcorp expands JBT's capabilities in the carbonated beverage processing and packaging market, and it brings a highly resilient business model with more than 60 percent recurring revenue along with a best-in-class service culture. The unique combination of Bevcorp and JBT allows for meaningful cross selling and future growth opportunities in both food and beverage."
Bevcorp Overview
Bevcorp is a leading provider of equipment and aftermarket support for the beverage processing and packaging market in the United States. The business provides core technology solutions in blending, handling, filling, and closing to a range of diverse customers, including blue chip companies. Bevcorp's product offerings are used in high-value segments of the beverage market, including carbonated soft drinks, seltzers, carbonated water, energy drinks, and ready-to-drink alcoholic blends. Additionally, the business' unique process know-how and service culture provide a resilient mix of rebuilds, aftermarket parts, and services.
"By integrating Bevcorp into the JBT family of brands and leveraging our global sales and service network, we can expand Bevcorp's growth opportunities beyond the United States," added Deck. "Additionally, JBT's existing strength in non-carbonated beverage and food processing creates cross selling synergies with Bevcorp."
JBT acquired Bevcorp for an enterprise value of $290 million, subject to customary post-closing adjustments. The transaction was treated as a purchase of assets, which provides a meaningful tax step-up benefit with a net present value of approximately $35 million.
Bevcorp Guidance
The table below reflects guidance specific to Bevcorp and is relative to the Company's prior guidance. 2022 Bevcorp adjusted EBITDA margin and adjusted earnings per share exclude the estimated impact of transaction costs, inventory step-up, and non-recurring integration costs. These costs are expected to be approximately $9 million. Bevcorp is not expected to have a meaningful impact on the Company's adjusted earnings per share in 2022.
JBT Net Leverage Ratio
JBT utilized its existing credit facility to fund the purchase price of Bevcorp. The Company's third quarter 2022 net leverage ratio is expected to temporarily exceed its target of 2.0 – 3.0x, and JBT expects that its net leverage ratio will be below 3.0x by year end 2022.
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry with focus on proteins, liquid foods and automated system solutions. JBT designs, produces and services sophisticated products and systems for multi-national and regional customers through its FoodTech segment. JBT also sells critical equipment and services to domestic and international air transportation customers through its AeroTech segment. JBT Corporation employs approximately 7,000 people worldwide and operates sales, service, manufacturing and sourcing operations in more than 25 countries. For more information, please visit www.jbtc.com.
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond JBT's ability to control. Forward-looking statements include, among others, statements relating to the expected impact of the COVID-19 pandemic on our business and our results of operations, our plans to mitigate the impact of the pandemic, our strategic plans, our restructuring plans and expected cost savings from those plans, our liquidity and our covenant compliance. The factors that could cause our actual results to differ materially from expectations include but are not limited to the following factors: the duration of the COVID-19 pandemic and the effects of the pandemic on our ability to operate our business and facilities, on our customers, on our workforce resulting in higher labor absenteeism, on our supply chains due to extended delivery times and unavailability of required components and freight, on our cost of labor due to higher labor turnover and shortage of skilled labor and on the economy generally; fluctuations in our financial results; unanticipated delays or acceleration in our sales cycles; deterioration of economic conditions; disruptions in the political, regulatory, economic and social conditions of the countries in which we conduct business; changes to trade regulation, quotas, duties or tariffs; risks associated with acquisitions or strategic investments; fluctuations in currency exchange rates; increases in energy or raw material prices, freight costs, and inflationary pressures; changes in food consumption patterns; impacts of pandemic illnesses, food borne illnesses and diseases to various agricultural products; weather conditions and natural disasters; impact of climate change and environmental protection initiatives; our ability to comply with the laws and regulations governing our U.S. government contracts; acts of terrorism or war, including the recent conflict between Russia and Ukraine; termination or loss of major customer contracts and risks associated with fixed-price contracts, particularly during periods of high inflation; customer sourcing initiatives; competition and innovation in our industries; difficulty in implementing our business strategies, including the timing of our previously announced review of strategic alternatives for the AeroTech platform, our ability to identify or develop any strategic alternatives, execute on material aspects of such strategic alternatives, and whether we can achieve the potential benefits of such strategic alternatives. our ability to develop and introduce new or enhanced products and services and keep pace with technological developments; difficulty in developing, preserving and protecting our intellectual property or defending claims of infringement; catastrophic loss at any of our facilities and business continuity of our information systems; cyber-security risks such as network intrusion or ransomware schemes; loss of key management and other personnel; potential liability arising out of the installation or use of our systems; our ability to comply with U.S. and international laws governing our operations and industries; increases in tax liabilities; work stoppages; fluctuations in interest rates and returns on pension assets; availability of and access to financial and other resources; and other factors described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's most recent Annual Report on Form 10-K filed by JBT with the Securities and Exchange Commission and in any subsequently filed Form 10-Q. In addition, many of our risks and uncertainties are currently amplified by and will continue to be amplified by the COVID-19 pandemic. Given the highly fluid nature of the COVID-19 pandemic, it is not possible to predict all such risks and uncertainties. JBT cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements. JBT undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments, subsequent events or changes in circumstances or otherwise.
Investors & Media: Kedric Meredith +1 312 861 6034
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SOURCE JBT Corporation | https://www.whsv.com/prnewswire/2022/09/01/jbt-corporation-completes-bevcorp-acquisition/ | 2022-09-01T22:47:56Z |
BOSTON, Sept. 1, 2022 /PRNewswire/ - The five John Hancock closed-end funds listed below declared their monthly distributions today as follows:
John Hancock Premium Dividend Fund
Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0975 per share. This amount will be paid monthly until further notice.
Distributions under the PDT Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.
The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions.
The Board may amend the terms of the PDT Plan or terminate the PDT Plan at any time.
John Hancock Tax-Advantaged Dividend Income Fund
Tax-Advantaged Dividend Income Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "HTD Plan"). Under the HTD Plan, the Fund makes monthly distributions of an amount equal to $0.1380 per share. This amount will be paid monthly until further notice.
Distributions under the HTD Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.
The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions.
The Board may amend the terms of the HTD Plan or terminate the HTD Plan at any time.
A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. Such notice will also be posted to the Funds' website at www.jhinvestments.com. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
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SOURCE John Hancock Investment Management | https://www.whsv.com/prnewswire/2022/09/01/john-hancock-closed-end-funds-declare-monthly-distributions/ | 2022-09-01T22:48:02Z |
BOSTON, Mass., Sept. 1, 2022 /PRNewswire/ - The five John Hancock closed-end funds listed below declared their quarterly distributions today as follows:
Hedged Equity & Income Fund (the "Fund") declared its quarterly distribution pursuant to the Fund's managed distribution plan (the "HEQ Plan"). Under the HEQ Plan, the Fund makes quarterly distributions in a fixed amount of $0.2900 per share, which will be paid quarterly until further notice. Distributions under the HEQ Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular quarterly distributions. The Board may amend the terms of the HEQ Plan or terminate the HEQ Plan at any time.
Financial Opportunities Fund (the "Fund") declared its quarterly distribution pursuant to the Fund's managed distribution plan (the "BTO Plan"). Under the BTO Plan, the Fund makes quarterly distributions in a fixed amount of $0.6500 per share, which will be paid quarterly until further notice.
Distributions under the BTO Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The BTO Plan intends to fund each distribution, to the extent possible, in a tax-advantaged manner through the realization of long-term capital gains where the distribution amount exceeds net investment income. The Fund will seek to realize capital gains for this purpose in a manner which the advisor and subadvisor believe is consistent with prudent portfolio management and the investment objective, policies and restrictions of the Fund.
The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular quarterly distributions. The Board may amend the terms of the BTO Plan or terminate the BTO Plan at any time.
A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be mailed to shareholders at the time of payment if it does not consist solely of net investment income. At this time, one or more of the Funds anticipates that the notice accompanying the current distribution will include an estimate of return of capital. Such notice will also be posted to the Funds' website at www.jhinvestments.com. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
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SOURCE John Hancock Investment Management | https://www.whsv.com/prnewswire/2022/09/01/john-hancock-closed-end-funds-declare-quarterly-distributions/ | 2022-09-01T22:48:09Z |
NEWTON, Mass., Sept. 1, 2022 /PRNewswire/ -- Karyopharm Therapeutics Inc. (Nasdaq: KPTI), a commercial-stage pharmaceutical company pioneering novel cancer therapies, today announced that the Company approved the grant of stock options to purchase an aggregate of 40,800 shares of Karyopharm's common stock and an aggregate of 28,000 restricted stock units (RSUs) to eight newly-hired employees.
Each of the stock options has an exercise price of $5.06 per share, the closing price of Karyopharm's common stock on August 31, 2022. Each stock option will vest over four years, with 25% of the total number of shares underlying the stock option vesting on the one-year anniversary of the applicable employee's employment commencement date and 1/48th of the total number of shares vesting monthly thereafter. Each RSU award will vest over four years, with 25% percent of the shares underlying the RSU award vesting on each of the four consecutive anniversaries of the applicable employee's employment commencement date.
In addition, the Compensation Committee of Karyopharm's Board of Directors granted 7,500 RSUs to Johanna Shulman, Vice President, Program Lead, with a grant date of August 31, 2022. This RSU award will vest as to 50% of the total number of RSUs granted to Ms. Shulman on each of the two consecutive anniversaries of Ms. Shulman's employment commencement date.
Each of these equity awards were granted pursuant to the Company's 2022 Inducement Stock Incentive Plan, as amended, as inducements material to the new employees entering into employment with Karyopharm in accordance with Nasdaq Listing Rule 5635(c)(4). The vesting of each inducement award is subject to the employee's continued service as an employee of, or other service provider to, Karyopharm through the applicable vesting dates. In addition, each stock option and RSU award will be immediately exercisable in full if, on or prior to the first anniversary of the consummation of a "change in control event," the employee's employment is terminated for "good reason" by the employee or terminated without "cause" by Karyopharm (as such terms are defined in the applicable stock option or RSU agreement).
Karyopharm Therapeutics Inc. (Nasdaq: KPTI) is a commercial-stage pharmaceutical company pioneering novel cancer therapies. Since its founding, Karyopharm has been the industry leader in oral Selective Inhibitor of Nuclear Export (SINE) compound technology, which was developed to address a fundamental mechanism of oncogenesis: nuclear export dysregulation. Karyopharm's lead SINE compound and first-in-class, oral exportin 1 (XPO1) inhibitor, XPOVIO® (selinexor), is approved in the U.S. and marketed by the Company in three oncology indications and has received regulatory approvals in various indications in a growing number of ex-U.S. territories and countries, including Europe and the United Kingdom (as NEXPOVIO®) and China, Singapore, Canada, Israel, South Korea and Australia. Karyopharm has a focused pipeline targeting multiple high unmet need cancer indications, including in multiple myeloma, endometrial cancer, myelodysplastic syndromes and myelofibrosis. For more information about our people, science and pipeline, please visit www.karyopharm.com, and follow us on Twitter at @Karyopharm and LinkedIn.
XPOVIO® and NEXPOVIO® are registered trademarks of Karyopharm Therapeutics Inc.
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SOURCE Karyopharm Therapeutics Inc. | https://www.whsv.com/prnewswire/2022/09/01/karyopharm-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4/ | 2022-09-01T22:48:16Z |
ENGLEWOOD, Colo., Sept. 1, 2022 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, today announced that management will present at the H.C. Wainwright 24th Annual Global Investment Conference as well as the LD Micro Main Event XV.
Lightwave Logic CEO Dr. Michael Lebby and President Jim Marcelli are scheduled to host a webcasted presentation at the LD Micro Main Event XV as follows and will participate in one-on-one investor meetings throughout the day at each event.
H.C. Wainwright 24th Annual Global Investment Conference
Date: Tuesday, September 13, 2022
Location: Lotte Hotel – New York, New York
LD Micro Main Event XV
Date: Tuesday, October 25, 2022
Time: 10:30 a.m. Pacific time – Track 5
Location: Luxe Sunset Boulevard Hotel – Los Angeles, California
Presentation Webcast: https://me22.mysequire.com/
A live audio webcast and archive of the LD Micro presentation will be available using the link to the conference website above. For more information or to schedule a meeting at either conference, please contact MZ Group at LWLG@mzgroup.us.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power. The Company's high-activity and high-stability organic polymers allow Lightwave Logic to create next-generation photonic EO devices, which convert data from electrical signals into optical signals, for applications in data communications and telecommunications markets. For more information, please visit the Company's website at lightwavelogic.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K and Form 10-Q; other risks to which our Company is subject; other factors beyond the Company's control.
Investor Relations Contact:
Lucas A. Zimmerman
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
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SOURCE Lightwave Logic, Inc. | https://www.whsv.com/prnewswire/2022/09/01/lightwave-logic-participate-upcoming-investor-conferences/ | 2022-09-01T22:48:23Z |
LAVAL, QC and CAMBRIDGE, England, Sept. 1, 2022 /PRNewswire/ - Liminal BioSciences Inc. (Nasdaq: LMNL) ("Liminal BioSciences" or the "Company") announced today that it received confirmation from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") that the Company's application to transfer its common shares from The Nasdaq Global Market to The Nasdaq Capital Market, as allowed under Listing Rule 5810(c)(3)(A), had been approved.
The Company's common shares will begin trading on The Nasdaq Capital Market effective at the start of trading on September 6, 2022. The Company's shares will continue to trade on Nasdaq under the symbol "LMNL". The Nasdaq Capital Market operates in substantially the same manner as the Nasdaq Global Market, and companies on the Nasdaq Capital Market must meet certain financial and corporate governance requirements to qualify for continued listing.
As previously disclosed on March 4, 2022, the Company had received a written notice from the Listing Qualifications Department of Nasdaq indicating that the Company was not in compliance with the minimum bid price requirement of US$1.00 per share under the Nasdaq Listing Rules and had been granted a 180-day compliance period to comply with the minimum bid price requirement.
In connection with the transfer to the Nasdaq Capital Market, Nasdaq granted the Company a second period of 180 calendar days, or until February 27, 2023, to regain compliance with the minimum bid price requirement for continued listing by achieving a closing bid price on Nasdaq of at least $1.00 per share for a minimum of ten consecutive trading days.
Nasdaq's decision to approve the Company's application to transfer to The Nasdaq Capital Market was based on the Company meeting the listing requirements of The Nasdaq Capital Market with the exception of the minimum bid requirement. The Company provided Nasdaq with its written intent to cure the minimum bid price deficiency during the additional compliance period by implementing a reverse stock split, if necessary, prior to the expiration of the second compliance period.
The Company intends to continue to actively monitor its compliance with the minimum closing bid price requirement and, evaluate available options to regain compliance.
Liminal BioSciences is a development stage biopharmaceutical company focused on discovering and developing distinctive novel small molecule therapeutics for inflammatory, fibrotic, and metabolic diseases using our drug discovery platform with a data driven approach. The Company is currently developing GPR84 antagonists and OXER1 antagonists. In addition to these programs, the Company continues to explore other development opportunities to add to its pipeline.
Liminal BioSciences has active business operations in Canada and the United Kingdom.
Forward Looking Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words "anticipate," "expect," "suggest," "plan," "believe," "intend," "estimate," "target," "project," "should," "could," "would," "may," "will," "forecast" and other similar expressions are intended to identify forward-looking statements. These statements include those related to Liminal BioSciences' objectives, strategies and businesses that involve risks and uncertainties. Forward‐looking information includes statements concerning, among other things: the Company's ability to regain compliance with the Nasdaq listing requirements, streamline its business, divest its non-core assets, advancement of Liminal Biosciences' product candidates, the outcome of anticipated clinical trials; the analysis of our clinical trial data; the potential development of Liminal Biosciences' R&D programs; the properties of our drug candidates; the timing of initiation or nature of preclinical and clinical trials and potential therapeutic areas.
These statements are "forward-looking" because they are based on our current expectations about the markets we operate in and on various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. Among the factors that could cause actual results to differ materially from those described or projected herein include, but are not limited to, risks associated with: the Company's ability to develop, manufacture, and successfully commercialize product candidates, if ever; the impact of the COVID-19 pandemic on the Company's workforce, business operations, clinical development, regulatory activities and financial and other corporate impacts; the availability of funds and resources to pursue R&D projects, manufacturing operations or commercialization activities; the successful and timely initiation or completion of clinical trials; the ability to take advantage of financing opportunities or business opportunities in the pharmaceutical industry; the Company's ability to resolve the Nasdaq listing deficiency and regain compliance with the Nasdaq Listing Rules; uncertainties associated generally with research and development, clinical trials and related regulatory reviews and approvals; and general changes in economic conditions. You will find a more detailed assessment of these risks, uncertainties and other risks that could cause actual events or results to materially differ from our current expectations in the filings and reports the Company makes with the U.S. Securities and Exchange Commission and Canadian Securities Administrators, including in the Annual Report on Form 20-F for the year ended December 31, 2021, as well as other filings and reports Liminal Biosciences' may make from time to time. Such risks may be amplified by the ongoing COVID-19 pandemic and any related impacts on Liminal BioSciences' business and the global economy. As a result, we cannot guarantee that any given forward-looking statement will materialize. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements and estimates, which speak only as of the date hereof. We assume no obligation to update any forward-looking statement contained in this press release even if new information becomes available, as a result of future events or for any other reason, unless required by applicable securities laws and regulations.
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SOURCE Liminal BioSciences Inc. | https://www.whsv.com/prnewswire/2022/09/01/liminal-biosciences-announces-listing-transfer-nasdaq-capital-market/ | 2022-09-01T22:48:29Z |
MOORESVILLE, N.C., Sept. 1, 2022 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison, chairman and chief executive officer, will participate in a fireside chat at the Goldman Sachs 29th Annual Global Retailing Conference.
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 19 million customer transactions a week in the United States and Canada. With fiscal year 2021 sales of over $96 billion, Lowe's and its related businesses operate or service nearly 2,200 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.
LOW-IR
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SOURCE Lowe's Companies, Inc. | https://www.whsv.com/prnewswire/2022/09/01/lowes-participate-goldman-sachs-29th-annual-global-retailing-conference/ | 2022-09-01T22:48:36Z |
Elite trial firm also honored in Texas Lawyer magazine's 'Best of' Hall of Fame
DALLAS, Sept. 1, 2022 /PRNewswire/ -- The trial firm of Lyons & Simmons, LLP, has been selected by readers of Texas Lawyer magazine as the top personal injury law firm in Dallas for 2022.
Launched in 2010 to identify the top industry support companies in Dallas, Houston, and Austin, the personal injury designation was added to the publication's "Best of" survey in 2020, with Lyons & Simmons taking top honors. Recognized among the top three PI firms in each of the past three years, the firm also has earned a place in the Texas Lawyer "Best of" Hall of Fame.
With a focus on large, complex personal injury and wrongful death cases, the trial firm's founders, Michael Lyons and Christopher Simmons, are devoted to representing those whose lives have been torn apart by the actions of others.
"It is no secret that hard work will always make a difference in anything that you do," says Lyons. "We feel like no one is going to outwork us on our cases. Thinking about the endgame from the outset and preparing from start to finish takes time and resources, but it's the best way to win."
That relentless approach has earned Lyons & Simmons a reputation for big results in important cases, even when facing long odds. In 2021, the firm earned the John Howie Award from the Dallas Trial Lawyers Association for "the courageous pursuit of justice in the face of adversity" after a record-setting wrongful death verdict in Midland County, Texas.
Lyons and Simmons also currently serve on the Plaintiffs' Executive Committee of the multi
district litigation involving the
Astroworld Festival tragedy. The firm also represents the family of one of the 10 concertgoers killed in the crowd crush.
"We take our clients' problems on as we would if they were our problems, and we're not going to stop until we find a way to right what wrong they have experienced," says Simmons. "We are consumed not only with what needs to be done to help our clients move on with their lives, but also how to prevent these tragedies from ever happening to someone else. That approach resonates with our clients, and we will never take their trust for granted."
Full results of the "Best of 2022" survey are published in the September/October issue of Texas Lawyer and can be found online at https://www.law.com/texaslawyer/best-of/.
Dallas-based Lyons & Simmons, LLP is a trial boutique representing clients in wrongful death, personal injury, products liability, and complex "bet-the-company" business litigation matters across the country. To learn more, visit http://www.Lyons-Simmons.com.
Media Contact:
Rhonda Reddick
800-559-4534
rhonda@androvett.com
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SOURCE Lyons & Simmons | https://www.whsv.com/prnewswire/2022/09/01/lyons-amp-simmons-selected-dallas-top-personal-injury-firm-for-2022/ | 2022-09-01T22:48:43Z |
GERMANTOWN, Tenn., Sept. 1, 2022 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced a full quarterly dividend of $1.0625 per outstanding share of its 8.50% Series I Cumulative Redeemable Preferred Stock. The dividend is payable on September 30, 2022, to shareholders of record on September 15, 2022.
About MAA
MAA is a self-administered real estate investment trust (REIT) and member of the S&P 500. MAA owns or has ownership interest in apartment communities primarily throughout the Southeast, Southwest and Mid-Atlantic regions of the U.S. focused on delivering strong, full-cycle investment performance. For further details, please refer to the "For Investors" page at www.maac.com or contact Investor Relations at investor.relations@maac.com.
Forward-Looking Statements
Certain matters in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended with respect to our expectations for future periods. Such statements include statements made about the payment of preferred dividends. The ability to meet the payment of preferred dividends in or contemplated by the forward-looking statements could differ materially from the projection due to a number of factors, including a downturn in general economic conditions or the capital markets, changes in interest rates and other items that are difficult to control such as increases in real estate taxes in many of our markets, as well as the other general risks inherent in the apartment and real estate businesses. Reference is hereby made to the filings of Mid-America Apartment Communities, Inc. with the Securities and Exchange Commission, including quarterly reports on Form 10-Q, reports on Form 8-K, and its annual report on Form 10-K, particularly including the risk factors contained in the latter filing.
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SOURCE MAA | https://www.whsv.com/prnewswire/2022/09/01/maa-announces-regular-quarterly-preferred-dividend/ | 2022-09-01T22:48:49Z |
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that it will present at three upcoming conferences: the Citi 2022 Global Technology Conference in New York, NY, the Goldman Sachs Communacopia + Technology Conference in San Francisco, CA, and the Piper Sandler Growth Frontiers Conference in Nashville, TN.
- Chief Operating Officer and Chief Financial Officer, Michael Gordon, and Senior Vice President of Finance, Serge Tanjga, will present at the Citi Conference on Thursday, September 8, 2022 at 1:45 PM Eastern Time.
- President and Chief Executive Officer, Dev Ittycheria, and Mr. Gordon, will present at the Goldman Sachs Conference on Monday, September 12, 2022 at 3:45 PM Pacific Time (6:45 PM Eastern Time).
- Mr. Gordon and Mr. Tanjga will present at the Piper Sandler Conference on Tuesday, September 13, 2022 at 3:00 PM Central Time (4:00 PM Eastern Time).
A live webcast of each presentation will be available on the Events page of the MongoDB investor relations website at https://investors.mongodb.com/events. A replay of the webcasts will also be available for a limited time.
About MongoDB
MongoDB is the developer data platform company empowering innovators to create, transform, and disrupt industries by unleashing the power of software and data. Headquartered in New York, MongoDB has more than 37,000 customers in over 100 countries. The MongoDB database platform has been downloaded over 300 million times and there have been more than 1.5 million registrations for MongoDB University courses.
Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com
Media Relations
Matt Trocchio
MongoDB
communications@mongodb.com
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SOURCE MongoDB, Inc. | https://www.whsv.com/prnewswire/2022/09/01/mongodb-inc-present-citi-2022-global-technology-conference-goldman-sachs-communacopia-technology-conference-piper-sandler-growth-frontiers-conference/ | 2022-09-01T22:48:56Z |
Learn What Can be Done to Improve Job Quality and Economic Mobility
SAN FRANCISCO, Sept. 1, 2022 /PRNewswire/ --
BACKGROUND:
The majority of Americans are introduced to the workforce through frontline jobs—whether waiting tables, stocking store shelves or folding clothes. Roughly 112 million Americans are frontline employees, and more than 70% of Black and Hispanic Americans in the U.S. are considered frontline workers. Lack of advancement opportunity and sub quality experience on the frontline is hindering the American dream, and research shows that corporate DEI efforts in recent years drastically overlook the largest and most diverse part of the workforce: the frontline employees who face challenges related to opportunity, advancement, and experience. This latest research from McKinsey & Company highlights the outsized impact companies can have on job quality and economic mobility for employees of color by extending DEI efforts to frontline workers.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9073051-mckinsey-and-company-survey-details-challenges-of-frontline-workers-of-color/
DID YOU KNOW?
- Frontline hourly workers are nearly 20% less likely than corporate employees to believe that DEI policies are effective.
- 50% of frontline workers in this group make less than $30k a year
- 3 of 4 frontline workers want to be promoted but less than 1 in 4 achieves it
- Over a lifetime, only 30% of all frontline workers move to a higher income quintile
- On average, Black and Latino frontline workers make 20 percent less than White frontline workers.
- Black and Hispanic frontline workers report the lowest levels of sponsorship—nearly six in ten have no sponsor at all
Now is an important time for companies to reevaluate their relationships with employees on the frontline and ensure that investing in them is an integral part of their overall strategy. On August 29th, Lareina Yee and Monne Williams, partners at McKinsey and Company, discussed the experiences of frontline workers of color, the pathways from the front line to the middle class and what companies could do to improve job quality and better support workers' development.
For more information please visit: www.mckinsey.com
MORE ABOUT LAREINA YEE
Lareina is a senior partner and helps lead McKinsey's work with technology disruptors. An expert on digital sales transformations, sales excellence, go-to-market strategies, and culture change, Lareina brings 20 years of experience to companies across the value chain. She previously served as McKinsey's first chief diversity and inclusion officer. Lareina frequently speaks about women in business, including, most recently, Aspen Ideas Festival, Women Deliver, and a collaboration between McKinsey and The Wall Street Journal on a report titled, "Women in the workplace." She writes and speaks widely on diversity and inclusion topics including appearances in Fortune, The Wall Street Journal, Fast Company, CBS News, Yahoo Finance, Bloomberg, Fox Business, and many other outlets. Additionally, Lareina was chosen Working Mother of the Year in 2016 by Working Mother magazine.
MORE ABOUT MONNE WILLIAMS
Monne is a part of the leadership team for McKinsey Academy, our center of excellence for capability building. She recently developed and codified a suite of enterprise-wide behavior change programs for Ability to Execute, a cutting-edge platform within McKinsey Academy designed to build individual capabilities to drive and sustain transformational change at scale. Since joining McKinsey, Monne has advised companies across multiple sectors looking to make step changes in performance. She works with clients to apply culture, change management, executive team development, and capability building as levers to expand and sustain their performance gains. In her consulting work, Monne has led more than ten transformations across industries and geographies. Monne serves as faculty for the Change Leaders Forum and several McKinsey Academy programs, and drives some of the firm's diversity, equity, and inclusion initiatives.
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SOURCE McKinsey & Company | https://www.whsv.com/prnewswire/2022/09/01/new-survey-details-challenges-frontline-workers-color/ | 2022-09-01T22:49:03Z |
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