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SHREVEPORT, La., Sept. 8, 2022 /PRNewswire/ -- Entrepreneurial Accelerator Program (EAP) portfolio company Oleolive, Inc. has been awarded a Small Business Technology Transfer (STTR) Phase 1 $400,000 research grant from the National Cancer Institute for "Chemosensitization of Glioblastoma by Propentofylline." Drs. Nhan Tran and Joseph Loftus, investigators at Mayo Clinic and experts in Glioblastoma Multiforme (GBM), collaborated with Oleolive on the proposal.
Propentofylline (PPF) was originally tested in multiple clinical trials for Alzheimer's disease but, although shown to be safe and effective, was not brought to the commercial market. PPF is considered a repurposed drug, defined as a drug developed for one indication and repositioned to treat another, in this case GBM. Repurposed drugs require less money and time for development and overall costs much less compared to research and development of new drugs.
GBM is a brain cancer with no effective therapeutics that claims the lives of over 15,000 Americans each year. GBM has poor clinical outcomes due to therapy-resistant tumor cells leading to recurrence; therefore, therapeutic strategies that enhance tumor cell chemosensitivity are essential for improved patient outcomes. This project will evaluate if PPF increases sensitization of GBM tumor cells to chemotherapy. This research could lead to a therapeutic strategy to extend survival for GBM patients beyond the current average of 1.25 years.
Oleolive, Inc. is a preclinical private biotechnology company founded in 2017, located in Shreveport, Louisiana. The company is developing therapeutics to treat a variety of human indications, including brain cancer, Alzheimer's disease, fibrosis, and traumatic blood loss in austere environments. The company has received more than $5M in STTRs and small business innovation research (SBIR) grant awards from multiple funding sources including the National Institute on Aging, the National Cancer Institute, the National Heart, Lung, and Blood Institute and the Department of Defense. Oleolive also manufactures the dietary ingredient Oligen which contains compounds from Extra Virgin Olive Oil that promote healthy aging.
To learn more about Oleolive, Inc. please visit our website www.oleo.live, or contact kiley@oleo.live with inquiries.
Research reported in this publication was supported by the National Cancer Institute of the National Institutes of Health under Award Number R41CA268286. The content is solely the responsibility of the authors and does not necessarily represent the official views of the National Institutes of Health.
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SOURCE Entrepreneurial Accelerator Program | https://www.whsv.com/prnewswire/2022/09/08/entrepreneurial-accelerator-program-eap-portfolio-company-receives-400000-research-grant-national-cancer-institute-study-repurposed-drug-treatment-glioblastoma/ | 2022-09-08T20:00:27Z |
NORTH KINGSTOWN, R.I., Sept. 8, 2022 /PRNewswire/ -- Falvey Insurance Group is proud to introduce Falvey Insurance Group Wholesale – a brokerage division offering complementary solutions to Falvey's marine and logistics products, plus access to London markets.
Led by recent hire, Greg Liewald, senior vice president, and supported by Sean Ryozaki, wholesale producer, Falvey Insurance Group Wholesale is the first-ever formal endeavor into wholesale for the Group, and customers can expect the same service excellence Falvey is known for.
"Adding Greg and Sean's expertise in the wholesale brokerage space to Falvey Insurance Group builds upon our unending commitment to service our retail brokers and policyholders. Our wholesale division will match unique market access for difficult to place risks with dependable, high-quality underwriting facilities. This product expertise and market access will support our specialized industry vertical approach and complement the many binding facilities currently housed within our organization," says Mike McKenna, chief underwriting officer at Falvey Insurance Group.
For more information on Falvey Insurance Group Wholesale or for any submissions, please contact wholesale@falveyinsurancegroup.com or visit falveyinsurancegroup.com/wholesale.
Falvey Insurance Group began as a single division, opening its first office in 1995 in Wakefield, RI by the company's founder: Mike Falvey. 25+ years later, the company has evolved into Falvey Insurance Group, comprising four divisions: Falvey Cargo Underwriting, Falvey Shippers Insurance, Safe Harbor Pollution Insurance, and Falvey Insurance Group Wholesale. "The Specialized Insurance Experts" are known for World-Class customer service, claims processing excellence, industry-leading technology, and comprehensive knowledge and expertise that is unparalleled in the insurance industry.
Media Contact:
Megan Bell
(401) 214-5600
mbell@falveyinsurancegroup.com
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SOURCE Falvey Insurance Group | https://www.whsv.com/prnewswire/2022/09/08/falvey-insurance-group-introduces-wholesale-division/ | 2022-09-08T20:00:34Z |
Photography News: FUJIFILM has released the new FUJIFILM X-H2 mirrorless APS-C sensor digital interchangeable lens camera, the FUJIFILM GF 20-35mm f/4 R WR medium format lens for the GFX System, and the FUJIFILM XF 56mm f/1.2 R WR lens for the X-System.
NEW YORK, Sept. 8, 2022 /PRNewswire/ --B&H is excited to announce the FUJIFILM X-H2 mirrorless APS-C sensor digital interchangeable-lens camera, the FUJIFILM GF 20-35mm f/4 R WR medium format lens for the GFX System, and the FUJIFILM XF 56mm f/1.2 R WR lens for the X-System.
The latest FUJIFILM X camera—the X-H2 pushes the envelope and takes the baton from where the very-capable X-H2S handed it off—packing the world's first 40MP APS-C sensor, 8K video, and a first-for-FUJIFILM X sensor shift mode for 160MP images into its modern X-series body.
FUJIFILM XH2 Mirrorless Camera
Key Features
- 40MP APS-C X-Trans5 BSI Sensor
- 7-Stop In-Body Image Stabilization
- 8K 30p, 4K 60p, FHD 240p 10-Bit Video
- 5.76m-Dot OLED Electronic Viewfinder
- 160MP Pixel Shift Multi-Shot
- 20 fps E-Shutter, 15 fps Mech. Shutter
- CFexpress Type B & SD UHS-II Card Slots
- ProRes Raw, Blackmagic Raw via HDMI
- Intelligent Hybrid Autofocus
Like its FUJIFILM X-H2S stablemate, the X-H2 comes with a new X-Trans CMOS 5 HR sensor—but with resolution jumping from 26MP to 40MP. The sensor shift mode—Pixel Shift Multi-Shot for FUJIFILM—has been around a few cameras already but makes its way to FUJIFILM X cameras here, allowing production of huge 160MP files. Speaking of sensor movement, the X-H2 and X-H2S boast incredible 7-stop internal image stabilization (IBIS). Like the XH-1 before it, FUJIFILM X-H cameras have robust video specs, with the X-H2 bringing the ability to record 8K/30P video for 240 minutes with 10-bit 4:2:2 ProRes footage recorded internally via CF Express Type B cards or 12-bit raw footage recorded via the Type A HDMI socket to external recorders. Rounding out these eye-watering specs is a continuous shooting speed of up to 15fps with a mechanical shutter that tops out at 1/8000-second and an electronic shutter that allows up to 20 fps and a blistering 1/180,000-second.
The new XF 56mm f/1.2 R WR lens succeeds its popular predecessor in many important ways that will appeal to professionals and enthusiasts alike. With a 35mm equivalent focal length of 85mm (a traditional portrait focal length), the new WR designation on this 56mm lens indicates that this lens has been sealed against weather and dust. A fluorine-coated front element repels water and fingerprints. The new 13-element/8-group optical design incorporates two aspherical elements and a single ED element to minimize chromatic aberrations and coma. The eight elements in the focus group feature high-refractive technology previously found in legendary FUJINON cinema lenses. With an f/1.2 maximum aperture, bokeh quality is of chief importance. To ensure beautiful, clean edge rendering of out-of-focus highlights, this XF 56mm is the first FUJIFILM X-mount lens to receive an 11-blade aperture diaphragm—creating an almost perfectly circular aperture at even f/4 or f/5.6. Minimum focus distance has been shorted to 19.7"—giving the ability capture even more intimate portraits.
Key Features
- FUJIFILM G Mount
- 16-28mm (35mm Equivalent)
- Aperture Range: f/4 to f/22
- Three Aspherical Elements
- 14 Elements in 10 Groups
- Internal Focusing
- Fluorine-Coated Front Element
- Dust- and Weather-Sealed Construction
The new ultra-wide-angle GF 20-35mm f/4 R WR is a lens for the medium format FUJIFILM GFX system. This compact lens (no larger than a full-frame camera lens) is the GFX System's widest-ever optic (prime or zoom) with a full-frame equivalent field of view of 16-28mm and a constant f/4 maximum aperture. Like the other lenses in the GFX System, this new zoom lens is designed to provide spectacular results for landscape, architecture, and travelling photographers looking to capture expansive scenes. Optically, the Fuji GF 20-35mm f/4 R WR lens features 14 elements in 10 groups and includes 3 aspherical, 1 ED aspherical, and 3 ED elements to keep the view free of distortion and aberrations. The lens wears FUJIFILM's Nano GI coating for precise reduction of unwanted flare and ghosting. The lens's stepping autofocus motor is nearly silent and is the lens is designed to minimize focus breathing. Minimum focus distance is 13.8".
Learn More about Fuji XH2 Camera and lenses at B&H Explora
Fuji XH2 Camera First Look
https://youtu.be/So20MBqvFgg
FujiFilm GF 20-35mm f/4 R Lens First Look
https://youtu.be/tTcFZsTUlsU
About B&H Photo Video
As the world's largest source of photography, video, and audio equipment, as well as computers, drones, and home and portable entertainment, B&H is known worldwide for its attentive, knowledgeable sales force and excellent customer service, including fast, reliable shipping. B&H has been satisfying customers worldwide for over 48 years.
Visitors to the website can access a variety of educational videos and enlightening articles. The B&H YouTube Channel has an unmatched wealth of educational content. Our entertaining and informative videos feature product overviews from our in-house specialists. You can view the B&H Event Space presentations from many of the world's foremost experts and interviews with some of technology's most dynamic personalities. Tap into this exciting resource by subscribing to the B&H YouTube Channel here. In addition to videos, the B&H Explora blog presents new product announcements, gear reviews, helpful guides, and tech news written by product experts and industry professionals, as well as our award-winning podcasts.
Contact Information
Henry Posner
B&H Photo Video
212-615-8820
https://www.bhphotovideo.com/
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SOURCE B&H Photo | https://www.whsv.com/prnewswire/2022/09/08/fujifilm-x-h2-new-high-resolution-mirrorless-camera-with-xf-gfx-lenses-more-info-bamph/ | 2022-09-08T20:00:40Z |
Collaboration reduces environmental impacts and improves product performance across apparel, furniture and automotive markets
ACTON, Mass., Sept. 8, 2022 /PRNewswire/ -- The Haartz Corporation, the global leader in highly engineered and uniquely designed textile materials and Green Theme Technologies Inc. (GTT), a leader in waterless and PFAS-free textile finishing, today announced a partnership to revolutionize how textiles are finished in the United States. The first of its kind in the North American market, GTT's PFAS-free and waterless EMPEL™ textile finishing platform eliminates harmful chemicals from all levels of textile finishing without the use of water, all while providing best-in-class performance.
Developed by GTT, the EMPEL platform can apply a wide variety of finishes, including Durable Water Repellent, Anti-Wicking, Durable Stain Release and more to an almost limitless number of textiles. EMPEL uses sustainable "clean chemistry" to eliminate contamination by per- and polyfluoroalkyl substances (PFAS) during the textile manufacturing process through a waterless process.
"Haartz is the perfect partner for GTT," said Martin Flora, VP of Business Development for GTT. "They are world leaders in scaling finished fabric technologies through world-class manufacturing and testing facilities. With their various product categories, including apparel, furniture and automotive, our partnership brings textile innovation to North America and helps drive a positive and sizable environmental impact."
Independent tests conducted by Bureau Veritas and Okeotex confirm EMPEL uses a nontoxic and water-free hydrocarbon monomer solution that is polymerized when applied to fabrics, wrapping each individual yarn with a high-performance finish. Testing reveals EMPEL outperforms existing C0 and C6 fluorocarbon water repellent options, producing a protective finish that lasts.
As PFAS bans accelerate across the country and around the world, forward thinking brands like Haartz are taking the lead to adopt high performance and sustainable solutions.
Performance apparel brands such as Black Diamond, TREW Gear, Stoney Creek, and Artilect are currently selling apparel products that use EMPEL. Haartz holds the only US license for the EMPEL process and plans to scale production with several household brands.
"EMPEL presents endless possibilities for the future of textile manufacturing, with applications ranging from clothing to furniture and beyond," said Matt Williams, Vice President Vice President, Global Automotive Exteriors & New Markets at Haartz. "We continually push our manufacturing boundaries to bring the cleanest, highest performance products to market. Just as we have done throughout our long history serving automotive markets, we're approaching this unique problem with a unique sustainable solution and we're looking forward to bringing this new enhanced technology with a lower carbon footprint to US manufacturing."
To see GTT's durable water repellent performance in action, click HERE.
The Haartz Corporation is a world leader in highly engineered and uniquely designed convertible toppings and interior surface materials. The company's world headquarters and North American manufacturing operations are located in Acton, Massachusetts, with additional manufacturing in Mannheim, Germany and Pune, India. Beyond these manufacturing locations, Haartz maintains offices in Detroit, Munich, Tokyo, Irapuato, Mexico, Shanghai and Chongqing, China. Employing over 400 people worldwide, Haartz has been a trusted automotive supplier since 1907, and continues to be privately owned and operated by the Haartz family. For more information, visit www.haartz.com. Join the conversation on Twitter, @Haartz.
Green Theme Technologies, Inc. is a textile innovation company with the mission to create products that out-perform existing technologies while eliminating toxic chemicals, water usage, and pollution. Visit https://greenthemetek.com/ for more information.
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SOURCE The Haartz Corporation | https://www.whsv.com/prnewswire/2022/09/08/haartz-partners-with-green-theme-technologies-accelerate-pfas-free-waterless-textile-finishing-usa/ | 2022-09-08T20:00:47Z |
New Additions Double Size of Voting Body and Increase Diversity
LOS ANGELES, Sept. 8, 2022 /PRNewswire/ -- The Hollywood Foreign Press Association ("HFPA") today announced the addition of 103 new international voters to consider the Golden Globe Awards. This signifies the first time in the Association's history that a group of non-member voters has been added to select the nominees and awards, doubling the size of the voting body while increasing its diversity.
"After bringing in our largest member class last year with 21 diverse members, it was clear we had to find new opportunities to bring in additional voters to ensure the continued diversification and growth in the voting body," said Helen Hoehne, President of the HFPA. "The addition of new non-member voters drawn from international markets gives us the opportunity to more rapidly increase the number of voters, while preserving our international identity and maintaining the commitment to bring in qualified and experienced entertainment journalists."
The new voters were recruited from international industry organizations, as well as from active outreach to esteemed foreign film festivals and journalism professionals. The new voters are composed of 22.3% Latinx, 13.6% Black, 11.7% Asian, 10.7% Middle Eastern, and 41.7% White, with 58.3% self-identifying as ethnically diverse.
These new voters will be subject to a Golden Globe Awards Code of Conduct. Their applications were reviewed and qualified by the Credentials Committee, which is composed of a majority of outside independent journalism and entertainment industry professionals.
Combined with the current HFPA membership, the total Golden Globe Awards voting body is 52% female, 51.5% racially and ethnically diverse with 19.5% Latinx, 12% Asian, 10% Black and 10% Middle Eastern. The voting body also includes individuals who self-identify as LGBTQIA+. The total number of voters is now 200.
Geographically, the voters represent 62 countries around the world. This is the largest voting body in the history of the Association with 43.5% from Europe, 18.5% from Latin America, 17% from Asia, 9% from the Middle East and 7% from Africa.
"Our work is not complete as we will continue to identify and recruit additional members and non-member voters to expand, diversify and strengthen the Golden Globe Awards while maintaining its unique international flavor," said Neil Phillips, Chief Diversity Officer of the HFPA. "We remain committed to reshaping and growing the voting body while preserving the ability to make quality award decisions with integrity."
ABOUT THE HOLLYWOOD FOREIGN PRESS ASSOCIATION:
The Hollywood Foreign Press Association® ("HFPA") was founded in 1943 – then known as the Hollywood Foreign Correspondents Association – by a group of entertainment journalists based in Los Angeles. During World War II, the non-profit organization established a cultural bridge between Tinseltown and millions around the world seeking an escape and inspiration through entertainment. The HFPA continues to do so today with a membership representing more than 55 countries. Since 1944, the group has hosted the annual Golden Globe® Awards – the premier ceremony which honors achievements in both television and film. The licensing fees from the Golden Globe Awards has enabled the organization to donate more than $50 million to more than 70 entertainment-related charities, film restoration, scholarship programs and humanitarian efforts over the last three decades. Its efforts include support for diversity programs in partnership with advocacy groups promoting greater access in Hollywood aimed at underserved communities. For more information, please visit www.GoldenGlobes.com and follow us on Twitter (@GoldenGlobes), Facebook (www.facebook.com/GoldenGlobes), Instagram (@GoldenGlobes), and in Spanish on Twitter (@globosdeoro), and Facebook (www.facebook.com/globosdeoropaginaoficial).
Media Contact:
contactmedia@hfpa.org
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SOURCE HFPA | https://www.whsv.com/prnewswire/2022/09/08/hollywood-foreign-press-association-adds-103-new-voters-golden-globe-awards/ | 2022-09-08T20:00:54Z |
New research from Bain & Company shows consistent motivations across women and men, but outcomes that vary significantly due to occupation choice, prioritization of flexibility, and the perpetuation of biases.
BOSTON, Sept. 8, 2022 /PRNewswire/ -- The last several years have led to substantial disruption in global workforces and talent shortages from the Covid-19 pandemic, war in Ukraine, the great resignation, rising inflation and potential recession. New Bain & Company research shares that women still make up less than 40% of the global workforce, and participation is declining in many faster-growing, lower-income countries with more non-college-educated women, like India and Nigeria. Women can be a key part of the talent shortage solution. Despite different starting points and cultural contexts, every country has an opportunity to bring more women into the workforce, in order to meet talent needs and advance women's empowerment. Understanding the differences—and similarities—between women and men at work is critical for addressing gender parity and winning the war for talent.
"While the outcomes of women and men and the workforce vary, the motivations are strikingly similar," said Bianca Bax, an expert partner and EMEA DE&I leader, Bain & Company. "Men and women have consistent motivations when it comes to work, across factors like financial orientation and camaraderie. They also have similar attitudes on inclusion, with fewer than 30% feeling included in the workplace."
With intrinsic motivations similar, but outcomes so diverse, Bain & Company's research takes a look at the three meaningful imbalances that are often at the heart of the gap between women and men in the workforce:
- Occupation choice can be rooted in early childhood expectations: Although there has been progress, there is still gender bias in occupation choices. Women hold just 25% of US computing jobs and 13% of engineering jobs. This bias is ingrained at an early age often in early childhood experiences and expectations. In fact, studies have shown that by the age of seven, girls choose more "caring" careers, like teaching and healthcare, and boys choose more stereotypically masculine careers, like engineering. With the education gap closing globally, there is still areas of opportunity. Women earning bachelor's degrees in computer science declined from 33% in 1980 to 21% in 2018. The situation is similar globally.
- Flexibility is a catch-22: Men and women cite flexibility as a common interest when starting the workforce, but in some countries as they age, flexibility grows in importance for women and declines for men. Part-time work often keeps women in the workforce but is one of the main contributors to the pay gap. In the US, twice as many women work part time than men (of those, nearly 9 times more women voluntarily work part time due to family needs). The share of women in part-time work is even higher in many European countries. Three-quarters of Dutch women work part time, mostly to balance childcare and work.
- Workplaces are still biased: Many workplace behaviors and structures are rooted in conscious and unconscious bias. This leads to differential treatment for women. This is often seen as women not receiving sponsorship, often asked to take on the majority of administration work and cultural double standards focused on traditional promotional ladder.
"Successful firms of the future will embrace gender equality among policies (i.e. similar parental leave for all caregivers) along with a move to take a "passport" approach to their careers— where individuals can explore different roles, flexible work, and on- and off-ramps as part of their career journey," said Andrew Schwedel, partner at Bain & Company and co-chair of the firm's think tank, Bain Futures. "This cultural change, paired with actions to increase the number of women in leadership roles, can reset the value systems to be more equitable at all levels of the organization."
Leading firms will proactively address the gender imbalances that hold women back, with senior leaders championing the efforts, to attract and retain top talent. This is critical during a time of continued disruption and talent shortage. The following five imperatives begin to tackle the deeply rooted gender imbalances Bain & Company found in its research with the potential to not just empower women but improve the overall workforce.
- Be wary of averages: No demographic group is all the same and it is important that companies recognize that multiple factors make up someone's lived experience.
- Actively fight gender bias: Firms can actively challenge bias by elevating diverse role models, ensuring equal access to sponsorship, promoting allyship, and embedding concrete bias mitigation efforts. To address gender bias within the firm, many companies offer gender-neutral paid parental leave. Bain & Company announced this policy for its employees in July 2022.
- Instill inclusive practices: Fewer than 30% of women and men feel fully included at work, so there is plenty of opportunity for improvement. Additionally, employees both men and women who feel excluded are more likely to quit. So inclusive practices are critical for attracting and retaining top talent. Leaders have a responsibility to adopt inclusive behaviors. For example, the daily interactions employees have with supervisors play a large role in building—or eroding—confidence and ambition and impacting how included the employee feels.
- Champion flexible workers: The pandemic has disrupted the traditional model of working in an office showcasing employees can be productive at home and that employees often enjoy working from home as an option. More than 60% of US workers don't want to return to the office full time. Companies have an opportunity to redefine office norms, expectations and ensure continued advancement of employees regardless of work model. Equitable treatment of employees regardless of working choice is critical for success. At Bain & Company, workers across tenure levels can move to part-time (often 60% or 80% time) arrangements while continuing to advance, and models of success are championed.
- Unlock new talent pools through reskilling and returners programs: Women left the workforce in spades during the pandemic and now have the opportunity to solve the talent shortage. Roughly 90% of women want to return to the workforce, but only 40% actually do. Nearly three-quarters of women trying to return to work after a voluntary leave have trouble finding a job. Companies have an opportunity and can tap into this labor market with the right programs that set up individuals for success as the on-ramp back to work.
Making progress on women and men's outcomes in the workforce is a multiyear journey and not a quick fix. However, by beginning to implement some of these strategies, firms of the future can combat the current talent shortage and redefine the current work environment increasing opportunities and feelings of inclusion across all workers.
Editor's Note: For any questions or to arrange an interview, please contact Dan Pinkney at dan.pinkney@bain.com or tel. +1 646-562-8102
Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future.
Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today's urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.
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SOURCE Bain & Company | https://www.whsv.com/prnewswire/2022/09/08/how-companies-can-solve-their-talent-challenges-by-addressing-gender-imbalances-workforce/ | 2022-09-08T20:01:01Z |
CHARLOTTE, N.C., Sept. 8, 2022 /PRNewswire/ -- Technology Partners, LLC (dba ImagineSoftware™), a leading provider of medical billing automation software and revenue cycle management applications, is pleased to announce that the United States Patent and Trademark Office (USPTO) has granted it a patent (No. 11,398,300 B2) for the invention of a medical diagnostic platform based in predictive coding and capable of extrapolating predictions of diagnoses, treatments, and estimated costs based on a variety of factors.
The patent is for a healthcare platform capable of making predictive analyses, such as medical diagnostic analysis in comparison to similar patients by accessing and extracting information from one or more server systems, based on desired parameters. The advanced level of data processing provides ImagineSoftware with capabilities to continue to leverage data in the RCM process.
"ImagineSoftware is always focused on bringing solutions that center around our clients and their patients. The issued patent demonstrates our continued commitment to developing unique, state-of-the-art healthcare systems for our clients, expanding across 30+ medical specialties," said Sam Khashman, President and Chief Executive Officer of ImagineSoftware, who the patent lists as inventor.
ImagineSoftware continues to develop technological solutions that utilize data and analytics to provide more efficient processes. Earlier this year, ImagineSoftwareTM launched ImagineInsightsTM a platform designed to give providers the ability to evaluate their reimbursements, look at different geographic markets, as well as providing new functionality specific to the No Surprises Act. Additionally, ImagineSoftwareTM has added increased functionality to its ImagineEngagementTM solution, which allows healthcare organizations to provide a best-in-class patient experience to patients utilizing past billing history and numerous other data points.
"Data has never been more important in healthcare," Khashman said. "Our patent along with these innovations in our other product lines show our commitment to innovation."
ImagineSoftware is the leading provider of medical billing automation software and revenue cycle management applications. Offering powerful technology solutions for medical billing offices, practices, and hospitals for over 20 years, ImagineSoftware currently serves more than 75,000 physicians across 43 specialties. ImagineSoftware solutions improve financial efficiency, build provider reputation, and ultimately enhance the patient experience. For more information, visit imagineteam.com and follow us on Twitter @ImagineTeam or connect with us on LinkedIn "ImagineSoftware (Technology Partners, LLC)."
Ben Buchanan
ImagineSoftware Chief Marketing Officer
bbuchanan@imagineteam.com
704-553-1004
SOURCE Technology Partners, LLC. (dba ImagineSoftware)
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SOURCE Technology Partners, Inc. (dba IMAGINE Software) | https://www.whsv.com/prnewswire/2022/09/08/imaginesoftware-secures-patent-uspto-medical-diagnostic-platform/ | 2022-09-08T20:01:07Z |
New Lanyard Design from Incase Offers Stylish Accessibility for (2nd generation) Users
TUSTIN, Calif., Sept. 8, 2022 /PRNewswire/ -- Incase, a leading global design-driven bag and accessories brand for today's creatives, today unveiled the Incase Lanyard for the new AirPods Pro (2nd generation.) The Incase Lanyard has hybrid wrist and loop function, making attaching to most straps possible through its unique construction.
"With simple, yet functional features and an aesthetically-driven design, the Incase Lanyard offers a reliable way to attach your AirPods Pro (2nd generation) to your belongings," said Brian Stech, CEO of Incase. "From an early morning commute to an end of day workout and everything in between, the Incase Lanyard keeps your AirPods Pro (2nd generation) within reach throughout your day."
The Incase Lanyard for AirPods Pro (2nd generation) offers unique advantages, including:
- Integrated cord clip makes it easy to securely fasten to bags, backpacks, or handbags
- Soft braided cord ensures maximum comfort when worn as wrist loop
The Incase Lanyard for AirPods Pro (2nd generation) is available globally in Gray for $12.95 (MSRP) at Incase.com and in-store and online at Apple.
Incase, a Vinci Brand, designs solutions to protect the ideas of today's creatives. Since 1997, our heritage has been deeply rooted in the lifestyles of those who create on the Apple platform. Through this dedication, we are able to focus on our consumers' evolving needs and continually expand our product offering while promoting creativity and the entrepreneurial spirit.
Informed by the principles of intentional, aspirational and functional design, the ecosystem of bags and accessories we introduce transcend both age and demographics to provide creatives with the best possible experiences while in pursuit of their passions. Our team employs exacting design protocols to ensure each Incase product meets the needs of our consumers, emerging markets, and an ever-expanding world of product experiences. Our brand, team, and products leverage technology and lifestyle to inspire global creativity.
Incase. Ideas Protected.
Vinci Brands is a global leader in consumer tech protection, carry and power solutions operating an innovative and diverse portfolio of owned and licensed brands at the intersection of design, functionality, sustainability, and lifestyle. The company has an award-winning product portfolio that includes protective cases, shells, sleeves, bags, power management, enterprise and B2B solutions sold under the Incipio, Incase, Survivor, Griffin, kate spade new york, and Coach brands. Vinci Brands has operations in the United States, United Kingdom, Netherlands, Australia, and China. For more information visit www.vincibrands.com.
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SOURCE Incase | https://www.whsv.com/prnewswire/2022/09/08/incase-announces-new-lanyard-airpods-pro-2nd-generation/ | 2022-09-08T20:01:13Z |
Council announces other leadership changes
CHICAGO, Sept. 8, 2022 /PRNewswire/ -- Justin Ladner, president of Illinois American Water, has been appointed chairman of the board of the Illinois Utilities Business Diversity Council (IUBDC). Ladner succeeds Joseph Dominguez, former president and CEO of Commonwealth Edison.
The IUBDC was formed in 2015 to increase business opportunities for diverse suppliers through closer collaboration, technical development and sharing of best practices among leading Illinois utilities. IUBDC charter members include Ameren Illinois, Commonwealth Edison, Illinois American Water, Nicor Gas, Peoples Gas and North Shore Gas.
"What started as a forum for discussing critical policy issues and programs has evolved into something much more impactful," said Ladner, a member of the IUBDC board of directors since 2020. "Along with my fellow board members and our dedicated staff, we're leveraging the collective influence of the state's largest utility companies to open doors for diverse-owned businesses to enter the natural gas, electricity and water distribution supply chains. I'm honored to lead the council and I'm excited about what we can continue to accomplish together."
IUBDC announced these additional board appointments:
- David Carter, president of Aqua America Illinois
- Gil Quiniones, CEO of Commonwealth Edison
- Leonard P. "Lenny" Singh, chairman and president of Ameren Illinois
- Torrence Hinton, president of Peoples Gas and North Shore Gas
- Wendell Dallas, president and CEO of Nicor Gas
IUBDC also recently announced that Nancy Conner was hired as the council's first executive director. Conner has more than 20 years of supplier diversity management experience, including her diversity consulting practice that helps corporations meet their supplier diversity goals through coaching and development of minority, women, veteran, disabled and LGBTQ suppliers.
For more information about the IUBDC, visit iubdc.com.
The Illinois Utilities Business Diversity Council (IUBDC) members include Ameren Illinois, ComEd, Illinois American Water, Nicor Gas, North Shore Gas and Peoples Gas. The mission of the IUBDC is to serve the Illinois utilities as a forum for best practice sharing and information exchange with the focus on advancing the growth and utilization of utility-based diverse businesses in the state of Illinois.
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SOURCE Illinois Utilities Business Diversity Council | https://www.whsv.com/prnewswire/2022/09/08/justin-ladner-appointed-chairman-illinois-utilities-business-diversity-council/ | 2022-09-08T20:01:19Z |
LINCOLN, Neb., Sept. 8, 2022 /PRNewswire/ -- Heavy-duty truck inventory levels decreased in August, marking the first inventory decline since February 2022 according to the newest market reports from Sandhills Global. "Dealers are continuing to experience delays in fulfilling and delivering their new truck orders," says AuctionTime Manager Mitch Helman. "Strong demand remains for used heavy-duty trucks."
The 5% month-to-month drop in heavy-duty truck inventory coincided with a rise in auction values, which increased 2.4% M/M. Asking values for heavy-duty trucks continued to slide from the historic highs reached in May 2022. The 3.6% M/M asking value decrease from July to August isn't surprising, considering that asking values are typically slower to react to market changes than auction values.
The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets, as well as model year equipment actively in use. Regional EVI data is available for the United States (and key geographic regions within) and Canada, allowing Sandhills to reflect machine values by location.
Sandhills Market Reports highlight the most significant changes in Sandhills' used heavy-duty truck, construction equipment, and farm machinery markets. Each report includes detailed analysis and charts that help readers visualize the data. The newest market reports dive into the semi-trailer and medium-duty truck markets, as well as the trends in medium-duty construction equipment, providing a complete view of equipment market trends.
U.S. Used Heavy-Duty Truck Market
- Following a 1.7% M/M inventory increase from June to July, which was a considerably lower increase compared to prior months, heavy-duty truck inventory levels dropped 5% M/M from July to August. Heavy-duty truck inventory was still up 6.6% year-over-year.
- Auction EVI increased 2.4% M/M and was up 16% YOY.
- Asking values decreased for the third consecutive month, dipping 3.6% M/M; asking values were up 30% YOY.
U.S. Used Semi-Trailer Market
- Semi-trailer inventory closely follows that of heavy-duty trucks, with inventory levels decreasing 2.5% M/M.
- Auction values decreased for the fifth consecutive month and were down 3.2% M/M in August. Auction EVI increased 17% YOY.
- Asking values dropped for the third consecutive month, down 2.9% M/M. Asking EVI increased 40% YOY.
U.S. Used Medium-Duty Truck Market
- Medium-duty truck inventory levels have remained steady in recent months and were down just 1.1% M/M in August. Medium-duty truck inventory was up 34% YOY.
- Auction EVI was flat M/M and increased 7.4% YOY.
- Asking EVI decreased 0.6% M/M and increased 20% YOY.
U.S. Used Heavy-Duty Construction Market
- Inventory continues to slowly climb in the heavy-duty construction equipment market. August inventory levels were up 0.75% M/M and down 38% YOY.
- August was the fourth consecutive month of auction value decreases. Auction EVI decreased 2% M/M and increased 7.1% YOY.
- Asking values have also been trending down in recent months. Asking EVI decreased 0.4% M/M and increased 6.2% YOY.
U.S. Used Medium-Duty Construction Market
- While inventory levels in the medium-duty construction equipment market continue to grow, posting an increase of 5.2% M/M in August, auction values for this category have been decreasing since May 2022.
- In August, auction values decreased 0.8% M/M and increased 7.8% YOY.
- Asking values have been slowly decreasing in recent months. Asking EVI decreased 0.4% M/M and increased 13% YOY.
U.S. Used Farm Equipment Market
- The leveling-off pattern seen in farm equipment over the past few months continued in August with inventory levels decreasing just 0.4% M/M, and down 22% YOY.
- Auction EVI decreased 3.5% M/M and increased 7.2% YOY.
- Asking EVI continued to trend upwards in August, increasing 4% M/M and 7.7% YOY.
For more information, or to receive detailed analysis from Sandhills Global, contact us at marketreports@sandhills.com.
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills' proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
Contact Sandhills
www.sandhills.com/contact-us
402-479-2181
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SOURCE Sandhills Global | https://www.whsv.com/prnewswire/2022/09/08/latest-sandhills-market-report-shows-heavy-duty-truck-inventory-settling-down-after-recent-period-growth/ | 2022-09-08T20:01:26Z |
MIAMI, Sept. 8, 2022 /PRNewswire/ -- LiveHire, the globally-leading Direct Sourcing and Total Talent platform, and HireGenics, a recognized thought leader in the design, implementation, and delivery of Talent Acquisition Solutions, have successfully launched Direct Sourcing programs for 3 Global Fortune 500 companies. The clients are recognized as a premier international airline, the world's largest independent production company of liquids and natural gas, and a renowned insurance provider.
Through the intersection of LiveHire's state-of-the-art technology, and HireGenics' comprehensive service offerings, companies can leverage their brand to attract, engage, and hire workers of all skills and classifications through the establishment of a private, Branded Talent Community. By creating a centralized talent repository in a dynamic community environment, applicants encounter a transformative candidate experience and companies achieve the global visibility required to build and execute complex workforce planning strategies across their enterprise.
Contingent labor accounts for over 40% of the total workforce today and consists of all types of experience and skill levels. Companies are recognizing the important role that contingent workers play in their overall workforce planning strategy.
Katie Bussey, Sr. Vice President, and Direct Sourcing practice leader at HireGenics commented, "Onboarding a contingent worker today in your organization is a user of your products, services, or employee tomorrow." This has led procurement and talent acquisition stakeholders to seek innovative solutions that expand their talent reach while also creating exceptional candidate experiences, she said.
"Technology plays a critical role in separating a good Direct Sourcing solution from a great one. We were meticulous in evaluating Direct Sourcing technology providers to find a platform that we felt was next level in the space", she said. "We were also seeking a true partner that is customer-centric and hungry to revolutionize how companies acquire talent. HireGenics selected LiveHire as our strategic partner and together we are already seeing the results that a great solution can produce for our clients".
LiveHire's technology was recently recognized as a Market Leading Platform by Ardent Partners, a leading resource and advisory firm, in their Direct Staffing Platforms Technology advisor report which evaluated the digital staffing solutions marketplace.
"Our partnership with HireGenics has enabled organizations to reach high-quality talent by combining the best in Direct Sourcing technology with Hiregenics' experienced Talent Curation and concierge services team," says Christy Forest, LiveHire CEO. "Our customers are experiencing faster response times, improved quality of hires, reduction in overall cycle time, and a significant reduction in their total cost of workforce (TCOW) as a result of our solutions", she said.
LiveHire will be showcasing their Direct Sourcing platform at the CWS Summit in Dallas, Texas on September 19-20, 2022 at booth #325.
HireGenics will be showcasing their workforce management solutions at the CWS Summit in Dallas, Texas on September 19-20, 2022 at booth #201
About LiveHire
LiveHire is a globally-leading recruitment and direct sourcing platform - enabling clients to attract and engage both permanent employees and contingent workers to deliver Total Talent and Direct Sourcing solutions. LiveHire offers an award-winning candidate experience and provides talent-on-demand through its unique talent pooling and 2-way text messaging functionality, having successfully enabled end-to-end recruitment from sourcing through to hire of diverse workforces for over 200 clients across 20 verticals globally. For more information, visit www.livehire.com/us.
About HireGenics
HireGenics is a Workforce Management company headquartered in Duluth, GA. A certified MBE, HireGenics provides comprehensive workforce solutions designed to optimize access to high quality talent using multi-channel talent and sourcing strategies. Specialties include Managed Service Programs (MSP), Direct Sourcing, Employer-of-Record/Payrolling, IC Compliance, RPO, and SOW Management. Many of these solutions are provided through a consolidated model that allows each client to classify all spend as tier 1 diversity. HireGenics also holds a Top-Secret facility security clearance and has many clients in the government contractor sector, aerospace & defense, and heavily regulated industry space. www.hiregenics.com
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SOURCE LiveHire | https://www.whsv.com/prnewswire/2022/09/08/livehire-hiregenics-launch-3-new-direct-sourcing-programs-premier-fortune-500-companies/ | 2022-09-08T20:01:33Z |
McRae Industries, Inc. Dividend Declared
Published: Sep. 8, 2022 at 3:31 PM EDT|Updated: 29 minutes ago
MOUNT GILEAD, N.C., Sept. 8, 2022 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) declared a dividend of $.14 per share on the Company's Class A and Class B Common Stock payable on October 6, 2022 to shareholders of record on September 22, 2022.
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SOURCE McRae Industries, Inc.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.whsv.com/prnewswire/2022/09/08/mcrae-industries-inc-dividend-declared/ | 2022-09-08T20:01:42Z |
STOCKHOLM, Sept. 8, 2022 /PRNewswire/ -- The MedTech company NeoDynamics has today received approval for its innovative pulse biopsy system NeoNavia® from the US Food and Drug Administration, FDA.
The US breast biopsy market is estimated to reach $830 million by 2025.
"The FDA approval for NeoNavia is a major milestone for NeoDynamics and a stamp of quality for both the product and NeoDynamics as a whole," said Anna Eriksrud, CEO of NeoDynamics. "The US represents the potentially largest market for the product, where we now also can build on the experience gained with the system in Europe. Preparation for the launch is ongoing and we expect to begin introducing the system to clinicians and potential partners within the next few months."
NeoDynamics intends to work with US clinics to further document the product in clinical practice to support its marketing and sales strategy. A similar strategy is successfully being executed on in Europe, demonstrating the benefits of the product while forging relationships with important clinics to facilitate a broad acceptance and uptake of the system.
NeoNavia is an innovative biopsy system that uses a patented pulse technology for controlled and accurate needle insertion, which is based on research at Karolinska Institutet. NeoDynamics' goal is for the pulse technology to become the new standard for ultrasound-guided breast biopsies. The product has CE approval in Europe, where it is in clinical use.
For further information, please contact:
Anna Eriksrud, CEO NeoDynamics AB, phone +46708 444 966 or e-mail anna.eriksrud@neodynamics.com
CFO Aaron Wong, phone +46 735 972 011 or e-mail aaron.wong@neodynamics.com
About NeoDynamics
NeoDynamics AB (publ) is a Swedish Medical Technology Company dedicated to advancing diagnosis and care of breast cancer. The company's first product NeoNavia®, a new innovative pulse biopsy system for ultrasound guided tissue sampling, is currently being introduced to the market. The biopsy system is built on a patented pulse technology, based on research at the Karolinska Institutet in Sweden. NeoNavia is evaluated for breast cancer diagnosis at leading clinics in UK, Germany, and Sweden. The pulse biopsy system has been used for tissue sampling in breast and axilla in over 500 patients. NeoDynamic's share is listed on Nasdaq First North Growth Market Stockholm (ticker: NEOD). The company's Certified Adviser is Redeye AB.
About NeoNavia
NeoNavia is a modern biopsy system with a completely new patented pulse technology intended for ultrasound-guided tissue sampling. It consists of a base unit, a handheld driver and three different types of biopsy needles. Each needle type is driven by the pulse technology providing a more controlled needle insertion and precise placement of the needle in the tumour whilst enabling high-quality tissue samples from both breasts and lymph nodes. The pulse biopsy system NeoNavia is designed to offer clinicians and patients accurate lesion targeting and high tissue yield for correct diagnosis and individualized treatment.
This information is information that NeoDynamics AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on September 8, 2022 at 20.30 CEST.
This information was brought to you by Cision http://news.cision.com
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SOURCE NeoDynamics | https://www.whsv.com/prnewswire/2022/09/08/neodynamics-received-fda-clearance-pulse-biopsy-system-neonavia/ | 2022-09-08T20:01:48Z |
Groovy Hues amplifies the expansion of rapidly growing company
OMAHA, Neb., Sept. 8, 2022 /PRNewswire/ -- HorsePower Brands announced today the launch of Groovy Hues, a further expansion of its ever-growing portfolio of service-based franchise systems. Groovy Hues is committed to restyling the painting industry for both residential and commercial services. In addition to residential and commercial interior and exterior projects, the innovative franchise offers power and soft wash and gutter and shutter replacement and painting. HorsePower Brands remains on pace to hit its goal of building a portfolio of 25 service-based franchise brands and vertical integrations by 2025.
As part of the HorsePower Brands roster, Groovy Hues will experience heightened growth through utilizing the strategy and support structure that continues to drive expansion for the parent company. The new franchise will go beyond its competition through unsurpassed organization, execution and communication by leveraging the best products and technology in the industry.
"I believe the difference between success and failure is communication," said Groovy Hues brand president John M. Pleiss. "Our service process sees customers experience a thoroughly established communication system, with easy-to-understand estimates that tell the customer not only how much it will cost, but also when we start and finish the job." Pleiss brings proven leadership skills to the brand primarily through his experience in building and marketing telecommunication infrastructure.
"We see a massive opportunity for us to continue to develop and expand our existing service-based franchises with the addition of Groovy Hues," said Josh Skolnick, co-founder and chair of HorsePower Brands. "Home and business owners are often challenged to find someone they can trust to get the job done right and puts their mind at ease. That's what we do – improve the process with complete communication and maximum transparency for our customers."
Groovy Hues marks the sixth service brand launched by HorsePower Brands since its formation in 2019. Both Skolnick and Zachary Beutler formed the company with a goal to sell franchises responsibly with the tools to ensure franchisees' growth and longevity long term.
HorsePower Brands is a portfolio company comprised of service-based franchisors and franchise brands delivering first class customer service and experiences. Founded in 2019 by franchise veterans Josh Skolnick and Zach Beutler, the team was determined to disrupt the franchise industry to responsibly grow and support franchisees through a platform focused on operational excellence and accountability. For more information on HorsePower Brands and their various franchise opportunities, visit https://horsepowerbrands.com.
Photo: John M. Pleiss, Groovy Hues brand president.
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SOURCE Horse Power Brands | https://www.whsv.com/prnewswire/2022/09/08/omaha-based-horsepower-brands-adds-colorful-new-franchise/ | 2022-09-08T20:01:54Z |
Over half report trouble paying for non-health care needs
HAMPTON, Va., Sept. 8, 2022 /PRNewswire/ -- Over 30% of insured patients report trouble paying for health needs, according to a new study from researchers at the University of Alabama-Birmingham using data from the Patient Advocate Foundation (PAF). According to the study, over half of insured respondents reported trouble paying for non-healthcare needs, a notable uptick from pre-pandemic levels and a somber reminder of how a cancer diagnosis can lead to financial toxicity.
Approximately 31% of respondents reported trouble paying for healthcare during that time period. However, this rate was highest among respondents on employer-sponsored plans, 59% of whom reported trouble paying for healthcare.
"Not only is this a story about the high cost of cancer," said Kathleen Gallagher, PAF vice president of health services, "it's also a story about how certain insurance plan benefit designs purposefully shift costs to patients in a way that may cause them to delay seeking care."
In recent years, private insurance has shifted an increasing percentage of cost-sharing onto patients. In 2020, individual silver plan ACA deductibles averaged $4,450 and 26% of individuals with employer-sponsored insurance had annual deductibles of at least $2,000.
The study also reports that over half of respondents, 57%, reported trouble paying for non-healthcare needs. Challenges paying for non-health care needs include trouble paying for food, housing, transportation and internet. Medicaid beneficiaries were the most likely to report trouble affording non-healthcare expenses.
"We already know that households that spend at least 10% of their income on healthcare costs are more likely to delay treatments," said Rebekah Angove, PhD, PAF executive vice president of research and evaluation. "When we look in particular at patients who are on a fixed income, first with the pandemic and now inflation, their financial hardships are more acute than they would have been five years ago. Providers need to be more aware of the financial difficulties that their insured patients may be experiencing and initiate conversations about how they plan to cover these costs and if they need assistance locating resources."
The study surveyed 1,437 respondents, 97% of whom were insured during the covid pandemic. Most respondents were enrolled in Medicare (48%), 22% in employer-sponsored insurance, 13% in Medicaid, 6% in an Affordable Care Act (ACA) plan, and 3% were uninsured.
About Patient Advocate Foundation: PAF is a national non-profit organization that provides free case management and financial assistance to patients diagnosed with a chronic, debilitating or life-threatening condition.
Contact: Caitlin Donovan, Senior Director, Patient Advocate Foundation
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SOURCE National Patient Advocate Foundation | https://www.whsv.com/prnewswire/2022/09/08/over-30-cancer-patients-report-trouble-paying-health-needs-says-new-study/ | 2022-09-08T20:02:01Z |
Eager for an entrepreneurial opportunity, experienced litigator joins regional firm to grow his practice and team of talented attorneys
CHICAGO, Sept. 8, 2022 /PRNewswire/ -- Phillips Lytle LLP announced John R. Worth, a newly added partner with the firm, will lead its new Chicago office. He joins Phillips Lytle after more than 10 years as a partner at Kirkland & Ellis LLP. The trial attorney and commercial litigator's expanded role as Chicago office leader brings a new opportunity—growing a local team of talented attorneys to complement the support he'll have from Phillips Lytle's attorneys in other market locations.
"I'm beyond excited to join Phillips Lytle and pursue this new opportunity to lead the firm's Chicago office," Mr. Worth said. "Throughout my years practicing law, I've always been an entrepreneur at heart, focused on expanding my practice with existing clients, developing new relationships and creating referral pipelines. At Phillips Lytle, I'll be able to take this work to the next level — providing an incredible value proposition for the firm's existing and future clients. I'm grateful for the trust my new partners have placed in me to help accelerate the firm's ongoing growth strategy."
"John joins Phillips Lytle amid a recent stretch of rapid growth and hiring, creating a moment of opportunity when top talent collided with our appetite to expand into new markets," said Phillips Lytle Managing Partner Kevin M. Hogan. "In addition to being a very talented litigator, John brings leadership skills and an entrepreneurial spirit. Our values aligned, as did our high standards and focus on providing the highest level of client service. We're excited to welcome John to our team as we continue our efforts to make Phillips Lytle a marquee destination for attorneys ready to shape the future of our 188-year-old firm."
Mr. Worth brings nearly two decades of experience representing major corporate clients, including several within the FORTUNE 500, in commercial matters in federal and state trial and appellate courts and arbitrations throughout the United States. He will continue providing trusted counsel for clients on complex commercial litigation, including contract disputes, consumer fraud, product liability, mass tort and toxic tort, and class action litigation matters.
Adding his expertise to further expand Phillips Lytle's Class Action, Commercial Litigation, Product Liability & Mass Tort Litigation, and Insurance Coverage Practices, Mr. Worth will work alongside the firm's talented attorneys across office locations and seek to build on its track record of achieving desired results that align with clients' business objectives.
Mr. Worth has broad legal experience in disputes spanning many industries, including chemical, energy, life sciences, shipping and logistics, manufacturing, pharmaceutical, real estate and more. He received his law degree from the Indiana University Maurer School of Law, where he graduated magna cum laude and was elected to the school's Order of the Coif chapter. During law school, Mr. Worth served as the Editor-in-Chief of the Indiana Law Journal. He also holds a master's degree from the University of Chicago and a bachelor's degree from Wabash College, where he graduated magna cum laude and was elected to the college's chapter of Phi Beta Kappa.
This market expansion represents another milestone as Phillips Lytle continues to push ahead with its organization-wide, talent-driven growth plans — which were launched earlier this year. The firm is actively expanding its expertise through the attraction, retention and development of top legal talent, as well as the recruitment of boutique law firms and specialty practices in existing and new markets.
Phillips Lytle LLP is a premier regional law firm that is recognized nationally for its legal excellence. With offices across New York State and in Chicago, IL, Washington, D.C. and Canada, our attorneys serve a multinational client base, including FORTUNE 1000 companies, global and regional financial institutions, not-for-profit organizations, middle-market companies, startups, entrepreneurs and individuals on important matters affecting their businesses and personal wealth. For more information, visit www.phillipslytle.com.
Media Contact
Tracey Mancini
Communications Manager
716-847-8340
tmancini@phillipslytle.com
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SOURCE Phillips Lytle LLP | https://www.whsv.com/prnewswire/2022/09/08/phillips-lytle-launches-chicago-office-with-hiring-john-r-worth-kirkland-amp-ellis/ | 2022-09-08T20:02:07Z |
EAST LANSING, Mich., Sept. 8, 2022 /PRNewswire/ -- Fintech provider Quavo Fraud & Disputes will host webinar on Wednesday, September 28th, 2022, at 4:00 PM BST / 11:00 AM EST in collaboration with Finovate, an Informa Connect Division. Quavo's SVP, Revenue Executive Brittany Usher, will be joined by KeyBank's Head of Enterprise Fraud Services, Jen Martin, to discuss "The Hidden Costs of Fraud and Dispute Management: Where to Automate the Process and Reduce Losses."
Registration is now open for the upcoming webinar. Usher and Martin will dive into the initial steps toward automation for issuing financial institutions seeking to overhaul their pre-existing manual and legacy systems.
Usher oversees Quavo's Revenue Division, including marketing, sales, client success, business development, revenue operations, and strategic partnerships. She continuously explores automation and new technology and utilizes data and analytics to ensure Quavo captures cutting-edge technology and innovation throughout its internal processes.
Martin leads KeyBank's Enterprise Fraud Services organization, responsible for fraud prevention, strategy, operations, investigations, and client experiences. She is especially focused on mitigating emerging fraud trends and providing modernized fraud resolution experiences for consumers through enhanced analytics and technologies.
Along with providing business case examples, Usher and Martin will discuss the lessons learned from implementing new software, conducting a cost analysis examining price per transaction, chargeback recoveries, manual intervention, fines, and overhead costs.
Quavo is the world's leading provider of cloud-based dispute management solutions for financial institutions and Fintech organizations. Quavo offers turnkey, automated software solutions for disputes with complete Reg E and Reg Z compliance. Quavo's premier software solutions are QFD™ and ARIA™. QFD™ automates fraud and dispute processing workflows, from intake to case resolution. Our fraud management AI, ARIA™, conducts the investigation process to reach decisions as a human would in a matter of seconds. Quavo also provides add-ons to the QFD™ software, namely Dispute Resolution Experts™, our human intelligence service.
CONTACT:
Jennifer Marshall
Marketing Manager
marketing@quavo.com
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SOURCE Quavo, Inc. | https://www.whsv.com/prnewswire/2022/09/08/quavo-keybank-executives-lead-finovate-webinar-sept-28th-hidden-costs-fraud-dispute-management-where-automate-process-reduce-losses/ | 2022-09-08T20:02:13Z |
SECAUCUS, N.J., Sept. 8, 2022 /PRNewswire/ -- Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic information services, announced that it is scheduled to speak at the Morgan Stanley 20th Annual Global Healthcare Conference. Jim Davis, CEO-elect, and Sam Samad, Executive Vice President & CFO, will discuss the company's vision, goals, and capital deployment strategies. The presentation is scheduled for Tuesday, September 13, 2022, at 4:40 p.m. Eastern Time.
The presentation and Q&A session will be webcast live during the conference and will be available on the company's investor relations page which can be accessed at ir.QuestDiagnostics.com. In addition, the archived webcast will be available within 24 hours after the conclusion of the live event and will remain available until October 13, 2022.
About Quest Diagnostics
Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve healthcare management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 50,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. www.QuestDiagnostics.com.
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SOURCE Quest Diagnostics | https://www.whsv.com/prnewswire/2022/09/08/quest-diagnostics-speak-morgan-stanley-20th-annual-global-healthcare-conference/ | 2022-09-08T20:02:20Z |
OCALA, Fla., Sept. 8, 2022 /PRNewswire/ -- In addition to real estate, jewelry, rare coins, and the incredible range of other items typically open for bidding in HiBid.com auctions, sales this week include sports cars and pickup trucks seized by U.S. Marshals, classic Honda motorcycles and parts, Skee-Ball and other arcade games, full-size coin-operated video games, and more.
HiBid.com facilitated the sale of over $34 million (gross auction proceeds) in assets in auctions from August 29th through September 4th. The auction platform averaged 1.45 million bids on the site per day, with over 555,000 lots sold in a combined total of 1,366 online-only and webcast auctions.
HiBid.com brings buyers and sellers together every day with a wide-ranging selection of items across hundreds of categories that appeal to bidders worldwide. HiBid is fully integrated with Auction Flex 360, providing auctioneers with a comprehensive auction management solution that supports internet-only auctions, webcast auctions, and absentee bidding.
August 29th-September 4th, 2022, HiBid.com Highlights
GAP: $34,145,638
Lots Sold: 555,124
Online-Only Auctions: 1,282
Webcast Auctions: 84
Average Bidders Per Day: 917,000
Average Bids Per Day: 1.45 Million
Current Auctions
The following list includes a small sample from the hundreds of auctions currently open for bidding on HiBid.com. Site visitors can click the Find Auctions menu at the top of the HiBid.com homepage for links to the Featured and Hot auctions, such as those listed below, or use the search box to find auctions nearby.
U.S. Marshals Online Auction
Auction Type: Online-Only
Dates: September 13th-20th
Seller: Apple Towing Co
View Auction Items
Motorcycles, Motocross, '09 Cadillac, Phone Booth, Parts and More
Auction Type: Internet Absentee
Date: September 10th
Seller: Mathies Auction Services
View Auction Items
OLO Arcade Auction
Auction Type: Online-Only
Date: September 8th
Seller: Kraft Auction Service
View Auction Items
If you're looking to sell through HiBid.com, click here to describe what you wish to sell, and a local HiBid auctioneer will help you get started.
Interested in receiving updates from HiBid? Sign up to receive newsletter emails, and follow HiBid Auctions on Facebook and LinkedIn.
HiBid is an online auction platform supporting webcast auctions, internet-only auctions, and internet absentee bidding. It is also available as a private-label solution. HiBid is integrated with Auction Flex 360, the market leader in auction software for live and online auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, and multi-parcel. HiBid and Auction Flex 360 were built from the ground up to function together seamlessly.
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SOURCE Hibid-AuctionFlex | https://www.whsv.com/prnewswire/2022/09/08/real-estate-seized-vehicles-arcade-games-more-open-bidding-hibidcom-following-34-million-week-sales/ | 2022-09-08T20:02:26Z |
LAS VEGAS, Sept. 8, 2022 /PRNewswire/ -- Realty ONE Group, a modern, purpose-driven lifestyle brand and ONE of the fastest growing franchisors today, has sold the franchise rights to a new owner in the South American country of Bolivia as the dynamic COOLTURE-driven organization continues its expansion around the world.
Paul Viscarra and Fernando Barba, childhood friends who have been business partners for most of their lives, are the new owners who will bring the unique benefits of the brand, business coaching and Realty ONE Group's recession-proof business model to this thriving country.
"Paul and Fernando are successful businessmen - and devoted family men - who are exactly what we look for in strategic partners for our global expansion," said Kuba Jewgieniew, CEO and Founder of Realty ONE Group. "They believe in all that we created and know there's nothing like the Realty ONE Group brand in Bolivia."
"We strongly believe that not only will our lives change but we'll change the lives of Bolivian real estate professionals and the citizens that we serve," said new Co-Owner Paul Viscarra.
"Our ONE Purpose will be to impact so many with our combined business and real estate experience and bring Realty ONE Group's COOLTURE and commitment to community service to our country," said Co-Owner Fernando Barba.
This year, Realty ONE Group was ranked a Top 100 Recession-Proof franchise by Franchise Business Review and the company claimed the No.1 spot for real estate franchisors on Entrepreneur's highly competitive 2022 Franchise 500(R) List.
Realty ONE Group now has more than 18,000 real estate professionals in more than 400 offices in 49 states, Washington D.C., Puerto Rico and now the countries of Canada, Costa Rica, Ecuador, Italy, Portugal, Singapore and Spain.
Learn more at www.OwnAOne.com.
About Realty ONE Group
Founded in 2005, Realty ONE Group is an industry disruptor, radically changing the face of real estate franchising with its unique business model, fun coolture, technology infrastructure and superior support for its real estate professionals. The company has rapidly evolved to include more than 18,000 real estate professionals in over 400+ offices across 49 U.S. states, Washington D.C., Puerto Rico, Bolivia, Canada, Costa Rica, Ecuador, Italy, Portugal, Spain and Singapore. Realty ONE Group ranks in the top one percent in the nation by REAL Trends and has been recognized by Entrepreneur Magazine as the number ONE real estate brand. Realty ONE Group is surging ahead, opening doors, not only for its clients but for real estate professionals and franchise owners. To learn more, visit www.RealtyONEGroup.com.
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SOURCE Realty ONE Group | https://www.whsv.com/prnewswire/2022/09/08/realty-one-group-open-bolivia/ | 2022-09-08T20:02:33Z |
OMAHA, Neb., Sept. 8, 2022 /PRNewswire/ -- GetMed Staffing (Omaha, Nebraska) is thrilled to welcome Dan Scardina to the team as Chief Executive Officer. Scardina brings 16 years of leadership experience in healthcare staffing and a vast array of expertise. Scardina began his career as a recruiter in 2006 and has held several leadership positions throughout the last decade, becoming a fundamental contributor to rapid growth within the industry. Highlighting his career success as Sr Management at Aureus Medical Group, Chief Sales Officer at Fusion Medical Staffing, and President of Fusion Marketplace and Fusion Workforce Solutions. Scardina is the perfect partner to elevate and develop GetMed's vision and mission not only because of his knowledge but because of his relationship-focused leadership style.
"Over the past four and a half years, GetMed has added the best people to our team who share our core values of excellence, quality, and integrity." says owner Linda Hotchkiss. While Hotchkiss will still be heavily involved within the company, she states, "Dan's knowledge of growth management will help take GetMed to the next level."
Founded in 2018, GetMed Staffing is a women & diversity-owned healthcare staffing agency with over 40 years of leadership and recruiting experience. With innovation on the horizon, Scardina is the perfect partner to accelerate the company's growth.
"I'm excited about this new journey and feel that my experience within the healthcare staffing industry has led me to where I'm meant to be. GetMed Staffing's distinctive approach completely separates them from what has been done before. I am humbled by their genuine passion for seeing others succeed. This group of innovative individuals believes that every opportunity to work in this industry is helping us make a difference," said Scardina.
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SOURCE GetMed Staffing | https://www.whsv.com/prnewswire/2022/09/08/scardina-joins-getmed-staffing-ceo/ | 2022-09-08T20:02:40Z |
PLANO, Texas, Sept. 8, 2022 /PRNewswire/ -- StaffDNA, the digital marketplace for healthcare careers, has announced the addition of PRN placement services. Beginning September 15, StaffDNA becomes the first company to offer travel, local, permanent, and PRN opportunities in a single app. With this addition, healthcare workers have more options to choose how, when, and where they want to work.
"StaffDNA's vision is to create a marketplace that gives healthcare candidates complete control over their careers. The addition of PRN placement services puts us one step closer to that goal," said Sheldon Arora, CEO of StaffDNA. "Now healthcare professionals can find, book, and manage any kind of job they're looking for without having to use multiple apps or agencies. By offering PRN opportunities, we're helping facilities fill positions quickly and efficiently, while giving healthcare professionals true scheduling freedom."
With the inclusion of PRN jobs, StaffDNA provides healthcare professionals with flexibility to take on short-term shifts that better fit their schedules or pick up extra work to meet immediate financial needs. Job seekers can access StaffDNA's full job board without having to register, and all available positions are updated in real time—giving workers full transparency into available shifts and pay. Everything can be controlled in the app, from managing profiles, to compliance, signing up for shifts, and logging hours. And by creating greater efficiencies in the hiring and onboarding process, StaffDNA is able to offer the highest pay packages available.
StaffDNA's mobile-based platform is designed to be agile, so new features and capabilities can be quickly added to meet the changing demands of the healthcare staffing industry. StaffDNA will be offering PRN nationwide, following an initial rollout in Palm Beach, Florida on September 15.
Recently surpassing 500,000 downloads in a matter of months, StaffDNA is the #1 downloaded healthcare staffing industry app, providing the widest range of professions and specialties nationwide.
Founded by the staffing veterans at LiquidAgents Healthcare, technology leaders and private investors, StaffDNA created a new staffing model that gives professionals complete control to find, book, and manage jobs independently. StaffDNA is the first digital marketplace that allows healthcare professionals to connect directly with employers, providing the freedom to find the jobs they want, all while making it easier and more efficient for healthcare facilities to manage their staffing needs. To learn more, visit www.staffdna.com. StaffDNA's app is available to download in the Apple App Store and Google Play Store.
Contact:
Tim Vanderburg
972.244.7633
tvanderburg@staffdna.com
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SOURCE StaffDNA | https://www.whsv.com/prnewswire/2022/09/08/staffdna-becomes-first-company-offer-complete-healthcare-marketplace-providing-travel-local-permanent-prn-opportunities-single-mobile-app/ | 2022-09-08T20:02:46Z |
The LLS National Patient Registry Reports Data on T-cell Production from COVID-19 Vaccines
RYE BROOK, N.Y., Sept. 8, 2022 /PRNewswire/ -- A new study from The Leukemia & Lymphoma Society (LLS), published in Blood Cancer Discovery, a journal of the American Association for Cancer Research (https://aacrjournals.org/bloodcancerdiscov/article/doi/10.1158/2643-3230.BCD-22-0077), reports that blood cancer patients who do not produce detectable antibodies after COVID-19 vaccination may have another form of protection: T-cells that are designed to attack the COVID-19 virus. Findings from the LLS National Patient Registry showed that 45% of blood cancer patients who had no detectable antibodies after two Moderna or Pfizer/BioNtech vaccines generated T-cells.
Antibodies and T-cells have critical, but distinct, jobs in fighting COVID-19. High antibodies levels neutralize the virus as soon it enters the respiratory system, preventing it from entering cells, thereby blocking infection completely. T-cells work later in the process, attacking the virus once it is inside cells, limiting virus replication and its ability to cause damage.
"As LLS continues to contribute important scientific information about how COVID-19 vaccines work, our message to blood cancer patients remains the same: get vaccinated, act unvaccinated," says study author Lee Greenberger, Ph.D., Chief Scientific Officer of LLS. "This means getting all of your vaccine doses as recommended by public health officials—they are safe, and most patients will have at least some benefit—but don't throw away your mask just yet."
Third primary dose of COVID-19 vaccine improves antibody response in many blood cancer patients
The new paper also reports on the effect of a third primary COVID-19 vaccine dose on antibody levels in blood cancer patients. About 1 in 4 blood cancer patients will not develop antibodies after the first two doses, so the Centers for Disease Control and Prevention (CDC) recommends a third primary dose in this group (plus a new bivalent booster for those 12 and older) (click here for more information). The LLS study shows that the third dose is helpful, spurring significant levels of antibodies in another 20% of those who lag behind after two doses, and leading to a sizeable increase in antibody levels for those who already have them.
However, the results are not the same across all forms of blood cancer. Patients with B-cell derived cancers, including chronic lymphocytic leukemia and non-Hodgkin lymphomas, have a reduced ability to make anti-spike antibodies compared to patients with other forms of blood cancer and the general population. B-cells are the immune cells responsible for making antibodies.
However, even in B-cell cancer patients, the T-cell part of the immune system may still respond. Researchers are still working to determine how much antibody or T cell response is needed to protect against COVID-19 infection or its worst outcomes. In addition, as COVID-19 variants emerge, protection from existing vaccines may change, which is why updated boosters that target both the new Omicron variants and the original strain of the virus are being recommended.
About the LLS T-cell study
LLS used the LLS National Patient Registry to link patient reported outcomes (including vaccination, disease type and treatment) to measurements of the immune response by sampling patients' blood. Over 12,000 patients have participated with informed consent in the LLS Registry to date; it is one of the largest databases examining the response to SARS-CoV-2 vaccination in patients with blood cancer. In prior work, LLS has reported on the ability of blood cancer patients to produce antibodies against COVID-19 after getting the mRNA SARS-CoV-2 vaccines (links here and here). In the new work the antibody response to vaccination was shown in over 1,000 and 500 participants examining the antibody and T cell response, respectively.
About The Leukemia & Lymphoma Society
The Leukemia & Lymphoma Society® (LLS) is a global leader in the fight against cancer. The LLS mission: Cure leukemia, lymphoma, Hodgkin's disease and myeloma. LLS funds lifesaving blood cancer research around the world, provides free information and support services, and is the voice for all blood cancer patients seeking access to quality, affordable, coordinated care.
Founded in 1949 and headquartered in Rye Brook, NY, LLS has regional offices throughout the United States and Canada. To learn more, visit www.LLS.org. Patients should contact the LLS Information Resource Center at (800) 955-4572, Monday through Friday, 9 a.m. to 9 p.m., ET.
For additional information visit lls.org/lls-newsnetwork. Follow us on Facebook, Twitter, and Instagram.
Contact:
Irene Tung
The Leukemia & Lymphoma Society
Irene.tung@lls.org
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SOURCE The Leukemia & Lymphoma Society (LLS) | https://www.whsv.com/prnewswire/2022/09/08/study-leukemia-amp-lymphoma-society-provides-new-information-how-blood-cancer-patients-respond-covid-19-vaccines/ | 2022-09-08T20:02:53Z |
HOUSTON, Sept. 8, 2022 /PRNewswire/ -- Tidewater and Big Bend Foundation (the "Foundation"), a 501(c)3 nonprofit foundation dedicated to historical preservation and land conservation, today announced that it seeks to acquire some or all of Aurcana Silver Corporation's ("Aurcana") assets in Shafter, TX. The principal assets of interest are the historical sites, structures and ruins located along Highway 67 in Shafter. In order to effect a transaction, the Foundation will consider the purchase of all of the Aurcana's assets in Texas.
The Foundation wishes to document, preserve, and restore these significant historical structures including a schoolhouse, general store, millworks and residences in Shafter and exhibit them to the public. In addition, the Foundation wishes to protect this important historical site from further development, including potential open-pit mining. If able to purchase the operating mine, and the surrounding raw land, the Foundation would mitigate threats to the region's aquifer, air quality, and scenic beauty.
The Foundation is well-capitalized and capable of executing a timely, all-cash transaction. To this date, the Foundation has not received a substantive response from Aurcana's senior management regarding its interest in acquiring the property. The Foundation welcomes community and stakeholder support in this endeavor. Please direct all inquiries to Henry B. Thompson, Secretary/Treasurer at hthompson@tidewaterandbigbend.org or 832-319-3801.
The Tidewater and Big Bend Foundation is a Texas 501(c)3 nonprofit, founded and endowed by John Poindexter in late 2020. The Foundation acquires, restores, reconstructs and preserves significant historical structures and expansive rural landscapes in the Big Bend region of West Texas and Tidewater, Virginia.
Complementary to building and land restoration, the Foundation acquires and exhibits historical art and artifacts and reconstructs lost structures on its properties. Through the combination of these elements, the Foundation intends to create an educational tableau of rural life in former times. Craftsmen, historians, archeologists, and academics are employed to enhance the understanding of historical structures and lands and their origins. The Foundation engages biologists and botanists in the furtherance of its mission to conserve the flora and fauna inhabiting its rural lands. To date the Foundation has acquired, or will acquire by gift, nine historical properties and 5,200 acres of rural land.
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SOURCE Tidewater and Big Bend Foundation | https://www.whsv.com/prnewswire/2022/09/08/tidewater-big-bend-foundation-seeks-acquire-aurcana-silver-corporations-shafter-tx-assets/ | 2022-09-08T20:03:00Z |
LONDON, Sept. 8, 2022 /PRNewswire/ -- True Royalty TV sends our deepest condolences to the Royal Family for the loss of their mother, grandmother, and great grandmother, and to the people of Great Britain and the Commonwealth for the death of their beloved Queen.
On this sorrowful day, we are reminded of Her Majesty's own words in November last year, "None of us can slow the passage of time."
Queen Elizabeth II enjoyed a long and productive reign, touching the lives of millions around the world. She dedicated her whole life to service and was the longest reigning monarch in British history.
As a streaming platform dedicated to documenting the lives, work and history of the Royal Family, we have a deep appreciation of Her Majesty's impact around the world, and share in the collective grief of her passing. We will be celebrating her 70 years on the throne and preserving the memory of her unparalleled reign.
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SOURCE True Royalty TV | https://www.whsv.com/prnewswire/2022/09/08/true-royalty-tv-statement-passing-her-majesty-queen-elizabeth-ii/ | 2022-09-08T20:03:07Z |
Clinics in Allentown, New Tripoli and Whitehall
BIRMINGHAM, Ala., Sept. 8, 2022 /PRNewswire/ -- Upstream Rehabilitation, the nation's largest dedicated outpatient physical therapy provider, has added a new clinic partner in Pennsylvania's Lehigh Valley.
Transform Rehabilitation has single clinics in Allentown, New Tripoli and Whitehall. The parties completed the transaction on Tuesday.
New Jersey natives and childhood friends Kyle Lance and Thomas Fraind founded Transform Rehabilitation in late 2018 and saw their first patients at the start of 2019.
"We've been successful, with year-over-year growth in each of the clinics," said Lance, who earned a doctor of physical therapy degree from the University of Scranton. "But Thomas and I were looking for a partner that can enhance our administrative functions, recruiting and expansion plans."
Fraind, who received a doctor of physical therapy degree from Thomas Jefferson University, noted that the partnership will help Transform grow while allowing its founders to remain active in their communities.
"Kyle and I are clinicians first and foremost, and caring for our patients and the communities where we all live is what drives our practice," Fraind said. "That approach will be enhanced as we grow Transform into a bigger, more successful business with Upstream."
Phil Christian, Upstream's senior vice president of business development, worked closely with the founders on the transaction.
"We're thrilled to welcome Kyle, Thomas and their team to the Upstream family," Christian said. "They have a strong vision for what they want Transform to become, and Upstream sees a great opportunity to help them achieve it."
For more information about Transform, visit transformrehabilitation.com.
Birmingham, Ala.-based Upstream (urpt.com) also serves Pennsylvania through its Drayer Physical Therapy brand, which has more than 60 clinics throughout the state.
Upstream's other acquisition partners this year include Oasis Physical & Sports Rehab in Washington, Rapid Rehabilitation in Virginia, Crescent Physical Therapy in South Carolina, and ACTS Occupational and Physical Therapy in Louisiana.
Overall, Upstream comprises more than 1,200 owned or managed clinics in 28 states.
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SOURCE Upstream Rehabilitation | https://www.whsv.com/prnewswire/2022/09/08/upstream-rehabilitation-partners-with-transform-rehabilitation-lehigh-valley-pa/ | 2022-09-08T20:03:14Z |
Venerable non-profit organization honors four exemplary partners
instrumental in South LA's revitalization
LOS ANGELES, Sept. 8, 2022 /PRNewswire/ -- Vermont Slauson Economic Development Corporation will host the annual Partners Appreciation Mixer on Friday, September 9 at The Conference Room Restaurant in Playa Vista. Attendees will include core VSEDC partners, including corporate, foundation, and bank partners, as well as other community leaders who have supported VSEDC's programs, services, and CDFI.
During the event, VSEDC will honor four partners who have made extraordinary contributions in South LA, including Jack Olree with Wells Fargo for "Bank Partner of the Year"; Senator Steve Bradford of California Senate District 35 for "Government Partner of the Year"; Corie Barry with Best Buy for "Foundation Partner of the Year"; and Ted Sarandos with Netflix for "Corporate Partner of the Year." Additionally, VSEDC will honor Wah Gwaan Jamaican Kitchen & Bar – VSEDC client – as "Outstanding Business of the Year."
"VSEDC is honored to have the support of so many generous partners who are committed to supporting South Los Angeles, including our small businesses, young people, and our community," says CEO of VSEDC, Joseph T. Rouzan, III. "For too long, our community has been overlooked and underserved, but our partners affirm that they are renewed in their commitment to create an economically sustainable and successful region."
Based in the heart of South LA, VSEDC has been serving minority- and women-owned small businesses in the region for over 41 years. The non-profit works to create an equitable future and thriving local economy through customized one-on-one technical assistance, and economic development services. In 2018, VSEDC became a CDFI non-traditional lender with a revolving loan fund to infuse the local economy with capital. VSEDC's affordable small business loans supply needed funds to businesses that are historically ineligible for loans from traditional lenders, such as banks.
Vermont Slauson Economic Development Corporation (VSEDC) is a community-based nonprofit and Community Development Financial Institution (CDFI) recognized for decades of technical and entrepreneurial assistance to South LA small businesses, start-ups and entrepreneurs. The service VSEDC provides serves to drive community self-sufficiency, facilitate business growth, access to affordable housing, goods and services, and job creation. VSEDC achieves this through youth education and entrepreneurial projects, CDFI programs, and fundraising efforts. Find out more about VSEDC at www.vsedc.org, Facebook and Instagram.
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SOURCE Vermont Slauson Economic Development Corporation | https://www.whsv.com/prnewswire/2022/09/08/vermont-slauson-economic-development-corporation-host-annual-partners-appreciation-mixer/ | 2022-09-08T20:03:20Z |
Top creator management firm We Are Verified's executive hire signals expansion into web3 and creator entrepreneurship.
LOS ANGELES, Sept. 8, 2022 /PRNewswire/ -- We Are Verified is moving beyond talent management to building creator economy companies with new key executive hire Phil Ranta, formerly CEO of Wormhole Labs and Head of Gaming Creators North America at Facebook, as their Chief Operating Officer and new top-tier talent signings. Ranta spent the past two years as an advisor to the company.
We Are Verified, helmed by CEO Jordan Worona, is best known as a culture-moving talent management company featured in MTV's Tana Turns 21 and their impressive roster of over 100 managed talent. The past year has seen exponential growth within WAV's creator services department, which included the launch of NFT projects, podcasts, and end-to-end management and strategy on fan platforms. Phil Ranta is joining WAV as their Chief Operating Officer to continue expanding creator services efforts, as well as brand, web3, and platform relationships.
"Through our time working together at Fullscreen and Studio71, I've always been blown away by Jordan Worona's talent development skills." Ranta noted, "I'm thrilled to be joining this best-in-class team to build a 21st century value proposition for WAV's creative entrepreneurs."
"In 2022 alone we've helped create over 1,000 pieces of branded content and generated over $10m in value for our clients. With new expansions in both our team and our partners, we expect to triple that goal in 2023," Worona says, "With the best-in-class industry expertise of Phil Ranta on the team, we'll unlock web3, investment, and platform partnership relationships as well."
Phil Ranta will still be involved at Wormhole Labs where he will continue as a Board Member, as he will with his previous advisory positions at Alfan Group, SOLIS, Brand Army, and Influencer Stuff.
With influencer marketing spend projected to reach $16.4 billion in 2022 and creator investment companies reaching unicorn status, We Are Verified is poised for exponential growth.
"I've spent nearly two decades in the creator economy, starting with branded profiles on MySpace and blip.tv," Ranta says, "It's time to help define the next evolution in the space."
About We Are Verified: We Are Verified is a digital talent management and brand services company founded in 2017 by CEO Jordan Worona, known for onboarding talent that moves culture. With over 100 talent under management reaching 250 million followers, brands trust We Are Verified to help them find their 'cool factor' through social content. We Are Verified have helped ideate, produce, and execute over 1,000 pieces of branded content in 2022 alone with over 100 talent. Along with a talent management division, We Are Verified has a creator services department that have produced breakthrough podcasts (Haley Elizabeth's Behind You, Chase Keith's The Caustic Show), NFT projects with Gloom-E-girls and Crypto.com/NFT, and end-to-end platform management services on Brand Army, OnlyFans, Centerfold, and more.
About Phil Ranta: Previously, Phil Ranta was the CEO of Wormhole Labs where he created social white-label metaverses as digital twins of the real world and co-created the NFT project 'Own Every Word' with Crypto.com/NFT which has driven over $1m in sales in 2022 alone. Phil was also the Head of Gaming Creators, North America at Facebook and the Head of Creators at Mobcrush. In both roles, the departments saw significant growth working with top game streaming talent including Ronda Rousey, Disguised Toast, Corinna Kopf, Shroud, and Nate Hill, to name a few. Phil was the COO of Studio71, one of the world's largest MCNs, growing the network from 1 billion to over 8 billion monthly views in 3 years with over 1,000 creators. Before S71, Phil joined Fullscreen as the Head of Channel Partnerships as the 9th employee, completing his tenure as the VP of Networks. He grew the network to the largest MCN in the world (on comScore) in less than 1 year. He was the recipient of Fullscreen's first "Founders Award" for his role in building the industry-leading company. As a creator, Phil produced hundreds of hours of successful, digital-endemic original content.
Media Contact: admin@weareverified.co
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SOURCE We Are Verified | https://www.whsv.com/prnewswire/2022/09/08/we-are-verified-hires-digital-media-veteran-phil-ranta-coo-scale-creator-services/ | 2022-09-08T20:03:27Z |
Ken Crutchfield will join esteemed industry experts to discuss the shifting dynamics between law firms and corporate counsel, technology's impacts on the legal industry, and more
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- Ken Crutchfield, Vice President & General Manager of Legal Markets at Wolters Kluwer Legal & Regulatory U.S., will moderate a panel to mark the release of the highly anticipated Wolters Kluwer Future Ready Lawyer 2022 Survey Report. The webinar, titled "Future Ready Lawyer 2022: Changing Client & Law Firm Expectations," will take place on Wednesday, September 14, 12pm – 1pm ET.
Crutchfield will present key findings from this year's survey, which explores the evolving demands on legal professionals, technology's role in the practice of law, shifting workplace trends within the industry, and more. The webinar will feature several acclaimed industry leaders, including Mark W. Brennan, Tech and Telecoms Sector Group Leader at Hogan Lovells; Jennifer Dixon, Research and Learning Librarian at Cleary Gottlieb and Adjunct Professor at Fordham University's School of Law; Dennis Garcia, Assistant General Counsel at Microsoft; Marc Lemberg, General Counsel at Strategic Financial Solutions; Nikki Shaver, CEO and Co-founder at Legaltech Hub and Adjunct Professor at Cardozo School of Law; and Richard Tromans, Founder at Artificial Lawyer, Founding Consultant at Tromans Consulting and Founder and Chair at the Changing Legal Think Tank.
"The Wolters Kluwer Future Ready Lawyer 2022 Survey Report offers a unique perspective into the significant forces of change that legal professionals are facing and their implications for the profession," said Crutchfield. "This webinar will shed light on key findings from this year's report and provide valuable insight from industry leaders on how legal professionals and organizations can implement change and drive innovation to effectively prepare for the future."
The Wolters Kluwer Future Ready Lawyer 2022 Survey Report was conducted online by a global independent research firm on behalf of Wolters Kluwer Legal & Regulatory, with insights drawn from legal professionals in law firms, corporate legal departments, and business services firms. The survey covers trends affecting lawyers, the future of law as the industry overall undergoes a significant transformation, and how well-prepared legal organizations are to drive higher performance. One of the notable topics from this year's report is trends in talent, with 69% of corporate lawyers expecting to work remotely from home all or part of the time going forward. The full survey report will be released on September 14.
To register for the webinar and learn more, visit: Future Ready Lawyer 2022: Changing Client & Law Firm Expectations
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk, and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Twitter, Facebook, and YouTube.
MEDIA CONTACT:
Linda Gharib
Director, Brand & Communications
Wolters Kluwer Legal & Regulatory U.S.
Tel: +1 (646) 887-7962
Email: lrusmedia@wolterskluwer.com
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SOURCE Wolters Kluwer Legal & Regulatory U.S. | https://www.whsv.com/prnewswire/2022/09/08/wolters-kluwer-thought-leader-moderate-webinar-launch-wolters-kluwer-future-ready-lawyer-2022-survey-report/ | 2022-09-08T20:03:34Z |
CHICAGO, Sept. 8, 2022 /PRNewswire/ -- Zekelman Industries announced today that it is nearing completion of its newest state-of-the-art facility constructed to produce a wide range of galvanized tubular products for the electrical, fence, solar tracker and solar foundation markets. It is located just west of Chicago in Rochelle, IL, a city known as the "Hub City," with great access to rail and major interstate routes. This facility is the company's 18th factory. It has 1 million square feet under roof, including four in-line galvanizing tube mills with capacity to exceed 300,000 tons annually and an automated hot-dip galvanizing line capable of production in excess of 100,000 tons annually. The facility will support Wheatland Tube, Western Tube and Picoma customers.
This facility utilizes cutting-edge technology for both in-line and hot-dip galvanizing operations. Barry Zekelman, chairman and CEO, said, "Our engineering efforts on the front end were focused on the goal to build a world-class facility that sets the standard for safety, quality and productivity, while ensuring sustainable manufacturing practices." When fully operational, these mills will be the fastest in the world, feeding directly into the factory's automated warehouse to deliver the highest quality products and solutions to customers.
Tom Muth, executive vice president and COO of the tube and pipe division, indicated, "While initial production has already started on two of the high-speed in-line galvanization mills, we will be working through the end of this year to complete installation and commissioning. We couldn't be prouder of our dedicated team and network of contractors who are making this happen, along with the support we have received from the City of Rochelle."
Full operations are set to commence in January of 2023. The company is currently hiring, with plans to add another 150 employees by December 2022.
Zekelman Industries includes the operating divisions of Atlas Tube, Picoma, Sharon Tube, Wheatland Tube, Western Tube and Z Modular. It is the largest independent manufacturer of hollow structural sections (HSS) and steel pipe, and the top producer of electrical conduit and elbows, couplings and nipples in North America. Zekelman Industries delivers a broad range of pipe and tube solutions that build its customers' success.
For more information, visit zekelman.com
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SOURCE Zekelman Industries | https://www.whsv.com/prnewswire/2022/09/08/zekelman-industries-nears-completion-most-technically-advanced-galvanized-tube-manufacturing-facility-north-america/ | 2022-09-08T20:03:40Z |
Boy suffers unexpected brain bleed, prognosis uncertain, parents say
BOSQUEVILLE, Texas (KWTX/Gray News) - A child in Texas suffered a brain hemorrhage that his family said was completely unexpected. Six months later, his prognosis is still uncertain.
Colter Clements’ life suddenly changed forever on March 6. He was on spring break with his family when his father, Jason Clements, said the unthinkable happened.
“He was with all the kids, and luckily when he told his brother his head felt like it exploded, his brother actually took him seriously,” Clements told KWTX.
Colter’s brother Cooper took him to see their mom, Jill Clements, who said she at first thought her youngest son was just being dramatic.
“He just kind of walked up and said, ‘Mom, my head hurts, and kind of fell down on the ground … and then eyes rolled back in his head, and we called 911,” she said.
It was then planned for him to be flown to a children’s hospital in Fort Worth. However, the weather didn’t allow it.
Jill Clements said the delay caused them to lose time. She said, by the time they got him to a hospital and into surgery, the doctors said they had lost five or six hours and “didn’t know what kind of neurological damage was done.”
At the hospital, Jill Clements said Colter went straight to surgery to relieve the pressure in his brain.
He stayed at the hospital for 37 days, mostly under intense sedation.
“We switched off in hotels every night: she would stay, next night I would stay,” Jason Clements said.
Then, finally, Colter woke up.
“I was with my mom at the time, and I remember it was just a really powerful moment,” Jill Clements said. “He looked me in the eyes, and I knew he was in there. It’s a moment when you look in your child’s eyes and you see that they’re there, and we just knew that his personality was there, and he was going to be OK.”
Although he was awake, Colter’s hospital journey was far from over. After a month at the Cook Children’s Hospital, he went to an aggressive inpatient rehab facility in Dallas.
Colter finally came home in June as the community of Bosqueville lined the streets.
“We just knew that when he got here, he would flourish and thrive, and that’s exactly what he’s done,” Jason Clements said. “Being home with his brother, his pets, all of his things, his hamster, his cats, everything, it just brings a smile to his face and because of that he works hard to do what he needs to do to get back to where he was before.”
At 9 years old, Colter can understand a lot but still has to re-learn how to walk and talk through hours of daily therapy.
His parents said the most frustrating part of the whole ordeal was that there was no warning.
“If we could have known, we would have absolutely done anything and everything that we could have, so that’s probably the most difficult part of this,” Jills Clements said. “It’s like time stands still, you have these memories of the baby thats in the pictures around the house and my child prior to the bleed, and now it’s just a different version of Colter.”
Since Colter’s brain bleed, both of his parents have returned to work.
At first, Jill Clements, who works in a non-medical practitioner role, was taking on all of Colter’s care herself at home. In the last few weeks, they got a full-time home health nurse.
“I never knew what it would be like on the other side of it,” she said. “Be an advocate for your child, but also lean on your family, your community, and allow them to give. That was hard for both of us; it was hard to accept that.”
To help pay for his medical expenses, the community came together in August to throw the Colter Classic, a benefit for the Clements family.
“We couldn’t believe how many people were there, all of our friends and family, the whole community, it was bananas,” Jason Clements said. “There are no words for it.”
Through Colter’s struggles, he’s had an entire community cheering him on.
Jill Clements said the community has been behind Colter “since day one” and is thankful.
Jill Clements said the best support for her has been prayers.
“This has definitely strengthened our faith; there’s something about a life-altering event that brings you to your knees that will humble you pretty quickly,” she said.
They’re hoping the prayers will continue as doctors have found a cavernoma on Colter’s brain stem.
“It came to the surface, so you either risk another bleed, or they can do surgery,” Jill Clements said. “We’re debating which direction to go, that’s high-value real estate, so it’s not something you jump to do surgery on.”
In the meantime, Colter’s parents have put him back in school for a couple of hours each week. They said his school and classmates were very welcoming.
The Clements said Colter’s prognosis is uncertain, but they remain hopeful.
“One of the neurosurgeons told us he suspected he would make a significant recovery,” said Jill Clements. “The others will tell you that every child is different and every child has a unique recovery. It’s just an emotional roller coaster, just not knowing. It’s the unknown; we’re definitely not out of the woods yet.”
Copyright 2022 KWTX via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/08/boy-suffers-unexpected-brain-bleed-prognosis-uncertain-parents-say/ | 2022-09-08T20:25:08Z |
Justice Dept. appeals judge’s order allowing for outside review of records from Trump’s Florida home
WASHINGTON (AP) — The Justice Department said Thursday that it was appealing a judge’s decision granting the appointment of an independent arbiter to review records seized by the FBI from former President Donald Trump’s Florida home.
The department also asked U.S. District Judge Aileen Cannon to put on hold her directive prohibiting it from using the seized records for investigative purposes while it contests her ruling to a federal appeals court.
Law enforcement officials said they would suffer “irreparable harm” if Cannon’s directive remained in place, noting that uncertainty about the boundaries of the judge’s order had led the intelligence community to temporarily halt a damage assessment of the classified records taken from Mar-a-Lago.
“Moreover, the government and the public are irreparably injured when a criminal investigation of matters involving risks to national security is enjoined,” the Justice Department motion stated.
U.S. District Judge Aileen Cannon on Monday granted the Trump team’s request for a so-called special master and temporarily blocked the Justice Department from using for investigative purposes the thousands of records taken from Mar-a-Lago during the Aug. 8 search.
That order has the likely impact of slowing the pace of the investigation into the presence of classified documents at the Florida property.
The Justice Department, which had strenuously opposed such an appointment, filed a notice of appeal Thursday, saying it was contesting the ruling to the Atlanta-based 11th U.S. Circuit Court of Appeals.
Cannon, a Trump appointee, said the yet-to-be-named special master will be responsible for reviewing the records from Mar-a-Lago and segregating out those that are potentially protected by attorney-client privilege or executive privilege.
The Justice Department has been investigating what it says was the unlawful retention of national defense information at Mar-a-Lago as well as efforts to obstruct the probe. It is not clear whether Trump or anyone else will face charges.
The two sides were directed to submit proposed names of a special master by Friday. That role is often filled by a lawyer or former judge.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/09/08/justice-dept-appeals-judges-order-allowing-outside-review-records-trumps-florida-home/ | 2022-09-08T20:25:14Z |
Artexpo Dallas opens next week at the Dallas Market Center. It'll offer paintings and sculptures from galleries in Berlin, Tokyo, Miami and Toronto -- along with some 30 galleries from around Texas, including ones from El Paso, Austin and Houston.
But the fact it's taking place in the Dallas Market Center tells you one way it's distinct from the Dallas Art Fair.
Julia Ross is director of Art Gallery Pure, based in Plano. Her gallery participated in Artexpo New York last year and will be exhibiting 10-15 artists in the new Dallas show as well.
"The Dallas Art Fair, for the most part, provides international exhibits coming in in a very expensive range," she said. "Artexpo Dallas is going to provide a more affordable option."
In fact, Artexpo Dallas has partnered with the WestEdge Design Fair to offer home furnishings and interior design as well. The event will be a prelude to Texas Design Week, Sept 19-23, held at different locations in the Design District. There's also a 'sister show' within Artexpo, called [SOLO], which is designed to showcase "established and emerging artists."
Redwood Art Group is the company behind Artexpo. It draws nearly a million people to its trade shows around the country.
And they fully expect to make Artexpo Dallas an annual event.
Artexpo Dallas, Sept 16-18, at the Dallas Market Center, 216-225-0962.
Got a tip? Email Jerome Weeks at jweeks@kera.org. You can follow him on Twitter @dazeandweex.
Art&Seek 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/arts-culture/2022-09-08/enjoy-paintings-and-sculptures-but-not-the-sticker-shock-a-new-art-expo-heads-to-dallas-just-for-you | 2022-09-08T20:25:32Z |
Every year, right after Labor Day weekend, I get this sinking feeling in my gut. The days are getting shorter, and the reality of a new season is settling in. I’ve had this knot of anxiety for as long as I can remember. Even though I haven’t been a full-time student in decades, I can’t shake the feeling that the official end of summer means all the fun is over.
I try to remind myself that crisp fall days and cold nights simply mean there’s a shift. Not the end of one thing, but the beginning of something else. In terms of cooking and time spent in the kitchen, it means a renewed interest in turning on the oven again and roasting dinner or simmering up soups and stews. But during the early fall what I don’t have, like many others, is a lot of time.
This is the season when kids go back to school, activities resume, work kicks up a notch and the word “busy” comes up in conversation quite a bit. For many, this means that dinnertime and cooking preparations get cut short. We have this belief that ordering a pizza or getting takeout is the only answer to the time crunch that comes with a new school year and a busy fall season. But here’s a shout-out to the parents and all those who feel that with the end of summer approaching there just isn’t time to cook. I propose a different way of looking at the situation.
What if you cooked once and it gave you possibilities for the rest of the week? Roast a chicken (or better yet roast two at the same time) surrounded by potatoes and late summer/early fall vegetables. All in one roasting pan. (That’s right. Just one dish to wash at the end of the night.) There’s dinner for tonight. But wait … You still have half a chicken (or a whole chicken if you have a larger family and roasted two) and now things get interesting. Tomorrow you can pack up a chicken salad sandwich with a tarragon and caper mayonnaise. And then, the next night you can use those last leftover slices of roast chicken to make a quick, flavorful curry spooned over rice.
Cook once. Get three meals. Now, who’s got time to make dinner?
Roast chicken with lemon and the last summer herbs
Roast chicken with lemon and the last summer herbs. (Kathy Gunst/Here & Now)
If you’re going to roast a chicken and you have more than two or three people at your table, why not roast two chickens? It literally takes almost no more time or effort and you will be left with so many possibilities for lunches and dinners in the coming week.
Here chicken is stuffed with a lemon (which flavors the inside of the bird as well as the juices) and a simple garlic-herb butter is tucked under the breast and onto the outside skin of the bird. You surround the bird with potatoes and any vegetables you have on hand — zucchini wedges, fennel slices, carrots, parsnips, leeks, onions, garlic, turnips, etc. You can use as many or few varieties as you like.
The chicken is roasted at high heat for the first 20 minutes (to ensure a crisp skin) and then the oven is lowered and roasted until everything is tender and fully cooked. Figure 1 to 1 ½ hours, depending on the size of the bird. Your whole meal is there in one roasting pan. Maybe you want a green salad? No problem.
If you roast two chickens you don’t really need to double the potatoes or vegetables since they are really only for the first meal.
Serves 2 to 4.
Ingredients
- 2 tablespoon butter, at room temperature
- ¼ cup fresh herbs, parsley, chives, basil, rosemary, tarragon, thyme or any combination you have, finely chopped
- 5 cloves garlic, 1 finely chopped and the remaining 4 thinly sliced
- Salt and freshly ground black pepper
- 1 lemon, with an “X” cut into the skin
- 1 roasting chicken, about 2 ½ to 4 pounds
- 8 to 12 new potatoes left whole, or 2 large potatoes, peeled and cut into quarters
- About 2 to 4 cups vegetables, peeled if needed and cut in 2-inch chunks if large or left whole if small, see above for ideas
- 1 ½ tablespoon olive oil
- 1 cup dry white or red wine, optional
Instructions
- Preheat the oven to 450 degrees.
- In a small bowl mix the butter, half the herbs, the one clove of chopped garlic, salt and pepper. Using your fingers, gently separate the breast skin from the meat and tuck a tablespoon of the butter onto the breast and under the skin. Repeat on the other side of the breast. Rub the remaining herb butter all over the outside of the chicken.
- Place the lemon into the cavity of the bird. Place the chicken into a large roasting pan or sheet pan.
- Surround the bird with the potatoes and vegetables, remaining herbs, and sliced garlic, and sprinkle the oil over the vegetables and potatoes. Season everything with a generous dash of salt and pepper. (The chicken can be prepared up to 12 hours ahead of time. Cover and refrigerate until ready to roast.)
- Place the chicken and vegetables on the middle shelf and roast for 20 minutes. Reduce the temperature to 375 degrees, add the wine on top of the bird, if using, toss the potatoes and vegetables, and roast for another 45 to 55 minutes, depending on the size of your bird. To test for doneness, gently wiggle the drumstick; it should feel loose, or insert a small sharp knife just above the wing or in the thickest part of the thigh and when the juices run clear and not pink the bird is done.
- Remove from the oven and let cool for 5 minutes. Remove the lemon and carve the chicken. Serve the chicken with the potatoes and vegetables, topped with juices from the bottom of the roasting pan.
Quick chicken, potato and squash curry
This is one of my favorite ways to use leftover cooked chicken. The whole curry comes together so quickly, but it tastes like it’s been simmering all day. You’ll need to buy curry paste and coconut milk at the grocery store.
Serves 2 to 4.
Ingredients
Quick chicken, potato and squash curry. (Kathy Gunst/Here & Now)
1 tablespoon safflower or vegetable oil
Garnishes:
- 2 scallions, finely chopped, white and green sectioned
- 1 lime, cut into wedges
- ½ cup salted peanuts, optional
- Hot pepper sauce, optional
*You can usually find red and green curry paste in the Asian food section of many grocery stores or online.
Instructions
- In a large skillet, heat the oil over low heat. Add half the ginger and the onion, salt and pepper and cook, stirring occasionally, for 5 minutes. Add the potato, half the scallions, half the chili pepper or hot pepper sauce, and the squash or other vegetable and stir to coat all the ingredients; cook for 3 minutes. Add the curry paste, stirring well to coat all the ingredients; cook for 2 minutes. Stir in the chicken, remaining ginger, scallions, chili pepper or hot pepper sauce and then the coconut milk, and water. Raise the heat to high and bring to a boil. Reduce the heat to low, cover and cook for 15 minutes or until the potatoes and vegetables are just tender. Season with more salt and pepper as needed.
- Serve in a bowl with the garnishes on the side and let everyone add the lime, peanuts, hot sauce and scallions.
Roast (leftover) chicken salad sandwich with tarragon mayonnaise and capers
Roast (leftover) chicken salad sandwich with tarragon mayonnaise and capers. (Kathy Gunst/Here & Now)
This is a pretty sophisticated sandwich for most kids, but a great choice for a to-go lunch for any adult. For kids, you can substitute chopped pickles for the capers and add about a tablespoon of lemon juice instead of herbs to the mayonnaise. Serve with pickles, olives, and raw sticks of carrots and celery. This will make two hearty sandwiches or 4 open-faced sandwiches.
Makes 2 traditional sandwiches or 4 open-faced sandwiches.
Ingredients
- ⅓ cup mayonnaise
- 2 scallions, very finely chopped, white and green sections
- 3 tablespoons fresh tarragon or dill, finely chopped
- 2 tablespoons fresh finely chopped chives, optional
- Salt and pepper to taste
- 2 cups cubed cooked chicken from roast chicken
- ¼ cup capers or thinly sliced caperberries, or finely chopped pickles
- Several crisp lettuce leaves
- 4 slices your favorite bread
Instructions
- In a medium bowl mix the mayonnaise, scallions, herbs, and salt and pepper to taste. Fold in the chicken and capers (or pickles) and taste for seasoning.
- Place your bread on a work surface and top 2 slices with the lettuce. Divide the chicken salad on the other two slices of bread and place the lettuce half on top. Cut in half or quarters. If making open-faced sandwiches, place the lettuce on all four pieces of bread. Divide the chicken salad on top.
Another great way to use chicken leftovers is to make soup or use the carcass to make chicken stock. Find more ideas here:
- Not quite stuffed? 4 recipes to give Thanksgiving leftovers new life
- Winter soups to warm you up when it’s cold outside
- How you can start a ‘soup swap’ with family and friends
This article was originally published on WBUR.org.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2022-09-08/1-roast-chicken-3-meals-make-the-most-of-your-kitchen-time-as-fall-begins-and-life-gets-busy | 2022-09-08T20:25:32Z |
It took Queen Elizabeth II nearly 40 years of her 70-year reign — the longest in British history — to make her first and only trip to Texas. Despite that, she had a lasting impression on the Lone Star State — one that Texans are reflecting on in light of the 96-year-old’s death.
The year was 1991, and Elizabeth was 65. She met with several important women in Texas politics, including then-Gov. Ann Richards, San Antonio’s first female mayor Lila Cockrell, Houston’s first female mayor Kathy Whitmire, and Dallas’ second female mayor Annette Strauss. Also in Dallas, she met Fort Worth’s first female mayor Kay Granger, who was sworn into office just hours earlier.
The queen also met with Texan and former first lady Lady Bird Johnson at the LBJ Library in Austin. Elizabeth had never formally met the library’s namesake, former President Lyndon B. Johnson, who died in 1973, four years after his presidency ended.
“To the best of our knowledge, President Johnson and Queen Elizabeth did not meet during his time in office; the only president she did not meet during her reign,” officials with the LBJ Library told The Texas Newsroom.
Starting her three-day trip in Austin — the only Texan city on the queen’s itinerary with a male mayor — Richards accompanied Elizabeth on Capitol grounds where a ceremony was held.
According to the University of Texas at Austin Libraries, the queen told the crowd, “No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born Texans.”
In San Antonio she rode with Cockrell on the River Walk on a barge. She also visited the Alamo.
When the queen and her husband Prince Phillip landed at Dallas Love Field, they were met with another ceremony, with music and mariachi performances.
Their trip coincided with Dallas’ 150th anniversary, and a special reception and dinner was held. Protestors — including two city council members — gathered at Fair Park to express concerns over recently approved redistricting plans.
In Houston, she toured the city’s new Veteran Affairs Medical Center and the Johnson Space Center, according to the Houston Chronicle. Richards rejoined the queen that evening for a banquet at the Museum of Fine Arts Houston.
Queen Elizabeth II departed the Lone Star State at Ellington Air Force Base at the end of her tour.
Ana Campbell with The Texas Newsroom contributed to this story.
Copyright 2022 Texas Public Radio. To see more, visit Texas Public Radio. | https://www.keranews.org/news/2022-09-08/when-queen-elizabeth-ii-came-to-texas-she-met-with-5-influential-women-in-politics-but-never-lb | 2022-09-08T20:25:38Z |
Sorry, Android users.
Those green bubbles that appear around text messages you send to your friends and family with iPhones don't appear to be going away anytime soon.
Apple CEO Tim Cook seemed to reject the idea of adopting a new messaging protocol on the company's devices that would make communicating with Android users smoother.
"I don't hear our users asking that we put a lot of energy in on that at this point," Cook said about implementing the RCS standard on iPhones, according to The Verge. He was speaking during Vox Media's Code 2022 event on Wednesday.
Apple uses its own iMessage service.
When Vox Media's LiQuan Hunt complained to Cook that his mother couldn't see the videos he sent her because they had different phones, the Apple chief replied: "Buy your mom an iPhone."
The blue and green bubbles, explained
In the early days of mobile messaging, cell phone users could send each other short text messages of no more than 160 characters. That was called SMS, or Short Message Service.
MMS, or Multimedia Message Service, built on that by allowing users to send a photo or short video.
Now texting is much more than that. That's where RCS – which stands for Rich Communication Services – comes in.
RCS is a new messaging standard used by Google and other telecom companies that supports group chats and read receipts, lets users send higher quality photos and videos and has end-to-end encryption, among other features.
If it sounds a lot like iMessage, that's because it is.
But iMessage is only available to Apple users. When an Android user texts someone with an iPhone, their message appears as an SMS or MMS message, because Apple doesn't support RCS. Hence the pixelated images and buggy group chats.
Texts sent via iMessage show up as blue bubbles on iPhones, while their SMS/MMS counterparts are green.
Google rolled out RCS for Android users in the U.S. in 2019. The company has launched a PR campaign aimed at shaming Apple into adopting RCS, but so far the iPhone maker hasn't budged.
Internal Apple emails showed executives arguing that allowing iMessage on Android devices would "hurt us more than help us" and that restricting the app to Apple users had a "serious lock-in" effect, according to The Verge.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2022-09-08/apple-ceo-tim-cooks-fix-for-those-pesky-green-text-bubbles-buy-your-mom-an-iphone | 2022-09-08T20:25:39Z |
NEW YORK — Steve Bannon, who managed Donald Trump's successful 2016 campaign for the presidency and served his administration as a White House adviser, pleaded not guilty Thursday to New York state charges that he laundered money by diverting funds donated to the We Build the Wall organization.
The organization, launched in 2018, raised more than $15 million after promising to help build a wall on the U.S.-Mexico border to curb illegal immigration.
Bannon was indicted under state law in New York on six charges, including two counts of money laundering and one count of conspiracy.
"It is a crime to turn a profit by lying to donors, and in New York, you will be held accountable," Manhattan District Attorney Alvin Bragg said in a written statement. "As alleged, Stephen Bannon acted as the architect of a multimillion dollar scheme to defraud thousands of donors across the country – including hundreds of Manhattan residents."
New York Attorney General Letitia James, whose office worked with Bragg's on the investigation, said Bannon's conduct was particularly egregious because he was well-known as an influential ally of former President Trump.
"There cannot be one set of rules for everyday people and another for the wealthy and powerful," she said.
Bannon strongly denied the accusations.
"It's all nonsense. They will never shut me up," The Associated Press reported Bannon as saying when he left court.
The indictment closely tracks a case brought against Bannon in 2020 by the U.S. Justice Department. In that case, two of Bannon's co-defendants pleaded guilty, and a third received a mistrial and may be retried.
Bannon pleaded not guilty but was never tried because President Trump pardoned him on his final day in office. The White House said at the time, "Mr. Bannon has been an important leader in the conservative movement and is known for his political acumen."
The next month, The Washington Post reported that the Manhattan district attorney had begun looking at whether Bannon could be charged under state law.
The then-president's pardon covers only federal crimes, not the state crimes with which Bannon has now been charged.
Bannon's lawyers may argue that the charges should be dismissed under New York's double-jeopardy law.
Paul Manafort, another Trump adviser, successfully argued for the dismissal of state charges against him in 2019. But, unlike Bannon, Manafort had been tried and convicted in federal court before he was charged in New York. Like Bannon, Manafort received a pardon from Trump in the final month of his presidency.
Before joining the Trump campaign in 2016, Bannon rose to prominence as an executive at Breitbart, a right-wing website.
District Attorney Bragg and Attorney General James have experience bringing oversight to Trump and his dealings. They cooperated on an investigation that resulted in criminal tax evasion and conspiracy charges against the Trump Organization and its former CFO, Allen Weisselberg, in 2021. Weisselberg has pleaded guilty.
The Trump Organization is scheduled to be tried starting in October.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2022-09-08/bannon-pleads-not-guilty-to-n-y-charges-on-build-the-wall-money-laundering | 2022-09-08T20:25:45Z |
Bernard Shaw, the CNN anchor who was a mainstay for the network for more than 20 years, died Wednesday at age 82. In a statement, his family announced that Shaw died of pneumonia unrelated to COVID-19.
Shaw was with CNN when it launched in 1980, and served as its first chief anchor. He retired in 2001.
Shaw was born May 22, 1940, and grew up in Chicago, and attended the University of Illinois at Chicago before joining the Marines. Even then, he knew that he wanted to pursue journalism. He began his reporting career in his hometown, and went on to work for CBS News and ABC News, reporting from Congress, the White House and Latin America.
During the years that many viewers began turning to CNN to watch breaking news unfold, it was often Shaw whom they saw on screen: after the 1981 assassination attempt against then-President Ronald Reagan, during the massacre at Tiananmen Square in Beijing in 1989, live from his hotel room in Baghdad during the First Gulf War in 1991, and during the contentious 2000 presidential election.
In a 2014 interview with NPR's Tell Me More, Shaw spoke about his famously cool head during crises.
"One of the things I strove for," he told host Michele Martin, "was to be able to control my emotions in the midst of hell breaking out. And I personally feel that I passed my stringent test for that in Baghdad. The more intense the news story I cover, the cooler I want to be. The more I ratchet down my emotions, even the tone of voice because people are depending on you for accuracy, dispassionate descriptions of what's happening. And it would be a disservice to the consumers of news — be they readers, listeners or viewers — for me to become emotional and to get carried away."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2022-09-08/bernard-shaw-longtime-cnn-anchor-has-died-at-82 | 2022-09-08T20:25:51Z |
Police in Las Vegas have arrested a county official on an open murder charge in the death of Las Vegas Review-Journal investigative reporter Jeff German, who was found stabbed outside his home on Saturday.
Authorities on Thursday announced the single count of murder against 45-year-old outgoing Clark County Public Administrator Robert Telles.
"This is a terrible and jarring homicide – one that has deeply impacted Las Vegas," Clark County Sheriff Joe Lombardo said during a press conference.
"Every murder is tragic, but the killing of a journalist is particularly troublesome," he added.
The evidence against Telles mounted in the days following the death of German, 69.
Las Vegas Metropolitan Police Captain Dori Koren said investigators found Telles' DNA at the crime scene and also recovered blood-stained shoes and a straw hat that matched those worn by the suspect in surveillance video.
Authorities also towed a red GMC Denali from Telles' home, the same kind of vehicle the suspect drove, police said.
Police arrested Telles on Wednesday, wheeling him from his home on a medical stretcher. Koren said Telles had self-inflicted wounds that were not life-threatening.
Though authorities did not ascribe a motive to the killing, German had recently written a series of articles about mismanagement and disarray in the public administrator's office helmed by Telles. Upset by the articles, Telles had lashed out at German on social media.
"Telles was also upset, from what we found out later, that there was additional reporting that was pending," Koren said.
Telles, a Democrat, lost his reelection bid in a June primary.
German's family, in a statement shared by the Las Vegas Review-Journal, said they were shocked, saddened and angry over his killing.
"Jeff was a loving and loyal brother, uncle and friend who devoted his life to his work exposing wrongdoing in Las Vegas and beyond," the statement said.
"Jeff was committed to seeking justice for others and would appreciate the hard work by local police and journalists in pursuing his killer."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2022-09-08/las-vegas-police-find-a-public-officials-dna-at-the-scene-of-a-journalists-murder | 2022-09-08T20:25:57Z |
NPR’s Frank Langfitt looks back over the life and rule of Queen Elizabeth II.
This article was originally published on WBUR.org.
Copyright 2022 NPR. To see more, visit https://www.npr.org.
NPR’s Frank Langfitt looks back over the life and rule of Queen Elizabeth II.
This article was originally published on WBUR.org.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2022-09-08/the-legacy-of-queen-elizabeth-ii-britains-longest-reigning-monarch | 2022-09-08T20:26:03Z |
FILE - Handguns are on displayed at a gun shop, Thursday, June, 23, 2022 in Honolulu. In Hawaii it's traditionally been practically impossible to obtain police permission to carry a loaded gun in public and so far that hasn't changed even after a U.S. Supreme Court ruling making it easier to get such permits. Since the decision in June, only one permit has been granted. (AP Photo/Marco Garcia, File)
LIHUE, Hawaii (KITV4) -- The Kauai Police Department has issued its revised permitting and application process for concealed and unconcealed gun licenses in the county.
The revision was made as a result of the June 2022 Supreme Court decision striking down a New York state law that required a license to carry a concealed weapon in public.
Anyone interested in getting a permit for concealed or open carry can get an application in-person at the KPD Records Firearms Section service window at the main police station in Lihue.
You can also apply online via the Firearms Section tab on the Kauai Police Department webpage. Tap here for more information.
In addition to filling out the application and Authorization for Use or Disclosure of Protected Health Information, KPD officials say applicants must also apply in person and provide the following information:
Copy of current Firearm Registration for firearm to be carried.
Copy of signed Firearms Proficiency Test including scores (test must be dated within 90 days of application):
Firearms Proficiency Test must be taken with the firearm to be carried (Minimum Qualification course of fire and proficiency standards located online at KPD’s website);
Firearms Proficiency Test must be administered by a state-certified or National Rifle Association Firearms Instructor of the Applicant’s choosing (include instructor certification); and
Signed Shooting Proficiency Test results must include shooting scores – pass/fail only is not sufficient.
Two passport-sized, front-facing color photographs of Applicant (taken within past 30 days).
For applications needed for employment purposes, please complete the notarized Private Security Employer Certification Application.
Police officials in Kauai say they are developing training for officers and working on guidance for the community due to this substantial change in Hawaii’s gun laws.
“We recognize the issuance of permits to carry firearms has generated both interest and anxiety across our community,” said Chief of Police Todd G. Raybuck. “We remain committed to ensuring public safety and establishing open lines of communication for the safe and responsible carrying of firearms in public.”
Anyone who wants more information about this process is asked to call 808-241-1929 or email kpdfirearms@kauai.gov. | https://www.kitv.com/news/local/kauai-police-issue-revised-permitting-and-application-process-for-gun-licenses/article_1693a246-2fae-11ed-bc63-bb524031ac57.html | 2022-09-08T20:44:32Z |
LANAI CITY, Hawaii (KITV4) -- A bill that would affect home prices in Maui County goes before the council for its second and final reading on Sept. 20, 2022. And thousands of people who live on Lanai could be impacted if it passes.
The island is suffering from a major housing crisis -- what many say is even worse than the other islands.
One housing subdivision is home to most of Lanai's 3,000 residents. There just isn't enough housing to go around. That's what everyone who KITV4 spoke with said, but only Maui County Councilmember Gabe Johnson would go on camera.
"25% of our homes are bought by out-of-state buyers and 15% have been bought by corporations trying to make money off the real estate industry," Johnson said.
As chair of the council's Affordable Housing Committee, Johnson wrote Bill 107.
"The bill changes the affordable housing guidelines the county issues every year. It'll shave off 22% of the price of an affordable housing unit. A $500,000 house would now become a $400,000 house. By bringing that price down, it qualifies people for the crucial FHA loans - first-time home buyer's loans," explained Johnson.
Billionaire Larry Ellison owns 98% of the island. His management company Pulama Lanai is building affordable housing project Hokuao, but only as rentals. To build it, it needs to fly in workers who need a place to stay.
"When outside influences increase the values of our homes, we have no place to go. The company is buying all the homes to begin with because they have large construction projects," Johnson said.
"People are coming from off island to work these hotel jobs, let alone construction jobs," Johnson added.
The island's real estate office told KITV4 there are no homes for sale right now.
"A lot of our friends and family are moving in with each other. You're stacking all these people in a plantation home. Some of these homes are only 500 square feet," Johnson said.
In Bill 107, the county would subsidize the developer and the buyer. Johnson says it's about more than housing. It's about health.
"Then it gets too crowded and diseases of despair kick in: sex abuse, drug abuse, spousal abuse," he said.
Johnson warns what's happening on his island is a bellwether for other islands.
"We're the canary in the coal mine. We really feel a lot of our families are being displaced," he said.
Johnson believes the bill is a good start to fixing the problem, and that maybe this can even be a model for other counties.
Diane is KITV4’s weekend evening anchor and weekday reporter. She hosts the Aging Well series on Tuesday evenings at 5, 6, and 10 p.m. She is a mother, a cat owner, and a yogi. | https://www.kitv.com/news/local/lanai-housing-crisis-could-be-alleviated-by-bill-107-at-county-council/article_2c9f39b8-2ce0-11ed-b9a7-effe0d96ae62.html | 2022-09-08T20:44:38Z |
Members of the Honolulu Little League team hold the Championship banner after beating Curacao in the Little League World Series Championship baseball game in South Williamsport, Pa., Sunday, Aug. 28, 2022. Honolulu won 13-3. (AP Photo/Tom E. Puskar)
UPDATE: The city of Honolulu will come together Thursday to honor the Little League World Series Champions -- with a midday parade and festivities on beginning at noon.
The Parade will start at Aala Park and make its way through Chinatown on King Street and end up at Honolulu Hale. The city will also honor the Babe Ruth team from Hawaii that also won its championship game.
At Honolulu Hale, the mayor will honor the teams with a proclamation, plus a special honor for Honolulu Little League manager Gerald Oda.
Stay tuned for all the day's events on KITV channel 4 or at kitv.com.
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ORIGINAL STORY
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HONOLULU (KITV4) -- A parade and other festivities are in the works honoring the Honolulu Little League Team for their dominating performance en route to capturing the 2022 Little League World Series World Championship.
Mayor Rick Blangiardi and Honolulu city officials announced the plans at a press conference Friday morning at the Honolulu Hale.
Blangiardi said he wants to make this celebrations "as big and as best as possible" and said planning for the event will probably go on up until the last minute. However, the mayor was mum on many details because he said he wanted to keep it a surprise for the team and the parade attendees.
What we know for sure so far is that the parade is being held on Thursday, Sept. 8. It will start at noon at A’ala Park and run down King Street, through Downtown and Chinatown, and will end at Honolulu Hale. This is the same parade route used for the Christmas parade.
Festivities will begin once the parade reaches Honolulu Hale. Some festivities that have been confirmed include a presentation of a proclamation to the team, a special honor for Coach Gerald Oda, live music, live animals, free food and drink, and autograph signings.
The 2005 and 2018 LLWS champions will also be attending as will the Kado Baseball 13U Babe Ruth World Series Champions.
The Royal Hawaiian Band, the US Marine Corps Color Guard and band are just two of the confirmed musical acts. Blangiardi said several local high school bands and cheer leaders will also be attending. The University of Hawaii will also have a presence at the celebration.
City officials say there will be rolling street closures during the parade in the Downtown and Chinatown areas. King Street will be closed at the intersection of Liliha Street and Dillingham Boulevard, with traffic diverted onto one of the other two roads, city officials confirmed. Once the last element of the parade leaves A’ala Park, crews will re-open roads behind the parade as safety permits.
Of course all of the parade and festivities will be broadcast live on KITV4 and on the KITV4 digital platforms.
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/thursday-parade-and-festivities-to-honor-honolulu-little-league-world-series-champions-update/article_6df31c04-2af1-11ed-aea2-9f9b3629b592.html | 2022-09-08T20:44:44Z |
Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19, Shaw's family announced Thursday. Shaw was 82.
Shaw was CNN's first chief anchor and was with the network when it launched on June 1, 1980. He retired from CNN after more than 20 years on February 28, 2001.
During his storied career, Shaw reported on some of the biggest stories of that time -- including the student revolt in Tiananmen Square in May 1989, the First Gulf war live from Baghdad in 1991, and the 2000 presidential election.
"CNN's beloved anchor and colleague, Bernard Shaw, passed away yesterday at the age of 82. Bernie was a CNN original and was our Washington Anchor when we launched on June 1st, 1980," Chris Licht, CNN Chairman and CEO, said in a statement Thursday. "He was our lead anchor for the next twenty years from anchoring coverage of presidential elections to his iconic coverage of the First Gulf War live from Baghdad in 1991. Even after he left CNN, Bernie remained a close member of our CNN family providing our viewers with context about historic events as recently as last year. The condolences of all of us at CNN go out to his wife Linda and his children."
Funeral services for Shaw will be closed to family and invited guests only, with a public memorial service planned at a later time, his family said.
"In lieu of flowers, the family requests donations be made to the Bernard Shaw Scholarship Fund at the University of Chicago. The Shaw family requests complete privacy at this time," the family said in a statement provided by former CNN CEO Tom Johnson.
In a statement, Johnson said Shaw "exemplified excellence in his life" and will be "remembered as a fierce advocate of responsible journalism."
"As a journalist, he demanded accuracy and fairness in news coverage. He earned the respect of millions of viewers around the world for his integrity and independence. He resisted forcefully any lowering of ethical news standards or any compromise of solid news coverage. He always could be trusted as a reporter and as an anchor," Johnson said.
"Bernie was my personal friend and colleague for more than 55 years. I will miss him enormously," he added. "My wife Edwina and I extend our most genuine condolences to Bernie's wife Linda and to his family."
Early career
Shaw was born May 22, 1940, in Chicago to Edgar and Camilla Shaw.
He spent four years in the Marine Corps, during which he was stationed in Hawaii when he sought out TV news legend Walter Cronkite for advice about how to become a journalist.
Shaw got his career start as a radio reporter in Chicago, during which he interviewed Dr. Martin Luther King Jr., who told him, "One day you'll make it, just do some good," Shaw recalled.
His first job in TV was as a political reporter for CBS, helping cover the Watergate scandal. He'd later become ABC's Latin America correspondent and bureau chief, where he and his team captured the only aerial pictures of the massacre at Jonestown, Guyana.
He left ABC to take a job with Ted Turner's Cable News Network, the world's first 24-hour television news network -- a decision he said many of his former colleagues thought was crazy. "I thought it was the last frontier in network television news," he had said.
'Boys of Baghdad'
Shaw is often credited with raising CNN's international prominence and turning CNN into the news leader it is today. He was also known for being cool under pressure -- which was exemplified with his coverage of the First Gulf War.
He and fellow reporters, John Holliman and Peter Arnett, made TV history by broadcasting the night of the first attack in Baghdad in real-time, and would become known as the "Boys of Baghdad."
"The skies over Baghdad have been illuminated. We're seeing bright flashes going off all over the sky," Shaw said, reporting from a Baghdad hotel as bombs rained down.
Arnett recalled how in the first moments of the bombing: "I raced for the microphone, and here was Bernie -- 'Atlanta, come to Baghdad, come to Baghdad.'"
"He had the microphone first, the instinct to broadcast, to be there," Arnett said. "He didn't hesitate. He scooped the world."
Shaw told NPR in 2014 that "one of the things I strove for was to be able to control my emotions in the midst of hell breaking out."
"The more intense the news story I cover, the cooler I want to be. The more I ratchet down my emotions, even the tone of voice because people are depending on you for accuracy, dispassionate descriptions of what's happening. And it would be a disservice to the consumers of news -- be they readers, listeners or viewers -- for me to become emotional and to get carried away," he said.
CNN made its debut with Shaw as its Washington anchor at a time when other networks had White males as their lead anchors.
After less than a year on air for CNN, Shaw led the network's coverage of the assassination attempt on President Ronald Reagan. When the other networks reported that White House press secretary James Brady had been killed, Shaw held off on reporting until he received official confirmation -- which never came and the other networks had to retract.
Shaw also earned a reputation for conducting tough interviews. His sharp questioning was on display when, in 1988, he became the first African American journalist to moderate a presidential debate.
In the second showdown between then-Vice President George H. W. Bush and Democratic nominee Michael Dukakis, Shaw asked the candidates to speak about the death penalty.
When Dukakis said he was against the death penalty, Shaw asked: "If Kitty Dukakis (Dukakis' wife) were raped and murdered, would you favor an irrevocable death penalty for the killer?"
The question was duped a candidate career killer and, some thought, changed the trajectory of the race.
Shaw signs off
Shaw announced in November 2000 he would be stepping back at CNN to spend time with his family and to write books.
"My best time has been simply being here, helping to do what attracts you, our viewers, your demand to be informed instantly with knowledgeable context and insight. And to you around the world and across our great land here in the United States, more than your praise I have valued your criticism and your suggestions. Scrutiny can be instructive," he told viewers.
"Harder than entering this business, is leaving it and leaving CNN, especially after 20 years here. But you know, some roses are so fragrant. And as a gardener, I want to grow and smell them more -- when I'm not writing."
Shaw was the recipient of many awards for his journalism including the Edward R. Murrow Award for Lifetime Achievement Award in Broadcasting and was inducted into the Broadcasting & Cable Hall of Fame in 1999.
"We were a team. That is the only way the network succeeded. That is the only way the network made history," he told CNN staff and alumni at the celebration of CNN's 35th anniversary in Atlanta in 2015. "We succeeded because you made excellence a habit. You did that every day ... you soldiered on."
Shaw said he always believed that the "most important chair was not the anchor chair."
"The most important chair was the chair at the assignment desk. The most important chair was the audio person's chair, the director's chair, the editor's chair, the reporter's chair."
His advice to employees: "Make a promise that when you show up at work as a CNN employee you will work to take excellence one step beyond."
Shaw is survived by his wife Linda and their two children, Amar Edgar and Anil Louise.
This story has been updated with additional information.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://www.kitv.com/news/national/cnn-anchor-bernard-shaw-dead-at-82/article_28b747f4-bca5-5248-a3d5-37b5fa7bfa08.html | 2022-09-08T20:44:50Z |
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BOOMERANG page plan for FRIDAY, Sept. 9
...AIR QUALITY ALERT IN EFFECT UNTIL 1 PM MDT FRIDAY... The following message is transmitted on behalf of the Wyoming Department of Environmental Quality, Air Quality Division and the Wyoming Department of Health. WHAT...Air Quality Alert for Wildfire Smoke. WHERE...Portions of southeast Wyoming including Laramie, Platte, and Goshen counties, as well as parts of Albany county. WHEN...1PM Today through 1PM Friday. IMPACTS...Heavy smoke from Idaho Wildfires. HEALTH INFORMATION...The Wyoming Department of Health recommends the elderly, young children, and individuals with respiratory problems avoid excessive physical exertion and minimize outdoor activities during this time. Wildfire smoke is made up of a variety of pollutants, including particulate matter and ozone, which can cause respiratory health effect. Although these people are most susceptible to health impacts, the Department of Health also advises that everyone should avoid prolonged exposure to poor air quality conditions. CURRENT CONDITIONS...The Wyoming Department of Environmental Quality, Air Quality Division offers near real-time air quality data for Wyoming's monitoring stations and health effects information to help the public interpret current conditions. Current air quality conditions across the state of Wyoming can be found at http://www.wyvisnet.com/
...RED FLAG WARNING FOR MUCH OF SOUTHEAST WYOMING AND THE NEBRASKA PANHANDLE TODAY DUE TO GUSTY WEST WINDS AND LOW HUMIDITY... ...RED FLAG WARNING REMAINS IN EFFECT UNTIL 7 PM MDT THIS EVENING FOR GUSTY WEST WINDS AND LOW HUMIDITY FOR FIRE WEATHER ZONES 418, 419, 420, 421, 422, 423, 424, 425, 427, 428, 429, 430, AND 432... * AFFECTED AREA...Fire weather zones 418 through 425. Fire weather zones 427 through 430. Fire weather zone 432. * WIND...West to northwest winds 15 to 20 mph sustained with gusts to 35 mph possible. * HUMIDITY...7 to 15 percent. * HAINES...5 to 6. * THUNDERSTORMS...Isolated dry thunderstorms are likely Thursday afternoon leading to additional fire starts. * IMPACTS...any fires that develop will likely spread rapidly. Outdoor burning is not recommended. PRECAUTIONARY/PREPAREDNESS ACTIONS... A Red Flag Warning means that critical fire weather conditions are either occurring now, or will shortly. A combination of strong winds, low relative humidity, and warm temperatures can contribute to extreme fire behavior. &&
BOOMERANG page plan for FRIDAY, Sept. 9
A1 (send color)
Tease 1
HISTORIC REIGN Britain’s Queen Elizabeth II dies at 96 after 70 years on the throne, Page A3
Tease 2:
Sports tease
Tease 3:
YELLOWSTONE GEOLOGY Researchers seek to understand small geyser systems, Page A6
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A3 (send color)
Today’s pick: LATEST AP STORY ON QUEEN DYING, AP (file photos)
Jumps from 1
A4 (send B&W)
Syndicated cartoon
Drake column (Wyoming voices)
Goodyman/Moynihan column (Other voices)
A5 (send color)
Obits (if there are any)
2 arrested for illegally voting as felons, WTE (bug)
Worth noting to fill
Vol. 142 No. 186
A6 (send color)
Researchers seek to understand small geyser systems, WNE (photos)
Buchanan sticks with plan to become judge despite GOP pressure, WTE (file photo)
A7 (send B&W)
Wire (just not the Queen story, as that’s on A3)
A8 CLASSIFIEDS (send color)
B SECTION
B1-B2 UW FOOTBALL WRAP (send both color)
B3-B4 SPORTS (B3 color, B4 B&W)
B5-B6 COMICS/PUZZLES (send B&W)
B7-B8 UW FOOTBALL WRAP (send both color)
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A receipt was sent to your email. | https://www.wyomingnews.com/boomerang-page-plan-sept-9/article_6f564fb4-2fae-11ed-b071-6b84d1d4f4ec.html | 2022-09-08T21:17:40Z |
JACKSON — The Porkchop Geyser in Yellowstone National Park’s Norris Geyser Basin was once a small hot spring, a blue pool that occasionally erupted.
But in 1985 the geyser changed: The Porkchop began “spouting,” sending plumes of water 20 to 30 feet high from a mostly dry crater. The roaring sound of the explosion could occasionally be heard from over a mile away, and in winter the spray created ice cones more than 20 feet high.
Then, on the afternoon of Sept. 5, 1989, the geyser changed again — quickly. Eight visitors watched as eruptions became 60 to 80 feet tall.
Then the geyser exploded.
The blast sent the silica deposit around the geyser into the air, uprooted rocks as large as 3 feet across and chucked smaller material more than 200 feet away. It left a 10-foot crater.
“Fortunately there was no one close enough to be hurt,” Michael Poland said. But he said, “if that had happened at the height of tourist season, when there were a lot of people that were standing nearby, people might have been injured.”
Poland is the scientist in charge at the Yellowstone Volcano Observatory, which monitors the active supervolcano that dwells beneath the Earth’s surface in America’s first national park.
Poland and other scientists from the National Park Service, University of Utah and University of Wyoming have spent years setting up a network of seismometers, which track earthquake activity; GPS stations, which track how the ground is moving up and down; and stream gauges, which measure the temperature, flow and chemistry of the park’s rivers. Their goal: to understand how the Yellowstone Caldera is acting and predict any substantial changes, which are unlikely.
But now, with that macro, caldera-wide monitoring network set up, Poland and other Yellowstone volcanologists are gearing up to try to better understand smaller geographies like the Norris Geyser Basin.
Ditto the mechanics of hydrothermal eruptions, like the Porkchop Geyser explosion, that pose a greater risk to human health and safety than less likely large-scale super volcano activity.
The focus on smaller hydrothermal phenomena is a significant part of the Volcano Observatory’s new 10-year plan to improve monitoring and hazards assessments of volcanic, hydrothermal and earthquake activity in the Yellowstone Plateau. That plan is broken down into two parts: “backbone” and hydrothermal monitoring.
Plans for “backbone” monitoring include beefing up the larger, caldera-wide system that’s already in place. The hydrothermal monitoring is new and geared toward tracking activity within Yellowstone’s individual thermal areas and geyser basins.
“We have that bigger-picture view nailed down pretty well,” Poland said. “It’s time to actually go after the smaller-picture stuff.”
Ken Sims is a National Geographic Explorer and University of Wyoming professor who researches volcanoes around the globe and has represented the university on the Yellowstone Volcano Observatory since 2013.
The expansion of monitoring in smaller geyser basins is, in part, about establishing a “baseline,” he said.
“You can’t forecast that someone’s going to have a bad heart without understanding how the heart works and having EKGs and various blood tests to look for plaques,” Sims said. “We’re at the stage where we’re trying to better monitor these systems so we can better forecast those events.
“Part of it is just knowing what the steady state is so you know what might be aberrant, might be different,” Sims said.
In smaller geyser basins, Poland said, satellite monitoring data indicates that the ground may rise during the summer when there’s more water present and fall in late summer when that water drains away. More detailed monitoring could confirm that, as well as tip park managers off if “an individual geyser basin is ever doing something weird,” like getting ready to explode.
Hydrothermal explosions like the one at Porkchop Geyser are caused by water flashing to steam and immediately having to escape its container.
“That can create a small explosion and spray boiling water, mud and rocks over a small area,” Poland said.
Such explosions are relatively common, happening once every year or two in the backcountry, according to the U.S. Geological Survey. However, Poland said, they’re an “under-appreciated hazard” in the front country and “one that’s far more important on human time scales than a volcanic eruption.”
Poland said the Volcano Observatory hopes to set up the first geyser basin monitoring station in Norris Geyser Basin in 2023.
More monitoring stations would likely come online in the following years once volcanologists evaluate how well the first one works. | https://www.wyomingnews.com/laramieboomerang/news/researchers-seek-to-understand-small-geyser-systems/article_701fb104-2ede-11ed-8963-0b3e9a99dbd3.html | 2022-09-08T21:17:46Z |
Cost estimates for the proposed Alkali Creek Dam in Big Horn County have jumped to more than double the original $35 million price tag.
It will take some $70 million to $75 million to build the dam and reservoir, the interim director of the Wyoming Water Development Office told legislators at an August committee meeting in Afton. The anticipated cost has already jumped once — from $35 million to $59 million in 2020. The Legislature appropriated that amount for the project.
Now the price has been revised upward again.
“Obviously, we’re going to need other funding,” Jason Mead told members of the Select Water Committee last month. “To move forward, we really need to figure out the funding first.”
To cover the increase, the office will likely apply for federal funds, Mead said. The probable source is the Bureau of Reclamation’s Small Surface Water and Groundwater Storage Projects Program, he wrote in an email.
Wyoming could be eligible for $15 million to $20 million from that grant program, Mead said. The Bipartisan Infrastructure Law provided a boost to that federal program.
Alkali Creek would be built from scratch on an intermittent stream in the Bighorn Basin above Hyattville. The reservoir would also use water diverted from Paint Rock and Medicine Lodge Creeks.
As originally envisioned, the dam would be 108 feet high and 2,600 feet long. It would impound 7,994 acre-feet over 294 acres, although there’s a possibility it could be designed to impound another 900 acre-feet, Mead said.
Irrigators would be responsible for paying back $2.1 million in loans, a figure that remains unchanged despite the increase in anticipated costs.
Complex geology, escalating costs
The original estimate for the dam’s cost increased as a result of studies that revealed complex underlying geology and poor embankment material, among other factors. Increasing construction costs also factor in, as they have at a neighboring dam enlargement proposal that stalled after the Water Development Commission rejected the sole, high-priced bid.
That happened earlier this year when the commission rejected a $70-million bid to expand the Upper Leavitt Reservoir, originally estimated to cost $39 million. Inflation, high fuel prices, a COVID-19-restrained supply line and a paucity of workers combined to increase the anticipated cost, lawmakers said.
The Shell Valley Watershed Improvement District is also planning to apply to the BOR program for funding, Mead said.
The Leavitt Reservoir is north of Shell. The proposed Alkali Dam is to its south.
Plans are to rebid the Leavitt project, possibly breaking the construction program into several smaller bid packages to encourage competition, Mead said. No timeline has been set for that, however.
Meantime the state is facing challenges securing necessary easements for the Alkali Dam. Problems have arisen for land under part of the planned reservoir pool and portions of existing ditches that would be enlarged to fill the pool.
“We’ve got new landowners that have moved into the area,” Mead told the Select Water Committee last month. “Some people sold and some people, new people, moved in that weren’t familiar with the project, and it’s been a bit challenging to bring everybody up to speed.”
Landowners who are reluctant are “generally not in favor of easements” or are worried about potential impacts to their property, Mead wrote. Some of their property is irrigated from the two creeks that would be tapped to fill the reservoir but are above the dam’s outlet and wouldn’t specifically benefit from reservoir water.
Project proponents are working to evaluate alternatives that would minimize impacts or provide offsetting benefits, Mead said. “We’re trying to help folks understand that we’re not here to impact their operation, we’re there to keep it whole, if not improve it,” he told the committee.
WyoFile is an independent nonprofit news organization focused on Wyoming people, places and policy. | https://www.wyomingnews.com/wyomingbusinessreport/industry_news/banking_and_finance/cost-of-proposed-alkali-dam-has-doubled-to-70m/article_6a58fab0-2fb9-11ed-9b88-43e372b4888b.html | 2022-09-08T21:17:53Z |
CASPER — Optimism is mounting at one of Wyoming’s nascent rare earths projects.
Early drilling results suggest the Halleck Creek deposit north of Laramie is larger than anticipated, and may rank among the most promising potential mines in the world, Western Rare Earths announced Sept. 1.
The company, a U.S. subsidiary of Australian exploration company American Rare Earths, acquired Halleck Creek a little over a year ago. It figured, from surface data, that the deposit’s roughly 350 million metric tons of mineralized rock contained up to a million metric tons of rare earths.
During preliminary drilling this spring, the company discovered that the rare earths extend farther east and deeper underground than it anticipated.
It has since expanded its estimate to encompass over a billion metric tons of mineralized rock and closer to 2 million metric tons of rare earths.
“The Halleck Creek project is shaping up to become a world class asset. The maiden drill campaign was a resounding success, and the new exploration target is massive,” Chris Gibbs, managing director and CEO of American Rare Earths, said in a written statement.
For rare earths, those numbers are huge.
A collection of 17 elements required for everything from smartphones to electric vehicles, rare earths are — despite their name — relatively common in nature.
They’re distributed thinly enough, though, that mineable deposits can be tough to find.
“Finding one that’s big enough to matter, and rich enough to be worthwhile, is actually quite rare in the global landscape of rare earths,” said Western Rare Earths CEO Marty Weems.
That’s what sets deposits like Halleck Creek apart.
Western Rare Earths believes that project, along with a similarly vast but less concentrated deposit the company is studying in Arizona, could — with further research — turn out to be one of the largest reserves ever found.
Rare Element Resources, the owner of the state’s other active rare earths project, determined following years of site study that its northeastern Wyoming resource holds roughly 500,000 metric tons of rare earths.
“Not many rare earth deposit discoveries around the world have more than a million tons of rare earth content in them,” Weems said. “We’re not guaranteeing that it does. We’re just saying, based on the limited data we have, it looks like it very well may have those kinds of volumes.”
Ranie Lands, a geologist at the Wyoming State Geological Survey, told the Star-Tribune via email that the agency has no independent way of verifying the size of the Halleck Creek deposit. It’ll take the company several years to verify those findings, Weems said.
But each round of drilling will bring it closer, starting with the samples it plans to extract between the end of this month and late October and finish analyzing by early 2023.
Most rare earth elements, considered essential to national function and vulnerable to supply chain disruption, are classified by the U.S. as critical minerals.
With the bulk of the country’s rare earths imported from China, establishing a domestic supply chain is a priority for the Biden administration and a target for subsidies intended to accelerate that development.
Western Rare Earths hopes that federal backing will help it turn the Halleck Creek project into a mine that supports hundreds of southeastern Wyoming jobs within a decade.
It’s also partnering with researchers in an effort to bring down the costs and environmental impacts of processing, challenges that have historically deterred U.S. investment in rare earths mining. (Rare Element Resources is also investing heavily in supply chain improvements.)
Meanwhile, Western Rare Earths has identified another advantage: The prevalence of radioactive elements at Halleck Creek — unlike most other mineable rare earths deposits — appears to fall well below the hazardous threshold. It still has to confirm that, too.
“There’s a lot of drilling in our future,” Weems said.
Which will be followed, he noted, by reclamation.
If all goes to plan, the very high concentration of rare earths and very low levels of radiation could enable Western Rare Earths to secure fewer permits, take fewer precautions and process smaller volumes of rock compared with many of its competitors.
This story was published on Sept. 8, 2022. | https://www.wyomingnews.com/wyomingbusinessreport/industry_news/economy_and_labor/rare-earth-deposit-showing-promise-drilling-suggests-site-is-more-bountiful-than-once-thought/article_e62061f2-2fb8-11ed-a82e-d7651319f0cb.html | 2022-09-08T21:17:59Z |
Fearing the state could be caught flat-footed by an impending U.S. Supreme Court decision, Wyoming lawmakers are considering enshrining certain aspects of tribal sovereignty into state law.
The Supreme Court this fall is set to review a case involving the Indian Child Welfare Act and some are concerned the court may overturn the federal law which prioritizes tribes’ rights in child custody cases.
Enacted in 1978, ICWA (pronounced ick-wah by experts in common conversation) created standards for states when handling “child abuse and neglect and adoption cases involving Native children” according to the Bureau of Indian Affairs. The act recognizes tribal jurisdiction in decisions concerning their children. If SCOTUS rules the federal law unconstitutional, each state’s child-welfare laws would hold sway and in states without ICWA laws certain protections would disappear.
The Supreme Court recently weakened a different form of tribal authority when it overturned a prior ruling limiting state prosecutorial powers on tribal lands in Oklahoma v. Castro-Huerta. With that decision in mind, and what it might portend for the ICWA challenge, lawmakers on the Select Committee on Tribal Relations met last Monday to consider, in part, whether they should write ICWA’s protections into state statute.
However, the timing of the court hearing may mean the Supreme Court will rule before any new state law can be enacted. “I’m very worried about it,” said Northern Arapaho Business Council Chairman Jordan Dresser. “This case is very pivotal. And it could potentially harm our Indian children because the purpose of the act is to keep Native children with Native families and to keep that connection with their culture.”
The case at hand, Brackeen v. Haaland, involves Texan foster parents seeking adoption of a Navajo child and custody of the child’s half-sister. The Navajo Nation intervened in the case and attempted to place the child with a tribal family instead, the New York Times reported. The family contends ICWA violates the constitution by considering placement of indigenous children solely based on race.
The protocols outlined in ICWA are based on tribal sovereignty not race, according to proponents of the statute. They also note ICWA followed decades of policies — including the Indian Adoption Project and forced placement of Native children in boarding schools — aimed at disconnecting indigenous children from their communities and culture.
“I tie it back to the Indian boarding schools,” said Dresser. “Where children were taken from their homes and forced to go to school at a place far away, and they got stripped of their cultural identity.”
He says revoking ICWA could have the same effect. “We want our children in safe homes,” Dresser said. “But we want them to have a connection to who they are as Native people.”
Other states have already enacted their own ICWA laws, meaning even if the federal statute is struck down custody cases involving tribes and Native children would likely still be subject to the same protections.
New Mexico passed a state ICWA law this year which not only cemented existing federal protections, but closed gaps by adding provisions like requiring that tribes are notified within 24 hours, as reported by Source New Mexico.
In 2021 Oregon passed a similar statute described by the state’s Department of Human Services in a press release
as strengthening “Oregon’s commitment to working with tribal nations to preserve tribal families.”
During the Select Committee on Tribal Relations interim committee meeting on Aug. 29 Clare Johnson, lawyer for the Northern Arapaho, explained the importance of the federal law to tribes in Wyoming, noting she was dealing with 62 child welfare cases at the time of the hearing.
“The Northern Arapaho tribe strongly believes in bringing these cases back to tribal court to attempt to reunify the child with their family,” Johnson said. “And if that’s not possible, to place them with other members of their family or their tribe.”
Kathryn Fort, a professor at Michigan State University specializing in Indian Child Welfare Act cases, is representing the four intervening tribes in the Haaland v. Brackeen case. Fort gave a presentation on the history of the child welfare law to the committee and explained how other states passed their own statutes.
“What we know today is that while ICWA works, we still see a disproportionate number of Native children being removed from their homes than non-Native children,” Fort said.
Legislators voiced interest in further researching state laws building off the federal statute, or creating a “trigger” bill (similar to the mechanism used when the state proactively banned abortion) which would temporarily put a halt to any major changes the Supreme Court decision could bring.
Sen. Affie Ellis (R-Cheyenne), an attorney and one of two Native Americans serving in the Wyoming Legislature, noted the difficulty of passing state ICWA laws. “I don’t see this being a fast moving endeavor if we’re going to do it right,” Ellis said.
WyoFile is an independent nonprofit news organization focused on Wyoming people, places and policy. | https://www.wyomingnews.com/wyomingbusinessreport/industry_news/government_and_politics/with-indian-child-welfare-act-at-risk-wyoming-lawmakers-mull-action/article_2c2f9514-2fb9-11ed-b210-9bb80f5fa90e.html | 2022-09-08T21:18:05Z |
Organization pushes for flag to become nation’s symbol for 9/11
RICHMOND, Va. (WWBT) - Twenty-one years ago, the day after Sept. 11th, 2001, Richard Melito felt compelled to honor the lives lost in the worst attack on American soil in this nation’s history. During that uncertain time, Melito says he put his pen to a paper inside his Henrico Restaurant and started sketching.
“And so, that’s how it all started, so we don’t forget,” Melito said. “On a napkin, I designed a flag that would be put in my restaurant so that when people came in and looked up, they would say, ‘what is that,’ and I would say, ‘it’s how I remember 9/11.’″
And it’s how Melito says he wants others to remember it too. In the weeks that followed, the design would eventually evolve into what is now the freedom flag with an organization its name established in 2002.
After the flag’s inception in 2001, the Freedom Flag Foundation worked for years pushing for the flag to be used as a tool to teach people who are too young to remember or were not yet born what happened on 9/11 in a way that is easy to understand.
Melito says he designed the flag with 10 key points in mind:
The five white bars represent the attack on the Pentagon, and the two broad red stripes represent the twin towers. The top and bottom red stripes represent those who perished at the Pentagon, the crew on Flight 77, and the lives lost during the United Airlines Flight 93 in Pennsylvania.
The three white stripes represent the rescue workers, firefighters and police officers who worked tirelessly during and after 9/11. The white star represents all who have died in the name of freedom, while the blue background represents Americans united in freedom.
“It tells a real simple story,” Melito said.
“The symbol that Richard Melito drew had patriotic colors, it had the simplicity that it could resonate with all ages, and it’s just a symbol that has endured,” the foundation’s president John Riley said.
Riley says in 2018, the Virginia General Assembly unanimously adopted the flag to become the official symbol of remembrance for 9/11 in the commonwealth, the first state in the country to take such a step.
“The question became what will happen if we go out of state?” Riley asked.
In August, the foundation got that answer. After years of effort from the foundation pushing the message of the symbol across the country, Oklahoma’s governor also adopted the symbol as its flag of remembrance, which will be flown beginning Friday through Sunday commemoration events.
The foundation also announced that Delaware is also adopting the symbol this week for the 21st anniversary of 9/11.
“Now, 20 years later, we’re seeing this movement come to fruition with the Freedom Flag being adopted in other states.
Additional states that have filed legislation include Kentucky and Minnesota, with Maryland, Alabama, California, Georgia and Ohio also expressing interest.
“To go to the middle of the country, to someplace like Oklahoma thousands of miles away and to see it, see the same reception 21 years later now, and be embraced just like it is in Virginia is proof of concept. And we believe it will eventually progress to the national symbol of remembrance,” Riley said.
Another essential element of the Freedom Flag Foundation’s effort to continue pushing for the Freedom Flag to be the national symbol for 9/11 is the foundation’s World Trade Center Steel Education Program.
The program is currently being shared with over 30 schools and partners across the country, including new school partners in Dalton, Georgia, Streetsboro, Ohio, and the Washington State School for the Blind, along with the Fort Worth Museum of Science and History.
“It’s an easy way to teach something so serious that everyone can understand, and therefore, eliminate a problem that we had by how do we remember. We don’t need to forget,” Melito said.
The foundation wants all Virginians and people to fly this flag leading up to the 21st anniversary of 9/11 Sunday. If you want to obtain a flag, the foundation says there is still time to receive one before Sunday by going to its website.
Copyright 2022 WWBT. All rights reserved. | https://www.whsv.com/2022/09/07/organization-pushes-flag-become-nations-symbol-911/ | 2022-09-08T21:28:05Z |
Busted: Officers seize $11.9 million in meth at US-Mexico border
DEL RIO, Texas (Gray News) - Authorities say they have made their largest methamphetamine bust at a Texas port of entry.
U.S. Customs and Border Protection reports field operations officers in Del Rio seized meth valued at $11.9 million within a tractor-trailer on Monday.
According to the CBP, the drug bust was the largest methamphetamine seizure in port history.
The seizure occurred at the Del Rio International Bridge when a CBP officer stopped a 2016 Kenworth tractor-trailer hauling a shipment of diesel tank reservoir containers and referred it for a secondary inspection.
Authorities said they discovered 320 packages containing 1,337 pounds of alleged methamphetamine within the shipment. The narcotics were estimated to have a street value of $11.9 million.
Agents with the U.S. Immigration and Customs Enforcement-Homeland Security Investigations said they are continuing the investigation.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/08/busted-officers-seize-119-million-meth-us-mexico-border/ | 2022-09-08T21:32:26Z |
Caught on camera: Mom chases peewee football opponent who tackled son
HOUSTON (KTRK) - A legal hit in a peewee football game led to a Texas mother getting banned from the sidelines.
The woman was caught on camera chasing and threatening a 12-year-old who had just tackled her son during a play.
Video captured a woman with something in her hand chasing him over a little league football game. The child is seen running away with his hands in the air.
“This is ridiculous. How can you get that angry at a kids game?” said Emilla Rucker, mother of the child who was chased. “Your son plays football, they tackle each other, that’s just the name of the game. How can you get that upset to chase him and not only chase him but curse at him while you’re chasing him.”
It was the first game of the season for the Southside Ravens. They were up against the North West Gorillas, but the game was cut short after just a few minutes of starting.
“Yeah, I picked him up and everything,” said Ivan Flanagan, the 12-year-old who was chased. “He was actually trying to shake my hand after the play until his mom I guess started chasing after me.”
An incident report by the Youth Football and Cheerleading league stated the parent in question was found in violation of multiple code of conduct policies.
It called the woman a substantial threat to the environment.
“If you cannot control your emotions that much that you get that upset then you don’t need to be around kids, but no, nobody has said anything to me,” Rucker said.
She has been banned from all events and activities permanently and so have the rest of her family and children.
“I hate that her son has to suffer,” Rucker said. “I hate that the team has to suffer, because we don’t hate them. We do this for fun.”
The woman will need to pay a $200 fine. Her sons former team owes $500 for not controlling the sideline.
The team apologized in a statement on social media. It said in part that they have removed the parent and child from the team, and they don’t stand with anyone putting children in harms way.
The Houston Police Department said it is looking into the incident.
Copyright 2022 KTRK via CNN Newsource. All rights reserved. | https://www.whsv.com/2022/09/08/caught-camera-mom-chases-peewee-football-opponent-who-tackled-son/ | 2022-09-08T21:32:32Z |
CUTE: Viral sensation ‘The Corn Kid’ visits the Corn Palace
Published: Sep. 8, 2022 at 4:42 PM EDT|Updated: 50 minutes ago
MITCHELL, S.D. (Gray News) – “The Corn Kid” became so popular on TikTok that he now has a day named after him.
Tariq, a 7-year-old boy known as “The Corn Kid,” became a viral sensation for clips in which he enthusiastically declared his love of corn.
Over the weekend, he accepted an invitation to South Dakota’s Corn Palace, a major tourist attraction in the state.
During the visit with his family, South Dakota Governor Kristi Noem signed an executive proclamation to make Tariq the state’s “corn-bassador.”
Officials also declared Sept. 3 to be “Corn Kid Day” in the city of Mitchell, where the Corn Palace is located.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/08/cute-viral-sensation-corn-kid-visits-corn-palace/ | 2022-09-08T21:32:39Z |
Deputy rescues fox caught in high school’s soccer net
PARKER, Colo. (Gray News) – A school resource officer in Colorado is being credited with rescuing a fox that was tangled in a soccer net.
According to the Douglas County Sheriff’s Office, Deputy Koski was called to the soccer field at Ponderosa High School early Thursday morning regarding the fox.
While the sheriff’s office said it’s best to leave wildlife alone in most cases, this was an extreme circumstance. Deputies said it was clear the fox was in distress and could not free itself.
With a bit of work, Koski was able to safely free the fox, which took off running.
“It ended in a win-win for all!” the sheriff’s office wrote in a Facebook post.
Ponderosa High School is located in the city of Parker, about 30 miles south of Denver.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/08/deputy-rescues-fox-caught-high-schools-soccer-net/ | 2022-09-08T21:32:46Z |
Earliest known mammal identified by fossil records, scientists say
Published: Sep. 8, 2022 at 4:41 PM EDT|Updated: 51 minutes ago
(CNN) – Researchers have identified the world’s oldest mammal, and it’s not a human.
An illustration of the animal shows a small shrew-like creature that scientists believe walked the earth some 225 million years ago.
They said the animal predates what was believed to be the earliest mammal by about 20 million years.
The creature was only around 8 inches long, but it lived at the same time as some of the oldest dinosaurs.
Scientists dated the creature using fossils of hard tissues, such as bones and teeth.
The dental records were published in a study for the Journal of Anatomy on Tuesday.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.whsv.com/2022/09/08/earliest-known-mammal-identified-by-fossil-records-scientists-say/ | 2022-09-08T21:32:52Z |
EndZone Game of the Week Preview: Lord Botetourt vs. Riverheads
HARRISONBURG, Va. (WHSV) - Riverheads hosts Lord Botetourt in the WHSV EndZone Game of the Week.
The Gladiators have a chance to make history Friday night. Riverheads is currently tied with Phoebus for the longest winning streak in VHSL history: 52 consecutive victories. With a win over the Cavaliers, RHS would take claim sole possession of the record.
“It’s really exciting,” said Ray Norcross, who is in his first season as RHS head coach after serving as defensive coordinator for many years. “It’s really a good experience for me personally and for our school. It’s quite an honor even to be playing for a record like this.”
Riverheads, however, will not have an easy time earning a win Friday night. Lord Botetourt is a perennial power in VHSL Class 3 and the Cavaliers have won at least eight games in each season since 2015. Riverheads defeated Lord Botetourt, 62-38, on the road last season.
“We’re stepping up and playing a big boy this week,” said Norcross. “They are certainly deserving of all the accolades they get.”
Despite playing a talented, high-level opponent with history on the line, Riverheads is not deviating from its system that has produced two blowout wins to start the 2022 season after a sixth straight VHSL Class 1 state championship to end the 2021 campaign.
“We don’t do different things for different teams,” said Norcross. “We probably try to do what we do, better and there certainly won’t be any room for mistakes this week against this team.”
Kickoff between Lord Botetourt and Riverheads is scheduled for 7 p.m. Friday night at Riverheads High School.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/08/endzone-game-week-preview-lord-botetourt-vs-riverheads/ | 2022-09-08T21:32:59Z |
JMU Football Opponent Report: Norfolk State
Published: Sep. 8, 2022 at 4:54 PM EDT|Updated: 37 minutes ago
HARRISONBURG, Va. (WHSV) - James Madison is preparing to host Norfolk State Saturday evening at Bridgeforth Stadium.
Kickoff is scheduled for 4 p.m. with live coverage airing on ESPN3.
JMU Football Opponent Report - Norfolk State
2022 Record: 0-1 Overall (Lost to Marshall, 55-3, in week one)
Head Coach: Dawson Odums (Second Season - 6-6 Overall Record)
Player to Watch: J.J. Davis (Running Back - MEAC Preseason Offensive Player of the Year)
Last Meeting: JMU won, 17-0, in 2018 (Game was called off after one quarter due to lightning/weather delays in the Norfolk area)
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/08/jmu-football-opponent-report-norfolk-state/ | 2022-09-08T21:33:06Z |
Rule of 72 helps you project your investment’s value over time
The key to growing your money is time
InvestigateTV - The Rule of 72 is a useful formula that helps you estimate the number of years it will take you to double your invested money.
Aashish Matani, a managing director of wealth management at Merrill Lynch, said the Rule of 72 is not only easy to understand, but easy to calculate.
Here’s how it works: divide 72 by the annual interest rate to determine the amount of time it takes for an investment to double.
Matani used the example of a 25-year-old who’s 45 years away from retiring. He used 8% as an annual interest rate.
When you divide 72 by 8 you get 9. So, it would take the 25-year-old nine years to double their initial investment.
If they can double every nine years and have 45 years to do it, that’s five doubles. Here is how much the money would grow in that time.
- 2022 - $5,000 – initial investment
- 2031 $10,000 first doubling
- 2040 $20,000 second doubling
- 2049 $40,000 third doubling
- 2058 $80,000 fourth doubling
- 2067 $160,000 fifth doubling
The Rule of 72 is a powerful way for you to grow wealth over time. Invest as early as you can to take maximum advantage.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/08/rule-72-helps-you-project-your-investments-value-over-time/ | 2022-09-08T21:33:12Z |
TRAFFIC ALERT: Backups on I-81 South near MM 232 in Augusta County
Published: Sep. 8, 2022 at 4:30 PM EDT|Updated: 1 hour ago
AUGUSTA COUNTY, Va. (WHSV) - Motorists can expect delays on I-81 South near MM 232 in Augusta County near For Defiance due to a vehicle crash.
As of 5:10 p.m., all south lanes are closed and VDOT is reporting about 8 miles of backups. Traffic backups on I-81 North in this area are approximately 4.0 miles.
Stay with WHSV for updates.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/08/traffic-alert-backups-i-81-south-near-mm-232-augusta-county/ | 2022-09-08T21:33:18Z |
Woman, 88, befriends young man who she says saved her life
COLUMBUS, Ga. (WTVM/Gray News) – Barbara Kimbro, 88, met a new friend by happenstance while putting gas in her car.
She was on her way home from visiting a friend when she noticed her tank was nearly empty and pulled into the next service station she saw.
After not getting a receipt at the pump, she decided to make a quick trip inside without her walker.
Kimbro told WTVM she lost her balance and almost fell to the ground. But as she met a curb, she also met a new friend.
To her surprise, 27-year-old JaQuan Sanks came to Kimbro’s rescue, catching her before she hit the ground.
“He literally saved my life,” Kimbro said. “I just felt like it was a God moment because he couldn’t have waited another second; if he had I was on the way down.”
Sanks was holding the door open for Kimbro and happened to be in the right place at the right time.
“I didn’t think; I just reacted,” Sanks said. “My attention span towards an older person is alert when I see one period. My attention was already on Ms. Barbara.”
Kimbro bought Sanks a full tank of gas but said she knows that’s not nearly enough to thank him for saving her life.
“I didn’t grab her for the publicity or the attention we’re getting,” Sanks said. “Luckily, the person I caught in my arms, Mrs. Barbara, has a personality out of this world; it deserves to be seen.”
Despite having met a few days ago, Sanks said meeting Kimbro has changed his life.
“I’m just appreciative of just being able to be a part of her life and her being a part of mine because my life has definitely changed within a day,” Sanks said.
“I love this man; he’s just great; he’s my new son,” Kimbro said.
Sanks gifted his new “mom” a bouquet of flowers and a matching shirt for the both of them to wear.
Copyright 2022 WTVM via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/08/woman-88-befriends-young-man-who-she-says-saved-her-life/ | 2022-09-08T21:33:24Z |
Yellen pushes Biden economic plans in battleground Michigan
WASHINGTON (AP) — Treasury Secretary Janet Yellen pressed the case for Democratic economic policies during a visit Thursday to Ford’s Rouge electric vehicle assembly plant in Michigan, a battleground state in the November midterm elections.
After a production-line tour, Yellen promoted recent legislative successes for the Biden administration, saying: “After the progress we have made over the past few months, I am more optimistic about the course of our economy than I have been for quite a while and I know we are headed in the right direction.”
Yellen’s visit to Detroit was part of a monthlong tour as well as a larger White House campaign to highlight new laws intended to repair the economy, boost computer chip manufacturing, lower prescription drug prices, expand clean energy and revamp the country’s infrastructure.
She pointed to the bipartisan infrastructure law, the CHIPS and Science Act and the “Inflation Reduction Act,” all passed and signed in the past year.
“By any traditional metric, we have experienced one of the quickest recoveries in our modern history,” she said, referencing the financial damage and stagnation caused by the coronavirus pandemic that shuttered economic systems around the world. “Our plans worked” she added.
The Treasury Department is responsible for managing a new $7,500 electric vehicle tax credit for qualifying, but the auto industry is warning that the vast majority of EV purchases won’t qualify for that much.
The European Union and other nations have threatened to file complaints at the World Trade Organization over the tax credit, claiming it would discriminate against foreign producers and break WTO rules.
Yellen has more stops planned and will give a speech next month at the 157th anniversary of the Freedman’s Bank Forum to talk about how President Joe Biden’s economic agenda “advances equity and makes our economy stronger as a result.”
Biden is set to visit Ohio on Friday for the groundbreaking of an Intel semiconductor manufacturing facility and go to the Detroit auto show Wednesday to talk about manufacturing electric vehicles.
At the Ford electric vehicle assembly plant in Dearborn, Yellen pointed to U.S. vulnerability to global supply shocks caused by climate change and other factors, and the need to embrace green technology. Addressing those challenges, she said, offers the prospects of new jobs.
“This includes the U.S. clean vehicle sector, where we can expect greater investment — and more good jobs, like the ones here at Ford — as we develop the supply chain here at home,” she said.
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter, https://twitter.com/ap_politics
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/09/08/yellen-pushes-biden-economic-plans-battleground-michigan/ | 2022-09-08T21:33:31Z |
NEWPORT BEACH, Calif., Sept. 8, 2022 /PRNewswire/ -- The Japanese skincare brand, b.glen, who specializes in skincare regiments for each person's unique needs, is now introducing a 7-day trial set.
Based on our experience in solving the skincare problems of more than 2 million people worldwide, b.glen choose the 6 main types of skin concerns and created a full skin care regimen in a 7-day trial size. The trial kit will include products that aide:
- Skin Brightening
- Skin Firming
- Anti-aging/Acne Scars
- Blackheads/Pore Care
- Acne Care
- Deep Moisture Care
Our trial sets have been designed to create a full skincare routine including a facial cleanser, moisturizing toner, high performance serum(s), and a moisturizing cream. These trial sets have been constructed for use morning and evening producing a 7-day skincare routine.
These products make use of b.glen's unique medical grade penetration technology "QuSome®". Our technology allows specifically targeted ingredients that normally would be water soluble, to deeply penetrate the skin to ensure that the active ingredients are working directly on the cause of your skin's problems.
If you convert our full size products to our trial size, the value would be $43 to $66, but we are offering our 7-Day Trial Sets at a price of $20 for first time users.
While it may be difficult at times to identify exactly what problems our skin has, it can also be challenging to choose products that cover all our skincare concerns. Our b.glen skincare analyzer diagnoses your skin's problems while also giving you a skin score form the data collected through our questionnaire. After completing our questionnaire and uploading a quick selfie, our analyzer will use that score and can give you a recommendation that will suit your skin's needs.
b.glen Trial Sets $20: available for online purchase via www.bglen.us
Skincare Analyzer: https://www.b.glen.us/skintest/
View original content to download multimedia:
SOURCE Beverly Glen Laboratories, Inc. | https://www.whsv.com/prnewswire/2022/09/08/7-day-skincare-solution-trial-sets-are-now-available-bglen/ | 2022-09-08T21:33:38Z |
Company to Oversee Growth of All Subsidiary Operations from Strategically Located Sandpiper Bay Resort
PORT ST. LUCIE, Fla., Sept. 8, 2022 /PRNewswire/ -- Altitude International Holdings, Inc. (OTC: ALTD) ("Altitude" or the "Company'), a diversified, vertically integrated holding company focused on performance-based businesses, today announced its newly formed wholly owned subsidiary, Altitude Hospitality, LLC ("Altitude Hospitality") closed several transactions related to its lease of the 216-acre Port St. Lucie, Florida property formerly operated under the name "Club Med Sandpiper Bay" from Sandpiper Resort Properties, Inc. and Holiday Village of Sandpiper, Inc. ("Property").
As previously disclosed the Company entered into that certain Purchase and Sale Agreement effective as of April 25, 2022 (the "Property PSA"), as amended, for the purchase by the Company of the Property. Pursuant to the terms of the Property PSA the Company was allowed to assign is rights under the Property PSA. Specifically, on September 2, 2022, the Company assigned to Altitude Hospitality its rights under the Property PSA and Altitude Hospitality agreed to designate STORE Capital Acquisitions, LLC, a Delaware limited liability company ("STORE") as the grantee under the deed from Sandpiper in a Purchase and Sale Agreement (the "STORE PSA") between Altitude Hospitality and STORE through which the title to the Property was conveyed to STORE through the Property PSA in a simultaneous closing. Concurrently with the sale of, Altitude Hospitality entered into a Lease Agreement with STORE for Altitude Hospitality's lease and use of the Property through September 30, 2042, with five-year extension options through 2062.
In connection with the foregoing, the Company and Altitude Hospitality secured a $15.0 million term loan from Feenix Venture Partners, LLC, a private credit lender that has previously financed the Company. Proceeds from the loan were used to fund certain obligations under the Lease Agreement with STORE and for general working capital. Altitude Academies, a wholly owned subsidiary of the Company, has been operating at the Property for nearly 13 years, which, until a recent rebranding, has been known as "Club Med Academies." The resort will operate under its new name, "Sandpiper Bay Resort, a Trademark Collection® By Wyndham." The Property will serve as the global headquarters for Altitude International Holdings and its wholly owned subsidiaries, including the sports academies, Rush Soccer, Altitude International, the resort operations and the Company's other operations.
"Our new headquarters will bring together our businesses at one incredible property, creating a best-in-class global destination for our training, education, and newly acquired active family resort businesses," said Gregory Breunich, Chief Executive officer of Altitude. "We believe this strategic addition to our businesses is instrumental to our future. The ramp-up for an extensive renovation is underway with expected completion over the next two years to the 200 acres of property that features a 335-room waterfront hotel, an on-site golf course and driving range, tennis and pickleball courts, volleyball courts, soccer fields, a marina, and all the amenities of a full-service resort. The resort will remain open throughout the renovation process."
"Our long-term vision is to be globally recognized as a world-class hub for both hospitality, sports and education opportunities by incorporating and fully integrating the resort operation, our existing sports academy and a comprehensive real estate development strategy. We believe that the repositioning of the Property will allow the resort to maintain its worldwide destination status and enable the continued growth of our sports academy, which ultimately, will provide a positive economic impact to the local community and bring long-term value to our shareholders," concluded Breunich.
For additional information related to foregoing transactions please see the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 8, 2022.
Altitude International Holdings, Inc. (OTC: ALTD) ("Altitude") is a multi-discipline holding company which blends income streams from performance-based education, sports, arts, science, and technology. Altitude's multi-discipline approach consists of wholly owned stand-alone academies, wellness centers, and manufacturing/assembly facilities. These operations represent best-in-class high-performance methodology/protocols for training, education, and therapy environments; hypoxic training chambers, air-to-water machines, sports training and educational institutions, and wellness initiatives. For more information, please visit www.altdintl.com.
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended; Section 21E of the Securities Exchange Act of 1934, as amended; and the safe harbor provision of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this news release may be identified by the use of words such as: "believe," "expect," "anticipate," "project," "should," "plan," "will," "may," "intend," "estimate," predict," "continue," and "potential," or, in each case, their negative or other variations or comparable terminology referencing future periods. Examples of forward-looking statements include, but are not limited to, statements regarding our financial outlook and guidance, short and long-term business performance and operations, future revenues and earnings, extensive renovations as it relates to the Property, our comprehensive real estate development strategy, legal events or outcomes, market conditions and trends, new or expanded products and offerings, growth strategies, underlying assumptions, and the effects of any of the foregoing on our future results of operations or financial condition.
Forward-looking statements are not historical facts and are not assurances of future performance. Rather, these statements are based on our current expectations, beliefs, and assumptions regarding future plans and strategies, projections, anticipated and unanticipated events and trends, the economy, and other future conditions, including the impact of any of the aforementioned on our future business. As forward-looking statements relate to the future, they are subject to inherent risk, uncertainties, and changes in circumstances and assumptions that are difficult to predict, including some of which are out of our control. Consequently, our actual results, performance, and financial condition may differ materially from those indicated in the forward-looking statements. These risks and uncertainties include, but are not limited to, "Risk Factors" identified in our filings with the Securities and Exchange Commission, including, but not limited to, our most recently filed Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and any amendments thereto. Even if our actual results, performance, or financial condition are consistent with forward-looking statements contained in such filings, they may not be indicative of our actual results, performance, or financial condition in subsequent periods.
Any forward-looking statement made in the news release is based on information currently available to us as of the date on which this release is made. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required under applicable law or regulation.
Media Contact:
Adrienne Mazzone
561-908-1683
amazzone@transmediagroup.com
Investor Relations:
Brooks Hamilton
MZ Group - MZ North America
+1 (949) 546-6326
ALTD@mzgroup.us
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SOURCE Altitude International Holdings, Inc | https://www.whsv.com/prnewswire/2022/09/08/altitude-international-holdings-secures-world-class-property-global-headquarters/ | 2022-09-08T21:33:44Z |
INDIANAPOLIS, Sept. 8, 2022 /PRNewswire/ -- American Legion National Commander Vincent J. "Jim" Troiola issued the following statement regarding the passing of Queen Elizabeth II.
"The relationship between the United States and the United Kingdom has often been characterized as 'special.' The strength, grace and class that Elizabeth II exhibited as a princess during World War II and later as queen, has only deepened the affection that our veterans have for our allies in the United Kingdom. The passing of this legendary queen saddens The American Legion but we will always be inspired by her many decades of service to humanity and her commitment to freedom for all. We extend our heartfelt condolences to the Royal Family and the people of Great Britain."
About The American Legion
The American Legion , the nation's largest veterans organization, is dedicated to the motto of "Veterans Strengthening America." Chartered by Congress in 1919, The American Legion is committed to mentoring youth and sponsoring wholesome community programs, advocating patriotism and honor, promoting a strong national security and continued devotion to servicemembers and veterans. Nearly 1.8 million members in more than 12,500 posts across the nation and regions overseas serve their communities with a devotion to mutual helpfulness.
Media Contact: John Raughter, (317) 630-1350 jraughter@legion.org
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SOURCE The American Legion | https://www.whsv.com/prnewswire/2022/09/08/american-legion-national-commander-expresses-condolences-united-kingdom-loss-legendary-queen/ | 2022-09-08T21:33:51Z |
- Net Sales $43.7 Million
- Gross Margin 43.6%
- e-commerce Sales $20.5 Million -- Traditional Sales $23.1 Million
- Facility Consolidation Underway
COLUMBIA, Mo., Sept. 8, 2022 /PRNewswire/ -- American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), an industry leading provider of products and accessories for rugged outdoor enthusiasts, today announced financial results for the first quarter fiscal 2023 ended July 31, 2022.
First Quarter Fiscal 2023 Financial Highlights
- Quarterly net sales were $43.7 million, a decrease of $17.1 million, or 28.1%, compared with net sales of $60.8 million for the comparable quarter last year. E-commerce net sales of $20.5 million, which were driven by increased direct-to-consumer net sales, grew by 23.7%, while traditional net sales of $23.1 million, which were impacted by lower foot traffic at retail and lower shooting sports sales to OEM customers, declined by 47.6%. Compared with pre-COVID levels in the first quarter of fiscal 2020, total net sales grew 31.5%, while e-commerce net sales grew by 92.2% and traditional net sales grew by 2.7%.
- Quarterly gross margin was 43.6%, compared with quarterly gross margin of 47.7% for the comparable quarter last year, a decrease driven primarily by lower sales volumes and increased freight expenses.
- Quarterly GAAP net loss was $5.7 million, or ($0.42) per diluted share, compared with net income of $3.5 million, or $0.24 per diluted share, for the comparable quarter last year.
- Quarterly non-GAAP net income was $84,000, or $0.01 per diluted share, compared with non-GAAP net income of $6.8 million, or $0.48 per diluted share, for the comparable quarter last year. GAAP to non-GAAP adjustments for net income exclude acquired intangible amortization, stock compensation, technology implementation, stockholder cooperation agreement costs, and acquisition costs. For a detailed reconciliation, see the schedules that follow in this release.
- Quarterly Adjusted EBITDAS was $1.4 million, or 3.2% of net sales, compared with $9.6 million, or 15.7% of net sales, for the comparable quarter last year. For a detailed reconciliation, see the schedules that follow in this release.
Brian Murphy, President and Chief Executive Officer, said, "Given recent industry and economic conditions, I am pleased with our first quarter results, which reflect our ability to deliver net sales growth of over 31% above our pre-pandemic levels of fiscal 2020 while marking a number of achievements that support our strategic priorities and which reflect our dedication to building authentic, lifestyle brands that help consumers make the most out of the moments that matter."
"During the quarter, our e-commerce net sales grew nearly 24% year over year, supported by strength in our direct-to-consumer business, which includes MEAT! Your Maker meat processing equipment and Grilla grills. Together, these two brands generated over 15% of our net sales in Q1 and helped our Outdoor Lifestyle category generate over 53% of our total net sales in the quarter. We consider our direct-to-consumer sales to be one gauge of how well our brands are resonating with consumers since those sales are not impacted by retailer issues, such as inventory levels or limited open-to-buy. We remain excited about growth opportunities within our Outdoor Lifestyle category, which consists of products related to hunting, fishing, camping, and rugged outdoor activities, and which delivered two-year growth of 26.5% over the first quarter of fiscal 2021 and three-year growth of 54.2% over the pre-pandemic first quarter of fiscal 2020."
"We continued to leverage our Dock & Unlock™ strategy to deliver a steady flow of organically developed, exciting new products that generated nearly 26% of our first quarter revenue. We also attended ICAST 2022, the fishing industry's premier tradeshow, where our BUBBA fishing lifestyle brand received the award for 'Best Cutlery, Hand Pliers and Tools" for our innovative Multi-Flex Interchangeable Knife Sets. This marks the third consecutive year that BUBBA has taken home the award in this category. While at ICAST, we launched the BUBBA Voyager Gear Box, our first entry into waterproof storage, and we unveiled and previewed our proprietary BUBBA Electric Fish Scale, an exciting new product that truly energized and excited our core fishing retailers, distributors, and consumers, ahead of the full launch and shipping of initial inventory in Spring of 2023."
"A key part of our long-term strategy includes growing the brands in our portfolio by plugging them into our Dock & Unlock process and utilizing our leverageable business model. During the first quarter, we amended our Columbia, Missouri facility lease agreement to add 35,000 square feet of space that provides us the opportunity to increase our operational efficiency and leverage our Missouri facility. We then commenced plans to consolidate our Crimson Trace operations in Wilsonville, Oregon, as well as our Grilla operations in Holland, Michigan and Dallas, Texas, into the Missouri facility. We estimate that these consolidations will yield a net cost savings of approximately $1.5 million per year, beginning in our fiscal fourth quarter. We look forward to completing the consolidations in the next three months, bringing our teams together and moving us closer to our long-term profitability objectives." concluded Murphy.
Andrew Fulmer, Chief Financial Officer, said, "Our strong balance sheet has provided us with both the resources and the flexibility to pursue important growth opportunities, and we continued to fortify that balance sheet in the first quarter, demonstrating effective capital deployment. Cash from operations exceeded $5.0 million, allowing us to reduce the outstanding balance on our line of credit. Our cash balance of $17.5 million, combined with the capacity on our line of credit, provided us with up to $72.0 million of available capital at the end of the first quarter, and a net debt leverage ratio of less than 0.1 times our trailing 12-month Adjusted EBITDAS.
"While we are not giving specific guidance today, we are providing a framework for our revenue outlook for fiscal 2023. Consumer spending patterns over the balance of our fiscal year have yet to be determined, and we believe that retailers and distributors continue to be extremely cautious with regard to their inventory levels. That said, we also believe our brands are performing well and in alignment with recent consumer outdoor participation trends. As a result, we believe our revenue for fiscal 2023 could exceed pre-pandemic fiscal 2020 revenue by as much as 25%. We believe our solid financial position enables us to continue executing on our long-term strategic plan, investing in our business, and addressing the exciting growth opportunities we have identified for fiscal 2023 and beyond."
Conference Call and Webcast
The Company will host a conference call and webcast today, September 8, 2022, to discuss its first quarter fiscal 2023 financial and operational results. Speakers on the conference call will include Brian Murphy, President and Chief Executive Officer, and Andrew Fulmer, Chief Financial Officer. The conference call may include forward-looking statements and a discussion of non-GAAP financial measures. The conference call and webcast will begin at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). Those interested in listening to the conference call via telephone may call directly at (833) 630-1956 and ask to join the American Outdoor Brands call. No RSVP is necessary. The conference call audio webcast can also be accessed live on the Company's website at www.aob.com, under the Investor Relations section.
Reconciliation of U.S. GAAP to Non-GAAP Financial Measures
In this press release, certain non-GAAP financial measures, including "non-GAAP net income," "non-GAAP income per share diluted," and "Adjusted EBITDAS" are presented. A reconciliation of these and other non-GAAP financial measures are contained at the end of this press release. From time-to-time, the Company considers and uses these non-GAAP financial measures as supplemental measures of operating performance in order to provide the reader with an improved understanding of underlying performance trends. The Company believes it is useful for itself and the reader to review, as applicable, both (1) GAAP measures that include (i) amortization of acquired intangible assets, (ii) stock compensation, (iii) technology implementation, (iv) acquisition costs, (v) stockholder cooperation agreement costs, (vi) income tax adjustments, (vii) interest expense, (viii) income tax expense, and (x) depreciation and amortization; and (2) the non-GAAP measures that exclude such information. The Company presents these non-GAAP measures because it considers them an important supplemental measure of its performance and believes the disclosure of such measures provides useful information to investors regarding the Company's financial condition and results of operations. The Company's definition of these adjusted financial measures may differ from similarly named measures used by others. The Company believes these measures facilitate operating performance comparisons from period to period by eliminating potential differences caused by the existence and timing of certain expense items that would not otherwise be apparent on a GAAP basis. These non-GAAP measures have limitations as an analytical tool and should not be considered in isolation or as a substitute for the Company's GAAP measures. The principal limitations of these measures are that they do not reflect the Company's actual expenses and may thus have the effect of inflating its financial measures on a GAAP basis.
About American Outdoor Brands, Inc.
American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT) is an industry leading provider of outdoor products and accessories, including hunting, fishing, camping, shooting, and personal security and defense products, for rugged outdoor enthusiasts. The company produces innovative, top quality products under its brands BOG®; BUBBA®; Caldwell®; Crimson Trace®; Frankford Arsenal®; Grilla Grills®; Hooyman®; Imperial®; LaserLyte®; Lockdown®; MEAT!; Old Timer®; Schrade®; Tipton®; Uncle Henry®; ust®; and Wheeler®. For more information about all the brands and products from American Outdoor Brands, Inc., visit www.aob.com.
Safe Harbor Statement
Certain statements contained in this press release may be deemed to be forward-looking statements under federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. All statements other than statements of historical facts contained or incorporated herein by reference in this press release, including statements regarding our future operating results, future financial position, business strategy, objectives, goals, plans, prospects, markets, and plans and objectives for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "anticipates," "believes," "estimates," "expects," "intends," "targets," "contemplates," "projects," "predicts," "may," "might," "plan," "would," "should," "could," "may," "can," "potential," "continue," "objective," or the negative of those terms, or similar expressions intended to identify forward-looking statements. However, not all forward-looking statements contain these identifying words. Specific forward-looking statements in this press release include our belief that our direct-to-consumer sales is one gauge of how well our brands are resonating with consumers; our excitement about growth opportunities within our Outdoor Lifestyle category; our long-term strategy to grow the brands in our portfolio by plugging them into our Dock & Unlock process and utilizing our leverageable business model; our estimate that the consolidations of our operations in Wilsonville, Oregon and Holland, Michigan, and Dallas, Texas into our Missouri facility will yield a significant cost savings of approximately $1.7 million per year, beginning in our fiscal fourth quarter and that these consolidations will occur within the next three months; and our belief that our solid financial position enables us to continue executing on our long-term strategic plan, investing in our business, and addressing the exciting growth opportunities we have identified for fiscal 2023 and beyond; our belief that retailers and distributors continue to be extremely cautious with regard to their inventory levels; our belief that our brands are performing well and in alignment with the recent consumer outdoor participation trends; and our outlook for fiscal 2023. We caution that these statements are qualified by important risks, uncertainties, and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. Such factors include, among others, the effects of the COVID-19, pandemic, including potential disruptions in our ability to source the materials necessary for the production of our products, disruptions and delays in the manufacture of our products, and difficulties encountered by retailers and other components of the distribution channel for our products; economic, social, political, legislative, and regulatory factors; lawsuits and their effect on us; inventory levels, both internally and in the distribution channel, in excess of demand; natural disasters, pandemics, seasonality, news events, political events, and consumer tastes; future investments for capital expenditures; future products and product development; the features, quality, and performance of our products; the success of our strategies and marketing programs; our market share and factors that affect our market share; liquidity and anticipated cash needs and availability; the supply, availability, and costs of materials and components and related tariffs; our ability to maintain and enhance brand recognition and reputation; risks associated with the distribution of our products and overall availability of labor; and, other factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended April 30, 2022.
Contact:
Liz Sharp, VP, Investor Relations
lsharp@aob.com
(573) 303-4620
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THOUSAND OAKS, Calif., Sept. 8, 2022 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at Morgan Stanley's 2022 Global Healthcare Conference at 9:10 a.m. ET on Tuesday, Sept. 13, 2022. Robert A. Bradway, chairman and chief executive officer at Amgen will present at the conference. The webcast will be broadcast over the internet simultaneously and will be available to members of the news media, investors and the general public.
The webcast, as with other selected presentations regarding developments in Amgen's business given by management at certain investor and medical conferences, can be found on Amgen's website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2021, Amgen was named one of the 25 World's Best Workplaces™ by Fortune and Great Place to Work™ and one of the 100 most sustainable companies in the world by Barron's.
For more information, visit www.amgen.com and follow us on www.twitter.com/amgen.
CONTACT: Amgen, Thousand Oaks
Megan Fox, 805-447-1423 (media)
Jessica Akopyan, 805-447-0974 (media)
Arvind Sood, 805-447-1060 (investors)
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SOURCE Amgen | https://www.whsv.com/prnewswire/2022/09/08/amgen-announces-webcast-2022-morgan-stanley-global-healthcare-conference/ | 2022-09-08T21:34:04Z |
VANCOUVER, BC, Sept. 8, 2022 /PRNewswire/ - Aris Gold Corporation (Aris Gold or the Company) (TSX: ARIS) (OTCQX: ALLXF) announces the receipt of positive recommendations in support of the business combination with GCM Mining announced on July 25, 2022, from two independent proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis & Co., LLC (Glass Lewis). The Aris Gold shareholder meeting to approve the transaction is scheduled for September 19, 2022.
ISS and Glass Lewis are leading independent, third-party proxy advisory firms who provide voting recommendations to pension funds, investment managers, mutual funds, and other institutional shareholders.
In making the recommendation, ISS commented:
"The transaction makes strategic sense as the arrangement will create a combined company with a balanced portfolio of operating and development assets with increased scale and diversification, significant free cash flow to unlock shareholder value, including potential cost reduction synergies of approximately $10 million per year. In addition, the at-market-value merger is expected to provide the combined company with an opportunity to re-rate its share price, improved balance sheet and enhanced capital markets profile."
Glass Lewis commented:
"The proposed transaction is predicated on sound rationale and is the result of a thorough review by the GCM and Aris Gold boards. In the prevailing market and commodity price environment, a merger involving strategically and geographically complementary assets, such as the proposed transaction, often represents a mutually beneficial path for resource companies to achieve greater scale, asset diversification and potential synergies as they strive to reduce costs and deliver greater returns and incremental value for shareholders."
The Aris Gold shareholder meeting will be held virtually on September 19, 2022 at 10am PT/1pm ET via live audio webcast at https://web.lumiagm.com/294-900-287.
Aris Gold shareholders requiring assistance may contact Aris Gold's proxy solicitation agent, Laurel Hill Advisory Group, as follows:
toll-free North America 1-877-452-7184
collect outside of North America at 1-416-304-0211
e-mail at assistance@laurelhill.com.
Aris Gold is a Canadian mining company listed on the TSX under the symbol ARIS and on the OTCQX under the symbol ALLXF. The Company is led by an executive team with a demonstrated track record of creating value through building globally relevant gold mining companies. In Colombia, Aris Gold operates the 100%-owned Marmato mine, where a modernization and expansion program is under way, and as of April 12, 2022, operates the Soto Norte joint venture, where environmental licensing is advancing to develop a new gold mine. Aris Gold also owns the Juby project, an advanced exploration stage gold project in the Abitibi greenstone belt of Ontario, Canada. Aris Gold plans to pursue acquisition and other growth opportunities to unlock value creation from scale and diversification.
Additional information on Aris Gold can be found at www.arisgold.com and www.sedar.com.
This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein are forward-looking, other than statements of historical fact, including without limitation statements relating to the Aris Gold shareholder meeting and the expected and potential synergies to be realized from the transaction. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Statements concerning mineral resource estimates may also be deemed to constitute forward-looking information to the extent that they involve estimates of the mineralization that will be encountered. The material factors or assumptions used to develop forward-looking information or statements are disclosed throughout this news release.
Forward-looking information and forward-looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of GCM Mining, Aris Gold and the resulting entity to be materially different from those expressed or implied by such forward-looking information or forward-looking statement
Although GCM Mining and Aris Gold have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and 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 information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The forward-looking statements and forward-looking information are made as of the date hereof and each of GCM Mining and Aris Gold disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
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SOURCE Aris Gold Corporation | https://www.whsv.com/prnewswire/2022/09/08/aris-gold-receives-positive-recommendations-iss-glass-lewis-proposed-combination-with-gcm-mining/ | 2022-09-08T21:34:11Z |
LAVAL, Quebec, Sept. 8, 2022 /PRNewswire/ -- Bausch Health Companies Inc. (NYSE/TSX: BHC) (the "Company") clarified today certain provisions related to its previously announced offers (the "Exchange Offers") to exchange the existing senior notes (the "Existing Senior Notes") for new secured notes (the "New Secured Notes") and related solicitation of consent (the "Consent Solicitation") pursuant to the terms described in an Exchange Offer Memorandum and Consent Solicitation Statement, dated Aug. 30, 2022 (the "Exchange Offer Memorandum").
In response to certain concerns raised by holders of Existing Senior Notes, the Company hereby confirms the following with respect to the customary release and waiver provisions set forth in clauses (ii) and (iii) in the section "Terms of the Offers and Consent Solicitations—Procedures for Tendering Existing Senior Notes and Delivering Consents—Representations, Warranties and Undertakings" in the Exchange Offer Memorandum:
- Upon an Eligible Holder (as defined in the Exchange Offer Memorandum) tendering its Existing Senior Notes in the Exchange Offers, such Eligible Holder (a) waives any and all other rights only with respect to the Existing Senior Notes actually exchanged in the Exchange Offers and (b) releases and discharges Bausch Health and its affiliates from any and all claims such holder may have now, or may have in the future, arising out of, or related to, such Existing Senior Notes actually exchanged in the Exchange Offers;
- If an Eligible Holder does not exchange all of its Existing Senior Notes or if certain of its exchanged Existing Senior Notes are returned to it as a result of proration, such an Eligible Holder retains all claims, causes of action and rights under the retained Existing Senior Notes; and
- Upon receipt of the New Secured Notes, the tendering Eligible Holder will have all claims, causes of action and rights entitled to such Eligible Holder under the terms of the New Secured Notes.
The Exchange Offers and Consent Solicitations are being made, and the applicable series of New Secured Notes are being offered, only to holders of the Existing Senior Notes who are either (a) persons other than "U.S. persons" as defined in Regulation S, and who agree to purchase the New Secured Notes outside of the United States, and who are otherwise in compliance with the requirements of Regulation S; or (b) persons who are reasonably believed to be both (i) "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act") and to whom the New Secured Notes are offered in the United States in a transaction not involving a public offering, pursuant to Section 4(a)(2) of the Securities Act and (ii) qualified purchasers (as defined in Section 2(a)(51) of the U.S. Investment Company Act of 1940, as amended; provided that, in each case, if such holder (i) is resident in Canada, such holder is required to complete, sign and submit to the exchange agent a Canadian holder form, which may be obtained from the information agent, or (ii) is in the European Economic Area or the United Kingdom, such holder is a "qualified investor" and is not a "retail investor". With respect to holders in the European Economic Area, a "retail investor" means a person who is one (or more) of: (i) a "retail client" as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a "customer" within the meaning of Directive (EU) 2016/97, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a "qualified investor" as defined in Regulation (EU) 2017/1129. The holders of Existing Senior Notes who have certified that they are eligible to participate in the Offers and Consent Solicitations pursuant to at least one of the foregoing conditions are referred to as "Eligible Holders." Eligible Holders may go to www.dfking.com/bhc to confirm their eligibility.
All other terms, provisions and conditions of the Exchange Offers and Consent Solicitation remain in full force and effect. Full details of the terms and conditions of the Exchange Offers and the Consent Solicitations are described in the Exchange Offer Memorandum. The Exchange Offers and the Consent Solicitations are only being made pursuant to, and the information in this press release is qualified in its entirety by reference to, the Exchange Offer Memorandum. Eligible Holders of the Existing Senior Notes are encouraged to read these documents, as they contain important information regarding the Exchange Offers and the Consent Solicitations. This press release is neither an offer to purchase nor a solicitation of an offer to buy any Existing Senior Notes in the Exchange Offers or the Consent Solicitations.
Requests for the Exchange Offer Memorandum and other documents relating to the Exchange Offers and the Consent Solicitations may be directed to D.F. King & Co., Inc., the exchange agent and information agent for the Offers, at (212) 232-3233 (for banks and brokers only) or (877) 478-5045 (toll-free) (for all others) or bhc@dfking.com.
None of the Company, any of their respective subsidiaries or affiliates, or any of their respective officers, boards of directors or directors, the dealer manager and solicitation agent, the exchange agent and information agent or any trustee is making any recommendation as to whether Eligible Holders should tender any Existing Senior Notes in response to the Exchange Offers or deliver any consents pursuant to the Consent Solicitations and no one has been authorized by any of them to make such a recommendation. Eligible holders must make their own decision as to whether to tender their Existing Senior Notes and deliver consents, and, if so, the principal amount of Existing Senior Notes as to which action is to be taken.
The Exchange Offers and the Consent Solicitations are not being made to Eligible Holders of Existing Senior Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. The New Secured Notes have not been and will not be registered under the Securities Act, or any state securities laws and may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The New Secured Notes have not been and will not be qualified for sale to the public by prospectus under applicable Canadian securities laws and, accordingly, any issuance of New Secured Notes in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the New Secured Notes in the United States and shall not constitute an offer, solicitation or sale of the New Secured Notes in any jurisdiction where such offering or sale would be unlawful. There shall not be any sale of the New Secured Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About Bausch Health Companies Inc.
Bausch Health Companies Inc. (NYSE/TSX: BHC) is a global diversified pharmaceutical company whose mission is to improve people's lives with our health care products. We develop, manufacture and market a range of products primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals and eye health, through our approximately 88.7% ownership of Bausch + Lomb. With our leading durable brands, we are delivering on our commitments as we build an innovative company dedicated to advancing global health.
Forward-Looking Statements
This news release may contain forward-looking statements about the future performance of the Company, which may generally be identified by the use of the words "anticipates," "hopes," "expects," "intends," "plans," "should," "could," "would," "may," "believes," "subject to" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Actual results are subject to other risks and uncertainties that relate more broadly to the Company's overall business, including those more fully described in the Company's most recent annual report on Form 10-K and detailed from time to time in the Company's other filings with the U.S. Securities and Exchange Commission and the Canadian securities administrators, which factors are incorporated herein by reference.
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SOURCE Bausch Health Companies Inc. | https://www.whsv.com/prnewswire/2022/09/08/bausch-health-clarifies-release-provisions-related-its-exchange-offers-consent-solicitations/ | 2022-09-08T21:34:18Z |
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2022 third quarter earnings on Tuesday, November 1, 2022 after the market close. Brixmor will host a teleconference on Wednesday, November 2, 2022 at 10:00 AM ET.
Event: Brixmor Property Group's Third Quarter Earnings Results
When: 10:00 AM ET, Wednesday, November 2, 2022
Live Webcast: Brixmor 3Q 2022 Earnings Call under the Investors tab at https://www.brixmor.com
Dial #: 1.877.704.4453 (International: 1.201.389.0920)
A replay of the webcast will be available on the Brixmor website at https://www.brixmor.com. A replay of the call can be accessed until midnight ET on Wednesday, November 16, 2022 by dialing 844.512.2921 (International: 412.317.6671); Passcode: 13732415.
Connect With Brixmor
- For additional information, please visit https://www.brixmor.com;
- Follow Brixmor on:
- Find Brixmor on LinkedIn at https://www.linkedin.com/company/brixmor.
About Brixmor Property Group
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 379 retail centers comprise approximately 67 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.
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SOURCE Brixmor Property Group Inc. | https://www.whsv.com/prnewswire/2022/09/08/brixmor-property-group-announces-third-quarter-2022-earnings-release-teleconference-dates/ | 2022-09-08T21:34:24Z |
SACRAMENTO, Calif., Sept. 8, 2022 /PRNewswire/ -- The California Lawyers Association (CLA) is partnering with the San Diego County Bar Association (SDCBA) to host and bring together local bar leaders for the 2022 Annual California Bar Leaders Conference. CLA welcomes bar leaders across California to join the statewide voluntary bar association and SDCBA in a series of discussions on Wednesday, September 14, 2022, in San Diego. The conference, which will also be offered virtually, features an afternoon of programs designed to strengthen attendees' leadership skills.
Suzanne Hoffman, Ph.D., a licensed psychologist and organizational consultant, will kick off the event with her keynote speech on "Constructive Conflict: Bringing Civility Back to the Board."
After a break, CLA CEO and Executive Director Oyango A. Snell will lead the group in a discussion of the issues raised to reflect and discuss how civility issues play out from a practical perspective amongst bar leaders and staff.
"After two-plus years of remote work and virtual events, I look forward to seeing everyone and exploring the shared challenges and opportunities we face," Snell said.
The conference concludes with a program titled "Nonprofit Management: Board Accountability + Measuring Progress," featuring a distinguished panel of bar leaders.
In addition to the free training, CLA is offering bar leaders a discounted rate to the CLA Annual Meeting, which kicks off on Thursday, September 15, at the Hilton San Diego Bayfront. The Annual Meeting features MCLE courses and multiple networking opportunities. Contact bar.relations@calawyers.org for the discount code and more information. Tickets are sold separately for the California Judges Association and the California Lawyers Association first-ever black-tie Gala on September 17, 2022 to support diversity in the profession, access to justice, and civics education programs.
"As the voluntary bar association for all California attorneys, we strive to be a convener of bar associations and gather folks together to pursue our common goals," CLA President Jeremy M. Evans said. "The Bar Leaders Conference, Annual Meeting, and Gala, among other opportunities, do just that—convene us in one place. We thank you for participating."
Established in 2018, California Lawyers Association is the statewide voluntary bar association for all California attorneys. CLA's mission is to promote excellence, diversity, and inclusion in the legal profession and fairness in the administration of justice and the rule of law. Visit us at www.calawyers.org to learn more about CLA or follow us on Facebook, LinkedIn, or Twitter.
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SOURCE California Lawyers Association | https://www.whsv.com/prnewswire/2022/09/08/california-lawyers-association-brings-together-california-bar-leaders/ | 2022-09-08T21:34:31Z |
UPDATED: Chairman & CEO of Citius, Leonard Mazur, to present September 12, 2022 at 8:30am ET
CRANFORD, N.J., Sept. 8, 2022 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius" or the "Company") (Nasdaq: CTXR), today announced that Citius will participate in the H.C. Wainwright 24th Annual Global Investment Conference being held September 12-14, 2022. Leonard Mazur, Chairman and CEO of Citius, will present in person on September 12, 2022 at 8:30 am EDT, and host one-on-one meetings with investors.
Registered participants will be able to view Mr. Mazur's presentation live through the conference website or access an archived webcast of the presentation under "Events" in the Investors section of the Citius website. The archived webcast will be available for 90 days following the event.
About Citius Pharmaceuticals, Inc.
Citius is a late-stage biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products, with a focus on oncology, anti-infectives in adjunct cancer care, unique prescription products, and stem cell therapies. The Company's diversified pipeline includes two late-stage product candidates, Mino-Lok®, an antibiotic lock solution for the treatment of patients with catheter-related bloodstream infections (CRBSIs), which is currently enrolling patients in a Phase 3 Pivotal superiority trial, and I/ONTAK (E7777), a novel IL-2R immunotherapy for an initial indication in cutaneous T-cell lymphoma (CTCL), for which a BLA submission is being prepared for the second half of 2022. Mino-Lok® was granted Fast Track designation by the U.S. Food and Drug Administration (FDA). I/ONTAK has received orphan drug designation by the FDA for the treatment of CTCL and peripheral T-cell lymphoma (PTCL). In the first half of 2022, Citius initiated a Phase 2b trial for Halo-Lido, a topical formulation for the relief of hemorrhoids. The Company anticipates completing enrollment in the Halo-Lido trial by the end of 2022. For more information, please visit www.citiuspharma.com.
Investor Contact:
Ilanit Allen
Vice President, Corporate Communications and Investor Relations
T: 908-967-6677 x113
E: ir@citiuspharma.com
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SOURCE Citius Pharmaceuticals, Inc. | https://www.whsv.com/prnewswire/2022/09/08/citius-pharmaceuticals-inc-present-hc-wainwright-24th-annual-global-investment-conference/ | 2022-09-08T21:34:38Z |
ACO REACH Explorer assists with data unification, population health management and omni-channel patient engagement with a special focus on advancing health equity
PALO ALTO, Calif., Sept. 8, 2022 /PRNewswire/ -- CloudMedx, the healthcare technology company featured everywhere from Newsweek to World Economic Forum, has launched a new bundled tool called ACO REACH Explorer that empowers ACO REACH participants with the tools required to succeed in managing their patient population.
CloudMedx's ACO REACH Explorer is a bundled solution suite that provides support for the full spectrum of ACO REACH requirements. This includes unifying and visualizing disparate data (via the ONE Platform), providing population health management (via Clinical Explorer), improving health equity (via SDOH Explorer) and omni-channel patient engagement (via Patient Explorer). The bundled solution is specifically tailored for the ACO REACH participants, providing a seamless technology suite to meet all their requirements. The insights are also available as APIs that can be integrated with existing solutions.
- Data unification from disparate sources and formats
- Advancing health equity with actionable insights for zip-code level SDOH metrics
- Population Health Management for risk stratification, predictive analytics and quality reporting
- Omni-channel patient engagement with a combination of AI-based automated outreach as well as human support for gap closures
- Risk adjustment
- Cost utilization tracking
- Network leak management
- Price transparency data
For more details on the tool, see https://cloudmedxhealth.com/product-solutions/aco-reach-explorer/.
CloudMedx Inc. is transforming healthcare delivery using Artificial Intelligence, giving patients, providers and payers information they need to ensure the best care, optimize outcomes, and save money. The company's data platform collects and organizes vast amounts of information from public and proprietary sources, including clinical, social, and economic insights. With powerful data visualizations, predictive analytics, interoperable tools and a suite of application services, CloudMedx provides unified patient records, unprecedented understandings of health data in various populations, and automated workflows, yielding superior outcomes. For more information, please visit www.cloudmedxhealth.com
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SOURCE CloudMedx Inc. | https://www.whsv.com/prnewswire/2022/09/08/cloudmedx-launches-new-bundled-solution-aco-reach-participants/ | 2022-09-08T21:34:47Z |
Houston Business Journal Recognizes Maksoud for Leadership, Community Involvement
HOUSTON, Sept. 8, 2022 /PRNewswire/ -- DEC President and CEO Michel Maksoud, Ph.D., P.E., has been recognized as a 2022 Most Admired CEO by the Houston Business Journal (HBJ). Maksoud was among the honorees celebrated at a luncheon of 500 corporate, government and community leaders hosted by the HBJ on Sept. 1.
A panel of judges reviewed more than 300 nominations and selected 45 honorees based on their contributions to their organization's success, civic involvement, career achievement and more. The honorees represent several of Houston's prominent industries, with CEOs from energy companies, nonprofits, homebuilders, real estate firms and more.
Maksoud said, "I'm truly honored and humbled to be nominated by DEC employees and included among these outstanding Houston leaders. This honor is a tribute to all the DEC employees who are dedicated our vision to be the engineering company of choice by delivering engineering excellence, building enduring relationships and positively impacting the communities where we work."
In the nomination, DEC employees wrote: "Michel has proven to be the right leader to guide the company through a period of reorganization and growth. By fulfilling his commitments to build a stronger, more collaborative, transparent company, he has earned the respect and dedication of DEC employees."
One employee wrote in his nomination letter: "Michel Maksoud is an outstanding president and CEO who leads by example. He is an excellent structural and bridge engineer, a dedicated mentor and active community volunteer. He sets a high standard for himself and encourages others to always do their very best."
Another long-time DEC executive wrote: "In the 20 years that I've worked with Michel Maksoud, I have always appreciated his calm leadership, first as chief structural engineer, then as head of the Houston Transportation Division, and now as president and CEO. He has always listened to others, weighed all options and made sound decisions. "
Maksoud was appointed to head up the Texas engineering firm in 2019 after leading DEC's Houston Transportation Department since 2006. He has more than 30 years of civil engineering project experience, including highly visible, major projects across Texas, such as the Grand Parkway in the Houston region.
Maksoud has given countless hours to community and industry organizations in volunteer and leadership roles during his career. As CEO of DEC, he is serving as chair of the American Council of Engineering Companies (ACEC) Transportation Committee, as a member of the ACEC Government Affairs Committee, and a member of the Greater Houston Partnership Transportation & Infrastructure Advisory Committee. Among his community activities, Michel supports aspiring engineers by mentoring University of Houston engineering students with resume reviews and mock interviews.
Maksoud attended The Pennsylvania State University, earning master's and doctoral degrees in civil engineering. He earned his Bachelor of Engineering in civil engineering from the American University of Beirut. He is a licensed professional engineer in the state of Texas.
Since its founding in 1945, DEC has built a solid reputation as a premier civil engineering firm with expertise in water resources, water and wastewater infrastructure, transportation, land development, program management and much more. The company serves clients from seven offices across Texas.
CAPTION: Michel Maksoud, DEC president and CEO, left, accepts his Most Admired CEO award from Bob Charlet, Houston Business Journal Market president and publisher, at the awards banquet on Sept. 1 in Houston.
RELATED LINKS: www.DECorp.com
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SOURCE Dannenbaum Engineering | https://www.whsv.com/prnewswire/2022/09/08/dec-president-ceo-michel-maksoud-honored-most-admired-ceo/ | 2022-09-08T21:34:53Z |
Webcast Replay of the Analyst Day is Available on the Company's Website
CENTENNIAL, Colo., Sept. 8, 2022 /PRNewswire/ -- DHI Group, Inc. (NYSE: DHX) today announced that at its 2022 virtual analyst day event held earlier today, the company raised its full year revenue guidance and provided a continued revenue growth outlook for 2023.
"Based on our continued strong bookings growth across both Dice and CJ, we are increasing our full year 2022 revenue guidance and now expect total revenue to be in the range of $148 million to $149 million, representing growth of between 23% and 24% year over year," commented Kevin Bostick Chief Financial Officer of DHI Group, Inc. "We continue to expect third quarter total revenue to be in the range of $37 million to $38 million, representing growth of between 20% and 23% year over year and will continue to operate the business to Adjusted EBITDA margins at or near 20% throughout 2022 as we continue to balance our strong financial performance with increased sales and marketing investment to drive continued double-digit revenue growth.
"While we are not yet providing specific long-term guidance for 2023, DHI intends to maintain its investment strategy in sales and marketing to capture incremental market share for each of its brands' total addressable market. As a result, DHI intends to stay within the Rule of 40 in 2023, with a bias to driving bookings and revenue growth, and anticipates maintaining Adjusted EBITDA margins of approximately 20%. As such, DHI expects to drive bookings and revenue growth in 2023 approaching or near 20% year over year. We anticipate that DHI's business model will see margin expansion approaching approximately 30% Adjusted EBITDA margins over time, however, the near-term focus will remain on investing to drive top-line growth."
DHI's 2022 investor day, with its theme "Where Tech Connects" was hosted by Art Zeile, President and Chief Executive Officer, with presentations by senior management that included details on:
- The tech hiring market and DHI's market opportunity
- The company's products and client needs
- The company's sales growth strategy
- The company's brand and awareness strategy
- The company's view on marketplaces that serve security-cleared talent
- The company's financial model and outlook
Speakers during the event included:
- Art Zeile, Chief Executive Officer
- Paul Farnsworth, Chief Technology Officer
- Arie Kanofsky, Chief Revenue Officer
- Michelle Marian, Chief Marketing Officer
- Evan Lesser, President and Founder of ClearanceJobs
- Kevin Bostick, Chief Financial Officer
Management also hosted a real-time question and answer session at the end of the investor presentation.
A replay of the event is available in the investor relations section of the DHI website at www.dhigroupinc.com.
Investor Contact
Todd Kehrli or Jim Byers
MKR Investor Relations, Inc.
212-448-4181
ir@dhigroupinc.com
Media Contact
Rachel Ceccarelli
VP of Engagement
212-448-8288
media@dhigroupinc.com
About DHI Group, Inc.
DHI Group, Inc (NYSE: DHX) is a provider of AI-powered career marketplaces that focus on technology roles. DHI's two brands, Dice and ClearanceJobs, enable recruiters and hiring managers to efficiently search for and connect with highly skilled technologists based on the skills requested. The Company's patented algorithm manages over 100,000 unique technology skills. Additionally, our marketplaces allow technology professionals to find their ideal next career opportunity, with relevant advice and personalized insights. Learn more at www.dhigroupinc.com.
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SOURCE DHI Group, Inc. | https://www.whsv.com/prnewswire/2022/09/08/dhi-group-inc-raises-full-year-revenue-guidance-2022-analyst-day/ | 2022-09-08T21:35:00Z |
SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature solution as part of the DocuSign agreement platform, today announced results for its fiscal quarter ended July 31, 2022.
"We delivered solid Q2 results, with a strong finish to the first half of the year. These results reflect the focus and dedication of our team on execution during this transition period, with a stronger foundation in place to deliver in the second half of the year. We enter this next phase with a clear set of vital few deliverables for our people initiatives and product roadmap, while driving sustainable and profitable growth at scale," said Maggie Wilderotter, DocuSign's Interim CEO and Board Chair. "We have a $50 billion market opportunity, an industry leading digital agreement platform, strong market position, and an experienced leadership team. I have total confidence our team will successfully deliver for all stakeholders."
Second Quarter Financial Highlights
- Total revenue was $622.2 million, an increase of 22% year-over-year. Subscription revenue was $605.2 million, an increase of 23% year-over-year. Professional services and other revenue was $17.0 million, a decrease of 11% year-over-year.
- Billings were $647.7 million, an increase of 9% year-over-year.
- GAAP gross margin was 78% for both periods. Non-GAAP gross margin was 82% for both periods.
- GAAP net loss per basic and diluted share was $0.22 on 201 million shares outstanding compared to $0.13 on 196 million shares outstanding in the same period last year.
- Non-GAAP net income per diluted share was $0.44 on 206 million shares outstanding compared to $0.47 on 208 million shares outstanding in the same period last year.
- Net cash provided by operating activities was $120.9 million compared to $177.7 million in the same period last year.
- Free cash flow was $105.5 million compared to $161.7 million in the same period last year.
- Cash, cash equivalents, restricted cash and investments were $1,129.6 million at the end of the quarter.
A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures and Other Key Metrics."
Operational and Other Financial Highlights
DocuSign Agreement Cloud 2022 Product Release 2. DocuSign announced new product capabilities, including:
- DocuSign eSignature. Introduced Shared Access, which allows a user to be granted permission to send or manage envelopes on another user's behalf, and announced enhancements to Bulk Send and Agreement Actions.
- DocuSign eSignature App for Stripe. A new integration that allows account, finance and support teams to view eSignature agreements and Stripe payments side-by-side and launch new agreements right from their Stripe dashboards. Stripe users no longer need to go between the two platforms to complete transactions, support customers, or review transactions.
- DocuSign CLM. Introduced a new CLM Integration within Slack that enables customers to collaborate and move their agreements forward in a more streamlined way. CLM for Slack allows users to navigate the full agreement processes from redlining, to reviews and approvals, using our leading CLM solution without ever leaving the Slack platform. Other CLM enhancements include CLM AI-assisted data capture and a new integration with DocuSign CLM Connector for Coupa.
- DocuSign Notary. Introduced support for notaries seated in two additional U.S. states, New Jersey and Oregon, bringing the total number of states supported by DocuSign Notary to 25.
Outlook
The company currently expects the following guidance:
The company has not reconciled its guidance of non-GAAP financial measures to the corresponding GAAP measures because stock-based compensation expense cannot be reasonably calculated or predicted at this time. Accordingly, a reconciliation has not been provided.
Webcast Conference Call Information
The company will host a conference call on September 8, 2022 at 1:30 p.m. PT (4:30 p.m. ET) to discuss its financial results. A live webcast of the event will be available on the DocuSign Investor Relations website at investor.docusign.com. A live dial-in will be available domestically at 877-407-0784 or internationally at 201-689-8560. A replay will be available domestically at 844-512-2921 or internationally at 412-317-6671 until midnight (ET) September 22, 2022 using the passcode 13732324.
About DocuSign
DocuSign helps organizations connect and automate how they prepare, sign, act on, and manage agreements. As part of the DocuSign Agreement Cloud, DocuSign offers eSignature, the world's #1 way to sign electronically on practically any device, from almost anywhere, at any time. Today, over 1.2 million customers and more than a billion users in over 180 countries use the DocuSign Agreement Cloud to accelerate the process of doing business and simplify people's lives.
For more information, visit www.docusign.com, call +1-877-720-2040, or follow @DocuSign on Twitter, LinkedIn, Facebook and Instagram.
Copyright 2022. DocuSign, Inc. is the owner of DOCUSIGN® and all its other marks (www.docusign.com/IP).
Investor Relations:
DocuSign Investor Relations
investors@docusign.com
Media Relations:
DocuSign Corporate Communications
media@docusign.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, that are based on our management's beliefs and assumptions and on information currently available to management, and which statements involve substantial risk and uncertainties. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements in this press release include, among other things, statements under "Outlook" above and any other statements about expected financial metrics, such as revenue, billings, non-GAAP gross margin, non-GAAP diluted weighted-average shares outstanding, and non-financial metrics, such as customer growth, as well as statements related to our expectations regarding our growth. They also include statements about our future operating results and financial position, our business strategy and plans, market growth and trends, and our objectives for future operations. These statements are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.
These risks and uncertainties include, among other things, risks related to our expectations regarding the impact of the coronavirus pandemic (the "COVID-19 pandemic"), including the easing of related regulations and measures as the pandemic and its related effects begin to abate or have abated, on our business, results of operations, financial condition, and future profitability and growth; our expectations regarding the impact of the evolving COVID-19 pandemic on the businesses of our customers, partners and suppliers, and the economy, as well as the macro- and micro-effects of the pandemic and differing levels of demand for our products as our customers' priorities, resources, financial conditions and economic outlook change; global macro-economic conditions, including the effects of inflation, rising interest rates and market volatility on the global economy; our ability to estimate the size of our total addressable market, and the development of the market for our products, which is new and evolving; our ability to effectively sustain and manage our growth and future expenses, achieve and maintain future profitability, attract new customers and maintain and expand our existing customer base; our ability to scale and update our platform to respond to customers' needs and rapid technological change; the effects of increased competition in our market and our ability to compete effectively; our ability to expand use cases within existing customers and vertical solutions; our ability to expand our operations and increase adoption of our platform internationally; our ability to strengthen and foster our relationships with developers; our ability to expand our direct sales force, customer success team and strategic partnerships around the world; the impact of any data breaches, cyberattacks or other malicious activity on our technology systems; our ability to identify targets for and execute potential acquisitions; our ability to successfully integrate the operations of businesses we may acquire, and to realize the anticipated benefits of such acquisitions; our ability to maintain, protect and enhance our brand; the sufficiency of our cash, cash equivalents and capital resources to satisfy our liquidity needs; limitations on us due to obligations we have under our credit facility or other indebtedness; our failure or the failure of our software to comply with applicable industry standards, laws and regulations; our ability to maintain, protect and enhance our intellectual property; our ability to successfully defend litigation against us; our ability to attract large organizations as users; our ability to maintain our corporate culture; our ability to offer high-quality customer support; our ability to hire, retain and motivate qualified personnel, including executive level management; our ability to successfully manage and integrate executive management transitions; our ability to estimate the size and potential growth of our target market; uncertainties regarding the impact of general economic and market conditions, including as a result of regional and global conflicts or related government sanctions; our ability to successfully implement and maintain new and existing information technology systems, including our ERP system; and our ability to maintain proper and effective internal controls. Additional risks and uncertainties that could affect our financial results are included in the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our annual report on Form 10-K for the fiscal year ended January 31, 2022 filed on March 25, 2022, our quarterly report on Form 10-Q for the quarter ended July 31, 2022, which we expect to file on September 8, 2022 with the Securities and Exchange Commission (the "SEC"), and other filings that we make from time to time with the SEC. In addition, any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.
Non-GAAP Financial Measures and Other Key Metrics
To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use certain non-GAAP financial measures, as described below, to understand and evaluate our core operating performance. These non-GAAP financial measures, which may be different than similarly-titled measures used by other companies, are presented to enhance investors' overall understanding of our financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.
We believe that these non-GAAP financial measures provide useful information about our financial performance, enhance the overall understanding of our past performance and future prospects, and allow for greater transparency with respect to important metrics used by our management for financial and operational decision-making. We present these non-GAAP measures to assist investors in seeing our financial performance using a management view, and because we believe that these measures provide an additional tool for investors to use in comparing our core financial performance over multiple periods with other companies in our industry. However, these non-GAAP measures are not intended to be considered in isolation from, a substitute for, or superior to our GAAP results.
Non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income and non-GAAP net income per share: We define these non-GAAP financial measures as the respective GAAP measures, excluding expenses related to stock-based compensation, employer payroll tax on employee stock transactions, amortization of acquisition-related intangibles, amortization of debt discount and issuance costs, acquisition-related expenses, fair value adjustments to strategic investments, executive transition costs, lease-related impairment and lease-related charges, as these costs are not reflective of ongoing operations and, as applicable, other special items. The amount of employer payroll tax-related items on employee stock transactions is dependent on our stock price and other factors that are beyond our control and do not correlate to the operation of the business. When evaluating the performance of our business and making operating plans, we do not consider these items (for example, when considering the impact of equity award grants, we place a greater emphasis on overall stockholder dilution rather than the accounting charges associated with such grants). We believe it is useful to exclude these expenses in order to better understand the long-term performance of our core business and to facilitate comparison of our results to those of peer companies and over multiple periods. In addition to these exclusions, we subtract an assumed provision for income taxes to calculate non-GAAP net income. We utilize a fixed long-term projected tax rate in our computation of the non-GAAP income tax provision to provide better consistency across the reporting periods. For fiscal 2023, we determined the projected non-GAAP tax rate to be 20% tax rate.
Free cash flow: We define free cash flow as net cash provided by operating activities less purchases of property and equipment. We believe free cash flow is an important liquidity measure of the cash that is available (if any), after purchases of property and equipment, for operational expenses, investment in our business, and to make acquisitions. Free cash flow is useful to investors as a liquidity measure because it measures our ability to generate or use cash in excess of our capital investments in property and equipment. Once our business needs and obligations are met, cash can be used to maintain a strong balance sheet and invest in future growth.
Billings: We define billings as total revenues plus the change in our contract liabilities and refund liability less contract assets and unbilled accounts receivable in a given period. Billings reflects sales to new customers plus subscription renewals and additional sales to existing customers. Only amounts invoiced to a customer in a given period are included in billings. We believe billings is a key metric to measure our periodic performance. Given that most of our customers pay in annual installments one year in advance, but we typically recognize a majority of the related revenue ratably over time, we use billings to measure and monitor our ability to provide our business with the working capital generated by upfront payments from our customers.
For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measure, please see "Reconciliation of GAAP to Non-GAAP Financial Measures" below.
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DOWNERS GROVE, Ill., Sept. 8, 2022 /PRNewswire/ -- Dover (NYSE: DOV) announced that its President and Chief Executive Officer, Richard J. Tobin, will speak at the Morgan Stanley Laguna Conference on Thursday, September 15, 2022, at 11:20 AM CDT.
A link to the live audio webcast of the presentation will be available on dovercorporation.com, and the replay will be archived on the website for 90 days.
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
Investor Contact:
Jack Dickens
Senior Director - Investor Relations
(630) 743-2566
jdickens@dovercorp.com
Media Contact:
Adrian Sakowicz
Vice President – Communications
(630) 743-5039
asakowicz@dovercorp.com
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SOURCE Dover | https://www.whsv.com/prnewswire/2022/09/08/dover-president-chief-executive-officer-speak-morgan-stanley-laguna-conference/ | 2022-09-08T21:35:12Z |
EMERYVILLE, Calif., Sept. 8, 2022 /PRNewswire/ -- Dynavax Technologies Corporation (Nasdaq: DVAX), a commercial-stage biopharmaceutical company developing and commercializing innovative vaccines, today announced that Ryan Spencer, Chief Executive Officer, will participate in a virtual fireside chat at the H.C. Wainwright 24th Annual Global Investment Conference, being held September 12-14, 2022.
The on demand presentation will be available, beginning Monday, September 12, 2022 at 7:00 a.m. E.T. and may be accessed through the "Events & Presentations" page on the "Investors" section of the Company's website at https://investors.dynavax.com/events-presentations.
About Dynavax
Dynavax is a commercial-stage biopharmaceutical company developing and commercializing innovative vaccines to help protect the world against infectious diseases. The Company has two commercial products, HEPLISAV-B® vaccine [Hepatitis B Vaccine (Recombinant), Adjuvanted], which is approved in the U.S. and the European Union for the prevention of infection caused by all known subtypes of hepatitis B virus in adults 18 years of age and older, and CpG 1018® adjuvant, currently used in multiple adjuvanted COVID-19 vaccines. Dynavax is advancing CpG 1018 adjuvant as a premier vaccine adjuvant through global research collaborations and partnerships. Current collaborations are focused on adjuvanted vaccines for COVID-19, seasonal influenza, universal influenza, plague, shingles and Tdap. For more information about our marketed products and development pipeline, visit www.dynavax.com and follow Dynavax on LinkedIn.
Contacts:
Nicole Arndt
narndt@dynavax.com
510-665-7264
Derek Cole, President
Investor Relations Advisory Solutions
derek.cole@IRadvisory.com
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SOURCE Dynavax Technologies | https://www.whsv.com/prnewswire/2022/09/08/dynavax-present-hc-wainwright-24th-annual-global-investment-conference/ | 2022-09-08T21:35:19Z |
Company Emerges from Chapter 11 with a Healthier Financial Foundation
Communities Continue to Operate Uninterrupted, Prioritizing Resident Health and Well-being
WILMINGTON, Del., Sept. 8, 2022 /PRNewswire/ -- American Eagle Delaware Holding Company LLC and certain of its subsidiaries (collectively, "Eagle Senior Living" or the "Company") today announced that they have successfully completed a comprehensive financial reorganization to achieve a more balanced and sustainable capital structure. The Company has implemented its plan of reorganization, approved by the U.S. Bankruptcy Court for the District of Delaware on April 27, 2022. Eagle Senior Living has significantly reduced its debt service and enhanced its liquidity position, creating a stronger financial foundation.
As part of the Chapter 11 process, Eagle Senior Living executed a transaction whereby the Company's Vista Lake community was acquired by Atlantis Senior Living LLC. The sale of Vista Lake has closed, and the Vista Lake community is no longer an Eagle Senior Living community. All other Eagle Senior Living communities continue to operate uninterrupted, providing high-quality care and amenities to all residents.
"Through this process, we have secured a bolstered financial structure—allowing our communities to be the place for residents to do more of what they love for years to come," said Todd Topliff, President of American Eagle Delaware Holding Company LLC. "I would like to thank our residents and their family members for their ongoing support, our business partners for their patience, and all of our loyal employees for their unwavering hard work and dedication to providing all residents with the highest quality of care as we have worked to complete this process. We are optimistic about our future."
Greenbrier Senior Living continues to manage all of the communities remaining with Eagle Senior Living.
For more information about Eagle Senior Living's Chapter 11 case, including the terms of the transactions consummated in connection with the Company's emergence, please visit https://dm.epiq11.com/eagleseniorliving, email EagleSeniorLivinginfo@epiqglobal.com or call (800) 713-8096 for U.S. calls or +1 (503) 597-7731 for international calls.
Eagle Senior Living was represented in this matter by Polsinelli as legal counsel and FTI Consulting as restructuring and financial advisor.
About Eagle Senior Living
Established in 2018, Eagle Senior Living was founded with the recognition that our human spirit is elevated through meaningful relationships with others. It's why, across all our communities, residents and associates become like family. It's also the reason those individual communities work to become integrated into the fabric of their surrounding neighborhoods and cities. With 14 communities across seven states, our goal is to enrich the lives of older adults across the nation. Our locations offer independent living, assisted living and memory care.
The culture we foster throughout our organization is built to empower residents and employees through inclusive and purposeful programming that brings people together, because for us, people always come first. That means, in everything we do, our goal is to provide a comfortable place for seniors to live authentic and enriched lives, surrounded by opportunities to grow. Some call this approach best-in-class; we simply call it bringing out the best in each other.
These difference-making values are also shared with our management partner, Greenbrier Senior Living, whose mission is to empower and serve residents, families and associates with heart, passion and focus. For more information, visit https://www.eagleseniorliving.org/.
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SOURCE American Eagle Delaware Holding Company LLC | https://www.whsv.com/prnewswire/2022/09/08/eagle-senior-living-successfully-completes-financial-restructuring/ | 2022-09-08T21:35:25Z |
240 units of independent living, assisted living & memory care will be included in the arts-centric Bethesda master-planned community
DENVER, Sept. 8, 2022 /PRNewswire/ -- Experience Senior Living (ESL) reveals plans for a luxury senior living community coming to the highly anticipated Strathmore Square in Bethesda, Md. The seasoned senior housing developer plans to break ground in Q4 2023 on The Reserve at Strathmore Square -- a 26-story, 300,000-square-foot development with 240 units offering independent living, assisted living and memory care. Located in north Bethesda at the Grosvenor-Strathmore Red Line Metro station between the Metro parking garage and historic Rock Creek Park, The Reserve at Strathmore Square will provide housing catered specifically to seniors.
With each development, ESL aims to create communities with purpose where residents, families and team members can celebrate life together. At The Reserve at Strathmore Square, this is realized with the offering of exclusive amenities such as a swimming pool, a pickleball court, a wellness suite with a smart fitness room, a spa, a professional salon, massage, elevated outdoor spaces including a private memory care courtyard, multiple dining venues, a bar, technology/business center for residents, a sky lounge as well as amenity space with a planned performing arts component. The community will be part of an intergenerational housing development with programs and activities for engaged living.
Working with master developer, Fivesquares Development, Strathmore Square will be a visionary arts-centric community that emphasizes immersive culture and lifelong learning, adjacent to the renowned Strathmore Music Center. With more than 2,000 planned residential units, approximately 35,000 square feet of ground-floor retail and a 1.25-acre central park, Strathmore Square will integrate arts, culture, residences, affordable housing, beautiful open spaces and convenient suburban neighborhood amenities.
"Experience Senior Living offers four community types that each deliver unique advantages and signature aesthetics for residents," Phillip Barklow, president of ESL, said. "With Strathmore Square's focus on quality of life at the highest level, our high-luxury urban brand, The Reserve, is a natural fit for the community. The Reserve at Strathmore Square will be unlike any other community in the area, enhancing senior living by creating 'only at ESL' experiences that cannot be replicated by living at home, and we are honored to bring high-end, resort-like living to this remarkable new urban oasis."
For more information about ESL as well as existing and future properties, visit ExperienceSRLiving.com.
Experience Senior Living is a full-service, vertically integrated owner-operator of active adult, independent living, assisted living, and memory care communities. We are reimaging seniors housing based on our extensive experience serving in a variety of areas, implementing strategic, operational, and human objectives. We translate those experiences to create new and inspiring models of care, focused on hospitality, which are responsive to residents' needs, centered around holistic wellness and engagement with a broader community. Experience drives everything we do, and our team of dynamic professionals are fueled by their passion to empower individuals to live a full and well life now and as they grow older. Experience Senior Living is based in Denver, with communities either active or under development in six states: Colorado, Florida, Indiana, Ohio, Virginia, and Washington.
News Media Contact:
Kirstin Barbour
303.293.0693
pr@esl5280.com
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SOURCE Experience Senior Living | https://www.whsv.com/prnewswire/2022/09/08/experience-senior-living-reveals-high-luxury-development-coming-strathmore-square/ | 2022-09-08T21:35:32Z |
N. BETHESDA, Md., Sept. 8, 2022 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today that the Company will present at the BofA Securities 2022 Global Real Estate Conference on Tuesday, September 13, 2022 at 3:40 PM ET.
Event: Federal Realty Presentation at the BofA Securities 2022 Global Real Estate Conference
When: 3:40 PM ET, Tuesday, September 13, 2022
Live Webcast: FRT BofA Securities 2022 Global Real Estate Conference Presentation or under the Investors tab at www.federalrealty.com
A replay of the webcast will be available within 24 hours after the conclusion of the live event on Federal Realty's website at www.federalrealty.com through December 13, 2022.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 105 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,400 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 55 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
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SOURCE Federal Realty Investment Trust | https://www.whsv.com/prnewswire/2022/09/08/federal-realty-investment-trust-present-bofa-securities-2022-global-real-estate-conference/ | 2022-09-08T21:35:38Z |
WEST PALM BEACH, Fla, Sept. 8, 2022 /PRNewswire/ -- The September issue of Commercial Integrator featured the second-ever Collaboration Today and Tomorrow publication, including the Founder and CEO of AV Integrator McCann, Frank McCann, in its Honor Roll.
The article celebrates outstanding audiovisual and technology industry members and explores the backgrounds and lived experiences of members along their unique personal journeys. Frank recalls the jumpstart his technology life took when he left school and became an apprentice electrician and how those experiences laid the groundwork for starting his namesake company in his New Jersey basement.
The Honor Roll also focuses on the business challenges and solutions brought about by the pandemic. At the same time, the same publication recently published a cover story highlighting McCann's unique approach and "stepping up to the plate" for his staff. "The people who see the customer every day," McCann begins, "they're the people who run McCann Systems." He continues, "During "the Great Furlough," we were able to acquire good talent and made a strategic investment in new staff."
The same September edition of Commercial Integrator features Marc LaPierre, CTS, Executive Project Manager for McCann, on the cover. It is the eighth straight 40 under 40 win for McCann and reinforces Frank's culture and staffing sentiments in the Honor Roll. McCann has grown to eight locations across the U.S. and 175 employees in 2022, adding to its roster of the most talented staff in the AV industry.
About McCann Systems:
McCann Systems, founded in 1996, was established to design, integrate, and elevate innovative audiovisual technologies and communications solutions for companies worldwide. In-house AVIXA CTS experts create a strong national footprint with a global reach, spanning North America with regional design and service offices. Connect with us on LinkedIn, Twitter, Facebook, and Instagram.
Contact:
Matt Wilson
Director of Marketing
mwilson@mccannsystems.com
980-258-2390
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SOURCE McCann Systems | https://www.whsv.com/prnewswire/2022/09/08/frank-mccann-featured-av-industry-honor-roll/ | 2022-09-08T21:35:45Z |
DENVER, Sept. 8, 2022 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will participate in Morgan Stanley's 10th Annual Laguna Conference in Dana Point, California, on Friday, September 16, 2022. Ivo Jurek, Chief Executive Officer, will present at 10:35 a.m. Eastern time.
To access a webcast of this presentation, please visit the Events & Presentations section of the Gates Investor Relations website at investors.gates.com, and click on the event webcast link.
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment ("first-fit") manufacturers as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation. Our products are sold in 128 countries across our four commercial regions: the Americas; Europe, Middle East & Africa; Greater China; and East Asia & India.
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SOURCE Gates Industrial Corporation plc | https://www.whsv.com/prnewswire/2022/09/08/gates-industrial-participate-morgan-stanleys-10th-annual-laguna-conference/ | 2022-09-08T21:35:52Z |
LOUISVILLE, Ky., Sept. 8, 2022 /PRNewswire/ -- Great Place to Work® and Fortune magazine have honored Trilogy Health Services as one of the 2022 Best Workplaces in Aging Services™. This is Trilogy's fourth consecutive year being named to this prestigious list, this time coming in at fourth place. Earning a spot means that Trilogy is one of the best companies to work for in the country, the culmination of its goal to be the best place its employees have ever belonged.
The Best Workplaces in Aging Services award is based on analysis of survey responses from more than 140,000 employees from Great Place to Work-Certified™ companies in the aging services industry. In that survey, 83% of Trilogy's employees said Trilogy is a great place to work. This number is 26% higher than the average U.S. company. Learn more at Trilogy's profile here.
"At Trilogy Health Services, we take pride in putting our team members at the center of all we do, guided by our culture of servant leadership and compassionate care. We believe that if we care for our team members, they will care for our residents, and positive results will follow," Chief Human Resources and Inclusion Officer Priscila Mattingly said. "It is an honor to serve such a purposed-filled and dedicated group of people"
The Fortune Best Workplaces in Aging Services list is highly competitive. Great Place to Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they are a Great Place to Work-Certified™ organization.
Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is.
"The Best Workplaces in Aging Services have a lot to be proud of," says Michael C. Bush, CEO of Great Place to Work. "They stepped up to support the well-being of their employees hard at work caring for high-risk populations at unprecedented levels throughout the pandemic. Congratulations to these great workplaces for their dedication to strong company cultures."
In 2021, Trilogy was ranked #6 as Best Workplace for Aging Services (Senior Housing large). In 2020 and 2019, Trilogy was ranked #4 on the list.
Trilogy Health Services is an industry-leading operator of nearly 130 senior living communities throughout four states. The company has the honor of providing over 10,000 seniors with world-class clinical support, innovative lifestyle programs, and a culture built on the tenets of servant leadership and hospitality. Trilogy employs over 14,000 team members, is a certified Great Place to Work, one of Glassdoor's Top 100 Best Places to Work, and was named one of FORTUNE's Best Places to Work in Aging Services for the fourth year in a row. To learn more about Trilogy Health Services, visit www.trilogyhs.com. To learn about job opportunities at Trilogy, visit www.trilogyjobs.com
Great Place to Work selected the Best Workplaces in Aging Services by gathering and analyzing confidential survey responses from more 140,000 employees from Great Place to Work-Certified™ companies in the aging services industry. Company rankings are derived from 60 employee experience questions within the Great Place to Work® Trust Index™ survey. Great Place to Work determines its lists using its proprietary For All methodology to evaluate and certify thousands of organizations in America's largest ongoing annual workforce study, based on over 1 million survey responses and data from companies representing more than 6.1 million employees, this year alone. Read the full methodology. To get on this list next year, start here.
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
Activated Insights is the senior care division of Great Place to Work and provides employee and resident surveys to aging services provides. With an expertise in senior care, Activated Insights is committed to transform the aging experience by impacting the lives of seniors, families, staff, and others in senior care through research, data, and technology.
Learn more at activatedinsights.com and on LinkedIn, Twitter, Facebook and Instagram.
Media Content: lindsay.english@trilogyhs.com
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SOURCE Trilogy Health Services, LLC | https://www.whsv.com/prnewswire/2022/09/08/great-place-work-names-trilogy-health-services-one-fortune-best-workplaces-aging-services-2022-ranking-4/ | 2022-09-08T21:35:58Z |
MIAMI, Sept. 8, 2022 /PRNewswire/ -- Hemisphere Media Group, Inc. (Nasdaq: HMTV) ("Hemisphere" or the "Company"), a leading pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with prominent broadcast, cable television and digital content platforms, today announced that its stockholders approved the acquisition of the Company by a subsidiary of Gato Investments LP ("Gato"), a portfolio investment of Searchlight Capital Partners, L.P. ("Searchlight").
The final voting results will be filed in a Form 8-K with the U.S. Securities and Exchange Commission.
Subject to the terms of the definitive merger agreement announced on May 10, 2022, the Company's stockholders will receive $7.00 per share in cash. The Company expects to announce consummation of the merger within the coming days, subject to the satisfaction of certain customary closing conditions. Upon closing of the transaction, the Company's common stock will no longer be listed on the Nasdaq stock market.
Forward-Looking Statements
This communication includes forward-looking statements within the meaning of the "safe harbor" provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended, including statements about the potential benefits of the proposed acquisition, anticipated growth rates, the Company's plans, objectives, expectations, and the anticipated timing of the closing of the proposed transaction. When used in this communication, the words "believes," "estimates," "plans," "expects," "should," "could," "outlook," "potential," "forecast," "target" and "anticipates" and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements. Forward-looking statements are based on a number of assumptions about future events and are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from the views, beliefs, projections and estimates expressed in such statements. These risks, uncertainties and other factors include, but are not limited to, those discussed under "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the SEC on March 16, 2022, and the following: (1) the timing, receipt and terms and conditions of any required governmental or regulatory approvals of the proposed transaction that could reduce the anticipated benefits of or cause the parties to abandon the proposed transaction; (2) risks related to the satisfaction of the conditions to closing (including the failure to obtain necessary regulatory approvals or the necessary approvals of the Company's stockholders) in the anticipated timeframe or at all; (3) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the Company's common stock; (4) disruption from the proposed transaction making it more difficult to maintain business and operational relationships, including retaining and hiring key personnel and maintaining relationships with the Company's customers, vendors and others with whom it does business; (5) the occurrence of any event, change or other circumstances that could give rise to the termination of the proposed transaction agreement entered into in connection with the proposed transaction; (6) risks related to disruption of management's attention from the Company's ongoing business operations due to the proposed transaction; (7) significant transaction costs; (8) the risk of litigation and/or regulatory actions related to the proposed transaction or unfavorable results from currently pending litigation and proceedings or litigation and proceedings that could arise in the future; (9) other business effects, including the effects of industry, market, economic, political or regulatory conditions; (10) the ability to meet expectations regarding the timing and completion of the proposed transaction; (11) information technology system failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity, malware or ransomware attacks; and (12) changes resulting from the COVID-19 pandemic, which could exacerbate any of the risks described above. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Each such statement speaks only as of the day it was made. The Company undertakes no obligation to update or to revise any forward-looking statements. The factors described above cannot be controlled by the Company.
About Hemisphere Media Group, Inc.
Hemisphere Media Group, Inc. (HMTV) is the only publicly traded pure-play U.S. media company targeting the high-growth U.S. Hispanic and Latin American markets with leading television, streaming and digital content platforms. Headquartered in Miami, Florida, Hemisphere owns and operates five leading U.S. Hispanic cable networks, two Latin American cable networks, the leading broadcast television network in Puerto Rico, the leading Spanish-language subscription streaming service in the U.S., a Spanish-language content distribution company and has an ownership interest in a leading broadcast television network in Colombia.
About Searchlight
Searchlight is a global private investment firm with over $10 billion in assets under management and offices in New York, London and Toronto. Searchlight seeks to invest in businesses where its long-term capital and strategic support accelerate value creation for all stakeholders. For more information, please visit www.searchlightcap.com.
Contacts:
Edelman Smithfield for Hemisphere Media Group
Ashley Firlan
917-640-4196
Ashley.Firlan@edelmansmithfield.com
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SOURCE Hemisphere Media Group, Inc. | https://www.whsv.com/prnewswire/2022/09/08/hemisphere-media-group-stockholders-approve-acquisition-by-gato-investments-lp-portfolio-investment-searchlight-capital-partners-lp/ | 2022-09-08T21:36:04Z |
Industry experts at California-based Peak 1031 Exchange applauds lawmakers for preserving popular real estate investment tool
LOS ANGELES, Sept. 8, 2022 /PRNewswire/ -- The Inflation Reduction Act was passed by Congress and signed into law by President Biden on August 16, 2022 without any changes to section 1031 of the Internal Revenue Code. The tax statute governs 1031 exchanges, a popular method used by property owners to defer capital gains taxes on real estate investment property.
"This is, of course, welcome news." says Kevin M. Levine, Partner and Executive Vice President at Peak 1031 Exchange (www.peakexchange.com) "However, it is important that real estate professionals stay vigilant on this issue. In today's ever-changing social and political landscape, IRC Section 1031 could easily come under threat again in the future."
The decision not to enact new limits on 1031 exchanges was celebrated by real estate investors and industry experts who opposed President Biden's initial proposals to eliminate, and later limit gain deferral under section 1031. The proposal would have capped the amount of capital gains taxpayers could defer at $500,000 (or $1 million in the case of married individuals filing a joint return) for each sale of investment property. Any gains in excess of $500,000 (or $1 million, as the case may be) would have had to be recognized by the taxpayer in the year the real property was sold.
In preserving section 1031 of the tax code, real estate investors, consumers, and the US economy as a whole can continue to reap the economic benefits of 1031 exchanges. In addition to encouraging and incentivizing real estate investment, bbusinesses that generate income as a result of 1031 exchanges were estimated to have produced approximately $7.8 billion in tax revenue last year, according to a May 2021 study by Ernst & Young.
There are numerous ancillary parties involved throughout the 1031 exchange process, including real estate investors, escrow specialists, qualified intermediaries, lenders, attorneys, and appraisers. In total, the Ernst & Young study estimated that businesses related to 1031 exchanges produced 568,000 jobs, create $27.5 billion of labor income and add $55.3 billion to GDP in 2021 alone.
Peak 1031 Exchange is a leading national provider of tax-deferred 1031 exchange services, specializing in all like-kind transactions including simultaneous, delayed, reverse, improvement and personal Property exchanges. It is part of the Peak Companies (peakcorp.com), a network representing a group of companies providing a comprehensive array of commercial and retail real estate services nationwide including mortgage lending, loan servicing, short sale services, foreclosure services, insurance, real estate brokerage and escrow services. Peak 1031 Exchange does not provide legal or tax advice. Always consult your tax or legal advisor regarding your specific transaction.
CONTACT:
The Peak Companies / Peak 1031 Exchange, Inc.
+1 (818) 591-3300 x7013
aaront@peakcorp.com
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SOURCE Peak 1031 Exchange | https://www.whsv.com/prnewswire/2022/09/08/inflation-reduction-act-passes-with-no-changes-1031-exchanges/ | 2022-09-08T21:36:11Z |
NEXTMap® elevation data and analytics will drive efficiency and save costs for an industry leader in solar energy site planning
Developing scalable, custom analytics to meet the growing demand for solar energy around the world
DENVER, Sept. 8, 2022 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in 3D geospatial data and intelligence solutions, today announced a new contract with a major solar energy company to provide NEXTMap® elevation data as a service and analytics to support solar farm planning and site assessment. Intermap's solution saves renewable energy companies significant time and resources.
Intermap's elevation data as a service business model is scalable to meet the specific needs of customers. The Company developed custom slope analytics to the solar energy company's specific requirements. It rapidly provides detailed information about the steepness of the terrain for site assessments, visualization and planning. This type of analysis typically happens in the preliminary stages of planning so organizations can focus on the most promising sites. Once solar sites are prioritized, survey teams deploy drones and other equipment to evaluate and model the locations further. A major benefit is the reduction of these more costly and time-consuming surveys. Clients can access the elevation data and analytics they need without purchasing the elevation models, resulting in a cost-effective solution that can be used by non-geospatial experts.
"We are excited to provide solar energy companies with cutting-edge elevation data and analytics to support solar projects around the world," said Patrick A. Blott, Intermap's Chairman and CEO. "Intermap's easily accessible geospatial data and analytics make it simple for solar energy companies to manage multiple projects and save time and money associated with sending ground crews in the early stages of planning."
Today's newest subscription reflects Intermap's continued expansion into the renewable energy market where its NEXTMap elevation data and analytics meet the growing demand for solar energy. The global solar power market is expected to grow from $184.03 billion in 2021 to $293.18 billion in 2028 at a CAGR of 6.9% (Source). The growth in demand for solar energy is driven by environmental urgency and incentives set forth by governments to help reduce carbon emissions. Intermap's global data coverage enables energy companies to expand operations to meet the growing renewable energy demand while maintaining confidence that the data will provide accurate and consistent results anywhere in the world.
Recent wins with other major renewable energy companies show the growing demand for Intermap's unique capabilities in providing the necessary tools for renewable energy planning and climate resilience projects. The Company is building recurring revenue at a high margin with a focus on elevation data as a service and analytics to meet the global demand for clean energy.
This new contract includes access to Intermap's NEXTMap elevation data and custom slope analytics, enabling the client to assess viability, evaluate canopy heights and perform cut-fill analysis in the preliminary planning stages of proposed solar projects.
To learn more about Intermap's elevation data and analytics for renewable energy, visit www.intermap.com/renewable-energy.
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.
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/2022/09/08/intermap-announces-new-subscription-solar-projects/ | 2022-09-08T21:36:18Z |
Top offensive rookie joins #TeamBioSteel athletes who prioritize Clean. Healthy. Hydration.™
New York, Sept. 8, 2022 /PRNewswire/ - BioSteel Sports Nutrition Inc. ("BioSteel") today announced the latest addition to #TeamBioSteel with the signing of Ja'Marr Chase, one of the league's top wide receivers. Chase is an authentic fan of BioSteel and believes in the importance of clean hydration, both at home and when he is out on the field. He will be promoting BioSteel through social media, trade marketing, events, including in the Cincinnati area, and more.
Chase joins fellow football stars and #TeamBioSteel athletes Patrick Mahomes, Ezekiel Elliott and Jalen Ramsey in supporting their game with the zero-sugar hydration leader and in elevating the brand's mission of delivering premium hydration to athletes, fans and sports communities around the world.
"Staying healthy and hydrated is key to ensuring this season is even better than the last, and BioSteel products are an essential part of my hydration routine, especially on game day," said Chase. "Heading into my second season, I'm excited to officially join #TeamBioSteel and introduce my community to their zero-sugar products."
"Ja'Marr had a remarkable rookie year, and the fact that he hydrates with BioSteel and is always looking to take his game to the next level makes him a strong, authentic partner for us," said John Celenza, Co-Founder of BioSteel. "We're thrilled to welcome him to #TeamBioSteel as we continue to grow our elite athlete roster and introduce new fans and communities to our lineup of hydration products."
Founded in 2009 by Celenza and business partner and NHL veteran Michael Cammalleri, BioSteel has achieved a reputation for being the hydration product of choice for athletes and consumers. The brand is committed to using premium ingredients, maintaining product transparency, and delivering essential nutrients to support physical activity. Each electrolyte-packed sports drink comes in an eco-friendly 16.7 fl oz Tetra Pak, and the range of flavors includes Blue Raspberry, Mixed Berry, Peach Mango, Rainbow Twist and White Freeze to keep consumers hydrated throughout the day.
BioSteel products are available across North America and globally with select retail partners or direct to consumers online through www.biosteel.com.
BioSteel is a North American beverage brand committed to delivering premium Clean. Healthy. Hydration™. to consumers and athletes across the globe. Each BioSteel sports drink is sugar-free and comes in an eco-friendly Tetra Pak filled with premium ingredients, natural flavors and essential nutrients needed to support physical activity. Perfect for everyone from health and environmentally conscious consumers to world class athletes, BioSteel hydration products are currently readily available across North America, globally with select retail partners, and direct to consumers online through www.biosteel.com.
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SOURCE BioSteel Sports Nutrition Inc. | https://www.whsv.com/prnewswire/2022/09/08/jamarr-chase-signs-with-biosteel-expanding-brands-elite-athlete-roster/ | 2022-09-08T21:36:24Z |
HOUSTON, Sept. 8, 2022 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a study to develop a carbon-neutral, green ammonia-based power system for a semi-submersible drilling unit owned by Odfjell.
KBR will collaborate with Odfjell, Equinor and Wärtsilä to assess conversion of the diesel generators on board drilling units to ammonia-fueled generators.
"We are excited to be a part of a collaborative effort that will fully integrate KBR's semisubmersible technology expertise, Wärtsilä's power systems, and Odfjell's and Equinor's operations capabilities, all to deliver a carbon-neutral solution," said Jay Ibrahim, president of KBR Sustainable Technology Solutions. "This project demonstrates the role ammonia can play in decarbonizing existing assets and achieving net-zero targets. We pride ourselves in driving positive change, innovation and improvement in key markets, and we are proud to support our customers across the industry in their transitions to cleaner fuel options."
KBR is a world-leading ammonia licensor and KBR's K-GreeN® technology produces carbon-free ammonia based on electrolysis of water. K-GreeN is a viable, renewable alternative to decarbonizing the maritime and shipping industries.
KBR has been supporting Equinor and Odfjell for more than three decades with marine technology, engineering and original semi-submersible designs.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission-critical roles in 34 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company's ability to manage its liquidity; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; the possibility of cyber and malware attacks; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.
The company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
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SOURCE KBR, Inc. | https://www.whsv.com/prnewswire/2022/09/08/kbr-awarded-study-renewable-power-system-upgrade-using-green-ammonia-technology/ | 2022-09-08T21:36:31Z |
STATESVILLE, N.C., Sept. 8, 2022 /PRNewswire/ -- Kewaunee Scientific Corporation (NASDAQ: KEQU) today announced results for its first quarter ended July 31, 2022.
Fiscal Year 2023 First Quarter Results:
Sales during the first quarter of fiscal year 2023 were $50,123,000, an increase of 26.9% compared to sales of $39,493,000 from the prior year first quarter. Pre-tax loss for the quarter was $340,000 compared to a pre-tax loss of $1,056,000 for the prior year period. Kewaunee recorded a net loss of $747,000 compared to net loss of $1,345,000 for the prior year period. Margins for the current quarter were negatively impacted as the Company worked to deliver a large portion of the remaining direct orders in its order backlog. Nearly 25% of the current period's domestic segment revenue was for direct orders that, in aggregate, were delivered at a loss for the Company. Most of these projects were tied to contracts that were executed prior to the broad-based inflation experienced last fiscal year. EBITDA1 for the quarter was $275,000 compared to ($342,000) for the prior year period. Diluted loss per share was ($0.27), as compared to diluted loss per share of ($0.48) in the prior year first quarter.
The Company's order backlog was $174.0 million on July 31, 2022, increasing from $120.6 million on July 31, 2021, and $173.9 million on April 30, 2022. This is the fourth time in the last five quarters that the Company has recorded a record order backlog.
Domestic Segment - Domestic sales for the quarter were $37,468,000, an increase of 26.3% from sales of $29,663,000 in the prior year period. The increase in sales was predominantly from higher input costs being rolled into product pricing. Domestic segment net income was $98,000 compared to net loss of $209,000 in the prior year period. Domestic segment EBITDA was $711,000 compared to $399,000 for the prior year period.
International Segment - International sales for the quarter were $12,655,000, an increase of 28.7% from sales of $9,830,000 in the prior year period due to the commencement of delivery of large projects booked in the prior fiscal year. International segment net income was $687,000 compared to $375,000 in the prior year period. International segment EBITDA was $1,051,000 compared to $647,000 for the prior year period.
Corporate Segment – Corporate segment pre-tax net loss was $1,532,000 for the quarter, as compared to $1,511,000 in the prior year period. Corporate segment EBITDA for the quarter was ($1,487,000) compared to corporate segment EBITDA of ($1,388,000) for the prior year period. The primary driver of the change in EBITDA was higher pension expense due to the change in the underlying asset valuation for the Company's frozen pension plan.
Total cash on hand on July 31, 2022 was $21,534,000, as compared to $6,894,000 on April 30, 2022. The increase in cash was primarily from proceeds of the sale-leaseback financing transaction that was recorded as a note receivable on April 30, 2022 and advanced billings received for several large international projects. Working capital was $48,266,000, as compared to $25,709,000 at the end of the first quarter last year and $49,272,000 on April 30, 2022. The Company had no short-term debt as of July 31, 2022, as compared to $1,588,000 on April 30, 2022. Long-term debt was $29,505,000 on July 31, 2022 as compared to $29,704,000 on April 30, 2022. The Company's debt-to-equity ratio on July 31, 2022 was 1.09-to-1, as compared to 1.07-to-1 on April 30, 2022.
"As we announced last year, we made the strategic decision to stop direct sales in markets where the Company historically had done so, assigning these territories to two of our dealers," said Thomas D. Hull III, Kewaunee's President and Chief Executive Officer. "During the first quarter we delivered a large portion of our remaining direct order backlog. Many of these contracts were signed prior to the broad-based inflation experienced last year and were delivered at a loss. While we will continue to deliver the remainder of the direct order backlog over the course of the year, the financial impact is expected to diminish relative to the current quarter as the mix will continue to shift away from direct orders."
"In the last quarter we improved the attractiveness of our backlog in two ways. First, the backlog remained at record levels. Second, our backlog margin improved as we continued to replace the low margin direct sales orders with higher margin product sales. It is our expectation that this dynamic will lead to margin expansion as we move through the fiscal year."
"While economic uncertainty exists, from continued broad-based inflation to concern about a possible pending recession, I am optimistic about the future based on the strength of our order backlog and the continued high level of activity in the marketplace."
EBITDA and Segment EBITDA Reconciliation
About Non-GAAP Measures
EBITDA and Segment EBITDA are calculated as net earnings (loss), less interest expense and interest income, income taxes, depreciation, and amortization. We believe EBITDA and Segment EBITDA allow management and investors to compare our performance to other companies on a consistent basis without regard to depreciation and amortization, which can vary significantly between companies depending upon many factors. EBITDA and Segment EBITDA are not calculations based upon generally accepted accounting principles, and the method for calculating EBITDA and Segment EBITDA can vary among companies. The amounts included in the EBITDA and Segment EBITDA calculations, however, are derived from amounts included in the historical statements of operations. EBITDA and Segment EBITDA should not be considered as alternatives to net earnings (loss) or operating earnings (loss) as an indicator of the Company's operating performance, or as an alternative to operating cash flows as a measure of liquidity.
About Kewaunee Scientific
Founded in 1906, Kewaunee Scientific Corporation is a recognized global leader in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. The Company's products include steel, wood, and laminate casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin worksurfaces and sinks.
The Company's corporate headquarters are located in Statesville, North Carolina. Sales offices are located in the United States, India, Saudi Arabia, and Singapore. Three manufacturing facilities are located in Statesville serving the domestic and international markets, and one manufacturing facility is located in Bangalore, India serving the local, Asian, and African markets. Kewaunee Scientific's website is located at http://www.kewaunee.com.
This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements regarding the Company's future financial condition, results of operations, business operations and business prospects, are forward-looking statements. Words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "predict," "believe" and similar words, expressions and variations of these words and expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions, and other important factors that could significantly impact results or achievements expressed or implied by such forward-looking statements. Such factors, risks, uncertainties and assumptions include, but are not limited to: competitive and general economic conditions and the ongoing impact of the COVID-19 pandemic, including disruptions from government mandates, both domestically and internationally, as well as supplier constraints and other supply disruptions; changes in customer demands; technological changes in our operations or in our industry; dependence on customers' required delivery schedules; risks related to fluctuations in the Company's operating results from quarter to quarter; risks related to international operations, including foreign currency fluctuations; changes in the legal and regulatory environment; changes in raw materials and commodity costs; acts of terrorism, war, governmental action, natural disasters and other Force Majeure events; and the ultimate impact on the Company of the cyber attack suffered on November 5, 2021. The cautionary statements made pursuant to the Reform Act herein and elsewhere by us should not be construed as exhaustive. We cannot always predict what factors would cause actual results to differ materially from those indicated by the forward-looking statements. Over time, our actual results, performance, or achievements will likely differ from the anticipated results, performance or achievements that are expressed or implied by our forward-looking statements, and such difference might be significant and harmful to our stockholders' interest. Many important factors that could cause such a difference are described under the caption "Risk Factors," in Item 1A of our Annual Report on Form 10-K for the fiscal year ended April 30, 2022, which you should review carefully, and in our subsequent quarterly reports on Form 10-Q and current reports on Form 8-K. These reports are available on our investor relations website at www.kewaunee.com and on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this document. The Company assumes no obligation, and expressly disclaims any obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Kewaunee Scientific Corporation | https://www.whsv.com/prnewswire/2022/09/08/kewaunee-scientific-reports-results-first-quarter-fiscal-year-2023/ | 2022-09-08T21:36:37Z |
Creates single opening price point brand identity
CINCINNATI , Sept. 8, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced today Smart Way, a new opening price point Our Brands product line. This line brings together 16 legacy brands into a single, easy-to-find identity.
"As our customers face an ongoing inflationary environment, we know they are looking to stretch their dollars further than ever before," said Stuart Aitken, Kroger's senior vice president and chief merchant and marketing officer. "Smart Way is an exciting, eye-pleasing product line that will be easy for customers to find. By adding a simplified opening price point brand strategy to Our Brands portfolio, we will further cater to every customer, every time."
Smart Way joins Kroger's carefully curated and extensive Our Brands portfolio, which also includes our namesake Kroger brand, Simple Truth, Private Selection, Home Chef and Heritage Farm among others. Consolidating a number of legacy brands will ensure customers searching for opening price point items will be able to easily find what they are looking for on the shelves.
"We are confident Smart Way will have something for everyone," said Juan De Paoli, Vice President, Our Brands for Kroger. "From canned vegetables and bread to juices and staples, this new product line features the products families need to put an even more affordable meal on their table."
Customers can shop approximately 150 Smart Way products on shelves nationwide today, with additional items available in Fall 2022.
Media assets available for download here.
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies nearly half a million associates who serve over 11 million customers daily through a seamless digital shopping experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.
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SOURCE The Kroger Co. | https://www.whsv.com/prnewswire/2022/09/08/kroger-announces-new-smart-way-product-line/ | 2022-09-08T21:36:44Z |
MIAMI, Sept. 8, 2022 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the third quarter ended August 31, 2022 after the market closes on September 21, 2022. Additionally, the Company will hold a conference call on September 22, 2022 at 11:00 a.m. Eastern Time.
The call will be broadcast live on the Internet and can be accessed through Lennar's website at investors.lennar.com. If you are unable to participate during the live webcast, the call will be archived at investors.lennar.com for 90 days.
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.
Contact:
Ian Frazer
Investor Relations
Lennar Corporation
(305) 485-4129
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SOURCE Lennar Corporation | https://www.whsv.com/prnewswire/2022/09/08/lennar-corporations-third-quarter-earnings-conference-call-be-broadcast-live-internet/ | 2022-09-08T21:36:50Z |
BALTIMORE, Sept. 8, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, announced today that its Board of Directors has declared a $1.64 quarterly cash dividend to its stockholders. The quarterly cash dividend of $1.64 per share is payable on November 8, 2022, to stockholders of record as of the close of business on September 20, 2022.
Medifast expects to maintain a program of paying dividends on a quarterly basis. However, the declaration of dividends in the future is subject to the discretion of the company's Board of Directors, who will evaluate the company's dividend program from time to time based on factors that it deems relevant.
About Medifast:
Medifast (NYSE: MED) is the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers scientifically developed products, clinically proven plans and the support of independent OPTAVIA Coaches and a Community to help Customers achieve Lifelong Transformation, One Healthy Habit at a Time®. As the publicly traded market leader by revenue in the U.S. $7 billion weight management industry, the company has impacted more than 2 million lives through its Community of OPTAVIA Coaches, who teach Customers how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Medifast was recognized in 2022 as one of America's Best Mid-Sized Companies by Forbes, in 2020 and 2021 as one of FORTUNE's 100 Fastest-Growing Companies and was named to Forbes' 100 Most Trustworthy Companies in America list in 2017. For more information, visit MedifastInc.com or OPTAVIA.com and follow @Medifast on Twitter.
Forward Looking Statements
Please Note: This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by use of phrases or terminology such as "intend," "anticipate," "expects" or other similar words or the negative of such terminology. Similarly, descriptions of Medifast's objectives, strategies, plans, goals or targets contained herein are also considered forward-looking statements. These statements are based on the current expectations of the management of Medifast and are subject to certain events, risks, uncertainties and other factors. Some of these factors include, among others, constraints, volatility or disruptions in the capital markets or other factors affecting the amount and timing of share repurchases under Medifast's accelerated share repurchase program; risks associated with Medifast's direct-to-consumer business model, the impact of rapid growth on Medifast's systems; disruptions in Medifast's supply chain; Medifast's inability to continue to develop new products; effectiveness of Medifast's advertising and marketing programs, including use of social media by independent OPTAVIA Coaches; Medifast's inability to maintain and grow the network of independent OPTAVIA Coaches; the departure of one or more key personnel; Medifast's inability to protect against online security risks; to protect its brand or to protect against product liability claims; Medifast's planned growth into domestic and international markets; adverse publicity associated with Medifast's products; Medifast's inability to continue declaring dividends; fluctuations of Medifast's common stock market price; the severity, length and ultimate impact of the COVID-19 pandemic on Medifast's results and people and economies; increases in competition, litigation, consequences of other geopolitical events, natural disasters, acts of war, climate change, stockholder activism, regulatory changes, inflation, labor shortages, supply chain issues and the resulting impact on market conditions and consumer sentiment and spending; and a failure of internal control over financial reporting. Although Medifast believes that the expectations, statements and assumptions reflected in these forward-looking statements are reasonable, it cautions readers to always consider all of the risk factors and any other cautionary statements carefully in evaluating each forward-looking statement in this release, as well as those set forth in its Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and other filings filed with the United States Securities and Exchange Commission, including its quarterly reports on Form 10-Q and current reports on Form 8-K. All of the forward-looking statements contained herein speak only as of the date of this release.
MED-F
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SOURCE Medifast, Inc. | https://www.whsv.com/prnewswire/2022/09/08/medifast-announces-quarterly-dividend/ | 2022-09-08T21:36:57Z |
GENYOUth, the Arizona Super Bowl Host Committee, Fry's Food Stores, Dairy Council® of Arizona, and NFL Legend Drew Stanton Launch Mission 57
High impact statewide initiative will tackle food insecurity among Arizona youth
GLENDALE, Ariz., Sept. 8, 2022 /PRNewswire/ -- As excitement builds for Super Bowl LVII in February 2023, GENYOUth, the national non-profit organization founded by America's dairy farmers and the NFL that creates healthier school communities, announced today a partnership with the Arizona Super Bowl Host Committee, Dairy Council® of Arizona, and purpose-minded corporate sponsors including Fry's Food Stores, Frito-Lay North America, The Quaker Oats Company and Frontdoors Media to kick off Mission 57: End Student Hunger, a community-based initiative that will equip schools in high-need communities with Grab and Go school meal equipment packages to tackle hunger among youth in Arizona.
Mission 57: End Student Hunger was launched at the Glendale Elementary School District Office in Glendale, Arizona with a celebratory student event featuring special appearances by former Arizona Cardinal and NFL Legend Drew Stanton, Arizona Super Bowl Host Committee Mascot Spike, school district and government officials including Glendale Mayor Jerry Weiers, and community leaders. Through the generous support of Fry's Food Stores, the Glendale Elementary School District is receiving 11 Grab and Go meal equipment packages to increase access to and participation in the school meal program. These systems include a breakfast/meal cart, a milk cooler, and an NFL FLAG-In-School kit. In total, Mission 57: End Student Hunger will benefit 57 schools throughout Arizona in the coming months and will increase access to over 8.5 million school meals for over 31,000 Arizona students each school year.
GENYOUth's Grab and Go school meal equipment packages have proven to be a game-changer in helping schools grow school meal participation. Of all the steps schools can take toward creating healthier, higher achieving students, implementing school breakfast is perhaps the simplest and most cost effective, with very possibly the most direct impact. Breakfast is linked with numerous health and educational benefits including improved academic performance, student behavior, school attendance, and nutrition intake, while also addressing hunger.
"School meals are a lifeline and critical for students' nutrition security, well-being, and learning. But the statistics underscore that child hunger is at a crisis stage in Arizona, exacerbated by a 10.9% annual food inflation rate that is making it harder than ever for families to afford meals," said Ann Marie Krautheim, M.A., R.D., L.D., CEO of GENYOUth. "September is Hunger Action Month and there is no better time to underscore the urgent need for action to nourish hungry children and elevate the important role that school meals play, especially school breakfast."
- 84% of Arizona students qualify for free/reduced price school meals based on household income.*
- In Arizona, only 55% of students who qualify for free/reduced price school meals participate in school breakfast.*
- Arizona ranks in the bottom half – 29th out of 51 states – in school breakfast participation.*
Added Krautheim, "Through the generous support of our partners like Fry's Food Stores, Mission 57 will help End Student Hunger in Arizona. The only hunger a child should experience is the hunger to learn!"
"We are excited to be introducing new Grab and Go meal equipment in our schools to help provide access to healthy school meals which will enhance our students' ability to learn and thrive in the classroom," said Cindy Segotta-Jones, Superintendent of Glendale Elementary School District. "A nutritious start to the day is critical to student success. I would like to thank GENYOUth, Fry's Food Stores, the Arizona Super Bowl Host Committee, and the Dairy Council of Arizona for their commitment to ending student hunger in Arizona."
In the coming months, GENYOUth with support from additional sponsors including Frito-Lay and The Quaker Oats Company will provide Mission 57: End Student Hunger grants for meal equipment packages to be donated to schools throughout Arizona to increase access to and participation in nutritious school breakfast and throughout the school day. Multiple school events will be held in Arizona communities leading up to Super Bowl LVII and its premier purpose-driven culinary event, Taste of the NFL, on Saturday, February 11, 2023, of which GENYOUth is the charitable partner. Proceeds raised from Taste of the NFL will benefit schools across Arizona and the nation -- the 2022 Taste of the NFL event held in Los Angeles generated $1.5 million in revenue, which supported over 600 school nutrition program grants nationwide to increase access to and participation in school meal programs.
"Mission 57: End Student Hunger is a crucial part of the Arizona Super Bowl Host Committee's goal of driving lasting social and economic impact across our local communities," said Jay Parry, President & Chief Executive Officer of the Arizona Super Bowl Host Committee. "We are proud to be partnering with GENYOUth in tackling food insecurity and delivering the equipment and resources Arizona schools need to help their students succeed all year long. Students' health and well-being is a top priority not just today, but every day."
As a leader in the fight against hunger in Arizona for the past 60 years, Fry's has provided more than 55 million meals in the past five years to families fighting food insecurity in Arizona as part of Kroger's Zero Hunger | Zero Waste.
"Fry's is excited to partner with GENYOUth on Mission 57: End Student Hunger to tackle food insecurity in Arizona," said Monica Garnes, President of Fry's Food Stores. "We want students to be able to focus on their studies rather than be distracted by hunger. This donation will help provide additional access to nutritious school meals for thousands of local students helping to ensure no student goes hungry."
"Mission 57: End Student Hunger reflects the deep commitment of Arizona dairy farmers to the health and well-being of Arizona's children. Students need healthy meals and nourishment to thrive, and we are proud to collaborate with GENYOUth and other partners to ensure all students have access to nutritious dairy products as part of their school meals," said Tammy Baker, General Manager, Dairy Council of Arizona.
"I am proud to be supporting Mission 57: End Student Hunger in Arizona and participating in today's school event in Glendale," said former Arizona Cardinal and NFL Legend Drew Stanton. "My role as a professional football player and father has helped shape my view on the critical role that school nutrition plays in the lives of students. We must all do our part to ensure students have ready access to and can participate in school meal and physical activity programs."
For more information on Mission 57: End Student Hunger and Taste of the NFL, visit GENOUthNow.org/ Mission57 and TasteoftheNFL.com.
To help GENYOUth End Student Hunger, visit GENYOUthNow.org/donate.
* Source: Food Research & Action Center
GENYOUth is a 501c3 nonprofit organization that creates healthier school communities. Founded by America's dairy farmers and the NFL, GENYOUth convenes a network of private and public partners, including Fortune 100 companies and foundations, to raise funds for youth wellness initiatives that give youth the inspiration, motivation, and programs to be healthy high-achieving students. GENYOUth's flagship program, Fuel Up to Play 60, enrolls over 73,000 U.S. schools, reaching over 38 million students. Our school nutrition grants increase access to healthy school meals among food insecure students. NFL FLAG-In-Schools is the fastest-growing youth sport in the country (ages 6-14) with over 32,000 flag kits to school communities reaching over 15 million students. AdVenture Capital brings out the entrepreneurial spirit and creativity of students with the support of corporate mentors to solve real world problems. GENYOUth is the official charitable partner of Taste of the NFL, a purpose-driven Super Bowl culinary experience that raises awareness and generates funds to fight hunger and food insecurity to support the organization's commitment to end student hunger.
The Arizona Super Bowl Host Committee is an Arizona non-profit responsible for planning and executing a successful Super Bowl LVII in 2023. The goal of the Host Committee is to galvanize local stakeholders in a united approach to hosting the largest single-day sporting event in the world by maximizing positive media exposure, fueling the economic engine of Arizona, and leaving a lasting legacy. The Host Committee serves as liaison between the NFL and all regional efforts, culminating with the game in 2023 at State Farm Stadium, home to the Arizona Cardinals. This is the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. Only four other sites (South Florida, New Orleans, Los Angeles, and Tampa Bay) hold this distinction. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook.
At Fry's Food Stores, a company of The Kroger Co. (NYSE: KR), we are Fresh for Everyone™ and dedicated to our Purpose: To Feed the Human Spirit®. Headquartered in Tolleson, we employ more than 21,000 associates and operate 125 Fry's Food Stores and 97 fuel centers across the state. Fry's has been serving Arizonans since 1960 and was selected as the 2019 Business of the Year by the Greater Phoenix Chamber of Commerce. As a division of The Kroger Family of Companies, we care about the communities we serve, working to end hunger and eliminate waste across the company through our Zero Hunger | Zero Waste social impact plan. In 2021, we provided nearly 12 million meals to Arizona's hungry families
Dairy Council
®
of
(DCAZ) is
the not-for-profit,
of Arizona Milk Producers. Staffed by registered dietitians, DCAZ strives to contribute to the achievement of optimal health for the
community by providing nutrition education based on the latest scientific research and the concept of a balanced diet that includes milk and milk products. To address hunger initiatives in the local community, DCAZ provides food preparation and storage equipment to food banks and school food service programs.
Frito-Lay North America is the $18 billion convenient foods division of PepsiCo, Inc. (NASDAQ: PEP), which is headquartered in Purchase, N.Y. Frito-Lay snacks include Lay's and Ruffles potato chips, Doritos tortilla chips, Cheetos snacks, Tostitos tortilla chips and branded dips, SunChips multigrain snacks and Fritos corn chips. The company operates 30+ manufacturing facilities across the U.S. and Canada, more than 200 distribution centers and services 315,000 retail customers per week through its direct-store-delivery model. Learn more about Frito-Lay at the corporate website, http:www.fritolay.com/, on Twitter fritolay, on Instagram @fritolay and on Facebook Frito-Lay.
The Quaker Oats Company, headquartered in Chicago, is a unit of PepsiCo, Inc., one of the world's largest consumer packaged goods companies. For more than 140 years, Quaker's brands have served as symbols of quality, great taste and nutrition. Quaker® Oats, Quaker® Rice Cakes and Quaker Chewy® Granola Bars are consumer favorites. For more information, please visit www.QuakerOats.com, www.Facebook.com/Quaker or follow us on Twitter and Instagram @Quaker.
Glendale Elementary School District (GESD) provides educational services to more than 9,500 students in pre-kindergarten through eighth grade in 12 schools, one online school, and one alternative program. The District's 1,500 employees are focused on meeting the needs of a diverse student body in Glendale, Arizona. Visit gesd40.org or follow GESD on social media at @GESD40 for more information.
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CAMBRIDGE, Mass., Sept. 8, 2022 /PRNewswire/ -- Myeloid Therapeutics, Inc. ("Myeloid"), a clinical stage mRNA-immunotherapy company harnessing the power of myeloid and innate biology to engineer novel therapies that elicit a broad immune response for cancer and autoimmune diseases, today announced that the Company will participate in the following investor conferences:
- Morgan Stanley 20th Annual Global Healthcare Conference, September 12-14th, 2022, in NY
- Jefferies Cell & Genetic Medicine Summit, September 29-30th, 2022, in NY
Myeloid Therapeutics is a clinical stage mRNA-immunotherapy company harnessing the power of myeloid cell biology to engineer new therapeutic alternatives for patients with cancer and autoimmune diseases. Integrating the fields of RNA biology, immunology, and medicine, the Company's proprietary platform provides clinical solutions that match therapeutic modalities to disease conditions, including use of autologous cell therapies, in vivo cell programming using mRNA, RNA-based gene-editing using RetroT™ and multi-targeted biologics. Myeloid is advancing a broad portfolio of clinical and preclinical candidates designed to enable full immune system responses. Myeloid has entered into strategic partnerships with Prime Medicine and Acuitas and is supported by well-known biotechnology investors. Myeloid is headquartered in Boston, MA.
For more information, please visit https://www.myeloidtx.com/.
Investor and Media Contact
Amy Conrad
Juniper Point
Amy@juniper-point.com
858-914-1962
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SOURCE Myeloid | https://www.whsv.com/prnewswire/2022/09/08/myeloid-therapeutics-participate-september-investor-conferences/ | 2022-09-08T21:37:09Z |
HOUSTON, Sept. 8, 2022 /PRNewswire/ -- NASA and Rice University leaders will host multiple events to celebrate the 60th anniversary of John F. Kennedy's historic speech at Rice Stadium in Houston, helping advance the agency's leadership in human spaceflight through multiple eras including Apollo Moon landings, space shuttle, International Space Station, and soon, Artemis missions.
The agency will provide live coverage of the final event at 11 a.m. CDT on Monday, Sept. 12, commemorating the speech on NASA Television, the NASA app, and the agency's website.
NASA Administrator Bill Nelson will be the keynote speaker. The program also features Johnson Space Center Director Vanessa Wyche as well as other agency officials, dignitaries, and local and national elected officials.
NASA leaders, including Nelson and Wyche, will be available to speak to media at Rice University at 9:30 a.m. on Monday. Media who want to attend commemoration events at Rice University, including interviewing NASA leaders, should RSVP in advance to Doug Miller, director of Rice News and Media Relations, at doug.miller@rice.edu or 713-348-6770.
Gates to the stadium will open to the public at 9 a.m. Monday. The event will feature exhibits from NASA, Space Center Houston, Rice University, and space industry partners, who will commemorate Kennedy's historic challenge and unprecedented commitment of resources that set a young space agency on the path to achieve the goal with the successfully landing Apollo 11 astronauts on the Moon July 20, 1969.
Today, NASA is preparing to launch the agency's Artemis I test flight to the Moon, a major step forward in the Artemis Generation of deep space exploration. The Space Launch System rocket will send the Orion spacecraft on the Artemis I flight test around the Moon and back to Earth, paving the way for future missions with crew.
Through Artemis missions, NASA will land the first woman and the first person of color on the Moon, using innovative technologies to explore more of the lunar surface than ever before for the benefit of all. In collaboration with commercial and international partners, NASA will establish the first long-term presence on the Moon. Then, humanity will use what it learns on and around the Moon to begin the next giant leap: sending the first astronauts to Mars.
Additional events and activities include at Rice University include:
Saturday, Sept. 10
- 10 a.m. – NASA pavilion and Industry and Research exhibits open to the public, free of charge.
- 11 a.m. – Space selfie on the Rice Stadium field, weather/clouds permitting. Details and registration at tinyurl.com/mr292zvm.
- 6:30 p.m. – Commemorative football game between the Rice University Owls and the McNeese State University Cowboys in Rice Stadium. Vanessa Wyche, director of the Johnson Space Center, will participate in the coin toss and members of NASA's Orion team will be honored.
Sunday, Sept. 11
- 10 a.m. – Community Day: NASA and industry exhibits open to the public
Monday, Sept. 12
- 9:30 a.m. – NASA leaders available to speak with media.
- 11 a.m. – As noted above, NASA will provide live coverage of the main event. Participants will include:
Reporters and photographers covering the events will be required to bring media identification. Credentialing for the Sept. 12 event will be conducted on-site.
Media parking will be located in the South Stadium lot, using Entrance 10 on University Boulevard near Montclair Drive.
Visitor parking will be free for attendees.
https://external.jsc.nasa.gov/jfk-60th-anniversary/
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SOURCE NASA | https://www.whsv.com/prnewswire/2022/09/08/nasa-rice-university-mark-anniversary-kennedys-moon-speech/ | 2022-09-08T21:37:15Z |
Former President of Expedia Marketplace Brings Extensive Product Management and Technical Experience to PayPal
SAN JOSE, Calif., Sept. 8, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that John Kim will join the company as Executive Vice President (EVP), Chief Product Officer (CPO), effective September 26, 2022. Kim brings unique skills and experience building foundational consumer products and marketplaces from the ground up. Throughout his career, he has driven innovative product development to compete and win in rapidly evolving and competitive markets. Kim succeeds current CPO, Mark Britto, who will remain with PayPal for a transition period, before retiring at the end of this year.
Kim joins PayPal following a decade-long tenure with Expedia Group, where he served most recently as President of Expedia Marketplace. In this role, he oversaw strategy, product, technology and operations for all of Expedia Group's lines of business – including lodging, air, car, cruise and activities – bringing Expedia's products to life for its customers and suppliers. Previously, Kim served as President of Platform & Marketplaces where he led the development of artificial intelligence, user experience, research, ecommerce, marketplaces and yield management, and oversaw the data and development platforms that power Expedia Group's two-sided marketplace platform.
Previously in his career, Kim served as President of HomeAway/Vrbo after it was acquired by Expedia Group, then as President of Vrbo. At Vrbo, Kim led the company's transformation from a subscription-based advertising model to a modern ecommerce business powered by data science and technology. Before Vrbo, Kim served as Expedia's Chief Product Officer. He has more than two decades of experience across venture-backed startups, medium-sized companies and globally known brands including Yahoo!, Overture, Accenture, Bank of America and Pelago.
In his role as PayPal's EVP, CPO, Kim will lead the consumer and merchant product and engineering teams. Together with his product and engineering leadership teams, he will work to advance PayPal's position as a leader in digital payments and commerce for consumers and merchants around the globe.
"I'm thrilled to welcome John Kim to the PayPal team," said Dan Schulman, PayPal President and CEO. "John is an outstanding leader with a proven ability to build and lead high performing global teams that drive new and innovative product development. Developing new products at scale that engage customers and merchants through an exceptional user experience requires a unique combination of talents, and we've truly found these in John."
Schulman continued, "Mark Britto had an indelible impact on PayPal. We have all benefited from Mark's leadership and his deep commitment to creating value for our customers. I wish him all the best in his future endeavors."
"I am incredibly excited to join the passionate and dynamic team at PayPal," said Kim. "PayPal stands alone at the intersection of technology, digital payments, financial services and commerce. The scale of its two-sided global platform and reputation as one of the most trusted consumer brands in the world are true differentiators. I have been inspired by conversations with Dan, Mark and other members of PayPal's leadership team. I am eager to work alongside the PayPal team to help drive the next phase of growth and enable future generations of global digital payments and commerce."
Kim's appointment marks the most recent addition to PayPal's Executive Leadership Team amongst several key hires this year, including Chief Financial Officer Blake Jorgensen in August and Chief Information Officer Archana (Archie) Deskus in March. Blake joined PayPal from Electronic Arts and has extensive experience driving operational excellence and shareholder value. Previously CIO of Intel, Archie is a highly accomplished technology executive who is working to optimize PayPal's internal technology processes and systems, ensuring PayPal has the most modern, secure, reliable and scalable technology foundation to drive meaningful innovation and serve customers.
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering 429 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.
Investor Relations Contacts
Gabrielle Rabinovitch
grabinovitch@paypal.com
Ryan Wallace
ryanwallace@paypal.com
Media Relations Contact
Amanda Miller
amandacmiller@paypal.com
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SOURCE PayPal Holdings, Inc. | https://www.whsv.com/prnewswire/2022/09/08/paypal-appoints-john-kim-chief-product-officer/ | 2022-09-08T21:37:22Z |
Donation Represents Continuation of PenFed's Support of Serve Our Willing Warriors
TYSONS, Va., Sept. 8, 2022 /PRNewswire/ -- The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, furthered its commitment to wounded warriors and their families with a $200,000 grant to support Serve Our Willing Warriors (SOWW), a charitable organization providing cost-free retreat stays and programs that positively impact wounded, ill, and injured service members, disabled veterans and their families. The grant will be used to begin construction on a 6-bedroom, 2,000-square-foot multi-purpose space.
In addition to providing respite for wounded warriors and families, the PenFed Grand Lodge will impact warrior groups by delivering programs for post-traumatic stress counseling, job training, entrepreneurial training, and education in science, technology, engineering and mathematics.
"We are proud to continue our support of Serve Our Willing Warriors as they provide a home away from home for wounded and ill warriors and their families," said James Schenck, president/CEO of PenFed Credit Union and CEO of PenFed Foundation. "The fight does not end on the battlefield for our wounded warriors. The PenFed Grand Lodge will host hundreds of warriors and their families so they can renew their spirits and gain access to critically needed group programs."
In addition to PenFed Foundation's support for the PenFed Grand Lodge, PenFed Credit Union donated $300,000 to SOWW in 2021 to begin raising matching funds to make the lodge a reality. Groundbreaking is scheduled for December 2022.
In 2018, the PenFed Foundation donated $300,000 to SOWW to build the PenFed Foundation Home at Warrior Retreat. The 5-bedroom PenFed Foundation Home doubled the capacity at Warrior Retreat, enabling SOWW to provide respite after long hospital stays for 300 wounded warriors and their families per year.
During their visits to the PenFed Foundation Home, recovering warriors are able to participate in nearly 50 activities to heal their minds and bodies including massage therapy, canine support services, fishing, hiking, horseback riding, helicopter tours, and five-star meals prepared by the Visiting Chef Program (VCP). The VCP consists of local chefs and military chef teams from around the region, including the Presidential Food Service Team. The PenFed Foundation Home saves lives and relationships by giving hope to warriors and families. To learn more about the activities at PenFed Foundation Home, please click here to see a series of videos produced by PenFed Digital.
"Willing Warriors has long valued its partnership with PenFed Credit Union and the PenFed Foundation. This additional donation of $200,000 further demonstrates their commitment to our service mission", states Shirley Dominick, president and co-founder of Serve Our Willing Warriors. "Together, we are bringing life-changing stays and impactful programs to our military heroes".
Those who are interested in learning more to support wounded warriors and their families are encouraged to visit https://www.willingwarriors.org/.
The PenFed Foundation was created in 2001 and, since then, has provided more than $40 million in financial support to veterans, active-duty service members, families and caregivers. Those interested in supporting the PenFed Foundation's mission to help the military community and their support network are encouraged to visit penfedfoundation.org.
About PenFed Foundation
Founded in 2001, the PenFed Foundation is a national nonprofit organization committed to empowering military service members, veterans and their communities with the skills and resources to realize financial stability and opportunity. It provides service members, veterans, their families and support networks with the skills and resources they need to improve their lives through programs on financial education, homeownership, veteran entrepreneurship and short-term assistance. Affiliated with PenFed Credit Union, the Foundation has the resources to effectively reach military communities across the nation, build strong partnerships, and engage a dedicated corps of volunteers in its mission. The credit union funds the Foundation's personnel and most operational costs, demonstrating its strong commitment to the programs the Foundation provides. Equal Housing Opportunity. To learn more, visit www.penfedfoundation.org.
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SOURCE PenFed Foundation | https://www.whsv.com/prnewswire/2022/09/08/penfed-foundation-donates-200000-serve-our-willing-warriors-support-wounded-service-members-their-families/ | 2022-09-08T21:37:29Z |
HOUSTON, Sept. 8, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE: SMM) provided today a summary of unaudited statement of assets and liabilities and announced Net Asset Value (NAV) as of August 31, 2022. The Fund also reminded shareholders that Fund shareholders have approved the reorganization of the Fund with and into Salient MLP & Energy Infrastructure Fund, a series of Salient MF Trust ("Reorganization"). Today was the last day of trading of Fund shares on the New York Stock Exchange ("NYSE"). The Fund currently anticipates the Reorganization will be completed after market close of the NYSE on September 13, 2022.
On August 31, 2022, the Fund's total assets were $161.9 million and the NAV per share was $9.12. On August 31, 2022 the closing share price of the Fund was $9.01, which was trading at a 1.2% discount to the NAV.1 The Fund's NAV and market price total returns for the month of August were 3.8% and 9.4%, respectively, compared to 0.1% for the Alerian Midstream Energy Select Total Return Index (AMEIX).2 The Fund's NAV and market price total returns year-to-date (YTD) were 26.1% and 38.3%, respectively, compared to 22.0% for the AMEIX.2
Since the Fund's inception, the portfolio management team has focused on generating top-tier total returns rather than focusing on the distribution rate and the Fund's performance over multiple time periods versus its peers is provided in the table below along with a ranking of SMM vs. peers.
Since inception in 2012 SMM is the second best performing closed-end fund on market price and the third best on NAV in the peer group of eleven funds.
SMM's inception to date (ITD) annualized total return (based on market price) of -0.5% has outperformed the RIC Average of -4.2% and the C-Corp average of -3.5%. Likewise, on a NAV basis, SMM's ITD return of -0.4% compares favorably to the -2.8% return for the peer group of RIC Funds and -1.9% for C-Corp Funds.
August Market Commentary
Energy infrastructure equities were essentially flat during the month of August, registering a gain of 0.1% as measured by the Alerian Midstream Energy Select Index (AMEI).2 The AMEIX index rallied alongside the broad market during the first half of the month, but then sold off later in the month due to general de-risking by investors. That said, energy infrastructure equities continue to execute on fundamentals with a majority of our investment universe reporting better than expected second quarter results. For the balance of 2022 and into 2023, we remain positive on the industry as 1) free cash flow after dividends is growing at a healthy pace, 2) hydrocarbon volumes are growing as drilling activity improves and 3) capital allocation remains mostly focused on returning excess cash to investors through buybacks and potential dividend increases.3
Crude oil as measured by the West Texas Intermediate (WTI) benchmark was down 9.2% for the month of August but is still up 19.1% for the year.4 Recent crude oil price weakness is in part driven by fears that a recession could negatively impact crude oil demand and thus weigh on prices. During the past two recessions, crude oil demand declined, and we think investors have priced in some of those expectations today. Looking at past recessions, demand doesn't always decline – in both the 2001 and 1991 recessions global crude oil demand actually grew on a year over year basis.4 We will look to additional data points in coming months to determine whether demand is being impacted, however, based on data in hand it still appears that demand is strong and sources of new supply remain limited. Longer term, we view crude oil prices in the $70-$80 range as being positive for investment in the American energy industry. Commodity analysts continue to see a tight supply environment for both crude oil and natural gas for the remainder of 2022 and potentially in 2023. We believe that current prices are sufficient to lead to U.S. volume growth this year. The promise of these incremental volumes should be supportive of midstream companies going forward.
The Fund's Top 10 holdings as of August 31, 2022 are shown below:5
The Fund's unaudited balance sheet as of August 31, 2022 is shown below:
Salient Midstream & MLP Fund is a Delaware statutory trust registered as a non-diversified, closed-end management investment company under the Investment Company Act of 1940, as amended. The Fund's investment objective is to provide a high level of total return with an emphasis on making quarterly cash distributions to its common shareholders. The Fund seeks to achieve that objective by investing at least 80% of its total assets in securities of MLPs and midstream companies. There can be no assurance that the Fund will achieve its investment objective.
This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will," and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual future results to differ significantly from the Fund's present expectations or projections indicated in any forward-looking statements. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; leverage risk; valuation risk; interest rate risk; tax risk; the volume of sales and purchase of shares; the continuation of investment advisory, administration and other service arrangements; and other risks discussed in the Fund's filings with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Fund's investment objective will be attained.
Salient Partners, L.P. ("Salient") is a real asset and alternative investment firm that offers a suite of strategies focused on energy and infrastructure, real estate and tactical alternative investments. Institutions and investment advisors turn to Salient to build smarter, more efficient portfolios. Strategies are offered in the form of open- and closed-end funds and separately managed accounts. Salient was founded in 2002 and has offices in Houston and San Francisco. Learn more about Salient at www.salientpartners.com.
The Salient MLP & Energy Infrastructure Fund ("SMAPX") seeks to maximize total return (capital appreciation and income). SMAPX seeks to achieve its investment objective by investing in at least 80% of its net assets in securities of MLPs and energy infrastructure companies. Investing involves risk including the potential loss of principal. SMAPX may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.
You should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. The prospectus and summary prospectus for SMAPX contain this and other information about SMAPX and are available by calling 866-667-9228. They should be read carefully before investing.
Advisory services offered by Salient Capital Advisors, LLC (the "advisor"). A wholly owned subsidiary of Salient Partners, L.P. Salient is the trade name for Salient Partners, L.P., which together with its subsidiaries provides asset management and advisory services. Salient MLP & Energy Infrastructure Fund is distributed by Foreside Fund Services, LLC.
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SOURCE Salient Partners, L.P. | https://www.whsv.com/prnewswire/2022/09/08/salient-midstream-amp-mlp-fund-announces-unaudited-net-asset-value-august-31-2022/ | 2022-09-08T21:37:36Z |
NEW YORK, Sept. 8, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerie Pharmaceuticals, Inc. (NASDAQ: AERI), in connection with the proposed acquisition of AERI by Alcon Inc. Under the terms of the merger agreement, AERI shareholders will receive $15.25 in cash for each share of AERI common stock owned. If you own AERI shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/aeri
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Computer Services, Inc. (OTCQX: CSVI), in connection with the proposed acquisition of CSVI by Centerbridge Partners, L.P. and Bridgeport Partners. Under the terms of the merger agreement, CSVI shareholders will receive $58.00 in cash for each share of CSVI common stock owned. If you own CSVI shares and wish to discuss this investigation or your rights, call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/csvi
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of EVO Payments, Inc. (NASDAQ: EVOP), in connection with the proposed acquisition of EVOP by Global Payments Inc. Under the terms of the merger agreement, EVOP shareholders will receive $34.00 in cash for each share of EVOP common stock owned. If you own EVOP shares and wish to discuss this investigation or your rights, call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/evop
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Hill International, Inc. (NYSE: HIL), in connection with the proposed merger of HIL with Global Infrastructure Solutions Inc. via tender offer. Under the terms of the merger agreement, HIL shareholders will receive $2.85 in cash for each share of HIL common stock owned. If you own HIL shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/hil
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SOURCE Weiss Law | https://www.whsv.com/prnewswire/2022/09/08/shareholder-alert-weiss-law-reminds-aeri-csvi-evop-hil-shareholders-about-its-ongoing-investigations/ | 2022-09-08T21:37:43Z |
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