id
stringlengths
7
10
query
stringlengths
504
87.6k
answer
stringlengths
0
1.58k
text
stringlengths
233
87.3k
edtsum100
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SAN FRANCISCO--(BUSINESS WIRE)--The Game Developers Conference (GDC) has released the results of the ninth annual State of the Industry Survey, revealing trends in the game industry ahead of GDC 2021 which will take place virtually July 19-23. More than 3,000 games industry professionals weighed in on what has been a tumultuous year as developers adjusted to remote work, dealing with pandemic stress and being increasingly isolated, while creating entertainment known for helping people get through feelings of loneliness, isolation, and anxiety. The survey results show that while the pandemic caused delays for close to half of respondents, studios overall grew or stayed the same over the last year, and that work-life balance evened out after a rough first few months, with most developers now working standard 40-hour work weeks. The survey also showed interesting shifts in larger industry trends, including greater disapproval of the 30% revenue share many digital storefronts employ, justifying newer, more developer-friendly revenue share models being introduced by Apple, Google, and Epic. Theres also growing interest in developing games for PlayStation 5, with PC continuing to reign as the platform of choice. 44% of developers said their game suffered a delay due to the pandemic. Studios grew during the pandemic: 47% expanded staff; 34% remained the same Complications brought on by remote work have contributed to delayed games, more so than respondents initially thought they would when first asked this question last summer. Forty-four percent of those polled said Yes when asked if their game has suffered a delay due to the pandemic (up from 33% last summer); 48% answered No and the remainder said they were not currently working on a game. However, studios continued to grow over the last year, with 47% of those surveyed reporting that they expanded their staffs. Another shift can be seen in responses relating to productivity and creativity. While 41% of respondents polled last July said their productivity had taken a hit because of remote work, 66% of respondents this year said their productivity and creativity stayed the same or even increased to varying degrees, which goes against the narrative that working from home is inherently negative when it comes to getting work done. Only 3% of those polled think the 30/70 revenue share on digital storefronts is justified Down from 6% when this same question was asked for the 2020 survey, only 3% of polled developers believe the 30/70 revenue split on digital storefronts is fair. Game developers largely rely on third-party digital storefronts such as Steam, GOG, Google Play, Apples App Store, and the Epic Games Store to sell their games. Selling games via these services comes at a costthe standard share has been 70% for the developer, and 30% for the platform holder. That standard has come into question in the past few years, so much so that the standard isnt so standard anymore: Google Plays fees will soon lower from 30% to 15% for the first $1 million generated by a developer, per year; Apple similarly reduced its cut to 15% for developers that sell under $1 million in a year (though the 30% cut reactivates to affect all revenue if sales go over $1 million); Epic Games aggressively launched its store with a 12% cut, challenging the industry standard; Steam is still holding tight onto 30%--but gives a discount if a game is making tens of millions of dollars. PS5 most popular console to develop for; PC still most popular platform Game developers are settling in with developing for next generation consoles and Sonys PlayStation 5 is leading developer interest when it comes to game consoles. Forty-four percent of those polled said PS5 is the platform theyre most interested in right now, followed by Nintendo Switch at 38% and Xbox Series X/S at 30%. Among all platforms, the PC led developer interest for yet another year at 58%. The full survey, which includes more insight into the game development communitys thoughts on discoverability, paid game subscriptions and a multitude of other facts and detail, can be downloaded for free here. For more details on the Game Developers Conference, please visit the GDCs official website, or subscribe to regular updates via Facebook, Twitter, or RSS. Official photos are available via the Official GDC Flickr account: www.flickr.com/photos/officialgdc/. About GDC The Game Developers Conference (GDC) is the worlds largest professional game industry event with market-defining content for programmers, artists, producers, game designers, audio professionals, business decision makers, and others involved in the development of interactive games and immersive experiences. GDC brings together the global game development community year-round through events and digital media, including the GDC Masterclass, GDC Vault, Gamasutra, Game Career Guide, Independent Games Festival and Summit, and the Game Developers Choice Awards. GDC is organized by Informa PLC, a leading B2B information services group and the largest B2B Events organizer in the world. To learn more and for the latest news and information visit www.informa.com. Answer:
Game Developers Conferences 2021 State of the Industry Survey Shows Pandemic Brought Delays - But Also Growth; Reflects Rising Interest in the PlayStation 5 and Strong Disapproval of 30% Digital Storefront Revenue Shares The Ninth Annual Survey of More than 3,000 Game Industry Professionals Reflects Improved Work-Life Balance and Creativity After More Than a Full Year of Remote Work
SAN FRANCISCO--(BUSINESS WIRE)--The Game Developers Conference (GDC) has released the results of the ninth annual State of the Industry Survey, revealing trends in the game industry ahead of GDC 2021 which will take place virtually July 19-23. More than 3,000 games industry professionals weighed in on what has been a tumultuous year as developers adjusted to remote work, dealing with pandemic stress and being increasingly isolated, while creating entertainment known for helping people get through feelings of loneliness, isolation, and anxiety. The survey results show that while the pandemic caused delays for close to half of respondents, studios overall grew or stayed the same over the last year, and that work-life balance evened out after a rough first few months, with most developers now working standard 40-hour work weeks. The survey also showed interesting shifts in larger industry trends, including greater disapproval of the 30% revenue share many digital storefronts employ, justifying newer, more developer-friendly revenue share models being introduced by Apple, Google, and Epic. Theres also growing interest in developing games for PlayStation 5, with PC continuing to reign as the platform of choice. 44% of developers said their game suffered a delay due to the pandemic. Studios grew during the pandemic: 47% expanded staff; 34% remained the same Complications brought on by remote work have contributed to delayed games, more so than respondents initially thought they would when first asked this question last summer. Forty-four percent of those polled said Yes when asked if their game has suffered a delay due to the pandemic (up from 33% last summer); 48% answered No and the remainder said they were not currently working on a game. However, studios continued to grow over the last year, with 47% of those surveyed reporting that they expanded their staffs. Another shift can be seen in responses relating to productivity and creativity. While 41% of respondents polled last July said their productivity had taken a hit because of remote work, 66% of respondents this year said their productivity and creativity stayed the same or even increased to varying degrees, which goes against the narrative that working from home is inherently negative when it comes to getting work done. Only 3% of those polled think the 30/70 revenue share on digital storefronts is justified Down from 6% when this same question was asked for the 2020 survey, only 3% of polled developers believe the 30/70 revenue split on digital storefronts is fair. Game developers largely rely on third-party digital storefronts such as Steam, GOG, Google Play, Apples App Store, and the Epic Games Store to sell their games. Selling games via these services comes at a costthe standard share has been 70% for the developer, and 30% for the platform holder. That standard has come into question in the past few years, so much so that the standard isnt so standard anymore: Google Plays fees will soon lower from 30% to 15% for the first $1 million generated by a developer, per year; Apple similarly reduced its cut to 15% for developers that sell under $1 million in a year (though the 30% cut reactivates to affect all revenue if sales go over $1 million); Epic Games aggressively launched its store with a 12% cut, challenging the industry standard; Steam is still holding tight onto 30%--but gives a discount if a game is making tens of millions of dollars. PS5 most popular console to develop for; PC still most popular platform Game developers are settling in with developing for next generation consoles and Sonys PlayStation 5 is leading developer interest when it comes to game consoles. Forty-four percent of those polled said PS5 is the platform theyre most interested in right now, followed by Nintendo Switch at 38% and Xbox Series X/S at 30%. Among all platforms, the PC led developer interest for yet another year at 58%. The full survey, which includes more insight into the game development communitys thoughts on discoverability, paid game subscriptions and a multitude of other facts and detail, can be downloaded for free here. For more details on the Game Developers Conference, please visit the GDCs official website, or subscribe to regular updates via Facebook, Twitter, or RSS. Official photos are available via the Official GDC Flickr account: www.flickr.com/photos/officialgdc/. About GDC The Game Developers Conference (GDC) is the worlds largest professional game industry event with market-defining content for programmers, artists, producers, game designers, audio professionals, business decision makers, and others involved in the development of interactive games and immersive experiences. GDC brings together the global game development community year-round through events and digital media, including the GDC Masterclass, GDC Vault, Gamasutra, Game Career Guide, Independent Games Festival and Summit, and the Game Developers Choice Awards. GDC is organized by Informa PLC, a leading B2B information services group and the largest B2B Events organizer in the world. To learn more and for the latest news and information visit www.informa.com.
edtsum101
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SAN FRANCISCO--(BUSINESS WIRE)--BrainChip Holdings Ltd. (ASX: BRN), a leading provider of ultra-low power, high-performance AI technology, ended the 2020 calendar year having made significant strides in the development of its technology backed by the launch of its Early Access Program (EAP), availability of Akida evaluation boards, new partnerships, and expansion of its executive leadership and global facilities. The Companys EAP was launched in June targeting specific customers in a diverse set of end markets in order to ensure availability of initial devices and evaluation systems for key applications. Multiple customers have committed to the advanced purchase of evaluation systems for a range of strategic Edge applications including Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV), Unmanned Aerial Vehicles (UAV), Edge vision systems and factory automation. Among those joining the EAP include VORAGO Technologies in a collaboration intended to support a Phase I NASA program for a neuromorphic processor that meets spaceflight requirements. BrainChip is also collaborating with Tier-1 Automotive Supplier Valeo Corporation to develop neural network processing solutions for ADAS and AV. This year, BrainChip partnered with Socionext, a leader in advanced SoC solutions for video and imaging systems, to provide a complete low-power AI Edge network for vision, audio and smart transducers without the need for a host processor or external memory. The Companys partnership with Magik Eye Inc., developers of revolutionary 3D sensors that change how machines see the world, combines the best of AI with 3D sensing to provide a total 3D vision solution to customers for fast 3D object detection and recognition in applications, including robotics, automotive and emerging consumer products, such as AR/VR and others. BrainChip began shipment of evaluation boards for the Akida Neuromorphic System-on-Chip (NSoC) in November. The evaluation board availability complements the Companys Akida Development Environment (ADE), a robust development environment that allows potential customers to design a neural network as a Convolutional Neural Network (CNN) and utilize the ADE workflow to convert the network to an Event-Based CNN or develop a native Spiking Neural Network (SNN). To support BrainChips growth throughout the year, the Company hired Rob Telson as Vice President of Worldwide Sales to lead commercialization efforts of the Akida Technology. He is also building an applications engineering team to best support customers and augment the Companys worldwide design, development and research groups. Todd Vierra joined the company as Director of Technical Sales, focusing on strategic customer adoption and implementation of the Akida neuromorphic processor in industries including aerospace, autonomous vehicles, medicine, cybersecurity and smart Edge devices, such as sensors and cameras. The personnel moves complement the companys expansion with a Software Development Center in Hyderabad, India. The development center will concentrate on software and firmware developments to support Akidas commercial implementation. This past year saw significant progress in the development of the Akida technology in terms of both market readiness and the increase in market possibilities that the solution will provide immediate impact in, said Louis DiNardo, BrainChip CEO. From adding partners to opening up our Akida Development Environment and Early Access Program, we are making consistent, measurable progress in bringing AI to the edge in a way that existing technologies are not capable. During December we signed an agreement to license the Akida IP to a major Japanese semiconductor company. We look forward to continuing this momentum throughout the upcoming year and beyond. The Akida Neural Processor technology, which is implemented in the NSoC, is a revolutionary advanced neural networking processor that brings artificial intelligence to the edge in a way that existing technologies are not capable. The solution is high-performance, small, ultra-low power and enables a wide array of edge capabilities. The Akida NSoC represents a revolutionary new breed of Neural Processing computing devices for Edge AI devices and systems. Comparisons to leading DNN accelerator devices show significantly better images/second/watt running industry standard benchmarks with MobileNet, MobileNet-SSD and Key Word Spotting, while maintaining excellent accuracy. The Akida NSoC is designed for use as a stand-alone embedded accelerator or as a co-processor. It includes interfaces for ADAS sensors, audio sensors, and other IoT sensors. It also has high-speed data interfaces such as PCI-Express, USB, 12S and 13C. An on-chip MPU is used to control the configuration of the Akida Neuron Fabric as well as off-chip communication of metadata. The Akida NSoC represents a scalable solution utilizing a built-in serial chip to chip connectivity to allow up to 64 devices to be arrayed for a single solution. About Brainchip Holdings Ltd (ASX: BRN) BrainChip is a global technology company that is producing a groundbreaking neuromorphic processor that brings artificial intelligence to the edge in a way that is beyond the capabilities of other products. The chip is high performance, small, ultra-low power and enables a wide array of edge capabilities that include on-chip training, learning and inference. The event-based neural network processor is inspired by the spiking nature of the human brain and is implemented in an industry standard digital process. By mimicking brain processing BrainChip has pioneered a processing architecture, called Akida, which is both scalable and flexible to address the requirements in edge devices. At the edge, sensor inputs are analyzed at the point of acquisition rather than through transmission via the cloud to a data center. Akida is designed to provide a complete ultra-low power and fast AI Edge Network for vision, audio, olfactory and smart transducer applications. The reduction in system latency provides faster response and a more power efficient system that can reduce the large carbon footprint of data centers. ______________________________________________________________________ Additional information is available at https://www.brainchipinc.com Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006 Answer:
BrainChips Success in 2020 Advances Fields of On-Chip Learning and Ultra-Low Power Edge AI Development progress of Akida Neural Processor technology, industry partnerships and leadership expansion among highlights of the past year
SAN FRANCISCO--(BUSINESS WIRE)--BrainChip Holdings Ltd. (ASX: BRN), a leading provider of ultra-low power, high-performance AI technology, ended the 2020 calendar year having made significant strides in the development of its technology backed by the launch of its Early Access Program (EAP), availability of Akida evaluation boards, new partnerships, and expansion of its executive leadership and global facilities. The Companys EAP was launched in June targeting specific customers in a diverse set of end markets in order to ensure availability of initial devices and evaluation systems for key applications. Multiple customers have committed to the advanced purchase of evaluation systems for a range of strategic Edge applications including Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV), Unmanned Aerial Vehicles (UAV), Edge vision systems and factory automation. Among those joining the EAP include VORAGO Technologies in a collaboration intended to support a Phase I NASA program for a neuromorphic processor that meets spaceflight requirements. BrainChip is also collaborating with Tier-1 Automotive Supplier Valeo Corporation to develop neural network processing solutions for ADAS and AV. This year, BrainChip partnered with Socionext, a leader in advanced SoC solutions for video and imaging systems, to provide a complete low-power AI Edge network for vision, audio and smart transducers without the need for a host processor or external memory. The Companys partnership with Magik Eye Inc., developers of revolutionary 3D sensors that change how machines see the world, combines the best of AI with 3D sensing to provide a total 3D vision solution to customers for fast 3D object detection and recognition in applications, including robotics, automotive and emerging consumer products, such as AR/VR and others. BrainChip began shipment of evaluation boards for the Akida Neuromorphic System-on-Chip (NSoC) in November. The evaluation board availability complements the Companys Akida Development Environment (ADE), a robust development environment that allows potential customers to design a neural network as a Convolutional Neural Network (CNN) and utilize the ADE workflow to convert the network to an Event-Based CNN or develop a native Spiking Neural Network (SNN). To support BrainChips growth throughout the year, the Company hired Rob Telson as Vice President of Worldwide Sales to lead commercialization efforts of the Akida Technology. He is also building an applications engineering team to best support customers and augment the Companys worldwide design, development and research groups. Todd Vierra joined the company as Director of Technical Sales, focusing on strategic customer adoption and implementation of the Akida neuromorphic processor in industries including aerospace, autonomous vehicles, medicine, cybersecurity and smart Edge devices, such as sensors and cameras. The personnel moves complement the companys expansion with a Software Development Center in Hyderabad, India. The development center will concentrate on software and firmware developments to support Akidas commercial implementation. This past year saw significant progress in the development of the Akida technology in terms of both market readiness and the increase in market possibilities that the solution will provide immediate impact in, said Louis DiNardo, BrainChip CEO. From adding partners to opening up our Akida Development Environment and Early Access Program, we are making consistent, measurable progress in bringing AI to the edge in a way that existing technologies are not capable. During December we signed an agreement to license the Akida IP to a major Japanese semiconductor company. We look forward to continuing this momentum throughout the upcoming year and beyond. The Akida Neural Processor technology, which is implemented in the NSoC, is a revolutionary advanced neural networking processor that brings artificial intelligence to the edge in a way that existing technologies are not capable. The solution is high-performance, small, ultra-low power and enables a wide array of edge capabilities. The Akida NSoC represents a revolutionary new breed of Neural Processing computing devices for Edge AI devices and systems. Comparisons to leading DNN accelerator devices show significantly better images/second/watt running industry standard benchmarks with MobileNet, MobileNet-SSD and Key Word Spotting, while maintaining excellent accuracy. The Akida NSoC is designed for use as a stand-alone embedded accelerator or as a co-processor. It includes interfaces for ADAS sensors, audio sensors, and other IoT sensors. It also has high-speed data interfaces such as PCI-Express, USB, 12S and 13C. An on-chip MPU is used to control the configuration of the Akida Neuron Fabric as well as off-chip communication of metadata. The Akida NSoC represents a scalable solution utilizing a built-in serial chip to chip connectivity to allow up to 64 devices to be arrayed for a single solution. About Brainchip Holdings Ltd (ASX: BRN) BrainChip is a global technology company that is producing a groundbreaking neuromorphic processor that brings artificial intelligence to the edge in a way that is beyond the capabilities of other products. The chip is high performance, small, ultra-low power and enables a wide array of edge capabilities that include on-chip training, learning and inference. The event-based neural network processor is inspired by the spiking nature of the human brain and is implemented in an industry standard digital process. By mimicking brain processing BrainChip has pioneered a processing architecture, called Akida, which is both scalable and flexible to address the requirements in edge devices. At the edge, sensor inputs are analyzed at the point of acquisition rather than through transmission via the cloud to a data center. Akida is designed to provide a complete ultra-low power and fast AI Edge Network for vision, audio, olfactory and smart transducer applications. The reduction in system latency provides faster response and a more power efficient system that can reduce the large carbon footprint of data centers. ______________________________________________________________________ Additional information is available at https://www.brainchipinc.com Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006
edtsum102
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cleanroom technology equipment market and it is poised to grow by USD 1.36 billion during 2020-2024, at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts Frequently Asked Questions- The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alpiq Holding Ltd., Ansell Ltd., Ardmac, Azbil Corp., Clean Air Products, CME Corp., Connect 2 Cleanrooms Ltd., Exyte Group, Kimberly-Clark Corp., and Taikisha Ltd. are some of the major market participants. The growing healthcare industry will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Cleanroom Technology Equipment Market 2020-2024: Segmentation Cleanroom Technology Equipment Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43622 Cleanroom Technology Equipment Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cleanroom technology equipment market report covers the following areas: This study identifies the introduction of new universal standards for air filters as one of the prime reasons driving the cleanroom technology equipment market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Cleanroom Technology Equipment Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Customer landscape Geographic Landscape Market Drivers Market Challenges Market Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Answer:
Cleanroom Technology Equipment Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Growing Healthcare Industry to Boost the Market Growth | Technavio
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cleanroom technology equipment market and it is poised to grow by USD 1.36 billion during 2020-2024, at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts Frequently Asked Questions- The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alpiq Holding Ltd., Ansell Ltd., Ardmac, Azbil Corp., Clean Air Products, CME Corp., Connect 2 Cleanrooms Ltd., Exyte Group, Kimberly-Clark Corp., and Taikisha Ltd. are some of the major market participants. The growing healthcare industry will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Cleanroom Technology Equipment Market 2020-2024: Segmentation Cleanroom Technology Equipment Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43622 Cleanroom Technology Equipment Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cleanroom technology equipment market report covers the following areas: This study identifies the introduction of new universal standards for air filters as one of the prime reasons driving the cleanroom technology equipment market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Cleanroom Technology Equipment Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Customer landscape Geographic Landscape Market Drivers Market Challenges Market Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
edtsum103
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LONDON--(BUSINESS WIRE)-- Ap19 FORM 8.3 - Amendment to Purchase IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION 2. INTERESTS AND SHORT POSITIONS (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) (1) 2,785,376 2.16% 680,874 0.53% (2) 354,221 0.27% 604,791 0.47% (3) 0 0.00% 0 0.00% 3,139,597 2.44% 1,285,665 1.00% (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total Ap20 1. DEALINGS (Note 4) (a) Purchases and sales Purchase 12 203.1120 USD Purchase 31 199.8000 USD Purchase 45 202.9550 USD Purchase 74 199.5500 USD Purchase 100 199.5900 USD Purchase 100 203.5575 USD Purchase 100 203.1100 USD Purchase 100 203.0300 USD Purchase 100 202.8200 USD Purchase 100 200.3700 USD Purchase 100 199.7600 USD Purchase 116 203.6224 USD Purchase 120 200.5333 USD Purchase 200 200.5050 USD Purchase 200 199.5950 USD Purchase 202 199.8326 USD Purchase 209 203.5156 USD Purchase 228 200.5430 USD Purchase 328 200.3384 USD Purchase 351 199.7570 USD Purchase 390 199.9289 USD Purchase 457 199.9140 USD Purchase 485 203.4359 USD Purchase 520 200.0726 USD Purchase 625 200.0232 USD Purchase 700 203.5389 USD Purchase 1,000 199.7155 USD Purchase 1,010 199.7740 USD Purchase 1,218 200.1866 USD Purchase 3,212 199.2300 USD Purchase 4,134 200.0881 USD Purchase 4,242 200.1138 USD Purchase 6,567 200.1119 USD Purchase 6,922 200.0934 USD Purchase 7,137 201.7453 USD Purchase 8,422 199.8021 USD Purchase 12,974 201.2478 USD Purchase 18,337 202.4577 USD Purchase 32,305 201.3094 USD Purchase 39,748 203.1446 USD Sale 2 203.4300 USD Sale 11 202.6472 USD Sale 25 201.4100 USD Sale 45 202.9550 USD Sale 65 199.5500 USD Sale 100 202.8500 USD Sale 106 203.0177 USD Sale 122 202.9150 USD Sale 194 202.6825 USD Sale 198 203.5638 USD Sale 200 201.7950 USD Sale 200 203.3125 USD Sale 200 202.9800 USD Sale 259 202.8301 USD Sale 300 203.3650 USD Sale 425 202.8407 USD Sale 1,256 203.1103 USD Sale 1,927 203.1284 USD Sale 2,902 202.1232 USD Sale 4,242 200.1138 USD Sale 6,712 201.7083 USD Sale 6,717 201.6243 USD Sale 6,792 200.8114 USD Sale 7,229 199.2300 USD Sale 8,542 203.0101 USD Sale 9,136 203.2162 USD Sale 9,586 203.1582 USD Sale 9,822 203.2203 USD Sale 16,213 202.3648 USD Sale 29,693 201.5101 USD Sale 30,000 199.9878 USD (b) Derivatives transactions (other than options transactions) Product name, e.g. CFD Nature of transaction (Note 6) Number of relevant securities (Note 7) Price per unit (Note 5) (c) Options transactions in respect of existing relevant securities (i) Writing, selling, purchasing or varying Product name, e.g. call option Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 5) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5) (d) Other dealings (including transactions in respect of new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) Ap21 2. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives 14 Jan 2021 Large Holdings Regulatory Operations 020 3134 7213 Answer:
Form 8.3 - WILLIS TOWERS WATSON PLC - Amendment
LONDON--(BUSINESS WIRE)-- Ap19 FORM 8.3 - Amendment to Purchase IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION 2. INTERESTS AND SHORT POSITIONS (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) (1) 2,785,376 2.16% 680,874 0.53% (2) 354,221 0.27% 604,791 0.47% (3) 0 0.00% 0 0.00% 3,139,597 2.44% 1,285,665 1.00% (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total Ap20 1. DEALINGS (Note 4) (a) Purchases and sales Purchase 12 203.1120 USD Purchase 31 199.8000 USD Purchase 45 202.9550 USD Purchase 74 199.5500 USD Purchase 100 199.5900 USD Purchase 100 203.5575 USD Purchase 100 203.1100 USD Purchase 100 203.0300 USD Purchase 100 202.8200 USD Purchase 100 200.3700 USD Purchase 100 199.7600 USD Purchase 116 203.6224 USD Purchase 120 200.5333 USD Purchase 200 200.5050 USD Purchase 200 199.5950 USD Purchase 202 199.8326 USD Purchase 209 203.5156 USD Purchase 228 200.5430 USD Purchase 328 200.3384 USD Purchase 351 199.7570 USD Purchase 390 199.9289 USD Purchase 457 199.9140 USD Purchase 485 203.4359 USD Purchase 520 200.0726 USD Purchase 625 200.0232 USD Purchase 700 203.5389 USD Purchase 1,000 199.7155 USD Purchase 1,010 199.7740 USD Purchase 1,218 200.1866 USD Purchase 3,212 199.2300 USD Purchase 4,134 200.0881 USD Purchase 4,242 200.1138 USD Purchase 6,567 200.1119 USD Purchase 6,922 200.0934 USD Purchase 7,137 201.7453 USD Purchase 8,422 199.8021 USD Purchase 12,974 201.2478 USD Purchase 18,337 202.4577 USD Purchase 32,305 201.3094 USD Purchase 39,748 203.1446 USD Sale 2 203.4300 USD Sale 11 202.6472 USD Sale 25 201.4100 USD Sale 45 202.9550 USD Sale 65 199.5500 USD Sale 100 202.8500 USD Sale 106 203.0177 USD Sale 122 202.9150 USD Sale 194 202.6825 USD Sale 198 203.5638 USD Sale 200 201.7950 USD Sale 200 203.3125 USD Sale 200 202.9800 USD Sale 259 202.8301 USD Sale 300 203.3650 USD Sale 425 202.8407 USD Sale 1,256 203.1103 USD Sale 1,927 203.1284 USD Sale 2,902 202.1232 USD Sale 4,242 200.1138 USD Sale 6,712 201.7083 USD Sale 6,717 201.6243 USD Sale 6,792 200.8114 USD Sale 7,229 199.2300 USD Sale 8,542 203.0101 USD Sale 9,136 203.2162 USD Sale 9,586 203.1582 USD Sale 9,822 203.2203 USD Sale 16,213 202.3648 USD Sale 29,693 201.5101 USD Sale 30,000 199.9878 USD (b) Derivatives transactions (other than options transactions) Product name, e.g. CFD Nature of transaction (Note 6) Number of relevant securities (Note 7) Price per unit (Note 5) (c) Options transactions in respect of existing relevant securities (i) Writing, selling, purchasing or varying Product name, e.g. call option Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 5) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5) (d) Other dealings (including transactions in respect of new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) Ap21 2. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives 14 Jan 2021 Large Holdings Regulatory Operations 020 3134 7213
edtsum104
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, Nov. 25, 2020 /PRNewswire/ -- WeissLaw LLPis investigating possible breaches of fiduciary duty and other violations of law by the board of directors of INSU Acquisition Corp. II ("INAQ" or the "Company") (NASDAQ: INAQ) in connection with the Company's proposed merger with Metromile, Inc. ("Metromile"), a privately-held digital insurance platform and pay-per-mile auto insurer. Under the terms of the merger agreement, INAQ will acquire Metromile through a reverse merger that will result in Metromile becoming a public company traded on the Nasdaq Capital Market under the ticker symbol "MLE." The proposed transaction implies an estimated pro forma enterprise value of $956 million. If you own INAQ shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: https://www.weisslawllp.com/INAQ/ Or please contact:Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212)682-3025(888) 593-4771[emailprotected] WeissLaw is investigating whether INAQ's board acted in the best interest of INAQ's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Metromile, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to INAQ public shareholders. WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [emailprotected] SOURCE WeissLaw LLP Related Links http://weisslawllp.com Answer:
SHAREHOLDER ALERT: WeissLaw LLP Investigates INSU Acquisition Corp. II
NEW YORK, Nov. 25, 2020 /PRNewswire/ -- WeissLaw LLPis investigating possible breaches of fiduciary duty and other violations of law by the board of directors of INSU Acquisition Corp. II ("INAQ" or the "Company") (NASDAQ: INAQ) in connection with the Company's proposed merger with Metromile, Inc. ("Metromile"), a privately-held digital insurance platform and pay-per-mile auto insurer. Under the terms of the merger agreement, INAQ will acquire Metromile through a reverse merger that will result in Metromile becoming a public company traded on the Nasdaq Capital Market under the ticker symbol "MLE." The proposed transaction implies an estimated pro forma enterprise value of $956 million. If you own INAQ shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: https://www.weisslawllp.com/INAQ/ Or please contact:Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212)682-3025(888) 593-4771[emailprotected] WeissLaw is investigating whether INAQ's board acted in the best interest of INAQ's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Metromile, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to INAQ public shareholders. WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [emailprotected] SOURCE WeissLaw LLP Related Links http://weisslawllp.com
edtsum105
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: BOSTON, Nov. 13, 2020 /PRNewswire/ -- Despite financial stress from the COVID-19 pandemic and clergy sexual abuse settlements, the number of dioceses posting audited financial reports to their websites rose 5% in the past year, according to Voice of the Faithful's 2020 study of U.S. Catholic dioceses' online financial transparency. Continue Reading However, 43 dioceses posted no financial information, and overall, diocesan transparency dropped from 65.11% in 2019 to 64.76% in 2020. Relatively stagnant overall scores resulted, at least in part, from the change of one word in Question #8, "current," referring to lists of Diocesan Finance Council members. Dioceses scoring zero on Question #8 almost doubled from 2019 to 2020, going from 68 to 113 out of 177 dioceses and offsetting major gains in scores overall. According to the study's authors, the importance of the DFC and lay membership cannot be overstated. Lay members "represent the laity of the diocese in ensuring that their donations advance the mission of the Church," VOTF's study says. Voice of the Faithful releases its fourth annual diocesan financial transparency report. Tweet this VOTF's fourth annual review of all dioceses comprising the U.S. Conference of Catholic Bishops was conducted June 1 through Aug. 31 by three independent reviewers and their report, "Measuring and Ranking Diocesan Online Financial Transparency: 2020 Report," found that: 70% of U.S. dioceses posted audited financial reports on their websites; U.S. dioceses posting audited financial reports increased from 65% in 2019 to 70% in 2020; 6% of the dioceses provided only unaudited reports, and 24% posted no reports at all; 93% of dioceses now post a central finance page on their websites, making it easier for members of the faithful to find available financial information. The top five dioceses, which received perfect scores, were Archdioceses of Baltimore, Maryland, Anchorage, Alaska, and Philadelphia, Pennsylvania, and the Dioceses of Erie, Pennsylvania, and Rochester, New York. The five lowest scoring dioceses were Camden, New Jersey; Crookston, Minnesota; Lubbock, Texas; Tulsa, Oklahoma; and St. Thomas, Virgin Islands.VOTF's review continues emphasizing the importance of financial transparency, especially with continually tightening finances and dioceses' attempts to minimize effects of clergy abuse settlements. VOTF's 2020 report says:"Every Catholic shares responsibility to ensure funds donated for Church work actually go toward those purposes. Without access to financial reports and information on diocesan finance councils, budgets, and the overall financial health of a diocese, ordinary Catholics cannot exercise their full responsibility of stewardship of the gifts God has given them or verify where their donations go."VOTF's previous diocesan online financial transparency reports are at http://www.votf.org.Voice of the Faithful's mission is to provide a prayerful voice, attentive to the Spirit, through which the Faithful can actively participate in the governance and guidance of the Catholic Church.SOURCE Voice of the Faithful Related Links http://www.votf.org Answer:
Despite financial stress, many, but not all, U.S. dioceses post audited financial reports
BOSTON, Nov. 13, 2020 /PRNewswire/ -- Despite financial stress from the COVID-19 pandemic and clergy sexual abuse settlements, the number of dioceses posting audited financial reports to their websites rose 5% in the past year, according to Voice of the Faithful's 2020 study of U.S. Catholic dioceses' online financial transparency. Continue Reading However, 43 dioceses posted no financial information, and overall, diocesan transparency dropped from 65.11% in 2019 to 64.76% in 2020. Relatively stagnant overall scores resulted, at least in part, from the change of one word in Question #8, "current," referring to lists of Diocesan Finance Council members. Dioceses scoring zero on Question #8 almost doubled from 2019 to 2020, going from 68 to 113 out of 177 dioceses and offsetting major gains in scores overall. According to the study's authors, the importance of the DFC and lay membership cannot be overstated. Lay members "represent the laity of the diocese in ensuring that their donations advance the mission of the Church," VOTF's study says. Voice of the Faithful releases its fourth annual diocesan financial transparency report. Tweet this VOTF's fourth annual review of all dioceses comprising the U.S. Conference of Catholic Bishops was conducted June 1 through Aug. 31 by three independent reviewers and their report, "Measuring and Ranking Diocesan Online Financial Transparency: 2020 Report," found that: 70% of U.S. dioceses posted audited financial reports on their websites; U.S. dioceses posting audited financial reports increased from 65% in 2019 to 70% in 2020; 6% of the dioceses provided only unaudited reports, and 24% posted no reports at all; 93% of dioceses now post a central finance page on their websites, making it easier for members of the faithful to find available financial information. The top five dioceses, which received perfect scores, were Archdioceses of Baltimore, Maryland, Anchorage, Alaska, and Philadelphia, Pennsylvania, and the Dioceses of Erie, Pennsylvania, and Rochester, New York. The five lowest scoring dioceses were Camden, New Jersey; Crookston, Minnesota; Lubbock, Texas; Tulsa, Oklahoma; and St. Thomas, Virgin Islands.VOTF's review continues emphasizing the importance of financial transparency, especially with continually tightening finances and dioceses' attempts to minimize effects of clergy abuse settlements. VOTF's 2020 report says:"Every Catholic shares responsibility to ensure funds donated for Church work actually go toward those purposes. Without access to financial reports and information on diocesan finance councils, budgets, and the overall financial health of a diocese, ordinary Catholics cannot exercise their full responsibility of stewardship of the gifts God has given them or verify where their donations go."VOTF's previous diocesan online financial transparency reports are at http://www.votf.org.Voice of the Faithful's mission is to provide a prayerful voice, attentive to the Spirit, through which the Faithful can actively participate in the governance and guidance of the Catholic Church.SOURCE Voice of the Faithful Related Links http://www.votf.org
edtsum106
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, Dec. 10, 2020 /PRNewswire/ -- Veteran CFO and IPO expert Steve Cakebread has written a new book that outlines the process by which private companies can successfully go public. "The IPO Playbook: An Insider's Perspective on Taking Your Company Public and How to Do It Right" is available today through traditional and online booksellers. From the CFO who brought Salesforce, Pandora, and Yext public, The IPO Playbook delivers an insiders perspective of what it takes to prepare for a successful initial public offering. Author Steve Cakebread walks readers through the ins and outs of taking your company public, from how to make the decision to do an IPO, to timing, preparation and execution, including building the right internal team and selecting external partners. "The IPO Playbook" by Steve Cakebread, the CFO who took Salesforce, Pandora, and Yext public. Tweet this Cakebread makes the case that the best long-term strategy for most companies is going public. He urges companies go out earlier both to finance their growth and attract key talent. He also points out the importance of setting the initial offering at a price that everyday investors can afford. He then discusses virtually every aspect of the IPO process, from making the decision to timing, preparation and execution. The step-by-step guide is both an invaluable reference and an enjoyable read that incorporates stories from Cakebread's varied IPO experiencesand his earlier career at Autodesk, Silicon Graphics and Hewlett Packard. Topics include assessing the company's readiness to go public, selecting the "right" teams (both internal and external), and working with bankers and investors. Cakebread also discusses choosing the right software and accounting systems, developing transparent governance, conducting an effective road show and handling the IPO day itself. An extensive IPO timeline details the steps and milestones leading to the IPO day, and a chapter is devoted to functioning as a public company. Reviewers have been enthusiastic. Kirkus Reviews said that, "Entrepreneurs who envision going public will find value on every page." ForewordClarion Reviewgave the book five stars, and BlueInkReview commented that "this highly professional guide delivers a valuable orientation to an intimidating and mostly opaque process."Early praisefor the book also came from NYSE President Stacey Cunningham, Salesforce Co-CEO and Chairman Marc Benioff, Bill.com CEO Ren Lacerte, SolarWinds President and CEO Kevin Thompson, Salesforce President and CFO Mark Hawkins, and others. In addition to leading the financial teams that took Yext, Pandora and Salesforce to successful IPOs, Cakebread serves on the board of Bill.com, which went public in December 2019, and sat on the boards of SolarWinds and eHealth as they went public. Earlier, Steve served as CFO for Autodesk, vice president of finance for Silicon Graphics (now SGI) and director of finance for Hewlett-Packard. More information about "The IPO Playbook"is available at www.theipoplaybook.com. Title: The IPO Playbook Subtitle: An Insider's Perspective on Taking Your Company Public and How to Do It Right Author: Steve Cakebread Publisher: Silicon Valley Press (SiliconValleyPress.net) Available: December 10, 2020 ISBN: 978-1-7339591-2-4 (hardcover): 978-1-7339591-3-1 (e-book) Price: US$29.95 (hardcover), US$18.00 (e-book) Twitter: @smcakebreadWebsite: TheIPOPlaybook.comSOURCE The IPO Playbook, Steve Cakebread Related Links http://www.theipoplaybook.com Answer:
"The IPO Playbook" From the CFO Who Took Salesforce, Pandora and Yext Public Delivers an Insider's Perspective on How To Take a Company Public
NEW YORK, Dec. 10, 2020 /PRNewswire/ -- Veteran CFO and IPO expert Steve Cakebread has written a new book that outlines the process by which private companies can successfully go public. "The IPO Playbook: An Insider's Perspective on Taking Your Company Public and How to Do It Right" is available today through traditional and online booksellers. From the CFO who brought Salesforce, Pandora, and Yext public, The IPO Playbook delivers an insiders perspective of what it takes to prepare for a successful initial public offering. Author Steve Cakebread walks readers through the ins and outs of taking your company public, from how to make the decision to do an IPO, to timing, preparation and execution, including building the right internal team and selecting external partners. "The IPO Playbook" by Steve Cakebread, the CFO who took Salesforce, Pandora, and Yext public. Tweet this Cakebread makes the case that the best long-term strategy for most companies is going public. He urges companies go out earlier both to finance their growth and attract key talent. He also points out the importance of setting the initial offering at a price that everyday investors can afford. He then discusses virtually every aspect of the IPO process, from making the decision to timing, preparation and execution. The step-by-step guide is both an invaluable reference and an enjoyable read that incorporates stories from Cakebread's varied IPO experiencesand his earlier career at Autodesk, Silicon Graphics and Hewlett Packard. Topics include assessing the company's readiness to go public, selecting the "right" teams (both internal and external), and working with bankers and investors. Cakebread also discusses choosing the right software and accounting systems, developing transparent governance, conducting an effective road show and handling the IPO day itself. An extensive IPO timeline details the steps and milestones leading to the IPO day, and a chapter is devoted to functioning as a public company. Reviewers have been enthusiastic. Kirkus Reviews said that, "Entrepreneurs who envision going public will find value on every page." ForewordClarion Reviewgave the book five stars, and BlueInkReview commented that "this highly professional guide delivers a valuable orientation to an intimidating and mostly opaque process."Early praisefor the book also came from NYSE President Stacey Cunningham, Salesforce Co-CEO and Chairman Marc Benioff, Bill.com CEO Ren Lacerte, SolarWinds President and CEO Kevin Thompson, Salesforce President and CFO Mark Hawkins, and others. In addition to leading the financial teams that took Yext, Pandora and Salesforce to successful IPOs, Cakebread serves on the board of Bill.com, which went public in December 2019, and sat on the boards of SolarWinds and eHealth as they went public. Earlier, Steve served as CFO for Autodesk, vice president of finance for Silicon Graphics (now SGI) and director of finance for Hewlett-Packard. More information about "The IPO Playbook"is available at www.theipoplaybook.com. Title: The IPO Playbook Subtitle: An Insider's Perspective on Taking Your Company Public and How to Do It Right Author: Steve Cakebread Publisher: Silicon Valley Press (SiliconValleyPress.net) Available: December 10, 2020 ISBN: 978-1-7339591-2-4 (hardcover): 978-1-7339591-3-1 (e-book) Price: US$29.95 (hardcover), US$18.00 (e-book) Twitter: @smcakebreadWebsite: TheIPOPlaybook.comSOURCE The IPO Playbook, Steve Cakebread Related Links http://www.theipoplaybook.com
edtsum107
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LONDON, April 16, 2020 /PRNewswire/ -- Roots Analysishas announced the addition ofthe "Oligonucleotide Synthesis, Modification and Purification Services Market: Focus on Research, Diagnostic and Therapeutic Applications, 2020-2030" report to its list of offerings. In fact, several big pharma companies are known to outsource more than half of their clinical-stage oligonucleotide manufacturing operations. Anticipating a sharp rise in demand, oligonucleotide manufacturers are increasingly consolidating their portfolios, building new capabilities and expanding their respective capacities, mostly through acquisitions, in order to gain a competitive edge. To order this 300+ page report, which features 140+ figures and 190+ tables, please visit this link Key Market Insights Presently, there are 270+ trials evaluating a number of oligonucleotide-based interventions Of these, around 40% are investigating the use of antisense oligonucleotides. Till date, more than 47,000 patients have been enrolled in ongoing / planned trials; majority of them being enrolled in Europe. Over 80 companies claim to offer manufacturing services, at different scales of operation, for oligonucleotides The market landscape is currently dominated by the presence of small firms (1-50 employees), which represent close to 50% of the total number of industry stakeholders. This is followed by the larger and more established firms (~32%) and mid-sized players (~20%). More than 40% of service providers claim to operate at all scales of operation. More than 70% service providers focus on production of oligonucleotides for research and diagnostic applications However, several players are shifting their focus onto manufacturing oligonucleotides for therapeutic use. It worth highlighting that close to 20% of service providers engaged in this domain claim to offer manufacturing services for research, diagnostic, and therapeutic applications. Partnership activity has increased at a CAGR of over 60% within this domain, since 2014 Majority of the agreements (40%) were signed to offer manufacturing services to oligonucleotide-based product developers, followed by mergers / acquisitions (21%), aimed at the consolidation of existing service portfolios. Multiple expansion initiatives were undertaken by service providers, between 2014 and 2019 Over 45% of such initiatives were reported to be focused on expanding manufacturing-related capabilities, followed by building new facilities (25%). Demand for oligonucleotides is anticipated to grow at a CAGR of 13.3%, during 2020-2030 Given the fact that several oligonucleotide-based drug products were approved in the last 3-4 years, the commercial demand for oligonucleotides is high. Interestingly, over 65% of the estimated commercial demand was observed to have generated from products intended for treating neuromuscular disorders. The US and EU have emerged as major oligonucleotide manufacturing hubs, both in terms of number of facilities and installed capacity More than 55 oligonucleotide manufacturers were observed to have facilities in the US and EU. At present, the annual, installed manufacturing capacity in these regions is estimated to represent around 75% of the available global capacity. This is primarily driven by players with commercial scale expertise / capabilities. Antisense oligonucleotides and siRNAs are anticipated to capture over 70% of the market share. by 2030 Interestingly, the manufacturing services market for miRNAs and other novel oligonucleotides is anticipated to grow at a relatively faster rate during the next decade. To request a sample copy / brochure of this report, please visit thislink Key Questions Answered Who are the leading manufacturers of oligonucleotides for use in research, diagnostic and therapeutic applications? What are the preferred custom synthesis, modification and purification methods used for oligonucleotides? What are the key challenges faced by oligonucleotide manufacturers? What kind of partnership models are commonly adopted by industry stakeholders? What are the recent expansion initiatives undertaken by service providers within this domain? What is the annual clinical and commercial demand for oligonucleotides? What is the current, installed manufacturing capacity for oligonucleotides? What percentage of oligonucleotide manufacturing operations are outsourced to service providers? What are the opportunities in emerging markets for oligonucleotide manufacturing? How is the current and future market opportunity likely to be distributed across key market segments? What are the anticipated future trends related to oligonucleotide manufacturing? The ~USD 3.0 billion financial opportunity (by 2030) within the oligonucleotide synthesis, modification and purification services market has been analyzed across the following segments: Application Research and diagnostics Therapeutics Type of oligonucleotide manufactured Antisense miRNA siRNA Other oligonucleotides Scale of Operation Preclinical / Clinical Commercial Company Size Small Mid-sized Large Target Therapeutic Area Oncological disorders Ophthalmic disorders Metabolic disorders Autoimmune disorders Other therapeutic areas Key geographical regions North America Europe Asia-Pacific Rest of the world The report features inputs from the eminent industry stakeholders, according to whom the oligonucleotide manufacturing services market is primarily driven by the increasing demand for such molecules for use in diagnostic and therapeutic applications. The report includes detailed transcripts of discussions held with the following experts: Joachim Bertram (Chief Scientific Officer and Managing Director, IBA Lifesciences) Tobias Pohlmann (Founder and Managing Director, BianoScience) The research covers detailed profiles, featuring a brief company overview, its financial information (if available), information related to its service portfolio, manufacturing facilities, details on partnerships, recent developments (expansions), and awards received by the firm, as well as an informed future outlook. Agilent Technologies Ajinomoto Bio-Pharma Services BioSpring CordenPharma Integrated DNA Technologies Kaneka Eurogentec LGC Biosearch Technologies Microsynth Nitto Denko Avecia Sigma Aldrich Thermo Fisher Scientific Trilink Biotechnologies For additional details, please visit https://www.rootsanalysis.com/reports/view_document/oligonucleotide-synthesis/304.htmlor email [emailprotected] You may also be interested in the following titles: 1. China Biopharmaceutical Contract Manufacturing Market, 2020-2030 2. China Pharmaceutical Contract Manufacturing Services Market, 2020-2030 3. Pharmaceutical Continuous Manufacturing Market, 2020-2030 4. Peptide Therapeutics: Contract API Manufacturing Market, 2020-2030 5. Live Biotherapeutic Products and Microbiome Contract Manufacturing Market: Focus on Active Pharmaceutical Ingredients and Finished Dosage Forms, 2020-2030 Contact: Gaurav Chaudhary +1 (415) 800-3415 +44 (122) 391-1091[emailprotected] SOURCE Roots Analysis Answer:
The Oligonucleotide Synthesis, Modification and Purification Services Market is Expected to Grow at an Annualized Rate of over 10%, Claims Roots Analysis The rapidly growing demand for oligonucleotides, coupled to complex manufacturing procedures and high capital investments required for setting up manufacturing facilities, has generated a range of new opportunities for custom manufacturers
LONDON, April 16, 2020 /PRNewswire/ -- Roots Analysishas announced the addition ofthe "Oligonucleotide Synthesis, Modification and Purification Services Market: Focus on Research, Diagnostic and Therapeutic Applications, 2020-2030" report to its list of offerings. In fact, several big pharma companies are known to outsource more than half of their clinical-stage oligonucleotide manufacturing operations. Anticipating a sharp rise in demand, oligonucleotide manufacturers are increasingly consolidating their portfolios, building new capabilities and expanding their respective capacities, mostly through acquisitions, in order to gain a competitive edge. To order this 300+ page report, which features 140+ figures and 190+ tables, please visit this link Key Market Insights Presently, there are 270+ trials evaluating a number of oligonucleotide-based interventions Of these, around 40% are investigating the use of antisense oligonucleotides. Till date, more than 47,000 patients have been enrolled in ongoing / planned trials; majority of them being enrolled in Europe. Over 80 companies claim to offer manufacturing services, at different scales of operation, for oligonucleotides The market landscape is currently dominated by the presence of small firms (1-50 employees), which represent close to 50% of the total number of industry stakeholders. This is followed by the larger and more established firms (~32%) and mid-sized players (~20%). More than 40% of service providers claim to operate at all scales of operation. More than 70% service providers focus on production of oligonucleotides for research and diagnostic applications However, several players are shifting their focus onto manufacturing oligonucleotides for therapeutic use. It worth highlighting that close to 20% of service providers engaged in this domain claim to offer manufacturing services for research, diagnostic, and therapeutic applications. Partnership activity has increased at a CAGR of over 60% within this domain, since 2014 Majority of the agreements (40%) were signed to offer manufacturing services to oligonucleotide-based product developers, followed by mergers / acquisitions (21%), aimed at the consolidation of existing service portfolios. Multiple expansion initiatives were undertaken by service providers, between 2014 and 2019 Over 45% of such initiatives were reported to be focused on expanding manufacturing-related capabilities, followed by building new facilities (25%). Demand for oligonucleotides is anticipated to grow at a CAGR of 13.3%, during 2020-2030 Given the fact that several oligonucleotide-based drug products were approved in the last 3-4 years, the commercial demand for oligonucleotides is high. Interestingly, over 65% of the estimated commercial demand was observed to have generated from products intended for treating neuromuscular disorders. The US and EU have emerged as major oligonucleotide manufacturing hubs, both in terms of number of facilities and installed capacity More than 55 oligonucleotide manufacturers were observed to have facilities in the US and EU. At present, the annual, installed manufacturing capacity in these regions is estimated to represent around 75% of the available global capacity. This is primarily driven by players with commercial scale expertise / capabilities. Antisense oligonucleotides and siRNAs are anticipated to capture over 70% of the market share. by 2030 Interestingly, the manufacturing services market for miRNAs and other novel oligonucleotides is anticipated to grow at a relatively faster rate during the next decade. To request a sample copy / brochure of this report, please visit thislink Key Questions Answered Who are the leading manufacturers of oligonucleotides for use in research, diagnostic and therapeutic applications? What are the preferred custom synthesis, modification and purification methods used for oligonucleotides? What are the key challenges faced by oligonucleotide manufacturers? What kind of partnership models are commonly adopted by industry stakeholders? What are the recent expansion initiatives undertaken by service providers within this domain? What is the annual clinical and commercial demand for oligonucleotides? What is the current, installed manufacturing capacity for oligonucleotides? What percentage of oligonucleotide manufacturing operations are outsourced to service providers? What are the opportunities in emerging markets for oligonucleotide manufacturing? How is the current and future market opportunity likely to be distributed across key market segments? What are the anticipated future trends related to oligonucleotide manufacturing? The ~USD 3.0 billion financial opportunity (by 2030) within the oligonucleotide synthesis, modification and purification services market has been analyzed across the following segments: Application Research and diagnostics Therapeutics Type of oligonucleotide manufactured Antisense miRNA siRNA Other oligonucleotides Scale of Operation Preclinical / Clinical Commercial Company Size Small Mid-sized Large Target Therapeutic Area Oncological disorders Ophthalmic disorders Metabolic disorders Autoimmune disorders Other therapeutic areas Key geographical regions North America Europe Asia-Pacific Rest of the world The report features inputs from the eminent industry stakeholders, according to whom the oligonucleotide manufacturing services market is primarily driven by the increasing demand for such molecules for use in diagnostic and therapeutic applications. The report includes detailed transcripts of discussions held with the following experts: Joachim Bertram (Chief Scientific Officer and Managing Director, IBA Lifesciences) Tobias Pohlmann (Founder and Managing Director, BianoScience) The research covers detailed profiles, featuring a brief company overview, its financial information (if available), information related to its service portfolio, manufacturing facilities, details on partnerships, recent developments (expansions), and awards received by the firm, as well as an informed future outlook. Agilent Technologies Ajinomoto Bio-Pharma Services BioSpring CordenPharma Integrated DNA Technologies Kaneka Eurogentec LGC Biosearch Technologies Microsynth Nitto Denko Avecia Sigma Aldrich Thermo Fisher Scientific Trilink Biotechnologies For additional details, please visit https://www.rootsanalysis.com/reports/view_document/oligonucleotide-synthesis/304.htmlor email [emailprotected] You may also be interested in the following titles: 1. China Biopharmaceutical Contract Manufacturing Market, 2020-2030 2. China Pharmaceutical Contract Manufacturing Services Market, 2020-2030 3. Pharmaceutical Continuous Manufacturing Market, 2020-2030 4. Peptide Therapeutics: Contract API Manufacturing Market, 2020-2030 5. Live Biotherapeutic Products and Microbiome Contract Manufacturing Market: Focus on Active Pharmaceutical Ingredients and Finished Dosage Forms, 2020-2030 Contact: Gaurav Chaudhary +1 (415) 800-3415 +44 (122) 391-1091[emailprotected] SOURCE Roots Analysis
edtsum108
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DALLAS, Jan. 5, 2021 /PRNewswire/ -- Customer Support Transformation: The Guide to Essential Practices and Metrics, the new research-based report by Service Excellence Research Group (ServiceXRG) in collaboration with TeamSupport, examines important trends in customer support delivery and offers tangible guidance for customer support and service professionals to meet growing expectations of both customers and company executives. "B2B support demand is growing by almost 11 percent," acknowledges Melissa Hendrick, Chief Marketing Officer at TeamSupport, an award-winning post-sale B2B customer support software solution provider for technology-enabled companies. "The customer support function traditionally has been reactive and transactional, butit is evolving to be more proactive, helping tostrengthencustomer relationships." She goes on, "Customer support is now playing a key role in drivingrecurring revenues and dramatically reducing churn." Customer support is evolving to be more proactive, playing a key role in driving recurring revenues and reducing churn. Tweet this "The Customer Support Transformation report highlights the challenges customer support leaders face and offers insights into the practices and metrics companies need to successfully scale support and deliver the level of service customers expect,"saidTom Sweeny, CEO of ServiceXRG, a leading industry research and consulting firm. It outlines ten actionable Support imperatives that customer support leaders must focus on to drive the continued transformation of this function, including: Focusing on delivering positive experiences that retain customer relationships Prioritizing investment in customer support initiatives to reduce demand and to help customers gain greater self-sufficiency Leveraging customer interactions and support case data to identify predictive and preventative opportunities "Support has always been ready to embrace new ways to improve customer experiences and achieve greater efficiencies," Sweeny concludes. "This study finds that Support has reached an inflection point where subscription-based relationships, the imperative to drive product adoption, and the perennial challenges of resource constraints and demands for cost efficiency suggest that incremental changes to Support are no longer enough." The full report is now available for download.About TeamSupportTeamSupport is a post-sale award-winning customer support software provider built specifically for the unique needs of B2B (business-to-business) technology-enabled companies within the computer software, hardware, information technology services, and telecom industries. Created by B2B customer support industry experts, TeamSupport has spent the past decade creating a support solution that helps build passionate customer bases for its clients.TeamSupport stands alone as the leading support solution that helps solve for sophisticated client needs and fuels successful client interactions. The TeamSupport suite of solutions includes TeamInsights, a customizable reporting and analytics dashboard.TeamSupport is headquartered in Dallas, Texas. Learn more at TeamSupport.com.About Service Excellence Research GroupSince 2004, ServiceXRG has guided the world's leading technology companies in their strategic efforts to retain customers, grow recurring revenue, and achieve cost efficiencies through the delivery of high-quality Technical Support and Customer Success services. We accomplish this through in-depth technology services industry research, best practices and performance benchmarking, and expert coaching services. Learn more at ServiceXRG.com. SOURCE TeamSupport, LLC. Related Links http://www.teamsupport.com Answer:
Customer Support Demand Rises, Shifts to Proactive Revenue-Driving Focus New research-based report examines current trends in customer support delivery, offers tangible guidance for B2B customer support and service professionals.
DALLAS, Jan. 5, 2021 /PRNewswire/ -- Customer Support Transformation: The Guide to Essential Practices and Metrics, the new research-based report by Service Excellence Research Group (ServiceXRG) in collaboration with TeamSupport, examines important trends in customer support delivery and offers tangible guidance for customer support and service professionals to meet growing expectations of both customers and company executives. "B2B support demand is growing by almost 11 percent," acknowledges Melissa Hendrick, Chief Marketing Officer at TeamSupport, an award-winning post-sale B2B customer support software solution provider for technology-enabled companies. "The customer support function traditionally has been reactive and transactional, butit is evolving to be more proactive, helping tostrengthencustomer relationships." She goes on, "Customer support is now playing a key role in drivingrecurring revenues and dramatically reducing churn." Customer support is evolving to be more proactive, playing a key role in driving recurring revenues and reducing churn. Tweet this "The Customer Support Transformation report highlights the challenges customer support leaders face and offers insights into the practices and metrics companies need to successfully scale support and deliver the level of service customers expect,"saidTom Sweeny, CEO of ServiceXRG, a leading industry research and consulting firm. It outlines ten actionable Support imperatives that customer support leaders must focus on to drive the continued transformation of this function, including: Focusing on delivering positive experiences that retain customer relationships Prioritizing investment in customer support initiatives to reduce demand and to help customers gain greater self-sufficiency Leveraging customer interactions and support case data to identify predictive and preventative opportunities "Support has always been ready to embrace new ways to improve customer experiences and achieve greater efficiencies," Sweeny concludes. "This study finds that Support has reached an inflection point where subscription-based relationships, the imperative to drive product adoption, and the perennial challenges of resource constraints and demands for cost efficiency suggest that incremental changes to Support are no longer enough." The full report is now available for download.About TeamSupportTeamSupport is a post-sale award-winning customer support software provider built specifically for the unique needs of B2B (business-to-business) technology-enabled companies within the computer software, hardware, information technology services, and telecom industries. Created by B2B customer support industry experts, TeamSupport has spent the past decade creating a support solution that helps build passionate customer bases for its clients.TeamSupport stands alone as the leading support solution that helps solve for sophisticated client needs and fuels successful client interactions. The TeamSupport suite of solutions includes TeamInsights, a customizable reporting and analytics dashboard.TeamSupport is headquartered in Dallas, Texas. Learn more at TeamSupport.com.About Service Excellence Research GroupSince 2004, ServiceXRG has guided the world's leading technology companies in their strategic efforts to retain customers, grow recurring revenue, and achieve cost efficiencies through the delivery of high-quality Technical Support and Customer Success services. We accomplish this through in-depth technology services industry research, best practices and performance benchmarking, and expert coaching services. Learn more at ServiceXRG.com. SOURCE TeamSupport, LLC. Related Links http://www.teamsupport.com
edtsum109
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: PARAMUS, N.J., Nov. 25, 2020 /PRNewswire/ --PolaryxTherapeutics, Inc., abiotechcompany developing small molecule therapeutics forlysosomalstorage disorders, announced today that it has received from the U.S. Food and Drug Administration (FDA) both Rare Pediatric Disease and Orphan Drug designations for the treatment of GM2 gangliosidosis with PLX-300. GM2 gangliosidosis, also known as Tay-Sachs and Sandhoff diseases, are ultra-rare and fatal pediatric neurodegenerative disorders caused by defects in Hexosaminidase A (HEXA) and Hexosaminidase B (HEXB), key enzymes in the lysosome, respectively. These genetic defects lead to abnormal accumulation of gangliosides, resulting in severe progressive neurodegeneration, seizures, loss of mobility, hearing, and vision, and early death. There is no cure for these diseases and the only treatment is supportive care. Under theFDA'srare pediatric disease designation program, the FDA grants Rare Pediatric Disease designation for serious or life-threatening diseases with patients aged from birth to 18 years which affects fewer than 200,000 people in the U.S. If a new drug application (NDA) for PLX-300 is approved, the Company is eligible to receive a priority review voucher that may be sold or transferred to others. In addition, because orphan drug designation has been granted to PLX-300 for GM2 gangliosidosis from the FDA, the Company can receive the FDA's expedited review and approval process. "We are very excited to receive both rare pediatric disease and orphan drug designations from the FDA for the treatment of GM2 gangliosidosis with PLX-300. These designations clearly demonstrate the translational excellence of the PLX-300 from bench to bedside. We are now doing required preclinical studies in order to enter into Phase1/2 studies as soon as possible," says Dr. Hahn-Jun Lee, M.Sc., Ph.D., President and CEO ofPolaryxTherapeutics, Inc. Alex Yang, J.D., LLM, President and CEO ofMstonePartners Hong Kong and Chairof the Board atPolaryxTherapeutics, stated, "We are making tremendous steps towards developing several promising drugs to treat a number of highly unmet diseases affecting the lysosomal enzymes in the brain.On top of the recent commencement of other lysosomal storage disorders, we will also make every effort to bring the effective drugs for children suffering from these life-threatening diseases." PolaryxTherapeutics, Inc. PolaryxTherapeutics, Inc. is developing drug candidates forlysosomalstorage disorders, for which there are currently no safe and patient-friendly treatment options available.Lysosomalstorage disorders are a group of rare inherited genetic disorders caused by the dysfunction oflysosomalenzymes and/or molecules important in the function of these enzymes. Young children are victims of these devastating diseases and die at an early age due to lack of treatment options. PLX-300 PLX-300 is a novel, small molecule found in many plants as a deaminated product of phenylalanine. It is widely used as a spice or flavoring material for food. It activatesPPAR, which enhances production of transcription factor EB (TFEB). TFEB then binds to the promoter of genes involved inlysosomebiogenesisand activates their production. PLX-300 also has additional activities, such as reducing inflammation and preventing cell death (apoptosis). GM2 gangliosidosis The GM2 gangliosidosis is caused by mutations in the HEXA and HEXB genes encoding subunits of ganglioside -hexosaminidase (Hex), the lysosomal enzyme that normally degrades GM2. As a result, GM2 ganglioside accumulates in the lysosomes of nerve cells resulting in distended neurons engorged with swollen lysosomes (membranous cytoplasmic bodies; MCB) throughout the nervous system. There are two major forms of Hex: HEXA, a heterodimer composed of one and one subunit, and HEXB, composed of two subunits. TaySachs disease is caused by mutations in the HEXA gene encoding the subunit of HEXA. The much rarer Sandhoff disease, a more severe form of Tay-Sachs disease, is caused by mutations in the HEXB gene encoding the subunit, leading to deficiency of both HEXA and HEXB activities. Media ContactHahn-Jun Lee, M.Sc., Ph.D.201-724-1786[emailprotected] Related Images image1.png SOURCE Polaryx Therapeutics, Inc Answer:
Polaryx Therapeutics Receives Both Rare Pediatric Disease and Orphan Drug Designations for the Treatment of GM2 Gangliosidosis With PLX-300
PARAMUS, N.J., Nov. 25, 2020 /PRNewswire/ --PolaryxTherapeutics, Inc., abiotechcompany developing small molecule therapeutics forlysosomalstorage disorders, announced today that it has received from the U.S. Food and Drug Administration (FDA) both Rare Pediatric Disease and Orphan Drug designations for the treatment of GM2 gangliosidosis with PLX-300. GM2 gangliosidosis, also known as Tay-Sachs and Sandhoff diseases, are ultra-rare and fatal pediatric neurodegenerative disorders caused by defects in Hexosaminidase A (HEXA) and Hexosaminidase B (HEXB), key enzymes in the lysosome, respectively. These genetic defects lead to abnormal accumulation of gangliosides, resulting in severe progressive neurodegeneration, seizures, loss of mobility, hearing, and vision, and early death. There is no cure for these diseases and the only treatment is supportive care. Under theFDA'srare pediatric disease designation program, the FDA grants Rare Pediatric Disease designation for serious or life-threatening diseases with patients aged from birth to 18 years which affects fewer than 200,000 people in the U.S. If a new drug application (NDA) for PLX-300 is approved, the Company is eligible to receive a priority review voucher that may be sold or transferred to others. In addition, because orphan drug designation has been granted to PLX-300 for GM2 gangliosidosis from the FDA, the Company can receive the FDA's expedited review and approval process. "We are very excited to receive both rare pediatric disease and orphan drug designations from the FDA for the treatment of GM2 gangliosidosis with PLX-300. These designations clearly demonstrate the translational excellence of the PLX-300 from bench to bedside. We are now doing required preclinical studies in order to enter into Phase1/2 studies as soon as possible," says Dr. Hahn-Jun Lee, M.Sc., Ph.D., President and CEO ofPolaryxTherapeutics, Inc. Alex Yang, J.D., LLM, President and CEO ofMstonePartners Hong Kong and Chairof the Board atPolaryxTherapeutics, stated, "We are making tremendous steps towards developing several promising drugs to treat a number of highly unmet diseases affecting the lysosomal enzymes in the brain.On top of the recent commencement of other lysosomal storage disorders, we will also make every effort to bring the effective drugs for children suffering from these life-threatening diseases." PolaryxTherapeutics, Inc. PolaryxTherapeutics, Inc. is developing drug candidates forlysosomalstorage disorders, for which there are currently no safe and patient-friendly treatment options available.Lysosomalstorage disorders are a group of rare inherited genetic disorders caused by the dysfunction oflysosomalenzymes and/or molecules important in the function of these enzymes. Young children are victims of these devastating diseases and die at an early age due to lack of treatment options. PLX-300 PLX-300 is a novel, small molecule found in many plants as a deaminated product of phenylalanine. It is widely used as a spice or flavoring material for food. It activatesPPAR, which enhances production of transcription factor EB (TFEB). TFEB then binds to the promoter of genes involved inlysosomebiogenesisand activates their production. PLX-300 also has additional activities, such as reducing inflammation and preventing cell death (apoptosis). GM2 gangliosidosis The GM2 gangliosidosis is caused by mutations in the HEXA and HEXB genes encoding subunits of ganglioside -hexosaminidase (Hex), the lysosomal enzyme that normally degrades GM2. As a result, GM2 ganglioside accumulates in the lysosomes of nerve cells resulting in distended neurons engorged with swollen lysosomes (membranous cytoplasmic bodies; MCB) throughout the nervous system. There are two major forms of Hex: HEXA, a heterodimer composed of one and one subunit, and HEXB, composed of two subunits. TaySachs disease is caused by mutations in the HEXA gene encoding the subunit of HEXA. The much rarer Sandhoff disease, a more severe form of Tay-Sachs disease, is caused by mutations in the HEXB gene encoding the subunit, leading to deficiency of both HEXA and HEXB activities. Media ContactHahn-Jun Lee, M.Sc., Ph.D.201-724-1786[emailprotected] Related Images image1.png SOURCE Polaryx Therapeutics, Inc
edtsum110
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: CHICAGO--(BUSINESS WIRE)--Adtalem Global Education Inc. (NYSE: ATGE), a leading workforce solutions provider, today reported academic, operating and financial results for its fiscal 2021 third quarter ended March 31, 2021. The earnings press release and a presentation used to accompany the webcast are accessible by visiting the Investor Relations section of Adtalems website, located at the following link: https://investors.adtalem.com/events/events-calendar/event-details/2021/Adtalem-Global-Education-Third-Quarter-2021-Earnings-Conference-Call/default.aspx As previously announced, Lisa Wardell, chairman and chief executive officer, Bob Phelan, interim chief financial officer, and Stephen Beard, chief operating officer, will discuss the company's financial performance during a conference call today at 4 p.m. CT (5 p.m. ET). For those participating by telephone, dial 877-407-6184 (United States) or +1 201-389-0877 (outside the United States) and request the Adtalem Call or use conference ID: 13718636. Adtalem will also broadcast the conference call live on the web at: https://78449.themediaframe.com/dataconf/productusers/age/mediaframe/44528/indexl.html Please access the website at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. Adtalem will archive a replay of the call until May 29, 2021. To access the replay, dial 877-660-6853 (United States) or +1 201-612-7415 (outside the United States), conference ID: 13718636, or visit the Adtalem website at: https://investors.adtalem.com/overview/default.aspx. About Adtalem Global Education The purpose of Adtalem Global Education is to empower students and members to achieve their goals, find success, and make inspiring contributions to our global community. Adtalem Global Education Inc. (NYSE: ATGE; member S&P MidCap 400 Index) is a leading workforce solutions provider and the parent organization of American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, OnCourse Learning, Ross University School of Medicine and Ross University School of Veterinary Medicine. For more information, please visit adtalem.com and follow us on Twitter (@adtalemglobal) and LinkedIn. Answer:
Adtalem Global Education Announces Third-Quarter Fiscal 2021 Results
CHICAGO--(BUSINESS WIRE)--Adtalem Global Education Inc. (NYSE: ATGE), a leading workforce solutions provider, today reported academic, operating and financial results for its fiscal 2021 third quarter ended March 31, 2021. The earnings press release and a presentation used to accompany the webcast are accessible by visiting the Investor Relations section of Adtalems website, located at the following link: https://investors.adtalem.com/events/events-calendar/event-details/2021/Adtalem-Global-Education-Third-Quarter-2021-Earnings-Conference-Call/default.aspx As previously announced, Lisa Wardell, chairman and chief executive officer, Bob Phelan, interim chief financial officer, and Stephen Beard, chief operating officer, will discuss the company's financial performance during a conference call today at 4 p.m. CT (5 p.m. ET). For those participating by telephone, dial 877-407-6184 (United States) or +1 201-389-0877 (outside the United States) and request the Adtalem Call or use conference ID: 13718636. Adtalem will also broadcast the conference call live on the web at: https://78449.themediaframe.com/dataconf/productusers/age/mediaframe/44528/indexl.html Please access the website at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. Adtalem will archive a replay of the call until May 29, 2021. To access the replay, dial 877-660-6853 (United States) or +1 201-612-7415 (outside the United States), conference ID: 13718636, or visit the Adtalem website at: https://investors.adtalem.com/overview/default.aspx. About Adtalem Global Education The purpose of Adtalem Global Education is to empower students and members to achieve their goals, find success, and make inspiring contributions to our global community. Adtalem Global Education Inc. (NYSE: ATGE; member S&P MidCap 400 Index) is a leading workforce solutions provider and the parent organization of American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, OnCourse Learning, Ross University School of Medicine and Ross University School of Veterinary Medicine. For more information, please visit adtalem.com and follow us on Twitter (@adtalemglobal) and LinkedIn.
edtsum111
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LITTLETON, Mass.--(BUSINESS WIRE)--Mevion Medical Systems and Proton International announced today that they have signed a two-system contract to bring Mevions compact proton therapy solution to new centers in locations to be announced in South Texas and the Southeast United States. The new centers will feature the MEVION S250i Proton Therapy System with HYPERSCAN Pencil Beam Scanning (PBS). HYPERSCAN enables faster and sharper delivery of therapeutic radiation to tumors. The systems leading-edge clinical capabilities, combined with its compact, affordable design, and industry-leading ramp-up time, has changed the landscape of proton therapy. Today, more cancer centers are considering providing compact proton therapy to their patients because of the technology Mevion has advanced. We selected Mevions compact system because it has the ability to offer an efficient clinical solution adopted by many major cancer programs while minimizing costs, said Chris Chandler, chief executive officer of Proton International. PI specializes in providing custom single-room proton therapy solutions to our clinical providers, and this technology will be a powerful addition to their cancer treatment arsenal. Proton Internationals successful approach to proton therapy by focusing on building and operating centers that support their customers goals made them a natural partner, said Tina Yu, Ph.D., chief executive officer of Mevion. We look forward to collaborating closely with Proton International on these new centers and providing greater access to this lifesaving technology to patients in Texas and the Southeast. As the leading supplier of compact proton therapy systems in the United States, Mevion has been selected by more NCI-Designated Cancer Centers than any other manufacturer. In July, another MEVION S250i Proton Therapy System began treating patients at Barnes-Jewish Hospital in St. Louis, MO, and Huntsman Cancer Institute at the University of Utah in Salt Lake City, Utah will be clinically operational at the end of 2020. About Mevion Medical Systems Since 2004, Mevion Medical Systems has been the leading provider of compact proton therapy systems for cancer care. Dedicated to advancing the design and accessibility of proton therapy worldwide, Mevion was the first company to innovate this new single-room platform and continues to further the science and application of proton therapy. Mevions flagship product, the MEVION S250i Proton Therapy System with HYPERSCAN pencil beam scanning, is the worlds smallest proton therapy system that eliminates the obstacles of size, complexity, and cost that exists with other proton therapy systems. Mevion is headquartered in Littleton, Massachusetts, with a presence in Europe and Asia. For more information, please visit www.mevion.com. Follow us on Twitter: @MevionMedical Connect with us on LinkedIn: Mevion Medical Systems Like Us on Facebook: MevionMedical About Proton International Proton International, www.protonintl.com, has an experienced team dedicated to bringing proton therapy to patients. The company works with hospitals and physician groups to develop one- and two-room proton therapy facilities on a turnkey basis. The PI team has developed and operated multiple centers and is currently active on several projects. Proton International completed proton centers at William Beaumont Hospital in Royal Oak, Michigan University Medical Center in Groningen, The Netherlands, University of Alabama Birmingham, and Delray Beach, Florida; where the centers are currently treating patients. The company has several additional centers under design and construction. PIs business model ensures that projects are completed on time, on budget, and within the scope and needs of the institution. Services include business planning, organizational structure, financing, building design and construction, installation and commissioning, equipment, staff training, and more. Answer:
Mevion and Proton International to Partner on Two Proton Therapy Centers
LITTLETON, Mass.--(BUSINESS WIRE)--Mevion Medical Systems and Proton International announced today that they have signed a two-system contract to bring Mevions compact proton therapy solution to new centers in locations to be announced in South Texas and the Southeast United States. The new centers will feature the MEVION S250i Proton Therapy System with HYPERSCAN Pencil Beam Scanning (PBS). HYPERSCAN enables faster and sharper delivery of therapeutic radiation to tumors. The systems leading-edge clinical capabilities, combined with its compact, affordable design, and industry-leading ramp-up time, has changed the landscape of proton therapy. Today, more cancer centers are considering providing compact proton therapy to their patients because of the technology Mevion has advanced. We selected Mevions compact system because it has the ability to offer an efficient clinical solution adopted by many major cancer programs while minimizing costs, said Chris Chandler, chief executive officer of Proton International. PI specializes in providing custom single-room proton therapy solutions to our clinical providers, and this technology will be a powerful addition to their cancer treatment arsenal. Proton Internationals successful approach to proton therapy by focusing on building and operating centers that support their customers goals made them a natural partner, said Tina Yu, Ph.D., chief executive officer of Mevion. We look forward to collaborating closely with Proton International on these new centers and providing greater access to this lifesaving technology to patients in Texas and the Southeast. As the leading supplier of compact proton therapy systems in the United States, Mevion has been selected by more NCI-Designated Cancer Centers than any other manufacturer. In July, another MEVION S250i Proton Therapy System began treating patients at Barnes-Jewish Hospital in St. Louis, MO, and Huntsman Cancer Institute at the University of Utah in Salt Lake City, Utah will be clinically operational at the end of 2020. About Mevion Medical Systems Since 2004, Mevion Medical Systems has been the leading provider of compact proton therapy systems for cancer care. Dedicated to advancing the design and accessibility of proton therapy worldwide, Mevion was the first company to innovate this new single-room platform and continues to further the science and application of proton therapy. Mevions flagship product, the MEVION S250i Proton Therapy System with HYPERSCAN pencil beam scanning, is the worlds smallest proton therapy system that eliminates the obstacles of size, complexity, and cost that exists with other proton therapy systems. Mevion is headquartered in Littleton, Massachusetts, with a presence in Europe and Asia. For more information, please visit www.mevion.com. Follow us on Twitter: @MevionMedical Connect with us on LinkedIn: Mevion Medical Systems Like Us on Facebook: MevionMedical About Proton International Proton International, www.protonintl.com, has an experienced team dedicated to bringing proton therapy to patients. The company works with hospitals and physician groups to develop one- and two-room proton therapy facilities on a turnkey basis. The PI team has developed and operated multiple centers and is currently active on several projects. Proton International completed proton centers at William Beaumont Hospital in Royal Oak, Michigan University Medical Center in Groningen, The Netherlands, University of Alabama Birmingham, and Delray Beach, Florida; where the centers are currently treating patients. The company has several additional centers under design and construction. PIs business model ensures that projects are completed on time, on budget, and within the scope and needs of the institution. Services include business planning, organizational structure, financing, building design and construction, installation and commissioning, equipment, staff training, and more.
edtsum112
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: BOSTON--(BUSINESS WIRE)--Black Friday 2020 researchers are tracking the top early Apple TV deals for Black Friday 2020, featuring sales on various Apple streaming device models. Links to the best deals are listed below. Best Apple TV Deals: Want some more deals? Check out Walmarts Black Friday sale and Amazons latest holiday season deals to enjoy hundreds more discounts available now. Spending Lab earns commissions from purchases made using the links provided. The Apple TV 4K introduces two key features to the premium media device: 4K and HDR support. Apples fifth-generation TV also boasts support for Dolby Vision and HDR10, lending a truly cinematic quality to the streaming experience. Just like the 4th Gen Apple TV, the Apple TV 4K is available in 32GB and 64GB models. It comes with an A10X Fusion Processor, Siri or Apple TV remote, Netflix streaming, and Bluetooth 5.0 connectivity. It also offers an extensive catalog of 4K HDR shows as well as exclusive content via Apple TV+ subscriptions. About Spending Lab: Spending Lab research and report on online sales events. As an Amazon Associate and affiliate Spending Lab earns from qualifying purchases. Answer:
Black Friday Apple TV Deals 2020: Best Early Apple TV & TV 4K Deals Reported by Spending Lab Save on Apple TV deals at the early Black Friday sale, together with 32GB Apple TV 4K deals
BOSTON--(BUSINESS WIRE)--Black Friday 2020 researchers are tracking the top early Apple TV deals for Black Friday 2020, featuring sales on various Apple streaming device models. Links to the best deals are listed below. Best Apple TV Deals: Want some more deals? Check out Walmarts Black Friday sale and Amazons latest holiday season deals to enjoy hundreds more discounts available now. Spending Lab earns commissions from purchases made using the links provided. The Apple TV 4K introduces two key features to the premium media device: 4K and HDR support. Apples fifth-generation TV also boasts support for Dolby Vision and HDR10, lending a truly cinematic quality to the streaming experience. Just like the 4th Gen Apple TV, the Apple TV 4K is available in 32GB and 64GB models. It comes with an A10X Fusion Processor, Siri or Apple TV remote, Netflix streaming, and Bluetooth 5.0 connectivity. It also offers an extensive catalog of 4K HDR shows as well as exclusive content via Apple TV+ subscriptions. About Spending Lab: Spending Lab research and report on online sales events. As an Amazon Associate and affiliate Spending Lab earns from qualifying purchases.
edtsum113
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SALT LAKE CITY, Oct. 21, 2020 /PRNewswire/ --Ivanti, the company that automates IT and Security Operations to discover, manage, secure and service from cloud to edge, announces the release of Ivanti Neurons for Patch Intelligence and Ivanti Neurons for Spend Intelligence. These solutions build on the Ivanti Neurons hyper-automation platform, first announced in July 2020, which empowers organizations to autonomously self-heal and self-secure devices and self-service end users. "The future of work, where working from anywhere on any device is the new normal, means that proactively managing the ever-increasing security risks and asset spend is top of mind for every enterprise," said Nayaki Nayyar, executive vice president and chief product officer, Ivanti. "Our latest additions to the Ivanti Neurons Platform for Patch and Spend Intelligence leverage our strength in patching to assess patch reliability and risk-based patch prioritization using supervised and unsupervised machine learning algorithms to automate vulnerability remediation and proactively manage software spend." Ivanti Neurons enables the self-healing autonomous edge with adaptive security and a contextualized, personalized experience for today's remote workforce. Customers of Ivanti Neurons are realizing over 50 percent reductions in support call times, eliminating duplicate work between IT operations and security teams, reducing the number of vulnerable devices by up to 50 percent.* Jesse Miller, information technology specialist for SouthStar Bank recalls his conversation with his compliance auditor about Ivanti Neurons for Patch Intelligence, "I am blown away by how Ivanti has built in a community response directly into their remediation system. I have never found anything like this! Instead of talking about security and patching for hours with a compliance auditor, we spent only minutes on it and moved onto other things. I have been impressed with the entire solution." The new Ivanti Neurons capabilities help enable users to reduce their time-to-patch for an overall improved security posture. They also dramatically improve the asset deployment and reclamation process for IT operations and security teams to take action and collaboratively work. New Ivanti Neurons solutions and capabilities include: Ivanti Neurons for Patch Intelligence helps enable organizations to achieve faster SLAs for their vulnerability remediation efforts via supervised and unsupervised machine learning algorithms. Drawing on the Ivanti patch management expertise, which deploys over 1.2 billion patch updates annually, Ivanti Neurons for Patch Intelligence helps users easily research, prioritize and receive better insights for patch management processes in one central location. Patch reliability data is automatically delivered with actionable intelligence pulled from thousands of public and crowdsourced sentiment data. This information provides improved patch reliability so security teams can act on threats faster and reduce their time-to-patch. A precise picture of the organization's threat landscape is provided through prioritized, risk-based metrics and feature-rich compliance dashboards. Ivanti Neurons for Patch Intelligence delivers highly accurate data that reduces the time it takes to respond to threats. Ivanti Neurons for Spend Intelligence which provides insights into an organization's software landscape and application spend for on-premises, cloud and edge environments to help improve operational speed and asset visibility, improve utilization and manage costs. Unlike complex software licensing tools, Ivanti Neurons for Spend Intelligence is easy and intuitive to use, with faster time-to-value. Within minutes, a detailed analysis of usage, licenses types, purchases, subscriptions, renewals and instances are presented in engaging dashboards to help users more effectively track usage, purchase history, upcoming renewals, contract expirations, and ongoing overall spend. Potential under and overspend issues and opportunities for automated reclamation are also highlighted, managing cost and reducing risk. Ivanti Neurons for Patch Intelligence and Ivanti Neurons for Spend Intelligence are available now as part of the Ivanti Neurons hyper-automation platform. In addition, enhancements across the Ivanti Neurons platform include broader out-of-the-box automation queries and actions to detect, diagnose and resolve issues, provide powerful data filtering to help IT make better decisions, and increase visibility through additional IT and non-IT devices and connector support. For more information visit: https://www.ivanti.com/neurons or join the Ivanti Neurons webinar on October 28. You can register here. Ivanti: Better Experiences, Better Outcomes.Ivanti automates IT and Security Operations to discover, manage, secure and service from cloud to edge. From PCs to mobile devices, VDI, and the data center, Ivantidiscovers IT assets on-premises, in cloud, and at the edge, improves IT service delivery, and reduces risk with insights and automation. The company also helps organizations leverage modern technology in the warehouse and across the supply chain to improve delivery without modifying backend systems. Ivanti is headquartered in Salt Lake City, Utah and has offices all over the world. For more information, visitwww.ivanti.comand follow @GoIvanti. Copyright 2020, Ivanti. All rights reserved. *Customer results are specific to their total environment and experience, of which Ivanti is a part. Individual results may vary based on each customer's unique environment. SOURCE Ivanti Related Links https://www.ivanti.com Answer:
Ivanti Adds New Ivanti Neurons Innovations Powered by Machine Learning to Improve Security Posture and Optimize Asset Spend Ivanti Neurons for Patch Intelligence and Spend Intelligence Leverages Supervised and Unsupervised Machine Learning Algorithms to Automate Vulnerability Remediation and Optimize Software Spend
SALT LAKE CITY, Oct. 21, 2020 /PRNewswire/ --Ivanti, the company that automates IT and Security Operations to discover, manage, secure and service from cloud to edge, announces the release of Ivanti Neurons for Patch Intelligence and Ivanti Neurons for Spend Intelligence. These solutions build on the Ivanti Neurons hyper-automation platform, first announced in July 2020, which empowers organizations to autonomously self-heal and self-secure devices and self-service end users. "The future of work, where working from anywhere on any device is the new normal, means that proactively managing the ever-increasing security risks and asset spend is top of mind for every enterprise," said Nayaki Nayyar, executive vice president and chief product officer, Ivanti. "Our latest additions to the Ivanti Neurons Platform for Patch and Spend Intelligence leverage our strength in patching to assess patch reliability and risk-based patch prioritization using supervised and unsupervised machine learning algorithms to automate vulnerability remediation and proactively manage software spend." Ivanti Neurons enables the self-healing autonomous edge with adaptive security and a contextualized, personalized experience for today's remote workforce. Customers of Ivanti Neurons are realizing over 50 percent reductions in support call times, eliminating duplicate work between IT operations and security teams, reducing the number of vulnerable devices by up to 50 percent.* Jesse Miller, information technology specialist for SouthStar Bank recalls his conversation with his compliance auditor about Ivanti Neurons for Patch Intelligence, "I am blown away by how Ivanti has built in a community response directly into their remediation system. I have never found anything like this! Instead of talking about security and patching for hours with a compliance auditor, we spent only minutes on it and moved onto other things. I have been impressed with the entire solution." The new Ivanti Neurons capabilities help enable users to reduce their time-to-patch for an overall improved security posture. They also dramatically improve the asset deployment and reclamation process for IT operations and security teams to take action and collaboratively work. New Ivanti Neurons solutions and capabilities include: Ivanti Neurons for Patch Intelligence helps enable organizations to achieve faster SLAs for their vulnerability remediation efforts via supervised and unsupervised machine learning algorithms. Drawing on the Ivanti patch management expertise, which deploys over 1.2 billion patch updates annually, Ivanti Neurons for Patch Intelligence helps users easily research, prioritize and receive better insights for patch management processes in one central location. Patch reliability data is automatically delivered with actionable intelligence pulled from thousands of public and crowdsourced sentiment data. This information provides improved patch reliability so security teams can act on threats faster and reduce their time-to-patch. A precise picture of the organization's threat landscape is provided through prioritized, risk-based metrics and feature-rich compliance dashboards. Ivanti Neurons for Patch Intelligence delivers highly accurate data that reduces the time it takes to respond to threats. Ivanti Neurons for Spend Intelligence which provides insights into an organization's software landscape and application spend for on-premises, cloud and edge environments to help improve operational speed and asset visibility, improve utilization and manage costs. Unlike complex software licensing tools, Ivanti Neurons for Spend Intelligence is easy and intuitive to use, with faster time-to-value. Within minutes, a detailed analysis of usage, licenses types, purchases, subscriptions, renewals and instances are presented in engaging dashboards to help users more effectively track usage, purchase history, upcoming renewals, contract expirations, and ongoing overall spend. Potential under and overspend issues and opportunities for automated reclamation are also highlighted, managing cost and reducing risk. Ivanti Neurons for Patch Intelligence and Ivanti Neurons for Spend Intelligence are available now as part of the Ivanti Neurons hyper-automation platform. In addition, enhancements across the Ivanti Neurons platform include broader out-of-the-box automation queries and actions to detect, diagnose and resolve issues, provide powerful data filtering to help IT make better decisions, and increase visibility through additional IT and non-IT devices and connector support. For more information visit: https://www.ivanti.com/neurons or join the Ivanti Neurons webinar on October 28. You can register here. Ivanti: Better Experiences, Better Outcomes.Ivanti automates IT and Security Operations to discover, manage, secure and service from cloud to edge. From PCs to mobile devices, VDI, and the data center, Ivantidiscovers IT assets on-premises, in cloud, and at the edge, improves IT service delivery, and reduces risk with insights and automation. The company also helps organizations leverage modern technology in the warehouse and across the supply chain to improve delivery without modifying backend systems. Ivanti is headquartered in Salt Lake City, Utah and has offices all over the world. For more information, visitwww.ivanti.comand follow @GoIvanti. Copyright 2020, Ivanti. All rights reserved. *Customer results are specific to their total environment and experience, of which Ivanti is a part. Individual results may vary based on each customer's unique environment. SOURCE Ivanti Related Links https://www.ivanti.com
edtsum114
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SAN MATEO, Calif.--(BUSINESS WIRE)--Incorta, the Direct Data Platform, today announced that for the first time it has been recognized in the 2020 Gartner Peer Insights Voice of the Customer Report for Analytics and Business Intelligence Platforms. Incorta was one of two vendors that received a 94 percent rating in the Willingness to Recommend category by customer reviewers who indicated they would refer the product to others. Heres what one reviewer had to say: Amazing, Customer Success oriented company! Incorta takes care of their customers and continues to offer a superior level of customer support after deployment. The growing product adoption in our company is more than we could have ever imagined in such a short period of time. The product itself is easy to learn, admin, and maintain. We are years further along in our Business Intelligence initiative than we could have been with other products in this space." Gartner Peer Insights is a free review and ratings platform focused on customer experiences implementing and operating a solution, and is complementary to the firms expert research. Reviews are verified following a rigorous multi-step process. Incorta received only 4- and 5-star reviews, for an overall rating of 4.6 based on 16 reviews during a 12 month period ending 31 May 2020. In subcategory breakdowns, the company received a 4.8 rating for Evaluation and Contracting; 4.7 for Integration and Deployment, and 4.6 for Service and Support, based on 16 reviews as of 31 May 2020. Incorta has had 100 percent customer retention for the last 12 months, so we know businesses are finding value in our no-ETL approach to delivering data for exploration to business users, said Incorta CEO Osama Elkady. Nonetheless, it is extremely gratifying to receive this recognition. When companies can get an answer to a question within a few minutes, instead of a week or two, now they are running their business in real-time, and that is a real competitive advantage that we are helping them achieve. For more information, please read our blog. Gartner Gartner Peer Insights Voice of the Customer: Analytics and Business Intelligence Platforms, Peer Contributors, 16 July 2020 Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates. About Incorta Incorta is the data analytics company on a mission to help data-driven enterprises be more agile and competitive by resolving their most complex data analytics challenges. Incortas Direct Data Platform gives enterprises the means to acquire, enrich, analyze and act on their business data with unmatched speed, simplicity and insight. Backed by GV (formerly Google Ventures), Kleiner Perkins, M12 (formerly Microsoft Ventures), Telstra Ventures, and Sorenson Capital, Incorta powers analytics for some of the most valuable brands and organizations in the world. For todays most complex data and analytics challenges, Incorta partners with Fortune 5 to Global 2000 customers such as Broadcom, Vitamix, Equinix, and Credit Suisse. For more information, visit https://www.incorta.com. Answer:
Incorta Recognized in the 2020 Gartner Peer Insights Voice of the Customer: Analytics and Business Intelligence Platforms Report Customer Reviewers Voiced Strong Recommendations for the Incorta Platform
SAN MATEO, Calif.--(BUSINESS WIRE)--Incorta, the Direct Data Platform, today announced that for the first time it has been recognized in the 2020 Gartner Peer Insights Voice of the Customer Report for Analytics and Business Intelligence Platforms. Incorta was one of two vendors that received a 94 percent rating in the Willingness to Recommend category by customer reviewers who indicated they would refer the product to others. Heres what one reviewer had to say: Amazing, Customer Success oriented company! Incorta takes care of their customers and continues to offer a superior level of customer support after deployment. The growing product adoption in our company is more than we could have ever imagined in such a short period of time. The product itself is easy to learn, admin, and maintain. We are years further along in our Business Intelligence initiative than we could have been with other products in this space." Gartner Peer Insights is a free review and ratings platform focused on customer experiences implementing and operating a solution, and is complementary to the firms expert research. Reviews are verified following a rigorous multi-step process. Incorta received only 4- and 5-star reviews, for an overall rating of 4.6 based on 16 reviews during a 12 month period ending 31 May 2020. In subcategory breakdowns, the company received a 4.8 rating for Evaluation and Contracting; 4.7 for Integration and Deployment, and 4.6 for Service and Support, based on 16 reviews as of 31 May 2020. Incorta has had 100 percent customer retention for the last 12 months, so we know businesses are finding value in our no-ETL approach to delivering data for exploration to business users, said Incorta CEO Osama Elkady. Nonetheless, it is extremely gratifying to receive this recognition. When companies can get an answer to a question within a few minutes, instead of a week or two, now they are running their business in real-time, and that is a real competitive advantage that we are helping them achieve. For more information, please read our blog. Gartner Gartner Peer Insights Voice of the Customer: Analytics and Business Intelligence Platforms, Peer Contributors, 16 July 2020 Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates. About Incorta Incorta is the data analytics company on a mission to help data-driven enterprises be more agile and competitive by resolving their most complex data analytics challenges. Incortas Direct Data Platform gives enterprises the means to acquire, enrich, analyze and act on their business data with unmatched speed, simplicity and insight. Backed by GV (formerly Google Ventures), Kleiner Perkins, M12 (formerly Microsoft Ventures), Telstra Ventures, and Sorenson Capital, Incorta powers analytics for some of the most valuable brands and organizations in the world. For todays most complex data and analytics challenges, Incorta partners with Fortune 5 to Global 2000 customers such as Broadcom, Vitamix, Equinix, and Credit Suisse. For more information, visit https://www.incorta.com.
edtsum115
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SHANGHAI, March 17, 2020 /PRNewswire/ -- James Liang is an economist and entrepreneur. Trip.com Group Ltd. is one of the world's largest OTAs. The following are his thoughts on current events, their effects on the travel industry, and how technology can help alleviate some of these issues. These opinions are his own, and do not necessarily reflect those of Trip.com Group Ltd. as a whole: Countries and regions all over the world have elevated their response to the COVID-19 novel coronavirus, imposing travel bans and cancelling events, bringing the economy to a standstill. In China, however, where the first lockdowns were implemented in late January at an estimated economic cost of around RMB 100 billion per day, the virus has been effectively contained, businesses have resumed operation, and life is returning to normal. In early February, when China implemented blanket bans on travelers, I argued for a more precise means of identifying at-risk persons for infection who had travelled to affected areas, like Wuhan. Mobile phones have an important role to play-- they are an integral part of peoples' lives, and we take them literally everywhere we go. Telecommunications operators thus have the best grasp on where a person has travelled to, at what time, and for how long. While keeping this important data secure and private, operators could work with governments and leading mobile Internet companies across the world to develop an electronic 'passport', and provide more precise epidemic prevention guidelines. With the 'passport' generated by this app, governments could, in a fluid and timely fashion, set travel, isolation and preventative regulations (like, the requirement to wear a mask) with view to the developing situation in each region. Today, China has managed to both effectively contain the virus and allow citizens to move freely throughout the country, using a mobile app to generate a 'Health Code'. The code, which any mobile phone user can easily obtain, allows individuals to voluntarily declare their movements, at a crucial moment in the fight against the epidemic, which would ordinarily demand stricter measures, like lockdowns and travel bans. The alternative is not only draconian, but ineffective. For example, currently, a British national who has travelled to Italy (and is therefore at risk of infection) may be allowed to enter Singapore, while an Italian national who has resided in the United Kingdom for years (and is thus a low risk case) would be denied entry. Furthermore, someone who travelled to Italy 10 days ago, but has been in the UK since would be required to quarantine for another 14 days upon arriving in a third country. A smart 'passport' would accurately identify material risk in both of these cases, and alleviate the traveler who had been in Italy 10 days ago of the additional and unnecessary 14 day burden, shortening the required isolation period to 4 days. As has been demonstrated domestically, Chinese citizens are more than willing to declare, in the form of a 'health code', their travel history in return for freedom of movement and convenience. If governments and telecommunications providers around the globe worked together to make this data available to citizens, travelers could voluntarily offer proof of their movements in exchange for privileges that may otherwise be restricted as a precautionary measure. With sufficient technological support, restrictions could be tightened and eased in real-time, avoiding unnecessary barriers to economic activity while effectively containing the outbreak. Telecommunications providers possess the data to deduce our movements, and make this possible. While this data should be used sparingly and with consent, many citizens would be willing to make such a declaration, in the same way some countries require itineraries and return tickets for entry. For example, Singapore Telecom could develop a mobile app to allow its users to voluntarily and conveniently declare their recent travel history when entering a destination country. When the alternative is prolonged blanket restrictions on travel and the real risk of economic recession, offering citizens the option to declare their movements in exchange for freedom of movement could be an effective way to balance control of the outbreak with the pressing need to resume normal economic and social activity. At this stage in the global fight against the epidemic, it is critical to minimize the negative impact on the economy. A smart app that helps precisely identify high-risk persons could have an important role. SOURCE Trip.com Group Ltd. Answer:
Trip.com Chairman James Liang : How Mobile Apps Could Help to Contain Epidemics
SHANGHAI, March 17, 2020 /PRNewswire/ -- James Liang is an economist and entrepreneur. Trip.com Group Ltd. is one of the world's largest OTAs. The following are his thoughts on current events, their effects on the travel industry, and how technology can help alleviate some of these issues. These opinions are his own, and do not necessarily reflect those of Trip.com Group Ltd. as a whole: Countries and regions all over the world have elevated their response to the COVID-19 novel coronavirus, imposing travel bans and cancelling events, bringing the economy to a standstill. In China, however, where the first lockdowns were implemented in late January at an estimated economic cost of around RMB 100 billion per day, the virus has been effectively contained, businesses have resumed operation, and life is returning to normal. In early February, when China implemented blanket bans on travelers, I argued for a more precise means of identifying at-risk persons for infection who had travelled to affected areas, like Wuhan. Mobile phones have an important role to play-- they are an integral part of peoples' lives, and we take them literally everywhere we go. Telecommunications operators thus have the best grasp on where a person has travelled to, at what time, and for how long. While keeping this important data secure and private, operators could work with governments and leading mobile Internet companies across the world to develop an electronic 'passport', and provide more precise epidemic prevention guidelines. With the 'passport' generated by this app, governments could, in a fluid and timely fashion, set travel, isolation and preventative regulations (like, the requirement to wear a mask) with view to the developing situation in each region. Today, China has managed to both effectively contain the virus and allow citizens to move freely throughout the country, using a mobile app to generate a 'Health Code'. The code, which any mobile phone user can easily obtain, allows individuals to voluntarily declare their movements, at a crucial moment in the fight against the epidemic, which would ordinarily demand stricter measures, like lockdowns and travel bans. The alternative is not only draconian, but ineffective. For example, currently, a British national who has travelled to Italy (and is therefore at risk of infection) may be allowed to enter Singapore, while an Italian national who has resided in the United Kingdom for years (and is thus a low risk case) would be denied entry. Furthermore, someone who travelled to Italy 10 days ago, but has been in the UK since would be required to quarantine for another 14 days upon arriving in a third country. A smart 'passport' would accurately identify material risk in both of these cases, and alleviate the traveler who had been in Italy 10 days ago of the additional and unnecessary 14 day burden, shortening the required isolation period to 4 days. As has been demonstrated domestically, Chinese citizens are more than willing to declare, in the form of a 'health code', their travel history in return for freedom of movement and convenience. If governments and telecommunications providers around the globe worked together to make this data available to citizens, travelers could voluntarily offer proof of their movements in exchange for privileges that may otherwise be restricted as a precautionary measure. With sufficient technological support, restrictions could be tightened and eased in real-time, avoiding unnecessary barriers to economic activity while effectively containing the outbreak. Telecommunications providers possess the data to deduce our movements, and make this possible. While this data should be used sparingly and with consent, many citizens would be willing to make such a declaration, in the same way some countries require itineraries and return tickets for entry. For example, Singapore Telecom could develop a mobile app to allow its users to voluntarily and conveniently declare their recent travel history when entering a destination country. When the alternative is prolonged blanket restrictions on travel and the real risk of economic recession, offering citizens the option to declare their movements in exchange for freedom of movement could be an effective way to balance control of the outbreak with the pressing need to resume normal economic and social activity. At this stage in the global fight against the epidemic, it is critical to minimize the negative impact on the economy. A smart app that helps precisely identify high-risk persons could have an important role. SOURCE Trip.com Group Ltd.
edtsum116
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: GREENEVILLE, Tenn., July 16, 2020 /PRNewswire/ -- TEVET, a premium test and measurement supplier, today announced the company received the Honeywell KCNSC Small Business HUBZone Award. After years of exceptional service including OEM agreements, PO consolidation, marketplace customization, and on-time delivery, TEVET has helped keep Honeywell missions a success. TEVET maintains a commitment to service within HUBZone communities, and as a result, was recognized as a small business and HUBZone leader amongst Honeywell's numerous suppliers with the Kansas City National Security Campus Small Business HUBZone Award. "The support Honeywell KCNSC has demonstrated over the years by working with TEVET speaks volumes to their commitment of meeting small business goals and using DOE SCMC contracts for streamlined procurement transactions," said TEVET Account Manager, Evie Webster. "The Honeywell NSC Procurement and Small Business Diversity teams have processes and communication tools in place that allow us to work together and supply successful components for mission-critical systems." Commitment to Customers and Community With TEVET, customers like Honeywell can join in and invest in HUBZone businesses while also protecting their technology investment by selecting an acquisition partner with the foundation, processes, and certifications in place to meet current and future requirements. "It's an honor to be recognized for our commitments and service to our customers, and community," said Tracy Solomon, CEO of TEVET. "Our success has and will always continue to be our community's success." TEVET makes business easy for customers, using sophisticated processes and systems not typical for small businesses, including: Established partnerships with leading technology companies, including OEMs and worldwide distributors ERP integration with Oracle and other cloud-based platforms within the TEVET Marketplace For more information, contact TEVET or visit tevetllc.com/about-tevet/. About TEVET Selecting and acquiring the right technology to meet specific challenges requires a partner that can add value at every step. TEVETbrings more than 15 years of experience to the acquisition of technical products, systems, and instrumentation - with support from identification to sustainment. With competencies in quality, technology, and personnel, TEVET provides best-in-class acquisition strategies, so customers, suppliers, and partners are successful. TEVET strives to execute at the highest levels, providing service to Country, Customer, and Community. For more information on TEVET, visit www.tevetllc.com. CONTACT: Morgan Norris, [emailprotected] SOURCE TEVET Related Links https://tevetllc.com Answer:
TEVET Awarded Honeywell KCNSC Small Business HUBZone Award for Making Technology Acquisition Easier and Supporting the US Economy Test and measurement supplier helps mission-critical businesses acquire effective solutions, maximize capital investment, and support the community
GREENEVILLE, Tenn., July 16, 2020 /PRNewswire/ -- TEVET, a premium test and measurement supplier, today announced the company received the Honeywell KCNSC Small Business HUBZone Award. After years of exceptional service including OEM agreements, PO consolidation, marketplace customization, and on-time delivery, TEVET has helped keep Honeywell missions a success. TEVET maintains a commitment to service within HUBZone communities, and as a result, was recognized as a small business and HUBZone leader amongst Honeywell's numerous suppliers with the Kansas City National Security Campus Small Business HUBZone Award. "The support Honeywell KCNSC has demonstrated over the years by working with TEVET speaks volumes to their commitment of meeting small business goals and using DOE SCMC contracts for streamlined procurement transactions," said TEVET Account Manager, Evie Webster. "The Honeywell NSC Procurement and Small Business Diversity teams have processes and communication tools in place that allow us to work together and supply successful components for mission-critical systems." Commitment to Customers and Community With TEVET, customers like Honeywell can join in and invest in HUBZone businesses while also protecting their technology investment by selecting an acquisition partner with the foundation, processes, and certifications in place to meet current and future requirements. "It's an honor to be recognized for our commitments and service to our customers, and community," said Tracy Solomon, CEO of TEVET. "Our success has and will always continue to be our community's success." TEVET makes business easy for customers, using sophisticated processes and systems not typical for small businesses, including: Established partnerships with leading technology companies, including OEMs and worldwide distributors ERP integration with Oracle and other cloud-based platforms within the TEVET Marketplace For more information, contact TEVET or visit tevetllc.com/about-tevet/. About TEVET Selecting and acquiring the right technology to meet specific challenges requires a partner that can add value at every step. TEVETbrings more than 15 years of experience to the acquisition of technical products, systems, and instrumentation - with support from identification to sustainment. With competencies in quality, technology, and personnel, TEVET provides best-in-class acquisition strategies, so customers, suppliers, and partners are successful. TEVET strives to execute at the highest levels, providing service to Country, Customer, and Community. For more information on TEVET, visit www.tevetllc.com. CONTACT: Morgan Norris, [emailprotected] SOURCE TEVET Related Links https://tevetllc.com
edtsum117
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LOS ANGELES, Jan. 21, 2021 /PRNewswire/ --FlowerHire, the leading staffing and talent strategy firm serving the regulated cannabis industry, announced today the launch of its new platform, CareersinCannabis.com. The specialized career portal equips both companies and job candidates with the tools and insights necessary to build a robust, quality workforce. The service officially launches at the inaugural Careers in Cannabis virtual talent conference on January 28. The AI-powered software behind CareersinCannabis.com is enginX - created by engin sciences, inc.. The platform blends psychographic data with FlowerHire's cannabis and HR expertise to create quantified PowerProfiles, a fusion of hard and soft skills overlayed with relevant personality traits. The PowerProfile helps candidates find a match with the best open roles. The system gamifies the job application process, allowing HR managers to quickly evaluate applicants, engage with viable candidates, and route people to the jobs to which they are best suited. "While cannabis is one of the fastest growing industries in the country, there's a scalability issue that has yet to be addressed," said David Belsky, CEO of FlowerHire. "As with any industry, cannabis is, at its core, only as strong as its operational infrastructure. Over the next 10 years, we anticipate more than one million jobs created within the cannabis ecosystem, and CareersinCannabis.com will effectively address the challenge of acquisition, retention and development of talent across all levels within the industry." Many of FlowerHire's clients, which include some of the most recognized companies in the industry, found success when it came to using a staffing and talent firm to fill C-level and senior salaried positions within their teams; however, there was still a disconnect when it came time to staff the hundreds of thousands of hourly and frontline employees. CareersinCannabis.com addresses these issues head-on, unlocking the potential of the cannabis workforce and reducing turnover within the industry. "We're incredibly proud to power a much needed and transformative platform key to the fundamental growth of the legal cannabis industry," said Sloane Barbour, Founder and CEO at engin sciences. "Our vision to help hourly and frontline workers fits perfectly with the cannabis industry's needs today and, as the country reopens, our software will help millions of Americans get back to work and take control of their career." The website launches in conjunction with the Careers in Cannabis Virtual Talent Conference, focusing on the opportunities and challenges faced by executives and HR leaders in the fastest growing industry in the country. Hosted by Jacobi Holland and Lulu Tsui of REVEL, the event features more than 200 companies, 50+ speakers, and musical guests DJ Babu & Rakaa of Dilated Peoples. To learn more about Careers in Cannabis and register for the free event, click here. About FlowerHireFlowerHire is on a mission to build a conscious cannabis community, one hire at a time. Founded in 2017, we are a team of experienced talent and recruiting professionals and dedicated to helping companies build, scale, and retain world class teams. We partner with cannabis and hemp companies at any stage of their growth to provide high-touch services including contingency placement, retained and embedded search, and strategic talent advisory. We have also brought to market our software and AI-driven platform, FlowerHireX, to solve the talent puzzle for companies looking to hire and retain frontline workers - and to empower individuals to own their career in cannabis. Since our inception, we have helped hundreds of cannabis companies build and optimize their talent chain, and have helped countless candidates understand this unique and exciting industry and find a job that fits. FlowerHire is Talent in Cannabis About engin sciences, incFor the past decade, Sloane Barbour and Dr. Valerie Fraysse, PhD drove the evolution of AI-assisted hiring and workplace satisfaction as VP of Sales at Hired.com, and as co-founder and CTO of Good&Co (good.co). The engin virtual talent management system allows HR managers to gamify the job application process on any site, quickly evaluates applicants, engages with viable candidates, and routes people to the jobs to which they're best suited. Media Contact:North 6th Agency for FlowerHire[emailprotected]212-334-9753, ext. 147 SOURCE FlowerHire Related Links https://flowerhire.com Answer:
FlowerHire Presents the CareersinCannabis.com Virtual Talent Conference on January 28th New HR Tech platform, powered by engin sciences, inc., blends qualitative insights with automated tech to connect businesses with all levels of industry talent
LOS ANGELES, Jan. 21, 2021 /PRNewswire/ --FlowerHire, the leading staffing and talent strategy firm serving the regulated cannabis industry, announced today the launch of its new platform, CareersinCannabis.com. The specialized career portal equips both companies and job candidates with the tools and insights necessary to build a robust, quality workforce. The service officially launches at the inaugural Careers in Cannabis virtual talent conference on January 28. The AI-powered software behind CareersinCannabis.com is enginX - created by engin sciences, inc.. The platform blends psychographic data with FlowerHire's cannabis and HR expertise to create quantified PowerProfiles, a fusion of hard and soft skills overlayed with relevant personality traits. The PowerProfile helps candidates find a match with the best open roles. The system gamifies the job application process, allowing HR managers to quickly evaluate applicants, engage with viable candidates, and route people to the jobs to which they are best suited. "While cannabis is one of the fastest growing industries in the country, there's a scalability issue that has yet to be addressed," said David Belsky, CEO of FlowerHire. "As with any industry, cannabis is, at its core, only as strong as its operational infrastructure. Over the next 10 years, we anticipate more than one million jobs created within the cannabis ecosystem, and CareersinCannabis.com will effectively address the challenge of acquisition, retention and development of talent across all levels within the industry." Many of FlowerHire's clients, which include some of the most recognized companies in the industry, found success when it came to using a staffing and talent firm to fill C-level and senior salaried positions within their teams; however, there was still a disconnect when it came time to staff the hundreds of thousands of hourly and frontline employees. CareersinCannabis.com addresses these issues head-on, unlocking the potential of the cannabis workforce and reducing turnover within the industry. "We're incredibly proud to power a much needed and transformative platform key to the fundamental growth of the legal cannabis industry," said Sloane Barbour, Founder and CEO at engin sciences. "Our vision to help hourly and frontline workers fits perfectly with the cannabis industry's needs today and, as the country reopens, our software will help millions of Americans get back to work and take control of their career." The website launches in conjunction with the Careers in Cannabis Virtual Talent Conference, focusing on the opportunities and challenges faced by executives and HR leaders in the fastest growing industry in the country. Hosted by Jacobi Holland and Lulu Tsui of REVEL, the event features more than 200 companies, 50+ speakers, and musical guests DJ Babu & Rakaa of Dilated Peoples. To learn more about Careers in Cannabis and register for the free event, click here. About FlowerHireFlowerHire is on a mission to build a conscious cannabis community, one hire at a time. Founded in 2017, we are a team of experienced talent and recruiting professionals and dedicated to helping companies build, scale, and retain world class teams. We partner with cannabis and hemp companies at any stage of their growth to provide high-touch services including contingency placement, retained and embedded search, and strategic talent advisory. We have also brought to market our software and AI-driven platform, FlowerHireX, to solve the talent puzzle for companies looking to hire and retain frontline workers - and to empower individuals to own their career in cannabis. Since our inception, we have helped hundreds of cannabis companies build and optimize their talent chain, and have helped countless candidates understand this unique and exciting industry and find a job that fits. FlowerHire is Talent in Cannabis About engin sciences, incFor the past decade, Sloane Barbour and Dr. Valerie Fraysse, PhD drove the evolution of AI-assisted hiring and workplace satisfaction as VP of Sales at Hired.com, and as co-founder and CTO of Good&Co (good.co). The engin virtual talent management system allows HR managers to gamify the job application process on any site, quickly evaluates applicants, engages with viable candidates, and routes people to the jobs to which they're best suited. Media Contact:North 6th Agency for FlowerHire[emailprotected]212-334-9753, ext. 147 SOURCE FlowerHire Related Links https://flowerhire.com
edtsum118
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: BANGALORE, India, Dec. 28, 2020 /PRNewswire/ -- Simpl, a Bengaluru-based startup has won the prestigious Fintech Startup of the Year title at the Indian Fintech Awards 2020. The company empowers any merchant to build trusted relationships with their customers with every digital transaction. Nitya Sharma, Co-founder and CEO of Simpl The Indian Fintech Award is a part of the India Fintech Forum that acknowledges Fintech Entrepreneurs/Businesses/Leaders every year for demonstrating significant success in the launch of innovative products and services, redefining business categories, usage of disruptive technologies, thought-leadership, and for their impact on the overall fintech ecosystem. With over 2500+ category-leading online merchants like Zomato, Bigbasket, Dunzo, etc., in its merchant network, Simpl is building the future of credit-based payments for the mobile-first consumer in India - fully digital, frictionless, transparent, inclusive and personalized. Taking inspiration from the age-old tradition of a khaata or tab (book of accounts) used by merchants to serve their regular customers, Simpl is scaling this concept for digital commerce. Simpl enables merchants to give their consumers a safe and seamless 1-click checkout experience while consumers can aggregate their transactions with Simpl's Buy Now Pay Later line of credit, get strong buyer protection and instant chargebacks. By powering this best-in class mobile-first buying experience, Simpl helps merchants increase cart conversion, basket size and order frequency along with driving loyalty & retention of their customers. Speaking on the win, Nityanand Sharma, Co-Founder & CEO - Simpl, said, "Our team is ecstatic at this honour. We are both happy and proud of this win, as an acknowledgement of the hard work we have put into building a product that completely transforms the payment experience, both for merchants and consumers. Today, Simpl is the world's largest pay later platform for small payments done frequently. We are at an inflexion point in our journey to bringing Buy Now Pay Later as a mainstream category of payments. This award is a recognition of all the efforts our team has put into creating a new category of payments and a breakthrough consumer experience."About Simpl:Simpl is an Indian startup founded in 2015 and is the world's largest Pay-Later platform for small payments done frequently. To know more visit our Blog or connect with us on LinkedIn.Media contact:Supriya Namrata[emailprotected] SOURCE Simpl Answer:
Simpl bags Fintech Startup of the Year title at India Fintech Awards 2020 USA - English USA - English Espaa - espaol France - Franais Latin America - espaol - Simpl has been recognised for its groundbreaking innovations towards reimagining the payment experience, both for merchants and consumers using human-centric design and machine intelligence
BANGALORE, India, Dec. 28, 2020 /PRNewswire/ -- Simpl, a Bengaluru-based startup has won the prestigious Fintech Startup of the Year title at the Indian Fintech Awards 2020. The company empowers any merchant to build trusted relationships with their customers with every digital transaction. Nitya Sharma, Co-founder and CEO of Simpl The Indian Fintech Award is a part of the India Fintech Forum that acknowledges Fintech Entrepreneurs/Businesses/Leaders every year for demonstrating significant success in the launch of innovative products and services, redefining business categories, usage of disruptive technologies, thought-leadership, and for their impact on the overall fintech ecosystem. With over 2500+ category-leading online merchants like Zomato, Bigbasket, Dunzo, etc., in its merchant network, Simpl is building the future of credit-based payments for the mobile-first consumer in India - fully digital, frictionless, transparent, inclusive and personalized. Taking inspiration from the age-old tradition of a khaata or tab (book of accounts) used by merchants to serve their regular customers, Simpl is scaling this concept for digital commerce. Simpl enables merchants to give their consumers a safe and seamless 1-click checkout experience while consumers can aggregate their transactions with Simpl's Buy Now Pay Later line of credit, get strong buyer protection and instant chargebacks. By powering this best-in class mobile-first buying experience, Simpl helps merchants increase cart conversion, basket size and order frequency along with driving loyalty & retention of their customers. Speaking on the win, Nityanand Sharma, Co-Founder & CEO - Simpl, said, "Our team is ecstatic at this honour. We are both happy and proud of this win, as an acknowledgement of the hard work we have put into building a product that completely transforms the payment experience, both for merchants and consumers. Today, Simpl is the world's largest pay later platform for small payments done frequently. We are at an inflexion point in our journey to bringing Buy Now Pay Later as a mainstream category of payments. This award is a recognition of all the efforts our team has put into creating a new category of payments and a breakthrough consumer experience."About Simpl:Simpl is an Indian startup founded in 2015 and is the world's largest Pay-Later platform for small payments done frequently. To know more visit our Blog or connect with us on LinkedIn.Media contact:Supriya Namrata[emailprotected] SOURCE Simpl
edtsum119
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: VALENCIA, Spain, June 1, 2020 /PRNewswire/ --Zeleros Hyperloop has completed a financing round worth more than 7 million. The company starts a new and important phase in the development of its unique version of hyperloop, the "fifth mode of transport," the best alternative for the future to connect efficiently and sustainably long-distance routes for passenger and cargo transportation. Connections like Paris Berlin could be reduced to less than an hour. Zeleros opens this new stage thanks to the support of companies such as Altran, Grupo Red Elctrica and also strategic investors at national and international level, including among others Goldacre Ventures (United Kingdom), Road Ventures (Switzerland), Plug and Play (USA), and the Spanish Angels Capital and MBHA. The funds will be used to impulse further development of Zeleros' hyperloop vehicle and its core technologies, which place them as the best alternative to cover efficiently routes between 400 and 1,500 kilometers in distance, with special benefits such as the reduction of the overall infrastructure costs and the operation at safer pressures for passengers. Commenting on the announcement, David Pistoni, Chief Executive Officer at Zeleros, said: "For Zeleros it is key to have partners of this relevance and expertise onboard. Their support will accelerate the development of our technologies, unlocking the path towards hyperloop-based routes and corridors in Europe and worldwide.These new funds will boost a major milestone of developing and demonstrating our technologies in a real environment of operation, bringing Zeleros closer to a multibillion market opportunity to be captured in the next decades." Pilar Rodrguez, Strategy, Innovation and R&D Director at Altran, participating as lead investor, said: "As a world-leading engineering company, Altran acts as a technological catalyst in various strategic sectors. By supporting Zeleros,we areaccelerating disruptive innovation in a sector, such as mobility, that is reinventing itself. With technologies like hyperloop we are changing the future of mobility. Altran has been collaborating with Zeleros since 2017 and will now contribute all of its experience and multidisciplinary talent to help the company accelerate the development of hyperloop technology." Miguel Ruiz Dealbert, CEO at MBHA Group, highlighted: "Our companies are committedto supporting technologies and start-ups that accelerate the transition towards a more sustainable mobility. Zeleros has a great potential to decarbonize intercity mobility sector, currently covered mainly by regional aviation. Our company ZIUR Composite Solutions will bring its wide experience in the development of complex structures of composite materials and process automation, supporting Zeleros to reduce the time of implementation and commercialization of their technologies." The following step will be the deployment of the European Hyperloop Development Centre in Spain, including a 3-km test-track to demonstrate the effectiveness of its technologies at high speed. The aim of this project is to accelerate the development of the hyperloop industry in Europe, by creating an ecosystem of international industrial, technological and institutional partners."Hyperloop is a great development that requires the participation of first-class players," says David Pistoni. Contact: Juan Vicen [emailprotected] +34-676-777-578 SOURCE Zeleros by Bracken Related Links https://zeleros.com Answer:
Spain's Zeleros Raises 7M in Financing to Lead the Development of Hyperloop in Europe English Franais Deutsch
VALENCIA, Spain, June 1, 2020 /PRNewswire/ --Zeleros Hyperloop has completed a financing round worth more than 7 million. The company starts a new and important phase in the development of its unique version of hyperloop, the "fifth mode of transport," the best alternative for the future to connect efficiently and sustainably long-distance routes for passenger and cargo transportation. Connections like Paris Berlin could be reduced to less than an hour. Zeleros opens this new stage thanks to the support of companies such as Altran, Grupo Red Elctrica and also strategic investors at national and international level, including among others Goldacre Ventures (United Kingdom), Road Ventures (Switzerland), Plug and Play (USA), and the Spanish Angels Capital and MBHA. The funds will be used to impulse further development of Zeleros' hyperloop vehicle and its core technologies, which place them as the best alternative to cover efficiently routes between 400 and 1,500 kilometers in distance, with special benefits such as the reduction of the overall infrastructure costs and the operation at safer pressures for passengers. Commenting on the announcement, David Pistoni, Chief Executive Officer at Zeleros, said: "For Zeleros it is key to have partners of this relevance and expertise onboard. Their support will accelerate the development of our technologies, unlocking the path towards hyperloop-based routes and corridors in Europe and worldwide.These new funds will boost a major milestone of developing and demonstrating our technologies in a real environment of operation, bringing Zeleros closer to a multibillion market opportunity to be captured in the next decades." Pilar Rodrguez, Strategy, Innovation and R&D Director at Altran, participating as lead investor, said: "As a world-leading engineering company, Altran acts as a technological catalyst in various strategic sectors. By supporting Zeleros,we areaccelerating disruptive innovation in a sector, such as mobility, that is reinventing itself. With technologies like hyperloop we are changing the future of mobility. Altran has been collaborating with Zeleros since 2017 and will now contribute all of its experience and multidisciplinary talent to help the company accelerate the development of hyperloop technology." Miguel Ruiz Dealbert, CEO at MBHA Group, highlighted: "Our companies are committedto supporting technologies and start-ups that accelerate the transition towards a more sustainable mobility. Zeleros has a great potential to decarbonize intercity mobility sector, currently covered mainly by regional aviation. Our company ZIUR Composite Solutions will bring its wide experience in the development of complex structures of composite materials and process automation, supporting Zeleros to reduce the time of implementation and commercialization of their technologies." The following step will be the deployment of the European Hyperloop Development Centre in Spain, including a 3-km test-track to demonstrate the effectiveness of its technologies at high speed. The aim of this project is to accelerate the development of the hyperloop industry in Europe, by creating an ecosystem of international industrial, technological and institutional partners."Hyperloop is a great development that requires the participation of first-class players," says David Pistoni. Contact: Juan Vicen [emailprotected] +34-676-777-578 SOURCE Zeleros by Bracken Related Links https://zeleros.com
edtsum120
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN--(BUSINESS WIRE)--The "Moving Services Market in US 2020-2024" report has been added to ResearchAndMarkets.com's offering. The moving services market in the US is poised to grow by $ 1.95 bn during 2020-2024, progressing at a CAGR of 2% during the forecast period. The report on the moving services market in the US provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current US market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth in real estate agency, a rise in overseas employment and emigration, and an increase in corporate relocation. This study identifies the implementation of CRM and engagement analytics in moving industries as one of the prime reasons driving the moving services market in the US growth during the next few years. Also, an increase in short-term assignments and niche service offerings by moving companies will lead to sizable demand in the market. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading moving services market in the US vendors that include AGS Worldwide Movers, ArcBest Corp., Armstrong Relocation and Companies, Arpin Van Lines, Atlas World Group Inc., Beltmann Relocation Group, Coleman World Group, UniGroup CA , U-Pack, and Wheaton World Wide Moving. Also, the moving services market in the US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth. Key Topics Covered: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by End-user Market Segmentation by Type Customer Landscape Vendor Landscape Vendor Analysis Appendix For more information about this report visit https://www.researchandmarkets.com/r/u49idz Answer:
United States Moving Services Market Report 2020-2024: Implementation of CRM and Engagement Analytics in Moving Industries Driving Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Moving Services Market in US 2020-2024" report has been added to ResearchAndMarkets.com's offering. The moving services market in the US is poised to grow by $ 1.95 bn during 2020-2024, progressing at a CAGR of 2% during the forecast period. The report on the moving services market in the US provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current US market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth in real estate agency, a rise in overseas employment and emigration, and an increase in corporate relocation. This study identifies the implementation of CRM and engagement analytics in moving industries as one of the prime reasons driving the moving services market in the US growth during the next few years. Also, an increase in short-term assignments and niche service offerings by moving companies will lead to sizable demand in the market. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading moving services market in the US vendors that include AGS Worldwide Movers, ArcBest Corp., Armstrong Relocation and Companies, Arpin Van Lines, Atlas World Group Inc., Beltmann Relocation Group, Coleman World Group, UniGroup CA , U-Pack, and Wheaton World Wide Moving. Also, the moving services market in the US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth. Key Topics Covered: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by End-user Market Segmentation by Type Customer Landscape Vendor Landscape Vendor Analysis Appendix For more information about this report visit https://www.researchandmarkets.com/r/u49idz
edtsum121
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: OYSTER BAY, N.Y., June 9, 2020 /PRNewswire/ --In the wake of COVID-19, cloud-based Artificial Intelligence (AI) will play a critical role in the transformation of three key industries warehousing and logistics, conversational AI, and healthcare & pharmaceuticals, states ABI Research, a global tech market Advisory firm In its new whitepaper, Cloud-Based AI In A Post-COVID-19 World, ABI Research reveals how COVID-19 is driving demand for fully scalable, flexible, and secure cloud services, and explores how Cloud AI will fundamentally impact these three domains. "Warehousing and logistics have been particularly hard hit in recent months," says Lian Jye Su, Principal Analyst at ABI Research. "Before the outbreak, the continued growth of the e-commerce market and increasing customer expectations already placed enormous pressures on warehouses to execute more rapid and flexible deliveries. COVID-19 has caused further disruption." Logistics companies need to evaluate options and model changes across modes of transportation, considering interruptions, delays, and significant price increases. This is driving investment in warehouse facilities, automation technologies, and Warehouse Management Systems (WMSs) to coordinate and optimize operations. Integrating key systems, such WMSs, Enterprise Resource Planning (ERP), and Transportation Management Systems (TMSs), along with predictive analytics and scenario modeling, becomes more pressing and vital. As the margin for error in the warehouse decreases, AI-enabled supply chain solutions are becoming imperative for warehouses that rely on speed, efficiency, and intelligence to remain competitive. "Cloud AI is also accelerating Conversational AI. Voice has already made significant inroads into the smart home space and certain enterprise domains," says Su. A global emphasis on working from home, combined with advice to minimize COVID-19 transmission from shared surfaces will help cement the benefits of smart home voice control for millions of consumers and enterprises. Conversational AI platforms allow enterprises to activate, manage, and train AI to resolve tickets, address questions regarding availability and pricing, and aid with complex issues. This is set to benefit both cloud AI vendors, such as Amazon, Alibaba, Baidu, Google, Microsoft, and Xiaomi, which offer voice control frontends, as well as chipset vendors whose chipsets support the training and inference of cloud-based natural language processing workloads and voice activation and recognition in voice control devices. AI is also playing a key role in the public healthcare response to the pandemic. "All major AI companies have developed AI tools to help detect the virus, diagnose its evolution, track its geographical footprint to project its future, and even predict its potential protein structure to find a vaccine," explains Su. "Most importantly, AI will be adopted in the field of bioinformatics." To get ahead of the ever-evolving virus and to save as many lives as possible, new drug discovery, development, and testing processes need to be set up. Tools from established companies like Google DeepMind, startups like Graphen, and AI chipsets from vendors like NVIDIA and Intel will help accelerate the speed of drug discovery, development, and testing, allowing pharmaceutical companies and healthcare authorities to combat the pandemic. "In the short term, cloud AI enables better remote visibility and maintenance, as well as less travel to facilities; midterm, it promotes data-driven decision-making; long-term, it is the cornerstone for many emerging key technologies and strong business fundamentals," Su concludes. To learn more about Cloud-Based AI In A Post-COVID-19 World, download the whitepaper. About ABI Research ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. ABI Research1990 For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visitwww.abiresearch.com. Contact Info: GlobalDeborah PetraraTel: +1.516.624.2558[emailprotected] SOURCE ABI Research Related Links http://www.abiresearch.com Answer:
COVID-19 Pandemic Spurs Strong Demand for Cloud AI in Warehousing, Healthcare and Conversational AI ABI Research whitepaper explores the critical importance, key benefits, and market opportunities of cloud-based Artificial Intelligence
OYSTER BAY, N.Y., June 9, 2020 /PRNewswire/ --In the wake of COVID-19, cloud-based Artificial Intelligence (AI) will play a critical role in the transformation of three key industries warehousing and logistics, conversational AI, and healthcare & pharmaceuticals, states ABI Research, a global tech market Advisory firm In its new whitepaper, Cloud-Based AI In A Post-COVID-19 World, ABI Research reveals how COVID-19 is driving demand for fully scalable, flexible, and secure cloud services, and explores how Cloud AI will fundamentally impact these three domains. "Warehousing and logistics have been particularly hard hit in recent months," says Lian Jye Su, Principal Analyst at ABI Research. "Before the outbreak, the continued growth of the e-commerce market and increasing customer expectations already placed enormous pressures on warehouses to execute more rapid and flexible deliveries. COVID-19 has caused further disruption." Logistics companies need to evaluate options and model changes across modes of transportation, considering interruptions, delays, and significant price increases. This is driving investment in warehouse facilities, automation technologies, and Warehouse Management Systems (WMSs) to coordinate and optimize operations. Integrating key systems, such WMSs, Enterprise Resource Planning (ERP), and Transportation Management Systems (TMSs), along with predictive analytics and scenario modeling, becomes more pressing and vital. As the margin for error in the warehouse decreases, AI-enabled supply chain solutions are becoming imperative for warehouses that rely on speed, efficiency, and intelligence to remain competitive. "Cloud AI is also accelerating Conversational AI. Voice has already made significant inroads into the smart home space and certain enterprise domains," says Su. A global emphasis on working from home, combined with advice to minimize COVID-19 transmission from shared surfaces will help cement the benefits of smart home voice control for millions of consumers and enterprises. Conversational AI platforms allow enterprises to activate, manage, and train AI to resolve tickets, address questions regarding availability and pricing, and aid with complex issues. This is set to benefit both cloud AI vendors, such as Amazon, Alibaba, Baidu, Google, Microsoft, and Xiaomi, which offer voice control frontends, as well as chipset vendors whose chipsets support the training and inference of cloud-based natural language processing workloads and voice activation and recognition in voice control devices. AI is also playing a key role in the public healthcare response to the pandemic. "All major AI companies have developed AI tools to help detect the virus, diagnose its evolution, track its geographical footprint to project its future, and even predict its potential protein structure to find a vaccine," explains Su. "Most importantly, AI will be adopted in the field of bioinformatics." To get ahead of the ever-evolving virus and to save as many lives as possible, new drug discovery, development, and testing processes need to be set up. Tools from established companies like Google DeepMind, startups like Graphen, and AI chipsets from vendors like NVIDIA and Intel will help accelerate the speed of drug discovery, development, and testing, allowing pharmaceutical companies and healthcare authorities to combat the pandemic. "In the short term, cloud AI enables better remote visibility and maintenance, as well as less travel to facilities; midterm, it promotes data-driven decision-making; long-term, it is the cornerstone for many emerging key technologies and strong business fundamentals," Su concludes. To learn more about Cloud-Based AI In A Post-COVID-19 World, download the whitepaper. About ABI Research ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. ABI Research1990 For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visitwww.abiresearch.com. Contact Info: GlobalDeborah PetraraTel: +1.516.624.2558[emailprotected] SOURCE ABI Research Related Links http://www.abiresearch.com
edtsum122
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SANTA BARBARA, Calif., Nov. 12, 2020 /PRNewswire/ -- Green Hills Software, the worldwide leader in high-assurance operating systems, today announced that its INTEGRITY-178 Time-Variant Unified Multi-Processing (tuMP) RTOS was selected by the U.S. Army for the operating system upgrade to the Improved Data Modem (IDM-401) program. The originally fielded IDM software functioned on a single core of its multicore CPU. This limited overall system throughput and led the IDM program to find a DO-178C DAL A compliant solution that provided optimal core utilization and greater processing power from the existing IDM multicore CPU. The primary factor in the selection of INTEGRITY-178 tuMP was the low-risk path for the delivery of its DAL A certification artifacts on a multicore architecture for the IDM processor. Other key factors included the built-in multicore interference mitigation and the ability to utilize all available cores in an efficient, optimal and bounded manner. (PRNewsfoto/Green Hills Software) The IDM-401 is the common solution for digitizing Army Aviation and is fielded on every modernized, rotary-wing Army aircraft, including the CH-47 Chinook, AH-64 Apache, and UH-60 Black Hawk. The IDM enables connectivity to multiple radios used by rotary-wing aircraft and the Blue Force Tracker transceiver, as well as providing the means for rapid data transfer. The program supports Open Systems Architecture (OSA), Future Airborne Capability Environment (FACE), and Common Operating Environment (COE) standards and interoperability. Multicore interference is one of the biggest challenges facing avionics system integrators today. All multicore processors include some shared resources, such as memory and I/O, and interference results when access to a shared resource is blocked due to it being in use by a different processor core. This issue is of such concern that the Certification Authority Software Team (CAST) has published a position paper called CAST-32A dedicated solely to providing guidance for interference identification, mitigation, and verification in multicore systems. The INTEGRITY-178 tuMP multicore RTOS addresses the interference challenges discussed in CAST-32A with its Bandwidth Allocation and Monitoring (BAM) capability. BAM was developed to DO-178C DAL A objectives and will mitigate the interference risks for the IDM. The INTEGRITY-178 tuMP BAM monitors and enforces the bandwidth allocation of the chip-level interconnect to each of the cores, thereby guaranteeing a particular allocation of shared resources. The supported bandwidth management technique emulates a high-rate hardware-based approach to ensure continuous allocation enforcement. This capability greatly lowers integration and certification risk while also enabling the integrator to manage significant software retest costs that would occur when a software application changes or is added.About Green Hills SoftwareFounded in 1982, Green Hills Software is the worldwide leader in embedded safety and security. In 2008, the Green Hills INTEGRITY-178 RTOS was the first and only operating system to be certified by NIAP (National Information Assurance Partnership comprised of NSA & NIST) to EAL 6+, High Robustness, the highest level of security ever achieved for any software product. Our open architecture, integrated development solutions address deeply embedded, safety/security and high-reliability applications for the military/avionics, medical, industrial, automotive, networking, consumer and other markets that demand industry-certified solutions. Green Hills Software is headquartered in Santa Barbara, CA, with European headquarters in the United Kingdom. Visit Green Hills Software at www.ghs.com.Green Hills, the Green Hills logo, INTEGRITY and tuMP are trademarks or registered trademarks of Green Hills Software, in the U.S. and/or internationally. All other trademarks are the property of their respective owners.SOURCE Green Hills Software Related Links http://www.ghs.com Answer:
U.S. Army Depends on INTEGRITY-178 tuMP RTOS for Improved Data Modem Green Hills Software Delivers Proven Multicore Architecture for Safety Certification
SANTA BARBARA, Calif., Nov. 12, 2020 /PRNewswire/ -- Green Hills Software, the worldwide leader in high-assurance operating systems, today announced that its INTEGRITY-178 Time-Variant Unified Multi-Processing (tuMP) RTOS was selected by the U.S. Army for the operating system upgrade to the Improved Data Modem (IDM-401) program. The originally fielded IDM software functioned on a single core of its multicore CPU. This limited overall system throughput and led the IDM program to find a DO-178C DAL A compliant solution that provided optimal core utilization and greater processing power from the existing IDM multicore CPU. The primary factor in the selection of INTEGRITY-178 tuMP was the low-risk path for the delivery of its DAL A certification artifacts on a multicore architecture for the IDM processor. Other key factors included the built-in multicore interference mitigation and the ability to utilize all available cores in an efficient, optimal and bounded manner. (PRNewsfoto/Green Hills Software) The IDM-401 is the common solution for digitizing Army Aviation and is fielded on every modernized, rotary-wing Army aircraft, including the CH-47 Chinook, AH-64 Apache, and UH-60 Black Hawk. The IDM enables connectivity to multiple radios used by rotary-wing aircraft and the Blue Force Tracker transceiver, as well as providing the means for rapid data transfer. The program supports Open Systems Architecture (OSA), Future Airborne Capability Environment (FACE), and Common Operating Environment (COE) standards and interoperability. Multicore interference is one of the biggest challenges facing avionics system integrators today. All multicore processors include some shared resources, such as memory and I/O, and interference results when access to a shared resource is blocked due to it being in use by a different processor core. This issue is of such concern that the Certification Authority Software Team (CAST) has published a position paper called CAST-32A dedicated solely to providing guidance for interference identification, mitigation, and verification in multicore systems. The INTEGRITY-178 tuMP multicore RTOS addresses the interference challenges discussed in CAST-32A with its Bandwidth Allocation and Monitoring (BAM) capability. BAM was developed to DO-178C DAL A objectives and will mitigate the interference risks for the IDM. The INTEGRITY-178 tuMP BAM monitors and enforces the bandwidth allocation of the chip-level interconnect to each of the cores, thereby guaranteeing a particular allocation of shared resources. The supported bandwidth management technique emulates a high-rate hardware-based approach to ensure continuous allocation enforcement. This capability greatly lowers integration and certification risk while also enabling the integrator to manage significant software retest costs that would occur when a software application changes or is added.About Green Hills SoftwareFounded in 1982, Green Hills Software is the worldwide leader in embedded safety and security. In 2008, the Green Hills INTEGRITY-178 RTOS was the first and only operating system to be certified by NIAP (National Information Assurance Partnership comprised of NSA & NIST) to EAL 6+, High Robustness, the highest level of security ever achieved for any software product. Our open architecture, integrated development solutions address deeply embedded, safety/security and high-reliability applications for the military/avionics, medical, industrial, automotive, networking, consumer and other markets that demand industry-certified solutions. Green Hills Software is headquartered in Santa Barbara, CA, with European headquarters in the United Kingdom. Visit Green Hills Software at www.ghs.com.Green Hills, the Green Hills logo, INTEGRITY and tuMP are trademarks or registered trademarks of Green Hills Software, in the U.S. and/or internationally. All other trademarks are the property of their respective owners.SOURCE Green Hills Software Related Links http://www.ghs.com
edtsum123
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DEDHAM, Mass.--(BUSINESS WIRE)--Reflexis Systems (now part of Zebra Technologies), a leading provider of AI-powered workforce management and real-time execution solutions for multi-site businesses in retail, food service, hospitality and banking, has been recognized by Nucleus Research as a Leader in the 2021 WFM (Workforce Management) Technology Value Matrix. This is the third consecutive year Reflexis has placed in the Leader quadrant of this analyst report. A complimentary copy of the full report is available here. We positioned Reflexis Systems as a Leader in the 2021 WFM Technology Value Matrix for the third straight year due to the continued strength and agility of Reflexis ONE TM, said Trevor White, Analyst at Nucleus Research. Reflexis Workforce Scheduler and Employee Self-Service empower businesses across a wide range of industries to simplify store execution while streamlining labor and scheduling processes. Nucleus Research evaluated 17 WFM solutions and ranked them on their delivery of value to customers via both the functionality and usability of the software. Reflexis received accolades for its AI-powered Reflexis ONE platform, which allows retailers, quick service restaurants, hotels and banks to optimize execution processes and labor expenditures. Reflexis Systems is honored Nucleus Research has again recognized us as a Leader in the 2021 WFM Technology Value Matrix, said Suresh Menon, Senior Vice President and General Manager for Software Solutions, Zebra Technologies. Reflexis ONE helps businesses across a wide range of industries optimize labor budgeting, forecasting and scheduling via our AI-powered Workforce Scheduler, while Employee Self-Service increases employee productivity, engagement and retention. KEY TAKEAWAYS ABOUT ZEBRA TECHNOLOGIES Zebra (NASDAQ: ZBRA) empowers the front line in retail/ecommerce, manufacturing, transportation and logistics, healthcare, public sector and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, Zebra delivers industry-tailored, end-to-end solutions to enable every asset and worker to be visible, connected and fully optimized. The companys market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care. In 2020, Zebra made Forbes Global 2000 list for the second consecutive year and was listed among Fast Companys Best Companies for Innovators. For more information, visit www.zebra.com or sign up for news alerts. Participate in Zebras Your Edge blog, follow the company on LinkedIn, Twitter and Facebook, and check out our Story Hub: Zebra Perspectives. ABOUT REFLEXIS SYSTEMS Reflexis Systems (now part of Zebra Technologies), is the leading provider of intelligent workforce management, execution and communication solutions for multi-site organizations in retail, food service, hospitality and banking. The Reflexis ONE intelligent work platform is used by our customers across the globe to simplify execution, improve communication and optimize labor decisions. Today, over 275 leaders in retail, food service, hospitality and banking are leveraging Reflexis ONE to achieve measurable improvements in customer engagement & employee productivity and retention. Reflexis Systems is headquartered in Dedham, Massachusetts and has offices in Atlanta, Columbus, London, Dsseldorf, and Pune (India), with additional sales presence across Europe and Latin America. For further information, please visit www.Reflexisinc.com. Follow Reflexis on: LinkedIn | Blog | Twitter | YouTube ABOUT NUCLEUS RESEARCH Nucleus Research is the recognized global leader in investigative ROI technology research. Using a case-based approach, we provide research streams and advisory services that allow vendors and end users to quantify and maximize the return from their technology investments. We deliver the numbers that drive better business decisions. For more information, visit NucleusResearch.com or follow our latest updates on LinkedIn. Answer:
Reflexis Systems Named a Leader in Nucleus Researchs 2021 WFM Technology Value Matrix This marks the third consecutive year as a Leader for Reflexis, now part of Zebra Technologies
DEDHAM, Mass.--(BUSINESS WIRE)--Reflexis Systems (now part of Zebra Technologies), a leading provider of AI-powered workforce management and real-time execution solutions for multi-site businesses in retail, food service, hospitality and banking, has been recognized by Nucleus Research as a Leader in the 2021 WFM (Workforce Management) Technology Value Matrix. This is the third consecutive year Reflexis has placed in the Leader quadrant of this analyst report. A complimentary copy of the full report is available here. We positioned Reflexis Systems as a Leader in the 2021 WFM Technology Value Matrix for the third straight year due to the continued strength and agility of Reflexis ONE TM, said Trevor White, Analyst at Nucleus Research. Reflexis Workforce Scheduler and Employee Self-Service empower businesses across a wide range of industries to simplify store execution while streamlining labor and scheduling processes. Nucleus Research evaluated 17 WFM solutions and ranked them on their delivery of value to customers via both the functionality and usability of the software. Reflexis received accolades for its AI-powered Reflexis ONE platform, which allows retailers, quick service restaurants, hotels and banks to optimize execution processes and labor expenditures. Reflexis Systems is honored Nucleus Research has again recognized us as a Leader in the 2021 WFM Technology Value Matrix, said Suresh Menon, Senior Vice President and General Manager for Software Solutions, Zebra Technologies. Reflexis ONE helps businesses across a wide range of industries optimize labor budgeting, forecasting and scheduling via our AI-powered Workforce Scheduler, while Employee Self-Service increases employee productivity, engagement and retention. KEY TAKEAWAYS ABOUT ZEBRA TECHNOLOGIES Zebra (NASDAQ: ZBRA) empowers the front line in retail/ecommerce, manufacturing, transportation and logistics, healthcare, public sector and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, Zebra delivers industry-tailored, end-to-end solutions to enable every asset and worker to be visible, connected and fully optimized. The companys market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care. In 2020, Zebra made Forbes Global 2000 list for the second consecutive year and was listed among Fast Companys Best Companies for Innovators. For more information, visit www.zebra.com or sign up for news alerts. Participate in Zebras Your Edge blog, follow the company on LinkedIn, Twitter and Facebook, and check out our Story Hub: Zebra Perspectives. ABOUT REFLEXIS SYSTEMS Reflexis Systems (now part of Zebra Technologies), is the leading provider of intelligent workforce management, execution and communication solutions for multi-site organizations in retail, food service, hospitality and banking. The Reflexis ONE intelligent work platform is used by our customers across the globe to simplify execution, improve communication and optimize labor decisions. Today, over 275 leaders in retail, food service, hospitality and banking are leveraging Reflexis ONE to achieve measurable improvements in customer engagement & employee productivity and retention. Reflexis Systems is headquartered in Dedham, Massachusetts and has offices in Atlanta, Columbus, London, Dsseldorf, and Pune (India), with additional sales presence across Europe and Latin America. For further information, please visit www.Reflexisinc.com. Follow Reflexis on: LinkedIn | Blog | Twitter | YouTube ABOUT NUCLEUS RESEARCH Nucleus Research is the recognized global leader in investigative ROI technology research. Using a case-based approach, we provide research streams and advisory services that allow vendors and end users to quantify and maximize the return from their technology investments. We deliver the numbers that drive better business decisions. For more information, visit NucleusResearch.com or follow our latest updates on LinkedIn.
edtsum124
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, March 12, 2021 /PRNewswire/ --At its 2021 Annual Meeting this month, the Association of Schools and Programs of Public Health (ASPPH) will present the CUNY Graduate School of Public Health and Health Policy (CUNY SPH) with the Harrison C. Spencer Award for Outstanding Community Service. The prestigious award was created to honor Dr. Spencer, a pioneer in public health with a long-standing commitment to principles of social justice with a focus on community engagement to address the social determinants of health. Community engagement is integral to CUNY SPH's vision of promoting health and social justice in New York City and across the globe through innovation and excellence in education, research, and service in public health. We embrace a multifaceted concept of "community" that includes half a million CUNY students at its center, exceeding a million when including the students families and close social circle. The school is also engaged with its immediate neighborhood in Harlem, with its rich cultural heritage anchored in social justice an civil liberty, and with the broader New York City public health community of government agencies, health care institutions, community-based and private sector organizations, and academia whose mission is to improve population health. CUNY SPH is being recognized for its recent work to promote population health, especially amidst the Covid-19 pandemic, including the CONVINCE USA Initiative, which seeks to promote vaccine literacy and confidence in Covid-19 vaccines in particular; the Healthy CUNY Initiative, which strives to promote the health of CUNY students in order to support their academic success; the Harlem Strong Program, a community-based mental health and economic empowerment initiative to support greater mental health awareness, community advocacy and collaboration through community networks; the Covid-19 Resource Navigator Program (RNAV), which has trained CUNY students and alumni and CBOs to assist nearly 7,000 individuals in obtaining the resources and services necessary to quarantine at home due to exposure to Covid-19; the CUNY SPH Covid-19 Tracking Survey, which documented the impact of the pandemic on New York City and State residents over several months; and the Harlem Health Initiative, which supports and strengthens local organizations in Harlem where the school is located. "We are delighted and humbled by the news of this award," said CUNY SPH Dean Ayman El-Mohandes. "We look forward to continuing our work to partner with our community in New York City and beyond, to advance social justice, and to improve health outcomes for all." The Spencer Award is given annually to an ASPPH-member, CEPH- accredited school or program of public health demonstrating a major institutional commitment to addressing community needs through education, practice, and/or research. The award will be presented on day three of the Annual Meeting, March 25 at 2:30pm. See the full agenda and RSVP here. Media contact:Ariana Costakes[emailprotected]646-364-9649 SOURCE CUNY SPH Related Links https://sph.cuny.edu Answer:
CUNY SPH to be honored with ASPPH Award for Outstanding Community Service
NEW YORK, March 12, 2021 /PRNewswire/ --At its 2021 Annual Meeting this month, the Association of Schools and Programs of Public Health (ASPPH) will present the CUNY Graduate School of Public Health and Health Policy (CUNY SPH) with the Harrison C. Spencer Award for Outstanding Community Service. The prestigious award was created to honor Dr. Spencer, a pioneer in public health with a long-standing commitment to principles of social justice with a focus on community engagement to address the social determinants of health. Community engagement is integral to CUNY SPH's vision of promoting health and social justice in New York City and across the globe through innovation and excellence in education, research, and service in public health. We embrace a multifaceted concept of "community" that includes half a million CUNY students at its center, exceeding a million when including the students families and close social circle. The school is also engaged with its immediate neighborhood in Harlem, with its rich cultural heritage anchored in social justice an civil liberty, and with the broader New York City public health community of government agencies, health care institutions, community-based and private sector organizations, and academia whose mission is to improve population health. CUNY SPH is being recognized for its recent work to promote population health, especially amidst the Covid-19 pandemic, including the CONVINCE USA Initiative, which seeks to promote vaccine literacy and confidence in Covid-19 vaccines in particular; the Healthy CUNY Initiative, which strives to promote the health of CUNY students in order to support their academic success; the Harlem Strong Program, a community-based mental health and economic empowerment initiative to support greater mental health awareness, community advocacy and collaboration through community networks; the Covid-19 Resource Navigator Program (RNAV), which has trained CUNY students and alumni and CBOs to assist nearly 7,000 individuals in obtaining the resources and services necessary to quarantine at home due to exposure to Covid-19; the CUNY SPH Covid-19 Tracking Survey, which documented the impact of the pandemic on New York City and State residents over several months; and the Harlem Health Initiative, which supports and strengthens local organizations in Harlem where the school is located. "We are delighted and humbled by the news of this award," said CUNY SPH Dean Ayman El-Mohandes. "We look forward to continuing our work to partner with our community in New York City and beyond, to advance social justice, and to improve health outcomes for all." The Spencer Award is given annually to an ASPPH-member, CEPH- accredited school or program of public health demonstrating a major institutional commitment to addressing community needs through education, practice, and/or research. The award will be presented on day three of the Annual Meeting, March 25 at 2:30pm. See the full agenda and RSVP here. Media contact:Ariana Costakes[emailprotected]646-364-9649 SOURCE CUNY SPH Related Links https://sph.cuny.edu
edtsum125
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Alexander Group, Inc., a leading revenue growth consultancy to global 2000 companies, recently opened its new Media Sales Industry Trends Research. With a special focus on pure play digital, broadcast, print and radio sectors, the research will provide the latest industry insights, benchmarks and best practices as they relate to leading-edge trends, commercial roles, growth drivers, investment profiles and sales compensation. The focus of the research includes five main themes: Alexander Group will explore and analyze viewpoints on these topics through executive interviews, along with data submission on sales productivity, roles and coverage, headcount ratios and pay. Matt Bartels, principal and leader of the firms Media Sales practice, stressed that, This research effort is the most extensive to date that Alexander Group has undertaken. This study provides tremendous insight to our Media Sales community. It has a unique blend of quantitative go-to-market benchmarks and industry perspectives from worlds leading experts. The depth of the benchmarks and the company specific comparison is unparalleled. Its a great chance to see how you stack up, and where to place your next investments. Alexander Groups Media Sales Industry Trends Research will remain open for the coming months. The study is complimentary, and participants will receive a customized report with industry trends, best practices and benchmarks comparing their companys summarized data findings to the industry. All data is confidential and shared only in aggregate. Contact one of Alexander Groups Media Sales leaders to participate in the research. About Alexander Group Alexander Group provides revenue growth consulting services to the worlds leading sales, marketing and service organizations. Founded in 1985, Alexander Group combines deep experience, proven methodologies and data-driven insights to help revenue leaders anticipate change, align their go-to-customer resources with company goals and make better informed decisions with one goal in mindto grow revenue. Alexander Group has offices in Atlanta, Chicago, London, New York, San Francisco, So Paulo, Scottsdale and Vero Beach. Answer:
Alexander Group Launches Research Opportunity for Media Sales Leaders to Discover New Revenue Mandates
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Alexander Group, Inc., a leading revenue growth consultancy to global 2000 companies, recently opened its new Media Sales Industry Trends Research. With a special focus on pure play digital, broadcast, print and radio sectors, the research will provide the latest industry insights, benchmarks and best practices as they relate to leading-edge trends, commercial roles, growth drivers, investment profiles and sales compensation. The focus of the research includes five main themes: Alexander Group will explore and analyze viewpoints on these topics through executive interviews, along with data submission on sales productivity, roles and coverage, headcount ratios and pay. Matt Bartels, principal and leader of the firms Media Sales practice, stressed that, This research effort is the most extensive to date that Alexander Group has undertaken. This study provides tremendous insight to our Media Sales community. It has a unique blend of quantitative go-to-market benchmarks and industry perspectives from worlds leading experts. The depth of the benchmarks and the company specific comparison is unparalleled. Its a great chance to see how you stack up, and where to place your next investments. Alexander Groups Media Sales Industry Trends Research will remain open for the coming months. The study is complimentary, and participants will receive a customized report with industry trends, best practices and benchmarks comparing their companys summarized data findings to the industry. All data is confidential and shared only in aggregate. Contact one of Alexander Groups Media Sales leaders to participate in the research. About Alexander Group Alexander Group provides revenue growth consulting services to the worlds leading sales, marketing and service organizations. Founded in 1985, Alexander Group combines deep experience, proven methodologies and data-driven insights to help revenue leaders anticipate change, align their go-to-customer resources with company goals and make better informed decisions with one goal in mindto grow revenue. Alexander Group has offices in Atlanta, Chicago, London, New York, San Francisco, So Paulo, Scottsdale and Vero Beach.
edtsum126
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: STOCKHOLM, Feb. 4, 2021 /PRNewswire/ --Eco Wave Power (EWPG Holding AB) won the prestigious BlueInvest Award by the European Commission, in the People's Choice category. The award ceremony took place within the framework of the BlueInvest Day event, organized by the European Commission, and the award was delivered to Eco Wave Power by Virginijus Sinkeviius, Commissioner for the Environment, Oceans and Fisheries of the European Commission.Virginijus Sinkeviius congratulated Eco Wave Power and said that the "People's Choice" Award has a special significance, as it shows the interest, by the general public, in the technology's implementation. "I am very grateful for winning the People's Choice Award. Being a young woman, developing an innovative wave energy technology is not always easy, but your support and moments like this are what makes it all worthwhile. Thank you for supporting Eco Wave Power's mission of changing the world, one wave at a time! And thank you to our shareholders, partners and team, we could not do it without you! I always say that passion is the greatest renewable energy source, and it is, even stronger than the power of the waves! Keep believing!" said Inna Braverman, CEO of Eco Wave Power, in her Award acceptance speech. About Blue Invest Award 2021 BlueInvest Awards 2021are organized by the European Commission, and as part of screening process, 20 of Europe's top start-ups and SMEs in the Blue Economy were selected to pitch on a virtual stage to a panel of investors and experts.This year's categories were identified from technologies that had thehighest level of interest from impact investorsand are priorities for theEU Green Deal, and included Energy from the Ocean, Green Shipping Solutions, Sustainable Food & Feed from the ocean and Healthy Ocean and Resilient Coasts. About EWPG Holding AB (SE0012569663) EWPG Holding AB (publ) ("Eco Wave Power") is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from sea and ocean waves. EWP is recognized as a "Pioneering Technology" by the Israel's Ministry of Energy and was labelled as an "Efficient Solution" by the Solar Impulse Foundation.Eco Wave Power'sproject in Gibraltar has received funding from the European Union Regional Development Fund and from the European Commission's HORIZON2020 framework program. The companyisalso recognized by the United Nations in receiving the "Climate Action Award". The Eco Wave Power share (ECOWVE) is traded on Nasdaq First North Growth Market. FNCA is the company's Certified Advisor (+46 8-528 00399,[emailprotected]). Read more about Eco Wave Power at:www.ecowavepower.com For more information, please contact: Inna Braverman, CEO[emailprotected]+97235094017 Aharon Yehuda, CFO[emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/ewpg-holding-ab--publ-/r/eco-wave-power-wins-the--blue-invest-people-s-choice--award-by-the-european-commission,c3279660 The following files are available for download: https://mb.cision.com/Main/18497/3279660/1368061.pdf Release https://news.cision.com/ewpg-holding-ab--publ-/i/blueinvest,c2874528 blueinvest SOURCE EWPG Holding AB (publ) Answer:
Eco Wave Power Wins the "Blue Invest-People's Choice" Award by the European Commission
STOCKHOLM, Feb. 4, 2021 /PRNewswire/ --Eco Wave Power (EWPG Holding AB) won the prestigious BlueInvest Award by the European Commission, in the People's Choice category. The award ceremony took place within the framework of the BlueInvest Day event, organized by the European Commission, and the award was delivered to Eco Wave Power by Virginijus Sinkeviius, Commissioner for the Environment, Oceans and Fisheries of the European Commission.Virginijus Sinkeviius congratulated Eco Wave Power and said that the "People's Choice" Award has a special significance, as it shows the interest, by the general public, in the technology's implementation. "I am very grateful for winning the People's Choice Award. Being a young woman, developing an innovative wave energy technology is not always easy, but your support and moments like this are what makes it all worthwhile. Thank you for supporting Eco Wave Power's mission of changing the world, one wave at a time! And thank you to our shareholders, partners and team, we could not do it without you! I always say that passion is the greatest renewable energy source, and it is, even stronger than the power of the waves! Keep believing!" said Inna Braverman, CEO of Eco Wave Power, in her Award acceptance speech. About Blue Invest Award 2021 BlueInvest Awards 2021are organized by the European Commission, and as part of screening process, 20 of Europe's top start-ups and SMEs in the Blue Economy were selected to pitch on a virtual stage to a panel of investors and experts.This year's categories were identified from technologies that had thehighest level of interest from impact investorsand are priorities for theEU Green Deal, and included Energy from the Ocean, Green Shipping Solutions, Sustainable Food & Feed from the ocean and Healthy Ocean and Resilient Coasts. About EWPG Holding AB (SE0012569663) EWPG Holding AB (publ) ("Eco Wave Power") is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from sea and ocean waves. EWP is recognized as a "Pioneering Technology" by the Israel's Ministry of Energy and was labelled as an "Efficient Solution" by the Solar Impulse Foundation.Eco Wave Power'sproject in Gibraltar has received funding from the European Union Regional Development Fund and from the European Commission's HORIZON2020 framework program. The companyisalso recognized by the United Nations in receiving the "Climate Action Award". The Eco Wave Power share (ECOWVE) is traded on Nasdaq First North Growth Market. FNCA is the company's Certified Advisor (+46 8-528 00399,[emailprotected]). Read more about Eco Wave Power at:www.ecowavepower.com For more information, please contact: Inna Braverman, CEO[emailprotected]+97235094017 Aharon Yehuda, CFO[emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/ewpg-holding-ab--publ-/r/eco-wave-power-wins-the--blue-invest-people-s-choice--award-by-the-european-commission,c3279660 The following files are available for download: https://mb.cision.com/Main/18497/3279660/1368061.pdf Release https://news.cision.com/ewpg-holding-ab--publ-/i/blueinvest,c2874528 blueinvest SOURCE EWPG Holding AB (publ)
edtsum127
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LOS ANGELES, Jan. 20, 2021 /PRNewswire/ --B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten registered public offering of $100 million aggregate principal amount of senior notes due 2028, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering. B. Riley Financial and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The Company expects to use the net proceeds in excess of $50 million from the sale of the notes for the redemption of all or a portion of its existing 7.50% Senior Notes due 2027 as soon as practicable and the remaining net proceeds for general corporate purposes, including funding future acquisitions and investments, repaying indebtedness, making capital expenditures and funding working capital. B. Riley Securities, Ladenburg Thalmann, National Securities Corporation, William Blair and Incapital are acting as book-running managers for this offering. Aegis Capital Corp., Boenning & Scattergood, Huntington Capital Markets, Newbridge Securities Corporation and Wedbush Securities are acting as co-managers. The notes will be offered under the Company's shelf registration statement on Form S-3, which was declared effective by the Securities and Exchange Commission ("SEC") on February 24, 2020. The offering of these notes will be made only by means of a prospectus supplement and accompanying base prospectus, which will be filed with the SEC. Copies of the prospectus supplement and the accompanying base prospectus may be obtained on the SEC's website at www.sec.gov, or by contacting B. Riley Securities by phone at (703) 312-9580, or by emailing [emailprotected]. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the notes in any state or jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About B. Riley Financial (NASDAQ:RILY)B. Riley Financial, Inc. provides collaborative financial services solutions tailored to fit the capital raising, business, operational, and financial advisory needs of its clients and partners. B. Riley operates through several subsidiaries which offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, corporate advisory, restructuring, due diligence, forensic accounting, litigation support, appraisal and valuation, and auction and liquidation services. Certain registered affiliates of B. Riley originate and underwrite senior secured loans for asset-rich companies. B. Riley also makes proprietary investments in companies and assets with attractive return profiles. Forward-Looking StatementsStatements in this press release that are not descriptions of historical facts are forward-looking statements that are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of the date of this press release. Such forward looking statements include, but are not limited to, statements regarding the terms and conditions and timing of the senior notes offering and the intended use of proceeds. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Factors that could cause actual results to differ include (without limitation) the possibility that the notes offering will not be consummated at the expected time, on the expected terms, or at all; and the Company's financial performance; and those risks described from time to time in B. Riley's periodic filings with the SEC, including, without limitation, the risks described in B. Riley's Annual Report on Form 10-K for the year ended December 31, 2019 under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." Additional information is also set forth in our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and B. Riley undertakes no duty to update this information. Contacts Investors Media Investor Relations Jo Anne McCusker [emailprotected] [emailprotected] (310) 966-1444 (646) 885-5425 SOURCE B. Riley Financial Related Links www.brileyfin.com Answer:
B. Riley Financial Announces Offering of $100 Million Senior Notes Due 2028 and "BBB+" Rating from Egan-Jones
LOS ANGELES, Jan. 20, 2021 /PRNewswire/ --B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten registered public offering of $100 million aggregate principal amount of senior notes due 2028, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering. B. Riley Financial and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The Company expects to use the net proceeds in excess of $50 million from the sale of the notes for the redemption of all or a portion of its existing 7.50% Senior Notes due 2027 as soon as practicable and the remaining net proceeds for general corporate purposes, including funding future acquisitions and investments, repaying indebtedness, making capital expenditures and funding working capital. B. Riley Securities, Ladenburg Thalmann, National Securities Corporation, William Blair and Incapital are acting as book-running managers for this offering. Aegis Capital Corp., Boenning & Scattergood, Huntington Capital Markets, Newbridge Securities Corporation and Wedbush Securities are acting as co-managers. The notes will be offered under the Company's shelf registration statement on Form S-3, which was declared effective by the Securities and Exchange Commission ("SEC") on February 24, 2020. The offering of these notes will be made only by means of a prospectus supplement and accompanying base prospectus, which will be filed with the SEC. Copies of the prospectus supplement and the accompanying base prospectus may be obtained on the SEC's website at www.sec.gov, or by contacting B. Riley Securities by phone at (703) 312-9580, or by emailing [emailprotected]. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the notes in any state or jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About B. Riley Financial (NASDAQ:RILY)B. Riley Financial, Inc. provides collaborative financial services solutions tailored to fit the capital raising, business, operational, and financial advisory needs of its clients and partners. B. Riley operates through several subsidiaries which offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, corporate advisory, restructuring, due diligence, forensic accounting, litigation support, appraisal and valuation, and auction and liquidation services. Certain registered affiliates of B. Riley originate and underwrite senior secured loans for asset-rich companies. B. Riley also makes proprietary investments in companies and assets with attractive return profiles. Forward-Looking StatementsStatements in this press release that are not descriptions of historical facts are forward-looking statements that are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of the date of this press release. Such forward looking statements include, but are not limited to, statements regarding the terms and conditions and timing of the senior notes offering and the intended use of proceeds. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Factors that could cause actual results to differ include (without limitation) the possibility that the notes offering will not be consummated at the expected time, on the expected terms, or at all; and the Company's financial performance; and those risks described from time to time in B. Riley's periodic filings with the SEC, including, without limitation, the risks described in B. Riley's Annual Report on Form 10-K for the year ended December 31, 2019 under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." Additional information is also set forth in our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and B. Riley undertakes no duty to update this information. Contacts Investors Media Investor Relations Jo Anne McCusker [emailprotected] [emailprotected] (310) 966-1444 (646) 885-5425 SOURCE B. Riley Financial Related Links www.brileyfin.com
edtsum128
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK--(BUSINESS WIRE)--Integrated Specialty Coverages (ISC or the Company), a leading, multi-line program administrator that builds end-to-end insurance products utilizing advanced artificial intelligence (AI) engineering and data analytics, today announced the launch of its exclusive new Vacant Property Program (VPP), designed to address the increasing number of vacant residential and commercial properties across the U.S., while providing owners flexible terms at competitive rates. The new VPP program will target both properties and vacant land, including residential and commercial buildings, as well as buildings under renovation. It will be led by Gareth Jelley, Senior Vice President of the Property Division at ISC, and is backed by an A Rated Non-Admitted carrier, with the flexibility to write property and liability policies over alternate periods, including three-, six- and twelve-month terms. The VPP can provide up to $2M total insurable value (TIV) for any one location, as well as general liability limits of $1 million occurrence / $2 million aggregate, with no cost for additional insured endorsements. It can also be accessible in Basic, Broad and Special form, and insures against a variety of exposures such as theft, water damage and other weather-related damages, including the growing threat of wind damage in Tier 1 coastal regions. The number of vacant homes and properties across the country has increased dramatically amid the COVID-19 environment, creating a substantial and increasing burden on property owners, said Mr. Jelley. We are pleased to be partnering with our A-rated carrier partner and look forward to utilizing our technology to enable owners to insure their vacant residential and commercial properties at adaptable and competitive rates, with greater flexibility. We are excited to continue to expand our new offerings in the property and casualty space and flex our technology to adapt to this changing environment, commented Matthew Grossberg, CEO of Integrated Specialty Coverages. VPP is ISCs second property-focused program in the past year, and we look forward to rolling out new products and offerings across the property space and other verticals. The program is exclusively available to ISC and SIS Insure and will soon be available through ISCs online MGA platform. Interested parties can apply through ISC or SIS Insures websites directly, here: About Integrated Specialty Coverages Integrated Specialty Coverages (ISC) is a leading, multi-line program administrator dedicated to underwriting excellence, client service, and customer experience. ISC has built an end-to-end insurance platform by connecting a broad network of insurance markets and distribution channels with proprietary data analytics capabilities. The firm uses sophisticated technology and analytics to revolutionize how complex programs are underwritten and operated. They are joined by experienced professionals from all spheres of the insurance ecosystem. ISC's strategy is focused on a combination of strategic M&A, data-driven decision making, as well as an innovative means of delivery. ISC provides its partners with high-quality service, competitive commission, and creative product delivery options to help expand their footprint in any desired line or class of business. ISC is a portfolio company of KKR. Please visit: https://iscmga.com/ About Safebuilt Insurance Services (SIS Insure) Safebuilt Insurance Services ("SIS Insure") is a Program Manager licensed in all 50 states and utilizes a proprietary technology platform coupled with an intelligent distribution channel to provide the full continuum of insurance products, across the spectrum of contractor general liability, commercial auto, licensing and performance bonds, excess liability, builders risk, inland marine and workers compensation. Please visit: https://sisinsure.com/ Answer:
Integrated Specialty Coverages (ISC) Launches New Vacant Property Program Backed by an A Rated Non-Admitted carrier, the program will provide flexible insurance policies for the growing number of vacant residential and commercial buildings across the U.S.
NEW YORK--(BUSINESS WIRE)--Integrated Specialty Coverages (ISC or the Company), a leading, multi-line program administrator that builds end-to-end insurance products utilizing advanced artificial intelligence (AI) engineering and data analytics, today announced the launch of its exclusive new Vacant Property Program (VPP), designed to address the increasing number of vacant residential and commercial properties across the U.S., while providing owners flexible terms at competitive rates. The new VPP program will target both properties and vacant land, including residential and commercial buildings, as well as buildings under renovation. It will be led by Gareth Jelley, Senior Vice President of the Property Division at ISC, and is backed by an A Rated Non-Admitted carrier, with the flexibility to write property and liability policies over alternate periods, including three-, six- and twelve-month terms. The VPP can provide up to $2M total insurable value (TIV) for any one location, as well as general liability limits of $1 million occurrence / $2 million aggregate, with no cost for additional insured endorsements. It can also be accessible in Basic, Broad and Special form, and insures against a variety of exposures such as theft, water damage and other weather-related damages, including the growing threat of wind damage in Tier 1 coastal regions. The number of vacant homes and properties across the country has increased dramatically amid the COVID-19 environment, creating a substantial and increasing burden on property owners, said Mr. Jelley. We are pleased to be partnering with our A-rated carrier partner and look forward to utilizing our technology to enable owners to insure their vacant residential and commercial properties at adaptable and competitive rates, with greater flexibility. We are excited to continue to expand our new offerings in the property and casualty space and flex our technology to adapt to this changing environment, commented Matthew Grossberg, CEO of Integrated Specialty Coverages. VPP is ISCs second property-focused program in the past year, and we look forward to rolling out new products and offerings across the property space and other verticals. The program is exclusively available to ISC and SIS Insure and will soon be available through ISCs online MGA platform. Interested parties can apply through ISC or SIS Insures websites directly, here: About Integrated Specialty Coverages Integrated Specialty Coverages (ISC) is a leading, multi-line program administrator dedicated to underwriting excellence, client service, and customer experience. ISC has built an end-to-end insurance platform by connecting a broad network of insurance markets and distribution channels with proprietary data analytics capabilities. The firm uses sophisticated technology and analytics to revolutionize how complex programs are underwritten and operated. They are joined by experienced professionals from all spheres of the insurance ecosystem. ISC's strategy is focused on a combination of strategic M&A, data-driven decision making, as well as an innovative means of delivery. ISC provides its partners with high-quality service, competitive commission, and creative product delivery options to help expand their footprint in any desired line or class of business. ISC is a portfolio company of KKR. Please visit: https://iscmga.com/ About Safebuilt Insurance Services (SIS Insure) Safebuilt Insurance Services ("SIS Insure") is a Program Manager licensed in all 50 states and utilizes a proprietary technology platform coupled with an intelligent distribution channel to provide the full continuum of insurance products, across the spectrum of contractor general liability, commercial auto, licensing and performance bonds, excess liability, builders risk, inland marine and workers compensation. Please visit: https://sisinsure.com/
edtsum129
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: FORT LAUDERDALE, Fla., May 4, 2020 /PRNewswire/ -- Dynamic health and wellness brand, Freeman Formula creates books, videos, coaching systems, and nutritional products, and now they have partnered with TruLife Distribution to make their UPGRADENatural Brain Formula available for purchase nationwide via both online and brick and mortar outlets. Freeman Formula is the product of many years of hard work by husband and wife fitness duo, Jeramy and Kim Freeman. The Freemans call themselves "Professional Goal Achievers," and they have the experience to back up their claim. With over 25 years in the business of fitness and coaching, the Freemans have built a results-driven business model, and their recent partnership with the health industry veterans at TruLife that has put them on the map. "I had been using my own sales team for years to get my products out there," says Jeramy Freeman. "But when I met with Brian Gould from TruLife, it just clicked. Brian was able to talk about my products better than my own sales team. That really impressed me. Brian also took a look at my productline to help identify which products would be the most profitable to create the most growth for my business, and this helped us expand into over 3,000 stores." Now Freeman Formula's UPGRADE brain health shots are available for purchase in national retail stores and online; a big step in the right direction for the Freeman brand, as more people are buying from home. Another major component of Freeman Formula's expansion was its success at the niche industry retail conference, ECRM. ECRM is a networking event in which up and coming brands can meet with some of the market's largest retail buyers, with the goal of getting their products placed in large brick-and-mortar stores. Freeman says he spent a few years promoting his products at ECRM without representation, but when he partnered with TruLife the results were instantaneous. "Right away he was making connections that I just couldn't have imagined," says Freeman. "Networking events like that [ECRM] are all about who you know, and Brian has been building these relationships for years." TruLife founder and CEO Brian Gould has decades of experience selecting top-performing supplemental nutrition companies and helping them grow their business, but he also has experience networking with some of the largest retailers in the country. Gould says he was impressed with Freeman Formula's ingredient quality and close attention to ingredient synergy. "We love representing Freeman Formula," says Gould "when they put out a product, we know it's going to sell, we couldn't be more confident in helping them develop these partnerships because of the promising future we see for this brand." UPGRADE is an all-natural formula, designed to work with the body for reliable brain-boosting results. Often, products that advertise brain-boosting ability are nothing more than stimulants, designed to make the brain feel more awake for a short period of time, ultimately leading to a crash caused by adrenal fatigue when effects dissipate, which can leave the body feeling run-down and sluggish. The Freeman's call their shots an "Upgrade to your system" because their shots support mental clarity, by helping form connections in the brain, which leaves the body feeling awake, but not buzzed. With an impressive list of products already for sale through their website, freemansupplements.com, TruLife says selling online through major retailers is bound to be a game-changer for Freeman Formula. Please direct inquiries to: Emma Miller954-595-7747 [emailprotected] SOURCE TruLife Distribution Answer:
Freeman Formula's UPGRADE Brain-Health Shots Are Now Available Nationwide Thanks to TruLife Distribution Freeman Formula Takes Their Supplemental Health Products To The Next Level
FORT LAUDERDALE, Fla., May 4, 2020 /PRNewswire/ -- Dynamic health and wellness brand, Freeman Formula creates books, videos, coaching systems, and nutritional products, and now they have partnered with TruLife Distribution to make their UPGRADENatural Brain Formula available for purchase nationwide via both online and brick and mortar outlets. Freeman Formula is the product of many years of hard work by husband and wife fitness duo, Jeramy and Kim Freeman. The Freemans call themselves "Professional Goal Achievers," and they have the experience to back up their claim. With over 25 years in the business of fitness and coaching, the Freemans have built a results-driven business model, and their recent partnership with the health industry veterans at TruLife that has put them on the map. "I had been using my own sales team for years to get my products out there," says Jeramy Freeman. "But when I met with Brian Gould from TruLife, it just clicked. Brian was able to talk about my products better than my own sales team. That really impressed me. Brian also took a look at my productline to help identify which products would be the most profitable to create the most growth for my business, and this helped us expand into over 3,000 stores." Now Freeman Formula's UPGRADE brain health shots are available for purchase in national retail stores and online; a big step in the right direction for the Freeman brand, as more people are buying from home. Another major component of Freeman Formula's expansion was its success at the niche industry retail conference, ECRM. ECRM is a networking event in which up and coming brands can meet with some of the market's largest retail buyers, with the goal of getting their products placed in large brick-and-mortar stores. Freeman says he spent a few years promoting his products at ECRM without representation, but when he partnered with TruLife the results were instantaneous. "Right away he was making connections that I just couldn't have imagined," says Freeman. "Networking events like that [ECRM] are all about who you know, and Brian has been building these relationships for years." TruLife founder and CEO Brian Gould has decades of experience selecting top-performing supplemental nutrition companies and helping them grow their business, but he also has experience networking with some of the largest retailers in the country. Gould says he was impressed with Freeman Formula's ingredient quality and close attention to ingredient synergy. "We love representing Freeman Formula," says Gould "when they put out a product, we know it's going to sell, we couldn't be more confident in helping them develop these partnerships because of the promising future we see for this brand." UPGRADE is an all-natural formula, designed to work with the body for reliable brain-boosting results. Often, products that advertise brain-boosting ability are nothing more than stimulants, designed to make the brain feel more awake for a short period of time, ultimately leading to a crash caused by adrenal fatigue when effects dissipate, which can leave the body feeling run-down and sluggish. The Freeman's call their shots an "Upgrade to your system" because their shots support mental clarity, by helping form connections in the brain, which leaves the body feeling awake, but not buzzed. With an impressive list of products already for sale through their website, freemansupplements.com, TruLife says selling online through major retailers is bound to be a game-changer for Freeman Formula. Please direct inquiries to: Emma Miller954-595-7747 [emailprotected] SOURCE TruLife Distribution
edtsum130
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: ABBOTT PARK, Ill., Jan. 27, 2021 /PRNewswire/ --Abbott (NYSE: ABT) today announced financial results for the fourth quarter and full year ended Dec. 31, 2020, and issued its financial outlook for 2021. Fourth-quarter sales of $10.7 billion increased 28.7 percent on a reported basis and 28.4 percent on an organic basis, which excludes the impact of foreign exchange. Fourth-quarter GAAP diluted EPS was $1.20 and adjusted diluted EPS, which excludes specified items, was $1.45, reflecting 52.6 percent growth versus the prior year.1 Full-year 2020 GAAP diluted EPS from continuing operations was $2.49 and adjusted diluted EPS from continuing operations was $3.65, at the upper-end of guidance range issued in January 2020.2 Abbott issues full-year 2021 guidance for diluted EPS from continuing operations on a GAAP basis of at least $3.74 and full-year adjusted diluted EPS from continuing operations of at least $5.00, reflecting growth of more than 35 percent versus the prior year.3 In the fourth quarter, global COVID-19 testing-related sales were $2.4 billion, led by combined sales of $1.9 billion from Abbott's BinaxNOW, Panbio and ID NOW rapid testing platforms. R&D pipeline continued to be highly productive in 2020: U.S. approval of FreeStyle Libre 2 and CE Mark of FreeStyle Libre 3 and Libre Sense Glucose Sport Biosensor; CE Mark of MitraClip G4, TriClip and Tendyne heart valve devices; U.S. approval of Gallant cardiac rhythm devices; CE Mark of EnSite X 3D cardiac mapping system; portfolio expansions in Nutrition and Established Pharmaceuticals. "Despite challenging conditions, we achieved double-digit EPS growth, delivered ground-breaking innovation and advanced our new product pipeline in 2020," said Robert B. Ford, president and chief executive officer, Abbott. "We exited the year with a lot of momentum and are forecasting EPS growth of more than 35 percent in 2021." FOURTH-QUARTER BUSINESS OVERVIEWNote: Management believes that measuring sales growth rates on an organic basis is an appropriate way for investors to best understand the underlying performance of the business. Organic sales growth excludes the impact of foreign exchange. Following are sales by business segment and commentary for the fourth quarter 2020: Total Company($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total * 4,199 6,502 10,701 41.8 21.4 28.7 41.8 20.9 28.4 Nutrition 841 1,095 1,936 6.5 1.4 3.6 6.5 2.9 4.4 Diagnostics 1,981 2,364 4,345 158.5 83.0 111.1 158.5 79.6 108.9 Established Pharmaceuticals -- 1,147 1,147 n/a (2.3) (2.3) n/a 3.4 3.4 Medical Devices 1,369 1,888 3,257 (2.5) 4.9 1.7 (2.5) 1.2 (0.4) * Total Q4 2020 Abbott sales from continuing operations include Other Sales of approximately $16 million. % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total * 13,022 21,586 34,608 14.2 5.3 8.5 14.2 7.3 9.8 Nutrition 3,279 4,368 7,647 5.4 1.6 3.2 5.4 4.2 4.7 Diagnostics 4,774 6,031 10,805 65.3 25.0 40.1 65.3 25.8 40.6 Established Pharmaceuticals -- 4,303 4,303 n/a (4.1) (4.1) n/a 1.9 1.9 Medical Devices 4,931 6,856 11,787 (8.2) (0.1) (3.7) (8.2) (0.3) (3.8) * Total 12M 2020 Abbott sales from continuing operations include Other Sales of approximately $66 million. n/a = Not Applicable. Note: In order to compute results excluding the impact of exchange rates, current year U.S. dollar sales are multiplied or divided, as appropriate, by the current year average foreign exchange rates and then those amounts are multiplied or divided, as appropriate, by the prior year average foreign exchange rates. Fourth-quarter 2020 worldwide sales of $10.7 billion increased 28.7 percent on a reported basis and 28.4 percent on an organic basis. Nutrition($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 841 1,095 1,936 6.5 1.4 3.6 6.5 2.9 4.4 Pediatric 497 511 1,008 5.2 (9.5) (2.8) 5.2 (8.4) (2.2) Adult 344 584 928 8.4 13.4 11.5 8.4 15.3 12.7 % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 3,279 4,368 7,647 5.4 1.6 3.2 5.4 4.2 4.7 Pediatric 1,987 2,140 4,127 5.8 (6.2) (0.8) 5.8 (4.1) 0.3 Adult 1,292 2,228 3,520 4.9 10.5 8.4 4.9 13.6 10.3 Worldwide Nutrition sales increased 3.6 percent on a reported basis and 4.4 percent on an organic basis in the fourth quarter. Strong performance of Ensure, Abbott's market-leading complete and balanced nutrition brand, and Glucerna, Abbott's market-leading diabetes nutrition brand, led to global Adult Nutrition sales growth of 11.5 percent on a reported basis and 12.7 percent on an organic basis. In Pediatric Nutrition, U.S. sales growth of 5.2 percent was led by share growth of Similac, Abbott's infant formula brand, which was offset by challenging conditions in Greater China. Diagnostics($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 1,981 2,364 4,345 158.5 83.0 111.1 158.5 79.6 108.9 Core Laboratory 326 997 1,323 10.9 4.3 5.9 10.9 3.3 5.1 Molecular 192 290 482 427.0 263.1 314.5 427.0 254.2 308.3 Point of Care 91 38 129 (11.9) 14.2 (5.5) (11.9) 12.3 (6.0) Rapid Diagnostics 1,372 1,039 2,411 312.2 366.2 333.9 312.2 354.0 329.0 % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 4,774 6,031 10,805 65.3 25.0 40.1 65.3 25.8 40.6 Core Laboratory 1,166 3,309 4,475 7.3 (7.3) (3.9) 7.3 (5.9) (2.8) Molecular 621 817 1,438 315.5 178.8 224.9 315.5 179.9 225.7 Point of Care 369 147 516 (15.9) 20.2 (8.0) (15.9) 20.6 (7.9) Rapid Diagnostics 2,618 1,758 4,376 115.7 109.2 113.0 115.7 107.4 112.3 Worldwide Diagnostics sales increased 111.1 percent on a reported basis in the fourth quarter and increased 108.9 percent on an organic basis. Strong growth in the quarter was driven by demand for Abbott's portfolio of COVID-19 diagnostics tests across its rapid and lab-based platforms. Global COVID-19 testing-related sales were $2.4 billion in the fourth quarter, led by combined sales of $1.9 billion from Abbott's BinaxNOW, Panbio and ID NOW rapid testing platforms. During 2020, Abbott mobilized its teams across multiple fronts to develop and launch multiple diagnostic tests for COVID-19: U.S. Emergency Use Authorization (EUA) of BinaxNOW COVID-19 Ag Card test, a portable, lateral flow rapid antigen test to detect COVID-19. CE Mark and World Health Organization emergency use listing of Panbio rapid antigen test to detect COVID-19. U.S. EUA of molecular test to detect COVID-19 on its ID NOW rapid point-of-care platform. U.S. EUA and CE Mark of molecular test on its m2000 RealTime lab-based platform to detect COVID-19. U.S. EUA and CE Mark of molecular test on its Alinity m system to detect COVID-19. U.S. EUA and CE Mark of IgG (Immunoglobulin G) lab-based serology blood test on its ARCHITECT i1000SR and i2000SR laboratory instruments for the detection of an antibody to determine if someone was previously infected with the virus. U.S. EUA and CE Mark of SARS-CoV-2 IgG lab-based serology blood test on its Alinity i system. Lateral flow COVID-19 rapid antibody test on its Panbio system in select countries for the detection of an antibody to determine if someone was previously infected with the virus. U.S. EUA and CE Mark of AdviseDx SARS-CoV-2 IgM (Immunoglobulin M) lab-based serology test for use on its ARCHITECT and Alinity platforms. CE Mark of IgG (Immunoglobulin G) quantitative lab-based serology test for use on its ARCHITECT and Alinity platforms. CE Mark of multiplex molecular tests on its Alinity m system to detect COVID-19, Flu A/B and RSV. Established Pharmaceuticals($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total -- 1,147 1,147 n/a (2.3) (2.3) n/a 3.4 3.4 Key Emerging Markets -- 833 833 n/a (7.1) (7.1) n/a 1.1 1.1 Other -- 314 314 n/a 13.0 13.0 n/a 10.8 10.8 % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total -- 4,303 4,303 n/a (4.1) (4.1) n/a 1.9 1.9 Key Emerging Markets -- 3,209 3,209 n/a (5.4) (5.4) n/a 2.6 2.6 Other -- 1,094 1,094 n/a - - n/a (0.5) (0.5) Established Pharmaceuticals sales decreased 2.3 percent on a reported basis in the fourth quarter and increased 3.4 percent on an organic basis. Key Emerging Markets include India, Brazil, Russia and China along with several additional emerging countries that represent the most attractive long-term growth opportunities for Abbott's branded generics product portfolio. Sales in these geographies decreased 7.1 percent on a reported basis in the quarter and increased 1.1 percent on an organic basis. Organic sales growth in India, Russia and Brazil was partially offset by market softness across several countries as a result of COVID-19. Other sales increased 13.0 percent on a reported basis in the quarter and increased 10.8 percent on an organic basis, led by strong sales of Influvac. Medical Devices ($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 1,369 1,888 3,257 (2.5) 4.9 1.7 (2.5) 1.2 (0.4) Rhythm Management 248 284 532 (6.8) 2.1 (2.3) (6.8) (1.7) (4.2) Electrophysiology 184 266 450 (4.5) 0.1 (1.9) (4.5) (3.6) (4.0) Heart Failure 136 53 189 (6.7) 0.4 (4.8) (6.7) (2.3) (5.5) Vascular 225 378 603 (14.0) (16.6) (15.6) (14.0) (19.0) (17.1) Structural Heart 154 199 353 (9.1) (3.3) (5.9) (9.1) (7.0) (7.9) Neuromodulation 172 41 213 (1.6) (12.7) (4.0) (1.6) (15.7) (4.6) Diabetes Care 250 667 917 29.3 34.1 32.7 29.3 29.1 29.2 Vascular Product Lines: Coronary and Endovasculara) 210 377 587 (12.3) (16.4) (15.0) (12.3) (18.8) (16.5) a) Includes drug-eluting stents, balloon catheters, guidewires, vascular imaging/diagnostics products, vessel closure,carotid and other coronary and peripheral products. % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 4,931 6,856 11,787 (8.2) (0.1) (3.7) (8.2) (0.3) (3.8) Rhythm Management 903 1,011 1,914 (14.5) (7.1) (10.7) (14.5) (7.2) (10.8) Electrophysiology 660 918 1,578 (11.0) (6.2) (8.3) (11.0) (6.8) (8.6) Heart Failure 547 193 740 (4.7) (1.3) (3.9) (4.7) (1.3) (3.9) Vascular 853 1,486 2,339 (18.6) (17.6) (18.0) (18.6) (17.4) (17.8) Structural Heart 540 707 1,247 (12.2) (9.9) (10.9) (12.2) (10.3) (11.2) Neuromodulation 564 138 702 (14.6) (19.2) (15.5) (14.6) (19.0) (15.5) Diabetes Care 864 2,403 3,267 27.4 30.2 29.5 27.4 30.1 29.4 Vascular Product Lines: Coronary and Endovasculara) 785 1,478 2,263 (17.1) (17.5) (17.4) (17.1) (17.3) (17.3) a) Includes drug-eluting stents, balloon catheters, guidewires, vascular imaging/diagnostics products, vessel closure,carotid and other coronary and peripheral products. Worldwide Medical Devices sales increased 1.7 percent on a reported basis in the fourth quarter and decreased 0.4 percent on an organic basis. Strong growth in Diabetes Care, led by FreeStyle Libre, was offset by reduced cardiovascular and neuromodulation procedure volumes due to the COVID-19 pandemic and lower Vascular sales in China, as a result of a new national tender program in that country. Excluding Vascular sales in China, global Vascular sales decreased 10.4 percent on an organic basis, and Medical Devices sales increased 1.4 percent on an organic basis in the fourth quarter. In Diabetes Care, strong growth in the quarter was led by FreeStyle Libre, which grew 41.3 percent on a reported basis and 37.1 percent on an organic basis. For the full year, FreeStyle Libre grew 43.1 percent on a reported basis and 42.6 percent on an organic basis. Abbott continues to strengthen its Medical Devices portfolio, with several key product approvals in 2020, including: U.S. FDA clearance of FreeStyle Libre 2 as an integrated continuous glucose monitoring (iCGM) system for adults and children ages 4 and older with diabetes, achieving the highest level of accuracy and performance standards.4 CE Mark of FreeStyle Libre 3, which automatically delivers up-to-the-minute glucose readings, unsurpassed 14-day accuracy5 and real-time glucose alarms in the world's smallest and thinnest6 wearable glucose sensor. CE Mark of Libre Sense Glucose Sport Biosensor, a small wearable sensor that helps athletes better understand the efficacy of their nutritional choices on training and athletic performance. CE Mark of MitraClip G4, Abbott's next-generation MitraClip heart system, the leading minimally invasive mitral heart valve repair device in the world. CE Mark of TriClip, the world's first minimally invasive, clip-based device for repair of a leaky tricuspid heart valve. CE Mark of Tendyne, a first-of-its-kind technology to replace a faulty mitral heart valve. U.S. approval of Gallant implantable cardioverter defibrillator (ICD) and cardiac resynchronization therapy defibrillator (CRT-D) devices, which include Bluetooth technology and a new patient smartphone app for improved remote monitoring and enhanced patient-physician engagement to help manage heart rhythm disorders. CE Mark of EnSite X EP System, a next-generation 3D cardiac mapping platform used for ablation therapy to treat abnormal heart rhythms. U.S. FDA clearance and CE Mark of the IonicRF Generator, a non-surgical, minimally invasive device that uses heat to target specific nerves for the management of chronic pain. ABBOTT ISSUES GUIDANCE FOR 2021Abbott projects full-year 2021 diluted earnings per share from continuing operations under GAAP of at least $3.74. Abbott forecasts specified items for the full-year 2021 of $1.26 primarily related to intangible amortization, expenses associated with acquisitions, restructuring and cost reduction initiatives and other net expenses. Excluding specified items, projected adjusted diluted earnings per share from continuing operations would be at least $5.00 for full-year 2021. ABBOTT DECLARES 388THCONSECUTIVE QUARTERLY DIVIDEND On Dec. 11, 2020, the board of directors of Abbott increased the company's quarterly dividend to $0.45 per share from $0.36 per share, an increase of 25 percent. Abbott's cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021. Abbott has increased its dividend payout for 49 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years. About Abbott: Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries. Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbottand on Twitter @AbbottNews. Abbott will live webcast its fourth-quarter earnings conference call through its Investor Relations website at www.abbottinvestor.comat 8 a.m. Central time today. An archived edition of the webcast will be available later that day. Private Securities Litigation Reform Act of 1995 A Caution Concerning Forward-Looking Statements Some statements in this news release may be forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. Abbott cautions that these forward-looking statements are subject to risks and uncertainties, including the impact of the COVID-19 pandemic on Abbott's operations and financial results, that may cause actual results to differ materially from those indicated in the forward-looking statements. Economic, competitive, governmental, technological and other factors that may affect Abbott's operations are discussed in Item 1A, "Risk Factors" in our Annual Report on Form 10-K for the year ended Dec. 31, 2019 and in Item 1A, "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, and are incorporated herein by reference. Abbott undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law. 1 Fourth-quarter 2020 diluted EPS from continuing operations on a GAAP basis reflects 103.4 percent growth. 2 Full year 2020 diluted EPS from continuing operations on a GAAP basis exceeded the guidance range Abbott issued in January 2020 of $2.35 to $2.45. 3 Full year 2021 guidance for diluted EPS from continuing operations on a GAAP basis reflects growth of at least 50 percent versus the prior year. 4 Based on FDA iCGM special controls. 5 Alva Shridhara,Timothy Bailey,Ronald Brazg,Erwin S. Budiman,Kristin Castorino,Mark P. Christiansen,Gregory Forlenza,Mark Kipnes,David R. Liljenquist, andHanqing Liu. "Accuracy of a 14-Day Factory-Calibrated Continuous Glucose Monitoring System With Advanced Algorithm in Pediatric and Adult Population With Diabetes." Journal of Diabetes Science and Technology, (September 2020).https://doi.org/10.1177/1932296820958754. 6 Among patient-applied sensors. Data on File, Abbott Diabetes Care. Abbott Laboratories and Subsidiaries Condensed Consolidated Statement of Earnings Fourth Quarter Ended December 31, 2020 and 2019 (in millions, except per share data) (unaudited) 4Q20 4Q19 % Change Net Sales $10,701 $8,314 28.7 Cost of products sold, excluding amortization expense 4,493 3,434 30.8 Amortization of intangible assets 508 483 5.2 Research and development 698 595 17.5 Selling, general, and administrative 2,570 2,413 6.5 Total Operating Cost and Expenses 8,269 6,925 19.4 Operating Earnings 2,432 1,389 75.0 Interest expense, net 127 139 (8.3) Net foreign exchange (gain) loss (5) (2) n/m Debt extinguishment costs -- 63 n/m Other (income) expense, net (78) (51) 49.6 Earnings from Continuing Operations before taxes 2,388 1,240 92.4 Tax expense on Earnings from Continuing Operations 230 191 20.2 1) Earnings from Continuing Operations 2,158 1,049 105.5 Earnings from Discontinued Operations, net of taxes 4 -- n/m Net Earnings $2,162 $1,049 105.9 Earnings from Continuing Operations, excludingSpecified Items, as described below $2,612 $1,705 53.2 2) Diluted Earnings per Common Share from: Continuing Operations $1.20 $0.59 103.4 Discontinued Operations -- -- n/m Total $1.20 $0.59 103.4 Diluted Earnings per Common Share from ContinuingOperations, excluding Specified Items, as described below $1.45 $0.95 52.6 2) Average Number of Common Shares Outstanding Plus Dilutive Common Stock Options 1,789 1,781 NOTES: See tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations" for an explanation of certain non-GAAP financial information. n/m = Percent change is not meaningful. See footnotes below. 1) 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $135million of tax benefits related to the impairment of certain assets,approximately $25 million of net tax benefits as a result of the resolution of various tax positions related to prior years and approximately $10 million in excess tax benefits associated with share-based compensation. 2) 2020 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $454 million, or $0.25 per share, for intangible amortization and impairment expenses and other net expenses primarily associated with acquisitions and restructuring actions. 2019 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $656 million, or $0.36 per share, for intangible amortization expense and other expenses primarily associated with acquisitions and restructuring actions. Abbott Laboratories and Subsidiaries Condensed Consolidated Statement of Earnings Year Ended December 31, 2020 and 2019 (in millions, except per share data) (unaudited) 12M20 12M19 % Change Net Sales $34,608 $31,904 8.5 Cost of products sold, excluding amortization expense 15,003 13,231 13.4 Amortization of intangible assets 2,132 1,936 10.1 Research and development 2,420 2,440 (0.8) 1) Selling, general, and administrative 9,696 9,765 (0.7) Total Operating Cost and Expenses 29,251 27,372 6.9 Operating Earnings 5,357 4,532 18.2 Interest expense, net 500 576 (13.2) Net foreign exchange (gain) loss (8) 7 n/m Debt extinguishment costs -- 63 n/m Other (income) expense, net (103) (191) (46.5) Earnings from Continuing Operations before taxes 4,968 4,077 21.8 Tax expense on Earnings from Continuing Operations 497 390 27.3 2) Earnings from Continuing Operations 4,471 3,687 21.2 Earnings from Discontinued Operations, net of taxes 24 -- n/m Net Earnings $4,495 $3,687 21.9 Earnings from Continuing Operations, excludingSpecified Items, as described below $6,552 $5,810 12.8 3) Diluted Earnings per Common Share from: Continuing Operations $2.49 $2.06 20.9 Discontinued Operations 0.01 -- n/m Total $2.50 $2.06 21.4 Diluted Earnings per Common Share from ContinuingOperations, excluding Specified Items, as described below $3.65 $3.24 12.7 3) Average Number of Common Shares Outstanding Plus Dilutive Common Stock Options 1,786 1,781 NOTES: See tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations" for an explanation of certain non-GAAP financial information. n/m = Percent change is not meaningful. See footnotes below. 1) In 2019, in conjunction with the acquisition of Cephea Valve Technologies, Inc., Abbott acquired an R&D asset valued at $102 million, which was immediately expensed. 2) 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $170million of tax benefits related to the impairment of certain assets, approximately $140 million of net tax benefits as a result of the resolution of various tax positions related to prior yearsand approximately $100 million in excess tax benefits associated with share-based compensation. 2019 Tax expense on Earnings from Continuing Operations includes the impact of a $86 million reduction of the transition tax associated with the Tax Cuts and Jobs Act (TCJA) and approximately $100 million in excess tax benefits associated with share-based compensation. 3) 2020 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $2.081 billion, or $1.16 per share, for intangible amortization expense, impairment charges and other net expense primarily associated with acquisitions, restructuring actions and income from a litigation settlement. 2019 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $2.123 billion, or $1.18 per share, for intangible amortization expense and other expenses primarily associated with acquisitions and restructuring actions. Abbott Laboratories and Subsidiaries Non-GAAP Reconciliation of Financial Information From Continuing Operations Fourth Quarter Ended December 31, 2020 and 2019 (in millions, except per share data) (unaudited) 4Q20 AsReported (GAAP) Specified Items As Adjusted % to Sales Intangible Amortization $ 508 $ (508) $ -- Gross Margin 5,700 557 6,257 58.5% R&D 698 (61) 637 6.0% SG&A 2,570 (56) 2,514 23.5% Other (income) expense, net (78) 23 (55) Earnings from Continuing Operations before taxes 2,388 651 3,039 Tax expense on Earnings from Continuing Operations 230 197 427 Earnings from Continuing Operations 2,158 454 2,612 Diluted Earnings per Share from Continuing Operations $1.20 $0.25 $1.45 Specified items reflect intangible amortization expense of $508 million and other net expenses of $143 million, primarily associated with acquisitions, restructuring actions and other expenses. See tables titled "Details of Specified Items" for additional details regarding specified items. 4Q19 AsReported (GAAP) Specified Items As Adjusted % to Sales Intangible Amortization $ 483 $ (483) $ -- Gross Margin 4,397 545 4,942 59.4% R&D 595 (39) 556 6.7% SG&A 2,413 (62) 2,351 28.3% Debt extinguishment costs 63 (63) -- Other (income) expense, net (51) (5) (56) Earnings from Continuing Operations before taxes 1,240 714 1,954 Tax expense on Earnings from Continuing Operations 191 58 249 Earnings from Continuing Operations 1,049 656 1,705 Diluted Earnings per Share from Continuing Operations $0.59 $0.36 $0.95 Specified items reflect intangible amortization expense of $483 million and other expenses of $231 million, primarily associated with acquisitions, restructuring actions and other expenses. See tables titled "Details of Specified Items" for additional details regarding specified items. Abbott Laboratories and Subsidiaries Non-GAAP Reconciliation of Financial Information From Continuing Operations Year Ended December 31, 2020 and 2019 (in millions, except per share data) (unaudited) 12M20 AsReported(GAAP) Specified Items AsAdjusted % toSales Intangible Amortization $ 2,132 $ (2,132) $ -- Gross Margin 17,473 2,452 19,925 57.6% R&D 2,420 (125) 2,295 6.6% SG&A 9,696 (75) 9,621 27.8% Other (income) expense, net (103) (88) (191) Earnings from Continuing Operations before taxes 4,968 2,740 7,708 Tax expense on Earnings from Continuing Operations 497 659 1,156 Earnings from Continuing Operations 4,471 2,081 6,552 Diluted Earnings per Share from Continuing Operations $2.49 $1.16 $3.65 Specified items reflect intangible amortization expense of $2.132 billion and other net expenses of $608 million, primarily associated with acquisitions, restructuring actions, asset impairments, other expenses and litigation settlement income. See tables titled "Details of Specified Items" for additional details regarding specified items. 12M19 AsReported (GAAP) Specified Items As Adjusted % to Sales Intangible Amortization $ 1,936 $ (1,936) $ -- Gross Margin 16,737 2,140 18,877 59.2% R&D 2,440 (198) 2,242 7.0% SG&A 9,765 (240) 9,525 29.9% Debt extinguishment costs 63 (63) -- Other (income) expense, net (191) (37) (228) Earnings from Continuing Operations before taxes 4,077 2,678 6,755 Tax expense on Earnings from Continuing Operations 390 555 945 Earnings from Continuing Operations 3,687 2,123 5,810 Diluted Earnings per Share from Continuing Operations $2.06 $1.18 $3.24 Specified items reflect intangible amortization expense of $1.936 billion and other expenses of $742 million, primarily associated with acquisitions, restructuring actions and other expenses. See tables titled "Details of Specified Items" for additional details regarding specified items. A reconciliation of the fourth-quarter tax rates for continuing operations for 2020 and 2019 is shown below: 4Q20 ($ in millions) Pre-Tax Income Taxes on Earnings Tax Rate As reported (GAAP) $2,388 $ 230 9.6% 1) Specified items 651 197 Excluding specified items $3,039 $427 14.1% 4Q19 ($ in millions) Pre-Tax Income Taxes on Earnings Tax Rate As reported (GAAP) $1,240 $191 15.4% Specified items 714 58 Excluding specified items $1,954 $249 12.8% 1) 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $135million of tax benefits related to the impairment of certain assets, approximately $25 million of net tax benefits as a result of the resolution of various tax positions related to prior yearsand approximately $10 million in excess tax benefits associated with share-based compensation. A reconciliation of the year-to-date tax rates for continuing operations for 2020 and 2019 is shown below: 12M20 ($ in millions) Pre-Tax Income Taxes on Earnings Tax Rate As reported (GAAP) $4,968 $497 10.0% 2) Specified items 2,740 659 Excluding specified items $7,708 $1,156 15.0% 12M19 ($ in millions) Pre-Tax Income Taxes on Earnings Tax Rate As reported (GAAP) $4,077 $390 9.6% 3) Specified items 2,678 555 Excluding specified items $6,755 $945 14.0% 2) 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $170million of tax benefits related to the impairment of certain assets, approximately $140 million of net tax benefits as a result of the resolution of various tax positions related to prior yearsand approximately $100 million in excess tax benefits associated with share-based compensation. 3) Reported tax rate on a GAAP basis for 2019 includes the impact of a $86 million reduction of the transition tax associated with the TCJA and approximately $100 million in excess tax benefits associated with share-based compensation. Abbott Laboratories and Subsidiaries Details of Specified Items Fourth Quarter Ended December 31, 2020 (in millions, except per share data) (unaudited) Acquisition or Divestiture-related (a) Restructuring and Cost Reduction Initiatives (b) Intangible Amortization Other (c) Total Specifieds Gross Margin $ 23 $ 23 $ 508 $ 3 $ 557 R&D (2) 6 -- (65) (61) SG&A (25) (4) -- (27) (56) Other (income) expense, net 24 -- -- (1) 23 Earnings from Continuing Operations before taxes $ 26 $ 21 $ 508 $ 96 651 Tax expense on Earnings from Continuing Operations (d) 197 Earnings from Continuing Operations $ 454 Diluted Earnings per Share from Continuing Operations $ 0.25 The table above provides additional details regarding the specified items described ontables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations." a) Acquisition-related expenses include integration costs, which represent incremental costs directly related to integrating the acquired businesses and include expenditures for retention and the integration of systems, processes and business activities. b) Restructuring and cost reduction initiative expenses include severance, outplacement, and other direct costs associated with specific restructuring plans and cost reduction initiatives. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. c) Other primarily relates to the impairment of an intangible asset and the net costs related to certain litigation. d) Reflects the net tax benefit associated with the specified items and excess tax benefits associated with share-based compensation. Abbott Laboratories and Subsidiaries Details of Specified Items Fourth Quarter Ended December 31, 2019 (in millions, except per share data) (unaudited) Acquisition or Divestiture-related (a) Restructuring and Cost Reduction Initiatives (b) Intangible Amortization Other (c) Total Specifieds Gross Margin $ 34 $ 28 $ 483 $ -- $ 545 R&D (15) (22) -- (2) (39) SG&A (39) (23) -- -- (62) Debt extinguishment costs -- -- -- (63) (63) Other (income) expense, net (5) -- -- -- (5) Earnings from Continuing Operations before taxes $ 93 $ 73 $ 483 $ 65 714 Tax expense on Earnings from Continuing Operations (d) 58 Earnings from Continuing Operations $ 656 Diluted Earnings per Share from Continuing Operations $ 0.36 The table above provides additional details regarding the specified items described on tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations." a) Acquisition-related expenses include costs for tax and other services related to business acquisitions, integration costs which represent incremental costs directly related to integrating the acquired businesses and include expenditures for retention, severance, and the integration of systems, processes and business activities. b) Restructuring and cost reduction initiative expenses include severance, outplacement, asset impairments, and other direct costs associated with specific restructuring plans and cost reduction initiatives. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. c) Other primarily relates to costs associated with the early extinguishment of debt. d) Reflects the net tax benefit associated with the specified items and excess tax benefits associated with share-based compensation. Abbott Laboratories and Subsidiaries Details of Specified Items Year Ended December 31, 2020 (in millions, except per share data) (unaudited) Acquisition or Divestiture-related (a) Restructuring and Cost Reduction Initiatives (b) Intangible Amortization Other (c) Total Specifieds Gross Margin $ 84 $ 80 $ 2,132 $ 156 $ 2,452 R&D (10) (3) -- (112) (125) SG&A (108) (40) -- 73 (75) Other (income) expense, net 21 -- -- (109) (88) Earnings from Continuing Operations before taxes $ 181 $ 123 $ 2,132 $ 304 2,740 Tax expense on Earnings from Continuing Operations (d) 659 Earnings from Continuing Operations $ 2,081 Diluted Earnings per Share from Continuing Operations $ 1.16 The table above provides additional details regarding the specified items described on tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations." a) Acquisition-related expenses include integration costs, which represent incremental costs directly related to integrating the acquired businesses and include expenditures for retention, severance, and the integration of systems, processes and business activities. b) Restructuring and cost reduction initiative expenses include severance, outplacement, and other direct costs associated with specific restructuring plans and cost reduction initiatives. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. c) Other primarily relates to impairment charges related to certain assets and the costs to acquire R&D assets, partially offset by income from the settlement of litigation. d) Reflects the net tax benefit associated with the specified items, the resolution of prior years'tax positions and excess tax benefits associated with share-based compensation. Abbott Laboratories and Subsidiaries Details of Specified Items Year Ended December 31, 2019 (in millions, except per share data) (unaudited) Acquisition or Divestiture-related (a) Restructuring and Cost Reduction Initiatives (b) Intangible Amortization Other (c) Total Specifieds Gross Margin $ 103 $ 101 $ 1,936 $ -- $ 2,140 R&D (38) (44) -- (116) (198) SG&A (153) (70) -- (17) (240) Debt extinguishment costs -- -- -- (63) (63) Other (income) expense, net (15) -- -- (22) (37) Earnings from Continuing Operations before taxes $ 309 $ 215 $ 1,936 $ 218 2,678 Tax expense on Earnings from Continuing Operations (d) 555 Earnings from Continuing Operations $ 2,123 Diluted Earnings per Share from Continuing Operations $ 1.18 The table above provides additional details regarding the specified items described on tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations." a) Acquisition-related expenses include costs for tax and other services related to business acquisitions, integration costs which represent incremental costs directly related to integrating the acquired businesses and include expenditures for retention, severance, and the integration of systems, processes and business activities, and fair value adjustments to contingent consideration related to a business acquisition. b) Restructuring and cost reduction initiative expenses include severance, outplacement, asset impairments, and other direct costs associated with specific restructuring plans and cost reduction initiatives. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. c) Other primarily relates to the acquisition of R&D assets, costs associated with the early extinguishment of debt, charges related to the impairment of certain assets, and expenses related to certain litigation settlements. d) Reflects the net tax benefit associated with the specified items, a reduction in the transition tax associated with the TCJA and excess tax benefits associated with share-based compensation. SOURCE Abbott Related Links http://www.abbott.com Answer:
Abbott Reports Fourth-Quarter 2020 Results; Issues Strong Double-Digit Growth Forecast for 2021
ABBOTT PARK, Ill., Jan. 27, 2021 /PRNewswire/ --Abbott (NYSE: ABT) today announced financial results for the fourth quarter and full year ended Dec. 31, 2020, and issued its financial outlook for 2021. Fourth-quarter sales of $10.7 billion increased 28.7 percent on a reported basis and 28.4 percent on an organic basis, which excludes the impact of foreign exchange. Fourth-quarter GAAP diluted EPS was $1.20 and adjusted diluted EPS, which excludes specified items, was $1.45, reflecting 52.6 percent growth versus the prior year.1 Full-year 2020 GAAP diluted EPS from continuing operations was $2.49 and adjusted diluted EPS from continuing operations was $3.65, at the upper-end of guidance range issued in January 2020.2 Abbott issues full-year 2021 guidance for diluted EPS from continuing operations on a GAAP basis of at least $3.74 and full-year adjusted diluted EPS from continuing operations of at least $5.00, reflecting growth of more than 35 percent versus the prior year.3 In the fourth quarter, global COVID-19 testing-related sales were $2.4 billion, led by combined sales of $1.9 billion from Abbott's BinaxNOW, Panbio and ID NOW rapid testing platforms. R&D pipeline continued to be highly productive in 2020: U.S. approval of FreeStyle Libre 2 and CE Mark of FreeStyle Libre 3 and Libre Sense Glucose Sport Biosensor; CE Mark of MitraClip G4, TriClip and Tendyne heart valve devices; U.S. approval of Gallant cardiac rhythm devices; CE Mark of EnSite X 3D cardiac mapping system; portfolio expansions in Nutrition and Established Pharmaceuticals. "Despite challenging conditions, we achieved double-digit EPS growth, delivered ground-breaking innovation and advanced our new product pipeline in 2020," said Robert B. Ford, president and chief executive officer, Abbott. "We exited the year with a lot of momentum and are forecasting EPS growth of more than 35 percent in 2021." FOURTH-QUARTER BUSINESS OVERVIEWNote: Management believes that measuring sales growth rates on an organic basis is an appropriate way for investors to best understand the underlying performance of the business. Organic sales growth excludes the impact of foreign exchange. Following are sales by business segment and commentary for the fourth quarter 2020: Total Company($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total * 4,199 6,502 10,701 41.8 21.4 28.7 41.8 20.9 28.4 Nutrition 841 1,095 1,936 6.5 1.4 3.6 6.5 2.9 4.4 Diagnostics 1,981 2,364 4,345 158.5 83.0 111.1 158.5 79.6 108.9 Established Pharmaceuticals -- 1,147 1,147 n/a (2.3) (2.3) n/a 3.4 3.4 Medical Devices 1,369 1,888 3,257 (2.5) 4.9 1.7 (2.5) 1.2 (0.4) * Total Q4 2020 Abbott sales from continuing operations include Other Sales of approximately $16 million. % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total * 13,022 21,586 34,608 14.2 5.3 8.5 14.2 7.3 9.8 Nutrition 3,279 4,368 7,647 5.4 1.6 3.2 5.4 4.2 4.7 Diagnostics 4,774 6,031 10,805 65.3 25.0 40.1 65.3 25.8 40.6 Established Pharmaceuticals -- 4,303 4,303 n/a (4.1) (4.1) n/a 1.9 1.9 Medical Devices 4,931 6,856 11,787 (8.2) (0.1) (3.7) (8.2) (0.3) (3.8) * Total 12M 2020 Abbott sales from continuing operations include Other Sales of approximately $66 million. n/a = Not Applicable. Note: In order to compute results excluding the impact of exchange rates, current year U.S. dollar sales are multiplied or divided, as appropriate, by the current year average foreign exchange rates and then those amounts are multiplied or divided, as appropriate, by the prior year average foreign exchange rates. Fourth-quarter 2020 worldwide sales of $10.7 billion increased 28.7 percent on a reported basis and 28.4 percent on an organic basis. Nutrition($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 841 1,095 1,936 6.5 1.4 3.6 6.5 2.9 4.4 Pediatric 497 511 1,008 5.2 (9.5) (2.8) 5.2 (8.4) (2.2) Adult 344 584 928 8.4 13.4 11.5 8.4 15.3 12.7 % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 3,279 4,368 7,647 5.4 1.6 3.2 5.4 4.2 4.7 Pediatric 1,987 2,140 4,127 5.8 (6.2) (0.8) 5.8 (4.1) 0.3 Adult 1,292 2,228 3,520 4.9 10.5 8.4 4.9 13.6 10.3 Worldwide Nutrition sales increased 3.6 percent on a reported basis and 4.4 percent on an organic basis in the fourth quarter. Strong performance of Ensure, Abbott's market-leading complete and balanced nutrition brand, and Glucerna, Abbott's market-leading diabetes nutrition brand, led to global Adult Nutrition sales growth of 11.5 percent on a reported basis and 12.7 percent on an organic basis. In Pediatric Nutrition, U.S. sales growth of 5.2 percent was led by share growth of Similac, Abbott's infant formula brand, which was offset by challenging conditions in Greater China. Diagnostics($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 1,981 2,364 4,345 158.5 83.0 111.1 158.5 79.6 108.9 Core Laboratory 326 997 1,323 10.9 4.3 5.9 10.9 3.3 5.1 Molecular 192 290 482 427.0 263.1 314.5 427.0 254.2 308.3 Point of Care 91 38 129 (11.9) 14.2 (5.5) (11.9) 12.3 (6.0) Rapid Diagnostics 1,372 1,039 2,411 312.2 366.2 333.9 312.2 354.0 329.0 % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 4,774 6,031 10,805 65.3 25.0 40.1 65.3 25.8 40.6 Core Laboratory 1,166 3,309 4,475 7.3 (7.3) (3.9) 7.3 (5.9) (2.8) Molecular 621 817 1,438 315.5 178.8 224.9 315.5 179.9 225.7 Point of Care 369 147 516 (15.9) 20.2 (8.0) (15.9) 20.6 (7.9) Rapid Diagnostics 2,618 1,758 4,376 115.7 109.2 113.0 115.7 107.4 112.3 Worldwide Diagnostics sales increased 111.1 percent on a reported basis in the fourth quarter and increased 108.9 percent on an organic basis. Strong growth in the quarter was driven by demand for Abbott's portfolio of COVID-19 diagnostics tests across its rapid and lab-based platforms. Global COVID-19 testing-related sales were $2.4 billion in the fourth quarter, led by combined sales of $1.9 billion from Abbott's BinaxNOW, Panbio and ID NOW rapid testing platforms. During 2020, Abbott mobilized its teams across multiple fronts to develop and launch multiple diagnostic tests for COVID-19: U.S. Emergency Use Authorization (EUA) of BinaxNOW COVID-19 Ag Card test, a portable, lateral flow rapid antigen test to detect COVID-19. CE Mark and World Health Organization emergency use listing of Panbio rapid antigen test to detect COVID-19. U.S. EUA of molecular test to detect COVID-19 on its ID NOW rapid point-of-care platform. U.S. EUA and CE Mark of molecular test on its m2000 RealTime lab-based platform to detect COVID-19. U.S. EUA and CE Mark of molecular test on its Alinity m system to detect COVID-19. U.S. EUA and CE Mark of IgG (Immunoglobulin G) lab-based serology blood test on its ARCHITECT i1000SR and i2000SR laboratory instruments for the detection of an antibody to determine if someone was previously infected with the virus. U.S. EUA and CE Mark of SARS-CoV-2 IgG lab-based serology blood test on its Alinity i system. Lateral flow COVID-19 rapid antibody test on its Panbio system in select countries for the detection of an antibody to determine if someone was previously infected with the virus. U.S. EUA and CE Mark of AdviseDx SARS-CoV-2 IgM (Immunoglobulin M) lab-based serology test for use on its ARCHITECT and Alinity platforms. CE Mark of IgG (Immunoglobulin G) quantitative lab-based serology test for use on its ARCHITECT and Alinity platforms. CE Mark of multiplex molecular tests on its Alinity m system to detect COVID-19, Flu A/B and RSV. Established Pharmaceuticals($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total -- 1,147 1,147 n/a (2.3) (2.3) n/a 3.4 3.4 Key Emerging Markets -- 833 833 n/a (7.1) (7.1) n/a 1.1 1.1 Other -- 314 314 n/a 13.0 13.0 n/a 10.8 10.8 % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total -- 4,303 4,303 n/a (4.1) (4.1) n/a 1.9 1.9 Key Emerging Markets -- 3,209 3,209 n/a (5.4) (5.4) n/a 2.6 2.6 Other -- 1,094 1,094 n/a - - n/a (0.5) (0.5) Established Pharmaceuticals sales decreased 2.3 percent on a reported basis in the fourth quarter and increased 3.4 percent on an organic basis. Key Emerging Markets include India, Brazil, Russia and China along with several additional emerging countries that represent the most attractive long-term growth opportunities for Abbott's branded generics product portfolio. Sales in these geographies decreased 7.1 percent on a reported basis in the quarter and increased 1.1 percent on an organic basis. Organic sales growth in India, Russia and Brazil was partially offset by market softness across several countries as a result of COVID-19. Other sales increased 13.0 percent on a reported basis in the quarter and increased 10.8 percent on an organic basis, led by strong sales of Influvac. Medical Devices ($ in millions) % Change vs. 4Q19 Sales 4Q20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 1,369 1,888 3,257 (2.5) 4.9 1.7 (2.5) 1.2 (0.4) Rhythm Management 248 284 532 (6.8) 2.1 (2.3) (6.8) (1.7) (4.2) Electrophysiology 184 266 450 (4.5) 0.1 (1.9) (4.5) (3.6) (4.0) Heart Failure 136 53 189 (6.7) 0.4 (4.8) (6.7) (2.3) (5.5) Vascular 225 378 603 (14.0) (16.6) (15.6) (14.0) (19.0) (17.1) Structural Heart 154 199 353 (9.1) (3.3) (5.9) (9.1) (7.0) (7.9) Neuromodulation 172 41 213 (1.6) (12.7) (4.0) (1.6) (15.7) (4.6) Diabetes Care 250 667 917 29.3 34.1 32.7 29.3 29.1 29.2 Vascular Product Lines: Coronary and Endovasculara) 210 377 587 (12.3) (16.4) (15.0) (12.3) (18.8) (16.5) a) Includes drug-eluting stents, balloon catheters, guidewires, vascular imaging/diagnostics products, vessel closure,carotid and other coronary and peripheral products. % Change vs. 12M19 Sales 12M20 Reported Organic U.S. Int'l Total U.S. Int'l Total U.S. Int'l Total Total 4,931 6,856 11,787 (8.2) (0.1) (3.7) (8.2) (0.3) (3.8) Rhythm Management 903 1,011 1,914 (14.5) (7.1) (10.7) (14.5) (7.2) (10.8) Electrophysiology 660 918 1,578 (11.0) (6.2) (8.3) (11.0) (6.8) (8.6) Heart Failure 547 193 740 (4.7) (1.3) (3.9) (4.7) (1.3) (3.9) Vascular 853 1,486 2,339 (18.6) (17.6) (18.0) (18.6) (17.4) (17.8) Structural Heart 540 707 1,247 (12.2) (9.9) (10.9) (12.2) (10.3) (11.2) Neuromodulation 564 138 702 (14.6) (19.2) (15.5) (14.6) (19.0) (15.5) Diabetes Care 864 2,403 3,267 27.4 30.2 29.5 27.4 30.1 29.4 Vascular Product Lines: Coronary and Endovasculara) 785 1,478 2,263 (17.1) (17.5) (17.4) (17.1) (17.3) (17.3) a) Includes drug-eluting stents, balloon catheters, guidewires, vascular imaging/diagnostics products, vessel closure,carotid and other coronary and peripheral products. Worldwide Medical Devices sales increased 1.7 percent on a reported basis in the fourth quarter and decreased 0.4 percent on an organic basis. Strong growth in Diabetes Care, led by FreeStyle Libre, was offset by reduced cardiovascular and neuromodulation procedure volumes due to the COVID-19 pandemic and lower Vascular sales in China, as a result of a new national tender program in that country. Excluding Vascular sales in China, global Vascular sales decreased 10.4 percent on an organic basis, and Medical Devices sales increased 1.4 percent on an organic basis in the fourth quarter. In Diabetes Care, strong growth in the quarter was led by FreeStyle Libre, which grew 41.3 percent on a reported basis and 37.1 percent on an organic basis. For the full year, FreeStyle Libre grew 43.1 percent on a reported basis and 42.6 percent on an organic basis. Abbott continues to strengthen its Medical Devices portfolio, with several key product approvals in 2020, including: U.S. FDA clearance of FreeStyle Libre 2 as an integrated continuous glucose monitoring (iCGM) system for adults and children ages 4 and older with diabetes, achieving the highest level of accuracy and performance standards.4 CE Mark of FreeStyle Libre 3, which automatically delivers up-to-the-minute glucose readings, unsurpassed 14-day accuracy5 and real-time glucose alarms in the world's smallest and thinnest6 wearable glucose sensor. CE Mark of Libre Sense Glucose Sport Biosensor, a small wearable sensor that helps athletes better understand the efficacy of their nutritional choices on training and athletic performance. CE Mark of MitraClip G4, Abbott's next-generation MitraClip heart system, the leading minimally invasive mitral heart valve repair device in the world. CE Mark of TriClip, the world's first minimally invasive, clip-based device for repair of a leaky tricuspid heart valve. CE Mark of Tendyne, a first-of-its-kind technology to replace a faulty mitral heart valve. U.S. approval of Gallant implantable cardioverter defibrillator (ICD) and cardiac resynchronization therapy defibrillator (CRT-D) devices, which include Bluetooth technology and a new patient smartphone app for improved remote monitoring and enhanced patient-physician engagement to help manage heart rhythm disorders. CE Mark of EnSite X EP System, a next-generation 3D cardiac mapping platform used for ablation therapy to treat abnormal heart rhythms. U.S. FDA clearance and CE Mark of the IonicRF Generator, a non-surgical, minimally invasive device that uses heat to target specific nerves for the management of chronic pain. ABBOTT ISSUES GUIDANCE FOR 2021Abbott projects full-year 2021 diluted earnings per share from continuing operations under GAAP of at least $3.74. Abbott forecasts specified items for the full-year 2021 of $1.26 primarily related to intangible amortization, expenses associated with acquisitions, restructuring and cost reduction initiatives and other net expenses. Excluding specified items, projected adjusted diluted earnings per share from continuing operations would be at least $5.00 for full-year 2021. ABBOTT DECLARES 388THCONSECUTIVE QUARTERLY DIVIDEND On Dec. 11, 2020, the board of directors of Abbott increased the company's quarterly dividend to $0.45 per share from $0.36 per share, an increase of 25 percent. Abbott's cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021. Abbott has increased its dividend payout for 49 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years. About Abbott: Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries. Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbottand on Twitter @AbbottNews. Abbott will live webcast its fourth-quarter earnings conference call through its Investor Relations website at www.abbottinvestor.comat 8 a.m. Central time today. An archived edition of the webcast will be available later that day. Private Securities Litigation Reform Act of 1995 A Caution Concerning Forward-Looking Statements Some statements in this news release may be forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. Abbott cautions that these forward-looking statements are subject to risks and uncertainties, including the impact of the COVID-19 pandemic on Abbott's operations and financial results, that may cause actual results to differ materially from those indicated in the forward-looking statements. Economic, competitive, governmental, technological and other factors that may affect Abbott's operations are discussed in Item 1A, "Risk Factors" in our Annual Report on Form 10-K for the year ended Dec. 31, 2019 and in Item 1A, "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, and are incorporated herein by reference. Abbott undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law. 1 Fourth-quarter 2020 diluted EPS from continuing operations on a GAAP basis reflects 103.4 percent growth. 2 Full year 2020 diluted EPS from continuing operations on a GAAP basis exceeded the guidance range Abbott issued in January 2020 of $2.35 to $2.45. 3 Full year 2021 guidance for diluted EPS from continuing operations on a GAAP basis reflects growth of at least 50 percent versus the prior year. 4 Based on FDA iCGM special controls. 5 Alva Shridhara,Timothy Bailey,Ronald Brazg,Erwin S. Budiman,Kristin Castorino,Mark P. Christiansen,Gregory Forlenza,Mark Kipnes,David R. Liljenquist, andHanqing Liu. "Accuracy of a 14-Day Factory-Calibrated Continuous Glucose Monitoring System With Advanced Algorithm in Pediatric and Adult Population With Diabetes." Journal of Diabetes Science and Technology, (September 2020).https://doi.org/10.1177/1932296820958754. 6 Among patient-applied sensors. Data on File, Abbott Diabetes Care. Abbott Laboratories and Subsidiaries Condensed Consolidated Statement of Earnings Fourth Quarter Ended December 31, 2020 and 2019 (in millions, except per share data) (unaudited) 4Q20 4Q19 % Change Net Sales $10,701 $8,314 28.7 Cost of products sold, excluding amortization expense 4,493 3,434 30.8 Amortization of intangible assets 508 483 5.2 Research and development 698 595 17.5 Selling, general, and administrative 2,570 2,413 6.5 Total Operating Cost and Expenses 8,269 6,925 19.4 Operating Earnings 2,432 1,389 75.0 Interest expense, net 127 139 (8.3) Net foreign exchange (gain) loss (5) (2) n/m Debt extinguishment costs -- 63 n/m Other (income) expense, net (78) (51) 49.6 Earnings from Continuing Operations before taxes 2,388 1,240 92.4 Tax expense on Earnings from Continuing Operations 230 191 20.2 1) Earnings from Continuing Operations 2,158 1,049 105.5 Earnings from Discontinued Operations, net of taxes 4 -- n/m Net Earnings $2,162 $1,049 105.9 Earnings from Continuing Operations, excludingSpecified Items, as described below $2,612 $1,705 53.2 2) Diluted Earnings per Common Share from: Continuing Operations $1.20 $0.59 103.4 Discontinued Operations -- -- n/m Total $1.20 $0.59 103.4 Diluted Earnings per Common Share from ContinuingOperations, excluding Specified Items, as described below $1.45 $0.95 52.6 2) Average Number of Common Shares Outstanding Plus Dilutive Common Stock Options 1,789 1,781 NOTES: See tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations" for an explanation of certain non-GAAP financial information. n/m = Percent change is not meaningful. See footnotes below. 1) 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $135million of tax benefits related to the impairment of certain assets,approximately $25 million of net tax benefits as a result of the resolution of various tax positions related to prior years and approximately $10 million in excess tax benefits associated with share-based compensation. 2) 2020 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $454 million, or $0.25 per share, for intangible amortization and impairment expenses and other net expenses primarily associated with acquisitions and restructuring actions. 2019 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $656 million, or $0.36 per share, for intangible amortization expense and other expenses primarily associated with acquisitions and restructuring actions. Abbott Laboratories and Subsidiaries Condensed Consolidated Statement of Earnings Year Ended December 31, 2020 and 2019 (in millions, except per share data) (unaudited) 12M20 12M19 % Change Net Sales $34,608 $31,904 8.5 Cost of products sold, excluding amortization expense 15,003 13,231 13.4 Amortization of intangible assets 2,132 1,936 10.1 Research and development 2,420 2,440 (0.8) 1) Selling, general, and administrative 9,696 9,765 (0.7) Total Operating Cost and Expenses 29,251 27,372 6.9 Operating Earnings 5,357 4,532 18.2 Interest expense, net 500 576 (13.2) Net foreign exchange (gain) loss (8) 7 n/m Debt extinguishment costs -- 63 n/m Other (income) expense, net (103) (191) (46.5) Earnings from Continuing Operations before taxes 4,968 4,077 21.8 Tax expense on Earnings from Continuing Operations 497 390 27.3 2) Earnings from Continuing Operations 4,471 3,687 21.2 Earnings from Discontinued Operations, net of taxes 24 -- n/m Net Earnings $4,495 $3,687 21.9 Earnings from Continuing Operations, excludingSpecified Items, as described below $6,552 $5,810 12.8 3) Diluted Earnings per Common Share from: Continuing Operations $2.49 $2.06 20.9 Discontinued Operations 0.01 -- n/m Total $2.50 $2.06 21.4 Diluted Earnings per Common Share from ContinuingOperations, excluding Specified Items, as described below $3.65 $3.24 12.7 3) Average Number of Common Shares Outstanding Plus Dilutive Common Stock Options 1,786 1,781 NOTES: See tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations" for an explanation of certain non-GAAP financial information. n/m = Percent change is not meaningful. See footnotes below. 1) In 2019, in conjunction with the acquisition of Cephea Valve Technologies, Inc., Abbott acquired an R&D asset valued at $102 million, which was immediately expensed. 2) 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $170million of tax benefits related to the impairment of certain assets, approximately $140 million of net tax benefits as a result of the resolution of various tax positions related to prior yearsand approximately $100 million in excess tax benefits associated with share-based compensation. 2019 Tax expense on Earnings from Continuing Operations includes the impact of a $86 million reduction of the transition tax associated with the Tax Cuts and Jobs Act (TCJA) and approximately $100 million in excess tax benefits associated with share-based compensation. 3) 2020 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $2.081 billion, or $1.16 per share, for intangible amortization expense, impairment charges and other net expense primarily associated with acquisitions, restructuring actions and income from a litigation settlement. 2019 Net Earnings and Diluted Earnings per Common Share from Continuing Operations, excluding Specified Items, excludes net after-tax charges of $2.123 billion, or $1.18 per share, for intangible amortization expense and other expenses primarily associated with acquisitions and restructuring actions. Abbott Laboratories and Subsidiaries Non-GAAP Reconciliation of Financial Information From Continuing Operations Fourth Quarter Ended December 31, 2020 and 2019 (in millions, except per share data) (unaudited) 4Q20 AsReported (GAAP) Specified Items As Adjusted % to Sales Intangible Amortization $ 508 $ (508) $ -- Gross Margin 5,700 557 6,257 58.5% R&D 698 (61) 637 6.0% SG&A 2,570 (56) 2,514 23.5% Other (income) expense, net (78) 23 (55) Earnings from Continuing Operations before taxes 2,388 651 3,039 Tax expense on Earnings from Continuing Operations 230 197 427 Earnings from Continuing Operations 2,158 454 2,612 Diluted Earnings per Share from Continuing Operations $1.20 $0.25 $1.45 Specified items reflect intangible amortization expense of $508 million and other net expenses of $143 million, primarily associated with acquisitions, restructuring actions and other expenses. See tables titled "Details of Specified Items" for additional details regarding specified items. 4Q19 AsReported (GAAP) Specified Items As Adjusted % to Sales Intangible Amortization $ 483 $ (483) $ -- Gross Margin 4,397 545 4,942 59.4% R&D 595 (39) 556 6.7% SG&A 2,413 (62) 2,351 28.3% Debt extinguishment costs 63 (63) -- Other (income) expense, net (51) (5) (56) Earnings from Continuing Operations before taxes 1,240 714 1,954 Tax expense on Earnings from Continuing Operations 191 58 249 Earnings from Continuing Operations 1,049 656 1,705 Diluted Earnings per Share from Continuing Operations $0.59 $0.36 $0.95 Specified items reflect intangible amortization expense of $483 million and other expenses of $231 million, primarily associated with acquisitions, restructuring actions and other expenses. See tables titled "Details of Specified Items" for additional details regarding specified items. Abbott Laboratories and Subsidiaries Non-GAAP Reconciliation of Financial Information From Continuing Operations Year Ended December 31, 2020 and 2019 (in millions, except per share data) (unaudited) 12M20 AsReported(GAAP) Specified Items AsAdjusted % toSales Intangible Amortization $ 2,132 $ (2,132) $ -- Gross Margin 17,473 2,452 19,925 57.6% R&D 2,420 (125) 2,295 6.6% SG&A 9,696 (75) 9,621 27.8% Other (income) expense, net (103) (88) (191) Earnings from Continuing Operations before taxes 4,968 2,740 7,708 Tax expense on Earnings from Continuing Operations 497 659 1,156 Earnings from Continuing Operations 4,471 2,081 6,552 Diluted Earnings per Share from Continuing Operations $2.49 $1.16 $3.65 Specified items reflect intangible amortization expense of $2.132 billion and other net expenses of $608 million, primarily associated with acquisitions, restructuring actions, asset impairments, other expenses and litigation settlement income. See tables titled "Details of Specified Items" for additional details regarding specified items. 12M19 AsReported (GAAP) Specified Items As Adjusted % to Sales Intangible Amortization $ 1,936 $ (1,936) $ -- Gross Margin 16,737 2,140 18,877 59.2% R&D 2,440 (198) 2,242 7.0% SG&A 9,765 (240) 9,525 29.9% Debt extinguishment costs 63 (63) -- Other (income) expense, net (191) (37) (228) Earnings from Continuing Operations before taxes 4,077 2,678 6,755 Tax expense on Earnings from Continuing Operations 390 555 945 Earnings from Continuing Operations 3,687 2,123 5,810 Diluted Earnings per Share from Continuing Operations $2.06 $1.18 $3.24 Specified items reflect intangible amortization expense of $1.936 billion and other expenses of $742 million, primarily associated with acquisitions, restructuring actions and other expenses. See tables titled "Details of Specified Items" for additional details regarding specified items. A reconciliation of the fourth-quarter tax rates for continuing operations for 2020 and 2019 is shown below: 4Q20 ($ in millions) Pre-Tax Income Taxes on Earnings Tax Rate As reported (GAAP) $2,388 $ 230 9.6% 1) Specified items 651 197 Excluding specified items $3,039 $427 14.1% 4Q19 ($ in millions) Pre-Tax Income Taxes on Earnings Tax Rate As reported (GAAP) $1,240 $191 15.4% Specified items 714 58 Excluding specified items $1,954 $249 12.8% 1) 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $135million of tax benefits related to the impairment of certain assets, approximately $25 million of net tax benefits as a result of the resolution of various tax positions related to prior yearsand approximately $10 million in excess tax benefits associated with share-based compensation. A reconciliation of the year-to-date tax rates for continuing operations for 2020 and 2019 is shown below: 12M20 ($ in millions) Pre-Tax Income Taxes on Earnings Tax Rate As reported (GAAP) $4,968 $497 10.0% 2) Specified items 2,740 659 Excluding specified items $7,708 $1,156 15.0% 12M19 ($ in millions) Pre-Tax Income Taxes on Earnings Tax Rate As reported (GAAP) $4,077 $390 9.6% 3) Specified items 2,678 555 Excluding specified items $6,755 $945 14.0% 2) 2020 Tax expense on Earnings from Continuing Operations includes the recognition of approximately $170million of tax benefits related to the impairment of certain assets, approximately $140 million of net tax benefits as a result of the resolution of various tax positions related to prior yearsand approximately $100 million in excess tax benefits associated with share-based compensation. 3) Reported tax rate on a GAAP basis for 2019 includes the impact of a $86 million reduction of the transition tax associated with the TCJA and approximately $100 million in excess tax benefits associated with share-based compensation. Abbott Laboratories and Subsidiaries Details of Specified Items Fourth Quarter Ended December 31, 2020 (in millions, except per share data) (unaudited) Acquisition or Divestiture-related (a) Restructuring and Cost Reduction Initiatives (b) Intangible Amortization Other (c) Total Specifieds Gross Margin $ 23 $ 23 $ 508 $ 3 $ 557 R&D (2) 6 -- (65) (61) SG&A (25) (4) -- (27) (56) Other (income) expense, net 24 -- -- (1) 23 Earnings from Continuing Operations before taxes $ 26 $ 21 $ 508 $ 96 651 Tax expense on Earnings from Continuing Operations (d) 197 Earnings from Continuing Operations $ 454 Diluted Earnings per Share from Continuing Operations $ 0.25 The table above provides additional details regarding the specified items described ontables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations." a) Acquisition-related expenses include integration costs, which represent incremental costs directly related to integrating the acquired businesses and include expenditures for retention and the integration of systems, processes and business activities. b) Restructuring and cost reduction initiative expenses include severance, outplacement, and other direct costs associated with specific restructuring plans and cost reduction initiatives. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. c) Other primarily relates to the impairment of an intangible asset and the net costs related to certain litigation. d) Reflects the net tax benefit associated with the specified items and excess tax benefits associated with share-based compensation. Abbott Laboratories and Subsidiaries Details of Specified Items Fourth Quarter Ended December 31, 2019 (in millions, except per share data) (unaudited) Acquisition or Divestiture-related (a) Restructuring and Cost Reduction Initiatives (b) Intangible Amortization Other (c) Total Specifieds Gross Margin $ 34 $ 28 $ 483 $ -- $ 545 R&D (15) (22) -- (2) (39) SG&A (39) (23) -- -- (62) Debt extinguishment costs -- -- -- (63) (63) Other (income) expense, net (5) -- -- -- (5) Earnings from Continuing Operations before taxes $ 93 $ 73 $ 483 $ 65 714 Tax expense on Earnings from Continuing Operations (d) 58 Earnings from Continuing Operations $ 656 Diluted Earnings per Share from Continuing Operations $ 0.36 The table above provides additional details regarding the specified items described on tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations." a) Acquisition-related expenses include costs for tax and other services related to business acquisitions, integration costs which represent incremental costs directly related to integrating the acquired businesses and include expenditures for retention, severance, and the integration of systems, processes and business activities. b) Restructuring and cost reduction initiative expenses include severance, outplacement, asset impairments, and other direct costs associated with specific restructuring plans and cost reduction initiatives. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. c) Other primarily relates to costs associated with the early extinguishment of debt. d) Reflects the net tax benefit associated with the specified items and excess tax benefits associated with share-based compensation. Abbott Laboratories and Subsidiaries Details of Specified Items Year Ended December 31, 2020 (in millions, except per share data) (unaudited) Acquisition or Divestiture-related (a) Restructuring and Cost Reduction Initiatives (b) Intangible Amortization Other (c) Total Specifieds Gross Margin $ 84 $ 80 $ 2,132 $ 156 $ 2,452 R&D (10) (3) -- (112) (125) SG&A (108) (40) -- 73 (75) Other (income) expense, net 21 -- -- (109) (88) Earnings from Continuing Operations before taxes $ 181 $ 123 $ 2,132 $ 304 2,740 Tax expense on Earnings from Continuing Operations (d) 659 Earnings from Continuing Operations $ 2,081 Diluted Earnings per Share from Continuing Operations $ 1.16 The table above provides additional details regarding the specified items described on tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations." a) Acquisition-related expenses include integration costs, which represent incremental costs directly related to integrating the acquired businesses and include expenditures for retention, severance, and the integration of systems, processes and business activities. b) Restructuring and cost reduction initiative expenses include severance, outplacement, and other direct costs associated with specific restructuring plans and cost reduction initiatives. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. c) Other primarily relates to impairment charges related to certain assets and the costs to acquire R&D assets, partially offset by income from the settlement of litigation. d) Reflects the net tax benefit associated with the specified items, the resolution of prior years'tax positions and excess tax benefits associated with share-based compensation. Abbott Laboratories and Subsidiaries Details of Specified Items Year Ended December 31, 2019 (in millions, except per share data) (unaudited) Acquisition or Divestiture-related (a) Restructuring and Cost Reduction Initiatives (b) Intangible Amortization Other (c) Total Specifieds Gross Margin $ 103 $ 101 $ 1,936 $ -- $ 2,140 R&D (38) (44) -- (116) (198) SG&A (153) (70) -- (17) (240) Debt extinguishment costs -- -- -- (63) (63) Other (income) expense, net (15) -- -- (22) (37) Earnings from Continuing Operations before taxes $ 309 $ 215 $ 1,936 $ 218 2,678 Tax expense on Earnings from Continuing Operations (d) 555 Earnings from Continuing Operations $ 2,123 Diluted Earnings per Share from Continuing Operations $ 1.18 The table above provides additional details regarding the specified items described on tables titled "Non-GAAP Reconciliation of Financial Information From Continuing Operations." a) Acquisition-related expenses include costs for tax and other services related to business acquisitions, integration costs which represent incremental costs directly related to integrating the acquired businesses and include expenditures for retention, severance, and the integration of systems, processes and business activities, and fair value adjustments to contingent consideration related to a business acquisition. b) Restructuring and cost reduction initiative expenses include severance, outplacement, asset impairments, and other direct costs associated with specific restructuring plans and cost reduction initiatives. Restructuring and cost reduction plans consist of distinct initiatives to streamline operations including the consolidation and rationalization of business activities and facilities, workforce reductions, the transfer of product lines between manufacturing facilities, and the transfer of other business activities between sites. c) Other primarily relates to the acquisition of R&D assets, costs associated with the early extinguishment of debt, charges related to the impairment of certain assets, and expenses related to certain litigation settlements. d) Reflects the net tax benefit associated with the specified items, a reduction in the transition tax associated with the TCJA and excess tax benefits associated with share-based compensation. SOURCE Abbott Related Links http://www.abbott.com
edtsum131
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: INNSBRUCK, Austria, July 8, 2020 /PRNewswire/ -- Independent security testing labAV-Comparativeshas published thereportof its 2020 investigation into antivirus apps for the Android mobile platform. The Innsbruck-based institute tested 9 popular security apps with regard to malware protection, battery drain and anti-theft functionality. Third-party products made by Avast, AVG, Avira, Bitdefender, G DATA, Kaspersky, Securion and Trend Micro were all scrutinised, along with Google's built-in security measures in the Android platform. Products mobile 2020 (PRNewsfoto/AV-Comparatives) Results mobile 2020 (PRNewsfoto/AV-Comparatives) Please read the full report here: https://www.av-comparatives.org/tests/mobile-security-review-2020/. The latest version of Google's mobile OS, Android 10, was used for thetest. Users who are planning on buying a new smartphone, or updating their existing phones to the newest OS version, can see how well the tested products perform on the latest incarnation of Android. In the malware protection test, over 3,000 recent malicious applications for the Android operating system were used. The results clearly showed the advantage of using a third-party antivirus product to protect smartphones against Android malware.To ensure that the tested products do not achieve protection at the expense of high rates of false alarms, a false-positives test was also run, using 500 popular legitimate apps.Anti-theft functionality was also considered. This allows a user whose smartphone has been lost or stolen to, e.g., locate it, lock it, and wipe private data. Anti-theft features in the tested products were tested for reliable operation.A past criticism of security programs is that they cause significant drain on the device's battery. AV-Comparatives addressed this issue by running a battery-drain test. The effect each product has on battery life during everyday phone usage (making calls, surfing the Internet, watching videos and sending emails) was measured.As well as the results of the tests, the report includes general security advice and information for users of Android devices. The new security measures incorporated into Android 10 are considered, along with the effect these have on third-party security apps. Security tips for Android users are also provided.Like all AV-Comparatives' public reports, the report of the 2020 Android Mobile Security Test can be downloaded free of charge from the institute's website,www.av-comparatives.org."Even as Google's built-in malware protection improved, it still offers the weakest protection of all tested products. We highly recommend using a third-party app."- Peter Stelzhammer, co-founder, AV-ComparativesAV-Comparatives offers AVC UnDroid, a well-done malware analysis tool, which is available free to all users. It is a static analysis system for detecting suspected Android malware and adware and providing statistics about it. Users can upload APK files and see the results in various analysis mechanisms.Check it out:https://www.av-comparatives.org/specials/undroid/Photo - https://mma.prnewswire.com/media/1200602/AV_Comparatives_Products_Mobile_2020.jpg Photo - https://mma.prnewswire.com/media/1200603/AV_Comparatives_Results_Mobile_2020.jpg Logo - https://mma.prnewswire.com/media/1200605/AV_Comparatives_Logo.jpgContact:Peter Stelzhammer[emailprotected]SOURCE AV-Comparatives Related Links https://www.av-comparatives.org Answer:
AV-Comparatives Releases Results of 2020 Android Security Test English Deutschland - Deutsch The results show that third-party security apps protect at a high level, but Google's protection fails
INNSBRUCK, Austria, July 8, 2020 /PRNewswire/ -- Independent security testing labAV-Comparativeshas published thereportof its 2020 investigation into antivirus apps for the Android mobile platform. The Innsbruck-based institute tested 9 popular security apps with regard to malware protection, battery drain and anti-theft functionality. Third-party products made by Avast, AVG, Avira, Bitdefender, G DATA, Kaspersky, Securion and Trend Micro were all scrutinised, along with Google's built-in security measures in the Android platform. Products mobile 2020 (PRNewsfoto/AV-Comparatives) Results mobile 2020 (PRNewsfoto/AV-Comparatives) Please read the full report here: https://www.av-comparatives.org/tests/mobile-security-review-2020/. The latest version of Google's mobile OS, Android 10, was used for thetest. Users who are planning on buying a new smartphone, or updating their existing phones to the newest OS version, can see how well the tested products perform on the latest incarnation of Android. In the malware protection test, over 3,000 recent malicious applications for the Android operating system were used. The results clearly showed the advantage of using a third-party antivirus product to protect smartphones against Android malware.To ensure that the tested products do not achieve protection at the expense of high rates of false alarms, a false-positives test was also run, using 500 popular legitimate apps.Anti-theft functionality was also considered. This allows a user whose smartphone has been lost or stolen to, e.g., locate it, lock it, and wipe private data. Anti-theft features in the tested products were tested for reliable operation.A past criticism of security programs is that they cause significant drain on the device's battery. AV-Comparatives addressed this issue by running a battery-drain test. The effect each product has on battery life during everyday phone usage (making calls, surfing the Internet, watching videos and sending emails) was measured.As well as the results of the tests, the report includes general security advice and information for users of Android devices. The new security measures incorporated into Android 10 are considered, along with the effect these have on third-party security apps. Security tips for Android users are also provided.Like all AV-Comparatives' public reports, the report of the 2020 Android Mobile Security Test can be downloaded free of charge from the institute's website,www.av-comparatives.org."Even as Google's built-in malware protection improved, it still offers the weakest protection of all tested products. We highly recommend using a third-party app."- Peter Stelzhammer, co-founder, AV-ComparativesAV-Comparatives offers AVC UnDroid, a well-done malware analysis tool, which is available free to all users. It is a static analysis system for detecting suspected Android malware and adware and providing statistics about it. Users can upload APK files and see the results in various analysis mechanisms.Check it out:https://www.av-comparatives.org/specials/undroid/Photo - https://mma.prnewswire.com/media/1200602/AV_Comparatives_Products_Mobile_2020.jpg Photo - https://mma.prnewswire.com/media/1200603/AV_Comparatives_Results_Mobile_2020.jpg Logo - https://mma.prnewswire.com/media/1200605/AV_Comparatives_Logo.jpgContact:Peter Stelzhammer[emailprotected]SOURCE AV-Comparatives Related Links https://www.av-comparatives.org
edtsum132
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: MOSC, 5 de noviembre de 2020 /PRNewswire/ --Football for Friendship, programa internacional social infantil de Gazprom, anunci la fecha de lanzamiento del juego Football for Friendship World. El lanzamiento global est programado para el 10 de diciembre de 2020, el Da Mundial del Ftbol. El nuevo simulador de ftbol multijugador se basa en los valores ms importantes del programa, como la amistad, la paz y la igualdad. Football for Friendship World football simulator Algunos de los primeros usuarios registrados recibirn 100 sets nicos de productos de ftbol y kits de ftbol del programa Football for Friendship y de la Unin de Ftbol de Rusia (FUR). Los sets sern enviados a los ganadores en cualquier lugar del mundo. Por primera vez, los usuarios de diferentes pases podrn participar en juegos de acuerdo con las reglas de Football for Friendship unidos en equipos internacionales. Los jugadores podrn jugar en tiempo real con otros futbolistas de todo el mundo, crear y gestionar equipos, convertirse en aficionados y apoyar a los equipos de sus amigos en las gradas. Football for Friendship World se promover con el lema "Uniendo amigos, uniendo el mundo!". Dos semanas antes del lanzamiento oficial del juego, se llevar a cabo en la plataforma el Football for Friendship eWorld Championship. El Campeonato unir a jvenes atletas de 10 a 14 aos de ms de 100 pases en 32 Equipos de la Amistad. Jugarn un total de 55 partidos. La final del Campeonato se retransmitir en directo. La leyenda del ftbol Roberto Carlos es el Embajador Global del programa. Para participar e ingresar al primer Football for Friendship eWorld Championshi, inscrbase en http://participants.footballforfriendship.com/. Los ganadores del campeonato recibirn entradas para la Final de la Liga de Capmeones de la UEFA 2021 en Estambul.AGT Communications Group es el operador global del programa de Gazprom Football for Friendship. El equipo internacional de la empresa DataArt est desarrollando el Football for Friendship World. El juego estar disponible de forma gratuita para los primeros usuarios.Photo - https://mma.prnewswire.com/media/1327695/Football_for_Friendship_World.jpg Related Links https://footballforfriendship.com SOURCE Gazprom International Childrens Social Programme Football for Friendship Answer:
El nuevo simulador de ftbol Football for Friendship World se lanzar el Da Mundial del Ftbol Espaa - espaol Deutschland - Deutsch France - Franais Latin America - espaol USA - English USA - English
MOSC, 5 de noviembre de 2020 /PRNewswire/ --Football for Friendship, programa internacional social infantil de Gazprom, anunci la fecha de lanzamiento del juego Football for Friendship World. El lanzamiento global est programado para el 10 de diciembre de 2020, el Da Mundial del Ftbol. El nuevo simulador de ftbol multijugador se basa en los valores ms importantes del programa, como la amistad, la paz y la igualdad. Football for Friendship World football simulator Algunos de los primeros usuarios registrados recibirn 100 sets nicos de productos de ftbol y kits de ftbol del programa Football for Friendship y de la Unin de Ftbol de Rusia (FUR). Los sets sern enviados a los ganadores en cualquier lugar del mundo. Por primera vez, los usuarios de diferentes pases podrn participar en juegos de acuerdo con las reglas de Football for Friendship unidos en equipos internacionales. Los jugadores podrn jugar en tiempo real con otros futbolistas de todo el mundo, crear y gestionar equipos, convertirse en aficionados y apoyar a los equipos de sus amigos en las gradas. Football for Friendship World se promover con el lema "Uniendo amigos, uniendo el mundo!". Dos semanas antes del lanzamiento oficial del juego, se llevar a cabo en la plataforma el Football for Friendship eWorld Championship. El Campeonato unir a jvenes atletas de 10 a 14 aos de ms de 100 pases en 32 Equipos de la Amistad. Jugarn un total de 55 partidos. La final del Campeonato se retransmitir en directo. La leyenda del ftbol Roberto Carlos es el Embajador Global del programa. Para participar e ingresar al primer Football for Friendship eWorld Championshi, inscrbase en http://participants.footballforfriendship.com/. Los ganadores del campeonato recibirn entradas para la Final de la Liga de Capmeones de la UEFA 2021 en Estambul.AGT Communications Group es el operador global del programa de Gazprom Football for Friendship. El equipo internacional de la empresa DataArt est desarrollando el Football for Friendship World. El juego estar disponible de forma gratuita para los primeros usuarios.Photo - https://mma.prnewswire.com/media/1327695/Football_for_Friendship_World.jpg Related Links https://footballforfriendship.com SOURCE Gazprom International Childrens Social Programme Football for Friendship
edtsum133
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN--(BUSINESS WIRE)--The "Chronic Insomnia - Market Insights, Epidemiology, and Market Forecast - 2030" drug pipelines has been added to ResearchAndMarkets.com's offering. This report delivers an in-depth understanding of the Chronic Insomnia, historical and forecasted epidemiology as well as the market trends in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom), and Japan. The Chronic Insomnia market report provides current treatment practices, emerging drugs, and their market share of the individual therapies, current and forecasted Chronic Insomnia symptoms market size from 2017 to 2030 segmented by seven major markets. The report also covers current Chronic Insomnia symptoms treatment practice/algorithm, market drivers, market barriers, and unmet medical needs to curate the best of the opportunities. It assesses the underlying potential of the market. The total prevalent cases of Chronic Insomnia is increasing in 7MM during the study period, i.e., 2017-2030. The disease epidemiology covered in the report provides historical as well as forecasted Chronic Insomnia symptoms epidemiology segmented as the Prevalent cases of Chronic Insomnia, Diagnosed Prevalent cases of Chronic Insomnia, Gender-specific cases of Chronic Insomnia, and Age-specific cases of Chronic Insomnia. The report includes the prevalent scenario of Chronic Insomnia symptoms in 7MM covering the United States, EU5 countries (Germany, France, Italy, Spain, and the United Kingdom), and Japan from 2017 to 2030. Country-wise Chronic Insomnia Epidemiology The epidemiology segment also provides the Chronic Insomnia epidemiology data and findings across the United States, EU5 (Germany, France, Italy, Spain, and the United Kingdom), and Japan. The total number of prevalent cases of Chronic Insomnia associated in 7MM countries was 5,585,128 in 2020. Chronic Insomnia Drug Chapters The chronic insomnia report's drug chapter segment encloses the detailed analysis of Chronic Insomnia early-stage (Phase- I, II, and III) pipeline drugs. It also helps understand the Chronic Insomnia clinical trial details, expressive pharmacological action, agreements and collaborations, approval and patent details, advantages and disadvantages of each included drug, and the latest news and press releases. Chronic Insomnia Market Outlook The report's Chronic Insomnia market outlook helps build a detailed comprehension of the historic, current, and forecasted Chronic Insomnia market trends by analyzing the impact of current therapies on the market, unmet needs, drivers and barriers, and demand for better technology. This segment gives a thorough detail of Chronic Insomnia market trend of each marketed drug and early-stage pipeline therapy by evaluating their impact based on the annual cost of therapy, inclusion and exclusion criteria's, mechanism of action, compliance rate, growing need of the market, increasing patient pool, covered patient segment, expected launch year, competition with other therapies, brand value, their impact on the market and view of the key opinion leaders. The calculated market data are presented with relevant tables and graphs to give a clear view of the market at first sight. According to the publisher, the Chronic Insomnia market in 7MM is expected to grow in the study period 2017-2030. Regardless of the type of therapy used, chronic insomnia treatment has two primary objectives: improving sleep quality and quantity, and improving daytime impairments. Initial treatment approaches usually include at least one behavioral intervention, such as stimulus control therapy or relaxation therapy. Biofeedback therapy is also used. Cognitive Behavioral Therapy for Insomnia (CBTI), the most effective and comprehensive non-drug approach to treating insomnia, combines cognitive therapy, behavioral interventions, and sleep hygiene education. The most recent iteration of CBTI is fully automated digital CBTI (dCBTI) and does not require clinician involvement. dCBTI has the scalability to address insomnia as a public health issue. Other non-drug approaches that may have benefits for some patients include relaxation techniques and mindfulness interventions. Scope of the Report Reasons to Buy Companies Mentioned For more information about this drug pipelines report visit https://www.researchandmarkets.com/r/6vz1ts Answer:
Global Chronic Insomnia Market to 2030 - Insights, Epidemiology, and Market Forecast - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Chronic Insomnia - Market Insights, Epidemiology, and Market Forecast - 2030" drug pipelines has been added to ResearchAndMarkets.com's offering. This report delivers an in-depth understanding of the Chronic Insomnia, historical and forecasted epidemiology as well as the market trends in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom), and Japan. The Chronic Insomnia market report provides current treatment practices, emerging drugs, and their market share of the individual therapies, current and forecasted Chronic Insomnia symptoms market size from 2017 to 2030 segmented by seven major markets. The report also covers current Chronic Insomnia symptoms treatment practice/algorithm, market drivers, market barriers, and unmet medical needs to curate the best of the opportunities. It assesses the underlying potential of the market. The total prevalent cases of Chronic Insomnia is increasing in 7MM during the study period, i.e., 2017-2030. The disease epidemiology covered in the report provides historical as well as forecasted Chronic Insomnia symptoms epidemiology segmented as the Prevalent cases of Chronic Insomnia, Diagnosed Prevalent cases of Chronic Insomnia, Gender-specific cases of Chronic Insomnia, and Age-specific cases of Chronic Insomnia. The report includes the prevalent scenario of Chronic Insomnia symptoms in 7MM covering the United States, EU5 countries (Germany, France, Italy, Spain, and the United Kingdom), and Japan from 2017 to 2030. Country-wise Chronic Insomnia Epidemiology The epidemiology segment also provides the Chronic Insomnia epidemiology data and findings across the United States, EU5 (Germany, France, Italy, Spain, and the United Kingdom), and Japan. The total number of prevalent cases of Chronic Insomnia associated in 7MM countries was 5,585,128 in 2020. Chronic Insomnia Drug Chapters The chronic insomnia report's drug chapter segment encloses the detailed analysis of Chronic Insomnia early-stage (Phase- I, II, and III) pipeline drugs. It also helps understand the Chronic Insomnia clinical trial details, expressive pharmacological action, agreements and collaborations, approval and patent details, advantages and disadvantages of each included drug, and the latest news and press releases. Chronic Insomnia Market Outlook The report's Chronic Insomnia market outlook helps build a detailed comprehension of the historic, current, and forecasted Chronic Insomnia market trends by analyzing the impact of current therapies on the market, unmet needs, drivers and barriers, and demand for better technology. This segment gives a thorough detail of Chronic Insomnia market trend of each marketed drug and early-stage pipeline therapy by evaluating their impact based on the annual cost of therapy, inclusion and exclusion criteria's, mechanism of action, compliance rate, growing need of the market, increasing patient pool, covered patient segment, expected launch year, competition with other therapies, brand value, their impact on the market and view of the key opinion leaders. The calculated market data are presented with relevant tables and graphs to give a clear view of the market at first sight. According to the publisher, the Chronic Insomnia market in 7MM is expected to grow in the study period 2017-2030. Regardless of the type of therapy used, chronic insomnia treatment has two primary objectives: improving sleep quality and quantity, and improving daytime impairments. Initial treatment approaches usually include at least one behavioral intervention, such as stimulus control therapy or relaxation therapy. Biofeedback therapy is also used. Cognitive Behavioral Therapy for Insomnia (CBTI), the most effective and comprehensive non-drug approach to treating insomnia, combines cognitive therapy, behavioral interventions, and sleep hygiene education. The most recent iteration of CBTI is fully automated digital CBTI (dCBTI) and does not require clinician involvement. dCBTI has the scalability to address insomnia as a public health issue. Other non-drug approaches that may have benefits for some patients include relaxation techniques and mindfulness interventions. Scope of the Report Reasons to Buy Companies Mentioned For more information about this drug pipelines report visit https://www.researchandmarkets.com/r/6vz1ts
edtsum134
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: BOSTON--(BUSINESS WIRE)--Heres our round-up of all the top electric bike deals for Black Friday & Cyber Monday, together with discounts on commuting, folding and mountain types. Links to the latest deals are listed below. Best Electric Bike (eBike) Deals: Best Electric Scooter Deals: Looking for more deals? Click here to access the full selection of live deals at Walmarts Black Friday & Cyber Monday sale and click here to see Amazons latest Black Friday & Cyber Monday deals. Consumer Walk earns commissions from purchases made using the links provided. About Consumer Walk: Consumer Walk reports the latest online retail news. As an Amazon Associate and affiliate Consumer Walk earns from qualifying purchases. Answer:
Best Electric Bike Black Friday & Cyber Monday Deals 2020: Top Swagtron, Ecotric & Ancheer eBike Savings Summarized by Consumer Walk Save on electric bike deals at the Black Friday & Cyber Monday sale, featuring cruiser bikes, mountain bikes & folding bikes sales
BOSTON--(BUSINESS WIRE)--Heres our round-up of all the top electric bike deals for Black Friday & Cyber Monday, together with discounts on commuting, folding and mountain types. Links to the latest deals are listed below. Best Electric Bike (eBike) Deals: Best Electric Scooter Deals: Looking for more deals? Click here to access the full selection of live deals at Walmarts Black Friday & Cyber Monday sale and click here to see Amazons latest Black Friday & Cyber Monday deals. Consumer Walk earns commissions from purchases made using the links provided. About Consumer Walk: Consumer Walk reports the latest online retail news. As an Amazon Associate and affiliate Consumer Walk earns from qualifying purchases.
edtsum135
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: AMARILLO, Texas, June 26, 2020 /PRNewswire/ -- Merrick Pet Care, Inc., announced today a 'BBQ 4 Good' campaign to support shelter dogs with the launch of its new Slow-Cooked BBQ recipes for dogs. In addition to bringing delicious, regionally-inspired BBQ to dog food bowls this summer, Merrick is encouraging dog lovers to support local BBQ restaurants, and, in turn, the company is pledging to donate more than $50,000 to help shelter dogs nationwide. Merrick Pet Care kicked off a BBQ 4 Good campaign to support shelter dogs with the launch of its new Slow-Cooked BBQ recipes for dogs. Merrick is encouraging dog lovers to support local BBQ restaurants, and, in turn, the company is pledging to donate more than $50,000 to animal shelters. Simply place an order on DoorDash using promo code BBQ4GOOD or directly from a participating restaurant in Austin, Baltimore or Chicago, and Merrick will make a donation to a shelter partner. Merrick Pet Care is bringing regionally-inspired BBQ to dog food bowls this summer. Each slow-cooked BBQ recipe is crafted with all-natural ingredients, starts with beef, pork or chicken as the first ingredient and features real, whole vegetables in a savory broth that adds flavor and moisture to a dogs diet. The BBQ offerings, inspired by four regional styles Texas, Kansas City, Carolina and Memphis are available at pet specialty stores nationwide just in time for backyard barbecue season. Merrick Pet Care kicked off a BBQ 4 Good campaign to support shelter dogs with the launch of its new Slow-Cooked BBQ recipes for dogs. Merrick is encouraging dog lovers to support local BBQ restaurants, and, in turn, the company is pledging to donate more than $50,000 to animal shelters. For more information, visit www.MerrickPetcare.com/BBQ4Good. Starting today through July 4, 2020, Americans simply need to support a local restaurant by placing an order on DoorDash, the nation's leading on-demand local logistics network, or from a participating BBQ restaurant in Austin, Baltimore or Chicago, and Merrick will make a donation to a shelter partner. "While interest in pet adoption has never been higher, local shelters need our support more than ever. At the same time, local restaurants have faced significant challenges this year," said Barbara Liss, Vice President of Marketing for Merrick Pet Care. "At Merrick, we know how to deliver tasty and nutritious meals to pet food bowls. By working together with DoorDash and local BBQ restaurants, we are able to deliver on our commitment to giving back to the community by supporting local restaurants and helping shelter pets at the same time." Order BBQ. Help Dogs.For every order placed on DoorDash using the promo code BBQ4GOOD, Merrick will make a $1 donation* (up to $25,000) to North Shore Animal League America, which was founded more than 75 years ago and is the largest no-kill animal rescue and adoption organization in the United States."Due to the current pandemic, we've had to cancel several major fundraising events that we depend on each year to support our no-kill mission and rescue dogs, cats, puppies and kittens," said Joanne Yohannan,Senior Vice President, Operations, North Shore Animal League America. "This BBQ 4 Good program with Merrick and DoorDash is incredibly timely for us these donations will go a long way to fund our efforts to help pets across the country find loving, responsible homes."Additionally, for every carryout or delivery order placed directly from a participating restaurant in Austin, Baltimore and Chicago, Merrick will make a $10 donation to a local pet shelter (up to $10,000 for each shelter). Participating restaurants and shelters include: la Barbecueand Austin Pets Alive!in Austin, Texas, Blue Pit BBQand The Baltimore Animal Rescue and Care Shelter (BARCS)in Baltimore, Md., and Smoke Daddyand PAWS Chicagoin Chicago, Ill. With each order at one of these local restaurants, pet parents will also receive a special "doggy bag" with a can of Merrick's new slow-cooked BBQ to bring home to their dog.#DogsLoveBBQTooLike the rest of the Merrick portfolio, each slow-cooked BBQ recipe is crafted with all-natural ingredients and safely cooked in the USA. The new recipes start with beef, pork or chicken as the first ingredient and feature real, whole vegetables such as sweet potatoes and carrots in a savory broth that adds flavor and moisture to a dog's diet. The BBQ offerings, inspired by four regional styles: Texas Style with Braised Beef, Kansas City Style with Chopped Pork, Carolina Style with Smokey Sausage and Memphis Style with Glazed Chicken, are available nationwide at Petco, PetSmart, independent pet specialty stores and online, just in time for backyard BBQ season. The suggested retail price is $3.19 for a 12.7-ounce can."We named our restaurant after our sweet pit-bull Sakai who we adopted from The Baltimore Animal Rescue and Care Shelter because dogs and BBQ have always been an important part of our life," said Cara Bruce, co-owner of Blue Pit BBQ & Whiskey Bar in Baltimore. "When I first opened a can of Merrick's new slow-cooked BBQ, Memphis-style glazed chicken recipe for dogs, it smelled just like the BBQ chicken on our menu at Blue Pit. And, by the way Sakai's tail was wagging like crazy when he tasted it I know we've found his favorite summer meal!"To learn more, visitMerrickPetcare.com/BBQ4Good. BBQ and dog lovers can also use #DogsLoveBBQToo and #BBQ4Good on social media to share the news.About Merrick Pet Care, Inc.Founded in Hereford, Texas, in 1988, Merrick Pet Care, Inc. is a leader in natural and organic pet food. With a mission to make the most wholesome and nutritious food that pets deserve, Merrick goes to great lengths to craft recipes with real, whole foods and the freshest ingredients without additives, sweeteners, colors or preservatives. The company offers a wide variety of high-quality dry and wet foods, as well as treats, for dogs and cats across its premium product portfolio, which includes the Castor & Pollux, Zuke's and Whole Earth Farms brands alongside its signature Merrick brand. For more information, visit www.MerrickPetCare.com.About North Shore Animal League AmericaAnimal League America has saved more than 1,000,000 lives.As the world's largest no-kill rescue and adoption organization, we understand that a rescue isn't complete until each animal is placed into a loving home. Our innovative programs provide education to reduce animal cruelty and advance standards in animal welfare. We reach across the country to rescue animals from overcrowded shelters, unwanted litters, puppy mills, natural disasters and other emergencies and find them permanent, loving homes. www.AnimalLeague.orgAbout DoorDashDoorDash is a technology company that connects customers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada and Australia. Founded in 2013, DoorDash empowers merchants to grow their businesses by offering on-demand delivery, data-driven insights, and better in-store efficiency, providing delightful experiences from door to door. By building the last-mile delivery infrastructure for local cities, DoorDash is bringing communities closer, one doorstep at a time. Read more on the DoorDash blog or at www.DoorDash.com.*BBQ4GOOD Terms & ConditionsFor every order placed on DoorDash using the promo code BBQ4GOOD from June 26, 2020 through July 4th, 2020 at 11:59pm PT, Merrick will donate $1 to North Shore Animal League America, up to a maximum donation of $25,000 (USD). Promo code has no discount value. Limit one per person. Not valid for the purchase of alcohol. Fees, taxes, and gratuity still apply. All deliveries subject to availability. Must have or create a valid DoorDash account with a valid form of accepted payment on file. No cash value. Non-transferable. See full terms and conditions athelp.doordash.com/consumers/s/article/offer-terms-conditions.Contact:Jilliann SmithDirector of CommunicationsMerrick Pet CareP: 847.865.9727; C: 917.992.6959E: [emailprotected] SOURCE Merrick Pet Care, Inc. Related Links https://www.merrickpetcare.com/ Answer:
Merrick Pet Care Asks Americans to Order BBQ to Help Support Shelter Dogs Natural Pet Food Leader Partners with DoorDash and Top BBQ Restaurants Nationwide to Donate More Than $50,000 to Animal Shelters
AMARILLO, Texas, June 26, 2020 /PRNewswire/ -- Merrick Pet Care, Inc., announced today a 'BBQ 4 Good' campaign to support shelter dogs with the launch of its new Slow-Cooked BBQ recipes for dogs. In addition to bringing delicious, regionally-inspired BBQ to dog food bowls this summer, Merrick is encouraging dog lovers to support local BBQ restaurants, and, in turn, the company is pledging to donate more than $50,000 to help shelter dogs nationwide. Merrick Pet Care kicked off a BBQ 4 Good campaign to support shelter dogs with the launch of its new Slow-Cooked BBQ recipes for dogs. Merrick is encouraging dog lovers to support local BBQ restaurants, and, in turn, the company is pledging to donate more than $50,000 to animal shelters. Simply place an order on DoorDash using promo code BBQ4GOOD or directly from a participating restaurant in Austin, Baltimore or Chicago, and Merrick will make a donation to a shelter partner. Merrick Pet Care is bringing regionally-inspired BBQ to dog food bowls this summer. Each slow-cooked BBQ recipe is crafted with all-natural ingredients, starts with beef, pork or chicken as the first ingredient and features real, whole vegetables in a savory broth that adds flavor and moisture to a dogs diet. The BBQ offerings, inspired by four regional styles Texas, Kansas City, Carolina and Memphis are available at pet specialty stores nationwide just in time for backyard barbecue season. Merrick Pet Care kicked off a BBQ 4 Good campaign to support shelter dogs with the launch of its new Slow-Cooked BBQ recipes for dogs. Merrick is encouraging dog lovers to support local BBQ restaurants, and, in turn, the company is pledging to donate more than $50,000 to animal shelters. For more information, visit www.MerrickPetcare.com/BBQ4Good. Starting today through July 4, 2020, Americans simply need to support a local restaurant by placing an order on DoorDash, the nation's leading on-demand local logistics network, or from a participating BBQ restaurant in Austin, Baltimore or Chicago, and Merrick will make a donation to a shelter partner. "While interest in pet adoption has never been higher, local shelters need our support more than ever. At the same time, local restaurants have faced significant challenges this year," said Barbara Liss, Vice President of Marketing for Merrick Pet Care. "At Merrick, we know how to deliver tasty and nutritious meals to pet food bowls. By working together with DoorDash and local BBQ restaurants, we are able to deliver on our commitment to giving back to the community by supporting local restaurants and helping shelter pets at the same time." Order BBQ. Help Dogs.For every order placed on DoorDash using the promo code BBQ4GOOD, Merrick will make a $1 donation* (up to $25,000) to North Shore Animal League America, which was founded more than 75 years ago and is the largest no-kill animal rescue and adoption organization in the United States."Due to the current pandemic, we've had to cancel several major fundraising events that we depend on each year to support our no-kill mission and rescue dogs, cats, puppies and kittens," said Joanne Yohannan,Senior Vice President, Operations, North Shore Animal League America. "This BBQ 4 Good program with Merrick and DoorDash is incredibly timely for us these donations will go a long way to fund our efforts to help pets across the country find loving, responsible homes."Additionally, for every carryout or delivery order placed directly from a participating restaurant in Austin, Baltimore and Chicago, Merrick will make a $10 donation to a local pet shelter (up to $10,000 for each shelter). Participating restaurants and shelters include: la Barbecueand Austin Pets Alive!in Austin, Texas, Blue Pit BBQand The Baltimore Animal Rescue and Care Shelter (BARCS)in Baltimore, Md., and Smoke Daddyand PAWS Chicagoin Chicago, Ill. With each order at one of these local restaurants, pet parents will also receive a special "doggy bag" with a can of Merrick's new slow-cooked BBQ to bring home to their dog.#DogsLoveBBQTooLike the rest of the Merrick portfolio, each slow-cooked BBQ recipe is crafted with all-natural ingredients and safely cooked in the USA. The new recipes start with beef, pork or chicken as the first ingredient and feature real, whole vegetables such as sweet potatoes and carrots in a savory broth that adds flavor and moisture to a dog's diet. The BBQ offerings, inspired by four regional styles: Texas Style with Braised Beef, Kansas City Style with Chopped Pork, Carolina Style with Smokey Sausage and Memphis Style with Glazed Chicken, are available nationwide at Petco, PetSmart, independent pet specialty stores and online, just in time for backyard BBQ season. The suggested retail price is $3.19 for a 12.7-ounce can."We named our restaurant after our sweet pit-bull Sakai who we adopted from The Baltimore Animal Rescue and Care Shelter because dogs and BBQ have always been an important part of our life," said Cara Bruce, co-owner of Blue Pit BBQ & Whiskey Bar in Baltimore. "When I first opened a can of Merrick's new slow-cooked BBQ, Memphis-style glazed chicken recipe for dogs, it smelled just like the BBQ chicken on our menu at Blue Pit. And, by the way Sakai's tail was wagging like crazy when he tasted it I know we've found his favorite summer meal!"To learn more, visitMerrickPetcare.com/BBQ4Good. BBQ and dog lovers can also use #DogsLoveBBQToo and #BBQ4Good on social media to share the news.About Merrick Pet Care, Inc.Founded in Hereford, Texas, in 1988, Merrick Pet Care, Inc. is a leader in natural and organic pet food. With a mission to make the most wholesome and nutritious food that pets deserve, Merrick goes to great lengths to craft recipes with real, whole foods and the freshest ingredients without additives, sweeteners, colors or preservatives. The company offers a wide variety of high-quality dry and wet foods, as well as treats, for dogs and cats across its premium product portfolio, which includes the Castor & Pollux, Zuke's and Whole Earth Farms brands alongside its signature Merrick brand. For more information, visit www.MerrickPetCare.com.About North Shore Animal League AmericaAnimal League America has saved more than 1,000,000 lives.As the world's largest no-kill rescue and adoption organization, we understand that a rescue isn't complete until each animal is placed into a loving home. Our innovative programs provide education to reduce animal cruelty and advance standards in animal welfare. We reach across the country to rescue animals from overcrowded shelters, unwanted litters, puppy mills, natural disasters and other emergencies and find them permanent, loving homes. www.AnimalLeague.orgAbout DoorDashDoorDash is a technology company that connects customers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada and Australia. Founded in 2013, DoorDash empowers merchants to grow their businesses by offering on-demand delivery, data-driven insights, and better in-store efficiency, providing delightful experiences from door to door. By building the last-mile delivery infrastructure for local cities, DoorDash is bringing communities closer, one doorstep at a time. Read more on the DoorDash blog or at www.DoorDash.com.*BBQ4GOOD Terms & ConditionsFor every order placed on DoorDash using the promo code BBQ4GOOD from June 26, 2020 through July 4th, 2020 at 11:59pm PT, Merrick will donate $1 to North Shore Animal League America, up to a maximum donation of $25,000 (USD). Promo code has no discount value. Limit one per person. Not valid for the purchase of alcohol. Fees, taxes, and gratuity still apply. All deliveries subject to availability. Must have or create a valid DoorDash account with a valid form of accepted payment on file. No cash value. Non-transferable. See full terms and conditions athelp.doordash.com/consumers/s/article/offer-terms-conditions.Contact:Jilliann SmithDirector of CommunicationsMerrick Pet CareP: 847.865.9727; C: 917.992.6959E: [emailprotected] SOURCE Merrick Pet Care, Inc. Related Links https://www.merrickpetcare.com/
edtsum136
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: KANSAS CITY, Mo., June 1, 2020 /PRNewswire/ -- Lockton Capital Markets (LCM) is pleased to announce the appointment of Ken Pierce as Chief Executive Officer, effective June 1, 2020. Pierce will leverage his 30 years of experience as a leader in the insurance and alternative asset management industries to guide Lockton Capital Markets. "I look forward to Ken's leadership of Lockton Capital Markets," said Ron Lockton, Chairman, Lockton Companies. "Given his proven track record and exemplary approach to solve complex challenges, the Lockton Capital Markets team will be a great partner to the rest of Lockton with Ken as its CEO. This is another example of industry leading talent joining Lockton." Lockton Capital Markets will maintain its strong collaborative relationships with Lockton business sectors, including Lockton Re and retail, to offer high impact solutions for insurers, companies and financial sponsors. "I am very pleased that Ken is joining LCM as our CEO," said Michael Calabrese, Executive Chairman, Lockton Capital Markets. "I am confident from our discussions over the years, that he shares our vision to build a Capital Markets business as a specialized team leveraging Lockton's global platform and collaborating with our various business units to provide creative solutions for insurance companies, asset managers, and corporate clients." In 2019, Pierce founded and began serving as CEO of Vanpoint Advisors, which originated and structured asset portfolio financing transactions for alternative asset managers, as well as closed block reinsurance, sidecar reinsurance, and surplus notes, providing capital and capital relief for insurers. On June 1, 2020, the assets of Vanpoint will be merged into Lockton Capital Markets. He also previously served as Co-Founder of Vanbridge, as well as leadership roles at Mayer Brown, Morgan Stanley and Lehman Brothers. "Lockton Capital Markets will continue to serve as a trusted advisor to the insurance and alternative asset management industries, delivering innovative solutions to our clients," said Pierce. "We will continue to grow our structured finance practice that brings the insurance and alternative asset management industries together in bespoke, yield-enhancing, capital efficient financing transactions, and our solutions practice, which delivers capital and capital relief to insurers and reinsurers through multiple avenues including closed block and sidecar reinsurance transactions, surplus notes and insurance-linked securities." About LocktonWhat makes Lockton stand apart is also what makes us better: independence. Lockton's private ownership empowers its 7,500 Associates doing business in over 125 countries to focus solely on clients' risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For 11 consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance." In 2019, Lockton was named a top 50 company to work for in London by Best Companies. For more information, visit https://www.lockton.com/lockton-capital-markets. SOURCE Lockton Companies Related Links http://www.lockton.com Answer:
Lockton Capital Markets Announces Ken Pierce as CEO
KANSAS CITY, Mo., June 1, 2020 /PRNewswire/ -- Lockton Capital Markets (LCM) is pleased to announce the appointment of Ken Pierce as Chief Executive Officer, effective June 1, 2020. Pierce will leverage his 30 years of experience as a leader in the insurance and alternative asset management industries to guide Lockton Capital Markets. "I look forward to Ken's leadership of Lockton Capital Markets," said Ron Lockton, Chairman, Lockton Companies. "Given his proven track record and exemplary approach to solve complex challenges, the Lockton Capital Markets team will be a great partner to the rest of Lockton with Ken as its CEO. This is another example of industry leading talent joining Lockton." Lockton Capital Markets will maintain its strong collaborative relationships with Lockton business sectors, including Lockton Re and retail, to offer high impact solutions for insurers, companies and financial sponsors. "I am very pleased that Ken is joining LCM as our CEO," said Michael Calabrese, Executive Chairman, Lockton Capital Markets. "I am confident from our discussions over the years, that he shares our vision to build a Capital Markets business as a specialized team leveraging Lockton's global platform and collaborating with our various business units to provide creative solutions for insurance companies, asset managers, and corporate clients." In 2019, Pierce founded and began serving as CEO of Vanpoint Advisors, which originated and structured asset portfolio financing transactions for alternative asset managers, as well as closed block reinsurance, sidecar reinsurance, and surplus notes, providing capital and capital relief for insurers. On June 1, 2020, the assets of Vanpoint will be merged into Lockton Capital Markets. He also previously served as Co-Founder of Vanbridge, as well as leadership roles at Mayer Brown, Morgan Stanley and Lehman Brothers. "Lockton Capital Markets will continue to serve as a trusted advisor to the insurance and alternative asset management industries, delivering innovative solutions to our clients," said Pierce. "We will continue to grow our structured finance practice that brings the insurance and alternative asset management industries together in bespoke, yield-enhancing, capital efficient financing transactions, and our solutions practice, which delivers capital and capital relief to insurers and reinsurers through multiple avenues including closed block and sidecar reinsurance transactions, surplus notes and insurance-linked securities." About LocktonWhat makes Lockton stand apart is also what makes us better: independence. Lockton's private ownership empowers its 7,500 Associates doing business in over 125 countries to focus solely on clients' risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For 11 consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance." In 2019, Lockton was named a top 50 company to work for in London by Best Companies. For more information, visit https://www.lockton.com/lockton-capital-markets. SOURCE Lockton Companies Related Links http://www.lockton.com
edtsum137
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: CHICAGO, April 12, 2021 /PRNewswire/ -- According to the new market research report "Insurance Analytics Marketby Component (Tools and Services), Application (Claims Management, Risk Management, Customer Management and Personalization, Process Optimization), Deployment Mode, Organization Size, End User, and Region - Global Forecast to 2026", published by MarketsandMarkets, the global Insurance Analytics Market size is expected to grow from USD 8.8 billion in 2020 to USD 20.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. The rising need for big data and predictive modeling capability during the COVID-19 pandemic drives the adoption of insurance analytics solutions and the rise in adoption of IoT products driving the adoption of insurance market. Browse in-depth TOC on"Insurance Analytics Market" 186 Tables67 Figures267 Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=58298536 Demand to reduce the time for efficient management of claims and insurance policies is expected to boost insurance companies segment to hold a larger market size Insurance companies are the end-user companies that provide various types of insurance, such as consumer insurance (including life and health insurance, and vehicle/auto insurance) and commercial insurance (employee insurance and asset insurance for manufacturing companies). Insurance companies are now widely adopting various technology solutions, including analytics, for their internal and customer-facing services. For example, multi-line carriers that supply consumer policies for homes, cars, and small groups in addition to business services, such as P&C insurance, run several applications to handle underwriting, claims, and Customer Relationship Management (CRM). Increasing service demand coupled with critical end-of-year fiscal reporting forces these organizations to adopt advanced technological solutions, leading to a larger market size during the forecast period. Bajaj Allianz Life Insurance, a Pune, India-based life insurance provider, is among the leading insurers in India who are using predictive analytics across their insurance operations. The company is leveraging predictive analytics across its customer life cycle to assess customer risk, to determine the potential of a customer to renew or lapse a policy, and to act accordingly. Risk management, fraud detection, customer management, and personalization are some of the key application areas where the India-based insurer is applying analytics to improve operational efficiency, reduce cost, and enrich customer experience. The growing demand to reduce the response time for various claims management processes and the increasing adoption of IoT insurance driving the demand for process optimization during the forecast period Insurers are widely using analytics solutions to understand the potential risks and deploy countermeasures to mitigate losses, or at least screen, pre-empt, and assess the cost of risks in the underwriting process. Risk management involves the identification, assessment, and management of potential risks, incorporating analytics to support decision-making by clearly stating business goals and objectives, and facilitating precise information management with a better understanding of the trade-offs between risks and rewards. Risk management provides insurers with the risk capacity to maintain specific credit ratings, manage capital, and reduce earnings volatility across insurance companies. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=58298536 North America to dominate the market during the forecast period North America is expected to dominate the global market from 2020 to 2026, owing to the presence of several solution vendors in the US. Canada has the highest internet penetration rate responsible for the growth of North America. Additionally, the presence of several vendors and favorable support environments has led to the foundation of a robust support ecosystem in the region. The increasing demand for fraud detection solutions and the rise in the requirement of on-time authentic information would drive the growth of the Insurance Analytics Market in this region. The major vendors offering insurance analytics tools are IBM (US), Salesforce (US), Oracle (US), Microsoft (US), Sapiens (Israel), OpenText (Canada), SAP (Germany), Verisk Analytics (US), SAS Institute (US), Vertafore (US), TIBCO (US), Qlik (US), Board International (Switzerland), BRIDGEi2i (US), MicroStrategy (US), Guidewire Software (US), LexisNexis Risk Solutions (US), WNS (India), Hexaware Technologies (India), Pegasystems (US), Applied Systems (US), InsuredMine (US), ReFocus AI (US), RiskVille (Ireland), Pentation Analytics (US), Habit Analytics (US), Artivatic.ai (India), CyberCube (US), and Arceo.ai (US). Browse Adjacent Markets:Analytics Market ResearchReports & Consulting Related Reports: AI in Fintech Marketby Component (Solution, Service), Application Area (Virtual Assistant, Business Analytics & Reporting, Customer Behavioral Analytics), Deployment Mode (Cloud, On-Premises), and Region - Global forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/ai-in-fintech-market-34074774.html Digital Insurance Platform Marketby Component (Tools and Services), End-Users (Insurance Companies, Third-Party Administrators and Brokers, and Aggregators), Insurance Application, Deployment Type, Organization Size, and Region - Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/digital-insurance-platform-market-144303624.html About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish MehraMarketsandMarkets INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [emailprotected] Research Insight:https://www.marketsandmarkets.com/ResearchInsight/insurance-analytics-market.asp Visit Our Website: https://www.marketsandmarkets.com/ Content Source: https://www.marketsandmarkets.com/PressReleases/insurance-analytics.asp SOURCE MarketsandMarkets Answer:
Insurance Analytics Market worth $20.6 billion by 2026 - Exclusive Report by MarketsandMarkets
CHICAGO, April 12, 2021 /PRNewswire/ -- According to the new market research report "Insurance Analytics Marketby Component (Tools and Services), Application (Claims Management, Risk Management, Customer Management and Personalization, Process Optimization), Deployment Mode, Organization Size, End User, and Region - Global Forecast to 2026", published by MarketsandMarkets, the global Insurance Analytics Market size is expected to grow from USD 8.8 billion in 2020 to USD 20.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. The rising need for big data and predictive modeling capability during the COVID-19 pandemic drives the adoption of insurance analytics solutions and the rise in adoption of IoT products driving the adoption of insurance market. Browse in-depth TOC on"Insurance Analytics Market" 186 Tables67 Figures267 Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=58298536 Demand to reduce the time for efficient management of claims and insurance policies is expected to boost insurance companies segment to hold a larger market size Insurance companies are the end-user companies that provide various types of insurance, such as consumer insurance (including life and health insurance, and vehicle/auto insurance) and commercial insurance (employee insurance and asset insurance for manufacturing companies). Insurance companies are now widely adopting various technology solutions, including analytics, for their internal and customer-facing services. For example, multi-line carriers that supply consumer policies for homes, cars, and small groups in addition to business services, such as P&C insurance, run several applications to handle underwriting, claims, and Customer Relationship Management (CRM). Increasing service demand coupled with critical end-of-year fiscal reporting forces these organizations to adopt advanced technological solutions, leading to a larger market size during the forecast period. Bajaj Allianz Life Insurance, a Pune, India-based life insurance provider, is among the leading insurers in India who are using predictive analytics across their insurance operations. The company is leveraging predictive analytics across its customer life cycle to assess customer risk, to determine the potential of a customer to renew or lapse a policy, and to act accordingly. Risk management, fraud detection, customer management, and personalization are some of the key application areas where the India-based insurer is applying analytics to improve operational efficiency, reduce cost, and enrich customer experience. The growing demand to reduce the response time for various claims management processes and the increasing adoption of IoT insurance driving the demand for process optimization during the forecast period Insurers are widely using analytics solutions to understand the potential risks and deploy countermeasures to mitigate losses, or at least screen, pre-empt, and assess the cost of risks in the underwriting process. Risk management involves the identification, assessment, and management of potential risks, incorporating analytics to support decision-making by clearly stating business goals and objectives, and facilitating precise information management with a better understanding of the trade-offs between risks and rewards. Risk management provides insurers with the risk capacity to maintain specific credit ratings, manage capital, and reduce earnings volatility across insurance companies. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=58298536 North America to dominate the market during the forecast period North America is expected to dominate the global market from 2020 to 2026, owing to the presence of several solution vendors in the US. Canada has the highest internet penetration rate responsible for the growth of North America. Additionally, the presence of several vendors and favorable support environments has led to the foundation of a robust support ecosystem in the region. The increasing demand for fraud detection solutions and the rise in the requirement of on-time authentic information would drive the growth of the Insurance Analytics Market in this region. The major vendors offering insurance analytics tools are IBM (US), Salesforce (US), Oracle (US), Microsoft (US), Sapiens (Israel), OpenText (Canada), SAP (Germany), Verisk Analytics (US), SAS Institute (US), Vertafore (US), TIBCO (US), Qlik (US), Board International (Switzerland), BRIDGEi2i (US), MicroStrategy (US), Guidewire Software (US), LexisNexis Risk Solutions (US), WNS (India), Hexaware Technologies (India), Pegasystems (US), Applied Systems (US), InsuredMine (US), ReFocus AI (US), RiskVille (Ireland), Pentation Analytics (US), Habit Analytics (US), Artivatic.ai (India), CyberCube (US), and Arceo.ai (US). Browse Adjacent Markets:Analytics Market ResearchReports & Consulting Related Reports: AI in Fintech Marketby Component (Solution, Service), Application Area (Virtual Assistant, Business Analytics & Reporting, Customer Behavioral Analytics), Deployment Mode (Cloud, On-Premises), and Region - Global forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/ai-in-fintech-market-34074774.html Digital Insurance Platform Marketby Component (Tools and Services), End-Users (Insurance Companies, Third-Party Administrators and Brokers, and Aggregators), Insurance Application, Deployment Type, Organization Size, and Region - Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/digital-insurance-platform-market-144303624.html About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish MehraMarketsandMarkets INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [emailprotected] Research Insight:https://www.marketsandmarkets.com/ResearchInsight/insurance-analytics-market.asp Visit Our Website: https://www.marketsandmarkets.com/ Content Source: https://www.marketsandmarkets.com/PressReleases/insurance-analytics.asp SOURCE MarketsandMarkets
edtsum138
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: ROCKPORT, Mass., Sept. 30, 2020 /PRNewswire/ -- The Film Detective (TFD), a classic media streaming network and film archive that restores and distributes classic films for today's cord-cutters is proud to announce the return of31 Days of Horror. Every night at 10 p.m. ET in October, The Film Detective will feature a different classic scare from Lon Chaney'sThe Phantom of the Opera(1925)tomade-for-TV thrills likeDark Night of the Scarecrow(1981). Continue Reading The Film Detective As part of the 31 Days of Horror, The Film Detective is proud to announce the arrival ofFriday Fright, every Fridayat 10 p.m. ET. Co-created by Greg and Gail Martin, this late-night classic featuresRavena, the Goddess of Stonehenge and her faithful companionAnokpresenting horror classics like Bela Lugosi'sWhite Zombie(1932). SaidGreg Martin, "We are ecstatic to partner with The Film Detective and bring you the classic Friday Fright show in October. We hope you will loveRavena, the Goddess of Stonehenge and her companionAnokas much as we do." Accompanying Friday Frightthroughout October will be aTrailers from Hell-oweenMarathonon Oct. 31. FeaturingdirectorsMary Lambert, MickGarris, and "Trailers from Hell" founder Joe Dante, this 24-hour Halloween marathon includes exclusive commentary from some of Hollywood's most talentedfilmmakers in "Trailers from Hell"shorts to be followed by the full films they discuss, includingCarnival of Souls(1962) andDementia 13(1963).Enthusiasts from horrorto punk rockand even politics willenjoy upcomingadditionson The Film Detectiveapp. Punk rockers should mark their calendars for the Oct. 1 worldwide debut ofChaos! Sex Pistols,McLaren, Art & Dave Goodman: Director's Cut 2020.This stunning documentary about the rise of UK Punk and the Sex Pistols is a fascinating historical piece, featuring members of Sex Pistols, The Clash, MalcolmMcLaren, and thePistols'first producer, Dave Goodman.Also available on The Film Detectiveappstarting Oct. 1isThe Scroll ofMorlok(2020), a contemporary homage to the silent German Expressionist classics of the 1920s.The Scroll ofMorlok(2020)will be joined by footage from the1956 Democratic National Conventionand episodes ofMedic(1954-1956),starring Richard Boone.No matter the genre, The Film Detective hasclassic film fans covered.For more information, visithttps://www.thefilmdetective.com/.About The Film Detective:The Film Detective is a leading distributor of restored classic programming, including feature films, television, foreign imports, and documentaries. Launched in 2014, The Film Detective has distributed its extensive library of 3,000+ hours of film on DVD andBlu-ray and throughplatforms including TCM,EPIX,Amazon,and PBS.The Film Detective has released its classic movieappon web, Android,iOS,Roku, Amazon Fire TV, and Apple TV and is available live via Sling, STIRR,Plex, andDistroTV.Contact:Kerry Ryan[emailprotected]Related Imagesimage1.jpg Related LinksThe Film Detective TV SOURCE The Film Detective Answer:
From Punk Rockers to Scream Queens - The Film Detective Presents 31 Days of Horror The Film Detective Celebrates the Return (From the Dead) of 31 Days of Horror with Monster Mashes and Mosh Pits
ROCKPORT, Mass., Sept. 30, 2020 /PRNewswire/ -- The Film Detective (TFD), a classic media streaming network and film archive that restores and distributes classic films for today's cord-cutters is proud to announce the return of31 Days of Horror. Every night at 10 p.m. ET in October, The Film Detective will feature a different classic scare from Lon Chaney'sThe Phantom of the Opera(1925)tomade-for-TV thrills likeDark Night of the Scarecrow(1981). Continue Reading The Film Detective As part of the 31 Days of Horror, The Film Detective is proud to announce the arrival ofFriday Fright, every Fridayat 10 p.m. ET. Co-created by Greg and Gail Martin, this late-night classic featuresRavena, the Goddess of Stonehenge and her faithful companionAnokpresenting horror classics like Bela Lugosi'sWhite Zombie(1932). SaidGreg Martin, "We are ecstatic to partner with The Film Detective and bring you the classic Friday Fright show in October. We hope you will loveRavena, the Goddess of Stonehenge and her companionAnokas much as we do." Accompanying Friday Frightthroughout October will be aTrailers from Hell-oweenMarathonon Oct. 31. FeaturingdirectorsMary Lambert, MickGarris, and "Trailers from Hell" founder Joe Dante, this 24-hour Halloween marathon includes exclusive commentary from some of Hollywood's most talentedfilmmakers in "Trailers from Hell"shorts to be followed by the full films they discuss, includingCarnival of Souls(1962) andDementia 13(1963).Enthusiasts from horrorto punk rockand even politics willenjoy upcomingadditionson The Film Detectiveapp. Punk rockers should mark their calendars for the Oct. 1 worldwide debut ofChaos! Sex Pistols,McLaren, Art & Dave Goodman: Director's Cut 2020.This stunning documentary about the rise of UK Punk and the Sex Pistols is a fascinating historical piece, featuring members of Sex Pistols, The Clash, MalcolmMcLaren, and thePistols'first producer, Dave Goodman.Also available on The Film Detectiveappstarting Oct. 1isThe Scroll ofMorlok(2020), a contemporary homage to the silent German Expressionist classics of the 1920s.The Scroll ofMorlok(2020)will be joined by footage from the1956 Democratic National Conventionand episodes ofMedic(1954-1956),starring Richard Boone.No matter the genre, The Film Detective hasclassic film fans covered.For more information, visithttps://www.thefilmdetective.com/.About The Film Detective:The Film Detective is a leading distributor of restored classic programming, including feature films, television, foreign imports, and documentaries. Launched in 2014, The Film Detective has distributed its extensive library of 3,000+ hours of film on DVD andBlu-ray and throughplatforms including TCM,EPIX,Amazon,and PBS.The Film Detective has released its classic movieappon web, Android,iOS,Roku, Amazon Fire TV, and Apple TV and is available live via Sling, STIRR,Plex, andDistroTV.Contact:Kerry Ryan[emailprotected]Related Imagesimage1.jpg Related LinksThe Film Detective TV SOURCE The Film Detective
edtsum139
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN, June 11, 2020 /PRNewswire/ -- The "Deep Sea, Coastal, And Great Lakes Global Market Report 2020-30: Covid 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering. This report provides the strategists, marketers and senior management with the critical information they need to assess the global deep sea, coastal, and great lakes market as it emerges from the Covid 19 shut down.The global deep sea, coastal, and great lakes market is expected to decline from $491.1 billion in 2019 to $463.7 billion in 2020 at a compound annual growth rate (CAGR) of -5.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $526.7 billion in 2023. Reasons to Purchase Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies. Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates. Create regional and country strategies on the basis of local data and analysis. Identify growth segments for investment. Outperform competitors using forecast data and the drivers and trends shaping the market. Understand customers based on the latest market research findings. Benchmark performance against key competitors. Utilize the relationships between key data sets for superior strategizing. Suitable for supporting your internal and external presentations with reliable high quality data and analysis Report will be updated with the latest data and delivered to you within 3 working days of order. Where is the largest and fastest growing market for the deep sea, coastal, and great lakes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Deep Sea, Coastal, And Great Lakes global market report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider deep sea, coastal, and great lakes market, and compares it with other markets. The market characteristics section of the report defines and explains the market. The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery. Market segmentations break down market into sub markets. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets. Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified. The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers. The deep sea, coastal, and great lakes market section of the report gives context. It compares the deep sea, coastal, and great lakes market with other segments of the water transportation market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, deep sea, coastal, and great lakes indicators comparison. The deep sea, coastal, and great lakes transportation market consists of sales of deep sea, coastal, and great lakes transportation services by entities (organizations, sole traders and partnerships) that provide deep sea, coastal, and great lakes transportation of passengers and cargo using watercraft, such as ships, barges, and boats.Asia Pacific was the largest region in the global deep sea, coastal, and great lakes market, accounting for 45% of the market in 2019. Western Europe was the second largest region accounting for 32% of the global deep sea, coastal, and great lakes market. Africa was the smallest region in the global deep sea, coastal, and great lakes market.Changing shift towards highly available less polluting fuels such as liquefied natural gas(LNG), biofuels and many more are growing recently. Pricing and low emission has resulted in increase in the demand of LNG. Furthermore, European Commission also planned to have 139 LNG refueling facilities for seagoing and inland vessels. Growth of LNG powered ships are likely to play a major role in Deep sea, coastal, and great lakes water transportation industry in the next decade. Companies namely Rolls Royce, Wartsila, MAN have developed different LNG engine technologies for better throughput.Key Topics Covered: 1. Executive Summary 2. Report Structure 3. Deep Sea, Coastal, And Great Lakes Market Characteristics 3.1. Market Definition 3.2. Key Segmentations 4. Deep Sea, Coastal, And Great Lakes Market Product Analysis 4.1. Leading Products/ Services 4.2. Key Features and Differentiators 4.3. Development Products 5. Deep Sea, Coastal, And Great Lakes Market Supply Chain 5.1. Supply Chain 5.2. Distribution 5.3. End Customers 6. Deep Sea, Coastal, And Great Lakes Market Customer Information 6.1. Customer Preferences 6.2. End Use Market Size and Growth 7. Deep Sea, Coastal, And Great Lakes Market Trends And Strategies 8. Deep Sea, Coastal, And Great Lakes Market Size And Growth 8.1. Market Size 8.2. Historic Market Growth, Value ($ Billion) 8.2.1. Drivers Of The Market 8.2.2. Restraints On The Market 8.3. Forecast Market Growth, Value ($ Billion) 8.3.1. Drivers Of The Market 8.3.2. Restraints On The Market 9. Deep Sea, Coastal, And Great Lakes Market Regional Analysis 9.1. Global Deep Sea, Coastal, And Great Lakes Market, 2019, By Region, Value ($ Billion) 9.2. Global Deep Sea, Coastal, And Great Lakes Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region 9.3. Global Deep Sea, Coastal, And Great Lakes Market, Growth And Market Share Comparison, By Region 10. Deep Sea, Coastal, And Great Lakes Market Segmentation 10.1. Global Deep Sea, Coastal, And Great Lakes Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion11. Deep Sea, Coastal, And Great Lakes Market Metrics 11.1. Deep Sea, Coastal, And Great Lakes Market Size, Percentage Of GDP, 2015-2023, Global 11.2. Per Capita Average Deep Sea, Coastal, And Great Lakes Market Expenditure, 2015-2023, Global 12. Asia-Pacific Deep Sea, Coastal, And Great Lakes Market13. Western Europe Deep Sea, Coastal, And Great Lakes Market14. Eastern Europe Deep Sea, Coastal, And Great Lakes Market15. North America Deep Sea, Coastal, And Great Lakes Market16. South America Deep Sea, Coastal, And Great Lakes Market17. Middle East Deep Sea, Coastal, And Great Lakes Market18. Africa Deep Sea, Coastal, And Great Lakes Market19. Deep Sea, Coastal, And Great Lakes Market Competitive Landscape 19.1. Competitive Market Overview 19.2. Market Shares 19.3. Company Profiles 19.3.1. Carnival Corporation 19.3.1.1. Company Overview 19.3.1.2. Products And Services 19.3.1.3. Strategy 19.3.1.4. Financial Performance 19.3.2. A.P. Moller 19.3.2.1. Company Overview 19.3.2.2. Products And Services 19.3.2.3. Strategy 19.3.2.4. Financial Performance 19.3.3. MSC Mediterranean Shipping Company SA 19.3.3.1. Company Overview 19.3.3.2. Products And Services 19.3.3.3. Strategy 19.3.3.4. Financial Performance 19.3.4. K-Line America 19.3.4.1. Company Overview 19.3.4.2. Products And Services 19.3.4.3. Strategy 19.3.4.4. Financial Performance 19.3.5. Seacor Holdings Inc 19.3.5.1. Company Overview 19.3.5.2. Products And Services 19.3.5.3. Strategy 19.3.5.4. Financial Performance 20. Key Mergers And Acquisitions In The Deep Sea, Coastal, And Great Lakes Market 21. Market Background: Water Transportation Market 21.1. Water Transportation Market Characteristics 21.2. Water Transportation Market Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F Growth, By Segment, Value ($ Billion), Global 21.3. Global Water Transportation Market, 2019, By Region, Value ($ Billion) 21.4. Global Water Transportation Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region 21.5. Global Water Transportation Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion) 22. Recommendations 22.1. Global Deep Sea, Coastal, And Great Lakes Market In 2023- Growth Countries 22.2. Global Deep Sea, Coastal, And Great Lakes Market In 2023- Growth Segments 22.3. Global Deep Sea, Coastal, And Great Lakes Market In 2023- Growth Strategies 23. Appendix 23.1. NAICS Definitions Of Industry Covered In This Report 23.2. Abbreviations 23.3. Currencies 23.4. Research Inquiries 23.5. About the Publisher 24. Copyright And DisclaimerCompanies Mentioned Carnival Corporation A.P. Moller MSC Mediterranean Shipping Company SA K-Line America Seacor Holdings Inc For more information about this report visit https://www.researchandmarkets.com/r/aiv6hi Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com Answer:
Worldwide Deep Sea, Coastal and Great Lakes Market to 2030 - Featuring Carnival, K-Line America & Seacor Holdings Among Others
DUBLIN, June 11, 2020 /PRNewswire/ -- The "Deep Sea, Coastal, And Great Lakes Global Market Report 2020-30: Covid 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering. This report provides the strategists, marketers and senior management with the critical information they need to assess the global deep sea, coastal, and great lakes market as it emerges from the Covid 19 shut down.The global deep sea, coastal, and great lakes market is expected to decline from $491.1 billion in 2019 to $463.7 billion in 2020 at a compound annual growth rate (CAGR) of -5.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $526.7 billion in 2023. Reasons to Purchase Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies. Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates. Create regional and country strategies on the basis of local data and analysis. Identify growth segments for investment. Outperform competitors using forecast data and the drivers and trends shaping the market. Understand customers based on the latest market research findings. Benchmark performance against key competitors. Utilize the relationships between key data sets for superior strategizing. Suitable for supporting your internal and external presentations with reliable high quality data and analysis Report will be updated with the latest data and delivered to you within 3 working days of order. Where is the largest and fastest growing market for the deep sea, coastal, and great lakes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Deep Sea, Coastal, And Great Lakes global market report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider deep sea, coastal, and great lakes market, and compares it with other markets. The market characteristics section of the report defines and explains the market. The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery. Market segmentations break down market into sub markets. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets. Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified. The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers. The deep sea, coastal, and great lakes market section of the report gives context. It compares the deep sea, coastal, and great lakes market with other segments of the water transportation market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, deep sea, coastal, and great lakes indicators comparison. The deep sea, coastal, and great lakes transportation market consists of sales of deep sea, coastal, and great lakes transportation services by entities (organizations, sole traders and partnerships) that provide deep sea, coastal, and great lakes transportation of passengers and cargo using watercraft, such as ships, barges, and boats.Asia Pacific was the largest region in the global deep sea, coastal, and great lakes market, accounting for 45% of the market in 2019. Western Europe was the second largest region accounting for 32% of the global deep sea, coastal, and great lakes market. Africa was the smallest region in the global deep sea, coastal, and great lakes market.Changing shift towards highly available less polluting fuels such as liquefied natural gas(LNG), biofuels and many more are growing recently. Pricing and low emission has resulted in increase in the demand of LNG. Furthermore, European Commission also planned to have 139 LNG refueling facilities for seagoing and inland vessels. Growth of LNG powered ships are likely to play a major role in Deep sea, coastal, and great lakes water transportation industry in the next decade. Companies namely Rolls Royce, Wartsila, MAN have developed different LNG engine technologies for better throughput.Key Topics Covered: 1. Executive Summary 2. Report Structure 3. Deep Sea, Coastal, And Great Lakes Market Characteristics 3.1. Market Definition 3.2. Key Segmentations 4. Deep Sea, Coastal, And Great Lakes Market Product Analysis 4.1. Leading Products/ Services 4.2. Key Features and Differentiators 4.3. Development Products 5. Deep Sea, Coastal, And Great Lakes Market Supply Chain 5.1. Supply Chain 5.2. Distribution 5.3. End Customers 6. Deep Sea, Coastal, And Great Lakes Market Customer Information 6.1. Customer Preferences 6.2. End Use Market Size and Growth 7. Deep Sea, Coastal, And Great Lakes Market Trends And Strategies 8. Deep Sea, Coastal, And Great Lakes Market Size And Growth 8.1. Market Size 8.2. Historic Market Growth, Value ($ Billion) 8.2.1. Drivers Of The Market 8.2.2. Restraints On The Market 8.3. Forecast Market Growth, Value ($ Billion) 8.3.1. Drivers Of The Market 8.3.2. Restraints On The Market 9. Deep Sea, Coastal, And Great Lakes Market Regional Analysis 9.1. Global Deep Sea, Coastal, And Great Lakes Market, 2019, By Region, Value ($ Billion) 9.2. Global Deep Sea, Coastal, And Great Lakes Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region 9.3. Global Deep Sea, Coastal, And Great Lakes Market, Growth And Market Share Comparison, By Region 10. Deep Sea, Coastal, And Great Lakes Market Segmentation 10.1. Global Deep Sea, Coastal, And Great Lakes Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion11. Deep Sea, Coastal, And Great Lakes Market Metrics 11.1. Deep Sea, Coastal, And Great Lakes Market Size, Percentage Of GDP, 2015-2023, Global 11.2. Per Capita Average Deep Sea, Coastal, And Great Lakes Market Expenditure, 2015-2023, Global 12. Asia-Pacific Deep Sea, Coastal, And Great Lakes Market13. Western Europe Deep Sea, Coastal, And Great Lakes Market14. Eastern Europe Deep Sea, Coastal, And Great Lakes Market15. North America Deep Sea, Coastal, And Great Lakes Market16. South America Deep Sea, Coastal, And Great Lakes Market17. Middle East Deep Sea, Coastal, And Great Lakes Market18. Africa Deep Sea, Coastal, And Great Lakes Market19. Deep Sea, Coastal, And Great Lakes Market Competitive Landscape 19.1. Competitive Market Overview 19.2. Market Shares 19.3. Company Profiles 19.3.1. Carnival Corporation 19.3.1.1. Company Overview 19.3.1.2. Products And Services 19.3.1.3. Strategy 19.3.1.4. Financial Performance 19.3.2. A.P. Moller 19.3.2.1. Company Overview 19.3.2.2. Products And Services 19.3.2.3. Strategy 19.3.2.4. Financial Performance 19.3.3. MSC Mediterranean Shipping Company SA 19.3.3.1. Company Overview 19.3.3.2. Products And Services 19.3.3.3. Strategy 19.3.3.4. Financial Performance 19.3.4. K-Line America 19.3.4.1. Company Overview 19.3.4.2. Products And Services 19.3.4.3. Strategy 19.3.4.4. Financial Performance 19.3.5. Seacor Holdings Inc 19.3.5.1. Company Overview 19.3.5.2. Products And Services 19.3.5.3. Strategy 19.3.5.4. Financial Performance 20. Key Mergers And Acquisitions In The Deep Sea, Coastal, And Great Lakes Market 21. Market Background: Water Transportation Market 21.1. Water Transportation Market Characteristics 21.2. Water Transportation Market Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F Growth, By Segment, Value ($ Billion), Global 21.3. Global Water Transportation Market, 2019, By Region, Value ($ Billion) 21.4. Global Water Transportation Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region 21.5. Global Water Transportation Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion) 22. Recommendations 22.1. Global Deep Sea, Coastal, And Great Lakes Market In 2023- Growth Countries 22.2. Global Deep Sea, Coastal, And Great Lakes Market In 2023- Growth Segments 22.3. Global Deep Sea, Coastal, And Great Lakes Market In 2023- Growth Strategies 23. Appendix 23.1. NAICS Definitions Of Industry Covered In This Report 23.2. Abbreviations 23.3. Currencies 23.4. Research Inquiries 23.5. About the Publisher 24. Copyright And DisclaimerCompanies Mentioned Carnival Corporation A.P. Moller MSC Mediterranean Shipping Company SA K-Line America Seacor Holdings Inc For more information about this report visit https://www.researchandmarkets.com/r/aiv6hi Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
edtsum140
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DES MOINES, Iowa, Dec. 2, 2020 /PRNewswire/ -- Meredith Corporation has been included on Newsweek's list of America's Most Responsible Companies for 2021. This recognition is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The list was announced earlier today and can currently be viewed on Newsweek's website. "As one of America's leading media and marketing companies, we are devoted to providing our consumers with essential, inspiring and trusted content; making our operations more environmentally friendly; and creating a just and inclusive environment for everyone," said Meredith Chairman and CEO Tom Harty. "Along with our 5,000 employees, I am honored to be recognized by Newsweek and Statista for our commitment to corporate social responsibility leadership." America's Most Responsible Companies were selected based on publicly available key performance indicators derived from corporate social responsibility, sustainability, and corporate citizenship reports, as well as an independent survey. The key performance indicators focused on company performance in the environmental, social, and corporate governance areas, and the independent survey asked U.S. citizens about their perceptions of company activities related to corporate social responsibility. Newsweek's list recognizes the top 400 most responsible companies in the United States, spanning 14 industries. "Our list of America's Most Responsible Companies highlights the firms that are bestwhen it comes to doing good," said Nancy Cooper, Newsweek's Global Editor in Chief."Congratulations to everyone at Meredith for earning this recognition." ABOUT MEREDITH CORPORATIONMeredith Corporation(NYSE: MDP), a leading media company for nearly 120 years, produces service journalism that engages audiences with essential, inspiring and trusted content. Meredith reaches consumers where they are across multiple platforms including digital, video, print, and broadcast television.Meredith's National Media Group reaches nearly 95 percent of all U.S. women and more than 190 million unduplicated American consumers every month through such iconic brands as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, and REAL SIMPLE. Meredith's premium digital network reaches more than 150 million consumers each month. The company is the No. 1 U.S. magazine operator with 36 million subscribers, and the No. 2 global licensor with robust brand licensing activities that include a Better Homes & Gardens partnership with Walmart. Meredith's Local Media Group portfolio includes 17 television stations reaching 11 percent of U.S. households and 30 million viewers. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 markets, including Atlanta, Phoenix, St. Louis and Portland, and 13 stations in the Top 50. SOURCE Meredith Corporation Related Links https://www.meredith.com Answer:
Meredith Corporation Included on Newsweek's List of America's Most Responsible Companies
DES MOINES, Iowa, Dec. 2, 2020 /PRNewswire/ -- Meredith Corporation has been included on Newsweek's list of America's Most Responsible Companies for 2021. This recognition is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The list was announced earlier today and can currently be viewed on Newsweek's website. "As one of America's leading media and marketing companies, we are devoted to providing our consumers with essential, inspiring and trusted content; making our operations more environmentally friendly; and creating a just and inclusive environment for everyone," said Meredith Chairman and CEO Tom Harty. "Along with our 5,000 employees, I am honored to be recognized by Newsweek and Statista for our commitment to corporate social responsibility leadership." America's Most Responsible Companies were selected based on publicly available key performance indicators derived from corporate social responsibility, sustainability, and corporate citizenship reports, as well as an independent survey. The key performance indicators focused on company performance in the environmental, social, and corporate governance areas, and the independent survey asked U.S. citizens about their perceptions of company activities related to corporate social responsibility. Newsweek's list recognizes the top 400 most responsible companies in the United States, spanning 14 industries. "Our list of America's Most Responsible Companies highlights the firms that are bestwhen it comes to doing good," said Nancy Cooper, Newsweek's Global Editor in Chief."Congratulations to everyone at Meredith for earning this recognition." ABOUT MEREDITH CORPORATIONMeredith Corporation(NYSE: MDP), a leading media company for nearly 120 years, produces service journalism that engages audiences with essential, inspiring and trusted content. Meredith reaches consumers where they are across multiple platforms including digital, video, print, and broadcast television.Meredith's National Media Group reaches nearly 95 percent of all U.S. women and more than 190 million unduplicated American consumers every month through such iconic brands as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, and REAL SIMPLE. Meredith's premium digital network reaches more than 150 million consumers each month. The company is the No. 1 U.S. magazine operator with 36 million subscribers, and the No. 2 global licensor with robust brand licensing activities that include a Better Homes & Gardens partnership with Walmart. Meredith's Local Media Group portfolio includes 17 television stations reaching 11 percent of U.S. households and 30 million viewers. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 markets, including Atlanta, Phoenix, St. Louis and Portland, and 13 stations in the Top 50. SOURCE Meredith Corporation Related Links https://www.meredith.com
edtsum141
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK--(BUSINESS WIRE)--On February 28, Black Beauty Roster will host a one-day virtual event to discuss some of the most relevant and important topics facing people of color (POC), particularly Black creatives working in beauty and entertainment today. Powered by Bonnti, in partnership with industry leaders LOral Paris and SHOWTIME, the BBR Virtual Summit is free and open to beauty and entertainment professionals who are passionate about building their brand, gaining new skills, and driving a more equitable and inclusive industry for all. Gabrielle Union, actress and founder of haircare line Flawless by Gabrielle Union, will share her experiences in the industry during a special fireside chat. Early in my career, I struggled to work with beauty professionals that were trained to work with my hair texture and skin tone, said Union. I cant emphasize enough how important the work that Black Beauty Roster is doing to transform the industry and ensure every individual who sits in a beauty professionals chair walks away feeling flawless. The event will feature a series of panels and breakout sessions where attendees can hear from established beauty veterans and Hollywood insiders. These sessions will cover topics unique to POC beauty professionals, including everything from tips to breaking into film & TV and negotiating rates, to tutorials on the basics of textured hair and shade matching. Hosted by Black Beauty Roster co-founders, Simone Tetteh and Maude Okrah, the BBR Virtual Summit will include special sessions from members of the Black Beauty Roster Leadership Council, including celebrity hairstylists Vernon Franois and Larry Sims, celebrity makeup artist Sir John, model Mam Adjei, and many more. We created Black Beauty Roster to support Black beauty professionals while simultaneously driving a larger conversation on the topic of representation in the industry, said Simone Tetteh, co-founder of Black Beauty Roster and Bonnti. The need for these conversations has escalated over the past year, as beauty professionals continue to struggle to keep their businesses afloat. We want to provide the skills, resources, and tools to help anyone succeed in this field. This live-streamed event is an opportunity to redefine beauty standards in entertainment, shape cultural conversations, and provide support to POC beauty professionals who have faced unique challenges throughout the Covid-19 pandemic. Individuals interested in attending the BBR Virtual Summit can visit blackbeautyroster.com/BBRSummit to register for free. The event will take place on February 28th from 12 pm EST to 8 pm EST. To learn more about Black Beauty Roster and its mission, please visit: blackbeautyroster.com About Bonnti Bonntis mission is to give more people of color a voice and choice in beauty. Founded by Maude Okrah and Simone Tetteh, Bonnti is a luxury beauty concierge that provides consumers with a personalized at-home beauty experience. Bonntis beauty artists are trained to work with a diverse set of clients with varying hair textures and skin types to ensure each customer has their needs met with care. About Black Beauty Roster Black Beauty Roster is a platform dedicated to providing education, opportunity, and allyship to BIPOC beauty professionals as well as an education to non-POC on textured hair and darker skin tones. BBR was created by the founders of Bonnti with the aim of creating a path toward representation in the beauty industry, while supporting the challenges that Black beauty professionals are facing during the pandemic. Answer:
Gabrielle Union Joins Black Beauty Roster Virtual Summit: Diversifying Beauty in Hollywood In a first-of-its-kind digital event, presented in partnership with LOral Paris and SHOWTIME, Black Beauty Roster (BBR) will bring together beauty pros and Hollywood insiders to learn, discuss, and advocate for a much-needed shift in representation in the entertainment and beauty industries.
NEW YORK--(BUSINESS WIRE)--On February 28, Black Beauty Roster will host a one-day virtual event to discuss some of the most relevant and important topics facing people of color (POC), particularly Black creatives working in beauty and entertainment today. Powered by Bonnti, in partnership with industry leaders LOral Paris and SHOWTIME, the BBR Virtual Summit is free and open to beauty and entertainment professionals who are passionate about building their brand, gaining new skills, and driving a more equitable and inclusive industry for all. Gabrielle Union, actress and founder of haircare line Flawless by Gabrielle Union, will share her experiences in the industry during a special fireside chat. Early in my career, I struggled to work with beauty professionals that were trained to work with my hair texture and skin tone, said Union. I cant emphasize enough how important the work that Black Beauty Roster is doing to transform the industry and ensure every individual who sits in a beauty professionals chair walks away feeling flawless. The event will feature a series of panels and breakout sessions where attendees can hear from established beauty veterans and Hollywood insiders. These sessions will cover topics unique to POC beauty professionals, including everything from tips to breaking into film & TV and negotiating rates, to tutorials on the basics of textured hair and shade matching. Hosted by Black Beauty Roster co-founders, Simone Tetteh and Maude Okrah, the BBR Virtual Summit will include special sessions from members of the Black Beauty Roster Leadership Council, including celebrity hairstylists Vernon Franois and Larry Sims, celebrity makeup artist Sir John, model Mam Adjei, and many more. We created Black Beauty Roster to support Black beauty professionals while simultaneously driving a larger conversation on the topic of representation in the industry, said Simone Tetteh, co-founder of Black Beauty Roster and Bonnti. The need for these conversations has escalated over the past year, as beauty professionals continue to struggle to keep their businesses afloat. We want to provide the skills, resources, and tools to help anyone succeed in this field. This live-streamed event is an opportunity to redefine beauty standards in entertainment, shape cultural conversations, and provide support to POC beauty professionals who have faced unique challenges throughout the Covid-19 pandemic. Individuals interested in attending the BBR Virtual Summit can visit blackbeautyroster.com/BBRSummit to register for free. The event will take place on February 28th from 12 pm EST to 8 pm EST. To learn more about Black Beauty Roster and its mission, please visit: blackbeautyroster.com About Bonnti Bonntis mission is to give more people of color a voice and choice in beauty. Founded by Maude Okrah and Simone Tetteh, Bonnti is a luxury beauty concierge that provides consumers with a personalized at-home beauty experience. Bonntis beauty artists are trained to work with a diverse set of clients with varying hair textures and skin types to ensure each customer has their needs met with care. About Black Beauty Roster Black Beauty Roster is a platform dedicated to providing education, opportunity, and allyship to BIPOC beauty professionals as well as an education to non-POC on textured hair and darker skin tones. BBR was created by the founders of Bonnti with the aim of creating a path toward representation in the beauty industry, while supporting the challenges that Black beauty professionals are facing during the pandemic.
edtsum142
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SAN JOSE, Calif. & HYDERABAD, India--(BUSINESS WIRE)--Analytics Insight has announced 'The 10 Most Disruptive Companies to Watch in 2021' in its March magazine issue. The issue features innovative companies that aim to deliver superior business performance while addressing the market demands. By integrating cutting-edge technologies in the business pipeline to create solutions, the companies push the boundaries of digital transformation to new benchmarks. Let's look at the ten companies that made it to the list in 2021. Featuring as the Cover Story is Grow.com, a no-code full-stack business intelligence (BI) platform that empowers enterprises to make data-driven decisions. The platform achieves this by combining data integrations, data warehousing, and visualization in one easy-to-use platform, to connect and explore its data. Further, Grow's unlimited-user license gives everyone access to the answers they need without waiting for an analyst. The issue features Emonics, Eugenie.ai, Loamics as Company of the Month. Emonics: An IT staffing and software development company that focuses on placing IT consultants on the job by acting as a bridge between consultations and clients. The company gets the consultant jobs done and fulfills the clients' requirements by delivering the most optimal IT staffing solutions by listening to their needs. It also has a large software development team that develops products and services. Eugenie.ai: A unique decision intelligence and execution platform which enables enterprises to make efficient and optimal operational decisions about their assets and processes. The company addresses issues related to anomalies in operations such as unscheduled downtime detection, production quality issue detections, process-deviation detection, etc., using its descriptive, prescriptive, and predictive analytics products. Loamics: The company specializes in data management, making data truly accessible for analytics and AI. By making data readily available, both dynamically and automatically, Loamics enables data adaption as per the needs of business function. It democratizes data by transforming it into datasets and saving data scientists time on no-added-value tasks and allowing them to focus their energy on more complex tasks. Other honorable companies include: INTSITE: The company utilizes AI and machine learning to improve efficiency and safety on construction job sites and mines. Its clients benefit from real-time actionable insights about the onsite occurrences and a web-based platform for analytics, zoning applications, and more. OpsTree Solutions: The company empowers product & engineering teams with best of breed Cloud & DevOpSecOps platform implementations that enable getting to market faster, more securely and with ability to maintain the platform much more efficiently. Predictive Black: A company that offers transformational cash visibility, management and forecasting software that for the first time combines macro market and economic sector data with the client's financial data to create machine learning-based predictive forecasts. Thinkers360: The company is the world's first open platform for thought leaders and influencers to share opportunities, promote and advance their expertise. Its tools help in finding and working, and even showcasing premier thought leaders and authentic influencers in B2B community. T-Systems: It is the world's leading IT service provider and supplier of digital services. As a subsidiary of Deutsche Telekon, the company provides all essential building blocks for innovative information technology and digitization to more than 1,000 global clients. Digitate: A leading software provider that brings agility, assurance and resiliency to IT and business operations. Its software suite - ignio, reimages the enterprise IT landscape with a unique and innovative design that blends artificial intelligence technologies and advanced software engineering. The featured companies are transforming the way industries operate to bring broad portfolio of next-generation tech solutions and offerings. They have displayed resilience and agility to dynamic industry trends and challenges. In this issue, Analytics Insight Magazine highlights the success stories of top disruptive companies that have driven themselves into profitable and exponential growth via disruptive innovation. Read their detailed coverage here. For more information, please visit https://www.analyticsinsight.net/. About Analytics Insight Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by AI, big data and analytics companies across the globe. The Analytics Insight Magazine features opinions and views from top leaders and executives in the industry who share their journey, experiences, success stories, and knowledge to grow profitable businesses. To set up an interview or advertise your brand, contact info@analyticsinsight.net Answer:
Analytics Insight Announces The 10 Most Disruptive Companies to Watch in 2021
SAN JOSE, Calif. & HYDERABAD, India--(BUSINESS WIRE)--Analytics Insight has announced 'The 10 Most Disruptive Companies to Watch in 2021' in its March magazine issue. The issue features innovative companies that aim to deliver superior business performance while addressing the market demands. By integrating cutting-edge technologies in the business pipeline to create solutions, the companies push the boundaries of digital transformation to new benchmarks. Let's look at the ten companies that made it to the list in 2021. Featuring as the Cover Story is Grow.com, a no-code full-stack business intelligence (BI) platform that empowers enterprises to make data-driven decisions. The platform achieves this by combining data integrations, data warehousing, and visualization in one easy-to-use platform, to connect and explore its data. Further, Grow's unlimited-user license gives everyone access to the answers they need without waiting for an analyst. The issue features Emonics, Eugenie.ai, Loamics as Company of the Month. Emonics: An IT staffing and software development company that focuses on placing IT consultants on the job by acting as a bridge between consultations and clients. The company gets the consultant jobs done and fulfills the clients' requirements by delivering the most optimal IT staffing solutions by listening to their needs. It also has a large software development team that develops products and services. Eugenie.ai: A unique decision intelligence and execution platform which enables enterprises to make efficient and optimal operational decisions about their assets and processes. The company addresses issues related to anomalies in operations such as unscheduled downtime detection, production quality issue detections, process-deviation detection, etc., using its descriptive, prescriptive, and predictive analytics products. Loamics: The company specializes in data management, making data truly accessible for analytics and AI. By making data readily available, both dynamically and automatically, Loamics enables data adaption as per the needs of business function. It democratizes data by transforming it into datasets and saving data scientists time on no-added-value tasks and allowing them to focus their energy on more complex tasks. Other honorable companies include: INTSITE: The company utilizes AI and machine learning to improve efficiency and safety on construction job sites and mines. Its clients benefit from real-time actionable insights about the onsite occurrences and a web-based platform for analytics, zoning applications, and more. OpsTree Solutions: The company empowers product & engineering teams with best of breed Cloud & DevOpSecOps platform implementations that enable getting to market faster, more securely and with ability to maintain the platform much more efficiently. Predictive Black: A company that offers transformational cash visibility, management and forecasting software that for the first time combines macro market and economic sector data with the client's financial data to create machine learning-based predictive forecasts. Thinkers360: The company is the world's first open platform for thought leaders and influencers to share opportunities, promote and advance their expertise. Its tools help in finding and working, and even showcasing premier thought leaders and authentic influencers in B2B community. T-Systems: It is the world's leading IT service provider and supplier of digital services. As a subsidiary of Deutsche Telekon, the company provides all essential building blocks for innovative information technology and digitization to more than 1,000 global clients. Digitate: A leading software provider that brings agility, assurance and resiliency to IT and business operations. Its software suite - ignio, reimages the enterprise IT landscape with a unique and innovative design that blends artificial intelligence technologies and advanced software engineering. The featured companies are transforming the way industries operate to bring broad portfolio of next-generation tech solutions and offerings. They have displayed resilience and agility to dynamic industry trends and challenges. In this issue, Analytics Insight Magazine highlights the success stories of top disruptive companies that have driven themselves into profitable and exponential growth via disruptive innovation. Read their detailed coverage here. For more information, please visit https://www.analyticsinsight.net/. About Analytics Insight Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by AI, big data and analytics companies across the globe. The Analytics Insight Magazine features opinions and views from top leaders and executives in the industry who share their journey, experiences, success stories, and knowledge to grow profitable businesses. To set up an interview or advertise your brand, contact info@analyticsinsight.net
edtsum143
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SYDNEY, Dec. 15, 2020 /PRNewswire/ -- Clarity Pharmaceuticals, a clinical stage radiopharmaceutical company focused on the treatment of serious disease, is pleased to announce that it has completed a capital raising of $25,000,410. Dr Alan Taylor, Executive Chairman of Clarity Pharmaceuticals, commented, "It has been a pivotal year for Clarity with numerous critical milestones achieved in the development of our main products, advancement of our platform, as well as accelerated corporate and strategic activities despite facing an unprecedented global environment. "The money raised will enable us to keep the momentum from 2020 going and provide financial resources to progress the following important initiatives: - SARTATE Progress the Cu-64/Cu-67 SARTATE Neuroblastoma trial at the Memorial Sloan Kettering Cancer Center in children with neuroblastoma; Expand the Cu-64/Cu-67 SARTATE Neuroblastoma trial to additional clinical sites across the US with the ultimate goal of developing better treatment options for children with cancer; and Commence patient recruitment in Phase II Cu-64 SARTATE Neuroendocrine trial. - SAR-Bombesin Progress and expand the Cu-64 BOmbesin in Breast CAncer Trial (C-BOBCAT) led by A/Prof Louise Emmett, Director of Theranostics and Nuclear Medicine, at St Vincent's Hospital in Sydney with an aim of developing better treatment options to women with metastatic breast cancer, an area currently with a high unmet need; Expand the C-BOBCAT trial to include prostate cancer patients; and Seek US Food and Drug Administration's (FDA) approval for an Investigational New Drug (IND) Application. - SAR-bisPSMA Commence a clinical trial in the US for Cu-64/Cu-67 SAR-bisPSMA (theranostic) and in Australia for Cu-64 SAR-bisPSMA (diagnostic) to build on the promising pre-clinical data with the help of an internationally recognised team of key opinion leaders in the prostate cancer field; and Seek US FDA approval for an IND Application. - Develop new targeted theranostic productsfor a broad range of cancer types, utilising Clarity's SAR Technology Platform and the Cu-64/Cu-67 pairing." Dr Taylor continued, "Clarity has a strong focus on getting its lead product SARTATE to market, supported by the US FDA granting both Cu-67 SARTATE and Cu-64 SARTATE Orphan Drug Designations and Rare Paediatric Disease Designations for the treatment and clinical management of neuroblastoma, as well as developing the copper platform in large and unmet clinical indications." "It has been a very exciting year for Clarity" Dr Taylor added. "We would like to sincerely thank our long-term shareholders for their continued support of Clarity, as well as welcome and thank a broad range of new shareholders including institutions, family offices, high net-worth individuals and others who wanted to be part of the Clarity story. We would also like to thank Blue Ocean Equities for their contribution in assisting us with the capital raise." About Clarity Clarity is a clinical stage radiopharmaceutical company focused on the treatment of serious disease. The Company is a leader in innovative radiopharmaceuticals, developing targeted therapies based on it's SAR Technology Platform for the treatment of cancer and other serious diseases in adults and children. www.claritypharmaceuticals.com SOURCE Clarity Pharmaceuticals Related Links www.claritypharmaceuticals.com Answer:
Clarity Pharmaceuticals closes $25m capital raising
SYDNEY, Dec. 15, 2020 /PRNewswire/ -- Clarity Pharmaceuticals, a clinical stage radiopharmaceutical company focused on the treatment of serious disease, is pleased to announce that it has completed a capital raising of $25,000,410. Dr Alan Taylor, Executive Chairman of Clarity Pharmaceuticals, commented, "It has been a pivotal year for Clarity with numerous critical milestones achieved in the development of our main products, advancement of our platform, as well as accelerated corporate and strategic activities despite facing an unprecedented global environment. "The money raised will enable us to keep the momentum from 2020 going and provide financial resources to progress the following important initiatives: - SARTATE Progress the Cu-64/Cu-67 SARTATE Neuroblastoma trial at the Memorial Sloan Kettering Cancer Center in children with neuroblastoma; Expand the Cu-64/Cu-67 SARTATE Neuroblastoma trial to additional clinical sites across the US with the ultimate goal of developing better treatment options for children with cancer; and Commence patient recruitment in Phase II Cu-64 SARTATE Neuroendocrine trial. - SAR-Bombesin Progress and expand the Cu-64 BOmbesin in Breast CAncer Trial (C-BOBCAT) led by A/Prof Louise Emmett, Director of Theranostics and Nuclear Medicine, at St Vincent's Hospital in Sydney with an aim of developing better treatment options to women with metastatic breast cancer, an area currently with a high unmet need; Expand the C-BOBCAT trial to include prostate cancer patients; and Seek US Food and Drug Administration's (FDA) approval for an Investigational New Drug (IND) Application. - SAR-bisPSMA Commence a clinical trial in the US for Cu-64/Cu-67 SAR-bisPSMA (theranostic) and in Australia for Cu-64 SAR-bisPSMA (diagnostic) to build on the promising pre-clinical data with the help of an internationally recognised team of key opinion leaders in the prostate cancer field; and Seek US FDA approval for an IND Application. - Develop new targeted theranostic productsfor a broad range of cancer types, utilising Clarity's SAR Technology Platform and the Cu-64/Cu-67 pairing." Dr Taylor continued, "Clarity has a strong focus on getting its lead product SARTATE to market, supported by the US FDA granting both Cu-67 SARTATE and Cu-64 SARTATE Orphan Drug Designations and Rare Paediatric Disease Designations for the treatment and clinical management of neuroblastoma, as well as developing the copper platform in large and unmet clinical indications." "It has been a very exciting year for Clarity" Dr Taylor added. "We would like to sincerely thank our long-term shareholders for their continued support of Clarity, as well as welcome and thank a broad range of new shareholders including institutions, family offices, high net-worth individuals and others who wanted to be part of the Clarity story. We would also like to thank Blue Ocean Equities for their contribution in assisting us with the capital raise." About Clarity Clarity is a clinical stage radiopharmaceutical company focused on the treatment of serious disease. The Company is a leader in innovative radiopharmaceuticals, developing targeted therapies based on it's SAR Technology Platform for the treatment of cancer and other serious diseases in adults and children. www.claritypharmaceuticals.com SOURCE Clarity Pharmaceuticals Related Links www.claritypharmaceuticals.com
edtsum144
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DANVILLE Pa. and WILKES-BARRE Pa. and SCRANTON, Pa., Nov. 30, 2020 /PRNewswire/ -- Facing down a mysterious, deadly disease, caregivers across Geisinger's hospitals have grappled with a harrowing inundation of patients battling COVID-19. A 30-minute documentary, "Five Days in May Inside the fight against COVID-19," offers a raw, emotional look at the challenges faced by teams across Geisinger during the pandemic's first peak in northeastern and central Pennsylvania. Over five days, the documentary captures the ingenuity of Geisinger's last lines of defense as they cared for over 100 critically ill patients who were stricken with the raging, unpredictable disease. "It was fast and furious. And the number of cases that came in was so quick, we just could not keep pace with it initially," said Dr. Ujwal Ratna Tuladhar, associate hospitalist at Geisinger Community Medical Center in Scranton. "When you see those numbers on the TV screen on the news it's almost numbing, but when you're here and you see these patients, it becomes real," said Dr. Paul Arkless, associate director, Pulmonary & Critical Care Medicine at Geisinger Wyoming Valley Medical Center in Wilkes-Barre. The documentary provides an inside look at the fight against COVID-19 through the eyes of critical care physicians, nurses and supply chain leaders at hospitals including Geisinger Medical Center in Danville, Geisinger Wyoming Valley Medical Center in Wilkes-Barre, and Geisinger Community Medical Center in Scranton. "There was fear, there were tears, there was concern and all extremely valid. I felt that along with them, because there was a lot of unknowns," said registered nurse Chad Cope, ICU operations manager at Geisinger Community Medical Center. The documentary is released at a time when Geisinger and most hospital systems across the country is grappling with the most intense surge of COVID-19 this year, which has created unprecedented capacity demands and taxed an already fatigued staff. Directed and produced by Kristin Doran, the documentary was filmed over five days in May when Geisinger believed the pandemic's spread was at its height with just over 130 patients with COVID-19 hospitalized across the system. This fall surge has seen more than double the number of hospitalizations and ICU stays than in the spring. We are currently seeing numbers as high as 200-plus inpatients with COVID-19. Geisinger is seeing a new COVID-19 admission about every hour. In recent days, Geisinger has positivity rates over 20%, and as recently as the late summer, positivity rates were under 3%. "Geisinger is now seeing record numbers of COVID activity in our communities and our hospitals. It's full-blown community spread," said Janet Tomcavage, executive vice president and chief nurse executive at Geisinger. "What you'll witness in this documentary is the real experience of our heroic staff, and evidence that we desperately need the community's continued support. If you're asking how to help please, wear a mask. This is far from over." Since March 2020, nearly 1,700 people with COVID-19 have been hospitalized at Geisinger. Nearly a quarter of them have required care in Geisinger's intensive care units, half of whom needed ventilators. The documentary can be viewed in its entirety here: Geisinger.org/5DaysinMay About GeisingerGeisinger is committed to making better health easier for the more than 1 million people it serves. Founded more than 100 years ago by Abigail Geisinger, the system now includes nine hospital campuses, a 550,000-member health plan, two research centers and the Geisinger Commonwealth School of Medicine. With nearly 24,000 employees and more than 1,600 employed physicians, Geisinger boosts its hometown economies in Pennsylvania by billions of dollars annually. Learn more atgeisinger.org or connect with us onFacebook, Instagram, LinkedIn and Twitter. CONTACT: Alysha Davis [emailprotected] 570-808-3652 SOURCE Geisinger Health System Related Links http://www.geisinger.org Answer:
Documentary takes viewers to the front lines of Geisinger's COVID-19 response "Five Days in May -- Inside the fight against COVID-19" captures emotional toll, ingenuity during pandemic's surge
DANVILLE Pa. and WILKES-BARRE Pa. and SCRANTON, Pa., Nov. 30, 2020 /PRNewswire/ -- Facing down a mysterious, deadly disease, caregivers across Geisinger's hospitals have grappled with a harrowing inundation of patients battling COVID-19. A 30-minute documentary, "Five Days in May Inside the fight against COVID-19," offers a raw, emotional look at the challenges faced by teams across Geisinger during the pandemic's first peak in northeastern and central Pennsylvania. Over five days, the documentary captures the ingenuity of Geisinger's last lines of defense as they cared for over 100 critically ill patients who were stricken with the raging, unpredictable disease. "It was fast and furious. And the number of cases that came in was so quick, we just could not keep pace with it initially," said Dr. Ujwal Ratna Tuladhar, associate hospitalist at Geisinger Community Medical Center in Scranton. "When you see those numbers on the TV screen on the news it's almost numbing, but when you're here and you see these patients, it becomes real," said Dr. Paul Arkless, associate director, Pulmonary & Critical Care Medicine at Geisinger Wyoming Valley Medical Center in Wilkes-Barre. The documentary provides an inside look at the fight against COVID-19 through the eyes of critical care physicians, nurses and supply chain leaders at hospitals including Geisinger Medical Center in Danville, Geisinger Wyoming Valley Medical Center in Wilkes-Barre, and Geisinger Community Medical Center in Scranton. "There was fear, there were tears, there was concern and all extremely valid. I felt that along with them, because there was a lot of unknowns," said registered nurse Chad Cope, ICU operations manager at Geisinger Community Medical Center. The documentary is released at a time when Geisinger and most hospital systems across the country is grappling with the most intense surge of COVID-19 this year, which has created unprecedented capacity demands and taxed an already fatigued staff. Directed and produced by Kristin Doran, the documentary was filmed over five days in May when Geisinger believed the pandemic's spread was at its height with just over 130 patients with COVID-19 hospitalized across the system. This fall surge has seen more than double the number of hospitalizations and ICU stays than in the spring. We are currently seeing numbers as high as 200-plus inpatients with COVID-19. Geisinger is seeing a new COVID-19 admission about every hour. In recent days, Geisinger has positivity rates over 20%, and as recently as the late summer, positivity rates were under 3%. "Geisinger is now seeing record numbers of COVID activity in our communities and our hospitals. It's full-blown community spread," said Janet Tomcavage, executive vice president and chief nurse executive at Geisinger. "What you'll witness in this documentary is the real experience of our heroic staff, and evidence that we desperately need the community's continued support. If you're asking how to help please, wear a mask. This is far from over." Since March 2020, nearly 1,700 people with COVID-19 have been hospitalized at Geisinger. Nearly a quarter of them have required care in Geisinger's intensive care units, half of whom needed ventilators. The documentary can be viewed in its entirety here: Geisinger.org/5DaysinMay About GeisingerGeisinger is committed to making better health easier for the more than 1 million people it serves. Founded more than 100 years ago by Abigail Geisinger, the system now includes nine hospital campuses, a 550,000-member health plan, two research centers and the Geisinger Commonwealth School of Medicine. With nearly 24,000 employees and more than 1,600 employed physicians, Geisinger boosts its hometown economies in Pennsylvania by billions of dollars annually. Learn more atgeisinger.org or connect with us onFacebook, Instagram, LinkedIn and Twitter. CONTACT: Alysha Davis [emailprotected] 570-808-3652 SOURCE Geisinger Health System Related Links http://www.geisinger.org
edtsum145
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, Jan. 13, 2021 /PRNewswire/ --Wheels Up, the leading brand in private aviation, today announces the appointment of Francesca Molinari to the newly created position of Chief People Officer. In this role, Molinari will lead all aspects of human resources and culture at Wheels Up including organizational design, talent acquisition, development, and retention, as well as diversity and inclusion functions. Molinari will report directly to Wheels Up Founder and CEO Kenny Dichter. Wheels Up Taps Francesca Molinari as Chief People Officer "Francesca's deep experience running global HR for some of the world's largest digital brands will be key in furthering our culture, attracting new talent, and leveraging the strength and passion of our over 2,000 Wheels Up employees," said Dichter. "With her leadership, we will continue to strive for organizational excellence and to foster an exceptionally smart, motivated, and diverse team." "I am excited to be joining a company that believes as strongly in supporting their own employees as they do in supporting their Members and Customers. I'm impressed by everyone at Wheels Up and their passion for the Company and being a part a winning culture," said Molinari. Molinari most recently led Human Resources Business Partnering for Adobe's Digital Experience marketing cloud business, with a focus on driving organizational growth, scalability, and transformation for more than 5,000 employees worldwide. She successfully achieved high levels of employee engagement and retention while supporting the business' organic growth and the back-to-back acquisitions of Magento and Marketo. Prior to her time at Adobe, she served as Chief Human Resources Officer at Magento. Molinari also held leadership roles in people management for major corporations including eBay, GE Capital, and Macy's.Molinari holds an undergraduate degree from Hofstra University and a Masters degree in Human Resources Management from The New School University.About Wheels Up:Wheels Up, the leading brand in private aviation and the only company in the industry to offer a total private aviation solution, was founded and is led by renowned entrepreneurKenny Dichter. Wheels Up delivers world-class safety, service, and flexibility through on-demand flights, membership programs, corporate solutions, aircraft management, whole aircraft sales, and commercial travel benefits through a strategic partnership with Delta Air Lines. Wheels UpCustomers and Members have access to over1,500 safety-vetted and verified aircraft.Through the Wheels Up App anyone can search, book and fly.Wheels UpConnect, Core, and Business memberships provideenhancements such as flight sharing, empty-leg Hot Flights, ShuttleFlights, Shared Flights, signature Wheels Down events, and exclusive member benefits from preeminent lifestyle brands.The Company's ongoing Wheels Up Cares program aligns with philanthropic organizations and initiatives that affect and matter to the Company and its customers, members, stakeholders, families, and friends. The Wheels Up Cares fleet is comprised of five custom painted Beechcraft King Air 350i aircraft; each plane serves as a flying symbol for a specific cause.To learn more about Wheels Up, go toWheelsup.com.Follow Wheels Up onFacebook|Twitter|Instagram|GoogleWheels Up Media Contact:JONESWORKS[emailprotected](212) 839-0111SOURCE Wheels Up Answer:
Wheels Up Taps Francesca Molinari as Chief People Officer
NEW YORK, Jan. 13, 2021 /PRNewswire/ --Wheels Up, the leading brand in private aviation, today announces the appointment of Francesca Molinari to the newly created position of Chief People Officer. In this role, Molinari will lead all aspects of human resources and culture at Wheels Up including organizational design, talent acquisition, development, and retention, as well as diversity and inclusion functions. Molinari will report directly to Wheels Up Founder and CEO Kenny Dichter. Wheels Up Taps Francesca Molinari as Chief People Officer "Francesca's deep experience running global HR for some of the world's largest digital brands will be key in furthering our culture, attracting new talent, and leveraging the strength and passion of our over 2,000 Wheels Up employees," said Dichter. "With her leadership, we will continue to strive for organizational excellence and to foster an exceptionally smart, motivated, and diverse team." "I am excited to be joining a company that believes as strongly in supporting their own employees as they do in supporting their Members and Customers. I'm impressed by everyone at Wheels Up and their passion for the Company and being a part a winning culture," said Molinari. Molinari most recently led Human Resources Business Partnering for Adobe's Digital Experience marketing cloud business, with a focus on driving organizational growth, scalability, and transformation for more than 5,000 employees worldwide. She successfully achieved high levels of employee engagement and retention while supporting the business' organic growth and the back-to-back acquisitions of Magento and Marketo. Prior to her time at Adobe, she served as Chief Human Resources Officer at Magento. Molinari also held leadership roles in people management for major corporations including eBay, GE Capital, and Macy's.Molinari holds an undergraduate degree from Hofstra University and a Masters degree in Human Resources Management from The New School University.About Wheels Up:Wheels Up, the leading brand in private aviation and the only company in the industry to offer a total private aviation solution, was founded and is led by renowned entrepreneurKenny Dichter. Wheels Up delivers world-class safety, service, and flexibility through on-demand flights, membership programs, corporate solutions, aircraft management, whole aircraft sales, and commercial travel benefits through a strategic partnership with Delta Air Lines. Wheels UpCustomers and Members have access to over1,500 safety-vetted and verified aircraft.Through the Wheels Up App anyone can search, book and fly.Wheels UpConnect, Core, and Business memberships provideenhancements such as flight sharing, empty-leg Hot Flights, ShuttleFlights, Shared Flights, signature Wheels Down events, and exclusive member benefits from preeminent lifestyle brands.The Company's ongoing Wheels Up Cares program aligns with philanthropic organizations and initiatives that affect and matter to the Company and its customers, members, stakeholders, families, and friends. The Wheels Up Cares fleet is comprised of five custom painted Beechcraft King Air 350i aircraft; each plane serves as a flying symbol for a specific cause.To learn more about Wheels Up, go toWheelsup.com.Follow Wheels Up onFacebook|Twitter|Instagram|GoogleWheels Up Media Contact:JONESWORKS[emailprotected](212) 839-0111SOURCE Wheels Up
edtsum146
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SAN FRANCISCO, Nov. 16, 2020 /PRNewswire/ --HelloMD, a digital health platform for non-traditional care, announced today it has returned to the U.S. market with Larry Lisser, founding team member and previously head of Canadian Operations, as CEO. Facing what were once unfavorable nationwide regulations in the US, HelloMD has operated exclusively in Canada since early 2019. Overnight, the COVID pandemic has since made telehealth the healthcare delivery model of the future. In Canada, HelloMD has scaled its medical cannabis care practice through its strategic relationship with Medical Cannabis by Shoppers Drug Mart Inc., a subsidiary of Shoppers Drug Mart Inc., Canada's leading pharmacy retailer. Medical Cannabis by Shoppers Drug Mart Inc. white-labels HelloMD's telehealth services to insure its patients can safely access proper, practitioner-led assessment, advice and authorization around the use of medical cannabis. "By deeply integrating HelloMD into our patient-onboarding process, we eliminated frictions to growth while also providing a trusted starting point for those patients, especially seniors, considering medical cannabis for the first time," says Ken Weisbrod, Vice President Business Development & Cannabis Strategy, Shoppers Drug Mart. "HelloMD has delivered what we need from a partner: dependable experiences for our patients, and the back-end work flows and processes that make it easier for the team to focus on core competencies," says Mr. Weisbrod. With medical cannabis now legal in 36 states, HelloMD is opening new markets starting with New York and Illinois,where patients can connect with licensed practitioner for advice and authorizations specific to medical cannabis. Additional care practices outside of cannabis will become available in late 2020 and early 2021. Less traditional healthcare therapies are gaining significant popularity as the population ages and more patients seek natural approaches to improve quality of life. "Whether because first and second lines of treatment don't work for some, or that others prefer less pharma-related approaches, every year millions more people with chronic symptoms go outside conventional healthcare to explore complementary or alternative medicines," says Larry Lisser, CEO. "The seismic, COVID-led shift to virtual care allows HelloMD to execute on its long-held vision to be a destination for less evidence-based healthcare that patients can trust." "While your Primary Care Provider may have little advice to offer on less traditional methods, patients with chronic pain, sleep and anxiety disorders clearly want trusted advice on making the best of alternative approaches like medical cannabis, supplements, nootropics and even psilocybin. The company's current and prospective white-label partners continue to validate our platform strategy of offering trusted educational resources, access to licensed practitioners and patient retention work flows enabling their patients to onboard and succeed with non-traditional care," Lisser added. About HelloMD HelloMDis a leading digital provider of non-traditional healthcare services in the USA and Canada. The company's platform provides educational resources, access to licensed practitioners and ongoing support to patients seeking alternative solutions to chronic pain, sleep and anxiety disorders. Leveraging deep expertise in medical cannabis therapy, HelloMD offers white-label solutions to pharmacies, licensed operators and communities to assist with patient acquisition, retention or engagement. For more information about HelloMD, visit www.hellomd.com. Media ContactsPamela HadfieldE: [emailprotected] T: 415-370-2850 (texts) SOURCE HelloMD Related Links http://www.hellomd.com Answer:
Telehealth Cannabis Pioneer HelloMD Scales Up in Canada, Returns to U.S. Market with New CEO Offering Suite of Non-Traditional Healthcare Services for Millions with Chronic Pain, Sleep & Anxiety Disorders
SAN FRANCISCO, Nov. 16, 2020 /PRNewswire/ --HelloMD, a digital health platform for non-traditional care, announced today it has returned to the U.S. market with Larry Lisser, founding team member and previously head of Canadian Operations, as CEO. Facing what were once unfavorable nationwide regulations in the US, HelloMD has operated exclusively in Canada since early 2019. Overnight, the COVID pandemic has since made telehealth the healthcare delivery model of the future. In Canada, HelloMD has scaled its medical cannabis care practice through its strategic relationship with Medical Cannabis by Shoppers Drug Mart Inc., a subsidiary of Shoppers Drug Mart Inc., Canada's leading pharmacy retailer. Medical Cannabis by Shoppers Drug Mart Inc. white-labels HelloMD's telehealth services to insure its patients can safely access proper, practitioner-led assessment, advice and authorization around the use of medical cannabis. "By deeply integrating HelloMD into our patient-onboarding process, we eliminated frictions to growth while also providing a trusted starting point for those patients, especially seniors, considering medical cannabis for the first time," says Ken Weisbrod, Vice President Business Development & Cannabis Strategy, Shoppers Drug Mart. "HelloMD has delivered what we need from a partner: dependable experiences for our patients, and the back-end work flows and processes that make it easier for the team to focus on core competencies," says Mr. Weisbrod. With medical cannabis now legal in 36 states, HelloMD is opening new markets starting with New York and Illinois,where patients can connect with licensed practitioner for advice and authorizations specific to medical cannabis. Additional care practices outside of cannabis will become available in late 2020 and early 2021. Less traditional healthcare therapies are gaining significant popularity as the population ages and more patients seek natural approaches to improve quality of life. "Whether because first and second lines of treatment don't work for some, or that others prefer less pharma-related approaches, every year millions more people with chronic symptoms go outside conventional healthcare to explore complementary or alternative medicines," says Larry Lisser, CEO. "The seismic, COVID-led shift to virtual care allows HelloMD to execute on its long-held vision to be a destination for less evidence-based healthcare that patients can trust." "While your Primary Care Provider may have little advice to offer on less traditional methods, patients with chronic pain, sleep and anxiety disorders clearly want trusted advice on making the best of alternative approaches like medical cannabis, supplements, nootropics and even psilocybin. The company's current and prospective white-label partners continue to validate our platform strategy of offering trusted educational resources, access to licensed practitioners and patient retention work flows enabling their patients to onboard and succeed with non-traditional care," Lisser added. About HelloMD HelloMDis a leading digital provider of non-traditional healthcare services in the USA and Canada. The company's platform provides educational resources, access to licensed practitioners and ongoing support to patients seeking alternative solutions to chronic pain, sleep and anxiety disorders. Leveraging deep expertise in medical cannabis therapy, HelloMD offers white-label solutions to pharmacies, licensed operators and communities to assist with patient acquisition, retention or engagement. For more information about HelloMD, visit www.hellomd.com. Media ContactsPamela HadfieldE: [emailprotected] T: 415-370-2850 (texts) SOURCE HelloMD Related Links http://www.hellomd.com
edtsum147
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION (a) Full name of discloser: Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree McCarthy & Stone plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 21st December 2020 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state N/A No 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 8p ordinary (GB00BYNVD082) Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: - - - - (2) Cash-settled derivatives: 5,897,550 1.097% 1,175,261 0.219% (3) Stock-settled derivatives (including options) and agreements to purchase/sell: - - - - TOTAL: 5,897,550 1.097% 1,175,261 0.219% All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (GBP) GB00BYNVD082 Equity Swap Increasing a long position 54,802 1.20 GB00BYNVD082 Equity Swap Increasing a long position 36,773 1.20 GB00BYNVD082 Equity Swap Reducing a long position 2,712 1.20 (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none NONE (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none NONE (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 22nd December 2020 Contact name: Milos Naumovic Telephone number: +44 203 650 8203 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk. Answer:
Form 8.3 - McCarthy & Stone plc
LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION (a) Full name of discloser: Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree McCarthy & Stone plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 21st December 2020 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state N/A No 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 8p ordinary (GB00BYNVD082) Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: - - - - (2) Cash-settled derivatives: 5,897,550 1.097% 1,175,261 0.219% (3) Stock-settled derivatives (including options) and agreements to purchase/sell: - - - - TOTAL: 5,897,550 1.097% 1,175,261 0.219% All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (GBP) GB00BYNVD082 Equity Swap Increasing a long position 54,802 1.20 GB00BYNVD082 Equity Swap Increasing a long position 36,773 1.20 GB00BYNVD082 Equity Swap Reducing a long position 2,712 1.20 (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none NONE (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none NONE (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 22nd December 2020 Contact name: Milos Naumovic Telephone number: +44 203 650 8203 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.
edtsum148
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN, Dec. 21, 2020 /PRNewswire/ -- The "More Electric Aircraft Market by End User (Civil, Military), Aircraft System, Component, Application (Power Generation, Power Distribution, Power Conversion, Energy Storage), Aircraft Type (Fixed Wing, Rotary Wing), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global more electric aircraft market is estimated to be USD 1,504 million in 2020 and is projected to reach USD 3,359 million by 2025, at a CAGR of 17.4% during the forecast period. Recent technological advancements in the field of power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high-density electric motors, and power generation and conversion systems have fueled the adoption of MEA. The COVID-19 outbreak has impacted the aviation industry adversely due to air travel restrictions on domestic as well as international flights across countries, resulting in the sudden decrease in the air traffic. This is expected to negatively impact the more electric aircraft market in the short term; slow recovery is expected in Q1 of 2021. The aviation industry could take 2-3 years to recover from the financial effects of COVID-19, leading to lower air travels and passenger traffic compared to previous estimates. Based on aircraft system, propulsion segment projected to lead more electric aircraft market during the forecast period Based on aircraft system, the more electric aircraft market is segmented into propulsion system and airframe system. Electrification of various propulsion and airframe systems enables aircraft to reduce carbon emissions and the overall operational cost. The rising focus of major OEMs such as Airbus on the development of electric propulsion systems is expected to drive the propulsion system segment during the forecast period Based on application, power distribution segment projected to lead more electric aircraft market during the forecast period Based on application, the more electric aircraft is segmented into power generation, power distribution, power conversion, and energy storage. The power distribution system is highly flexible, fault-tolerant, and is controlled by a redundant microprocessor system. In this system, electrical power is supplied to the primary power distribution system, wherein the contactor control unit (CCU) and high-power contactor are located across generators, auxiliary power units (APU), batteries, and ground sources. Based on end user, the civil segment accounts for the largest market size during the forecast period Based on end user, the more electric aircraft market is segmented into civil and military. The civil segment is estimated to account for a larger share in 2020 as compared to the military segment. Carbon and nitrogen oxide emissions, high fuel consumption, and high maintenance costs are some of the challenges in the civil segment. Europe is expected to account for the largest share in 2020 The more electric aircraft market has been studied for North America, Europe, Asia Pacific, Middle East & Africa and Africa. Europe is estimated to account for the largest share of the global market in 2020. The aviation industry in Europe is aiming to use new advanced materials, such as gamma-titanium aluminides and single crystals, with improved mechanical properties in aircraft; these advanced engines help aircraft reduce their fuel consumption, carbon emissions, and noise. Key manufacturers of more electric aircraft in Europe include Rolls-Royce (UK), Safran Group (France), Airbus (Netherlands), and Thales Group (France). Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights4.1 Attractive Opportunities in More Electric Aircraft Market4.2 More Electric Aircraft Market, by Application4.3 More Electric Aircraft Market, by Major Countries5 Market Overview5.1 Market Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Optimized Aircraft Performance5.2.1.2 Reduction in Operational and Maintenance Costs5.2.1.3 Reduced Emissions and Noise Pollution5.2.2 Restraints5.2.2.1 Heavy Investments and Longer Clearance Period5.2.3 Opportunities5.2.3.1 Advancements in High-Density Battery Solutions5.2.3.2 Emergence of Alternative Power Sources for Electric Power Generation5.2.3.3 Development of Advanced Power Electronic Components5.2.4 Challenges5.2.4.1 Thermal Management in Electrical Systems5.2.4.2 Reliability of Electrical Systems in Harsh Environments5.2.4.3 Economic Challenges Faced by the Aviation Industry due to COVID-195.3 Range/Scenarios5.4 COVID-19 Impact Analysis5.5 Trends/Disruptions Impacting Customers' Business5.5.1 Revenue Shift and New Revenue Pockets for More Electric Aircraft Market5.6 Market Ecosystem5.6.1 Prominent Companies5.6.2 Private and Small Enterprises5.6.3 End-users5.7 Pricing Analysis5.8 Value Chain Analysis5.9 Porter's Five Forces Analysis5.10 Technology Analysis5.10.1 Fuel Cell Technology5.10.2 Electric Actuation System5.11 Case Study Analysis5.11.1 More Electric Architecture by Honeywell5.12 More Electric Aircraft, by Aircraft Type6 Industry Trends6.1 Introduction6.2 Aircraft Electrification Technology Roadmap (2016 to 2040)6.3 Industry Trends6.3.1 Electrical Systems in Aircraft6.3.2 Shift from Hydraulic Landing Gear & Braking Systems to Electric6.3.3 Electric-Powered Aircraft6.3.4 Electrical and Electronics Technologies6.3.4.1 Machine Technologies6.3.4.2 Power Electronics6.3.4.3 Energy Management6.4 Advanced Batteries6.4.1 Lithium-Sulfur (Li-S)6.5 Electric Motor-Driven Smart Pumps6.6 Impact of Megatrends6.7 Innovations and Patent Registrations7 More Electric Aircraft Market, by Aircraft System7.1 Introduction7.2 Propulsion System7.2.1 Development of Propulsion Systems by Oems is Expected to Drive this Segment7.2.2 Fuel Management System7.2.3 Thrust Reverser System7.3 Airframe System7.3.1 Increasing Demand to Ensure Safety During Flight Operations is Expected to Drive this Segment7.3.2 Environmental Control System7.3.3 Accessory Drive System7.3.4 Power Management System7.3.5 Cabin Interior System7.3.6 Flight Control System8 More Electric Aircraft Market, by Component8.1 Introduction8.2 Engines8.2.1 No-Bleed Engine Architecture is Used for Engine Cowl Ice Protection and Pressurization of Hydraulic Reservoirs in Mea8.3 Batteries8.3.1 Lithium-Sulfur and Lithium Titanate Batteries are the Future of Aircraft Batteries8.3.2 Nickel-Based8.3.3 Lead-Acid-Based8.3.4 Lithium-Based8.4 Fuel Cells8.4.1 Increased Efficiency of a Fuel Cell Can Reduce the Fuel Load on Aircraft8.5 Solar Cells8.5.1 Airplanes Equipped with Solar Cells Can Fly Without Liquid Fuel8.6 Generators8.6.1 Enerators Convert Mechanical Energy into Electrical Energy and are Widely Used in Light Aircraft8.6.2 Starter Generator8.6.3 Auxiliary Power Unit (APU)8.6.4 Variable Speed Constant Frequency (VSCF) Generator8.7 Actuators8.7.1 Actuators Helps in Achieving Physical Movement Through Conversion of Electrical Energy8.7.2 Electric8.7.3 Hybrid Electric8.7.3.1 Electro-Hydro-Static Actuators(Eha)8.7.3.2 Electro-Mechanical Actuators (Ema)8.7.3.3 Electrical-Backup Hydraulic Actuators8.8 Electric Pumps8.8.1 Adoption of Electric Pumps is Increasing for Next-Generation Aircraft8.9 Power Electronics8.9.1 Growing Focus to Reduce Aircraft Weight with Higher Electric Power Generation Capacity Expected to Stimulate the Demand for Power Electronics8.9.2 Rectifiers8.9.3 Inverters8.9.4 Converters8.10 Distribution Devices8.10.1 Need for Distribution of Electricity with Minimal Leakage of Power Drive the Demand for Distribution Devices8.10.2 Wires & Cables8.10.3 Connectors & Connector Accessories8.10.4 Busbars8.11 Valves8.11.1 Valves are Intended to Regulate Gas Levels in the MEA Engine8.12 Landing Gear8.12.1 Growing Adoption of Components in Landing Gear Driven by Electric Energy is Expected to Drive the Market9 More Electric Aircraft Market, by Application9.1 Introduction9.2 Power Generation9.2.1 Increasing Demand for More Electric Architecture Fueling the Growth of the Power Generation9.3 Power Distribution9.3.1 Ability to Detect Voltage and Provide Prompt Load Shut-Off Drive this Segment9.4 Power Conversion9.4.1 Increase in Operational Efficiency & Weight Reduction Drive the Demand for Power Conversion Systems9.5 Energy Storage9.5.1 Increasing Use of Advanced Battery and Fuel Cell Systems Boosting the Demand for Energy Storage10 More Electric Aircraft Market, by Aircraft Type10.1 Introduction10.2 Impact of COVID-19 on Aircraft Type Segment10.2.1 Most Impacted Aircraft Type Segment10.2.1.1 Fixed Wing10.2.2 Least Impacted Aircraft Type Segment10.2.2.1 Rotary Wing10.3 Fixed Wing10.3.1 Frequent Modifications in Aircraft Architecture Expected to Fuel the Demand for More Electric Architecture in Fixed Wing Aircraft10.3.2 Narrow Body Aircraft (NBA)10.3.3 Wide Body Aircraft (WBA)10.3.4 Regional Aircraft10.3.5 Fighter Jets10.3.6 Business Jets10.4 Rotary Wing10.4.1 Fans in Rotary Wing Aircraft are Powered by Distributed Electric Systems Using Conventional Gas Turbine Engines10.4.2 Medium Helicopters10.4.3 Heavy Helicopters11 More Electric Aircraft Market, by End-user11.1 Introduction11.2 Impact of COVID-19 on End-user Segment11.2.1 Most Impacted End-user Segment11.2.1.1 Civil11.2.2 Least Impacted End-user Segment11.2.2.1 Military11.3 Civil11.3.1 Increasing Demand to Reduce Aircraft Weight Has Propelled the Growth of Civil More Electric Aircraft Market11.4 Military11.4.1 Development of New Technologies and Electric Equipment to Strengthen Military Operations Drive this Segment12 Regional Analysis12.1 Introduction12.2 Impact of COVID-19 on More Electric Aircraft Market, by Region12.3 Global Scenarios of More Electric Aircraft Market12.4 North America12.5 Europe12.6 Asia-Pacific12.7 Middle East & Africa12.8 Latin America13 Competitive Landscape13.1 Overview13.2 Ranking of Leading Players, 201913.3 Market Share Analysis of Leading Players, 201913.4 Company Evaluation Quadrant13.4.1 Star13.4.2 Emerging Leader13.4.3 Pervasive13.4.4 Participant13.4.5 More Electric Aircraft Market Competitive Leadership Mapping (Startups)13.4.5.1 Progressive Companies13.4.5.2 Responsive Companies13.4.5.3 Dynamic Companies13.4.5.4 Starting Blocks13.5 Competitive Scenario13.5.1 Mergers & Acquisitions13.5.2 New Product Launches13.5.3 Contracts, Partnerships & Agreements13.5.4 Collaborations14 Company Profiles - System Integrators and Component Manufacturers14.1 Safran S.A.14.2 Honeywell International Inc14.3 Raytheon Technologies Corporation14.4 Thales Group14.5 GE Aviation14.6 Bae Systems14.7 Embraer S.A14.8 Liebherr14.9 Magnix14.10 Ametek.Inc14.11 Nabtesco Corporation14.12 Elbit Systems14.13 Bombardier14.14 Moog Inc14.15 Astronics Corporation14.16 Rolls-Royce plc14.17 Eaton14.18 Parker Hannifin Corp14.19 Amphenol Corporation14.20 Meggit14.21 PBS Aerospace14.22 Avionic Instruments LLC14.23 Eaglepicher Technologies, LLC14.24 Pioneer Magnetics14.25 Wright Electric15 More Electric Aircraft Adjacent Market16 Appendix For more information about this report visit https://www.researchandmarkets.com/r/volv44 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com Answer:
More Electric Aircraft Market by End-user, Aircraft System, Component, Application, Aircraft Type and Region - Global Forecast to 2025
DUBLIN, Dec. 21, 2020 /PRNewswire/ -- The "More Electric Aircraft Market by End User (Civil, Military), Aircraft System, Component, Application (Power Generation, Power Distribution, Power Conversion, Energy Storage), Aircraft Type (Fixed Wing, Rotary Wing), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global more electric aircraft market is estimated to be USD 1,504 million in 2020 and is projected to reach USD 3,359 million by 2025, at a CAGR of 17.4% during the forecast period. Recent technological advancements in the field of power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high-density electric motors, and power generation and conversion systems have fueled the adoption of MEA. The COVID-19 outbreak has impacted the aviation industry adversely due to air travel restrictions on domestic as well as international flights across countries, resulting in the sudden decrease in the air traffic. This is expected to negatively impact the more electric aircraft market in the short term; slow recovery is expected in Q1 of 2021. The aviation industry could take 2-3 years to recover from the financial effects of COVID-19, leading to lower air travels and passenger traffic compared to previous estimates. Based on aircraft system, propulsion segment projected to lead more electric aircraft market during the forecast period Based on aircraft system, the more electric aircraft market is segmented into propulsion system and airframe system. Electrification of various propulsion and airframe systems enables aircraft to reduce carbon emissions and the overall operational cost. The rising focus of major OEMs such as Airbus on the development of electric propulsion systems is expected to drive the propulsion system segment during the forecast period Based on application, power distribution segment projected to lead more electric aircraft market during the forecast period Based on application, the more electric aircraft is segmented into power generation, power distribution, power conversion, and energy storage. The power distribution system is highly flexible, fault-tolerant, and is controlled by a redundant microprocessor system. In this system, electrical power is supplied to the primary power distribution system, wherein the contactor control unit (CCU) and high-power contactor are located across generators, auxiliary power units (APU), batteries, and ground sources. Based on end user, the civil segment accounts for the largest market size during the forecast period Based on end user, the more electric aircraft market is segmented into civil and military. The civil segment is estimated to account for a larger share in 2020 as compared to the military segment. Carbon and nitrogen oxide emissions, high fuel consumption, and high maintenance costs are some of the challenges in the civil segment. Europe is expected to account for the largest share in 2020 The more electric aircraft market has been studied for North America, Europe, Asia Pacific, Middle East & Africa and Africa. Europe is estimated to account for the largest share of the global market in 2020. The aviation industry in Europe is aiming to use new advanced materials, such as gamma-titanium aluminides and single crystals, with improved mechanical properties in aircraft; these advanced engines help aircraft reduce their fuel consumption, carbon emissions, and noise. Key manufacturers of more electric aircraft in Europe include Rolls-Royce (UK), Safran Group (France), Airbus (Netherlands), and Thales Group (France). Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights4.1 Attractive Opportunities in More Electric Aircraft Market4.2 More Electric Aircraft Market, by Application4.3 More Electric Aircraft Market, by Major Countries5 Market Overview5.1 Market Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Optimized Aircraft Performance5.2.1.2 Reduction in Operational and Maintenance Costs5.2.1.3 Reduced Emissions and Noise Pollution5.2.2 Restraints5.2.2.1 Heavy Investments and Longer Clearance Period5.2.3 Opportunities5.2.3.1 Advancements in High-Density Battery Solutions5.2.3.2 Emergence of Alternative Power Sources for Electric Power Generation5.2.3.3 Development of Advanced Power Electronic Components5.2.4 Challenges5.2.4.1 Thermal Management in Electrical Systems5.2.4.2 Reliability of Electrical Systems in Harsh Environments5.2.4.3 Economic Challenges Faced by the Aviation Industry due to COVID-195.3 Range/Scenarios5.4 COVID-19 Impact Analysis5.5 Trends/Disruptions Impacting Customers' Business5.5.1 Revenue Shift and New Revenue Pockets for More Electric Aircraft Market5.6 Market Ecosystem5.6.1 Prominent Companies5.6.2 Private and Small Enterprises5.6.3 End-users5.7 Pricing Analysis5.8 Value Chain Analysis5.9 Porter's Five Forces Analysis5.10 Technology Analysis5.10.1 Fuel Cell Technology5.10.2 Electric Actuation System5.11 Case Study Analysis5.11.1 More Electric Architecture by Honeywell5.12 More Electric Aircraft, by Aircraft Type6 Industry Trends6.1 Introduction6.2 Aircraft Electrification Technology Roadmap (2016 to 2040)6.3 Industry Trends6.3.1 Electrical Systems in Aircraft6.3.2 Shift from Hydraulic Landing Gear & Braking Systems to Electric6.3.3 Electric-Powered Aircraft6.3.4 Electrical and Electronics Technologies6.3.4.1 Machine Technologies6.3.4.2 Power Electronics6.3.4.3 Energy Management6.4 Advanced Batteries6.4.1 Lithium-Sulfur (Li-S)6.5 Electric Motor-Driven Smart Pumps6.6 Impact of Megatrends6.7 Innovations and Patent Registrations7 More Electric Aircraft Market, by Aircraft System7.1 Introduction7.2 Propulsion System7.2.1 Development of Propulsion Systems by Oems is Expected to Drive this Segment7.2.2 Fuel Management System7.2.3 Thrust Reverser System7.3 Airframe System7.3.1 Increasing Demand to Ensure Safety During Flight Operations is Expected to Drive this Segment7.3.2 Environmental Control System7.3.3 Accessory Drive System7.3.4 Power Management System7.3.5 Cabin Interior System7.3.6 Flight Control System8 More Electric Aircraft Market, by Component8.1 Introduction8.2 Engines8.2.1 No-Bleed Engine Architecture is Used for Engine Cowl Ice Protection and Pressurization of Hydraulic Reservoirs in Mea8.3 Batteries8.3.1 Lithium-Sulfur and Lithium Titanate Batteries are the Future of Aircraft Batteries8.3.2 Nickel-Based8.3.3 Lead-Acid-Based8.3.4 Lithium-Based8.4 Fuel Cells8.4.1 Increased Efficiency of a Fuel Cell Can Reduce the Fuel Load on Aircraft8.5 Solar Cells8.5.1 Airplanes Equipped with Solar Cells Can Fly Without Liquid Fuel8.6 Generators8.6.1 Enerators Convert Mechanical Energy into Electrical Energy and are Widely Used in Light Aircraft8.6.2 Starter Generator8.6.3 Auxiliary Power Unit (APU)8.6.4 Variable Speed Constant Frequency (VSCF) Generator8.7 Actuators8.7.1 Actuators Helps in Achieving Physical Movement Through Conversion of Electrical Energy8.7.2 Electric8.7.3 Hybrid Electric8.7.3.1 Electro-Hydro-Static Actuators(Eha)8.7.3.2 Electro-Mechanical Actuators (Ema)8.7.3.3 Electrical-Backup Hydraulic Actuators8.8 Electric Pumps8.8.1 Adoption of Electric Pumps is Increasing for Next-Generation Aircraft8.9 Power Electronics8.9.1 Growing Focus to Reduce Aircraft Weight with Higher Electric Power Generation Capacity Expected to Stimulate the Demand for Power Electronics8.9.2 Rectifiers8.9.3 Inverters8.9.4 Converters8.10 Distribution Devices8.10.1 Need for Distribution of Electricity with Minimal Leakage of Power Drive the Demand for Distribution Devices8.10.2 Wires & Cables8.10.3 Connectors & Connector Accessories8.10.4 Busbars8.11 Valves8.11.1 Valves are Intended to Regulate Gas Levels in the MEA Engine8.12 Landing Gear8.12.1 Growing Adoption of Components in Landing Gear Driven by Electric Energy is Expected to Drive the Market9 More Electric Aircraft Market, by Application9.1 Introduction9.2 Power Generation9.2.1 Increasing Demand for More Electric Architecture Fueling the Growth of the Power Generation9.3 Power Distribution9.3.1 Ability to Detect Voltage and Provide Prompt Load Shut-Off Drive this Segment9.4 Power Conversion9.4.1 Increase in Operational Efficiency & Weight Reduction Drive the Demand for Power Conversion Systems9.5 Energy Storage9.5.1 Increasing Use of Advanced Battery and Fuel Cell Systems Boosting the Demand for Energy Storage10 More Electric Aircraft Market, by Aircraft Type10.1 Introduction10.2 Impact of COVID-19 on Aircraft Type Segment10.2.1 Most Impacted Aircraft Type Segment10.2.1.1 Fixed Wing10.2.2 Least Impacted Aircraft Type Segment10.2.2.1 Rotary Wing10.3 Fixed Wing10.3.1 Frequent Modifications in Aircraft Architecture Expected to Fuel the Demand for More Electric Architecture in Fixed Wing Aircraft10.3.2 Narrow Body Aircraft (NBA)10.3.3 Wide Body Aircraft (WBA)10.3.4 Regional Aircraft10.3.5 Fighter Jets10.3.6 Business Jets10.4 Rotary Wing10.4.1 Fans in Rotary Wing Aircraft are Powered by Distributed Electric Systems Using Conventional Gas Turbine Engines10.4.2 Medium Helicopters10.4.3 Heavy Helicopters11 More Electric Aircraft Market, by End-user11.1 Introduction11.2 Impact of COVID-19 on End-user Segment11.2.1 Most Impacted End-user Segment11.2.1.1 Civil11.2.2 Least Impacted End-user Segment11.2.2.1 Military11.3 Civil11.3.1 Increasing Demand to Reduce Aircraft Weight Has Propelled the Growth of Civil More Electric Aircraft Market11.4 Military11.4.1 Development of New Technologies and Electric Equipment to Strengthen Military Operations Drive this Segment12 Regional Analysis12.1 Introduction12.2 Impact of COVID-19 on More Electric Aircraft Market, by Region12.3 Global Scenarios of More Electric Aircraft Market12.4 North America12.5 Europe12.6 Asia-Pacific12.7 Middle East & Africa12.8 Latin America13 Competitive Landscape13.1 Overview13.2 Ranking of Leading Players, 201913.3 Market Share Analysis of Leading Players, 201913.4 Company Evaluation Quadrant13.4.1 Star13.4.2 Emerging Leader13.4.3 Pervasive13.4.4 Participant13.4.5 More Electric Aircraft Market Competitive Leadership Mapping (Startups)13.4.5.1 Progressive Companies13.4.5.2 Responsive Companies13.4.5.3 Dynamic Companies13.4.5.4 Starting Blocks13.5 Competitive Scenario13.5.1 Mergers & Acquisitions13.5.2 New Product Launches13.5.3 Contracts, Partnerships & Agreements13.5.4 Collaborations14 Company Profiles - System Integrators and Component Manufacturers14.1 Safran S.A.14.2 Honeywell International Inc14.3 Raytheon Technologies Corporation14.4 Thales Group14.5 GE Aviation14.6 Bae Systems14.7 Embraer S.A14.8 Liebherr14.9 Magnix14.10 Ametek.Inc14.11 Nabtesco Corporation14.12 Elbit Systems14.13 Bombardier14.14 Moog Inc14.15 Astronics Corporation14.16 Rolls-Royce plc14.17 Eaton14.18 Parker Hannifin Corp14.19 Amphenol Corporation14.20 Meggit14.21 PBS Aerospace14.22 Avionic Instruments LLC14.23 Eaglepicher Technologies, LLC14.24 Pioneer Magnetics14.25 Wright Electric15 More Electric Aircraft Adjacent Market16 Appendix For more information about this report visit https://www.researchandmarkets.com/r/volv44 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
edtsum149
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION Barclays PLC. CALISEN PLC 12 February 2021 NO 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Number (%) Number (%) (1) 7,730,671 1.41% 28,404 0.01% (2) 0 0.00% 5,997,306 1.09% (3) 0 0.00% 0 0.00% 7,730,671 1.41% 6,025,710 1.10% All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Purchase/sale Number of Price per unit securities Purchase 2,334 2.6000 GBP Sale 112 2.6025 GBP Sale 504 2.6040 GBP Sale 644 2.6060 GBP Sale 667 2.6090 GBP Sale 782 2.6032 GBP Sale 875 2.6009 GBP Sale 895 2.6005 GBP Sale 2,217 2.6021 GBP Sale 4,803 2.6062 GBP Sale 8,272 2.6000 GBP Sale 13,370 2.6010 GBP (b) Cash-settled derivative transactions Product Nature of dealing Number of Price per description reference unit securities CFD Long 112 2.6025 GBP SWAP Long 320 2.6020 GBP SWAP Long 462 2.6040 GBP SWAP Long 487 2.6017 GBP SWAP Long 6,339 2.6056 GBP CFD Short 1 2.6000 GBP CFD Short 2,221 2.6002 GBP (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none None (c) Attachments NO 15 Feb 2021 Large Holdings Regulatory Operations 020 3134 7213 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panels Market Surveillance Unit. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk. Answer:
FORM 8.3 - CALISEN PLC
LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION Barclays PLC. CALISEN PLC 12 February 2021 NO 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Number (%) Number (%) (1) 7,730,671 1.41% 28,404 0.01% (2) 0 0.00% 5,997,306 1.09% (3) 0 0.00% 0 0.00% 7,730,671 1.41% 6,025,710 1.10% All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Purchase/sale Number of Price per unit securities Purchase 2,334 2.6000 GBP Sale 112 2.6025 GBP Sale 504 2.6040 GBP Sale 644 2.6060 GBP Sale 667 2.6090 GBP Sale 782 2.6032 GBP Sale 875 2.6009 GBP Sale 895 2.6005 GBP Sale 2,217 2.6021 GBP Sale 4,803 2.6062 GBP Sale 8,272 2.6000 GBP Sale 13,370 2.6010 GBP (b) Cash-settled derivative transactions Product Nature of dealing Number of Price per description reference unit securities CFD Long 112 2.6025 GBP SWAP Long 320 2.6020 GBP SWAP Long 462 2.6040 GBP SWAP Long 487 2.6017 GBP SWAP Long 6,339 2.6056 GBP CFD Short 1 2.6000 GBP CFD Short 2,221 2.6002 GBP (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none None (c) Attachments NO 15 Feb 2021 Large Holdings Regulatory Operations 020 3134 7213 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panels Market Surveillance Unit. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.
edtsum150
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: PHOENIX, Jan. 11, 2021 /PRNewswire/ -- Arizona's premier personal injury law firm, Hastings & Hastings, understands that tragedy can strike at any time. If you or someone you know has been in an accident caused by a distracted driver, we want you to know that we are here to help! We have a proud record of fighting aggressively for accident victims. Our more than 40 years of serving Arizona, and over 125 years of combined attorney experience means we know how to work with insurance and care providers to put you in the best position for your recovery. As of January 1, 2021, a new Arizona Texting and Driving law goes into effect banning the use of a cell phone or other stand-alone electronic device while driving unless it is being used in a hands-free mode. Drivers in Arizona can now receive tickets and be fined for using handheld cellphones while driving and operating a vehicle. The law allows for a few exceptions including the use of a device while the vehicle is stopped at a red light or parked, or to place a call to emergency services. The new cell phone law was proposed following an incident where a law enforcement officer was killed after being struck by a distracted driver who admitted to texting during the moments when the crash occurred. State of Arizona texting and driving statistics show far too many similar incidents and lawmakers have finally put their foot down. While some cities had similar laws in place, the new state-wide law will supersede existing local or city laws. Drivers caught violating the law may be subject to fines between $75 and $149 for their first infraction, and between $150 and $250 for each thereafter. Further, any driver causing injury or death while also in violation of the law may face a class 1 misdemeanor that carries a six-month jail sentence, have their driver's license suspended for up to a year, and be ordered to pay restitution up to $100,000. Some additional information on the new AZ cell phone law for 2021 is provided by AZDPS: https://www.azdps.gov/handsfree. Hastings & Hastings is a personal injury law firm that has been proudly helping accident victims in Arizona for more than 40 years. Our team of attorneys has over 125 years of combined experience in fighting to make sure our clients get the compensation they deserve, and our friendly support staff will help ensure that you can focus on your recovery. When disaster strikes, we know exactly what to do, because It's All We Do. If you or someone you know recently suffered an injury in an accident then we want to help! Our "No Fee Promise" means that we don't get paid until you do, and our "Discount Fee" means you keep more of your settlement. Please call us at 480-706-1100 or visit our website www.hastingsandhastings.com to schedule a free, no-obligation consultation with an attorney. For more information or to schedule a free, no-obligation consultation with an experienced, licensed attorney, please give us a call at 480-706-1100, or visit our website at www.hastingsandhastings.com. It's about time! SOURCE Hastings & Hastings Related Links hastingsandhastings.com Answer:
Arizona Cell Phone Law 2021 Goes into Effect - What You Need to Know
PHOENIX, Jan. 11, 2021 /PRNewswire/ -- Arizona's premier personal injury law firm, Hastings & Hastings, understands that tragedy can strike at any time. If you or someone you know has been in an accident caused by a distracted driver, we want you to know that we are here to help! We have a proud record of fighting aggressively for accident victims. Our more than 40 years of serving Arizona, and over 125 years of combined attorney experience means we know how to work with insurance and care providers to put you in the best position for your recovery. As of January 1, 2021, a new Arizona Texting and Driving law goes into effect banning the use of a cell phone or other stand-alone electronic device while driving unless it is being used in a hands-free mode. Drivers in Arizona can now receive tickets and be fined for using handheld cellphones while driving and operating a vehicle. The law allows for a few exceptions including the use of a device while the vehicle is stopped at a red light or parked, or to place a call to emergency services. The new cell phone law was proposed following an incident where a law enforcement officer was killed after being struck by a distracted driver who admitted to texting during the moments when the crash occurred. State of Arizona texting and driving statistics show far too many similar incidents and lawmakers have finally put their foot down. While some cities had similar laws in place, the new state-wide law will supersede existing local or city laws. Drivers caught violating the law may be subject to fines between $75 and $149 for their first infraction, and between $150 and $250 for each thereafter. Further, any driver causing injury or death while also in violation of the law may face a class 1 misdemeanor that carries a six-month jail sentence, have their driver's license suspended for up to a year, and be ordered to pay restitution up to $100,000. Some additional information on the new AZ cell phone law for 2021 is provided by AZDPS: https://www.azdps.gov/handsfree. Hastings & Hastings is a personal injury law firm that has been proudly helping accident victims in Arizona for more than 40 years. Our team of attorneys has over 125 years of combined experience in fighting to make sure our clients get the compensation they deserve, and our friendly support staff will help ensure that you can focus on your recovery. When disaster strikes, we know exactly what to do, because It's All We Do. If you or someone you know recently suffered an injury in an accident then we want to help! Our "No Fee Promise" means that we don't get paid until you do, and our "Discount Fee" means you keep more of your settlement. Please call us at 480-706-1100 or visit our website www.hastingsandhastings.com to schedule a free, no-obligation consultation with an attorney. For more information or to schedule a free, no-obligation consultation with an experienced, licensed attorney, please give us a call at 480-706-1100, or visit our website at www.hastingsandhastings.com. It's about time! SOURCE Hastings & Hastings Related Links hastingsandhastings.com
edtsum151
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: ~Continued brand and sales channel expansion for CannMart supports value proposition, new product launches, and revenue growth~ TORONTO, June 22, 2020 /PRNewswire/ -Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), aleading platform for cannabis products, accessories, and education, today announced CannMart Inc. ("CannMart"), a wholly owned subsidiary, has been granted an exclusive license by IGNITE International Brands, Ltd. ("IGNITE") (CSE: BILZ) (OTCQX: BILZF) to utilize certain brand trademarks on cannabis-based products for sale in the legal Canadian marketplace. In addition, CannMart has received approval from Alberta Gaming, Liquor & Cannabis ("AGLC") and the Ontario Cannabis Retail Corporation operating as the Ontario Cannabis Store ("OCS") to begin offering Cannabis 2.0 products. "Our agreement to become the exclusive distributor of IGNITE products in Canada is an important milestone for the company and positively reflects on our value proposition," said Meni Morim, CEO of Namaste Technologies. "CannMart continues to demonstrate its ability to grow its sales distribution channels in the Canadian market and this is attracting the attention of well-established brands like IGNITE. We place a high value on our relationships with these brands as it is our belief that brand recognition will be a major driver of growth as the legal industry matures and transitions to consumer-packaged goods. The opportunity for CannMart to be the exclusive distributor for IGNITE in Canada reinforces our position in the competitive cannabis market as consumers gravitate towards brands that are well known and trusted for their quality." "The listing of Cannabis 2.0 products for the provinces of Ontario and Alberta is an important achievement and opens meaningful additional revenue channels. The Cannabis 2.0 market is a large addressable market and the approval to list our products in Alberta and Ontario, with more than 450 and 90 cannabis stores respectively, represents a substantial increase in the addressable market for CannMart. We expect to continue our recent sales success of cannabis products from premium brands, like IGNITE, through CannMart.com and throughout our network of government partners and retailers." "Canada is an important market for IGNITE International Brands and CannMart has shown its ability to deliver high quality products to our target market," said Lester Lee, President of IGNITE. "The awareness of the IGNITE brand continues to build throughout Canada and our product sales continue to grow. The team at CannMart has been instrumental and has proven their competency to navigate the regulations within the legal market. We trust that our brand can be nurtured in accordance with our high standards and together we can continue to build on our early success as we look to grow market share." Further to the news release of March 20, 2020, CannMart and IGNITE have amended the licensing agreement to add exclusivity to the markets in Canada. The revised agreement grants CannMart an exclusive licence to use certain IGNITE brand trademarks on legal cannabis-based products (the "IGNITE Products") in consideration for certain royalty payments. CannMart's introduction of IGNITE cannabis products has been welcomed by its customers and demand has continued to grow. CannMart's listing of its first Cannabis 2.0 products in the provinces of Alberta and Ontario are now approved by both jurisdictions. CannMart's first offering will be a variety of vape cartridges. The AGLC is responsible for regulating and distributing cannabis to Alberta's licensed retailers and the sole legal online retailer for recreational cannabis at www.albertacannabis.org. The OCS is the sole legal online retailer and wholesaler for recreational cannabis for Canada's most populous province. About Ignite International Brands Ltd.IGNITE is a globalconsumerbrand,operating in the premium product segment of the market. Founded by Dan Bilzerian, IGNITEs 'quality-first' approach is fundamental to the brand and its products. Originally operating in the cannabis and hemp-derived cannabidiol (CBD) wellness space, IGNITE was able to establish its brand awareness. IGNITE product categories now include a full line of CBD oil tinctures, CBD topicals, CBD pet products and CBD vape devices,produced by various partners andsold through select distributors, brick and mortar retailers, and online through IGNITE's website, ignite.co. The IGNITE THC product line, which was launchedsubsequent tothe CBD product line, incorporates quality, locally sourced, cannabis products. Since the launching of its THC and CBD products, IGNITE has expanded into the beverage space, launching a full line of functional performance enhancing drinks. The IGNITE beverage line currently consists of PH-alkaline balanced water, a line of premium performance drinks, named Z-RO as well as a gluten-free, seven-time distilled Vodka. IGNITE beverages will be distributed nationally within the United States and available to purchase on the IGNITE beverages website, IgniteBeverages.co. IGNITE is a socially responsible company and is committed to using its marketing and brand power as a positive catalyst for a healthy lifestyle. The IGNITE management team believes that socially responsible oriented actions have a positive impact on IGNITE, its employees and its shareholders. Shares of IGNITE are listed on the Canadian Securities Exchange (CSE) under the symbol "BILZ" and in the United States on the OTCQX under the symbol "BILZF". About Namaste Technologies Inc. With headquarters in Toronto, ON, and offices in both B.C. and around the globe, Namaste Technologies is a leading online platform for cannabis products, accessories, and responsible education. The company's 'everything cannabis store', CannMart.com, provides customers with a diverse selection of hand-picked products from a multitude of federally-licensed cultivators, all on one convenient site. Namaste's global technology and continuous innovation address local needs in a burgeoning cannabis industry requiring smart solutions. Information on the Company and its many products can be accessed through the links below: NamasteTechnologies.comNamasteMD.comCannmart.comNamasteVapes.caEveryonedoesit.ca FORWARD-LOOKING INFORMATION This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as "may", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen. The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believed to be reasonable at the time such statements were made, including management's perceptions of Namaste's standing in the online marketplace for cannabis products and its ability to increase revenue in the Canadian marketplace through the sale of recognized, high quality and premium brands, the size and importance of the Cannabis 2.0 market as a revenue generator for CannMart, and the Company as a whole, the importance of being licensed to sell products throughout the Company's network of government partners and retailers management's perceptions of IGNITE and its standing in the cannabis industry, the expectation by management that IGNITE's brand awareness among Namaste's existing and new customer base will driver sales, future growth, results of operations, operational matters, historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While we consider these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release. Such factors include, without limitation: risks relating to the Company's ability to execute its business strategy and the benefits realizable therefrom, the Company's inability to achieve anticipated sales results through its exclusive relationship with IGNITE, the failure of the Cannabis 2.0 market to develop as anticipated, consumer reception to premium brands and recognition of trademarks being lesser than expected, risks related to the Cannabis industry in general, and risks relating to the market price of Namaste common shares. Additional risk factors can also be found in the Company's current MD&A which has been filed under the Company's SEDAR profile at www.sedar.com. Readers are cautioned not to put undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release or has in any way approved or disapproved of the contents of this press release. SOURCE Namaste Technologies Inc. Answer:
Namaste Announces CannMart Success with IGNITE International Exclusivity Agreement and Listing of Cannabis 2.0 Products in Alberta and Ontario
~Continued brand and sales channel expansion for CannMart supports value proposition, new product launches, and revenue growth~ TORONTO, June 22, 2020 /PRNewswire/ -Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), aleading platform for cannabis products, accessories, and education, today announced CannMart Inc. ("CannMart"), a wholly owned subsidiary, has been granted an exclusive license by IGNITE International Brands, Ltd. ("IGNITE") (CSE: BILZ) (OTCQX: BILZF) to utilize certain brand trademarks on cannabis-based products for sale in the legal Canadian marketplace. In addition, CannMart has received approval from Alberta Gaming, Liquor & Cannabis ("AGLC") and the Ontario Cannabis Retail Corporation operating as the Ontario Cannabis Store ("OCS") to begin offering Cannabis 2.0 products. "Our agreement to become the exclusive distributor of IGNITE products in Canada is an important milestone for the company and positively reflects on our value proposition," said Meni Morim, CEO of Namaste Technologies. "CannMart continues to demonstrate its ability to grow its sales distribution channels in the Canadian market and this is attracting the attention of well-established brands like IGNITE. We place a high value on our relationships with these brands as it is our belief that brand recognition will be a major driver of growth as the legal industry matures and transitions to consumer-packaged goods. The opportunity for CannMart to be the exclusive distributor for IGNITE in Canada reinforces our position in the competitive cannabis market as consumers gravitate towards brands that are well known and trusted for their quality." "The listing of Cannabis 2.0 products for the provinces of Ontario and Alberta is an important achievement and opens meaningful additional revenue channels. The Cannabis 2.0 market is a large addressable market and the approval to list our products in Alberta and Ontario, with more than 450 and 90 cannabis stores respectively, represents a substantial increase in the addressable market for CannMart. We expect to continue our recent sales success of cannabis products from premium brands, like IGNITE, through CannMart.com and throughout our network of government partners and retailers." "Canada is an important market for IGNITE International Brands and CannMart has shown its ability to deliver high quality products to our target market," said Lester Lee, President of IGNITE. "The awareness of the IGNITE brand continues to build throughout Canada and our product sales continue to grow. The team at CannMart has been instrumental and has proven their competency to navigate the regulations within the legal market. We trust that our brand can be nurtured in accordance with our high standards and together we can continue to build on our early success as we look to grow market share." Further to the news release of March 20, 2020, CannMart and IGNITE have amended the licensing agreement to add exclusivity to the markets in Canada. The revised agreement grants CannMart an exclusive licence to use certain IGNITE brand trademarks on legal cannabis-based products (the "IGNITE Products") in consideration for certain royalty payments. CannMart's introduction of IGNITE cannabis products has been welcomed by its customers and demand has continued to grow. CannMart's listing of its first Cannabis 2.0 products in the provinces of Alberta and Ontario are now approved by both jurisdictions. CannMart's first offering will be a variety of vape cartridges. The AGLC is responsible for regulating and distributing cannabis to Alberta's licensed retailers and the sole legal online retailer for recreational cannabis at www.albertacannabis.org. The OCS is the sole legal online retailer and wholesaler for recreational cannabis for Canada's most populous province. About Ignite International Brands Ltd.IGNITE is a globalconsumerbrand,operating in the premium product segment of the market. Founded by Dan Bilzerian, IGNITEs 'quality-first' approach is fundamental to the brand and its products. Originally operating in the cannabis and hemp-derived cannabidiol (CBD) wellness space, IGNITE was able to establish its brand awareness. IGNITE product categories now include a full line of CBD oil tinctures, CBD topicals, CBD pet products and CBD vape devices,produced by various partners andsold through select distributors, brick and mortar retailers, and online through IGNITE's website, ignite.co. The IGNITE THC product line, which was launchedsubsequent tothe CBD product line, incorporates quality, locally sourced, cannabis products. Since the launching of its THC and CBD products, IGNITE has expanded into the beverage space, launching a full line of functional performance enhancing drinks. The IGNITE beverage line currently consists of PH-alkaline balanced water, a line of premium performance drinks, named Z-RO as well as a gluten-free, seven-time distilled Vodka. IGNITE beverages will be distributed nationally within the United States and available to purchase on the IGNITE beverages website, IgniteBeverages.co. IGNITE is a socially responsible company and is committed to using its marketing and brand power as a positive catalyst for a healthy lifestyle. The IGNITE management team believes that socially responsible oriented actions have a positive impact on IGNITE, its employees and its shareholders. Shares of IGNITE are listed on the Canadian Securities Exchange (CSE) under the symbol "BILZ" and in the United States on the OTCQX under the symbol "BILZF". About Namaste Technologies Inc. With headquarters in Toronto, ON, and offices in both B.C. and around the globe, Namaste Technologies is a leading online platform for cannabis products, accessories, and responsible education. The company's 'everything cannabis store', CannMart.com, provides customers with a diverse selection of hand-picked products from a multitude of federally-licensed cultivators, all on one convenient site. Namaste's global technology and continuous innovation address local needs in a burgeoning cannabis industry requiring smart solutions. Information on the Company and its many products can be accessed through the links below: NamasteTechnologies.comNamasteMD.comCannmart.comNamasteVapes.caEveryonedoesit.ca FORWARD-LOOKING INFORMATION This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as "may", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen. The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believed to be reasonable at the time such statements were made, including management's perceptions of Namaste's standing in the online marketplace for cannabis products and its ability to increase revenue in the Canadian marketplace through the sale of recognized, high quality and premium brands, the size and importance of the Cannabis 2.0 market as a revenue generator for CannMart, and the Company as a whole, the importance of being licensed to sell products throughout the Company's network of government partners and retailers management's perceptions of IGNITE and its standing in the cannabis industry, the expectation by management that IGNITE's brand awareness among Namaste's existing and new customer base will driver sales, future growth, results of operations, operational matters, historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While we consider these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release. Such factors include, without limitation: risks relating to the Company's ability to execute its business strategy and the benefits realizable therefrom, the Company's inability to achieve anticipated sales results through its exclusive relationship with IGNITE, the failure of the Cannabis 2.0 market to develop as anticipated, consumer reception to premium brands and recognition of trademarks being lesser than expected, risks related to the Cannabis industry in general, and risks relating to the market price of Namaste common shares. Additional risk factors can also be found in the Company's current MD&A which has been filed under the Company's SEDAR profile at www.sedar.com. Readers are cautioned not to put undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release or has in any way approved or disapproved of the contents of this press release. SOURCE Namaste Technologies Inc.
edtsum152
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: HOUSTON, Jan. 26, 2021 /PRNewswire/ --Dallas-based trial law firm Hedrick Kring, PLLC opened an office in Houston, Texas. Their focus continues to be tackling complex commercial trials. Partner Kevin G. Corcoran is leading the charge, and the goal is to add five to 10 full-time lawyers by the end of this calendar year. Corcoran has decades of experience as a trial lawyer, including international representation from Mexico to Australia. Corcoran has represented clients in complex commercial disputes and catastrophic claims in the High Tech, Oil & Gas, Energy, Petrochemical, Retail, Consumer Product, Maritime, Manufacturing, Trucking and Media & Entertainment Industries. Hedrick Kring co-counseled a case with Corcoran and quickly realized that his values and expertise aligned with theirs, making him the perfect person to begin this Houston-based venture. According to Partner and Co-founder, Jacob Kring, Corcoran is "diligent, smart, and willing to take on a challenge," while putting his clients first. "Opening a branch of Hedrick Kring in Houston is crucial so we can continue serving our clients at the highest level possible. I am humbled to spearhead this extension," said Corcoran. While this physical office is new, the work Hedrick Kring is executing in Houston is not. Hedrick Kring continues to be a firm that handles work across the country and state. This new office provides greater accessibility to prepare for hearings, depositions and trials for existing and future clients who aren't located in the DFW area. The Hedrick Kring Houston office is located at 808 Travis Street, Suite 540 in Houston, Texas. About Hedrick Kring, PLLC Hedrick Kring, PLLC, is a client-focused, results-driven business litigation firm. We act quickly and aggressively to protect your interests, focusing on what is important to you and your business. We are zealous advocates with extensive courtroom experience. We have a reputation for excellence and attention to detail. www.hedrickkring.com SOURCE Hedrick Kring, PLLC Answer:
Litigation Powerhouse Hedrick Kring Opens Houston Office
HOUSTON, Jan. 26, 2021 /PRNewswire/ --Dallas-based trial law firm Hedrick Kring, PLLC opened an office in Houston, Texas. Their focus continues to be tackling complex commercial trials. Partner Kevin G. Corcoran is leading the charge, and the goal is to add five to 10 full-time lawyers by the end of this calendar year. Corcoran has decades of experience as a trial lawyer, including international representation from Mexico to Australia. Corcoran has represented clients in complex commercial disputes and catastrophic claims in the High Tech, Oil & Gas, Energy, Petrochemical, Retail, Consumer Product, Maritime, Manufacturing, Trucking and Media & Entertainment Industries. Hedrick Kring co-counseled a case with Corcoran and quickly realized that his values and expertise aligned with theirs, making him the perfect person to begin this Houston-based venture. According to Partner and Co-founder, Jacob Kring, Corcoran is "diligent, smart, and willing to take on a challenge," while putting his clients first. "Opening a branch of Hedrick Kring in Houston is crucial so we can continue serving our clients at the highest level possible. I am humbled to spearhead this extension," said Corcoran. While this physical office is new, the work Hedrick Kring is executing in Houston is not. Hedrick Kring continues to be a firm that handles work across the country and state. This new office provides greater accessibility to prepare for hearings, depositions and trials for existing and future clients who aren't located in the DFW area. The Hedrick Kring Houston office is located at 808 Travis Street, Suite 540 in Houston, Texas. About Hedrick Kring, PLLC Hedrick Kring, PLLC, is a client-focused, results-driven business litigation firm. We act quickly and aggressively to protect your interests, focusing on what is important to you and your business. We are zealous advocates with extensive courtroom experience. We have a reputation for excellence and attention to detail. www.hedrickkring.com SOURCE Hedrick Kring, PLLC
edtsum153
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SEATTLE, April 14, 2021 /PRNewswire/ -- Alaska Airlines and SkyNRG Americas today announced the signing of a memorandum of understanding (MOU) committing to increased investment in sustainable aviation fuel (SAF). The MOU builds on a long history of Alaska leadership advancing SAF and partners the airline with the global SAF pioneers at SkyNRG Americas. Continue Reading Alaska Airlines and SkyNRG today sign partnership to advance sustainable aviation fuel made from municipal solid waste. "This is a critical next step in our long-term plan to reduce carbon emissions and our impact on the planet," said Diana Birkett Rakow, Alaska Airlines' vice president of public affairs and sustainability. "We have been working for more than a decade to advance SAF technology and viability, and we're excited to partner with SkyNRG's experienced team to advance truly sustainable production of SAF, develop supply in the Pacific Northwest, and engage partners for a commercially viable and scalable future for sustainable fuels." "We are thrilled to collaborate with Alaska Airlines for the production of sustainable fuels," said John Plaza, CEO of SkyNRG Americas. "Alaska Airlines is already one of the most fuel-efficient airlines in the U.S., and an ideal partner not only to support SAF demand but also to help drive necessary policy changes that will encourage development of the SAF industry across the Pacific Northwest and the nation as a whole." Under the MOU, SkyNRG Americas will initially focus on the development of dedicated SAF production facilities to supply Western U.S. airports. These facilities will use commercially available technologies that enable the use of municipal solid waste and other waste-based inputs as feedstocks, as well as incorporating green hydrogen and renewable energy for minimizing carbon intensity. Beyond the focus of building out SAF production capacity, SkyNRG Americas and Alaska Airlines will continue to build awareness and understanding of SAF technologies, and advocate for public policies to accelerate the development of the SAF industry and infrastructure. This collaboration builds on the Alaska-Microsoft partnership announced in October 2020, aiming to use SAF to offset Microsoft employee travel between Seattle and San Francisco, San Jose and Los Angeles. About Sustainable Aviation FuelAviation is one of the most challenging industries to decarbonize in the transportation sector. While there are exciting opportunities for innovation in electric and hybrid hydrogen-electric aircraft, especially for smaller and regional aircraft, medium and long-haul air travel will continue to require high-quality, low carbon liquid fuel supplies for many decades to come. Sustainable Aviation Fuel is a low carbon replacement for fossil-based jet fuel that is certified to meet ASTM Standards for jet fuel safety. It is approved for use globally as a drop-in fuel with maximum blending levels of 50% with Jet A fuel. Alaska Airlines has been an early adopter of SAF beginning in 2010 with test flights and continuing use of regular SAF offtake at San Francisco International Airport today.SAF can be produced using various renewable resources, but this collaboration is focused on SAF made from municipal solid waste (MSW) and other waste-based feedstock sources. With this strategy, SkyNRG's SAF will reduce greenhouse gas emissions by more than 80%, burn cleaner in jet engines, and reduce particulate matter by 90%. There are significant volumes of MSW available throughout the U.S that end up buried in landfills for decades. SkyNRG considers MSW and the associated waste streams that result from landfilling garbage as attractive feedstocks for the production of low carbon SAF. Of critical importance for Alaska and SkyNRG will be the continued work to maximize recycling and reduce waste streams before any conversion of MSW to SAF occurs.SkyNRG Americas has a strong commitment to best practices in sustainability, including requiring all its production facilities to follow comprehensive and rigorous sustainability standards, such as the Roundtable of Sustainable Biomaterials (RSB). SkyNRG Americas will be consistently advised by experts from its independent Sustainability Board and will have its operations and projects certified by RSB.About Alaska AirlinesAlaska Airlines and its regional partners serve more than 120 destinations across the United States and to Mexico, Canada and Costa Rica. The airline emphasizesNext-Level Carefor its guests, along with providing low fares, award-winning customer service and sustainability efforts. OnMarch 31, 2021,Alaskabecame the 14thmember ofoneworld. With the global alliance and Alaska Airlines' additional partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world.Learn more about Alaska at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).About SkyNRG AmericasSkyNRG Americas is an industry-leading team of experts in the field of biofuels and aviation innovation. SkyNRG has been a leader of the Sustainable Aviation Fuel industry for the last 15+ years, with a collective focus on strategies to pioneer the clean energy revolution and transforms the aviation industry. SkyNRG takes a no-compromise approach to sustainability. Replacing fossil jet fuels with SAF is what SkyNRG aims for, guaranteeing social and environmental sustainability throughout the supply chain. For more information, visit https://skynrgamericas.com/about-us/. SOURCE Alaska Airlines Related Links http://www.alaskaair.com Answer:
Alaska Airlines and SkyNRG sign partnership to advance sustainable aviation fuel made from municipal solid waste
SEATTLE, April 14, 2021 /PRNewswire/ -- Alaska Airlines and SkyNRG Americas today announced the signing of a memorandum of understanding (MOU) committing to increased investment in sustainable aviation fuel (SAF). The MOU builds on a long history of Alaska leadership advancing SAF and partners the airline with the global SAF pioneers at SkyNRG Americas. Continue Reading Alaska Airlines and SkyNRG today sign partnership to advance sustainable aviation fuel made from municipal solid waste. "This is a critical next step in our long-term plan to reduce carbon emissions and our impact on the planet," said Diana Birkett Rakow, Alaska Airlines' vice president of public affairs and sustainability. "We have been working for more than a decade to advance SAF technology and viability, and we're excited to partner with SkyNRG's experienced team to advance truly sustainable production of SAF, develop supply in the Pacific Northwest, and engage partners for a commercially viable and scalable future for sustainable fuels." "We are thrilled to collaborate with Alaska Airlines for the production of sustainable fuels," said John Plaza, CEO of SkyNRG Americas. "Alaska Airlines is already one of the most fuel-efficient airlines in the U.S., and an ideal partner not only to support SAF demand but also to help drive necessary policy changes that will encourage development of the SAF industry across the Pacific Northwest and the nation as a whole." Under the MOU, SkyNRG Americas will initially focus on the development of dedicated SAF production facilities to supply Western U.S. airports. These facilities will use commercially available technologies that enable the use of municipal solid waste and other waste-based inputs as feedstocks, as well as incorporating green hydrogen and renewable energy for minimizing carbon intensity. Beyond the focus of building out SAF production capacity, SkyNRG Americas and Alaska Airlines will continue to build awareness and understanding of SAF technologies, and advocate for public policies to accelerate the development of the SAF industry and infrastructure. This collaboration builds on the Alaska-Microsoft partnership announced in October 2020, aiming to use SAF to offset Microsoft employee travel between Seattle and San Francisco, San Jose and Los Angeles. About Sustainable Aviation FuelAviation is one of the most challenging industries to decarbonize in the transportation sector. While there are exciting opportunities for innovation in electric and hybrid hydrogen-electric aircraft, especially for smaller and regional aircraft, medium and long-haul air travel will continue to require high-quality, low carbon liquid fuel supplies for many decades to come. Sustainable Aviation Fuel is a low carbon replacement for fossil-based jet fuel that is certified to meet ASTM Standards for jet fuel safety. It is approved for use globally as a drop-in fuel with maximum blending levels of 50% with Jet A fuel. Alaska Airlines has been an early adopter of SAF beginning in 2010 with test flights and continuing use of regular SAF offtake at San Francisco International Airport today.SAF can be produced using various renewable resources, but this collaboration is focused on SAF made from municipal solid waste (MSW) and other waste-based feedstock sources. With this strategy, SkyNRG's SAF will reduce greenhouse gas emissions by more than 80%, burn cleaner in jet engines, and reduce particulate matter by 90%. There are significant volumes of MSW available throughout the U.S that end up buried in landfills for decades. SkyNRG considers MSW and the associated waste streams that result from landfilling garbage as attractive feedstocks for the production of low carbon SAF. Of critical importance for Alaska and SkyNRG will be the continued work to maximize recycling and reduce waste streams before any conversion of MSW to SAF occurs.SkyNRG Americas has a strong commitment to best practices in sustainability, including requiring all its production facilities to follow comprehensive and rigorous sustainability standards, such as the Roundtable of Sustainable Biomaterials (RSB). SkyNRG Americas will be consistently advised by experts from its independent Sustainability Board and will have its operations and projects certified by RSB.About Alaska AirlinesAlaska Airlines and its regional partners serve more than 120 destinations across the United States and to Mexico, Canada and Costa Rica. The airline emphasizesNext-Level Carefor its guests, along with providing low fares, award-winning customer service and sustainability efforts. OnMarch 31, 2021,Alaskabecame the 14thmember ofoneworld. With the global alliance and Alaska Airlines' additional partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world.Learn more about Alaska at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).About SkyNRG AmericasSkyNRG Americas is an industry-leading team of experts in the field of biofuels and aviation innovation. SkyNRG has been a leader of the Sustainable Aviation Fuel industry for the last 15+ years, with a collective focus on strategies to pioneer the clean energy revolution and transforms the aviation industry. SkyNRG takes a no-compromise approach to sustainability. Replacing fossil jet fuels with SAF is what SkyNRG aims for, guaranteeing social and environmental sustainability throughout the supply chain. For more information, visit https://skynrgamericas.com/about-us/. SOURCE Alaska Airlines Related Links http://www.alaskaair.com
edtsum154
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: INDIANAPOLIS, Dec. 2, 2020 /PRNewswire/ -- The U.S. government has purchased 650,000 additional doses of Eli Lilly and Company's (NYSE: LLY) neutralizing antibody bamlanivimab (LY-CoV555) 700 mg. The purchase agreement is for $812.5 million and the doses will be delivered through January 31, 2021, with at least 350,000 of the additional doses delivered in December 2020. Bamlanivimab recently received emergency use authorization for the treatment of mild to moderate COVID-19 in patients who are at high risk for progressing to severe COVID-19 and/or hospitalization. "Given the significant increase in COVID-19 cases and hospitalizations in the U.S., we are doing everything possible to quickly provide more bamlanivimab doses to Americans," said David A. Ricks, Lilly's chairman and CEO. "We are proud of our work to deploy significant manufacturing capacity and remain committed to enabling widespread and equitable access to bamlanivimab. The U.S. government's effort to allocate bamlanivimab around the country is critical to ensuring it reaches patients who need it the most." This purchase brings the total doses purchased by the U.S. government to 950,000. As previously announced by the U.S. government, Americans will have no out-of-pocket costs for the medicine, although healthcare facilities may charge a fee for the product's administration. The federal government is responsible for the allocation of bamlanivimab. Weekly allocation decisions will be proportionally based on confirmed COVID-19 cases in each state and territory over the previous seven days, based on data from the U.S. Department of Health and Human Services' Protect data collection platform. Weekly allocations can be viewed at this online federal dashboard. State and territorial health departments determine which sites of care receive the allocated doses. Lilly has a robust, global supply chain in place to produce bamlanivimab, with numerous manufacturing sites worldwide. Lilly continues to manufacture bamlanivimab for use around the world, and the supply is expected to increase substantially in 2021. Global allocations will be made based on Lilly's guiding principles,which aim to ensure access for patients with high unmet need, no matter where they live. For more information about the use of bamlanivimab in COVID-19, contact Lilly's 24-hour support line at 1-855-LillyC19 (1-855-545-5921). For media resources, including product images and fact sheets, please click here. In 2020, the estimated impact of the updated purchase agreement to the guidance range provided in Lilly's earnings release on October 27, 2020 is approximately $500 million of additional revenue and approximately 25 cents of additional earnings per share. Important Information about bamlanivimabBamlanivimab has not been approved by the FDA for any use. It is not known if bamlanivimab is safe and effective for the treatment of COVID-19. Bamlanivimab is authorized under an Emergency Use Authorization only for the duration of the declaration that circumstances exist justifying the authorization of the emergency use of bamlanivimab under Section 564(b)(1) of the Act, 21 U.S.C 360bbb-3(b)(1), unless the authorization is terminated or revoked sooner. Healthcare providers should review the Fact Sheet for information on the authorized use of bamlanivimab and mandatory requirements of the EUA. Please see the FDA Letter of Authorization, Fact Sheet for Healthcare Providers, and Fact Sheet for Patients, Parents, and Caregivers(English) (Spanish). Authorized Use and Important Safety InformationBamlanivimab is authorized for use under an EUA for treatment of mild to moderate COVID-19 in adults and pediatric patients with positive results of direct SARS-CoV-2 viral testing who are 12 years and older weighing at least 40 kg, and who are at high risk for progressing to severe COVID-19 and/or hospitalization. Limitations of Authorized Use Bamlanivimab is not authorized for use in patients: who are hospitalized due to COVID-19, OR who require oxygen therapy due to COVID-19, OR who require an increase in baseline oxygen flow rate due to COVID-19 in those on chronic oxygen therapy due to underlying non-COVID-19 related comorbidity. Benefit of treatment with bamlanivimab has not been observed in patients hospitalized due to COVID-19. Monoclonal antibodies, such as bamlanivimab, may be associated with worse clinical outcomes when administered to hospitalized patients requiring high flow oxygen or mechanical ventilation with COVID-19. Important Safety InformationThere are limited clinical data available for bamlanivimab. Serious and unexpected adverse events may occur that have not been previously reported with bamlanivimab use. Hypersensitivity Including Anaphylaxis and Infusion-Related ReactionsThere is a potential for serious hypersensitivity reaction, including anaphylaxis, with administration of bamlanivimab. If signs and symptoms of a clinically significant hypersensitivity reaction or anaphylaxis occur, immediately discontinue administration and initiate appropriate medications and/or supportive care. Infusion-related reactions have been observed with administration of bamlanivimab. Signs and symptoms of infusion-related reactions may include: fever, chills, nausea, headache, bronchospasm, hypotension, angioedema, throat irritation, rash including urticaria, pruritus, myalgia, dizziness. If an infusion-related reaction occurs, consider slowing or stopping the infusion and administer appropriate medications and/or supportive care. Limitations of Benefit and Potential Risk in Patients with Severe COVID-19Benefit of treatment with bamlanivimab has not been observed in patients hospitalized due to COVID-19. Monoclonal antibodies, such as bamlanivimab, may be associated with worse clinical outcomes when administered to hospitalized patients requiring high flow oxygen or mechanical ventilation with COVID-19. See Limitations of Authorized Use. Adverse EventsAdverse events reported in at least 1% of BLAZE-1 clinical trial participants on bamlanivimab 700 mg and placebo were Nausea (3% vs 4%), Diarrhea (1% vs 5%), Dizziness (3% vs 2%), Headache (3% vs 2%), Pruritus (2% vs 1%) and Vomiting (1% vs 3%). Use in Specific PopulationsPregnancyThere are insufficient data on the use of bamlanivimab during pregnancy. Bamlanivimab should only be used during pregnancy if the potential benefit outweighs the potential risk for the mother and the fetus. BreastfeedingThere are no available data on the presence of bamlanivimab in human or animal milk, the effects on the breastfed infant, or the effects on milk production. Breastfeeding individuals with COVID-19 should follow practices according to clinical guidelines to avoid exposing the infant to COVID-19. About bamlanivimabBamlanivimab is a recombinant, neutralizing human IgG1 monoclonal antibody (mAb) directed against the spike protein of SARS-CoV-2. It is designed to block viral attachment and entry into human cells, thus neutralizing the virus, potentially treating COVID-19. Bamlanivimab emerged from the collaboration between Lilly and AbCellera to create antibody therapies for the prevention and treatment of COVID-19. Lilly scientists rapidly developed the antibody in less than three months after it was discovered by AbCellera and the scientists at the National Institute of Allergy and Infectious Diseases (NIAID) Vaccine Research Center. It was identified from a blood sample taken from one of the first U.S. patients who recovered from COVID-19. Lilly has successfully completed a Phase 1 study of bamlanivimabin hospitalized patients with COVID-19 (NCT04411628).A Phase 2 study in people recently diagnosed with COVID-19 in the ambulatory setting (BLAZE-1, NCT04427501) is ongoing. A Phase 3 study of bamlanivimab for the prevention of COVID-19 in residents and staff at long-term care facilities (BLAZE-2, NCT04497987) is also ongoing. In addition, bamlanivimab is being tested in the National Institutes of Health-led ACTIV-2 study in ambulatory COVID-19 patients. About Lilly's COVID-19 EffortsLilly is bringing the full force of its scientific and medical expertise to attack the coronavirus pandemic around the world. Existing Lilly medicines are being studied to understand their potential in treating complications of COVID-19, and the company is collaborating with partner companies to discover novel antibody treatments for COVID-19. Lilly is testing both single antibody therapy as well as combinations of antibodies as potential therapeutics for COVID-19. Click herefor resources related to Lilly's COVID-19 efforts. About Eli Lilly and CompanyLilly is a global healthcare leader that unites caring with discovery to create medicines that make life better for people around the world. We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism.To learn more about Lilly, please visit us atwww.lilly.comandwww.lilly.com/news.P-LLY Lilly Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about bamlanivimab (LY-CoV555) as a potential treatment for patients with or at risk of infection from COVID-19, as well as its supply, delivery, additional contracts with the U.S. government and impact on Lilly's revenue and earnings per share, and reflects Lilly's current beliefs and expectations. However, as with any such undertaking, there are substantial risks and uncertainties in the process of drug research, development and commercialization.Among other things, there can be no guarantee thatfuture study results will be consistent with the results to date, that bamlanivimab will prove to be a safe and effective treatment or preventative for COVID-19, that bamlanivimab will receive regulatory approvals or additional authorizations, that any negotiations with the U.S. government will result in additional supply contracts, that revenue or earnings per share will increase or that we can provide an adequate supply of bamlanivimab in all circumstances.For a further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, please see Lilly's most recent Forms 10-K and 10-Q filed with the U.S. Securities and Exchange Commission. Lilly undertakes no duty to update forward-looking statements. Refer to: Molly McCully; [emailprotected]; 317-478-5423 (Media) Kevin Hern; [emailprotected]; 317-277-1838 (Investors) SOURCE Eli Lilly and Company Related Links http://www.lilly.com Answer:
Lilly announces 650,000 additional doses of neutralizing antibody bamlanivimab (LY-CoV555) purchased by U.S. government to treat COVID-19
INDIANAPOLIS, Dec. 2, 2020 /PRNewswire/ -- The U.S. government has purchased 650,000 additional doses of Eli Lilly and Company's (NYSE: LLY) neutralizing antibody bamlanivimab (LY-CoV555) 700 mg. The purchase agreement is for $812.5 million and the doses will be delivered through January 31, 2021, with at least 350,000 of the additional doses delivered in December 2020. Bamlanivimab recently received emergency use authorization for the treatment of mild to moderate COVID-19 in patients who are at high risk for progressing to severe COVID-19 and/or hospitalization. "Given the significant increase in COVID-19 cases and hospitalizations in the U.S., we are doing everything possible to quickly provide more bamlanivimab doses to Americans," said David A. Ricks, Lilly's chairman and CEO. "We are proud of our work to deploy significant manufacturing capacity and remain committed to enabling widespread and equitable access to bamlanivimab. The U.S. government's effort to allocate bamlanivimab around the country is critical to ensuring it reaches patients who need it the most." This purchase brings the total doses purchased by the U.S. government to 950,000. As previously announced by the U.S. government, Americans will have no out-of-pocket costs for the medicine, although healthcare facilities may charge a fee for the product's administration. The federal government is responsible for the allocation of bamlanivimab. Weekly allocation decisions will be proportionally based on confirmed COVID-19 cases in each state and territory over the previous seven days, based on data from the U.S. Department of Health and Human Services' Protect data collection platform. Weekly allocations can be viewed at this online federal dashboard. State and territorial health departments determine which sites of care receive the allocated doses. Lilly has a robust, global supply chain in place to produce bamlanivimab, with numerous manufacturing sites worldwide. Lilly continues to manufacture bamlanivimab for use around the world, and the supply is expected to increase substantially in 2021. Global allocations will be made based on Lilly's guiding principles,which aim to ensure access for patients with high unmet need, no matter where they live. For more information about the use of bamlanivimab in COVID-19, contact Lilly's 24-hour support line at 1-855-LillyC19 (1-855-545-5921). For media resources, including product images and fact sheets, please click here. In 2020, the estimated impact of the updated purchase agreement to the guidance range provided in Lilly's earnings release on October 27, 2020 is approximately $500 million of additional revenue and approximately 25 cents of additional earnings per share. Important Information about bamlanivimabBamlanivimab has not been approved by the FDA for any use. It is not known if bamlanivimab is safe and effective for the treatment of COVID-19. Bamlanivimab is authorized under an Emergency Use Authorization only for the duration of the declaration that circumstances exist justifying the authorization of the emergency use of bamlanivimab under Section 564(b)(1) of the Act, 21 U.S.C 360bbb-3(b)(1), unless the authorization is terminated or revoked sooner. Healthcare providers should review the Fact Sheet for information on the authorized use of bamlanivimab and mandatory requirements of the EUA. Please see the FDA Letter of Authorization, Fact Sheet for Healthcare Providers, and Fact Sheet for Patients, Parents, and Caregivers(English) (Spanish). Authorized Use and Important Safety InformationBamlanivimab is authorized for use under an EUA for treatment of mild to moderate COVID-19 in adults and pediatric patients with positive results of direct SARS-CoV-2 viral testing who are 12 years and older weighing at least 40 kg, and who are at high risk for progressing to severe COVID-19 and/or hospitalization. Limitations of Authorized Use Bamlanivimab is not authorized for use in patients: who are hospitalized due to COVID-19, OR who require oxygen therapy due to COVID-19, OR who require an increase in baseline oxygen flow rate due to COVID-19 in those on chronic oxygen therapy due to underlying non-COVID-19 related comorbidity. Benefit of treatment with bamlanivimab has not been observed in patients hospitalized due to COVID-19. Monoclonal antibodies, such as bamlanivimab, may be associated with worse clinical outcomes when administered to hospitalized patients requiring high flow oxygen or mechanical ventilation with COVID-19. Important Safety InformationThere are limited clinical data available for bamlanivimab. Serious and unexpected adverse events may occur that have not been previously reported with bamlanivimab use. Hypersensitivity Including Anaphylaxis and Infusion-Related ReactionsThere is a potential for serious hypersensitivity reaction, including anaphylaxis, with administration of bamlanivimab. If signs and symptoms of a clinically significant hypersensitivity reaction or anaphylaxis occur, immediately discontinue administration and initiate appropriate medications and/or supportive care. Infusion-related reactions have been observed with administration of bamlanivimab. Signs and symptoms of infusion-related reactions may include: fever, chills, nausea, headache, bronchospasm, hypotension, angioedema, throat irritation, rash including urticaria, pruritus, myalgia, dizziness. If an infusion-related reaction occurs, consider slowing or stopping the infusion and administer appropriate medications and/or supportive care. Limitations of Benefit and Potential Risk in Patients with Severe COVID-19Benefit of treatment with bamlanivimab has not been observed in patients hospitalized due to COVID-19. Monoclonal antibodies, such as bamlanivimab, may be associated with worse clinical outcomes when administered to hospitalized patients requiring high flow oxygen or mechanical ventilation with COVID-19. See Limitations of Authorized Use. Adverse EventsAdverse events reported in at least 1% of BLAZE-1 clinical trial participants on bamlanivimab 700 mg and placebo were Nausea (3% vs 4%), Diarrhea (1% vs 5%), Dizziness (3% vs 2%), Headache (3% vs 2%), Pruritus (2% vs 1%) and Vomiting (1% vs 3%). Use in Specific PopulationsPregnancyThere are insufficient data on the use of bamlanivimab during pregnancy. Bamlanivimab should only be used during pregnancy if the potential benefit outweighs the potential risk for the mother and the fetus. BreastfeedingThere are no available data on the presence of bamlanivimab in human or animal milk, the effects on the breastfed infant, or the effects on milk production. Breastfeeding individuals with COVID-19 should follow practices according to clinical guidelines to avoid exposing the infant to COVID-19. About bamlanivimabBamlanivimab is a recombinant, neutralizing human IgG1 monoclonal antibody (mAb) directed against the spike protein of SARS-CoV-2. It is designed to block viral attachment and entry into human cells, thus neutralizing the virus, potentially treating COVID-19. Bamlanivimab emerged from the collaboration between Lilly and AbCellera to create antibody therapies for the prevention and treatment of COVID-19. Lilly scientists rapidly developed the antibody in less than three months after it was discovered by AbCellera and the scientists at the National Institute of Allergy and Infectious Diseases (NIAID) Vaccine Research Center. It was identified from a blood sample taken from one of the first U.S. patients who recovered from COVID-19. Lilly has successfully completed a Phase 1 study of bamlanivimabin hospitalized patients with COVID-19 (NCT04411628).A Phase 2 study in people recently diagnosed with COVID-19 in the ambulatory setting (BLAZE-1, NCT04427501) is ongoing. A Phase 3 study of bamlanivimab for the prevention of COVID-19 in residents and staff at long-term care facilities (BLAZE-2, NCT04497987) is also ongoing. In addition, bamlanivimab is being tested in the National Institutes of Health-led ACTIV-2 study in ambulatory COVID-19 patients. About Lilly's COVID-19 EffortsLilly is bringing the full force of its scientific and medical expertise to attack the coronavirus pandemic around the world. Existing Lilly medicines are being studied to understand their potential in treating complications of COVID-19, and the company is collaborating with partner companies to discover novel antibody treatments for COVID-19. Lilly is testing both single antibody therapy as well as combinations of antibodies as potential therapeutics for COVID-19. Click herefor resources related to Lilly's COVID-19 efforts. About Eli Lilly and CompanyLilly is a global healthcare leader that unites caring with discovery to create medicines that make life better for people around the world. We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism.To learn more about Lilly, please visit us atwww.lilly.comandwww.lilly.com/news.P-LLY Lilly Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about bamlanivimab (LY-CoV555) as a potential treatment for patients with or at risk of infection from COVID-19, as well as its supply, delivery, additional contracts with the U.S. government and impact on Lilly's revenue and earnings per share, and reflects Lilly's current beliefs and expectations. However, as with any such undertaking, there are substantial risks and uncertainties in the process of drug research, development and commercialization.Among other things, there can be no guarantee thatfuture study results will be consistent with the results to date, that bamlanivimab will prove to be a safe and effective treatment or preventative for COVID-19, that bamlanivimab will receive regulatory approvals or additional authorizations, that any negotiations with the U.S. government will result in additional supply contracts, that revenue or earnings per share will increase or that we can provide an adequate supply of bamlanivimab in all circumstances.For a further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, please see Lilly's most recent Forms 10-K and 10-Q filed with the U.S. Securities and Exchange Commission. Lilly undertakes no duty to update forward-looking statements. Refer to: Molly McCully; [emailprotected]; 317-478-5423 (Media) Kevin Hern; [emailprotected]; 317-277-1838 (Investors) SOURCE Eli Lilly and Company Related Links http://www.lilly.com
edtsum155
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design, supply and install a flue gas energy recovery system and advanced water treatment equipment for a waste-to-energy plant in Europe. The contract is valued at more than $13 million. The project scope includes the design, supply and installation of a B&W Vlund AB flue gas condenser and heat pump system for enhanced energy recovery and an advanced water treatment system for processing condensate. These advanced technologies are designed to reduce overall water consumption and increase the plants total energy output. The plant also utilizes B&W Vlund combustion technology to process municipal waste to supply heat and power to local homes and businesses. Waste-to-energy and other renewable energy sources provide clean, low-emissions energy for millions of people across Europe, said B&W Chief Operating Officer Jimmy Morgan. B&W provides our customers with industry leading emissions control, energy recovery and combustion technologies for waste-to-energy and biomass plants and we are actively pursuing significant opportunities with new and existing customers across Europe, as well as in Asia, the Middle East and the Americas. B&W Environmental provides flue gas purification and flue gas condensation for a wide range of applications. Our unique, patented B&W Vlund AB flue gas technologies help customers reduce atmospheric emissions cost effectively in more than 35 installations across Europe. About B&W Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc., is a global leader in energy and environmental technologies and services for the power and industrial markets. Follow us on LinkedIn and learn more at www.babcock.com. About B&W Environmental Babcock & Wilcox Environmental offers a full suite of best-in-class emissions control products and solutions for utility and industrial steam generation applications around the world. The segments broad experience includes systems for ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control, along with cooling solutions. Forward-Looking Statements B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to a contract award for the design, supply and installation of an energy recovery system and advanced water treatment equipment for a waste-to-energy plant in Europe. These forward-looking statements are based on managements current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law. Answer:
B&W Environmental Awarded $13 Million Contract to Supply Clean Energy and Water Treatment Technologies for Waste-to-Energy Plant in Europe
AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design, supply and install a flue gas energy recovery system and advanced water treatment equipment for a waste-to-energy plant in Europe. The contract is valued at more than $13 million. The project scope includes the design, supply and installation of a B&W Vlund AB flue gas condenser and heat pump system for enhanced energy recovery and an advanced water treatment system for processing condensate. These advanced technologies are designed to reduce overall water consumption and increase the plants total energy output. The plant also utilizes B&W Vlund combustion technology to process municipal waste to supply heat and power to local homes and businesses. Waste-to-energy and other renewable energy sources provide clean, low-emissions energy for millions of people across Europe, said B&W Chief Operating Officer Jimmy Morgan. B&W provides our customers with industry leading emissions control, energy recovery and combustion technologies for waste-to-energy and biomass plants and we are actively pursuing significant opportunities with new and existing customers across Europe, as well as in Asia, the Middle East and the Americas. B&W Environmental provides flue gas purification and flue gas condensation for a wide range of applications. Our unique, patented B&W Vlund AB flue gas technologies help customers reduce atmospheric emissions cost effectively in more than 35 installations across Europe. About B&W Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc., is a global leader in energy and environmental technologies and services for the power and industrial markets. Follow us on LinkedIn and learn more at www.babcock.com. About B&W Environmental Babcock & Wilcox Environmental offers a full suite of best-in-class emissions control products and solutions for utility and industrial steam generation applications around the world. The segments broad experience includes systems for ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control, along with cooling solutions. Forward-Looking Statements B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to a contract award for the design, supply and installation of an energy recovery system and advanced water treatment equipment for a waste-to-energy plant in Europe. These forward-looking statements are based on managements current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.
edtsum156
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: OAKLAND, Calif., April 27, 2020 /PRNewswire/ --Poets&Quants, the definitive online publication for business education news, has unveiled CentreCourt Digital, a virtual version of its highly successful in-person MBA festival. The annual CentreCourt MBA Festivalis a series of multi-city events designed to give potential business school students an inside look at the top MBA programs through panel discussions, exclusive school interviews, and one-on-one meetings with admissions staff. The shift to a virtual format as a way to adhere to social distancing guidelines has, for the first time, brought together 28 of the top 30 MBA programs to interact digitally with would-be B-school applicants. The event, spread over four days, is free to all MBA candidates. "Like many who are locked down during this pandemic, we were initially crestfallen when we realized we could not have our very popular annual festival in person," says John A. Byrne, editor-in-chief of Poets&Quants. "But when we decided to move the physical event online, we discovered unprecedented demand that will make this CentreCourt the most successful MBA admissions event ever. "For the first time ever, we'll have all the admission chiefs of the world's best schools from Harvard, Stanford and Wharton to INSEAD, London Business School, HEC Paris and IESE," Byrne continues. "Already, more than 1,500 prospective students have registered for the event and by the time we open the doors, we expect registrations to surpass 2,500. I'm so looking forward to seeing our worldwide community come together during this difficult time." The new CenterCourt Digital will offer students access to such schools as Harvard Business School, Stanford Graduate School of Business, The Wharton School at the University of Pennsylvania, Northwestern University Kellogg School of Management, Columbia Business School, MIT Sloan School of Management, UC-Berkeley Haas School of Business, INSEAD, HEC Paris, London Business School, Cambridge Judge, and many more. For a full list of participating schools visit Poets&Quants. This event is free for MBA candidates and will take place over four afternoon days: April 28th, 29th, May 5th, and June 2nd, 2020. Learn more and register for CenterCourt Digital here. About Poets&Quants: Poets&Quants is the leading resource for complete coverage of graduate business education. We feature multiple tools and authoritative content, including: consolidated B-school rankings, news and in-depth features, videos, podcasts, two searchable directories and events, empowering our community with information needed to make decisions along their journey from pre- to post-MBA. This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com. SOURCE Poets&Quants Related Links https://poetsandquants.com Answer:
Poets&Quants Launches Virtual Event with Top MBA Programs for Business School Prospects Premier business school news site takes CentreCourt MBA Festival online with unprecedented participation by leading MBA programs
OAKLAND, Calif., April 27, 2020 /PRNewswire/ --Poets&Quants, the definitive online publication for business education news, has unveiled CentreCourt Digital, a virtual version of its highly successful in-person MBA festival. The annual CentreCourt MBA Festivalis a series of multi-city events designed to give potential business school students an inside look at the top MBA programs through panel discussions, exclusive school interviews, and one-on-one meetings with admissions staff. The shift to a virtual format as a way to adhere to social distancing guidelines has, for the first time, brought together 28 of the top 30 MBA programs to interact digitally with would-be B-school applicants. The event, spread over four days, is free to all MBA candidates. "Like many who are locked down during this pandemic, we were initially crestfallen when we realized we could not have our very popular annual festival in person," says John A. Byrne, editor-in-chief of Poets&Quants. "But when we decided to move the physical event online, we discovered unprecedented demand that will make this CentreCourt the most successful MBA admissions event ever. "For the first time ever, we'll have all the admission chiefs of the world's best schools from Harvard, Stanford and Wharton to INSEAD, London Business School, HEC Paris and IESE," Byrne continues. "Already, more than 1,500 prospective students have registered for the event and by the time we open the doors, we expect registrations to surpass 2,500. I'm so looking forward to seeing our worldwide community come together during this difficult time." The new CenterCourt Digital will offer students access to such schools as Harvard Business School, Stanford Graduate School of Business, The Wharton School at the University of Pennsylvania, Northwestern University Kellogg School of Management, Columbia Business School, MIT Sloan School of Management, UC-Berkeley Haas School of Business, INSEAD, HEC Paris, London Business School, Cambridge Judge, and many more. For a full list of participating schools visit Poets&Quants. This event is free for MBA candidates and will take place over four afternoon days: April 28th, 29th, May 5th, and June 2nd, 2020. Learn more and register for CenterCourt Digital here. About Poets&Quants: Poets&Quants is the leading resource for complete coverage of graduate business education. We feature multiple tools and authoritative content, including: consolidated B-school rankings, news and in-depth features, videos, podcasts, two searchable directories and events, empowering our community with information needed to make decisions along their journey from pre- to post-MBA. This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com. SOURCE Poets&Quants Related Links https://poetsandquants.com
edtsum157
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: IRVINE, Calif., July 20, 2020 /PRNewswire/ -- Bioniz Therapeutics, Inc., a clinical stage biopharmaceutical company developing first-in-class peptide therapeutics that selectively and simultaneously inhibit multiple cytokines to treat immuno-inflammatory diseases and cancers, today announced encouraging interim clinical data from its Phase 1/2 open-label clinical study of its lead product candidate BNZ-1 in patients with refractory Cutaneous T-Cell Lymphoma (rCTCL).BNZ-1 is a multi-cytokine inhibitor targeting interleukin (IL)-2, IL-9, and IL-15, that has been successfully studied in two phase 1 studies in healthy volunteers where it demonstrated a favorable safety profile, dose proportionality and exposure-dependent pharmacodynamic activity. This study followed a phase 1/2, multi-center, open-label, dose-escalation clinical study of BNZ-1 and was designed to assess its safety and activity as a single systemic agent in rCTCL patients that have failed standard of care and other available treatment options. The study was designed to recruit a total of 15 patients across 4 doses of 0.5, 1, 2, and 4 mg/kg for intravenous weekly dosing. The primary endpoint was overall safety after 4 weeks of treatment.There was a 3-month treatment extension to further evaluate safety and clinical response. Long term extension was available for patients who benefited from BNZ-1 treatment. Whereas efficacy was observed in all cohorts, the 2 mg/kg cohort was expanded to 19 patients based on a favorable initial clinical response.Overall, BNZ-1 was well tolerated with no dose-limiting toxicities.On average, these rCTCL patients had failed 7 prior skin-directed and systemic therapies. The 2 mg/kg cohort showed signs of clinical improvement with BNZ-1 treatment, as follows: Over 80% of subjects showed some improvement in tumor burden as assessed by the modified severity weighted assessment tool (mSWAT) score in the absence of any concomitant therapy About half achieved a partial response (at least a 50% reduction from baseline) in mSWAT score 5% of subjects achieved a complete response For subjects achieving a partial or complete response, the mean duration of response was 277 days (9.2 months) at the time of the data cut off for this interim analysis Dr. Christiane Querfeld, Director of the Cutaneous Lymphoma Program at the City of Hope, who was the principal investigator of this study, stated "I am pleased with the interim results of the BNZ-1 trial in a highly refractory patient population. Based on this interim analysis, BNZ-1 appears to be safe and well tolerated in CTCL patients.In this trial, BNZ-1 has shown efficacy in heavily pretreated and/or advanced stage patients who have failed standard of care and investigational drugs available to them. As a physician, I look forward to the continued development of BNZ-1 and hope to eventually have this drug in my practice to treat and manage my CTCL patients." "Together with our investigators, we are excited to see the potential clinical benefit of BNZ-1 in highly refractory CTCL patients," said Dr.Nazli Azimi, Founder, President and Chief Executive Officer of Bioniz Therapeutics. "We are eager to further advance the clinical development of BNZ-1 towards approval in CTCL and to evaluate its potential clinical efficacy in other dermatological diseases such as alopecia areata and vitiligo." She added "these data provide additional validation of our platform technology and our approach for multi-cytokine inhibition". Bioniz expects this study to conclude in early Q3 of this year and will submit a request for an end of phase 2 meeting in Q4.Based on the outcome of this meeting, Bioniz anticipates starting phase 3 in 1H 2021. About T-Cell Leukemia and LymphomaT-cell leukemia and lymphoma include a group of rare and often aggressive diseases, including CTCL with limited treatment options and a poor prognosis. Bioniz' product candidate BNZ-1 is a selective inhibitor of cytokines IL-2, IL-9, and IL-15, which are potent T-cell growth factors and key disease drivers in this T-cell malignancy. About BNZ-1The Company's lead development candidate, BNZ-1, is a PEGylated peptide that functions as a selective and simultaneous inhibitor of cytokines IL-2, IL-9, and IL-15. BNZ-1 is currently under investigation in a phase 1/2 clinical trial for refractory Cutaneous T-Cell Lymphoma (rCTCL) and Large Granular Lymphocyte (LGL) Leukemia (www.clinicaltrials.gov identifier: NCT03239392). About BionizBioniz is a clinical-stage biopharmaceutical company developing first-in-class peptide-based multi-cytokine inhibitors for the treatment of cancer and immuno-inflammatory diseases. Bioniz leverages its world class expertise in cytokine biology to develop a novel approach to selectively inhibit functionally redundant cytokines while leaving the rest of the cytokine network intact. Bioniz' innovative platform has resulted in multiple peer-reviewed publications in notable scientific journals. Bioniz is developing a robust pipeline of product candidates in multiple autoimmune and oncology indications. For more information, please visit www.bioniz.com. SOURCE Bioniz Therapeutics, Inc. Related Links http://www.bioniz.com Answer:
Bioniz announces positive efficacy and safety data for BNZ-1 from interim analysis of phase 1/2 study in cutaneous T-cell lymphoma
IRVINE, Calif., July 20, 2020 /PRNewswire/ -- Bioniz Therapeutics, Inc., a clinical stage biopharmaceutical company developing first-in-class peptide therapeutics that selectively and simultaneously inhibit multiple cytokines to treat immuno-inflammatory diseases and cancers, today announced encouraging interim clinical data from its Phase 1/2 open-label clinical study of its lead product candidate BNZ-1 in patients with refractory Cutaneous T-Cell Lymphoma (rCTCL).BNZ-1 is a multi-cytokine inhibitor targeting interleukin (IL)-2, IL-9, and IL-15, that has been successfully studied in two phase 1 studies in healthy volunteers where it demonstrated a favorable safety profile, dose proportionality and exposure-dependent pharmacodynamic activity. This study followed a phase 1/2, multi-center, open-label, dose-escalation clinical study of BNZ-1 and was designed to assess its safety and activity as a single systemic agent in rCTCL patients that have failed standard of care and other available treatment options. The study was designed to recruit a total of 15 patients across 4 doses of 0.5, 1, 2, and 4 mg/kg for intravenous weekly dosing. The primary endpoint was overall safety after 4 weeks of treatment.There was a 3-month treatment extension to further evaluate safety and clinical response. Long term extension was available for patients who benefited from BNZ-1 treatment. Whereas efficacy was observed in all cohorts, the 2 mg/kg cohort was expanded to 19 patients based on a favorable initial clinical response.Overall, BNZ-1 was well tolerated with no dose-limiting toxicities.On average, these rCTCL patients had failed 7 prior skin-directed and systemic therapies. The 2 mg/kg cohort showed signs of clinical improvement with BNZ-1 treatment, as follows: Over 80% of subjects showed some improvement in tumor burden as assessed by the modified severity weighted assessment tool (mSWAT) score in the absence of any concomitant therapy About half achieved a partial response (at least a 50% reduction from baseline) in mSWAT score 5% of subjects achieved a complete response For subjects achieving a partial or complete response, the mean duration of response was 277 days (9.2 months) at the time of the data cut off for this interim analysis Dr. Christiane Querfeld, Director of the Cutaneous Lymphoma Program at the City of Hope, who was the principal investigator of this study, stated "I am pleased with the interim results of the BNZ-1 trial in a highly refractory patient population. Based on this interim analysis, BNZ-1 appears to be safe and well tolerated in CTCL patients.In this trial, BNZ-1 has shown efficacy in heavily pretreated and/or advanced stage patients who have failed standard of care and investigational drugs available to them. As a physician, I look forward to the continued development of BNZ-1 and hope to eventually have this drug in my practice to treat and manage my CTCL patients." "Together with our investigators, we are excited to see the potential clinical benefit of BNZ-1 in highly refractory CTCL patients," said Dr.Nazli Azimi, Founder, President and Chief Executive Officer of Bioniz Therapeutics. "We are eager to further advance the clinical development of BNZ-1 towards approval in CTCL and to evaluate its potential clinical efficacy in other dermatological diseases such as alopecia areata and vitiligo." She added "these data provide additional validation of our platform technology and our approach for multi-cytokine inhibition". Bioniz expects this study to conclude in early Q3 of this year and will submit a request for an end of phase 2 meeting in Q4.Based on the outcome of this meeting, Bioniz anticipates starting phase 3 in 1H 2021. About T-Cell Leukemia and LymphomaT-cell leukemia and lymphoma include a group of rare and often aggressive diseases, including CTCL with limited treatment options and a poor prognosis. Bioniz' product candidate BNZ-1 is a selective inhibitor of cytokines IL-2, IL-9, and IL-15, which are potent T-cell growth factors and key disease drivers in this T-cell malignancy. About BNZ-1The Company's lead development candidate, BNZ-1, is a PEGylated peptide that functions as a selective and simultaneous inhibitor of cytokines IL-2, IL-9, and IL-15. BNZ-1 is currently under investigation in a phase 1/2 clinical trial for refractory Cutaneous T-Cell Lymphoma (rCTCL) and Large Granular Lymphocyte (LGL) Leukemia (www.clinicaltrials.gov identifier: NCT03239392). About BionizBioniz is a clinical-stage biopharmaceutical company developing first-in-class peptide-based multi-cytokine inhibitors for the treatment of cancer and immuno-inflammatory diseases. Bioniz leverages its world class expertise in cytokine biology to develop a novel approach to selectively inhibit functionally redundant cytokines while leaving the rest of the cytokine network intact. Bioniz' innovative platform has resulted in multiple peer-reviewed publications in notable scientific journals. Bioniz is developing a robust pipeline of product candidates in multiple autoimmune and oncology indications. For more information, please visit www.bioniz.com. SOURCE Bioniz Therapeutics, Inc. Related Links http://www.bioniz.com
edtsum158
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: MINNEAPOLIS, Aug. 3, 2020 /PRNewswire/ -- OFT Food Safety & Injury Lawyers filed the first Oregon lawsuit in the multistate Salmonella outbreak linked to red onions produced by Thomson International, Inc. and sold throughout the United States and Canada. The lawsuit was filed in Oregon federal court (File No. 20-cv-1284) on August 3, 2020, on behalf of a 36-year-old Oregon man who suffered a harrowing illness and hospitalization. First Filed Oregon Complaint in Red Onion Salmonella Outbreak. Advanced genetic testing known as Whole Genome Sequencing revealed that the Plaintiff in the case contracted outbreak strain of Salmonella, according to the Complaint. To date, the Centers for Disease Control has identified 396 confirmed Salmonella Newport illnesses in 34 states that were caused by contaminated onions. Oregon was one of the hardest hit states with 71 confirmed illnesses. In response to the public health investigation, Thomson International, Inc. of Bakersfield, California initiated a nationwide recall of red, yellow, white, and sweet onions distributed to wholesalers, restaurants and grocery stores. OFT Food Safety Lawyer Ryan Osterholm praised the public health testing that revealed the source of the outbreak:Public health infrastructure is critically important to protecting our families from dangerous food. The WGS testing performed on my client and the other 395 people in this outbreak allowed CDC, FDA and state health departments to get this product off the shelves and quite literally save lives. It is even more important to have a robust testing system when the outbreak is caused by a product like red onions which is often mixed in with other produce items. Osterholm also noted that the outbreak-causing strain of Salmonella has proven to be particularly dangerous. "As of today, CDC reports 59 hospitalizations from red onions. I have talked to people with kidney damage, auto-immune neurological symptoms, and truly horrible blood infections. This is not just the stomach flu," Osterholm said. The Plaintiff in the Oregon case reported purchasing red onions at both a Fred Meyer grocery store and at Wal-Mart. Within days he experienced debilitating stomach cramps, bloody stool and was hospitalized. With over 4 decades of experience, the lawyers at OFT Food Safety & Injury Lawyers have recovered millions on behalf of food poisoning victims. OFT is one of the largest national law firms committed to representing food poisoning victims. If you have been affected by this outbreak, contact OFT Law for a free consultation today. Call or text 888-828-7087 or email[emailprotected]. Primary Contact: Secondary Contact: Ryan Osterholm Lindsay Lien Rinholen Partner | OFT Law Associate | OFT Law 888-828-7087 888-828-7087 [emailprotected] [emailprotected] SOURCE OFT Law PLLC Related Links https://www.oftlaw.com/ Answer:
OFT Food Safety Lawyers File First Lawsuit In Red Onions Salmonella Outbreak
MINNEAPOLIS, Aug. 3, 2020 /PRNewswire/ -- OFT Food Safety & Injury Lawyers filed the first Oregon lawsuit in the multistate Salmonella outbreak linked to red onions produced by Thomson International, Inc. and sold throughout the United States and Canada. The lawsuit was filed in Oregon federal court (File No. 20-cv-1284) on August 3, 2020, on behalf of a 36-year-old Oregon man who suffered a harrowing illness and hospitalization. First Filed Oregon Complaint in Red Onion Salmonella Outbreak. Advanced genetic testing known as Whole Genome Sequencing revealed that the Plaintiff in the case contracted outbreak strain of Salmonella, according to the Complaint. To date, the Centers for Disease Control has identified 396 confirmed Salmonella Newport illnesses in 34 states that were caused by contaminated onions. Oregon was one of the hardest hit states with 71 confirmed illnesses. In response to the public health investigation, Thomson International, Inc. of Bakersfield, California initiated a nationwide recall of red, yellow, white, and sweet onions distributed to wholesalers, restaurants and grocery stores. OFT Food Safety Lawyer Ryan Osterholm praised the public health testing that revealed the source of the outbreak:Public health infrastructure is critically important to protecting our families from dangerous food. The WGS testing performed on my client and the other 395 people in this outbreak allowed CDC, FDA and state health departments to get this product off the shelves and quite literally save lives. It is even more important to have a robust testing system when the outbreak is caused by a product like red onions which is often mixed in with other produce items. Osterholm also noted that the outbreak-causing strain of Salmonella has proven to be particularly dangerous. "As of today, CDC reports 59 hospitalizations from red onions. I have talked to people with kidney damage, auto-immune neurological symptoms, and truly horrible blood infections. This is not just the stomach flu," Osterholm said. The Plaintiff in the Oregon case reported purchasing red onions at both a Fred Meyer grocery store and at Wal-Mart. Within days he experienced debilitating stomach cramps, bloody stool and was hospitalized. With over 4 decades of experience, the lawyers at OFT Food Safety & Injury Lawyers have recovered millions on behalf of food poisoning victims. OFT is one of the largest national law firms committed to representing food poisoning victims. If you have been affected by this outbreak, contact OFT Law for a free consultation today. Call or text 888-828-7087 or email[emailprotected]. Primary Contact: Secondary Contact: Ryan Osterholm Lindsay Lien Rinholen Partner | OFT Law Associate | OFT Law 888-828-7087 888-828-7087 [emailprotected] [emailprotected] SOURCE OFT Law PLLC Related Links https://www.oftlaw.com/
edtsum159
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: REDWOOD CITY, Calif.--(BUSINESS WIRE)--Gynesonics, a womens healthcare company focused on the development of minimally invasive solutions for symptomatic uterine fibroids, announced today that Health Care Service Corporation (HCSC) has released a coverage policy for The Sonata Procedure. The addition of HCSC policy allows another 16 million covered lives access to this minimally invasive procedure. The Sonata technology platform integrates the first and only commercial intrauterine ultrasound system with a proprietary advanced radiofrequency ablation device, providing an incision-free, uterus-preserving, transcervical treatment for symptomatic uterine fibroids. The Sonata Treatment is a breakthrough alternative to hysterectomy and myomectomy, and can treat a wide range of fibroid types, sizes, and locations. Fibroids are treated from inside the uterus, so the Sonata Treatment requires no incisions, no tissue is surgically removed, and the uterus is preserved. I am extremely pleased to see health insurance plans, such as HCSC, recognize the impact uterine fibroids have on a womans life and the importance of providing minimally invasive treatment options. As a surgeon, it is my responsibility to determine the best treatment option based on a patients symptoms. Sonata should be made available to all women who need it. It is time local and national health plans follow suit with other carriers that have included Sonata in their coverage policies, said Charles Miller, Director of Minimally Invasive Gynecologic Surgery at Advocate Lutheran General Hospital in Park Ridge, IL; Professor, Obstetrics & Gynecology - Department of Clinical Sciences, Rosalind Franklin University of Medicine and Science, North Chicago, IL; and a past President of the American Association of Gynecological Laparoscopists (AAGL) and International Society of Gynecological Endoscopy (ISGE). I have seen the evolution of minimally invasive fibroid treatment options. The Sonata procedure is one that I choose for a specific patient population whose life has been impacted by this disease. Sonata is the least invasive approach to fibroids wholly or partially within the myometrium of the uterus. Minimally invasive treatments for uterine fibroids have advanced and provide women a safe and effective alternative to more invasive treatments. In the SONATA clinical trial, within three months following their Sonata Treatment, 86 percent of women experienced a reduction in heavy menstrual bleeding and 95 percent of patients experienced a reduction in menstrual bleeding by 12 months. Additionally, 50 percent of women return to normal activities the next day. The overall impact of treatment with Sonata was significant for these women, with 97 percent of women at 12 months indicating they would recommend the procedure. Women in the study experienced significant durable symptom relief through three years. The announcement of this coverage policy from HCSC is an exciting milestone for both patients and providers to expand the options available to women suffering with symptomatic uterine fibroids. Data reports nearly 80 percent of women prefer to avoid invasive surgery for fibroids and prefer a less invasive option, said Chris Owens, President and CEO of Gynesonics. The health insurance companies are listening to patients and providers, and then addressing their needs by creating access to a less invasive treatment option with the Sonata System. The addition of coverage policies nationwide reflects the robustness of the clinical evidence supporting the Sonata treatment as a safe, effective, and durable option. About Sonata System The Sonata System uses radiofrequency energy to ablate fibroids under real time sonography guidance from within the uterine cavity, utilizing the first and only intrauterine ultrasound transducer. The System includes a proprietary graphical user interface (SMART Guide), enabling the operator to target fibroids and optimize treatment. The Sonata system provides incision-free transcervical access for a uterus-preserving fibroid treatment. This intrauterine approach is designed to avoid the peritoneal cavity. The Sonata System is CE marked and is approved for sale in the European Union and the United States. About Gynesonics Gynesonics is a womens healthcare company focused on advancing womens health, by developing minimally invasive, incision-free, uterus-preserving, transcervical technologies for diagnostic and therapeutic applications. Gynesonics has developed the Sonata System for diagnostic intrauterine imaging and transcervical treatment of symptomatic uterine fibroids. Gynesonics headquarters is in Redwood City, CA. For more information, go to www.gynesonics.com. Answer:
Gynesonics Announces Positive Payer Coverage Issued by Health Care Service Corporation (HCSC) for the Sonata Treatment HCSC is the largest customer-owned health insurer in the United States, operating Blue Cross and Blue Shield Plans in Illinois, Montana, New Mexico, Oklahoma, and Texas
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Gynesonics, a womens healthcare company focused on the development of minimally invasive solutions for symptomatic uterine fibroids, announced today that Health Care Service Corporation (HCSC) has released a coverage policy for The Sonata Procedure. The addition of HCSC policy allows another 16 million covered lives access to this minimally invasive procedure. The Sonata technology platform integrates the first and only commercial intrauterine ultrasound system with a proprietary advanced radiofrequency ablation device, providing an incision-free, uterus-preserving, transcervical treatment for symptomatic uterine fibroids. The Sonata Treatment is a breakthrough alternative to hysterectomy and myomectomy, and can treat a wide range of fibroid types, sizes, and locations. Fibroids are treated from inside the uterus, so the Sonata Treatment requires no incisions, no tissue is surgically removed, and the uterus is preserved. I am extremely pleased to see health insurance plans, such as HCSC, recognize the impact uterine fibroids have on a womans life and the importance of providing minimally invasive treatment options. As a surgeon, it is my responsibility to determine the best treatment option based on a patients symptoms. Sonata should be made available to all women who need it. It is time local and national health plans follow suit with other carriers that have included Sonata in their coverage policies, said Charles Miller, Director of Minimally Invasive Gynecologic Surgery at Advocate Lutheran General Hospital in Park Ridge, IL; Professor, Obstetrics & Gynecology - Department of Clinical Sciences, Rosalind Franklin University of Medicine and Science, North Chicago, IL; and a past President of the American Association of Gynecological Laparoscopists (AAGL) and International Society of Gynecological Endoscopy (ISGE). I have seen the evolution of minimally invasive fibroid treatment options. The Sonata procedure is one that I choose for a specific patient population whose life has been impacted by this disease. Sonata is the least invasive approach to fibroids wholly or partially within the myometrium of the uterus. Minimally invasive treatments for uterine fibroids have advanced and provide women a safe and effective alternative to more invasive treatments. In the SONATA clinical trial, within three months following their Sonata Treatment, 86 percent of women experienced a reduction in heavy menstrual bleeding and 95 percent of patients experienced a reduction in menstrual bleeding by 12 months. Additionally, 50 percent of women return to normal activities the next day. The overall impact of treatment with Sonata was significant for these women, with 97 percent of women at 12 months indicating they would recommend the procedure. Women in the study experienced significant durable symptom relief through three years. The announcement of this coverage policy from HCSC is an exciting milestone for both patients and providers to expand the options available to women suffering with symptomatic uterine fibroids. Data reports nearly 80 percent of women prefer to avoid invasive surgery for fibroids and prefer a less invasive option, said Chris Owens, President and CEO of Gynesonics. The health insurance companies are listening to patients and providers, and then addressing their needs by creating access to a less invasive treatment option with the Sonata System. The addition of coverage policies nationwide reflects the robustness of the clinical evidence supporting the Sonata treatment as a safe, effective, and durable option. About Sonata System The Sonata System uses radiofrequency energy to ablate fibroids under real time sonography guidance from within the uterine cavity, utilizing the first and only intrauterine ultrasound transducer. The System includes a proprietary graphical user interface (SMART Guide), enabling the operator to target fibroids and optimize treatment. The Sonata system provides incision-free transcervical access for a uterus-preserving fibroid treatment. This intrauterine approach is designed to avoid the peritoneal cavity. The Sonata System is CE marked and is approved for sale in the European Union and the United States. About Gynesonics Gynesonics is a womens healthcare company focused on advancing womens health, by developing minimally invasive, incision-free, uterus-preserving, transcervical technologies for diagnostic and therapeutic applications. Gynesonics has developed the Sonata System for diagnostic intrauterine imaging and transcervical treatment of symptomatic uterine fibroids. Gynesonics headquarters is in Redwood City, CA. For more information, go to www.gynesonics.com.
edtsum160
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION (a) Full name of discloser: Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Dialog Semiconductor plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 1st March 2021 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state N/A No 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 10p ordinary (GB0059822006) Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: - - - - (2) Cash-settled derivatives: 1,424,678 1.999% - - (3) Stock-settled derivatives (including options) and agreements to purchase/sell: - - - - TOTAL: 1,424,678 1.999% - - All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (EUR) GB0059822006 Equity Swap Increasing a long position 11,114 64.43 GB0059822006 Equity Swap Increasing a long position 10,000 64.41 GB0059822006 Equity Swap Increasing a long position 7,013 64.34 GB0059822006 Equity Swap Increasing a long position 12,694 64.28 GB0059822006 Equity Swap Increasing a long position 2,572 64.39 GB0059822006 Equity Swap Increasing a long position 66 64.38 GB0059822006 Equity Swap Increasing a long position 110 64.67 GB0059822006 Equity Swap Reducing a long position 372 64.37 GB0059822006 Equity Swap Increasing a long position 3,500 64.35 (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none NONE (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none NONE (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 2nd March 2021 Contact name: Milos Naumovic Telephone number: +44 203 650 8203 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk. Answer:
Form 8.3 - Dialog Semiconductor plc
LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION (a) Full name of discloser: Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Dialog Semiconductor plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 1st March 2021 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state N/A No 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 10p ordinary (GB0059822006) Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: - - - - (2) Cash-settled derivatives: 1,424,678 1.999% - - (3) Stock-settled derivatives (including options) and agreements to purchase/sell: - - - - TOTAL: 1,424,678 1.999% - - All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (EUR) GB0059822006 Equity Swap Increasing a long position 11,114 64.43 GB0059822006 Equity Swap Increasing a long position 10,000 64.41 GB0059822006 Equity Swap Increasing a long position 7,013 64.34 GB0059822006 Equity Swap Increasing a long position 12,694 64.28 GB0059822006 Equity Swap Increasing a long position 2,572 64.39 GB0059822006 Equity Swap Increasing a long position 66 64.38 GB0059822006 Equity Swap Increasing a long position 110 64.67 GB0059822006 Equity Swap Reducing a long position 372 64.37 GB0059822006 Equity Swap Increasing a long position 3,500 64.35 (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none NONE (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none NONE (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 2nd March 2021 Contact name: Milos Naumovic Telephone number: +44 203 650 8203 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.
edtsum161
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--Skechers got the world dancing for a cause after dropping a TikTok dance challenge set to the track Skechers by DripReport that concluded with the lifestyle company donating one million masks to essential workers and communities in need. Skechers is partnering with the United Way of Greater Los Angeles and more charities across the country to deliver the masks directly to those who will most benefit. The one million masks, which are non-medical, triple-layer surgical style, will be donated to non-profit organizations that typically do not receive PPE from government institutions, with a focus on economic hardship. This includes community and public education centers, health and rehab outreach facilities, plus homeless shelters and food banks in the greater Los Angeles area as well as planned distributions in Chicago, New York City, Detroit and several cities in Florida and New Jersey. Weve been watching TikTok become a driving force thats keeping so many people connected during this difficult time, said Robert Greenberg, CEO of Skechers. After the viral success of DripReports Skechers on the platform, I knew we had to transform the momentum into a give-back effortone that ended up involving fans also giving back just by sharing a dance. Its a beautiful thing, and were excited to be working with the United Way and all of our partners on donating a million masks, as we all make a difference together. Throughout the pandemic, two things have flourished: creativity and care," said Elise Bulk, president and CEO of United Way of Greater Los Angeles. It's heartwarming to see fans from around the world express themselves to raise awareness in concert with the charitable efforts of a local business with a global reach like Skechers. As case numbers increase across the Los Angeles area, United Way is proud to partner with Skechers, donating masks where they can protect front-line workers and the most vulnerable people in our community. The United Way of Greater Los Angeles will be distributing Skechers masks to shelters, clinics, community centers and food banks throughout the metropolitan region from San Gabriel to Long Beach over the next month. The remaining masks will be distributed to facilities in key vulnerable communities identified and supported by charity partners across the country. The #MillionMaskChallenge campaign started with announcements by some of the most influential TikTokers including Addison Rae, Loren Gray, Spencer X, Maiko, Avani and the Croes Brothers among others with a combined following of more than 350 million. They asked their fans to create a video dancing to the hit viral track Skechers by DripReport, and for every Skechers dance shared, the Company agreed to donate up to a million Skechers face masks to essential workers and organizations within communities in need. A congratulatory video from the influencers can be seen here. From the start, I wanted to turn this moment into a movement, said DripReport, who signed with Arista Records earlier this year for the official release of Skechershis first original track. Part of my goal with the track was to show you can make whatever you wear cool and share a message about self-confidence over material things. When I originally released Skechers in January, the world was in a different place. After the track blew up, I love that Skechers and I succeeded in making it stand for so much more. The Skechers track by DripReport has been nothing short of a phenomenon. Skechers spent five weeks on top of the Spotify US Viral Chartbreaking a record set by Lil Nas Xs Old Town Road. Rolling Stone declared it the most-streamed song in history aboutsneakers and it went on to be shared more than a billion times on TikTok with millions creating and sharing their own dances. GRAMMY-nominated rapper, singer and songwriter Tyga dropped his own remix of the track in May and DripReport also released his own remix with an animated music video that heavily features Skechers. DripReport first appeared as an Instagram page for sharing remixes of popular hip-hop songs, and eventually grew in popularity with hundreds of millions of views on YouTube and social media for his content. About Skechers USA, Inc. Based in Manhattan Beach, California, Skechers (NYSE: SKX) designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Companys collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,615 Company- and third-party-owned retail stores and e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TikTok. About United Way of Greater Los Angeles United Way of Greater Los Angeles is a nonprofit organization fighting to end poverty by preparing students for high school graduation, college, and the workforce, housing our homeless neighbors, and guiding hard-working families towards economic mobility. United Way identifies the root causes of poverty and works strategically to solve them by building alliances across all sectors, funding targeted programs and advocating for change. For more information, visit UnitedWayLA.org and EveryoneInLA.org. This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, without limitation, Skechers future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as believe, anticipate, expect, estimate, intend, plan, project, will be, will continue, will result, could, may, might, or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers annual report on Form 10-K for the year ended December 31, 2019 and its quarterly report on Form 10-Q for the three months ended June 30, 2020. More specifically, the COVID-19 pandemic has had and is currently having a significant impact on Skechers business, financial conditions, cash flow and results of operations. Forward-looking statements with respect to the COVID-19 pandemic include, without limitation, Skechers plans in response to this pandemic. At this time, there is significant uncertainty about the COVID-19 pandemic, including without limitation, (i) the duration and extent of the impact of the pandemic, (ii) governmental responses to the pandemic, including how such responses could impact Skechers business and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers actions taken in response to these risks, and (iv) Skechers ability to effectively and timely adjust its plans in response to the rapidly changing retail and economic environment. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance. Answer:
Skechers Donates a Million Masks in Partnership With United Way of Greater Los Angeles and Charities Masks Will Go to Communities in Need in the United States After Fans Dance to Hit Song Skechers by DripReport on TikTokA Track Shared More Than a Billion Times to Date
MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--Skechers got the world dancing for a cause after dropping a TikTok dance challenge set to the track Skechers by DripReport that concluded with the lifestyle company donating one million masks to essential workers and communities in need. Skechers is partnering with the United Way of Greater Los Angeles and more charities across the country to deliver the masks directly to those who will most benefit. The one million masks, which are non-medical, triple-layer surgical style, will be donated to non-profit organizations that typically do not receive PPE from government institutions, with a focus on economic hardship. This includes community and public education centers, health and rehab outreach facilities, plus homeless shelters and food banks in the greater Los Angeles area as well as planned distributions in Chicago, New York City, Detroit and several cities in Florida and New Jersey. Weve been watching TikTok become a driving force thats keeping so many people connected during this difficult time, said Robert Greenberg, CEO of Skechers. After the viral success of DripReports Skechers on the platform, I knew we had to transform the momentum into a give-back effortone that ended up involving fans also giving back just by sharing a dance. Its a beautiful thing, and were excited to be working with the United Way and all of our partners on donating a million masks, as we all make a difference together. Throughout the pandemic, two things have flourished: creativity and care," said Elise Bulk, president and CEO of United Way of Greater Los Angeles. It's heartwarming to see fans from around the world express themselves to raise awareness in concert with the charitable efforts of a local business with a global reach like Skechers. As case numbers increase across the Los Angeles area, United Way is proud to partner with Skechers, donating masks where they can protect front-line workers and the most vulnerable people in our community. The United Way of Greater Los Angeles will be distributing Skechers masks to shelters, clinics, community centers and food banks throughout the metropolitan region from San Gabriel to Long Beach over the next month. The remaining masks will be distributed to facilities in key vulnerable communities identified and supported by charity partners across the country. The #MillionMaskChallenge campaign started with announcements by some of the most influential TikTokers including Addison Rae, Loren Gray, Spencer X, Maiko, Avani and the Croes Brothers among others with a combined following of more than 350 million. They asked their fans to create a video dancing to the hit viral track Skechers by DripReport, and for every Skechers dance shared, the Company agreed to donate up to a million Skechers face masks to essential workers and organizations within communities in need. A congratulatory video from the influencers can be seen here. From the start, I wanted to turn this moment into a movement, said DripReport, who signed with Arista Records earlier this year for the official release of Skechershis first original track. Part of my goal with the track was to show you can make whatever you wear cool and share a message about self-confidence over material things. When I originally released Skechers in January, the world was in a different place. After the track blew up, I love that Skechers and I succeeded in making it stand for so much more. The Skechers track by DripReport has been nothing short of a phenomenon. Skechers spent five weeks on top of the Spotify US Viral Chartbreaking a record set by Lil Nas Xs Old Town Road. Rolling Stone declared it the most-streamed song in history aboutsneakers and it went on to be shared more than a billion times on TikTok with millions creating and sharing their own dances. GRAMMY-nominated rapper, singer and songwriter Tyga dropped his own remix of the track in May and DripReport also released his own remix with an animated music video that heavily features Skechers. DripReport first appeared as an Instagram page for sharing remixes of popular hip-hop songs, and eventually grew in popularity with hundreds of millions of views on YouTube and social media for his content. About Skechers USA, Inc. Based in Manhattan Beach, California, Skechers (NYSE: SKX) designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Companys collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,615 Company- and third-party-owned retail stores and e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TikTok. About United Way of Greater Los Angeles United Way of Greater Los Angeles is a nonprofit organization fighting to end poverty by preparing students for high school graduation, college, and the workforce, housing our homeless neighbors, and guiding hard-working families towards economic mobility. United Way identifies the root causes of poverty and works strategically to solve them by building alliances across all sectors, funding targeted programs and advocating for change. For more information, visit UnitedWayLA.org and EveryoneInLA.org. This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, without limitation, Skechers future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as believe, anticipate, expect, estimate, intend, plan, project, will be, will continue, will result, could, may, might, or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers annual report on Form 10-K for the year ended December 31, 2019 and its quarterly report on Form 10-Q for the three months ended June 30, 2020. More specifically, the COVID-19 pandemic has had and is currently having a significant impact on Skechers business, financial conditions, cash flow and results of operations. Forward-looking statements with respect to the COVID-19 pandemic include, without limitation, Skechers plans in response to this pandemic. At this time, there is significant uncertainty about the COVID-19 pandemic, including without limitation, (i) the duration and extent of the impact of the pandemic, (ii) governmental responses to the pandemic, including how such responses could impact Skechers business and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers actions taken in response to these risks, and (iv) Skechers ability to effectively and timely adjust its plans in response to the rapidly changing retail and economic environment. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
edtsum162
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: RESTON, Va., Jan. 27, 2021 /PRNewswire/ --General Dynamics (NYSE: GD) today reported quarterly net earnings of $1 billion, or $3.49 per diluted share, on $10.5 billion in revenue. For the full year, net earnings were $3.2 billion, or $11.00 per diluted share, on revenue of $37.9 billion. On a sequential basis, both net earnings and earnings per share (EPS) were up 20% from the previous quarter. Operating margin was 12.3% in the quarter, up 90 basis points sequentially and up 20 basis points from the year-ago quarter. Backlog grew 9.8% in the quarter to a record-high $89.5 billion. Continue Reading (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) "Our continued focus on operating performance and on protecting the health and safety of our employees contributed to strong sequential improvements in earnings, margin and cash flow," said Phebe N. Novakovic, chairman and chief executive officer. "Our defense segments continued to capture significant awards, leading to a record-high backlog, while our aerospace segment not only remained very profitable, but actually improved its margins throughout the year, even as the broader business aviation industry contracted severely due to the pandemic." MarginCompany-wide operating margin was 12.3%, up 90 basis points from the prior quarter. Aerospace margin was 16.5%, up 220 basis points from the prior quarter. CashNet cash provided by operating activities in the quarter totaled $2.6 billion, or 256% of net earnings. For the year, net cash provided by operating activities totaled $3.9 billion, or 122% of net earnings. Free cash flow from operations, defined as net cash provided by operating activities less capital expenditures, was $2.2 billion for the quarter, a 221% conversion of net earnings, and $2.9 billion for the year, a 91% conversion of net earnings. During the quarter, the company reduced its net debt by $1.7 billion, invested $345 million in capital expenditures, paid $315 million in dividends, and repurchased $100.7 million in shares at an average price of $143.80, ending 2020 with $2.8 billion in cash and equivalents on hand. BacklogOrders remained strong across the company with a consolidated book-to-bill of 1.8-to-1 for the quarter and 1.1-to-1 for the year. In addition to backlog of $89.5 billion, management's estimate of additional value in unfunded indefinite delivery/indefinite quantity (IDIQ) contracts and unexercised options was $45.2 billion at year-end. Total estimated contract value, representing the sum of all backlog components was $134.7 billion, up 6.7% for the year. Significant awards in the fourth quarter included a $9.5 billion option exercise from the U.S. Navy for construction and test of the first two Columbia-class submarines; $4.4 billion maximum potential value contract from the U.S. Department of Defense to provide cloud solutions for Office 365 deployment and migration; a $3.3 billion maximum potential value contract from the U.S. State Department to provide business process support services; a $695 million contract from the U.S. Army to provide information technology and professional services; $620 million for several key contracts for classified customers; a $405 million initial task order on a $4.3 billion maximum potential value contract to upgrade Abrams tanks for the Army; a $230 million initial task order on an Army contract with a maximum potential contract value of $1.2 billion to produce Stryker Initial Maneuver Short-Range Air Defense (IM-SHORAD) vehicles; $375 million from the Navy to provide lead yard services for the Virginia-class submarine program; and $265 million from the Navy for maintenance and repair services for three ship classes.About General DynamicsHeadquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated $37.9 billion in revenue in 2020. More information is available at www.gd.com.Certain statements made in this press release, including any statements as to future results of operations and financial projections, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. Additional information regarding these factors is contained in the company's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. All forward-looking statements speak only as of the date they were made. The company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.WEBCAST INFORMATION: General Dynamics will webcast its fourth-quarter and full-year 2020 financial results conference call at 9 a.m. EST on Wednesday, January 27, 2021. The webcast will be a listen-only audio event available at www.gd.com. An on-demand replay of the webcast will be available one hour after the end of the call and end on February 3, 2021. To hear a recording of the conference call by telephone, please call 877-344-7529 (international: 412-317-0088); passcode 10151195. Charts furnished to investors and securities analysts in connection with General Dynamics' announcement of its financial results are available at www.gd.com. General Dynamics intends to supplement those charts on its website after its earnings call today to include information about 2021 guidance presented during the call. EXHIBIT A CONSOLIDATED STATEMENT OF EARNINGS - (UNAUDITED) DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS Three Months Ended December 31 Variance 2020 2019* $ % Revenue $ 10,481 $ 10,773 $ (292) (2.7) % Operating costs and expenses (9,188) (9,465) 277 Operating earnings 1,293 1,308 (15) (1.1) % Other, net 12 16 (4) Interest, net (120) (110) (10) Earnings before income tax 1,185 1,214 (29) (2.4) % Provision for income tax, net (183) (194) 11 Net earnings $ 1,002 $ 1,020 $ (18) (1.8) % Earnings per sharebasic $ 3.50 $ 3.53 $ (0.03) (0.8) % Basic weighted average shares outstanding 286.3 288.8 Earnings per sharediluted $ 3.49 $ 3.51 $ (0.02) (0.6) % Diluted weighted average shares outstanding 287.1 290.9 * Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. EXHIBIT B CONSOLIDATED STATEMENT OF EARNINGS - (UNAUDITED) DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS Year Ended December 31 Variance 2020 2019* $ % Revenue $ 37,925 $ 39,350 $ (1,425) (3.6) % Operating costs and expenses (33,792) (34,780) 988 Operating earnings 4,133 4,570 (437) (9.6) % Other, net 82 92 (10) Interest, net (477) (460) (17) Earnings before income tax 3,738 4,202 (464) (11.0) % Provision for income tax, net (571) (718) 147 Net earnings $ 3,167 $ 3,484 $ (317) (9.1) % Earnings per sharebasic $ 11.04 $ 12.09 $ (1.05) (8.7) % Basic weighted average shares outstanding 286.9 288.3 Earnings per sharediluted $ 11.00 $ 11.98 $ (0.98) (8.2) % Diluted weighted average shares outstanding 287.9 290.8 * Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. EXHIBIT C REVENUE AND OPERATING EARNINGS BY SEGMENT - (UNAUDITED) DOLLARS IN MILLIONS Three Months Ended December 31 Variance 2020 2019 (a) $ % Revenue: Aerospace $ 2,435 $ 2,930 $ (495) (16.9) % Marine Systems 2,857 2,565 292 11.4 % Combat Systems 1,960 1,972 (12) (0.6) % Technologies (b) 3,229 3,306 (77) (2.3) % Total $ 10,481 $ 10,773 $ (292) (2.7) % Operating earnings: Aerospace $ 401 $ 480 $ (79) (16.5) % Marine Systems 247 199 48 24.1 % Combat Systems 309 284 25 8.8 % Technologies (b) 352 360 (8) (2.2) % Corporate (16) (15) (1) (6.7) % Total $ 1,293 $ 1,308 $ (15) (1.1) % Operating margin: Aerospace 16.5 % 16.4 % Marine Systems 8.6 % 7.8 % Combat Systems 15.8 % 14.4 % Technologies (b) 10.9 % 10.9 % Total 12.3 % 12.1 % (a) Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. (b) Effective December 31, 2020, we have reorganized our Mission Systems and Information Technology business units into a single reporting unit Technologies to better reflect the way we are running the business, the overlap and commonality of customers, and customer demand for end-to-end solutions melding technology, hardware and software. EXHIBIT D REVENUE AND OPERATING EARNINGS BY SEGMENT - (UNAUDITED) DOLLARS IN MILLIONS Year Ended December 31 Variance 2020 2019 (a) $ % Revenue: Aerospace $ 8,075 $ 9,801 $ (1,726) (17.6) % Marine Systems 9,979 9,183 796 8.7 % Combat Systems 7,223 7,007 216 3.1 % Technologies (b) 12,648 13,359 (711) (5.3) % Total $ 37,925 $ 39,350 $ (1,425) (3.6) % Operating earnings: Aerospace $ 1,083 $ 1,532 $ (449) (29.3) % Marine Systems 854 785 69 8.8 % Combat Systems 1,041 996 45 4.5 % Technologies (b) 1,211 1,311 (100) (7.6) % Corporate (56) (54) (2) (3.7) % Total $ 4,133 $ 4,570 $ (437) (9.6) % Operating margin: Aerospace 13.4 % 15.6 % Marine Systems 8.6 % 8.5 % Combat Systems 14.4 % 14.2 % Technologies (b) 9.6 % 9.8 % Total 10.9 % 11.6 % (a) Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. (b) Effective December 31, 2020, we have reorganized our Mission Systems and Information Technology business units into a single reporting unit Technologies to better reflect the way we are running the business, the overlap and commonality of customers, and customer demand for end-to-end solutions melding technology, hardware and software. EXHIBIT E REVENUE AND OPERATING EARNINGS BY SEGMENT - (UNAUDITED) DOLLARS IN MILLIONS Three Months Ended Variance December 31, 2020 September 27, 2020 (a) $ % Revenue: Aerospace $ 2,435 $ 1,975 $ 460 23.3 % Marine Systems 2,857 2,405 452 18.8 % Combat Systems 1,960 1,801 159 8.8 % Technologies (b) 3,229 3,250 (21) (0.6) % Total $ 10,481 $ 9,431 $ 1,050 11.1 % Operating earnings: Aerospace $ 401 $ 283 $ 118 41.7 % Marine Systems 247 223 24 10.8 % Combat Systems 309 270 39 14.4 % Technologies (b) 352 314 38 12.1 % Corporate (16) (18) 2 11.1 % Total $ 1,293 $ 1,072 $ 221 20.6 % Operating margin: Aerospace 16.5 % 14.3 % Marine Systems 8.6 % 9.3 % Combat Systems 15.8 % 15.0 % Technologies (b) 10.9 % 9.7 % Total 12.3 % 11.4 % (a) Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. (b) Effective December 31, 2020, we have reorganized our Mission Systems and Information Technology business units into a single reporting unit Technologies to better reflect the way we are running the business, the overlap and commonality of customers, and customer demand for end-to-end solutions melding technology, hardware and software. EXHIBIT F CONSOLIDATED BALANCE SHEET DOLLARS IN MILLIONS (Unaudited) December 31, 2020 December 31, 2019* ASSETS Current assets: Cash and equivalents $ 2,824 $ 902 Accounts receivable 3,161 3,544 Unbilled receivables 8,024 7,857 Inventories 5,745 6,306 Other current assets 1,789 1,679 Total current assets 21,543 20,288 Noncurrent assets: Property, plant and equipment, net 5,100 4,475 Intangible assets, net 2,117 2,315 Goodwill 20,053 19,677 Other assets 2,495 2,594 Total noncurrent assets 29,765 29,061 Total assets $ 51,308 $ 49,349 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term debt and current portion of long-term debt $ 3,003 $ 2,920 Accounts payable 2,952 3,162 Customer advances and deposits 6,276 7,148 Other current liabilities 3,733 3,571 Total current liabilities 15,964 16,801 Noncurrent liabilities: Long-term debt 9,995 9,010 Other liabilities 9,688 9,560 Total noncurrent liabilities 19,683 18,570 Shareholders' equity: Common stock 482 482 Surplus 3,124 3,039 Retained earnings 33,498 31,633 Treasury stock (17,893) (17,358) Accumulated other comprehensive loss (3,550) (3,818) Total shareholders' equity 15,661 13,978 Total liabilities and shareholders' equity $ 51,308 $ 49,349 * Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. EXHIBIT G CONSOLIDATED STATEMENT OF CASH FLOWS - (UNAUDITED) DOLLARS IN MILLIONS Year Ended December 31 2020 2019 Cash flows from operating activitiescontinuing operations: Net earnings $ 3,167 $ 3,484 Adjustments to reconcile net earnings to net cash from operating activities: Depreciation of property, plant and equipment 523 466 Amortization of intangible and finance lease right-of-use assets 355 363 Equity-based compensation expense 128 133 Deferred income tax (benefit) provision (127) 92 (Increase) decrease in assets, net of effects of business acquisitions: Accounts receivable 371 176 Unbilled receivables (116) (1,303) Inventories 502 (376) Increase (decrease) in liabilities, net of effects of business acquisitions: Accounts payable (215) 6 Customer advances and deposits (707) (105) Other, net (23) 45 Net cash provided by operating activities 3,858 2,981 Cash flows from investing activities: Capital expenditures (967) (987) Other, net (7) (7) Net cash used by investing activities (974) (994) Cash flows from financing activities: Proceeds from fixed-rate notes 3,960 Repayment of fixed-rate notes (2,000) Dividends paid (1,240) (1,152) Purchases of common stock (587) (231) Repayment of floating-rate notes (500) (Repayment of) proceeds from credit facility, net (441) 291 Proceeds from commercial paper, gross (maturities greater than 3 months) 420 Repayment of commercial paper, gross (maturities greater than 3 months) (420) Repayment of commercial paper, net (850) Other, net (95) (55) Net cash used by financing activities (903) (1,997) Net cash used by discontinued operations (59) (51) Net increase (decrease) in cash and equivalents 1,922 (61) Cash and equivalents at beginning of year 902 963 Cash and equivalents at end of year $ 2,824 $ 902 EXHIBIT H ADDITIONAL FINANCIAL INFORMATION - (UNAUDITED) DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS Other Financial Information: December 31, 2020 December 31, 2019* Debt-to-equity (a) 83.0 % 85.3 % Debt-to-capital (b) 45.4 % 46.0 % Book value per share (c) $ 54.67 $ 48.26 Shares outstanding 286,477,836 289,610,336 Fourth Quarter Twelve Months 2020 2019 2020 2019* Income tax payments, net $ 419 $ 85 $ 764 $ 572 Company-sponsored research and development (d) $ 83 $ 114 $ 374 $ 466 Return on sales (e) 9.6 % 9.5 % 8.4 % 8.9 % Return on equity (f) 22.0 % 26.4 % Non-GAAP Financial Measures: Fourth Quarter Twelve Months 2020 2019 2020 2019 Earnings before interest, taxes, depreciation and amortization: Net earnings $ 1,002 $ 1,020 $ 3,167 $ 3,484 Interest, net 120 110 477 460 Provision for income tax, net 183 194 571 718 Depreciation of property, plant and equipment 147 114 523 466 Amortization of intangible and finance lease right-of-use assets 88 90 355 363 Earnings before interest, taxes, depreciation and amortization (g) $ 1,540 $ 1,528 $ 5,093 $ 5,491 Free cash flow from operations: Net cash provided by operating activities $ 2,562 $ 2,394 $ 3,858 $ 2,981 Capital expenditures (345) (381) (967) (987) Free cash flow from operations (h) $ 2,217 $ 2,013 $ 2,891 $ 1,994 Return on invested capital: Net earnings $ 3,167 $ 3,484 After-tax interest expense 386 373 After-tax amortization expense 280 287 Net operating profit after taxes 3,833 4,144 Average invested capital 32,431 29,620 Return on invested capital (i) 11.8 % 14.0 % Notes describing the calculation of the other financial information and a reconciliation of non-GAAP financial measures are on the following page. * Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. EXHIBIT H (Cont.) ADDITIONAL FINANCIAL INFORMATION - (UNAUDITED) DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS (a) Debt-to-equity ratio is calculated as total debt divided by total equity as of year end. (b) Debt-to-capital ratio is calculated as total debt divided by the sum of total debt plus total equity as of year end. (c) Book value per share is calculated as total equity divided by total outstanding shares as of year end. (d) Includes independent research and development and Aerospace product-development costs. (e) Return on sales is calculated as net earnings divided by revenue. (f) Return on equity is calculated by dividing net earnings by our average equity during the year. (g) We believe earnings before interest, taxes, depreciation and amortization (EBITDA) is a useful measure for investors because it provides another measure of our profitability and our ability to service our debt. We calculate EBITDA by adding back interest, taxes, depreciation and amortization to net earnings. The most directly comparable GAAP measure to EBITDA is net earnings. (h) We believe free cash flow from operations is a useful measure for investors because it portrays our ability to generate cash from our businesses for purposes such as repaying maturing debt, funding business acquisitions, repurchasing our common stock and paying dividends. We use free cash flow from operations to assess the quality of our earnings and as a key performance measure in evaluating management. The most directly comparable GAAP measure to free cash flow from operations is net cash provided by operating activities. (i) We believe return on invested capital (ROIC) is a useful measure for investors because it reflects our ability to generate returns from the capital we have deployed in our operations. We use ROIC to evaluate investment decisions and as a performance measure in evaluating management. We define ROIC as net operating profit after taxes divided by average invested capital. Net operating profit after taxes is defined as net earnings plus after-tax interest and amortization expense, calculated using the statutory federal income tax rate. Average invested capital is defined as the sum of the average debt and shareholders' equity excluding accumulated other comprehensive loss. ROIC excludes goodwill impairments and non-economic accounting changes as they are not reflective of company performance. The most directly comparable GAAP measure to net operating profit after taxes is net earnings. EXHIBIT I BACKLOG - (UNAUDITED) DOLLARS IN MILLIONS Funded Unfunded TotalBacklog Estimated Potential ContractValue (a) Total EstimatedContract Value Fourth Quarter 2020: Aerospace $ 11,308 $ 318 $ 11,626 $ 2,800 $ 14,426 Marine Systems 23,646 26,336 49,982 4,876 54,858 Combat Systems 14,341 226 14,567 9,774 24,341 Technologies 9,488 3,826 13,314 27,727 41,041 Total $ 58,783 $ 30,706 $ 89,489 $ 45,177 $ 134,666 Third Quarter 2020: Aerospace $ 11,640 $ 324 $ 11,964 $ 2,888 $ 14,852 Marine Systems 23,958 17,124 41,082 14,666 55,748 Combat Systems 14,511 200 14,711 6,593 21,304 Technologies (b) 10,112 3,651 13,763 26,242 40,005 Total $ 60,221 $ 21,299 $ 81,520 $ 50,389 $ 131,909 Fourth Quarter 2019: Aerospace $ 13,168 $ 181 $ 13,349 $ 2,989 $ 16,338 Marine Systems 20,012 24,175 44,187 5,453 49,640 Combat Systems 14,474 439 14,913 4,322 19,235 Technologies (b) 9,876 4,620 14,496 26,485 40,981 Total $ 57,530 $ 29,415 $ 86,945 $ 39,249 $ 126,194 (a) The estimated potential contract value includes work awarded on unfunded indefinite delivery, indefinite quantity (IDIQ) contracts and unexercised options associated with existing firm contracts, including options and other agreements with existing customers to purchase new aircraft and aircraft services. We recognize options in backlog when the customer exercises the option and establishes a firm order. For IDIQ contracts, we evaluate the amount of funding we expect to receive and include this amount in our estimated potential contract value. The actual amount of funding received in the future may be higher or lower than our estimate of potential contract value. (b) Effective December 31, 2020, we have reorganized our Mission Systems and Information Technology business units into a single reporting unit Technologies to better reflect the way we are running the business, the overlap and commonality of customers, and customer demand for end-to-end solutions melding technology, hardware and software. EXHIBIT I-1 BACKLOG - (UNAUDITED) DOLLARS IN MILLIONS https://mma.prnewswire.com/media/1427217/Exhibit_I_1.jpg EXHIBIT I-2 BACKLOG BY SEGMENT - (UNAUDITED) DOLLARS INMILLIONS https://mma.prnewswire.com/media/1427218/EXHIBIT_I_2_Aerospace.jpg https://mma.prnewswire.com/media/1427219/EXHIBIT_I_2_Marine_Systems.jpghttps://mma.prnewswire.com/media/1427220/EXHIBIT_I_2_Combat_Systems.jpghttps://mma.prnewswire.com/media/1427221/EXHIBIT_I_2_Technologies.jpg https://mma.prnewswire.com/media/1427222/EXHIBIT_I_2_Segment_Key.jpg EXHIBIT J FOURTH QUARTER 2020 SIGNIFICANT ORDERS - (UNAUDITED) DOLLARS IN MILLIONS We received the following significant contract awards during the fourth quarter of 2020:Marine Systems: $9.5 billion from the U.S. Navy for construction of the first two Columbia-class submarines, as well as associated design and engineering support. $375 from the Navy to provide lead yard services for the Virginia-class submarine program. $265 from the Navy to provide maintenance and repair services for the San Antonio-class amphibious transport dock, Whidbey Island-class dock landing ship and Ticonderoga-class guided-missile cruiser programs. $215 from the Navy to provide engineering, technical, design and planning yard support services for operational strategic and attack submarines. $95 from the Navy to provide ongoing planning yard services for the Arleigh Burke-class (DDG-51) guided-missile destroyer program. $60 from the Navy to produce a large vertical array fixture for Navy submarine acoustic detection efforts. Combat Systems: $405 from the U.S. Army to upgrade Abrams tanks to the M1A2 System Enhancement Package Version 3 (SEPv3) configuration. The contract has a maximum potential value of $4.3 billion. $230 from the Army to produce Stryker Initial Maneuver Short-Range Air Defense (IM-SHORAD) vehicles. The contract has a maximum potential value of $1.2 billion. A contract from the Army to provide maintenance, training and support services for the Stryker fleet. The contract has a maximum potential value of $430. $215 from the Canadian government for various munitions and ordnance. $175 from the Army for various munitions and ordnance. $80 for the production of Pandur 6x6 wheeled combat vehicles for the Austrian Federal Ministry of Defence. $55 to produce ASCOD tracked combat vehicles for an international customer. Technologies: The Defense Enterprise Office Solutions (DEOS) contract from the General Services Administration in partnership with the Department of Defense (DoD) and Defense Information Systems Agency (DISA) to stand up cloud environments and support the migration of over 3.2 million existing DoD Office 365 users to the cloud. The contract has a maximum potential value of $4.4 billion. An IDIQ award from the U.S. Department of State to provide overseas consular services to support visa processing and other functions for U.S. embassies and consultants under the Global Support Strategy (GSS) program. The program has a maximum potential contract value of $3.3 billion among three awardees. A contract to provide enterprise information technology, communications and mission command support services to U.S. Army Europe. The contract has a maximum potential value of $695. $620 for several key contracts for classified customers. $110 to develop and deliver a digital engineering environment for the U.S. Air Force. $105 from the National Geospatial-Intelligence Agency (NGA) for network storage and data center services. $90 from the Navy to provide sustainment services for the Navy's next-generation Mobile User Objective System (MUOS) satellite communications system. EXHIBIT K AEROSPACE SUPPLEMENTAL DATA - (UNAUDITED) Fourth Quarter Twelve Months 2020 2019 2020 2019 Gulfstream Aircraft Deliveries (units): Large-cabin aircraft 34 35 105 114 Mid-cabin aircraft 6 9 22 33 Total 40 44 127 147 Aerospace Book-to-Bill: Orders* $ 2,347 $ 4,652 $ 7,091 $ 11,674 Revenue (excluding pre-owned aircraft sales) 2,435 2,774 8,075 9,509 Book-to-Bill Ratio 0.96x 1.68x 0.88x 1.23x * Does not include customer defaults, liquidated damages, cancellations, foreign exchange fluctuations and other backlog adjustments. SOURCE General Dynamics Related Links http://www.generaldynamics.com Answer:
General Dynamics Reports Fourth-Quarter and Full-Year 2020 Financial Results
RESTON, Va., Jan. 27, 2021 /PRNewswire/ --General Dynamics (NYSE: GD) today reported quarterly net earnings of $1 billion, or $3.49 per diluted share, on $10.5 billion in revenue. For the full year, net earnings were $3.2 billion, or $11.00 per diluted share, on revenue of $37.9 billion. On a sequential basis, both net earnings and earnings per share (EPS) were up 20% from the previous quarter. Operating margin was 12.3% in the quarter, up 90 basis points sequentially and up 20 basis points from the year-ago quarter. Backlog grew 9.8% in the quarter to a record-high $89.5 billion. Continue Reading (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) (PRNewsfoto/General Dynamics) "Our continued focus on operating performance and on protecting the health and safety of our employees contributed to strong sequential improvements in earnings, margin and cash flow," said Phebe N. Novakovic, chairman and chief executive officer. "Our defense segments continued to capture significant awards, leading to a record-high backlog, while our aerospace segment not only remained very profitable, but actually improved its margins throughout the year, even as the broader business aviation industry contracted severely due to the pandemic." MarginCompany-wide operating margin was 12.3%, up 90 basis points from the prior quarter. Aerospace margin was 16.5%, up 220 basis points from the prior quarter. CashNet cash provided by operating activities in the quarter totaled $2.6 billion, or 256% of net earnings. For the year, net cash provided by operating activities totaled $3.9 billion, or 122% of net earnings. Free cash flow from operations, defined as net cash provided by operating activities less capital expenditures, was $2.2 billion for the quarter, a 221% conversion of net earnings, and $2.9 billion for the year, a 91% conversion of net earnings. During the quarter, the company reduced its net debt by $1.7 billion, invested $345 million in capital expenditures, paid $315 million in dividends, and repurchased $100.7 million in shares at an average price of $143.80, ending 2020 with $2.8 billion in cash and equivalents on hand. BacklogOrders remained strong across the company with a consolidated book-to-bill of 1.8-to-1 for the quarter and 1.1-to-1 for the year. In addition to backlog of $89.5 billion, management's estimate of additional value in unfunded indefinite delivery/indefinite quantity (IDIQ) contracts and unexercised options was $45.2 billion at year-end. Total estimated contract value, representing the sum of all backlog components was $134.7 billion, up 6.7% for the year. Significant awards in the fourth quarter included a $9.5 billion option exercise from the U.S. Navy for construction and test of the first two Columbia-class submarines; $4.4 billion maximum potential value contract from the U.S. Department of Defense to provide cloud solutions for Office 365 deployment and migration; a $3.3 billion maximum potential value contract from the U.S. State Department to provide business process support services; a $695 million contract from the U.S. Army to provide information technology and professional services; $620 million for several key contracts for classified customers; a $405 million initial task order on a $4.3 billion maximum potential value contract to upgrade Abrams tanks for the Army; a $230 million initial task order on an Army contract with a maximum potential contract value of $1.2 billion to produce Stryker Initial Maneuver Short-Range Air Defense (IM-SHORAD) vehicles; $375 million from the Navy to provide lead yard services for the Virginia-class submarine program; and $265 million from the Navy for maintenance and repair services for three ship classes.About General DynamicsHeadquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated $37.9 billion in revenue in 2020. More information is available at www.gd.com.Certain statements made in this press release, including any statements as to future results of operations and financial projections, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. Additional information regarding these factors is contained in the company's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. All forward-looking statements speak only as of the date they were made. The company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.WEBCAST INFORMATION: General Dynamics will webcast its fourth-quarter and full-year 2020 financial results conference call at 9 a.m. EST on Wednesday, January 27, 2021. The webcast will be a listen-only audio event available at www.gd.com. An on-demand replay of the webcast will be available one hour after the end of the call and end on February 3, 2021. To hear a recording of the conference call by telephone, please call 877-344-7529 (international: 412-317-0088); passcode 10151195. Charts furnished to investors and securities analysts in connection with General Dynamics' announcement of its financial results are available at www.gd.com. General Dynamics intends to supplement those charts on its website after its earnings call today to include information about 2021 guidance presented during the call. EXHIBIT A CONSOLIDATED STATEMENT OF EARNINGS - (UNAUDITED) DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS Three Months Ended December 31 Variance 2020 2019* $ % Revenue $ 10,481 $ 10,773 $ (292) (2.7) % Operating costs and expenses (9,188) (9,465) 277 Operating earnings 1,293 1,308 (15) (1.1) % Other, net 12 16 (4) Interest, net (120) (110) (10) Earnings before income tax 1,185 1,214 (29) (2.4) % Provision for income tax, net (183) (194) 11 Net earnings $ 1,002 $ 1,020 $ (18) (1.8) % Earnings per sharebasic $ 3.50 $ 3.53 $ (0.03) (0.8) % Basic weighted average shares outstanding 286.3 288.8 Earnings per sharediluted $ 3.49 $ 3.51 $ (0.02) (0.6) % Diluted weighted average shares outstanding 287.1 290.9 * Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. EXHIBIT B CONSOLIDATED STATEMENT OF EARNINGS - (UNAUDITED) DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS Year Ended December 31 Variance 2020 2019* $ % Revenue $ 37,925 $ 39,350 $ (1,425) (3.6) % Operating costs and expenses (33,792) (34,780) 988 Operating earnings 4,133 4,570 (437) (9.6) % Other, net 82 92 (10) Interest, net (477) (460) (17) Earnings before income tax 3,738 4,202 (464) (11.0) % Provision for income tax, net (571) (718) 147 Net earnings $ 3,167 $ 3,484 $ (317) (9.1) % Earnings per sharebasic $ 11.04 $ 12.09 $ (1.05) (8.7) % Basic weighted average shares outstanding 286.9 288.3 Earnings per sharediluted $ 11.00 $ 11.98 $ (0.98) (8.2) % Diluted weighted average shares outstanding 287.9 290.8 * Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. EXHIBIT C REVENUE AND OPERATING EARNINGS BY SEGMENT - (UNAUDITED) DOLLARS IN MILLIONS Three Months Ended December 31 Variance 2020 2019 (a) $ % Revenue: Aerospace $ 2,435 $ 2,930 $ (495) (16.9) % Marine Systems 2,857 2,565 292 11.4 % Combat Systems 1,960 1,972 (12) (0.6) % Technologies (b) 3,229 3,306 (77) (2.3) % Total $ 10,481 $ 10,773 $ (292) (2.7) % Operating earnings: Aerospace $ 401 $ 480 $ (79) (16.5) % Marine Systems 247 199 48 24.1 % Combat Systems 309 284 25 8.8 % Technologies (b) 352 360 (8) (2.2) % Corporate (16) (15) (1) (6.7) % Total $ 1,293 $ 1,308 $ (15) (1.1) % Operating margin: Aerospace 16.5 % 16.4 % Marine Systems 8.6 % 7.8 % Combat Systems 15.8 % 14.4 % Technologies (b) 10.9 % 10.9 % Total 12.3 % 12.1 % (a) Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. (b) Effective December 31, 2020, we have reorganized our Mission Systems and Information Technology business units into a single reporting unit Technologies to better reflect the way we are running the business, the overlap and commonality of customers, and customer demand for end-to-end solutions melding technology, hardware and software. EXHIBIT D REVENUE AND OPERATING EARNINGS BY SEGMENT - (UNAUDITED) DOLLARS IN MILLIONS Year Ended December 31 Variance 2020 2019 (a) $ % Revenue: Aerospace $ 8,075 $ 9,801 $ (1,726) (17.6) % Marine Systems 9,979 9,183 796 8.7 % Combat Systems 7,223 7,007 216 3.1 % Technologies (b) 12,648 13,359 (711) (5.3) % Total $ 37,925 $ 39,350 $ (1,425) (3.6) % Operating earnings: Aerospace $ 1,083 $ 1,532 $ (449) (29.3) % Marine Systems 854 785 69 8.8 % Combat Systems 1,041 996 45 4.5 % Technologies (b) 1,211 1,311 (100) (7.6) % Corporate (56) (54) (2) (3.7) % Total $ 4,133 $ 4,570 $ (437) (9.6) % Operating margin: Aerospace 13.4 % 15.6 % Marine Systems 8.6 % 8.5 % Combat Systems 14.4 % 14.2 % Technologies (b) 9.6 % 9.8 % Total 10.9 % 11.6 % (a) Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. (b) Effective December 31, 2020, we have reorganized our Mission Systems and Information Technology business units into a single reporting unit Technologies to better reflect the way we are running the business, the overlap and commonality of customers, and customer demand for end-to-end solutions melding technology, hardware and software. EXHIBIT E REVENUE AND OPERATING EARNINGS BY SEGMENT - (UNAUDITED) DOLLARS IN MILLIONS Three Months Ended Variance December 31, 2020 September 27, 2020 (a) $ % Revenue: Aerospace $ 2,435 $ 1,975 $ 460 23.3 % Marine Systems 2,857 2,405 452 18.8 % Combat Systems 1,960 1,801 159 8.8 % Technologies (b) 3,229 3,250 (21) (0.6) % Total $ 10,481 $ 9,431 $ 1,050 11.1 % Operating earnings: Aerospace $ 401 $ 283 $ 118 41.7 % Marine Systems 247 223 24 10.8 % Combat Systems 309 270 39 14.4 % Technologies (b) 352 314 38 12.1 % Corporate (16) (18) 2 11.1 % Total $ 1,293 $ 1,072 $ 221 20.6 % Operating margin: Aerospace 16.5 % 14.3 % Marine Systems 8.6 % 9.3 % Combat Systems 15.8 % 15.0 % Technologies (b) 10.9 % 9.7 % Total 12.3 % 11.4 % (a) Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. (b) Effective December 31, 2020, we have reorganized our Mission Systems and Information Technology business units into a single reporting unit Technologies to better reflect the way we are running the business, the overlap and commonality of customers, and customer demand for end-to-end solutions melding technology, hardware and software. EXHIBIT F CONSOLIDATED BALANCE SHEET DOLLARS IN MILLIONS (Unaudited) December 31, 2020 December 31, 2019* ASSETS Current assets: Cash and equivalents $ 2,824 $ 902 Accounts receivable 3,161 3,544 Unbilled receivables 8,024 7,857 Inventories 5,745 6,306 Other current assets 1,789 1,679 Total current assets 21,543 20,288 Noncurrent assets: Property, plant and equipment, net 5,100 4,475 Intangible assets, net 2,117 2,315 Goodwill 20,053 19,677 Other assets 2,495 2,594 Total noncurrent assets 29,765 29,061 Total assets $ 51,308 $ 49,349 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term debt and current portion of long-term debt $ 3,003 $ 2,920 Accounts payable 2,952 3,162 Customer advances and deposits 6,276 7,148 Other current liabilities 3,733 3,571 Total current liabilities 15,964 16,801 Noncurrent liabilities: Long-term debt 9,995 9,010 Other liabilities 9,688 9,560 Total noncurrent liabilities 19,683 18,570 Shareholders' equity: Common stock 482 482 Surplus 3,124 3,039 Retained earnings 33,498 31,633 Treasury stock (17,893) (17,358) Accumulated other comprehensive loss (3,550) (3,818) Total shareholders' equity 15,661 13,978 Total liabilities and shareholders' equity $ 51,308 $ 49,349 * Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. EXHIBIT G CONSOLIDATED STATEMENT OF CASH FLOWS - (UNAUDITED) DOLLARS IN MILLIONS Year Ended December 31 2020 2019 Cash flows from operating activitiescontinuing operations: Net earnings $ 3,167 $ 3,484 Adjustments to reconcile net earnings to net cash from operating activities: Depreciation of property, plant and equipment 523 466 Amortization of intangible and finance lease right-of-use assets 355 363 Equity-based compensation expense 128 133 Deferred income tax (benefit) provision (127) 92 (Increase) decrease in assets, net of effects of business acquisitions: Accounts receivable 371 176 Unbilled receivables (116) (1,303) Inventories 502 (376) Increase (decrease) in liabilities, net of effects of business acquisitions: Accounts payable (215) 6 Customer advances and deposits (707) (105) Other, net (23) 45 Net cash provided by operating activities 3,858 2,981 Cash flows from investing activities: Capital expenditures (967) (987) Other, net (7) (7) Net cash used by investing activities (974) (994) Cash flows from financing activities: Proceeds from fixed-rate notes 3,960 Repayment of fixed-rate notes (2,000) Dividends paid (1,240) (1,152) Purchases of common stock (587) (231) Repayment of floating-rate notes (500) (Repayment of) proceeds from credit facility, net (441) 291 Proceeds from commercial paper, gross (maturities greater than 3 months) 420 Repayment of commercial paper, gross (maturities greater than 3 months) (420) Repayment of commercial paper, net (850) Other, net (95) (55) Net cash used by financing activities (903) (1,997) Net cash used by discontinued operations (59) (51) Net increase (decrease) in cash and equivalents 1,922 (61) Cash and equivalents at beginning of year 902 963 Cash and equivalents at end of year $ 2,824 $ 902 EXHIBIT H ADDITIONAL FINANCIAL INFORMATION - (UNAUDITED) DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS Other Financial Information: December 31, 2020 December 31, 2019* Debt-to-equity (a) 83.0 % 85.3 % Debt-to-capital (b) 45.4 % 46.0 % Book value per share (c) $ 54.67 $ 48.26 Shares outstanding 286,477,836 289,610,336 Fourth Quarter Twelve Months 2020 2019 2020 2019* Income tax payments, net $ 419 $ 85 $ 764 $ 572 Company-sponsored research and development (d) $ 83 $ 114 $ 374 $ 466 Return on sales (e) 9.6 % 9.5 % 8.4 % 8.9 % Return on equity (f) 22.0 % 26.4 % Non-GAAP Financial Measures: Fourth Quarter Twelve Months 2020 2019 2020 2019 Earnings before interest, taxes, depreciation and amortization: Net earnings $ 1,002 $ 1,020 $ 3,167 $ 3,484 Interest, net 120 110 477 460 Provision for income tax, net 183 194 571 718 Depreciation of property, plant and equipment 147 114 523 466 Amortization of intangible and finance lease right-of-use assets 88 90 355 363 Earnings before interest, taxes, depreciation and amortization (g) $ 1,540 $ 1,528 $ 5,093 $ 5,491 Free cash flow from operations: Net cash provided by operating activities $ 2,562 $ 2,394 $ 3,858 $ 2,981 Capital expenditures (345) (381) (967) (987) Free cash flow from operations (h) $ 2,217 $ 2,013 $ 2,891 $ 1,994 Return on invested capital: Net earnings $ 3,167 $ 3,484 After-tax interest expense 386 373 After-tax amortization expense 280 287 Net operating profit after taxes 3,833 4,144 Average invested capital 32,431 29,620 Return on invested capital (i) 11.8 % 14.0 % Notes describing the calculation of the other financial information and a reconciliation of non-GAAP financial measures are on the following page. * Prior-period information has been restated for the retrospective application of a change in accounting principle related to the amortization of actuarial gains and losses for our qualified U.S. government pension plans, which we adopted in the fourth quarter of 2020. EXHIBIT H (Cont.) ADDITIONAL FINANCIAL INFORMATION - (UNAUDITED) DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS (a) Debt-to-equity ratio is calculated as total debt divided by total equity as of year end. (b) Debt-to-capital ratio is calculated as total debt divided by the sum of total debt plus total equity as of year end. (c) Book value per share is calculated as total equity divided by total outstanding shares as of year end. (d) Includes independent research and development and Aerospace product-development costs. (e) Return on sales is calculated as net earnings divided by revenue. (f) Return on equity is calculated by dividing net earnings by our average equity during the year. (g) We believe earnings before interest, taxes, depreciation and amortization (EBITDA) is a useful measure for investors because it provides another measure of our profitability and our ability to service our debt. We calculate EBITDA by adding back interest, taxes, depreciation and amortization to net earnings. The most directly comparable GAAP measure to EBITDA is net earnings. (h) We believe free cash flow from operations is a useful measure for investors because it portrays our ability to generate cash from our businesses for purposes such as repaying maturing debt, funding business acquisitions, repurchasing our common stock and paying dividends. We use free cash flow from operations to assess the quality of our earnings and as a key performance measure in evaluating management. The most directly comparable GAAP measure to free cash flow from operations is net cash provided by operating activities. (i) We believe return on invested capital (ROIC) is a useful measure for investors because it reflects our ability to generate returns from the capital we have deployed in our operations. We use ROIC to evaluate investment decisions and as a performance measure in evaluating management. We define ROIC as net operating profit after taxes divided by average invested capital. Net operating profit after taxes is defined as net earnings plus after-tax interest and amortization expense, calculated using the statutory federal income tax rate. Average invested capital is defined as the sum of the average debt and shareholders' equity excluding accumulated other comprehensive loss. ROIC excludes goodwill impairments and non-economic accounting changes as they are not reflective of company performance. The most directly comparable GAAP measure to net operating profit after taxes is net earnings. EXHIBIT I BACKLOG - (UNAUDITED) DOLLARS IN MILLIONS Funded Unfunded TotalBacklog Estimated Potential ContractValue (a) Total EstimatedContract Value Fourth Quarter 2020: Aerospace $ 11,308 $ 318 $ 11,626 $ 2,800 $ 14,426 Marine Systems 23,646 26,336 49,982 4,876 54,858 Combat Systems 14,341 226 14,567 9,774 24,341 Technologies 9,488 3,826 13,314 27,727 41,041 Total $ 58,783 $ 30,706 $ 89,489 $ 45,177 $ 134,666 Third Quarter 2020: Aerospace $ 11,640 $ 324 $ 11,964 $ 2,888 $ 14,852 Marine Systems 23,958 17,124 41,082 14,666 55,748 Combat Systems 14,511 200 14,711 6,593 21,304 Technologies (b) 10,112 3,651 13,763 26,242 40,005 Total $ 60,221 $ 21,299 $ 81,520 $ 50,389 $ 131,909 Fourth Quarter 2019: Aerospace $ 13,168 $ 181 $ 13,349 $ 2,989 $ 16,338 Marine Systems 20,012 24,175 44,187 5,453 49,640 Combat Systems 14,474 439 14,913 4,322 19,235 Technologies (b) 9,876 4,620 14,496 26,485 40,981 Total $ 57,530 $ 29,415 $ 86,945 $ 39,249 $ 126,194 (a) The estimated potential contract value includes work awarded on unfunded indefinite delivery, indefinite quantity (IDIQ) contracts and unexercised options associated with existing firm contracts, including options and other agreements with existing customers to purchase new aircraft and aircraft services. We recognize options in backlog when the customer exercises the option and establishes a firm order. For IDIQ contracts, we evaluate the amount of funding we expect to receive and include this amount in our estimated potential contract value. The actual amount of funding received in the future may be higher or lower than our estimate of potential contract value. (b) Effective December 31, 2020, we have reorganized our Mission Systems and Information Technology business units into a single reporting unit Technologies to better reflect the way we are running the business, the overlap and commonality of customers, and customer demand for end-to-end solutions melding technology, hardware and software. EXHIBIT I-1 BACKLOG - (UNAUDITED) DOLLARS IN MILLIONS https://mma.prnewswire.com/media/1427217/Exhibit_I_1.jpg EXHIBIT I-2 BACKLOG BY SEGMENT - (UNAUDITED) DOLLARS INMILLIONS https://mma.prnewswire.com/media/1427218/EXHIBIT_I_2_Aerospace.jpg https://mma.prnewswire.com/media/1427219/EXHIBIT_I_2_Marine_Systems.jpghttps://mma.prnewswire.com/media/1427220/EXHIBIT_I_2_Combat_Systems.jpghttps://mma.prnewswire.com/media/1427221/EXHIBIT_I_2_Technologies.jpg https://mma.prnewswire.com/media/1427222/EXHIBIT_I_2_Segment_Key.jpg EXHIBIT J FOURTH QUARTER 2020 SIGNIFICANT ORDERS - (UNAUDITED) DOLLARS IN MILLIONS We received the following significant contract awards during the fourth quarter of 2020:Marine Systems: $9.5 billion from the U.S. Navy for construction of the first two Columbia-class submarines, as well as associated design and engineering support. $375 from the Navy to provide lead yard services for the Virginia-class submarine program. $265 from the Navy to provide maintenance and repair services for the San Antonio-class amphibious transport dock, Whidbey Island-class dock landing ship and Ticonderoga-class guided-missile cruiser programs. $215 from the Navy to provide engineering, technical, design and planning yard support services for operational strategic and attack submarines. $95 from the Navy to provide ongoing planning yard services for the Arleigh Burke-class (DDG-51) guided-missile destroyer program. $60 from the Navy to produce a large vertical array fixture for Navy submarine acoustic detection efforts. Combat Systems: $405 from the U.S. Army to upgrade Abrams tanks to the M1A2 System Enhancement Package Version 3 (SEPv3) configuration. The contract has a maximum potential value of $4.3 billion. $230 from the Army to produce Stryker Initial Maneuver Short-Range Air Defense (IM-SHORAD) vehicles. The contract has a maximum potential value of $1.2 billion. A contract from the Army to provide maintenance, training and support services for the Stryker fleet. The contract has a maximum potential value of $430. $215 from the Canadian government for various munitions and ordnance. $175 from the Army for various munitions and ordnance. $80 for the production of Pandur 6x6 wheeled combat vehicles for the Austrian Federal Ministry of Defence. $55 to produce ASCOD tracked combat vehicles for an international customer. Technologies: The Defense Enterprise Office Solutions (DEOS) contract from the General Services Administration in partnership with the Department of Defense (DoD) and Defense Information Systems Agency (DISA) to stand up cloud environments and support the migration of over 3.2 million existing DoD Office 365 users to the cloud. The contract has a maximum potential value of $4.4 billion. An IDIQ award from the U.S. Department of State to provide overseas consular services to support visa processing and other functions for U.S. embassies and consultants under the Global Support Strategy (GSS) program. The program has a maximum potential contract value of $3.3 billion among three awardees. A contract to provide enterprise information technology, communications and mission command support services to U.S. Army Europe. The contract has a maximum potential value of $695. $620 for several key contracts for classified customers. $110 to develop and deliver a digital engineering environment for the U.S. Air Force. $105 from the National Geospatial-Intelligence Agency (NGA) for network storage and data center services. $90 from the Navy to provide sustainment services for the Navy's next-generation Mobile User Objective System (MUOS) satellite communications system. EXHIBIT K AEROSPACE SUPPLEMENTAL DATA - (UNAUDITED) Fourth Quarter Twelve Months 2020 2019 2020 2019 Gulfstream Aircraft Deliveries (units): Large-cabin aircraft 34 35 105 114 Mid-cabin aircraft 6 9 22 33 Total 40 44 127 147 Aerospace Book-to-Bill: Orders* $ 2,347 $ 4,652 $ 7,091 $ 11,674 Revenue (excluding pre-owned aircraft sales) 2,435 2,774 8,075 9,509 Book-to-Bill Ratio 0.96x 1.68x 0.88x 1.23x * Does not include customer defaults, liquidated damages, cancellations, foreign exchange fluctuations and other backlog adjustments. SOURCE General Dynamics Related Links http://www.generaldynamics.com
edtsum163
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, April 9, 2020 /PRNewswire/ -- Yext, Inc. (NYSE: YEXT), the Search Experience Cloud company, today announced its collaboration with the United States Department of State on an official COVID-19 travel alert and advisory information hub, covid19.state.gov. For all the latest information from the White House Coronavirus (COVID-19) Task Force, Americans should continue to visit www.coronavirus.gov. For the latest public health and safety information from CDC, please visit www.cdc.gov/coronavirus. When people visit this special information hub, they can enter COVID-19 search queries into the Yext Answers Bar and receive a contextual, verified answer from sources including travel.state.gov, the Smart Traveler Enrollment Program (STEP), the Department's global network of Embassy and Consulate websites, the official United States coronavirus website, the Centers for Disease Control and Prevention (CDC), and other key resources. Country, embassy, and consulate facts are built-in to answer queries about repatriation for U.S. citizens abroad who are unable to travel back to the United States. "The COVID-19 pandemic has brought about a lot of uncertainty. But one thing is clear: people around the globe need answers about the virus to keep themselves and their families safe," said Howard Lerman, Founder and CEO of Yext. "The technology that powers Yext Answers enables our public institutions to provide accurate, up-to-date information about the coronavirus whenever people seek it out. It's a tremendous privilege to work with the State Department on a solution that can help save lives." "New updates related to the COVID-19 pandemic are emerging every day, state-by-state and country-by-country," said Brian Distelburger, Co-Founder and President of Yext. "Now every single American, here in the U.S or abroad, has access to critical repatriation information, travel advisories, and more in one place, through this State Department information hub." Over the past several weeks, Yext has demonstrated its commitment to helping government organizations answer questions during the COVID-19 pandemic by building custom information hubs for the State of New Jersey (covid19.nj.gov) and the State of Alabama (covid19.alabama.gov). Government entities and eligible businesses can leverage Yext Answers, the site search product powering these COVID-19 websites, for free for 90 days to help provide critical answers during this time. The free trial includes Yext's COVID-19 Knowledge Graph plug-in, which adds Frequently Asked Questions about the coronavirus sourced directly from the CDC to a website's search experience. Click here to learn more about the Yext Answers trial. About Yext The customer journey starts with a question, and every day consumers search for answers about brands. However, they are increasingly served false or misleading information from sources other than the brand. Yext (NYSE: YEXT), the Search Experience Cloud company, exists to help brands regain and maintain a direct relationship with their customers. With a mission to provide perfect answers everywhere, Yext puts businesses in control of their facts online by delivering brand verified answers straight from the source wherever their customers are searching. Companies like Taco Bell, Marriott, Jaguar-Land Rover, and businesses around the world use Yext to take back control of the customer journey, starting on their own website. Yext has been named a Best Place to Work by Fortune and Great Place to Work, as well as a Best Workplace for Women. Yext is headquartered in New York City with offices in Amsterdam, Berlin, Chicago, Dallas, Geneva, London, Miami, Milan, Paris, San Francisco, Shanghai, Tokyo, and the Washington, D.C. area. SOURCE Yext, Inc. Related Links http://www.yext.com Answer:
U.S. Department of State Partners with Yext to Develop COVID-19 Information Hub The site uses Yext Answers to ensure millions of Americans get the answers they need about the coronavirus from trusted sources.
NEW YORK, April 9, 2020 /PRNewswire/ -- Yext, Inc. (NYSE: YEXT), the Search Experience Cloud company, today announced its collaboration with the United States Department of State on an official COVID-19 travel alert and advisory information hub, covid19.state.gov. For all the latest information from the White House Coronavirus (COVID-19) Task Force, Americans should continue to visit www.coronavirus.gov. For the latest public health and safety information from CDC, please visit www.cdc.gov/coronavirus. When people visit this special information hub, they can enter COVID-19 search queries into the Yext Answers Bar and receive a contextual, verified answer from sources including travel.state.gov, the Smart Traveler Enrollment Program (STEP), the Department's global network of Embassy and Consulate websites, the official United States coronavirus website, the Centers for Disease Control and Prevention (CDC), and other key resources. Country, embassy, and consulate facts are built-in to answer queries about repatriation for U.S. citizens abroad who are unable to travel back to the United States. "The COVID-19 pandemic has brought about a lot of uncertainty. But one thing is clear: people around the globe need answers about the virus to keep themselves and their families safe," said Howard Lerman, Founder and CEO of Yext. "The technology that powers Yext Answers enables our public institutions to provide accurate, up-to-date information about the coronavirus whenever people seek it out. It's a tremendous privilege to work with the State Department on a solution that can help save lives." "New updates related to the COVID-19 pandemic are emerging every day, state-by-state and country-by-country," said Brian Distelburger, Co-Founder and President of Yext. "Now every single American, here in the U.S or abroad, has access to critical repatriation information, travel advisories, and more in one place, through this State Department information hub." Over the past several weeks, Yext has demonstrated its commitment to helping government organizations answer questions during the COVID-19 pandemic by building custom information hubs for the State of New Jersey (covid19.nj.gov) and the State of Alabama (covid19.alabama.gov). Government entities and eligible businesses can leverage Yext Answers, the site search product powering these COVID-19 websites, for free for 90 days to help provide critical answers during this time. The free trial includes Yext's COVID-19 Knowledge Graph plug-in, which adds Frequently Asked Questions about the coronavirus sourced directly from the CDC to a website's search experience. Click here to learn more about the Yext Answers trial. About Yext The customer journey starts with a question, and every day consumers search for answers about brands. However, they are increasingly served false or misleading information from sources other than the brand. Yext (NYSE: YEXT), the Search Experience Cloud company, exists to help brands regain and maintain a direct relationship with their customers. With a mission to provide perfect answers everywhere, Yext puts businesses in control of their facts online by delivering brand verified answers straight from the source wherever their customers are searching. Companies like Taco Bell, Marriott, Jaguar-Land Rover, and businesses around the world use Yext to take back control of the customer journey, starting on their own website. Yext has been named a Best Place to Work by Fortune and Great Place to Work, as well as a Best Workplace for Women. Yext is headquartered in New York City with offices in Amsterdam, Berlin, Chicago, Dallas, Geneva, London, Miami, Milan, Paris, San Francisco, Shanghai, Tokyo, and the Washington, D.C. area. SOURCE Yext, Inc. Related Links http://www.yext.com
edtsum164
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN--(BUSINESS WIRE)--The "India Electric Rickshaw Market Research Report: By Vehicle, Motor Power, Battery Capacity, Sales Channel, State - Competitive Analysis and Growth Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. Indian electric rickshaw market at a 33.3% CAGR between 2020 and 2025. At this rate, the market size will likely rise to $1,394.2 million by 2025 from $786.2 million in 2019. Most of the people living in Indian cities are still not wealthy, which is why the need for cost-effective public transportation, especially for short distances, has always been high. Rides on electric rickshaws in the country, which are typically 1 km long, cost around INR 10 per head, which is way cheaper than sharing a two-wheeler or car or taking an autorickshaw. Moreover, if four people share an e-rickshaw for 5 km, the per person cost comes out to be INR 15, and the driver earns INR 120. Hence, another reason for the growth of the Indian electric rickshaw market is the favorable operational cost dynamics these vehicles offer to their owners. Due to the COVID-19 pandemic, the Indian electric rickshaw market has been badly affected, as the lockdowns and curfew-like situations in infection hotspots have reduced the demand for public transportation substantially. Moreover, even after the pandemic ends, many people are not expected to opt for shared mobility, to reduce the chances of catching the virus as much as possible. This would, in turn, discourage mobility service providers from purchasing new e-rickshaws. India Electric Rickshaw Market Segmentation Analysis The passenger carrier bifurcation is expected to hold the larger share in the Indian electric rickshaw market in the years to come, on the basis of vehicle. Due to the increasing urban population driving the demand for cost-effective first- and last-mile transportation, the number of passenger carrier e-rickshaws is burgeoning on the country's roads. In the near future, the >1,500 Watts category under the motor power segment of the Indian electric rickshaw market will experience the higher value CAGR, of 36.7%. With the increasing prominence of organized automakers who are offering better-quality products with more-powerful motors, their sales will rise fast. The Indian electric rickshaw market was dominated in the past by the < 101 Ampere-hour (Ah) bifurcation, based on battery capacity. Currently, most of the operators prefer low-cost e-rickshaws, which are easily available with unorganized automakers, who account for the majority of the sales. In the years to come, the organized bifurcation, under segmentation by sales channel, is expected to become the higher Indian electric rickshaw market revenue generator. With state governments passing laws to allow the operation of such vehicles and the rollout of the Goods and Services Tax (GST) coming as a severe blow for unorganized players, organized electric rickshaw manufacturers are witnessing a rapid rise in their sales. Key Topics Covered: Chapter 1. Research Background Chapter 2. Research Methodology Chapter 3. Executive Summary 3.1 Voice of Industry Experts/KOLs Chapter 4. Introduction 4.1 Definition of Market Segments 4.1.1 By Vehicle 4.1.1.1 Passenger carrier 4.1.1.2 Load carrier 4.1.2 By Motor Power 4.1.2.1 < 1,000 W 4.1.2.2 1,000-1,500 W 4.1.2.3 >1,500 W 4.1.3 By Battery Capacity 4.1.3.1 < 101 Ah 4.1.3.2 >101 Ah 4.1.4 By Sales Channel 4.1.4.1 Organized 4.1.4.2 Unorganized 4.2 Value Chain Analysis 4.3 Market Dynamics 4.3.1 Trends 4.3.1.1 Increase in investment by manufacturers 4.3.1.2 Entry of established automotive players in the electric rickshaw market 4.3.1.3 Growing demand for solar operated electric rickshaw 4.3.2 Drivers 4.3.2.1 Government incentives and environmental policies 4.3.2.2 Increased number of partnerships with government authorities and public bodies 4.3.2.3 Declining battery prices 4.3.2.4 Low-priced convenient solution for commuting 4.3.2.5 Impact analysis of drivers on market forecast 4.3.3 Restraints 4.3.3.1 Inadequate charging infrastructure 4.3.3.2 Lack of financial institution support 4.3.3.3 Lack of clarity on operational guidelines for electric rickshaws 4.3.3.4 Impact analysis of restraints on market forecast 4.3.4 Opportunities 4.3.4.1 Growing need for public transportation for first- and last-mile connectivity 4.3.4.2 Growing demand for Li-ion battery based electric rickshaws 4.4 Porter's Five Forces Analysis Chapter 5. COVID-19 Impact on Electric Rickshaw Market 5.1 Impact of COVID-19 on Electric Rickshaw Market 5.2 Impact of COVID-19 on Last Mile Connectivity 5.3 Impact of COVID-19 on Shared Mobility Chapter 6. Electric Rickshaw Incentives, Regulations, and Policies in India 6.1 Major Electric Vehicle Programs in India 6.2 NEMMP 2020 6.2.1 FAME II India Scheme Overview 6.2.2 FAME I India Scheme Overview & Impact 6.3 Localization of Electric Vehicle Component 6.4 Import Scenario of Electric Vehicle Component in India 6.4.1 Tax Structure for Import of Electric Vehicle Component in India 6.5 State Level Electric Vehicles Policies in India Chapter 7. India Market Size and Forecast 7.1 By Vehicle 7.2 By Motor Power 7.3 By Battery Capacity 7.4 By Sales Channel 7.5 By State Chapter 8. City-Wise Electric Rickshaw in Operation Chapter 9. Competitive Landscape 9.1 Major Electric Rickshaw Manufacturers in India 9.2 Market Share Analysis of Key Players 9.3 State Wise Top Manufacturers 9.4 Cost Break Up of Electric Rickshaw Components 9.5 Competitive Benchmarking of Key Players Chapter 10. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/5d39n3 Answer:
India Electric Rickshaw Market Report 2021: Competitive Analysis and Growth Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "India Electric Rickshaw Market Research Report: By Vehicle, Motor Power, Battery Capacity, Sales Channel, State - Competitive Analysis and Growth Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. Indian electric rickshaw market at a 33.3% CAGR between 2020 and 2025. At this rate, the market size will likely rise to $1,394.2 million by 2025 from $786.2 million in 2019. Most of the people living in Indian cities are still not wealthy, which is why the need for cost-effective public transportation, especially for short distances, has always been high. Rides on electric rickshaws in the country, which are typically 1 km long, cost around INR 10 per head, which is way cheaper than sharing a two-wheeler or car or taking an autorickshaw. Moreover, if four people share an e-rickshaw for 5 km, the per person cost comes out to be INR 15, and the driver earns INR 120. Hence, another reason for the growth of the Indian electric rickshaw market is the favorable operational cost dynamics these vehicles offer to their owners. Due to the COVID-19 pandemic, the Indian electric rickshaw market has been badly affected, as the lockdowns and curfew-like situations in infection hotspots have reduced the demand for public transportation substantially. Moreover, even after the pandemic ends, many people are not expected to opt for shared mobility, to reduce the chances of catching the virus as much as possible. This would, in turn, discourage mobility service providers from purchasing new e-rickshaws. India Electric Rickshaw Market Segmentation Analysis The passenger carrier bifurcation is expected to hold the larger share in the Indian electric rickshaw market in the years to come, on the basis of vehicle. Due to the increasing urban population driving the demand for cost-effective first- and last-mile transportation, the number of passenger carrier e-rickshaws is burgeoning on the country's roads. In the near future, the >1,500 Watts category under the motor power segment of the Indian electric rickshaw market will experience the higher value CAGR, of 36.7%. With the increasing prominence of organized automakers who are offering better-quality products with more-powerful motors, their sales will rise fast. The Indian electric rickshaw market was dominated in the past by the < 101 Ampere-hour (Ah) bifurcation, based on battery capacity. Currently, most of the operators prefer low-cost e-rickshaws, which are easily available with unorganized automakers, who account for the majority of the sales. In the years to come, the organized bifurcation, under segmentation by sales channel, is expected to become the higher Indian electric rickshaw market revenue generator. With state governments passing laws to allow the operation of such vehicles and the rollout of the Goods and Services Tax (GST) coming as a severe blow for unorganized players, organized electric rickshaw manufacturers are witnessing a rapid rise in their sales. Key Topics Covered: Chapter 1. Research Background Chapter 2. Research Methodology Chapter 3. Executive Summary 3.1 Voice of Industry Experts/KOLs Chapter 4. Introduction 4.1 Definition of Market Segments 4.1.1 By Vehicle 4.1.1.1 Passenger carrier 4.1.1.2 Load carrier 4.1.2 By Motor Power 4.1.2.1 < 1,000 W 4.1.2.2 1,000-1,500 W 4.1.2.3 >1,500 W 4.1.3 By Battery Capacity 4.1.3.1 < 101 Ah 4.1.3.2 >101 Ah 4.1.4 By Sales Channel 4.1.4.1 Organized 4.1.4.2 Unorganized 4.2 Value Chain Analysis 4.3 Market Dynamics 4.3.1 Trends 4.3.1.1 Increase in investment by manufacturers 4.3.1.2 Entry of established automotive players in the electric rickshaw market 4.3.1.3 Growing demand for solar operated electric rickshaw 4.3.2 Drivers 4.3.2.1 Government incentives and environmental policies 4.3.2.2 Increased number of partnerships with government authorities and public bodies 4.3.2.3 Declining battery prices 4.3.2.4 Low-priced convenient solution for commuting 4.3.2.5 Impact analysis of drivers on market forecast 4.3.3 Restraints 4.3.3.1 Inadequate charging infrastructure 4.3.3.2 Lack of financial institution support 4.3.3.3 Lack of clarity on operational guidelines for electric rickshaws 4.3.3.4 Impact analysis of restraints on market forecast 4.3.4 Opportunities 4.3.4.1 Growing need for public transportation for first- and last-mile connectivity 4.3.4.2 Growing demand for Li-ion battery based electric rickshaws 4.4 Porter's Five Forces Analysis Chapter 5. COVID-19 Impact on Electric Rickshaw Market 5.1 Impact of COVID-19 on Electric Rickshaw Market 5.2 Impact of COVID-19 on Last Mile Connectivity 5.3 Impact of COVID-19 on Shared Mobility Chapter 6. Electric Rickshaw Incentives, Regulations, and Policies in India 6.1 Major Electric Vehicle Programs in India 6.2 NEMMP 2020 6.2.1 FAME II India Scheme Overview 6.2.2 FAME I India Scheme Overview & Impact 6.3 Localization of Electric Vehicle Component 6.4 Import Scenario of Electric Vehicle Component in India 6.4.1 Tax Structure for Import of Electric Vehicle Component in India 6.5 State Level Electric Vehicles Policies in India Chapter 7. India Market Size and Forecast 7.1 By Vehicle 7.2 By Motor Power 7.3 By Battery Capacity 7.4 By Sales Channel 7.5 By State Chapter 8. City-Wise Electric Rickshaw in Operation Chapter 9. Competitive Landscape 9.1 Major Electric Rickshaw Manufacturers in India 9.2 Market Share Analysis of Key Players 9.3 State Wise Top Manufacturers 9.4 Cost Break Up of Electric Rickshaw Components 9.5 Competitive Benchmarking of Key Players Chapter 10. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/5d39n3
edtsum165
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: HOUSTON, Dec. 7, 2020 /PRNewswire/ --According to the latest economic analysis from the BBVA Research team,November's unemployment figures suggest that the labor market is losing momentum as the pandemic worsens and fiscal support wanes. Additionally, the ongoing increase in permanent unemployment reveals the damaging long-term effects of the pandemic. Both situations highlight the need for Congress to take action and adds pressure on the Fed to take more decisive action. Nonfarm payrolls rose by 245,000 in November, down from 610,000 in October and significantly lower than market expectations, according to the Bureau of Labor Statistics. To date, the economy has recovered 56 percent of jobs lost since the start of the pandemic, while the number of unemployed remains nearly twice the pre-pandemic levels. The analysis, co-authored by BBVA Chief Economist Nathaniel Karp and Principal Economist Marcial Nava, notes the sharp slowdown in nonfarm payrolls is a response to three key factors: a decline in government employment resulting from fewer temporary census workers, a decline in retail trade jobs, and an overall weakness in the sectors that had been supporting the recovery including professional business services, leisure and hospitality. Education and health services, manufacturing and construction continue to gain jobs at a decent pace, while transportation and warehousing posted its largest monthly gain since September 1997, supported by significant job growth in couriers and messengers. This last category reflects the massive shift to online consumption during the pandemic, according to the economists' analysis. BBVA USA's research team analyzes the U.S. economy and Federal Reserve monetary policy. For its analyses, the economists create models and forecasts for growth, inflation, monetary policy and industries. The Economic Research team also follows a variety of issues that affect the Sunbelt states where BBVA USA operates. Follow their work on Twitter @BBVAResearch and @BBVANews_USA. Read the full report here. See the complete library of BBVA Research publications here. For more BBVA news visit, www.bbva.comand the U.S. Newsroom. Additional news updates can be found via Twitterand Instagram. For more financial information about BBVA in the U.S., visit bbvausa.investorroom.com. About BBVA BBVA GroupBBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society. BBVA USAIn the U.S., BBVA is a Sunbelt-based financial institution that operates 641 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 8th nationally in terms of dollar volume of SBA loans originated in fiscal year 2018. SOURCE BBVA USA Related Links www.bbva.com Answer:
BBVA Research publishes economic analysis: Labor market loses momentum, confirming need for additional stimulus
HOUSTON, Dec. 7, 2020 /PRNewswire/ --According to the latest economic analysis from the BBVA Research team,November's unemployment figures suggest that the labor market is losing momentum as the pandemic worsens and fiscal support wanes. Additionally, the ongoing increase in permanent unemployment reveals the damaging long-term effects of the pandemic. Both situations highlight the need for Congress to take action and adds pressure on the Fed to take more decisive action. Nonfarm payrolls rose by 245,000 in November, down from 610,000 in October and significantly lower than market expectations, according to the Bureau of Labor Statistics. To date, the economy has recovered 56 percent of jobs lost since the start of the pandemic, while the number of unemployed remains nearly twice the pre-pandemic levels. The analysis, co-authored by BBVA Chief Economist Nathaniel Karp and Principal Economist Marcial Nava, notes the sharp slowdown in nonfarm payrolls is a response to three key factors: a decline in government employment resulting from fewer temporary census workers, a decline in retail trade jobs, and an overall weakness in the sectors that had been supporting the recovery including professional business services, leisure and hospitality. Education and health services, manufacturing and construction continue to gain jobs at a decent pace, while transportation and warehousing posted its largest monthly gain since September 1997, supported by significant job growth in couriers and messengers. This last category reflects the massive shift to online consumption during the pandemic, according to the economists' analysis. BBVA USA's research team analyzes the U.S. economy and Federal Reserve monetary policy. For its analyses, the economists create models and forecasts for growth, inflation, monetary policy and industries. The Economic Research team also follows a variety of issues that affect the Sunbelt states where BBVA USA operates. Follow their work on Twitter @BBVAResearch and @BBVANews_USA. Read the full report here. See the complete library of BBVA Research publications here. For more BBVA news visit, www.bbva.comand the U.S. Newsroom. Additional news updates can be found via Twitterand Instagram. For more financial information about BBVA in the U.S., visit bbvausa.investorroom.com. About BBVA BBVA GroupBBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society. BBVA USAIn the U.S., BBVA is a Sunbelt-based financial institution that operates 641 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 8th nationally in terms of dollar volume of SBA loans originated in fiscal year 2018. SOURCE BBVA USA Related Links www.bbva.com
edtsum166
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LATHAM, N.Y.--(BUSINESS WIRE)--AngioDynamics, Inc. (NASDAQ: ANGO), a leading provider of innovative, minimally invasive medical devices for vascular access, peripheral vascular disease, and oncology, today announced that Jim Clemmer, President and Chief Executive Officer, and Stephen Trowbridge, Executive Vice President and Chief Financial Officer, will participate in a virtual fireside chat at the KeyBanc Life Sciences & MedTech Investor Forum at 10:00 a.m. ET on Wednesday, March 24, 2021. A live webcast of the fireside chat will be accessible through the Investors section of the Companys website at www.angiodynamics.com and will be available for replay following the event. About AngioDynamics, Inc. AngioDynamics, Inc. is a leading provider of innovative, minimally invasive medical devices used by professional healthcare providers for vascular access, peripheral vascular disease, and oncology. AngioDynamics diverse product lines include market-leading ablation systems, vascular access products, angiographic products and accessories, drainage products, thrombolytic products, and venous products. For more information, visit www.angiodynamics.com. Answer:
AngioDynamics to Participate in a Virtual Fireside Chat at the KeyBanc Life Sciences & MedTech Investor Forum
LATHAM, N.Y.--(BUSINESS WIRE)--AngioDynamics, Inc. (NASDAQ: ANGO), a leading provider of innovative, minimally invasive medical devices for vascular access, peripheral vascular disease, and oncology, today announced that Jim Clemmer, President and Chief Executive Officer, and Stephen Trowbridge, Executive Vice President and Chief Financial Officer, will participate in a virtual fireside chat at the KeyBanc Life Sciences & MedTech Investor Forum at 10:00 a.m. ET on Wednesday, March 24, 2021. A live webcast of the fireside chat will be accessible through the Investors section of the Companys website at www.angiodynamics.com and will be available for replay following the event. About AngioDynamics, Inc. AngioDynamics, Inc. is a leading provider of innovative, minimally invasive medical devices used by professional healthcare providers for vascular access, peripheral vascular disease, and oncology. AngioDynamics diverse product lines include market-leading ablation systems, vascular access products, angiographic products and accessories, drainage products, thrombolytic products, and venous products. For more information, visit www.angiodynamics.com.
edtsum167
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: BELMONT, Calif.--(BUSINESS WIRE)--RingCentral (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, video meetings, and contact center solutions, today announced that CRN, a brand of The Channel Company, has named RingCentrals SVP of Global Channel Sales, Zane Long, on its prestigious list of 2021 Channel Chiefs for the fifth consecutive year. The executives on this annual list include leading IT channel vendor executives who continually demonstrate outstanding leadership, influence, innovation, and growth. The 2021 Channel Chiefs are prominent leaders who have influenced the IT channel with cutting-edge strategies, programs, and partnerships. All honorees are selected by CRNs editorial staff based on their dedication, industry prestige, and exceptional accomplishments as channel advocates. CRNs 2021 Channel Chiefs list includes the industrys biggest channel evangelists, a group of individuals who work tirelessly on behalf of their partners and drive growth through the development of strong partner programs and innovative business strategies that help bring business-critical solutions to market, said Blaine Raddon, CEO of The Channel Company. The Channel Company is proud to recognize these channel influencers and looks forward to following their continued success. Channel partners are essential to our success as an organization, said Phil Sorgen, chief revenue officer of RingCentral. It is through Zanes leadership that we continue to drive momentum for our partner community. We are thrilled that The Channel Company recognizes Zanes contributions, having named him a Channel Chief for five years in a row. CRNs 2021 Channel Chiefs list will be featured in the February 2021 issue of CRN Magazine and online at www.CRN.com/ChannelChiefs. About RingCentral RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone(MVP) platform. More flexible and cost effective than legacy on-premise PBX and video conferencing systems that it replaces, RingCentral empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral offers three key products in its portfolio including RingCentral Office, a Unified Communications as a Service (UCaaS) platform including team messaging, video meetings, and a cloud phone system; Glipthe company's free video meetings solution with team messaging that enables Smart Video Meetings; and RingCentral cloud Contact Center solutions. RingCentrals open platform integrates with leading third party business applications and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world. 2021 RingCentral, Inc. All rights reserved. RingCentral, Message Video Phone, MVP, RingCentral Office, Glip, Smart Video Meetings, and the RingCentral logo are trademarks of RingCentral, Inc. About The Channel Company The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com Follow The Channel Company: Twitter, LinkedIn, and Facebook. 2021. CRN is a registered trademark of The Channel Company, LLC. All rights reserved. Answer:
Zane Long, RingCentral SVP Global Channel Sales, Recognized as 2021 CRN Channel Chief
BELMONT, Calif.--(BUSINESS WIRE)--RingCentral (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, video meetings, and contact center solutions, today announced that CRN, a brand of The Channel Company, has named RingCentrals SVP of Global Channel Sales, Zane Long, on its prestigious list of 2021 Channel Chiefs for the fifth consecutive year. The executives on this annual list include leading IT channel vendor executives who continually demonstrate outstanding leadership, influence, innovation, and growth. The 2021 Channel Chiefs are prominent leaders who have influenced the IT channel with cutting-edge strategies, programs, and partnerships. All honorees are selected by CRNs editorial staff based on their dedication, industry prestige, and exceptional accomplishments as channel advocates. CRNs 2021 Channel Chiefs list includes the industrys biggest channel evangelists, a group of individuals who work tirelessly on behalf of their partners and drive growth through the development of strong partner programs and innovative business strategies that help bring business-critical solutions to market, said Blaine Raddon, CEO of The Channel Company. The Channel Company is proud to recognize these channel influencers and looks forward to following their continued success. Channel partners are essential to our success as an organization, said Phil Sorgen, chief revenue officer of RingCentral. It is through Zanes leadership that we continue to drive momentum for our partner community. We are thrilled that The Channel Company recognizes Zanes contributions, having named him a Channel Chief for five years in a row. CRNs 2021 Channel Chiefs list will be featured in the February 2021 issue of CRN Magazine and online at www.CRN.com/ChannelChiefs. About RingCentral RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone(MVP) platform. More flexible and cost effective than legacy on-premise PBX and video conferencing systems that it replaces, RingCentral empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral offers three key products in its portfolio including RingCentral Office, a Unified Communications as a Service (UCaaS) platform including team messaging, video meetings, and a cloud phone system; Glipthe company's free video meetings solution with team messaging that enables Smart Video Meetings; and RingCentral cloud Contact Center solutions. RingCentrals open platform integrates with leading third party business applications and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world. 2021 RingCentral, Inc. All rights reserved. RingCentral, Message Video Phone, MVP, RingCentral Office, Glip, Smart Video Meetings, and the RingCentral logo are trademarks of RingCentral, Inc. About The Channel Company The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com Follow The Channel Company: Twitter, LinkedIn, and Facebook. 2021. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.
edtsum168
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN, May 13, 2020 /PRNewswire/ -- The "Smart Agriculture Market by Agriculture Type (Precision Farming, Livestock, Aquaculture, Greenhouse), Hardware (GPS, Drones, Sensors, RFID, LED Grow Lights), Software, Services, Application, Farm Size, and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The Global Smart Agriculture Market is estimated to grow from US$ 13.8 billion in 2020 to US$ 22 billion by 2025, rising at a CAGR of 9.8%. Key factors accelerating the smart agriculture market growth are the surging use of modern technologies in agriculture farms, growing income levels and demand for protein-rich aqua food, the increasing focus of farmers on livestock monitoring and disease detection, and the increasing emphasis on reducing the management cost by adopting advanced livestock monitoring products. Increasing investment and rising R&D expenditure in agriculture technology across the world and increasing the popularity of land-based recirculating aquaculture systems are expected to offer substantial opportunities for the smart agriculture market. Market for software offerings estimated to grow at highest CAGR during the forecast period The market for software offering in the smart agriculture market is expected to grow at the highest CAGR from 2020 tp 2025 due to the substantial cost savings associated with a cloud-based software platform, as well as the rising number of farmers, growers, and ranchers in APAC, Europe, and South America adopting AI-based predictive analytics software. The software can be used for functions such as data management, data security, crop health monitoring, farm work mapping, and inventory management. The software allows farmers and growers to utilize the accumulated data of the past few years to analyze the average yield data, create map-based prescriptions, timely irrigation scheduling, and generate yield maps. Market for variable rate technology in precision farming, followed by livestock monitoring segment, to grow at the significant rate from 2020 to 2025 The wide adoption of VRT in precision farming is because of various benefits associated with it. VRT allows input application rates to be varied across fields for site-specific management of the field variability. The market for VRT is expected to grow at a higher CAGR than that for other technologies as this technology helps in applying the right amount of input at the right place on the field, which minimizes the input waste and increases land and crop productivity. Further, the growing cattle population with the increasing number of dairy farms and the rising adoption of livestock monitoring technology by dairy farmers in developing countries are expected to propel the growth of the livestock monitoring market. Market for weather tracking and forecasting applications in precision farming, and monitoring and surveillance application in aquaculture to grow at a significant rate from 2020 to 2025 The precision farming market for weather tracking and forecasting applications is expected to grow at the highest CAGR from 2020 to 2025 owing to the benefits of climate service initiatives that enable farmers to effectively deal with climate-related disasters and improve food security and decision-making in agriculture. Further, the changing weather patterns due to increasing global warming have impelled the adoption of advanced farming technologies, such as sensor-based irrigation controllers, to enhance farm productivity and crop yield. The smart agriculture market for aquaculture monitoring and surveillance applications is expected to grow at the highest CAGR during the forecast period. The high growth in this segment is predominantly driven by the increasing adoption of hardware devices such as sensors, RFID tags and readers, and livestock collars for early detection of disease in livestock, management of the herd, and identification and tracking of livestock. Smart agriculture market in APAC to grow at highest CAGR from 2020 to 2025 APAC is one of the emerging markets for smart agriculture. The smart agriculture market in APAC is expected to grow at a double-digit rate during the forecast period. India, China, and Japan have embraced this technology and hold a major share of the smart agriculture market. However, significant opportunities are yet to be tapped into other Asian countries. The population in APAC is increasing at a high pace. The high pressure to improve agricultural yields with limited available resources and increased requirements to protect crops from unexpected climatic changes are also expected to increase the adoption of smart agriculture technology in APAC during the forecast period. Impact of COVID-19 on Smart Agriculture Market Precision Farming Livestock Monitoring Precision Aquaculture Smart Greenhouse Precision Forestry Market DynamicsDrivers Rising Pressure on Food Supply System Owing to Rapidly Growing Population Surging Use of Modern Technologies in Agriculture Farms Rising Income Levels and Demand for Protein-Rich Aqua Food Growing Focus of Farmers on Livestock Monitoring and Disease Detection Increasing Emphasis on Reducing Management Cost by Adopting Advanced Livestock Monitoring Products Surging Adoption of Advanced Technologies Such as IoT and AI in Aquaculture Farms Restraints High Upfront Cost for Deployment of Modern Agricultural Equipment Overall Fragmented Agriculture Industry Opportunities Rising Adoption of Livestock Monitoring Solutions in Developing Countries Growing Use of Unmanned Aerial Vehicles or Drones in Agricultural Farms Increasing Popularity of Land-Based Recirculating Aquaculture Systems Growing Focus on Integration of Smartphones With Agricultural Hardware and Software Applications Challenges Management of Large Volumes of Data for Productive Decision Making Environmental Concerns and Global Warming Winning Imperatives Environmental Protection With Utilization of Smart Agriculture Techniques Companies Profiled Key Players Deere & Company Trimble Topcon Positioning Systems Delaval Antelliq (Subsidiary of Merck & Co. Inc.) Afimilk Ltd. Akva Group Innovasea Systems Heliospectra LumiGrow Treemetrics Other Important Players Raven Industries AG Leader Technology Agjunction The Climate Corporation (Subsidiary of Monsanto) Nedap N.V. Boumatic, LLC Fancom B.V. (Subsidiary of CTB International Corp.) Aquabyte Steinsvik Vemco Nexus Certhon Quantum Spatial Hitachi Construction Machinery For more information about this report visit https://www.researchandmarkets.com/r/6pc69j Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com Answer:
Smart Agriculture Industry Set to Reach $22 Billion by 2025 (COVID-19 Adjusted)
DUBLIN, May 13, 2020 /PRNewswire/ -- The "Smart Agriculture Market by Agriculture Type (Precision Farming, Livestock, Aquaculture, Greenhouse), Hardware (GPS, Drones, Sensors, RFID, LED Grow Lights), Software, Services, Application, Farm Size, and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The Global Smart Agriculture Market is estimated to grow from US$ 13.8 billion in 2020 to US$ 22 billion by 2025, rising at a CAGR of 9.8%. Key factors accelerating the smart agriculture market growth are the surging use of modern technologies in agriculture farms, growing income levels and demand for protein-rich aqua food, the increasing focus of farmers on livestock monitoring and disease detection, and the increasing emphasis on reducing the management cost by adopting advanced livestock monitoring products. Increasing investment and rising R&D expenditure in agriculture technology across the world and increasing the popularity of land-based recirculating aquaculture systems are expected to offer substantial opportunities for the smart agriculture market. Market for software offerings estimated to grow at highest CAGR during the forecast period The market for software offering in the smart agriculture market is expected to grow at the highest CAGR from 2020 tp 2025 due to the substantial cost savings associated with a cloud-based software platform, as well as the rising number of farmers, growers, and ranchers in APAC, Europe, and South America adopting AI-based predictive analytics software. The software can be used for functions such as data management, data security, crop health monitoring, farm work mapping, and inventory management. The software allows farmers and growers to utilize the accumulated data of the past few years to analyze the average yield data, create map-based prescriptions, timely irrigation scheduling, and generate yield maps. Market for variable rate technology in precision farming, followed by livestock monitoring segment, to grow at the significant rate from 2020 to 2025 The wide adoption of VRT in precision farming is because of various benefits associated with it. VRT allows input application rates to be varied across fields for site-specific management of the field variability. The market for VRT is expected to grow at a higher CAGR than that for other technologies as this technology helps in applying the right amount of input at the right place on the field, which minimizes the input waste and increases land and crop productivity. Further, the growing cattle population with the increasing number of dairy farms and the rising adoption of livestock monitoring technology by dairy farmers in developing countries are expected to propel the growth of the livestock monitoring market. Market for weather tracking and forecasting applications in precision farming, and monitoring and surveillance application in aquaculture to grow at a significant rate from 2020 to 2025 The precision farming market for weather tracking and forecasting applications is expected to grow at the highest CAGR from 2020 to 2025 owing to the benefits of climate service initiatives that enable farmers to effectively deal with climate-related disasters and improve food security and decision-making in agriculture. Further, the changing weather patterns due to increasing global warming have impelled the adoption of advanced farming technologies, such as sensor-based irrigation controllers, to enhance farm productivity and crop yield. The smart agriculture market for aquaculture monitoring and surveillance applications is expected to grow at the highest CAGR during the forecast period. The high growth in this segment is predominantly driven by the increasing adoption of hardware devices such as sensors, RFID tags and readers, and livestock collars for early detection of disease in livestock, management of the herd, and identification and tracking of livestock. Smart agriculture market in APAC to grow at highest CAGR from 2020 to 2025 APAC is one of the emerging markets for smart agriculture. The smart agriculture market in APAC is expected to grow at a double-digit rate during the forecast period. India, China, and Japan have embraced this technology and hold a major share of the smart agriculture market. However, significant opportunities are yet to be tapped into other Asian countries. The population in APAC is increasing at a high pace. The high pressure to improve agricultural yields with limited available resources and increased requirements to protect crops from unexpected climatic changes are also expected to increase the adoption of smart agriculture technology in APAC during the forecast period. Impact of COVID-19 on Smart Agriculture Market Precision Farming Livestock Monitoring Precision Aquaculture Smart Greenhouse Precision Forestry Market DynamicsDrivers Rising Pressure on Food Supply System Owing to Rapidly Growing Population Surging Use of Modern Technologies in Agriculture Farms Rising Income Levels and Demand for Protein-Rich Aqua Food Growing Focus of Farmers on Livestock Monitoring and Disease Detection Increasing Emphasis on Reducing Management Cost by Adopting Advanced Livestock Monitoring Products Surging Adoption of Advanced Technologies Such as IoT and AI in Aquaculture Farms Restraints High Upfront Cost for Deployment of Modern Agricultural Equipment Overall Fragmented Agriculture Industry Opportunities Rising Adoption of Livestock Monitoring Solutions in Developing Countries Growing Use of Unmanned Aerial Vehicles or Drones in Agricultural Farms Increasing Popularity of Land-Based Recirculating Aquaculture Systems Growing Focus on Integration of Smartphones With Agricultural Hardware and Software Applications Challenges Management of Large Volumes of Data for Productive Decision Making Environmental Concerns and Global Warming Winning Imperatives Environmental Protection With Utilization of Smart Agriculture Techniques Companies Profiled Key Players Deere & Company Trimble Topcon Positioning Systems Delaval Antelliq (Subsidiary of Merck & Co. Inc.) Afimilk Ltd. Akva Group Innovasea Systems Heliospectra LumiGrow Treemetrics Other Important Players Raven Industries AG Leader Technology Agjunction The Climate Corporation (Subsidiary of Monsanto) Nedap N.V. Boumatic, LLC Fancom B.V. (Subsidiary of CTB International Corp.) Aquabyte Steinsvik Vemco Nexus Certhon Quantum Spatial Hitachi Construction Machinery For more information about this report visit https://www.researchandmarkets.com/r/6pc69j Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
edtsum169
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: BOULDER, Colo., Aug. 13, 2020 /PRNewswire/ --Prima-Temp, a leader in health technology solutions through chronobiology, and Enfamil, the #1 infant formula brand recommended by pediatricians, today announced a joint marketing agreement to support women during theirfertility journey. Enfamil, through its new brand Enfamom prenatal vitamins, and Prima-Temp will offer education and discounts on their products and services that assist women in each phase of their conception journey and throughout their pregnancy. The Enfamil brand has been trusted by moms for more than 100 years to provide optimal nutrition for their babies and toddlers.Prima-Temp, the parent company of Priya and Kindara, is on the forefront of digital healthcare, leveraging the precision of predictive biometric patterns for fertility planning within a supportive online community of women. "Prima-Temp is excited to combine our cutting-edge digital health innovation with Enfamil, a brand that continues to progress nutrition based on science. Together, we will continue to help advance women's health throughout their fertility journeys,"said Steve Hane, CEO of Prima-Temp. "The mission of Enfamil isto ensure all mothers and babies have the best start in life,"said Amardeep Kahlon, GM Marketing, Nutrition. "This collaboration with Prima-Temp compliments our focus on bringing innovative solutions to nourish the body at all stages, including during the critical stages of a woman's fertility journey. We recognize that optimal nutrition for fetal development begins at preconception."Together, Enfamom and Prima-Temp will provide educational resources to support women as they prepare for their next step of their fertility journey, including nutritional support for babies starting at preconceptionwith EnfamomPrenatal Vitamins by Enfamil and the Prima-Temp Kindara Fertility Appand Priya Personal Fertility System. These resources will support women's health and fertility goals at every stage of the conception journey. About RBRB* is driven by its purpose to protect, heal and nurture in a relentless pursuit of a cleaner, healthier world. We fight to makeaccess to the highest-quality hygiene, wellness and nourishment a right, not a privilege, for everyone.RB is proud to have a stable of trusted household brands found in households in more than 190 countries. These include Enfamil, Nutramigen, Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Woolite, Air Wick and more.20 million RB products a day are bought by consumers globally.RB's passion to put consumers and people first, to seek out new opportunities, to strive for excellence in all that we do, and to build shared success with all our partners, while doing the right thing, always is what guides the work of our 42,000+ diverse and talented colleagues worldwide.For more information visitwww.rb.com/us*RB is the trading name of the Reckitt Benckiser group of companiesAbout Enfamil Enfamil's full product portfolio is formulated for infants and children through every stage of development.Theirdedication to science and innovation remainsvital to boththeirproduct portfolioand missionbyusingleading-edge technologies, a highly specialized team, and expert collaborations to benefit pediatric populations around the world.Today, the Enfamil brand is trusted byparents and healthcare professionalsthroughtheir passion for innovation and delivering a high quality product.About Prima-TempPrima-Temp empowers women and their healthcare providers to make informed healthcare decisions. Our vision is to use real time biometric data, provided in the context of an engaged community, to support healthcare decisions and better health outcomes. Our solutions include the Priya Personal Fertility System and Kindara. Priya is an innovative technology and algorithm that uses continuous core body temperature to help women take the guesswork out of their fertility. The Kindara app is an award winning women's health platform trusted by over 1.6 million women to track their fertility and health. For more information about our solutions, visit www.kindara.com. For more information about Prima-Temp, visit www.prima-temp.com. SOURCE Prima-Temp Related Links www.prima-temp.com Answer:
Enfamil and Prima-Temp Enter Collaboration to Support Women on Fertility Journey
BOULDER, Colo., Aug. 13, 2020 /PRNewswire/ --Prima-Temp, a leader in health technology solutions through chronobiology, and Enfamil, the #1 infant formula brand recommended by pediatricians, today announced a joint marketing agreement to support women during theirfertility journey. Enfamil, through its new brand Enfamom prenatal vitamins, and Prima-Temp will offer education and discounts on their products and services that assist women in each phase of their conception journey and throughout their pregnancy. The Enfamil brand has been trusted by moms for more than 100 years to provide optimal nutrition for their babies and toddlers.Prima-Temp, the parent company of Priya and Kindara, is on the forefront of digital healthcare, leveraging the precision of predictive biometric patterns for fertility planning within a supportive online community of women. "Prima-Temp is excited to combine our cutting-edge digital health innovation with Enfamil, a brand that continues to progress nutrition based on science. Together, we will continue to help advance women's health throughout their fertility journeys,"said Steve Hane, CEO of Prima-Temp. "The mission of Enfamil isto ensure all mothers and babies have the best start in life,"said Amardeep Kahlon, GM Marketing, Nutrition. "This collaboration with Prima-Temp compliments our focus on bringing innovative solutions to nourish the body at all stages, including during the critical stages of a woman's fertility journey. We recognize that optimal nutrition for fetal development begins at preconception."Together, Enfamom and Prima-Temp will provide educational resources to support women as they prepare for their next step of their fertility journey, including nutritional support for babies starting at preconceptionwith EnfamomPrenatal Vitamins by Enfamil and the Prima-Temp Kindara Fertility Appand Priya Personal Fertility System. These resources will support women's health and fertility goals at every stage of the conception journey. About RBRB* is driven by its purpose to protect, heal and nurture in a relentless pursuit of a cleaner, healthier world. We fight to makeaccess to the highest-quality hygiene, wellness and nourishment a right, not a privilege, for everyone.RB is proud to have a stable of trusted household brands found in households in more than 190 countries. These include Enfamil, Nutramigen, Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Woolite, Air Wick and more.20 million RB products a day are bought by consumers globally.RB's passion to put consumers and people first, to seek out new opportunities, to strive for excellence in all that we do, and to build shared success with all our partners, while doing the right thing, always is what guides the work of our 42,000+ diverse and talented colleagues worldwide.For more information visitwww.rb.com/us*RB is the trading name of the Reckitt Benckiser group of companiesAbout Enfamil Enfamil's full product portfolio is formulated for infants and children through every stage of development.Theirdedication to science and innovation remainsvital to boththeirproduct portfolioand missionbyusingleading-edge technologies, a highly specialized team, and expert collaborations to benefit pediatric populations around the world.Today, the Enfamil brand is trusted byparents and healthcare professionalsthroughtheir passion for innovation and delivering a high quality product.About Prima-TempPrima-Temp empowers women and their healthcare providers to make informed healthcare decisions. Our vision is to use real time biometric data, provided in the context of an engaged community, to support healthcare decisions and better health outcomes. Our solutions include the Priya Personal Fertility System and Kindara. Priya is an innovative technology and algorithm that uses continuous core body temperature to help women take the guesswork out of their fertility. The Kindara app is an award winning women's health platform trusted by over 1.6 million women to track their fertility and health. For more information about our solutions, visit www.kindara.com. For more information about Prima-Temp, visit www.prima-temp.com. SOURCE Prima-Temp Related Links www.prima-temp.com
edtsum170
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NAPLES, Fla., Dec. 22, 2020 /PRNewswire/ --According to NABOR and MLS statistics, Timothy P. (Tim) Savage, P.A., owner of Gulf Coast International Properties (GCIP), has once again earned the number one spot in Naples luxury real estate sales for the year-to-date period ending November 30, 2020, for the exclusive Old Naples, Port Royal and Aqualane Shores areas. Savage's year-to-date total sales volume for the exclusive Old Naples, Port Royal and Aqualane Shores areashas exceeded $124 million, including more than $87 million in listings sold and more than $36 million in additional sales. Timothy P. (Tim) Savage, P.A., owner of Gulf Coast International Properties (GCIP), is a recognized leader in the Naples, Florida luxury real estate market, consistently earning the top spot for sales in the exclusive Old Naples, Port Royal and Aqualane Shores areas. A resident of Naples since 1986, Tims local knowledge is unparalleled as is his commitment to supporting community organizations and both local and international charities. (PRNewsfoto/Gulf Coast International Properties) The high-end world of Naples luxury real estate features some of the most highly sought-after homes on both the national and international markets. According to Vicki Tracy, GCIP's chief operating officer, "Tim is not only the owner of GCIP, he's really the leader in Naples luxury real estate. Tim has been a Naples resident since 1986, and his knowledge of the area's most exclusive neighborhoods is unrivaled. When you combine that with his commitment to service, integrity and a luxury experience, it's an unbeatable combination." This commitment is especially valued by clients from around the globe and has made a significant difference in the unusual selling climate faced during 2020. "We roll out the red carpet and guarantee privacy for all of our clients," says Tracy. "We provide exclusive private showings that have allowed GCIP to continue safely representing both Naples sellers and buyers. And we provide a custom virtual experience for buyers who want to view a property remotely. The impressive sales statistics speak for themselves."Locally owned and operated, Gulf Coast International Propertiesis an award-winning company that has been recognized by Who's Who in Luxury Real Estate, a worldwide collection of top brokers representing the finest luxury properties around the globe. With more than 100 years combined experience in the Naples, Florida market, GCIP is the only Naples-area member of Who's Who in Luxury Real Estate and was also chosen for membership in its Board of Regents, an exclusive network of the world's most elite luxury real estate professionals.To learn more about Gulf Coast International Properties, visit the website at GCIPNaples.com or email [emailprotected].REFERENCES:Gulf Coast International Properties https://www.gcipnaples.com/Board of Regents, Luxury Real Estate https://www.regents.com/CONTACT: Vicki Tracy Chief Operating Officer Gulf Coast International Properties Telephone: 239-434-2558 Email: [emailprotected]Website: GCIPNaples.com SOURCE Gulf Coast International Properties Related Links https://www.gcipnaples.com Answer:
GCIP's Tim Savage continues to lead sales in Naples' hot luxury real estate market Savage's Gulf Coast International Properties combines unparalleled local market knowledge and red-carpet treatment to serve luxury buyers from around the globe.
NAPLES, Fla., Dec. 22, 2020 /PRNewswire/ --According to NABOR and MLS statistics, Timothy P. (Tim) Savage, P.A., owner of Gulf Coast International Properties (GCIP), has once again earned the number one spot in Naples luxury real estate sales for the year-to-date period ending November 30, 2020, for the exclusive Old Naples, Port Royal and Aqualane Shores areas. Savage's year-to-date total sales volume for the exclusive Old Naples, Port Royal and Aqualane Shores areashas exceeded $124 million, including more than $87 million in listings sold and more than $36 million in additional sales. Timothy P. (Tim) Savage, P.A., owner of Gulf Coast International Properties (GCIP), is a recognized leader in the Naples, Florida luxury real estate market, consistently earning the top spot for sales in the exclusive Old Naples, Port Royal and Aqualane Shores areas. A resident of Naples since 1986, Tims local knowledge is unparalleled as is his commitment to supporting community organizations and both local and international charities. (PRNewsfoto/Gulf Coast International Properties) The high-end world of Naples luxury real estate features some of the most highly sought-after homes on both the national and international markets. According to Vicki Tracy, GCIP's chief operating officer, "Tim is not only the owner of GCIP, he's really the leader in Naples luxury real estate. Tim has been a Naples resident since 1986, and his knowledge of the area's most exclusive neighborhoods is unrivaled. When you combine that with his commitment to service, integrity and a luxury experience, it's an unbeatable combination." This commitment is especially valued by clients from around the globe and has made a significant difference in the unusual selling climate faced during 2020. "We roll out the red carpet and guarantee privacy for all of our clients," says Tracy. "We provide exclusive private showings that have allowed GCIP to continue safely representing both Naples sellers and buyers. And we provide a custom virtual experience for buyers who want to view a property remotely. The impressive sales statistics speak for themselves."Locally owned and operated, Gulf Coast International Propertiesis an award-winning company that has been recognized by Who's Who in Luxury Real Estate, a worldwide collection of top brokers representing the finest luxury properties around the globe. With more than 100 years combined experience in the Naples, Florida market, GCIP is the only Naples-area member of Who's Who in Luxury Real Estate and was also chosen for membership in its Board of Regents, an exclusive network of the world's most elite luxury real estate professionals.To learn more about Gulf Coast International Properties, visit the website at GCIPNaples.com or email [emailprotected].REFERENCES:Gulf Coast International Properties https://www.gcipnaples.com/Board of Regents, Luxury Real Estate https://www.regents.com/CONTACT: Vicki Tracy Chief Operating Officer Gulf Coast International Properties Telephone: 239-434-2558 Email: [emailprotected]Website: GCIPNaples.com SOURCE Gulf Coast International Properties Related Links https://www.gcipnaples.com
edtsum171
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: BRISBANE, Australia, Nov. 24, 2020 /PRNewswire/ -- Chesser Resources Limited("Chesser" or "the Company"; ASX:CHZ) is pleased to provide an update on drilling results from its flagship Diamba Sud Gold Project in Senegal, West Africa. HIGHLIGHTS Area D Drilling intercepted widespread intervals of thick, shallow, high-grade oxide mineralisation, significantly extending zones from previous drilling in multiple directions. Results include; - 44m at 4.37 g/t goldfrom 18m, including - 4m at 13.29 g/t goldfrom 20m- 4m at 9.96 g/t gold from 54m, and- 1m at 13.30 g/t gold from 60m - 49m at 3.64 g/t gold from 10m, including - 8m at 10.75 g/t gold from 34m - 38m at 4.36 g/t gold from 2m, including - 22m at 6.66 g/t goldfrom 10m, - 24m at 2.87 g/t goldfrom 10m, including - 2m at 12.0 g/t goldfrom 12m - 17m at 1.90 g/t gold from 48m Deeper drilling returned sulphide mineralisation from structural zones and hydrothermal breccias in fresh rock as likely feeder zones to overlying oxide mineralisation. Results include; - 17.9m at 2.36 g/t gold from 82.3m, including -0.95m at 19.40 g/t gold from 89.35m - 5m at 3.57 g/t gold from 82m, including - 0.9m at 12.80 g/t gold from 85m - 14m at 2.34 g/t gold from 114m "We are delighted to report very positive results from the first 11 of 27 holes drilled at Area D following the wet season. We have extended the thick oxide mineralisation by over 100m in multiple directions from the original discovery mineralisation with these step outs with more results pending. Deeper drilling has also intersected wide zones of mineralisation, with numerous mineralised structural zones pointing to likely controls on mineralisation. Results from the remaining program will assist to fully understand the controls of mineralisation. Whilst this discovery is still at an early stage, extensions to the thick oxide zones are very exciting. Results from an additional 16 holes from Area D are pending, as well as extensional drilling at Area A, which is ongoing. We are looking forward to releasing more results of this extensive program as they become available." commented Mike Brown, Managing Director and CEO of Chesser Resources. Please refer to the original ASX announcement, dated24 November 2020 for further information:https://www.investi.com.au/api/announcements/chz/a7d558e3-eba.pdf https://www.chesserresources.com.au/ SOURCE Chesser Resources Limited Answer:
Chesser Extends High-Grade Discovery at Diamba Sud with Widespread Intersections
BRISBANE, Australia, Nov. 24, 2020 /PRNewswire/ -- Chesser Resources Limited("Chesser" or "the Company"; ASX:CHZ) is pleased to provide an update on drilling results from its flagship Diamba Sud Gold Project in Senegal, West Africa. HIGHLIGHTS Area D Drilling intercepted widespread intervals of thick, shallow, high-grade oxide mineralisation, significantly extending zones from previous drilling in multiple directions. Results include; - 44m at 4.37 g/t goldfrom 18m, including - 4m at 13.29 g/t goldfrom 20m- 4m at 9.96 g/t gold from 54m, and- 1m at 13.30 g/t gold from 60m - 49m at 3.64 g/t gold from 10m, including - 8m at 10.75 g/t gold from 34m - 38m at 4.36 g/t gold from 2m, including - 22m at 6.66 g/t goldfrom 10m, - 24m at 2.87 g/t goldfrom 10m, including - 2m at 12.0 g/t goldfrom 12m - 17m at 1.90 g/t gold from 48m Deeper drilling returned sulphide mineralisation from structural zones and hydrothermal breccias in fresh rock as likely feeder zones to overlying oxide mineralisation. Results include; - 17.9m at 2.36 g/t gold from 82.3m, including -0.95m at 19.40 g/t gold from 89.35m - 5m at 3.57 g/t gold from 82m, including - 0.9m at 12.80 g/t gold from 85m - 14m at 2.34 g/t gold from 114m "We are delighted to report very positive results from the first 11 of 27 holes drilled at Area D following the wet season. We have extended the thick oxide mineralisation by over 100m in multiple directions from the original discovery mineralisation with these step outs with more results pending. Deeper drilling has also intersected wide zones of mineralisation, with numerous mineralised structural zones pointing to likely controls on mineralisation. Results from the remaining program will assist to fully understand the controls of mineralisation. Whilst this discovery is still at an early stage, extensions to the thick oxide zones are very exciting. Results from an additional 16 holes from Area D are pending, as well as extensional drilling at Area A, which is ongoing. We are looking forward to releasing more results of this extensive program as they become available." commented Mike Brown, Managing Director and CEO of Chesser Resources. Please refer to the original ASX announcement, dated24 November 2020 for further information:https://www.investi.com.au/api/announcements/chz/a7d558e3-eba.pdf https://www.chesserresources.com.au/ SOURCE Chesser Resources Limited
edtsum172
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: MONTREAL, June 16, 2020 /PRNewswire/ -Dollarama Inc. (TSX: DOL) ("Dollarama" or the"Corporation") announced today that three insiders, namely GRI Investments Inc., aprivate corporation controlled by the Rossy family, The Rossy Foundation and Neil Rossy, President and Chief Executive Officer of the Corporation,have agreed to sell respectively 928,407, 1,729,893 and 540,000common shares of Dollarama in block trades to a financial institution, representing an aggregate of 3,198,300common shares of Dollarama. Once the trades are settled, GRIInvestments Inc. will hold 5,139,614common shares, The Rossy Foundation will hold 9,584,723common shares and Neil Rossy will personally hold2,552,748common shares (in addition to 726,000 options vested and exercisable), representing, in aggregate, 18,003,085common shares or approximately 5.8% of the Corporation's total number of common shares issued and outstanding. Proceeds from the sale of shares by TheRossy Foundation will be used to fund existing commitments to charitable organizations. The decision by GRI Investments Inc. and Neil Rossy to sell a portion of their respective holdings in Dollarama was made for financial diversification purposes. Trades are expected to close on or about June 18, 2020. About Dollarama Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online. Our 1,301 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Select products are also available, by the full case only, through our online store at www.dollarama.com. Our quality merchandise is sold at select, fixed price points up to $4.00. Dollarama also owns a 50.1% interest in Dollarcity, a growing Latin American value retailer. Dollarcity offers a broad assortment of consumable products, general merchandise and seasonal items at select, fixed price points up to US$3.00 (or the equivalent in local currency) through its 232conveniently-located stores in Colombia, El Salvador and Guatemala. About The Rossy Foundation The Rossy Foundation is a Montreal-based private foundation that was established in 2004. Its mission is to contribute to civil society and to improve the lives of Canadians with a focus on cancer care, mental health, civic engagement, education and the arts. It is committed to supporting the vibrancy of Montreal and also funds charitable organizations across Canada and internationally within its areas of focus. SOURCE Dollarama Inc. Related Links www.dollarama.com Answer:
Sale of Shares by Dollarama Insiders
MONTREAL, June 16, 2020 /PRNewswire/ -Dollarama Inc. (TSX: DOL) ("Dollarama" or the"Corporation") announced today that three insiders, namely GRI Investments Inc., aprivate corporation controlled by the Rossy family, The Rossy Foundation and Neil Rossy, President and Chief Executive Officer of the Corporation,have agreed to sell respectively 928,407, 1,729,893 and 540,000common shares of Dollarama in block trades to a financial institution, representing an aggregate of 3,198,300common shares of Dollarama. Once the trades are settled, GRIInvestments Inc. will hold 5,139,614common shares, The Rossy Foundation will hold 9,584,723common shares and Neil Rossy will personally hold2,552,748common shares (in addition to 726,000 options vested and exercisable), representing, in aggregate, 18,003,085common shares or approximately 5.8% of the Corporation's total number of common shares issued and outstanding. Proceeds from the sale of shares by TheRossy Foundation will be used to fund existing commitments to charitable organizations. The decision by GRI Investments Inc. and Neil Rossy to sell a portion of their respective holdings in Dollarama was made for financial diversification purposes. Trades are expected to close on or about June 18, 2020. About Dollarama Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online. Our 1,301 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Select products are also available, by the full case only, through our online store at www.dollarama.com. Our quality merchandise is sold at select, fixed price points up to $4.00. Dollarama also owns a 50.1% interest in Dollarcity, a growing Latin American value retailer. Dollarcity offers a broad assortment of consumable products, general merchandise and seasonal items at select, fixed price points up to US$3.00 (or the equivalent in local currency) through its 232conveniently-located stores in Colombia, El Salvador and Guatemala. About The Rossy Foundation The Rossy Foundation is a Montreal-based private foundation that was established in 2004. Its mission is to contribute to civil society and to improve the lives of Canadians with a focus on cancer care, mental health, civic engagement, education and the arts. It is committed to supporting the vibrancy of Montreal and also funds charitable organizations across Canada and internationally within its areas of focus. SOURCE Dollarama Inc. Related Links www.dollarama.com
edtsum173
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LAGUNA BEACH, Calif., Feb. 5, 2021 /PRNewswire/ --Laguna Residents First (LRF), a residents' advocacy organization, just announced the appointment of a new member to its board.Laguna Beach resident Chris Catsimanes was tapped to lead efforts to increase community awareness about LRF's ballot initiative, which would give Laguna Beach voters the right to approve or deny major commercial projects. Costa Mesa, Newport Beach and Dana Point have passed similar initiatives. Laguna Beach resident Chris Catsimanes was tapped to lead efforts to increase community awareness about LRF. Tweet this During the pandemic, the organization has been unable to commence signature gathering. However, it continues to work with land use attorneys, donors, and supporters. "We're thrilled to welcome Chris to the board," said officer and co-founder David Raber. "His work ethic, collaborative style and grasp of the issues made this an easy decision. We look forward to moving things along with his help." Prior to retiring, Catsimanes was involved in both defense related and commercial organizations in design and management positions involving electronic systems.The LRF ballot initiative pertains only to commercial projects within 750 feet of Coast Highway or Laguna Canyon Road. A vote would be triggered by projects larger than 22,000 square feet, adding more than 200 car trips a day or exceeding the city's 36-foot height limit, as well as other factors. More details are available at: www.lagunaresidentsfirst.orgFor additional information, contact Mike Morris at 562-412-2684 Laguna Residents First is a Political Action Committee. State of California PAC No. 1421491SOURCE Laguna Residents First Related Links www.lagunaresidentsfirst.org Answer:
Laguna Residents First Appoints New Board Member Chris Catsimanes for Ballot Initiative Work
LAGUNA BEACH, Calif., Feb. 5, 2021 /PRNewswire/ --Laguna Residents First (LRF), a residents' advocacy organization, just announced the appointment of a new member to its board.Laguna Beach resident Chris Catsimanes was tapped to lead efforts to increase community awareness about LRF's ballot initiative, which would give Laguna Beach voters the right to approve or deny major commercial projects. Costa Mesa, Newport Beach and Dana Point have passed similar initiatives. Laguna Beach resident Chris Catsimanes was tapped to lead efforts to increase community awareness about LRF. Tweet this During the pandemic, the organization has been unable to commence signature gathering. However, it continues to work with land use attorneys, donors, and supporters. "We're thrilled to welcome Chris to the board," said officer and co-founder David Raber. "His work ethic, collaborative style and grasp of the issues made this an easy decision. We look forward to moving things along with his help." Prior to retiring, Catsimanes was involved in both defense related and commercial organizations in design and management positions involving electronic systems.The LRF ballot initiative pertains only to commercial projects within 750 feet of Coast Highway or Laguna Canyon Road. A vote would be triggered by projects larger than 22,000 square feet, adding more than 200 car trips a day or exceeding the city's 36-foot height limit, as well as other factors. More details are available at: www.lagunaresidentsfirst.orgFor additional information, contact Mike Morris at 562-412-2684 Laguna Residents First is a Political Action Committee. State of California PAC No. 1421491SOURCE Laguna Residents First Related Links www.lagunaresidentsfirst.org
edtsum174
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: --(BUSINESS WIRE)--()--(Takeda Pharmaceutical Company Limited, TSE:4502/NYSE:TAK)J.P. Morgan Healthcare39Christophe Weber Christophe Weber 2020COVID-192021240 40(NME)203054701201950% 12NME/14 53(FDA)112022125 2002025 TAK-003 (TAK-003)TAK-00324TAK-0033(TIDES)TAK-0034TIDES420193.9 TAK-755 TAK-755(TTP)TTPADAMTS13TTPTAK-755TTPADAMTS13TAK-755ADAMTS13TAK-755TTPTTPTAK-7552021TTP 22022TTP3 TAK-007 MDTAK-007(CAR)(NK)CD19BIL-15TAK-007NKTAK-007MDCAR-NK CD191/2(NHL)(CLL)1/2CAR-NK(CRS)CAR-TTAK-0072021BCAR NK TAK-994TAK-925 TAK-994orexin 21(NT1)NT1orexin2(SPARKLE-1501)TAK-994TAK-994TAK-925IVNT12(NT2) 20212023/EBITDA202011201911161002020/EBITDA3.7 2021232030s180 J.P. Morgan Healthcarehttps://www.takeda.com/investors/ir-events/ (TSE: 4502/NYSE: TAK)(GI)80https://www.takeda.com 1933 Form 20-Fhttps://www.takeda.com/investors/ reports/sec-filings/ www.sec.gov (IFRS) (IFRS)IFRSEBITDAEBITDAIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRS IFRSIFRShttps://www.takeda.com/investors/reports/quarterly-announcements/ 1PTSPTS20192030(CMS) 20201120 Answer:
J.P. Morgan Healthcare39203050% 203054701201950% 122024/ 20212023/EBITDA
--(BUSINESS WIRE)--()--(Takeda Pharmaceutical Company Limited, TSE:4502/NYSE:TAK)J.P. Morgan Healthcare39Christophe Weber Christophe Weber 2020COVID-192021240 40(NME)203054701201950% 12NME/14 53(FDA)112022125 2002025 TAK-003 (TAK-003)TAK-00324TAK-0033(TIDES)TAK-0034TIDES420193.9 TAK-755 TAK-755(TTP)TTPADAMTS13TTPTAK-755TTPADAMTS13TAK-755ADAMTS13TAK-755TTPTTPTAK-7552021TTP 22022TTP3 TAK-007 MDTAK-007(CAR)(NK)CD19BIL-15TAK-007NKTAK-007MDCAR-NK CD191/2(NHL)(CLL)1/2CAR-NK(CRS)CAR-TTAK-0072021BCAR NK TAK-994TAK-925 TAK-994orexin 21(NT1)NT1orexin2(SPARKLE-1501)TAK-994TAK-994TAK-925IVNT12(NT2) 20212023/EBITDA202011201911161002020/EBITDA3.7 2021232030s180 J.P. Morgan Healthcarehttps://www.takeda.com/investors/ir-events/ (TSE: 4502/NYSE: TAK)(GI)80https://www.takeda.com 1933 Form 20-Fhttps://www.takeda.com/investors/ reports/sec-filings/ www.sec.gov (IFRS) (IFRS)IFRSEBITDAEBITDAIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRS IFRSIFRShttps://www.takeda.com/investors/reports/quarterly-announcements/ 1PTSPTS20192030(CMS) 20201120
edtsum175
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, June 25, 2020 /PRNewswire/ --Gloat, the AI-powered talent marketplace company is offering new tools and features to help companies become more agile and meet their changing needs. Already used by some of the largest employers in the world - including Unilever and Schneider Electric - Gloat is helping companies meet the rising challenges of internal talent management. New features include: Dynamic Talent Allocation, Succession Planning, Workforce Insights & Planning, Team Development, and Dynamic Employee Career Pathing. An expansion of Gloat's leading AI platform, these new offerings will enable companies to adapt to unforeseen challenges as well as unlock employee capacity, redeploy internal talent, increase engagement, and revolutionize the future of work. COVID-19 has led to major workforce changes and impacted organizations across the globe. By providing new tools to make talent management simpler, Gloat is addressing challenges organizations now face. "Businesses are entering a world with new challenges and ever-changing workforce dynamics," said Ben Reuveni, CEO and Founder of Gloat. "We've heard from our clients, the pandemic highlighted that building an agile and future-proofed workforce is key for their survival. Gloat's expanded platform reinforces our commitment to our clients' changing needs and the new reality we all face. Artificial intelligence will play a key role helping enterprises build a future-proof workforce and we're excited to have some of the globe's most trusted brands join us in that journey." Gloat's new AI-powered Workforce Agility features include: Dynamic Talent AllocationGloat helps organizations balance skills, availability, and aspirations at scale by staffing projects and gigs with the help of AI-driven recommendations. McKinsey research finds that companies that quickly reallocated talent resources during the last two economic crises nearly doubled their shareholder returns. Succession PlanningGloat provides a company-wide perspective allowing businesses to recognize personnel needs and take immediate action to address gaps or changes. Succession Planning positions companies to be fully supported and protected from impending vacancies with increased visibility, tracking, and actionable succession plans. Dynamic Actionable Career PathingGloat puts employees in the driver's seat by helping them create a personally-tailored career roadmap. This revolutionary approach allows employees to set goals and learn how to achieve them for professional advancement. Workforce Planning & InsightsGloat's live talent marketplace generates an abundance of real-time data that enhances workforce decisions. From supply and demand of skills, to impending gaps and trends, it ensures organizations are always prepared. Team DevelopmentThis tool allows companies to streamline their teams by giving them a bird's-eye view of the crew they've assembled. Managers will be able to track their team members' progress and discover gaps to maximize talent. Recently, Alan Jope, CEO of Unilever, credited Gloat's platform for contributing to the company's agility and overall success in Q1. He said in part, "We're drawing on our adaptability by quickly redeploying teams from parts of the business with low demand to the areas that are seeing high demand. This has been enabled by a digital internal talent marketplace called Flex [Gloat Talent Marketplace], that matches employees who have capacity with opportunities to do interesting new types of work." Learn more about these tools and others by visiting www.gloat.com. About Gloat: Founded in 2015, Gloat is redefining the future of work with its mission to democratize career development, unlock skills, and help enterprises build a future-proof workforce. The company was founded by Ben Reuveni, Amichai Schreiber, and Danny Shteinberg, and is based in New York. The company has offices across the globe with a large R&D center in Tel Aviv, Israel. www.gloat.com SOURCE Gloat Related Links https://www.gloat.com Answer:
Gloat Announces Release of New Workforce Agility Platform AI-powered Talent Marketplace Start-Up Expands Offerings to Help Companies Navigate Current Landscape and Changes in Adjusted Workforce Environment
NEW YORK, June 25, 2020 /PRNewswire/ --Gloat, the AI-powered talent marketplace company is offering new tools and features to help companies become more agile and meet their changing needs. Already used by some of the largest employers in the world - including Unilever and Schneider Electric - Gloat is helping companies meet the rising challenges of internal talent management. New features include: Dynamic Talent Allocation, Succession Planning, Workforce Insights & Planning, Team Development, and Dynamic Employee Career Pathing. An expansion of Gloat's leading AI platform, these new offerings will enable companies to adapt to unforeseen challenges as well as unlock employee capacity, redeploy internal talent, increase engagement, and revolutionize the future of work. COVID-19 has led to major workforce changes and impacted organizations across the globe. By providing new tools to make talent management simpler, Gloat is addressing challenges organizations now face. "Businesses are entering a world with new challenges and ever-changing workforce dynamics," said Ben Reuveni, CEO and Founder of Gloat. "We've heard from our clients, the pandemic highlighted that building an agile and future-proofed workforce is key for their survival. Gloat's expanded platform reinforces our commitment to our clients' changing needs and the new reality we all face. Artificial intelligence will play a key role helping enterprises build a future-proof workforce and we're excited to have some of the globe's most trusted brands join us in that journey." Gloat's new AI-powered Workforce Agility features include: Dynamic Talent AllocationGloat helps organizations balance skills, availability, and aspirations at scale by staffing projects and gigs with the help of AI-driven recommendations. McKinsey research finds that companies that quickly reallocated talent resources during the last two economic crises nearly doubled their shareholder returns. Succession PlanningGloat provides a company-wide perspective allowing businesses to recognize personnel needs and take immediate action to address gaps or changes. Succession Planning positions companies to be fully supported and protected from impending vacancies with increased visibility, tracking, and actionable succession plans. Dynamic Actionable Career PathingGloat puts employees in the driver's seat by helping them create a personally-tailored career roadmap. This revolutionary approach allows employees to set goals and learn how to achieve them for professional advancement. Workforce Planning & InsightsGloat's live talent marketplace generates an abundance of real-time data that enhances workforce decisions. From supply and demand of skills, to impending gaps and trends, it ensures organizations are always prepared. Team DevelopmentThis tool allows companies to streamline their teams by giving them a bird's-eye view of the crew they've assembled. Managers will be able to track their team members' progress and discover gaps to maximize talent. Recently, Alan Jope, CEO of Unilever, credited Gloat's platform for contributing to the company's agility and overall success in Q1. He said in part, "We're drawing on our adaptability by quickly redeploying teams from parts of the business with low demand to the areas that are seeing high demand. This has been enabled by a digital internal talent marketplace called Flex [Gloat Talent Marketplace], that matches employees who have capacity with opportunities to do interesting new types of work." Learn more about these tools and others by visiting www.gloat.com. About Gloat: Founded in 2015, Gloat is redefining the future of work with its mission to democratize career development, unlock skills, and help enterprises build a future-proof workforce. The company was founded by Ben Reuveni, Amichai Schreiber, and Danny Shteinberg, and is based in New York. The company has offices across the globe with a large R&D center in Tel Aviv, Israel. www.gloat.com SOURCE Gloat Related Links https://www.gloat.com
edtsum176
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: HSINCHU, Taiwan, Nov. 10, 2020 /PRNewswire/ --MediaTek today unveiled its new Dimensity 700 5G smartphone chipset, a 7nm SoC designed to bring advanced 5G capabilities and experiences to the mass market. The addition of the Dimensity 700 to MediaTek's Dimensity family of 5G chips gives device makers a full suite of options for 5G smartphone models- from flagship and premium to mid-range and mass market devices- making 5G more accessible for consumers everywhere. Dimensity 700 Dimensity 700 Infographic "With our expanded Dimensity portfolio we're bringing the latest 5G capabilities to every smartphone tier so more people can enjoy 5G experiences," said Dr. JC Hsu, Corporate VP and GM of MediaTek's Wireless Communications Business Unit. "The Dimensity 700 has an impressive mix of 5G connectivity features, advanced camera capabilities like night shot enhancements and multiple voice assistant support, all in a super power-efficient design." The Dimensity 700 packs advanced connectivity features including 5G Carrier Aggregation (2CC 5G-CA) and 5G dual SIM dual standby (DSDS), giving users access to the fastest speeds and 5G-exclusive Voice over New Radio (VoNR) services from either connection. On the processing power side, the chip integrates two Arm Cortex-A76 big cores in its octa-core CPU and operates at up to 2.2GHz. Key features of Dimensity 700 include: MediaTek 5G UltraSave: Delivers advanced power-saving technologies to improve battery life. It includes UltraSave Network Environment Detection, MediaTek 5G UltraSave OTA Content Awareness, Dynamic BWP and Connected Mode DRX. The built-in technology intelligently manages a device's 5G connection so you can do more and charge your device less often. Premium 90Hz Display: Brands can design smartphones with crisp, high resolution FullHD+ displays and ultra-fast refresh rates to reduce blur in animations, scrolling and games for the best user experience. Up to 64MP Cameras & Night Shot Enhancements: Supports 48MP or 64MP main camera sensors with AI-bokeh, AI-color and AI-beauty features. Plus, the integrated hardware-based imaging accelerators enable multi-frame noise reduction so users can capture high quality shots with low noise, even at night. Multiple Voice Assistant Support: Supports voice assistants from global brands such as Alibaba, Amazon, Baidu, Google and Tencent to give device makers more configuration options. The Dimensity 700 continues MediaTek's legacy of bringing advanced connectivity, multimedia and imaging features to consumers everywhere. MediaTek's Dimensity 5G family of chips bring smart and fast together to power 5G devices across all tiers, and with the Dimensity 700 5G devices will now be accessible to even more consumers.For full specifications and further details on MediaTek's Dimensity 700 series and 5G portfolio visit:https://i.mediatek.com/mediatek-5gAbout MediaTek Inc.MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables 1.5 billion connected devices a year. We are a market leader in developing innovative systems-on-chip (SoC) for mobile device, home entertainment, connectivity and IoT products. Our dedication to innovation has positioned us as a driving market force in several key technology areas, including highly power-efficient mobile technologies, automotive solutions and a broad range of advanced multimedia products such as smartphones, tablets, digital televisions, 5G, Voice Assistant Devices (VAD) and wearables. MediaTek empowers and inspires people to expand their horizons and achieve their goals through smart technology, more easily and efficiently than ever before. We work with the brands you love to make great technology accessible to everyone, and it drives everything we do. Visitwww.mediatek.comfor more information. MediaTek Press Office: [emailprotected] Kevin Keating, MediaTek+1- 206-321-729510188 Telesis Ct #500, San Diego, CA 92121, USASOURCE MediaTek Inc. Related Links http://www.mediatek.com Answer:
MediaTek Unveils Its Newest 5G Chipset, Dimensity 700, For Mass Market 5G Smartphones Dimensity 700 caters to growing consumer demand for 5G devices
HSINCHU, Taiwan, Nov. 10, 2020 /PRNewswire/ --MediaTek today unveiled its new Dimensity 700 5G smartphone chipset, a 7nm SoC designed to bring advanced 5G capabilities and experiences to the mass market. The addition of the Dimensity 700 to MediaTek's Dimensity family of 5G chips gives device makers a full suite of options for 5G smartphone models- from flagship and premium to mid-range and mass market devices- making 5G more accessible for consumers everywhere. Dimensity 700 Dimensity 700 Infographic "With our expanded Dimensity portfolio we're bringing the latest 5G capabilities to every smartphone tier so more people can enjoy 5G experiences," said Dr. JC Hsu, Corporate VP and GM of MediaTek's Wireless Communications Business Unit. "The Dimensity 700 has an impressive mix of 5G connectivity features, advanced camera capabilities like night shot enhancements and multiple voice assistant support, all in a super power-efficient design." The Dimensity 700 packs advanced connectivity features including 5G Carrier Aggregation (2CC 5G-CA) and 5G dual SIM dual standby (DSDS), giving users access to the fastest speeds and 5G-exclusive Voice over New Radio (VoNR) services from either connection. On the processing power side, the chip integrates two Arm Cortex-A76 big cores in its octa-core CPU and operates at up to 2.2GHz. Key features of Dimensity 700 include: MediaTek 5G UltraSave: Delivers advanced power-saving technologies to improve battery life. It includes UltraSave Network Environment Detection, MediaTek 5G UltraSave OTA Content Awareness, Dynamic BWP and Connected Mode DRX. The built-in technology intelligently manages a device's 5G connection so you can do more and charge your device less often. Premium 90Hz Display: Brands can design smartphones with crisp, high resolution FullHD+ displays and ultra-fast refresh rates to reduce blur in animations, scrolling and games for the best user experience. Up to 64MP Cameras & Night Shot Enhancements: Supports 48MP or 64MP main camera sensors with AI-bokeh, AI-color and AI-beauty features. Plus, the integrated hardware-based imaging accelerators enable multi-frame noise reduction so users can capture high quality shots with low noise, even at night. Multiple Voice Assistant Support: Supports voice assistants from global brands such as Alibaba, Amazon, Baidu, Google and Tencent to give device makers more configuration options. The Dimensity 700 continues MediaTek's legacy of bringing advanced connectivity, multimedia and imaging features to consumers everywhere. MediaTek's Dimensity 5G family of chips bring smart and fast together to power 5G devices across all tiers, and with the Dimensity 700 5G devices will now be accessible to even more consumers.For full specifications and further details on MediaTek's Dimensity 700 series and 5G portfolio visit:https://i.mediatek.com/mediatek-5gAbout MediaTek Inc.MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables 1.5 billion connected devices a year. We are a market leader in developing innovative systems-on-chip (SoC) for mobile device, home entertainment, connectivity and IoT products. Our dedication to innovation has positioned us as a driving market force in several key technology areas, including highly power-efficient mobile technologies, automotive solutions and a broad range of advanced multimedia products such as smartphones, tablets, digital televisions, 5G, Voice Assistant Devices (VAD) and wearables. MediaTek empowers and inspires people to expand their horizons and achieve their goals through smart technology, more easily and efficiently than ever before. We work with the brands you love to make great technology accessible to everyone, and it drives everything we do. Visitwww.mediatek.comfor more information. MediaTek Press Office: [emailprotected] Kevin Keating, MediaTek+1- 206-321-729510188 Telesis Ct #500, San Diego, CA 92121, USASOURCE MediaTek Inc. Related Links http://www.mediatek.com
edtsum177
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, Jan. 26, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EDSA, PHUN, VTNR, ECOR, and SELB. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. EDSA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=EDSA&prnumber=012620211 PHUN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=PHUN&prnumber=012620211 VTNR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VTNR&prnumber=012620211 ECOR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ECOR&prnumber=012620211 SELB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=SELB&prnumber=012620211 (Note: You may have to copy this link into your browser then press the [ENTER] key.) InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment. SOURCE InvestorsObserver Related Links http://www.investorsobserver.com Answer:
Thinking about buying stock in Edesa Biotech, Phunware, Vertex Energy, electroCore, or Selecta Biosciences?
NEW YORK, Jan. 26, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EDSA, PHUN, VTNR, ECOR, and SELB. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. EDSA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=EDSA&prnumber=012620211 PHUN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=PHUN&prnumber=012620211 VTNR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VTNR&prnumber=012620211 ECOR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ECOR&prnumber=012620211 SELB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=SELB&prnumber=012620211 (Note: You may have to copy this link into your browser then press the [ENTER] key.) InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment. SOURCE InvestorsObserver Related Links http://www.investorsobserver.com
edtsum178
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION (a) Full name of discloser: Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Signature Aviation plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 5th May 2021 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state N/A No 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 37p ordinary (GB00BKDM7X41) Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: - - - - (2) Cash-settled derivatives: 21,160,831 2.553% 29,165 0.004% (3) Stock-settled derivatives (including options) and agreements to purchase/sell: - - - - TOTAL: 21,160,831 2.553% 29,165 0.004% All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit GB00BKDM7X41 Equity Swap Reducing a long position 15 4.03 GBP GB00BKDM7X41 Equity Swap Increasing a long position 10,466 4.02 GBP GB00BKDM7X41 Equity Swap Increasing a long position 6,088 4.02 GBP GB00BKDM7X41 Equity Swap Increasing a long position 76,000 5.59 USD (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none NONE (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none NONE (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 6th May 2021 Contact name: Milos Naumovic Telephone number: +44 203 650 8203 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk. Answer:
Form 8.3 - Signature Aviation plc
LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION (a) Full name of discloser: Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Signature Aviation plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 5th May 2021 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state N/A No 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 37p ordinary (GB00BKDM7X41) Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: - - - - (2) Cash-settled derivatives: 21,160,831 2.553% 29,165 0.004% (3) Stock-settled derivatives (including options) and agreements to purchase/sell: - - - - TOTAL: 21,160,831 2.553% 29,165 0.004% All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit GB00BKDM7X41 Equity Swap Reducing a long position 15 4.03 GBP GB00BKDM7X41 Equity Swap Increasing a long position 10,466 4.02 GBP GB00BKDM7X41 Equity Swap Increasing a long position 6,088 4.02 GBP GB00BKDM7X41 Equity Swap Increasing a long position 76,000 5.59 USD (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none NONE (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none NONE (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 6th May 2021 Contact name: Milos Naumovic Telephone number: +44 203 650 8203 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.
edtsum179
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: LONDON--(BUSINESS WIRE)--Global dumbbells market is set to grow by USD 272.46 million during 2020-2024 and register a CAGR of over 3%, according to the latest market research report by Technavio. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Get a Free Sample Report Delivered Instantly The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. A&D Sports Ltd., Amer Sports Corp., Core Health & Fitness LLC, Coulter Ventures LLC, Exercycle SL, gym80 International GmbH, KPS Capital Partners LP, Nautilus Inc., TECHNOGYM Spa, and Watson Gym Equipment. are some of the major market participants. The increased demand for home fitness equipment will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Dumbbells Market 2020-2024: Segmentation Dumbbells Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43382 Dumbbells Market 2020-2024: Vendor Analysis and Scope To help businesses improve their market position, the dumbbells market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include A&D Sports Ltd., Amer Sports Corp., Core Health & Fitness LLC, Coulter Ventures LLC, Exercycle SL, gym80 International GmbH, KPS Capital Partners LP, Nautilus Inc., TECHNOGYM Spa, and Watson Gym Equipment. The report also covers the following areas: Market trends such as the adoption of fitness-related initiatives by corporates are likely to emerge as one of the primary drivers of the market. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Backed with competitive intelligence and benchmarking, our research reports on the dumbbells market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support. Related Reports on Consumer Discretionary Include: Global Connected Gym Equipment Market - Global connected gym equipment market is segmented by product (cardiovascular training equipment and strength training equipment), end-user (residential users and commercial users), and geographic landscape (North America, Europe, APAC, MEA, and South America). Click Here to Get an Exclusive Free Sample Report Global Gym and Health Clubs Market - Global gym and health clubs market is segmented by service (membership fees, personal training and instruction services, and total admission fee) and geography (North America, Europe, APAC, South America, and MEA). Click Here to Get an Exclusive Free Sample Report Dumbbells Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Distribution channel Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix Technavios in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal. Receive Latest Free Sample Report in Minutes About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Answer:
$ 272 Million Growth in Dumbbells Market During 2020-2024 | Increased Demand for Home Fitness Equipment to Upheave Growth | Technavio
LONDON--(BUSINESS WIRE)--Global dumbbells market is set to grow by USD 272.46 million during 2020-2024 and register a CAGR of over 3%, according to the latest market research report by Technavio. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Get a Free Sample Report Delivered Instantly The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. A&D Sports Ltd., Amer Sports Corp., Core Health & Fitness LLC, Coulter Ventures LLC, Exercycle SL, gym80 International GmbH, KPS Capital Partners LP, Nautilus Inc., TECHNOGYM Spa, and Watson Gym Equipment. are some of the major market participants. The increased demand for home fitness equipment will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Dumbbells Market 2020-2024: Segmentation Dumbbells Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43382 Dumbbells Market 2020-2024: Vendor Analysis and Scope To help businesses improve their market position, the dumbbells market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include A&D Sports Ltd., Amer Sports Corp., Core Health & Fitness LLC, Coulter Ventures LLC, Exercycle SL, gym80 International GmbH, KPS Capital Partners LP, Nautilus Inc., TECHNOGYM Spa, and Watson Gym Equipment. The report also covers the following areas: Market trends such as the adoption of fitness-related initiatives by corporates are likely to emerge as one of the primary drivers of the market. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Backed with competitive intelligence and benchmarking, our research reports on the dumbbells market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support. Related Reports on Consumer Discretionary Include: Global Connected Gym Equipment Market - Global connected gym equipment market is segmented by product (cardiovascular training equipment and strength training equipment), end-user (residential users and commercial users), and geographic landscape (North America, Europe, APAC, MEA, and South America). Click Here to Get an Exclusive Free Sample Report Global Gym and Health Clubs Market - Global gym and health clubs market is segmented by service (membership fees, personal training and instruction services, and total admission fee) and geography (North America, Europe, APAC, South America, and MEA). Click Here to Get an Exclusive Free Sample Report Dumbbells Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Distribution channel Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix Technavios in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal. Receive Latest Free Sample Report in Minutes About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
edtsum180
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN--(BUSINESS WIRE)--The "Cannabis Heat-Not-Burn Products: Technical Analysis of Vaporization Technologies for Cannabis Heated Sticks" report has been added to ResearchAndMarkets.com's offering. The report includes complete technical analysis of all existent to the date of the report mass-market products: Aim of the report is to examine existent heating solutions for cannabis heated sticks, answer the question are they the copy-cats of existent tobacco heat-not-burn devices or use their own technology solution. In this report, we provide complete data about technical parameters, and results of professional tests of cannabis-related e-devices, review the internal structure of cannabis heated sticks. In the result of analysis, we had a complete technical view on all current aspects of cannabis heat-not-burn technology development. During the cannabis e-devices teardown were found technological innovation earlier never met in conventional tobacco heat-not-burn industry. Classic heat-not-burn industry driven by big tobacco giants has a lot of developments and real products like IQOS and Heets, glo and Neosticks and so on. Using the successful format of heated products like Heets, certain cannabis companies in USA and Canada launched their own heat-not-burn products in cannabis vaporizers industry. Well known, that vaporization temperature of tobacco material and cannabis or hemp differs in temperature and heating curve. Thus, range of temperature for tobacco heated material in existent tobacco heated products is 240-350 C, meanwhile for regular dry herb cannabis flower recommended temperatures for vaporization is 160-180C (CBD activation), and near 157C for THC activation. The recommended temperature for isolating cannabinoids imposes certain technological restrictions to design of vaporization technologies for cannabis heated sticks, as well as for conventional dry herb cannabis vaporizers. Key Topics Covered: Executive summary 1. Elon cannabis heat-not-burn device technical analysis 2. Omura Series 1 heat-not-burn device technical analysis 3. Omura Series X heat-not-burn device technical analysis 4. Heated cannabis sticks analysis References Companies Mentioned For more information about this report visit https://www.researchandmarkets.com/r/adsnt3 Answer:
Cannabis Heat-Not-Burn Products Analysis 2021 Featuring British American Tobacco, E1011 Labs, Elon Labs, Flat Planet, Omura & Philip Morris - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Cannabis Heat-Not-Burn Products: Technical Analysis of Vaporization Technologies for Cannabis Heated Sticks" report has been added to ResearchAndMarkets.com's offering. The report includes complete technical analysis of all existent to the date of the report mass-market products: Aim of the report is to examine existent heating solutions for cannabis heated sticks, answer the question are they the copy-cats of existent tobacco heat-not-burn devices or use their own technology solution. In this report, we provide complete data about technical parameters, and results of professional tests of cannabis-related e-devices, review the internal structure of cannabis heated sticks. In the result of analysis, we had a complete technical view on all current aspects of cannabis heat-not-burn technology development. During the cannabis e-devices teardown were found technological innovation earlier never met in conventional tobacco heat-not-burn industry. Classic heat-not-burn industry driven by big tobacco giants has a lot of developments and real products like IQOS and Heets, glo and Neosticks and so on. Using the successful format of heated products like Heets, certain cannabis companies in USA and Canada launched their own heat-not-burn products in cannabis vaporizers industry. Well known, that vaporization temperature of tobacco material and cannabis or hemp differs in temperature and heating curve. Thus, range of temperature for tobacco heated material in existent tobacco heated products is 240-350 C, meanwhile for regular dry herb cannabis flower recommended temperatures for vaporization is 160-180C (CBD activation), and near 157C for THC activation. The recommended temperature for isolating cannabinoids imposes certain technological restrictions to design of vaporization technologies for cannabis heated sticks, as well as for conventional dry herb cannabis vaporizers. Key Topics Covered: Executive summary 1. Elon cannabis heat-not-burn device technical analysis 2. Omura Series 1 heat-not-burn device technical analysis 3. Omura Series X heat-not-burn device technical analysis 4. Heated cannabis sticks analysis References Companies Mentioned For more information about this report visit https://www.researchandmarkets.com/r/adsnt3
edtsum181
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NORWALK, Conn., SHANGHAI and HONG KONG, March7, 2021 /PRNewswire/ -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information and analytical applications, and Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", HKEX: 2318; SSE: 601318) today announced a joint offering for investors considering environmental, social and corporate governance (ESG) metrics for companies incorporated in China. The offering will be launched by FactSet and Ping An's associate company OneConnect Financial Technology Co., Ltd. (hereafter "OneConnect",NYSE:OCFT), a leading technology-as-a-service platform for financial institutions in China. FactSet will integrate OneConnect's artificial intelligence (AI)-driven ESG content sets into its workstations, standard data feed, and application programming interfaces (APIs) to accelerate the availability of ESG metrics for over 3,500 Chinese class A-share companies. OneConnect offers comprehensive coverage of ESG factors and assessments for companies listed on the Shanghai and Shenzhen Stock Exchanges. These factors are derived from a combination of different sources of information obtained by AI technologies, such as natural language processing (NLP). OneConnect also provides a range of analytics tools in addition to the content that will be integrated into FactSet, such as NLP-driven disclosure transparency assessments, portfolio sustainability performance evaluation and adjustment, and a climate risk evaluation tool to help investors better integrate ESG measurements into their investment processes. "ESG investing is accelerating globally and client demand is high for information on companies in China," said Tom Griffiths, Senior Vice President, Asia Pacific, FactSet. "Working with Ping An to strengthen FactSet's ESG offering is an exciting step as we further expand integrated workflow solutions for our global client base. Combining OneConnect's leading content with FactSet's suite of applications will offer investment professionals a differentiated perspective on ESG impacts in the Chinese market." "We are excited to build this partnership with FactSet," said Ye Wangchun, Chairman and CEO of OneConnect. "By integrating OneConnect's AI-ESG information sets into FactSet's powerful investment data and technology platform, investors can expand both the breadth and depth of their ESG investments, drawing on a broader set of China-focused ESG content and tools." OneConnect's ESG content will be available in the coming months in the FactSet workstation as well as via standard data feed and APIs. For more information, please visit:https://www.factset.com/solutions/business-needs/esg-solutions. About FactSet FactSet (NYSE:FDS |NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 138,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly scored 100 by the Human Rights Campaign Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more atwww.factset.comand follow us on Twitter: www.twitter.com/factset. About Ping An Group Ping An Insurance (Group) Company of China, Ltd. ("Ping An") is a world-leading technology-powered retail financial services group. With over 218 million retail customers and 598 million Internet users, Ping An is one of the largest financial services companies in the world. Ping An focuses on two over-arching domains of activity, "pan financial assets" and "pan health care", covering the provision of financial and health care services through our integrated financial services platform and our ecosystems; in financial services, health care, auto services and smart city services. Our "finance + technology" and "finance + ecosystem" transformation strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China's first joint stock insurance company, Ping An is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai. In 2020, Ping An ranked 7th in the Forbes Global 2000 list and ranked 21st in the Fortune Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZTM Top 100 Most Valuable Global Brands list. For more information, please visit www.group.pingan.comand follow us on LinkedIn - PING AN. About OneConnect OneConnect is a leading technology-as-a-service platform for financial institutions in China. The Company's platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology. The Company's solutions provide technology applications and technology-enabled business services to financial institutions. Together they enable the Company's customers' digital transformations, which help them increase revenue, manage risks, improve efficiency, enhance service quality and reduce costs. Our technology-as-a-service platform strategically covers multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses from sales and marketing and risk management to customer services, as well as technology infrastructure such as data management, program development, and cloud services. SOURCE OneConnect; FactSet; Ping An Answer:
FactSet and Ping An to Offer Investors ESG Content and Analytics on Chinese Companies
NORWALK, Conn., SHANGHAI and HONG KONG, March7, 2021 /PRNewswire/ -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information and analytical applications, and Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", HKEX: 2318; SSE: 601318) today announced a joint offering for investors considering environmental, social and corporate governance (ESG) metrics for companies incorporated in China. The offering will be launched by FactSet and Ping An's associate company OneConnect Financial Technology Co., Ltd. (hereafter "OneConnect",NYSE:OCFT), a leading technology-as-a-service platform for financial institutions in China. FactSet will integrate OneConnect's artificial intelligence (AI)-driven ESG content sets into its workstations, standard data feed, and application programming interfaces (APIs) to accelerate the availability of ESG metrics for over 3,500 Chinese class A-share companies. OneConnect offers comprehensive coverage of ESG factors and assessments for companies listed on the Shanghai and Shenzhen Stock Exchanges. These factors are derived from a combination of different sources of information obtained by AI technologies, such as natural language processing (NLP). OneConnect also provides a range of analytics tools in addition to the content that will be integrated into FactSet, such as NLP-driven disclosure transparency assessments, portfolio sustainability performance evaluation and adjustment, and a climate risk evaluation tool to help investors better integrate ESG measurements into their investment processes. "ESG investing is accelerating globally and client demand is high for information on companies in China," said Tom Griffiths, Senior Vice President, Asia Pacific, FactSet. "Working with Ping An to strengthen FactSet's ESG offering is an exciting step as we further expand integrated workflow solutions for our global client base. Combining OneConnect's leading content with FactSet's suite of applications will offer investment professionals a differentiated perspective on ESG impacts in the Chinese market." "We are excited to build this partnership with FactSet," said Ye Wangchun, Chairman and CEO of OneConnect. "By integrating OneConnect's AI-ESG information sets into FactSet's powerful investment data and technology platform, investors can expand both the breadth and depth of their ESG investments, drawing on a broader set of China-focused ESG content and tools." OneConnect's ESG content will be available in the coming months in the FactSet workstation as well as via standard data feed and APIs. For more information, please visit:https://www.factset.com/solutions/business-needs/esg-solutions. About FactSet FactSet (NYSE:FDS |NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 138,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly scored 100 by the Human Rights Campaign Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more atwww.factset.comand follow us on Twitter: www.twitter.com/factset. About Ping An Group Ping An Insurance (Group) Company of China, Ltd. ("Ping An") is a world-leading technology-powered retail financial services group. With over 218 million retail customers and 598 million Internet users, Ping An is one of the largest financial services companies in the world. Ping An focuses on two over-arching domains of activity, "pan financial assets" and "pan health care", covering the provision of financial and health care services through our integrated financial services platform and our ecosystems; in financial services, health care, auto services and smart city services. Our "finance + technology" and "finance + ecosystem" transformation strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China's first joint stock insurance company, Ping An is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai. In 2020, Ping An ranked 7th in the Forbes Global 2000 list and ranked 21st in the Fortune Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZTM Top 100 Most Valuable Global Brands list. For more information, please visit www.group.pingan.comand follow us on LinkedIn - PING AN. About OneConnect OneConnect is a leading technology-as-a-service platform for financial institutions in China. The Company's platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology. The Company's solutions provide technology applications and technology-enabled business services to financial institutions. Together they enable the Company's customers' digital transformations, which help them increase revenue, manage risks, improve efficiency, enhance service quality and reduce costs. Our technology-as-a-service platform strategically covers multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses from sales and marketing and risk management to customer services, as well as technology infrastructure such as data management, program development, and cloud services. SOURCE OneConnect; FactSet; Ping An
edtsum182
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN--(BUSINESS WIRE)--The "Hemoglobin A1C Monitoring - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Hemoglobin A1C Monitoring Market to Reach $1.7 Billion by 2027 Amid the COVID-19 crisis, the global market for Hemoglobin A1C Monitoring estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 7.8% over the analysis period 2020-2027. Ion-Exchange High Performance Liquid Chromatography (HPLC), one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$734.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Immunoassays segment is readjusted to a revised 7.6% CAGR for the next 7-year period. The U.S. Market is Estimated at $275.9 Million, While China is Forecast to Grow at 11.8% CAGR The Hemoglobin A1C Monitoring market in the U.S. is estimated at US$275.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$392.3 Million by the year 2027 trailing a CAGR of 11.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR. Boronate Affinity Chromatography Segment to Record 7.2% CAGR In the global Boronate Affinity Chromatography segment, USA, Canada, Japan, China and Europe will drive the 6.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$122 Million in the year 2020 will reach a projected size of US$191.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$237.4 Million by the year 2027, while Latin America will expand at a 8.5% CAGR through the analysis period. Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW 2. FOCUS ON SELECT PLAYERS (Total 28 Featured): 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITION For more information about this report visit https://www.researchandmarkets.com/r/j5ibze About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Answer:
Global Hemoglobin A1C Monitoring Market Report 2021: Market to Reach $1.7 Billion by 2027 - Ion-Exchange High Performance Liquid Chromatography (HPLC) Segment to Account for $734.8 Billion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Hemoglobin A1C Monitoring - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Hemoglobin A1C Monitoring Market to Reach $1.7 Billion by 2027 Amid the COVID-19 crisis, the global market for Hemoglobin A1C Monitoring estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 7.8% over the analysis period 2020-2027. Ion-Exchange High Performance Liquid Chromatography (HPLC), one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$734.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Immunoassays segment is readjusted to a revised 7.6% CAGR for the next 7-year period. The U.S. Market is Estimated at $275.9 Million, While China is Forecast to Grow at 11.8% CAGR The Hemoglobin A1C Monitoring market in the U.S. is estimated at US$275.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$392.3 Million by the year 2027 trailing a CAGR of 11.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR. Boronate Affinity Chromatography Segment to Record 7.2% CAGR In the global Boronate Affinity Chromatography segment, USA, Canada, Japan, China and Europe will drive the 6.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$122 Million in the year 2020 will reach a projected size of US$191.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$237.4 Million by the year 2027, while Latin America will expand at a 8.5% CAGR through the analysis period. Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW 2. FOCUS ON SELECT PLAYERS (Total 28 Featured): 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITION For more information about this report visit https://www.researchandmarkets.com/r/j5ibze About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
edtsum183
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, April 5, 2021 /PRNewswire/ --The food delivery services market is expected to grow by $ 215.56 bn, progressing at a CAGR of over12% during the forecast period. The growing mergers and acquisitions is one of the major factors propelling the market growth. However, factors such as growing threat from direct delivery services will hamper the market growth. More details:Download Free Sample ReportFood Delivery Services Market: Market Landscape LandscapeBased on the market landscapes, the order-focused segment is expected to witness lucrative growth during the forecast period.Food Delivery Services Market: Geographic LandscapeBy geography, APAC is going to have a lucrative growth during the forecast period. About 62% of the market's overall growth is expected to originate from APAC. China is the key market for food delivery services market in APAC.The increasing partnerships between restaurants and food delivery service providerswill significantly influence the food delivery services market's growth in this region.Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.Enquire Before BuyingRelated Reports onConsumer DiscretionaryInclude: Wealth Management Market by Geography - Forecast and Analysis 2021-2025-The wealth management market size has the potential to grow by USD 318.95 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 7.61%. Receive FREE sample report in minutes Education Market in UAE by Ownership and End-user - Forecast and Analysis 2021-2025- The education market size in UAE has the potential to grow by USD 97.12 thousand during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 1.58%. Receive FREE sample report in minutes Companies Covered: Alibaba Group Holding Ltd. Delivery Hero SE Glovoapp23 SL Grab Holdings Inc. Just Eat Plc Meituan Dianping Postmates Inc. Roofoods Ltd. Just Eat Takeaway.com NV and Zomato Media Pvt. Ltd. What our reports offer: Market share assessments for the regional and country-level segments Strategic recommendations for the new entrants Covers market data for 2020, 2021, until 2025 Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.Register for a free trial today and gain instant access to 17,000+ market research reports.Download Free Sample ReportKey Topics Covered:Executive SummaryMarket Landscape Market ecosystem Value chain analysis Market Sizing Market definition Market segment analysis Market size 2019 Market outlook: Forecast for 2019 - 2024 Five Forces Analysis Five forces summary Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition Market Segmentation by Business Segment Market segments Comparison by Business Segment Order focused - Market size and forecast 2019-2024 Logistics focused - Market size and forecast 2019-2024 Market opportunity by Business Segment Customer landscapeGeographic Landscape Geographic segmentation Geographic comparison APAC - Market size and forecast 2019-2024 North America - Market size and forecast 2019-2024 Europe - Market size and forecast 2019-2024 South America - Market size and forecast 2019-2024 MEA - Market size and forecast 2019-2024 Key leading countries Market opportunity by geography Volume drivers Demand led growth Market challenges Market trends Vendor Landscape Overview Vendor landscape Landscape disruption Vendor Analysis Vendors covered Market positioning of vendors Alibaba Group Holding Ltd. Delivery Hero SE Glovoapp23 SL Grab Holdings Inc. Just Eat Plc Meituan Dianping Postmates Inc. Roofoods Ltd. Just Eat Takeaway.com NV Zomato Media Pvt. Ltd. Appendix Scope of the report Currency conversion rates for US$ Research methodology List of abbreviations About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[emailprotected]Website:www.technavio.com/More Details:Download Free PDF Brochure before BuyingSOURCE Technavio Related Links http://www.technavio.com/ Answer:
Food Delivery Services Market 2020-2024: Industry Analysis, Market Trends, Growth, Opportunities and Forecast |Technavio
NEW YORK, April 5, 2021 /PRNewswire/ --The food delivery services market is expected to grow by $ 215.56 bn, progressing at a CAGR of over12% during the forecast period. The growing mergers and acquisitions is one of the major factors propelling the market growth. However, factors such as growing threat from direct delivery services will hamper the market growth. More details:Download Free Sample ReportFood Delivery Services Market: Market Landscape LandscapeBased on the market landscapes, the order-focused segment is expected to witness lucrative growth during the forecast period.Food Delivery Services Market: Geographic LandscapeBy geography, APAC is going to have a lucrative growth during the forecast period. About 62% of the market's overall growth is expected to originate from APAC. China is the key market for food delivery services market in APAC.The increasing partnerships between restaurants and food delivery service providerswill significantly influence the food delivery services market's growth in this region.Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.Enquire Before BuyingRelated Reports onConsumer DiscretionaryInclude: Wealth Management Market by Geography - Forecast and Analysis 2021-2025-The wealth management market size has the potential to grow by USD 318.95 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 7.61%. Receive FREE sample report in minutes Education Market in UAE by Ownership and End-user - Forecast and Analysis 2021-2025- The education market size in UAE has the potential to grow by USD 97.12 thousand during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 1.58%. Receive FREE sample report in minutes Companies Covered: Alibaba Group Holding Ltd. Delivery Hero SE Glovoapp23 SL Grab Holdings Inc. Just Eat Plc Meituan Dianping Postmates Inc. Roofoods Ltd. Just Eat Takeaway.com NV and Zomato Media Pvt. Ltd. What our reports offer: Market share assessments for the regional and country-level segments Strategic recommendations for the new entrants Covers market data for 2020, 2021, until 2025 Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.Register for a free trial today and gain instant access to 17,000+ market research reports.Download Free Sample ReportKey Topics Covered:Executive SummaryMarket Landscape Market ecosystem Value chain analysis Market Sizing Market definition Market segment analysis Market size 2019 Market outlook: Forecast for 2019 - 2024 Five Forces Analysis Five forces summary Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition Market Segmentation by Business Segment Market segments Comparison by Business Segment Order focused - Market size and forecast 2019-2024 Logistics focused - Market size and forecast 2019-2024 Market opportunity by Business Segment Customer landscapeGeographic Landscape Geographic segmentation Geographic comparison APAC - Market size and forecast 2019-2024 North America - Market size and forecast 2019-2024 Europe - Market size and forecast 2019-2024 South America - Market size and forecast 2019-2024 MEA - Market size and forecast 2019-2024 Key leading countries Market opportunity by geography Volume drivers Demand led growth Market challenges Market trends Vendor Landscape Overview Vendor landscape Landscape disruption Vendor Analysis Vendors covered Market positioning of vendors Alibaba Group Holding Ltd. Delivery Hero SE Glovoapp23 SL Grab Holdings Inc. Just Eat Plc Meituan Dianping Postmates Inc. Roofoods Ltd. Just Eat Takeaway.com NV Zomato Media Pvt. Ltd. Appendix Scope of the report Currency conversion rates for US$ Research methodology List of abbreviations About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[emailprotected]Website:www.technavio.com/More Details:Download Free PDF Brochure before BuyingSOURCE Technavio Related Links http://www.technavio.com/
edtsum184
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK--(BUSINESS WIRE)--Nuveen today announced that the Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) declared a post-reorganization distribution. This distribution follows the pre-reorganization distribution, announced on January 26, 2021. The following dates apply to today's post-reorganization distribution declaration: Record Date February 18, 2021 Ex-Dividend Date February 17, 2021 Payable Date March 1, 2021 Per Share Distribution Ticker Exchange Fund Name Tax-Exempt Income NEA NYSE Nuveen AMT-Free Quality Municipal Income Fund $0.0241 As previously indicated in the announcement of the pre-reorganization distribution declared January 26, 2021, payable March 1, 2021, NEA is declaring an additional distribution, payable March 1, 2021 to ensure that the total dollar amount of the pre- and post-merger distributions received on March 1, 2021 will be equal to or greater than the prior monthly distributions of each of NUM and NEA. For more information about UNII, the fund, and the shareholder-approved reorganizations, please visit www.nuveen.com/CEF or contact: About Nuveen Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.2 trillion in assets under management as of 31 Dec 2020 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com. Nuveen Securities, LLC, member FINRA and SIPC. FORWARD LOOKING STATEMENTS Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to: Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement. The information contained on the Nuveen website is not a part of this press release. EPS-1514958PR-E0221X Answer:
Nuveen Closed-End Fund Declares Post-Reorganization Distribution
NEW YORK--(BUSINESS WIRE)--Nuveen today announced that the Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) declared a post-reorganization distribution. This distribution follows the pre-reorganization distribution, announced on January 26, 2021. The following dates apply to today's post-reorganization distribution declaration: Record Date February 18, 2021 Ex-Dividend Date February 17, 2021 Payable Date March 1, 2021 Per Share Distribution Ticker Exchange Fund Name Tax-Exempt Income NEA NYSE Nuveen AMT-Free Quality Municipal Income Fund $0.0241 As previously indicated in the announcement of the pre-reorganization distribution declared January 26, 2021, payable March 1, 2021, NEA is declaring an additional distribution, payable March 1, 2021 to ensure that the total dollar amount of the pre- and post-merger distributions received on March 1, 2021 will be equal to or greater than the prior monthly distributions of each of NUM and NEA. For more information about UNII, the fund, and the shareholder-approved reorganizations, please visit www.nuveen.com/CEF or contact: About Nuveen Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.2 trillion in assets under management as of 31 Dec 2020 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com. Nuveen Securities, LLC, member FINRA and SIPC. FORWARD LOOKING STATEMENTS Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to: Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement. The information contained on the Nuveen website is not a part of this press release. EPS-1514958PR-E0221X
edtsum185
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: SYDNEY--(BUSINESS WIRE)--SafetyCulture, the global operations platform which empowers working teams to drive improvements in the workplace, has today announced a A$2.2 billion valuation (approx. GBP 1.2 billion), smashing past its previous unicorn status from April 2020. The funding led by Insight Partners, a leading global ScaleUp software investor, and joined by existing investors Tiger Global, Index Ventures and Blackbird, will support the expansion of the business as it continues to evolve from a checklist app into an operations platform for working teams. SafetyCulture currently helps 28,000 companies improve every day by streamlining the flow of critical information through their user-friendly, mobile-first platform. We recently surpassed 100 million completed inspections in our flagship product, iAuditor, and this new funding allows us to continue that momentum, said Luke Anear, Founder and CEO, SafetyCulture. It also allows us to invest in the development of our platform which will ensure the information captured by workers can easily be acted upon to improve quality, efficiency, and safety in the workplace. Strategic growth investments and acquisitions will remain a key focus. Following the acquisition of online microlearning app, EdApp, last year, were looking at other great innovations which will transform the experience for millions of working teams around the world, Anear continued. SafetyCultures funding and new valuation was based on its progress in delivering value to a broader operational user base and its continued growth across a wide range of industries, including manufacturing, hospitality, retail and logistics. The company has attracted over 1.5M users to sign up to its platform in more than 85 countries. SafetyCultures growth is testament to the company's deep understanding of the challenges working teams face in distributed work environments and their ability to consistently deliver innovative solutions to help these businesses improve every day, said Teddie Wardi, Managing Director at Insight Partners. It has been phenomenal to see what the SafetyCulture team has achieved over the last few years. Were thrilled to be supporting such a passionate and dedicated team deliver great solutions to the working world. SafetyCultures employee base has grown 2.5 times in the last three years. It plans to continue the same hiring trajectory for the foreseeable future as it rapidly expands its global product and engineering teams. SafetyCultures most recent funding follows its unicorn valuation of A$1.3 billion (approx. GBP 726 million) last April after securing A$60.5 million (approx. GBP 33.8 million) from TDM Growth Partners, alongside Blackbird Ventures, Index Ventures, former Australian prime minister Malcolm Turnbull and his wife Lucy Turnbull, and Atlassian co-founder Scott Farquhar (through his investment vehicle Skip Capital led by his wife Kim Jackson). Earlier this year, SafetyCulture was recognised as one of the Best Companies to Work For and a 'Great Place to Work' in the UK. To explore current roles at SafetyCulture visit https://safetyculture.com/careers/. ## ENDS ## Notes to editors Conversions are based on an exchange rate of 1 AUD = 0.558495 GBP, listed on xe.com on 26 April 2021. About SafetyCulture SafetyCulture is the operational heartbeat of working teams around the world. Its mobile-first operations platform leverages the power of human observation to identify issues and opportunities for businesses to improve everyday. More than 28,000 organisations use its flagship products, iAuditor and EdApp, to perform checks, train staff, report issues, automate tasks and communicate fluidly. SafetyCulture powers over 600 million checks per year, approximately 50,000 lessons per day and millions of corrective actions, giving leaders visibility and workers a voice, in driving safety, quality and efficiency improvements. About Insight Partners Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insights mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. Answer:
SafetyCultures Valuation Reaches A$2.2 Billion Global technology companys valuation soars after A$99 million funding round led by global venture capital and private equity firm Insight Partners
SYDNEY--(BUSINESS WIRE)--SafetyCulture, the global operations platform which empowers working teams to drive improvements in the workplace, has today announced a A$2.2 billion valuation (approx. GBP 1.2 billion), smashing past its previous unicorn status from April 2020. The funding led by Insight Partners, a leading global ScaleUp software investor, and joined by existing investors Tiger Global, Index Ventures and Blackbird, will support the expansion of the business as it continues to evolve from a checklist app into an operations platform for working teams. SafetyCulture currently helps 28,000 companies improve every day by streamlining the flow of critical information through their user-friendly, mobile-first platform. We recently surpassed 100 million completed inspections in our flagship product, iAuditor, and this new funding allows us to continue that momentum, said Luke Anear, Founder and CEO, SafetyCulture. It also allows us to invest in the development of our platform which will ensure the information captured by workers can easily be acted upon to improve quality, efficiency, and safety in the workplace. Strategic growth investments and acquisitions will remain a key focus. Following the acquisition of online microlearning app, EdApp, last year, were looking at other great innovations which will transform the experience for millions of working teams around the world, Anear continued. SafetyCultures funding and new valuation was based on its progress in delivering value to a broader operational user base and its continued growth across a wide range of industries, including manufacturing, hospitality, retail and logistics. The company has attracted over 1.5M users to sign up to its platform in more than 85 countries. SafetyCultures growth is testament to the company's deep understanding of the challenges working teams face in distributed work environments and their ability to consistently deliver innovative solutions to help these businesses improve every day, said Teddie Wardi, Managing Director at Insight Partners. It has been phenomenal to see what the SafetyCulture team has achieved over the last few years. Were thrilled to be supporting such a passionate and dedicated team deliver great solutions to the working world. SafetyCultures employee base has grown 2.5 times in the last three years. It plans to continue the same hiring trajectory for the foreseeable future as it rapidly expands its global product and engineering teams. SafetyCultures most recent funding follows its unicorn valuation of A$1.3 billion (approx. GBP 726 million) last April after securing A$60.5 million (approx. GBP 33.8 million) from TDM Growth Partners, alongside Blackbird Ventures, Index Ventures, former Australian prime minister Malcolm Turnbull and his wife Lucy Turnbull, and Atlassian co-founder Scott Farquhar (through his investment vehicle Skip Capital led by his wife Kim Jackson). Earlier this year, SafetyCulture was recognised as one of the Best Companies to Work For and a 'Great Place to Work' in the UK. To explore current roles at SafetyCulture visit https://safetyculture.com/careers/. ## ENDS ## Notes to editors Conversions are based on an exchange rate of 1 AUD = 0.558495 GBP, listed on xe.com on 26 April 2021. About SafetyCulture SafetyCulture is the operational heartbeat of working teams around the world. Its mobile-first operations platform leverages the power of human observation to identify issues and opportunities for businesses to improve everyday. More than 28,000 organisations use its flagship products, iAuditor and EdApp, to perform checks, train staff, report issues, automate tasks and communicate fluidly. SafetyCulture powers over 600 million checks per year, approximately 50,000 lessons per day and millions of corrective actions, giving leaders visibility and workers a voice, in driving safety, quality and efficiency improvements. About Insight Partners Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insights mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all.
edtsum186
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: MORRISTOWN, N.J., Aug.10, 2020 /PRNewswire/ -- ProSight Global, Inc. (NYSE: PROS) (ProSight) today reported results for the second quarter of 2020. Highlights for the three months ended June 30, 2020 include: Record net income from continuing operations of $17.3 million and adjusted operating income(1) of $16.9 million with annualized return on equity ("ROE") of 12.9% and adjusted operating ROE (2) of 12.6%. Record diluted book value per share ("BVPS") of $12.84 compared to $10.73 as of March 31, 2020. Book value per share was $12.01 as of December 31, 2019. Rate execution of 10.5% excluding workers comp and 8.8% including workers comp with acceleration throughout the quarter. Combined ratio of 99.6% compared to 98.1% for the second quarter of 2019, representing the tenth consecutive quarter of underwriting profit at ProSight. Loss ratio of 61.9% compared to 62.8% (61.7% adjusted for the effect of WAQS (3)) for the second quarter of 2019. The current quarter includes 2.0 points of catastrophe losses from civil unrest vs 1.5 points in the second quarter of 2019. Expense ratio of 37.7% compared to 35.3% (36.4% adjusted for the effect of WAQS (3)) for the second quarter of 2019. The current quarter includes $1.5 million, or 83 basis points, of COVID-19-related allowance for bad debt and reflects reduced earned premium associated with the impact of COVID-19. Excluding the $1.5 million allowance for bad debt, total general and administrative expenses were down 4.2% compared to the second quarter of 2019. Gross written premiums ("GWP") for our customer segments (4) decreased in line with our expectations by 19.9% to $184.2 million compared to the second quarter of 2019, due to the impact of COVID-19 on several of our niches. Closed on new credit facility that will refinance our existing debt on favorable terms upon maturity in November 2020. From CEO & President Larry Hannon: "Our thoughts are with all of those struggling from the ongoing impact of COVID-19 and we continue tostand withour Black friends, colleagues, and members of our community that are fighting for justice and equality. AtProSight, we are thankful for the outstanding effort of our employees, and the support of our customers and distribution partners during these difficult times. "This was a strong quarter.We produced an underwriting profit, generated a double-digit ROE, achieved a new milestone in book value per share,closed on a new credit facility which will refinance our debt on attractive terms, and made progress on several initiatives that we expect will accelerate our growth and profitability in 2021.Our rate execution was excellent in the quarter and the trend has continued into the third quarter. "Our underwriting, risk selection andexpense managementallowed us toremain solidly profitable and grow our book value per share. Weare executing well and expect to have a solid second half of the year with an improvement in our gross written premium versus the second quarter." Updated Outlook: "Looking at the third quarter and balance of 2020, we have somewhat greater visibility into our near-term operating results. This update represents our best estimates as of today for the full year: Customer Segment Gross Written Premium: 5-10% decline from 2019 versus the 10-20% communicated at the end of the first quarter. This excludes the decline from the previously announced exit from excess workers compensation. Net Loss Ratio: Potential for 0 to 1.5-point increase from COVID-19 related claims and expenses in the current accident year loss ratio versus the up-to-3-point increase we communicated at the end of the first quarter. Expenses: Continued higher costs from bad debt provisioning given state-mandated deferrals of collections and cancellations coupled with the economic impact of COVID-19 on some of our insureds. Net Investment Income: We expect our fixed income portfolio, excluding limited partnerships, to yield approximately 3% for 2020, consistent with the 3% we communicated at the end of the first quarter. Net investment income volatility for the remainder of 2020 remains possible from our limited partnership investments." Results of Operations for the three months ended June 30, 2020: Net income from continuing operations was$17.3 million,or $0.39 per diluted share, for the second quarter of 2020 compared to $8.7 million,or $0.22per diluted share, for the second quarter of 2019.Adjusted operating income(1)was $16.9 million, or $0.39 per diluted share, for the second quarter of 2020 compared to $14.2 million, or $0.36 per diluted share, for the second quarter of 2019. GWP including Other(3), decreased 20.7% for the second quarter of 2020 when compared to the second quarter of 2019. GWP(3)from customer segments was$184.2 millionfor the second quarter of 2020 compared to$230.0 millionfor the second quarter of 2019, a decrease of 19.9%, primarily due to the impact of COVID-19 on our Transportation and Media & Entertainment customer segments. Other GWP(3)were $2.2million for the second quarter of 2020 compared to $5.0 million for the second quarter of 2019, the decrease driven by the timing ofourexit from excess workers' compensation. Underwriting income(1)was$0.7 millionfor the second quarter of 2020 compared to$3.8 millionfor the second quarter of 2019. The combined ratio for the second quarter of 2020 was 99.6% compared to 98.1% for the second quarter of 2019. The decrease in underwriting income(1)was due to reduced earned premium and bad debt expense attributable to COVID-19: The expense ratio was 37.7% for the second quarter of 2020 compared to 35.3% in the second quarter of 2019, with the increase driven by reduced earned premium,an increase in our allowance for bad debt attributable to COVID-19, and a cedingcommission benefit from our Whole Account Quota Share ("WAQS")reinsurance agreementsin the second quarter of 2019.The policy acquisition expense ratio was 23.1% in the second quarter of 2020 compared to 22.5% in the second quarter of 2019. The general & administrative expense ratio, which includes the bad debt allowance, was 14.6% in the second quarter of 2020 compared to 12.8% in the second quarter of 2019. The loss ratio was 61.9% for the secondquarterof 2020 compared to 62.8% for the second quarter of 2019. Thecurrent accident yearloss ratio, excluding catastrophe losses and prior year development,for the second quarter of 2020was59.8% compared to62.6% in the second quarter of 2019. The current accident year loss ratio for the second quarter of 2020 includes $3.6 million (2.0 percentage points) of catastrophe losses due to civil unrest. The current accident year loss ratio for the second quarter of 2019 includes $3.0 million (1.5 percentage points) of catastrophe losses due to weather events. The loss ratio for the second quarter of 2020 included $0.3 million (0.1 percentage points) of unfavorable prior accident year loss development compared to $2.7 million (1.3 percentage points) of favorable prior accident year loss development in the second quarter of 2019. Net investment income increased by 36.7% to$23.8 millionfor the second quarter of 2020, compared to$17.4 million for the second quarter of 2019. The increase in net investment income was driven byunrealized gains from our limited partnerships and growth in the book value ofthe investmentportfolio of 12.7% to $2.3 billion, partially offset by a decline in investment yields on fixed maturity securities. Realized investment gains, net of realized losses, for the secondquarterof 2020 were $1.9 million compared to $0.1 million for the secondquarterof 2019 and include an increase to our credit loss allowance of $1.5 million. Total stockholders' equity was$586.1 million as of June 30, 2020, compared to $543.0 million as of December 31, 2019. Tangible stockholders' equity(5)was$556.9 million as of June 30, 2020, compared to $513.8 millionas of December 31, 2019. The increases in total stockholders' equity and tangible stockholders' equity(5)were driven by $24.6 million of net income in the first six months of 2020 and an increase in other comprehensiveincome of $15.3 million, driven by net unrealized gains on investment securities during the second quarter of 2020. Fully diluted book value per sharegrew by 6.9% to $12.84atJune 30, 2020, compared to $12.01 at December 31, 2019. Fully diluted tangible book value per share(5)increased by 7.4% to $12.21atJune 30, 2020, compared to $11.37atDecember 31, 2019. (1) Adjusted operating income and underwriting income are non-GAAP measures. See "Reconciliation of Non-GAAP Measures". (2) Return on equity is net income from continuing operations expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. Adjusted operating return on equity is a non-GAAP measure. Adjusted operating return on equity is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. (3)In connection with the divestment of our U.K. business, New York Marine as reinsured entered into the whole account quota share reinsurance agreements ("WAQS") with third party reinsurers to maintain reasonable underwriting leverage within New York Marine and its subsidiary insurance companies during a transition period following the U.K. divestment. The effective date of the WAQS was April 1, 2017.During 2018 and following the transition of the U.S. business back to New York Marine, the WAQS were terminated. Effective January 1, 2020, the WAQS was commuted at an amount equal to ceded reserves.The effect of the WAQS on our results of operations is primarily reflected in our ceded written premiums, losses and LAE, as well as our underwriting, acquisition and insurance expenses. (4)Total GWP for the second quarter of 2020 including Other were $186.4 million.Other includes GWP from certain niches that are no longer part of our customer segments. "Other" includes GWP from (i) primary and excess workers' compensation coverage for exited Self-Insured Groups (ii) niches exited prior to 2019, many with a concentration in commercial auto, (iii) certain fronting arrangements in which all premium written is ceded to a third party, (iv) participation in industry pools, and (v) emerging new business. (5) Tangible stockholders' equity and fully diluted tangible book value per share are non-GAAP measures.Tangible stockholders' equity is total stockholders' equity excluding the value of goodwill and other intangible assets. Fully diluted tangible book value per share is total stockholders' equity excludingthevalue of goodwill and other intangible assets divided by the number of commonshares outstanding, unvested restrictedshares and vested not issued shares. See "Reconciliation of Non-GAAP Measures". Conference Call As previously announced, on Tuesday, August 11, 2020at10:00 a.m. EST, ProSight senior management will host a conference call to discuss second quarter 2020 financial results. The call will be available via webcast at https://investors.prosightspecialty.com/or by accessing the online registration link here. A replay of the call will be available at 1:00 p.m. on Tuesday, August 11, 2020, until 11:59 p.m. Tuesday, August 18, 2020, and can be accessed by dialing (800) 585-8367 or (416) 621-4642. The webcast will be available one hour after the call concludes and will be archived on our website for one year. About ProSight Founded in 2009 and headquartered in Morristown, New Jersey, ProSight Global, Inc. is an innovative property and casualty insurance company that designs unique insurance solutions to help customers improve their business and realize value from their insurance purchasing decision. The company focuses on select niche industries, deploying differentiated underwriting and claims expertise with the goal of enhancing each customer's operating performance. ProSight's products are sold through a limited and select group of retail and wholesale distribution partners. Each of ProSight's regulated insurance company subsidiaries are rated "A-" (Excellent) by A.M. Best. ProSight's shares trade on the New York Stock Exchange ("NYSE") under the ticker symbol PROS. To learn more about ProSight visit www.prosightspecialty.com. Forward-Looking Statements This release contains forward-looking statements. Forward-looking statements include statements relating to future developments in ProSight's business or expectations for ProSight's future financial performance and any statement not involving a historical fact. Forward-looking statements use words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "should," "seek," "continue," and other words and terms of similar meaning. ProSight's management believes that these forward-looking statements are reasonable as of the time made. However, caution should be taken not to place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. Except as required by law, ProSight undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements are subject to known and unknown risks and uncertainties, including without limitation, the following: performance of, and our relationships with, third-party agents and vendors on which we rely to distribute certain business on our behalf, adequacy of our loss reserves including as a result of changes in the legal, regulatory, and economic environments in which the Company operates or the impacts of COVID-19, judicial, legislative, regulatory and other governmental developments, including in response to COVID-19, litigation tactics and developments, the effects of natural and man-made catastrophic events, the availability and affordability of reinsurance, changes in the business, financial condition or results of operations of the entities in which we invest, infection rates and severity and duration of pandemics, includingCOVID-19,and their direct and indirect effects on our investments, business operations, customers (including claims activity) and third parties, as well as management's response to these factors. ProSight cautions you that forward-looking statements are not guarantees of future performance or outcomes and that actual performance and outcomes may differ materially from those made in or suggested by the forward-looking statements contained in this release. For a discussion of some of the risks and important factors that could affect ProSight's future results and financial condition, see our filings with the U.S. Securities and Exchange Commission ("SEC"), including, but not limited to, the risks and uncertainties included under the captions "Risk Factors" in ProSight's Annual Report on Form 10-K/A for the period ended December 31, 2019 filed on March 10, 2020, as updated by ProSight's Quarterly Reports on Form 10-Q and its other periodic filings with the SEC. References to "we," "us," "our," the "Company" and "ProSight", refer to ProSight Global, Inc. and its consolidated subsidiaries. Reorganization ProSight was incorporated in Delaware in 2010. Prior to July 25, 2019, ProSight was a wholly owned subsidiary of ProSight Global Holdings Limited ("PGHL"), a Bermuda holding company. Effective July 25, 2019, PGHL merged with and into ProSight, with ProSight surviving the merger. As a result of the merger, all shares of PGHL then outstanding were converted into the right to receive, without interest, 6.46 shares of ProSight for each share of PGHL. The historical share and per share figures contained in this release relating to periods prior to and including June 30, 2019have been restated to give effect to this conversion, including reclassifying an amount equal to the change in value of common stock to additional paid-in capital, as of the stated period or date. Further details regarding this merger and related reorganization transactions are included in ProSight's Annual Report on Form 10-K/A for the period ended December 31, 2019 filed on March 10, 2020. Non-GAAP Financial Measures In presentingProSight Global, Inc.'s results, management has included financial measures that are not calculated under standards or rules that comprise of U.S. generally accepted accounting principles ("GAAP"). Such measures, including underwriting income, adjusted operating income, adjusted operating return on equity, adjusted operating return on tangible equity, adjusted loss excluding WAQS, adjusted expense ratio excluding WAQS, adjusted combined ratio excluding WAQS, tangible stockholders' equity, tangible book value per share and fully diluted tangible book value per share are referred to as non-GAAP measures. These non-GAAP measures may be defined or calculated differently by other companies. These measures should not be viewed as a substitute for those measures determined in accordance with GAAP. Reconciliations of these non-GAAP financial measures to the most comparable GAAP figures are included at the end of this press release. Inquiries: Joe Hathaway [emailprotected] 973.532.1706 PROSIGHT GLOBAL,INC. CONSOLIDATED BALANCE SHEETS (UNAUDITED) ($ in thousands, except per share amounts) June30 December31 2020 2019 Assets Investments: Fixed maturity securities, available-for-sale at fair value (amortized cost $2,102,989 in 2020 and $1,999,403 in 2019, allowance for credit losses $(1,985) in 2020 and $0 in 2019) $ 2,162,780 $ 2,040,682 Commercial levered loans at amortized cost (fair value $12,628 in 2020 and $13,950 in 2019) 13,463 14,069 Non-redeemable preferred stock securities at fair value (amortized cost $11,670 in 2020 and $0 in 2019) 11,785 Limited partnerships and limited liability companies at fair value (cost $74,019 in 2020 and $62,226 in 2019) 79,717 66,660 Short-term investments 496 43,873 Total investments 2,268,241 2,165,284 Cash and cash equivalents 50,637 17,284 Restricted cash 9,966 10,213 Accrued investment income 14,119 13,610 Premiums and other receivables, net 143,519 190,004 Receivable from reinsurers on paid losses, net 2,497 3,481 Reinsurance receivables on unpaid losses, net 141,427 193,952 Deferred policy acquisition costs 94,587 98,812 Prepaid reinsurance premiums 47,837 42,861 Net deferred income taxes 4,803 Goodwill and net intangible assets 29,174 29,189 Fixed assets and capitalized software, net 35,630 37,167 Funds withheld related to sale of affiliate 19,529 19,453 Other assets 34,218 29,537 Assets of discontinued operations 23,171 21,584 Total assets $ 2,914,552 $ 2,877,234 Liabilities Reserve for unpaid losses and loss adjustment expenses $ 1,544,123 $ 1,521,648 Reserve for unearned premiums 450,934 483,223 Ceded reinsurance payable 20,324 17,768 Notes payable, net of debt issuance costs 164,862 164,693 Secured loans payable, net of issuance costs 24,997 Funds held under reinsurance agreements 22,858 58,855 Net deferred income taxes 75 Other liabilities 66,762 56,438 Liabilities of discontinued operations 33,517 31,578 Total liabilities 2,328,452 2,334,203 Stockholders' equity Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued or outstanding Common stock, $0.01 par value; 200,000,000 shares authorized; 43,355,319 and 43,071,186 shares issued, 43,342,399 and 43,058,266 shares outstanding in 2020 and 2019, respectively 433 431 Paid-in capital 664,895 661,761 Accumulated other comprehensive income 52,756 37,453 Retained deficit (131,784) (156,414) Treasury shares - at cost (12,920 shares) (200) (200) Total stockholders' equity 586,100 543,031 Total liabilities and stockholders' equity $ 2,914,552 $ 2,877,234 PROSIGHT GLOBAL, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) ($ in thousands) Three Months Ended June30 Six Months Ended June30 2020 2019 2020 2019 Gross written premiums $ 186,394 $ 235,032 $ 400,178 $ 490,870 Revenues: Net earned premiums 181,629 202,480 387,291 398,088 Net investment income 23,791 17,398 32,606 34,556 Realized investment gains, net 1,891 137 2,123 250 Other income 101 97 213 190 Total revenues 207,412 220,112 422,233 433,084 Expenses: Net losses and loss adjustment expenses incurred 112,473 127,115 240,030 245,448 Policy acquisition expenses 42,033 45,533 89,019 92,106 General and administrative expenses 26,415 26,028 53,052 53,222 Interest expense 3,067 3,147 6,172 6,509 Other expense 1,390 7,170 3,127 7,170 Total expenses 185,378 208,993 391,400 404,455 Income from continuing operations before income taxes 22,034 11,119 30,833 28,629 Income tax provision: Current 4,116 82 5,747 223 Deferred 635 2,341 992 6,015 Total income tax expense 4,751 2,423 6,739 6,238 Net income from continuing operations 17,283 8,696 24,094 22,391 Discontinued operations: Net income (loss) from discontinued operations 279 (78) 536 (333) Net income $ 17,562 $ 8,618 $ 24,630 $ 22,058 Return on equity (1) 12.9 % 7.9 % 8.5 % 10.6 % Adjusted operating income (2) $ 16,890 $ 14,228 $ 24,879 $ 27,858 Adjusted operating return on equity (3) 12.6 % 12.8 % 8.8 % 13.1 % (1) Return on equity is net income from continuing operations expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. (2) Adjusted operating income is a non-GAAP measure. See "Reconciliation of Non-GAAP Measures". (3) Adjusted operating return on equity is a non-GAAP measure. Adjusted operating return on equity is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. PROSIGHT GLOBAL, INC. FACTORS AFFECTING THE RESULTS OF OPERATIONS (WAQS) (UNAUDITED) ($ in thousands) Three Months Ended June30,2020 Three Months Ended June30,2019 Including Effectof Excluding Including Effectof Excluding WAQS WAQS WAQS WAQS WAQS WAQS Gross written premiums $ 186,394 $ $ 186,394 $ 235,032 $ $ 235,032 Ceded written premiums (29,771) (29,771) (24,464) (24,464) Net written premiums $ 156,623 $ $ 156,623 $ 210,568 $ $ 210,568 Net retention(1) 84.0 % 84.0 % 89.6 % 89.6 % Net earned premiums $ 181,629 $ $ 181,629 $ 202,480 $ $ 202,480 Losses and LAE 112,473 112,473 127,115 2,255 124,860 Underwriting, acquisition and insurance expenses 68,448 68,448 71,561 (2,255) 73,816 Underwriting income (2) $ 708 $ $ 708 $ 3,804 $ $ 3,804 Loss and LAE ratio 61.9 % 62.8 % Expense ratio 37.7 % 35.3 % Combined ratio 99.6 % 98.1 % Adjusted loss and LAE ratio(3) 61.9 % 61.7 % Adjusted expense ratio(3) 37.7 % 36.4 % Adjusted combined ratio(3) 99.6 % 98.1 % Effect of prior year reserve development unfavorable/(favorable) (4) $ 310 $ $ 310 $ (2,733) $ 2,255 $ (4,988) Six Months Ended June30,2020 Six Months Ended June30,2019 Including Effectof Excluding Including Effectof Excluding WAQS WAQS WAQS WAQS WAQS WAQS Gross written premiums $ 400,178 $ $ 400,178 $ 490,870 $ $ 490,870 Ceded written premiums (53,372) (53,372) (70,400) 3 (70,403) Net written premiums $ 346,806 $ $ 346,806 $ 420,470 $ 3 $ 420,467 Net retention(1) 86.7 % 86.7 % 85.7 % 85.7 % Net earned premiums $ 387,291 $ $ 387,291 $ 398,088 $ 3 $ 398,085 Losses and LAE 240,030 240,030 245,448 2,207 243,241 Underwriting, acquisition and insurance expenses 142,071 142,071 145,328 (2,205) 147,533 Underwriting income (2) $ 5,190 $ $ 5,190 $ 7,312 $ 1 $ 7,311 Loss and LAE ratio 62.0 % 61.7 % Expense ratio 36.7 % 36.5 % Combined ratio 98.7 % 98.2 % Adjusted loss and LAE ratio(3) 62.0 % 61.1 % Adjusted expense ratio(3) 36.7 % 37.1 % Adjusted combined ratio(3) 98.7 % 98.2 % Effect of prior year development unfavorable/(favorable) (4) $ 508 $ $ 508 $ (3,128) $ 2,207 $ (5,335) (1) Net retention is a non-GAAP measure. We define net retention as the ratio of net written premiums to gross written premiums. (2) Underwriting income is a non-GAAP measure. See "Reconciliation of Non-GAAP Financial Measures". (3) Adjusted loss ratio and adjusted expense ratio are non-GAAP financial measures. We define adjusted loss ratio and adjusted expense ratio as the corresponding ratio excluding the effects of the WAQS. We use these adjusted ratios as internal performance measures in the management of our operations because we believe they give our management and other users of our financial information useful insight into our results of operations and our underlying business performance. Our adjusted loss and LAE ratio, adjusted expense ratio and adjusted combined ratio should not be viewed as substitutes for our loss and LAE ratio, expense ratio and combined ratio, respectively. (4) The effect of prior year reserve development is included within losses and LAE. PROSIGHT GLOBAL, INC. SUPPLEMENTARY UNDERWRITING INFORMATION (EXCLUDING WAQS) (UNAUDITED) ($ in thousands) Three Months Ended June30 Six Months Ended June30 2020 2019 2020 2019 Gross written premiums $ 186,394 $ 235,032 $ 400,178 $ 490,870 Net written premiums 156,623 210,568 346,806 420,470 Net earned premiums 181,629 202,480 387,291 398,085 Net losses and LAE 112,473 124,860 240,030 243,241 Catastrophe loss and LAE 3,633 3,000 3,633 3,000 Unfavorable/(favorable) prior year reserve development 310 (4,988) 508 (5,335) Underwriting, acquisition, and insurance expenses 68,448 73,816 142,071 147,533 Policy acquisition expenses 42,033 47,788 89,019 94,311 General and administrative expenses 26,415 26,028 53,052 53,222 Underwriting income $ 708 $ 3,804 $ 5,190 $ 7,311 Adjusted Underwriting ratios Ex-cat current accident year loss and LAE ratio 59.8 % 62.6 % 60.9 % 61.7 % Catastrophe loss and LAE ratio 2.0 % 1.5 % 0.9 % 0.8 % Unfavorable/(favorable) prior year reserve development ratio 0.1 % (2.4) % 0.2 % (1.4) % Adjusted Loss and LAE ratio 61.9 % 61.7 % 62.0 % 61.1 % Policy acquisition expense ratio 23.1 % 23.6 % 23.0 % 23.7 % General and administrative expense ratio 14.6 % 12.8 % 13.7 % 13.4 % Adjusted Expense ratio 37.7 % 36.4 % 36.7 % 37.1 % Adjusted Combined ratio 99.6 % 98.1 % 98.7 % 98.2 % PROSIGHT GLOBAL, INC. SUPPLEMENTARY UNDERWRITING INFORMATION (UNAUDITED) ($ in thousands) Three Months Ended June30 Six Months Ended June30 2020 2019 2020 2019 Gross written premiums $ 186,394 $ 235,032 $ 400,178 $ 490,870 Net written premiums 156,623 210,568 346,806 420,470 Net earned premiums 181,629 202,480 387,291 398,088 Net losses and LAE 112,473 127,115 240,030 245,448 Catastrophe loss and LAE 3,633 3,000 3,633 3,000 Unfavorable/(favorable) prior year reserve development 310 (2,733) 508 (3,128) Underwriting, acquisition, and insurance expenses 68,448 71,561 142,071 145,328 Policy acquisition expenses 42,033 45,533 89,019 92,106 General and administrative expenses 26,415 26,028 53,052 53,222 Underwriting income $ 708 $ 3,804 $ 5,190 $ 7,312 Underwriting ratios Ex-cat current accident year loss and LAE ratio 59.8 % 62.6 % 60.9 % 61.7 % Catastrophe loss and LAE ratio 2.0 % 1.5 % 0.9 % 0.8 % Unfavorable/(favorable) prior year reserve development ratio 0.1 % (1.3) % 0.2 % (0.8) % Loss and LAE ratio 61.9 % 62.8 % 62.0 % 61.7 % Policy acquisition expense ratio 23.1 % 22.5 % 23.0 % 23.1 % General and administrative expense ratio 14.6 % 12.8 % 13.7 % 13.4 % Expense ratio 37.7 % 35.3 % 36.7 % 36.5 % Combined ratio 99.6 % 98.1 % 98.7 % 98.2 % PROSIGHT GLOBAL, INC. SHARE AND PER SHARE INFORMATION (UNAUDITED) June30 December31 2020 2019 Shares outstanding 43,342,399 43,058,266 Fully diluted shares outstanding 45,629,697 45,196,716 Book value per share(1) $ 13.52 $ 12.61 Book value per share (fully diluted)(1) $ 12.84 $ 12.01 Tangible book value per share(1) $ 12.85 $ 11.93 Tangible book value per share (fully diluted)(1) $ 12.21 $ 11.37 Three Months Ended June30 Six Months Ended June30 (share amounts in thousands) 2020 2019 2020 2019 Weighted average basic shares outstanding 43,810 38,851 43,866 38,851 Weighted average diluted shares outstanding 43,827 39,455 44,056 39,455 Earnings per share - basic: Net income from continuing operations $ 0.39 $ 0.22 $ 0.55 $ 0.58 Adjusted operating income(2) $ 0.39 $ 0.37 $ 0.57 $ 0.72 Earnings per share - diluted: Net income from continuing operations $ 0.39 $ 0.22 $ 0.55 $ 0.57 Adjusted operating income(2) $ 0.39 $ 0.36 $ 0.56 $ 0.71 Adjusted operating return on equity ("ROE") (3) 12.6 % 12.8 % 8.8 % 13.1 % Adjusted operating return on tangible equity ("ROTE")(3) 13.3 % 13.8 % 9.3 % 14.1 % (1) Book value per share is total stockholders' equity divided by the number of common shares outstanding. Fully diluted book value per share is total stockholders' equity divided by the number of common shares outstanding, unvested restricted shares and vested non issued shares. Tangible book value per share and fully diluted tangible book value per share are non-GAAP measures. Tangible book value per share is total stockholders' equity excluding the value of goodwill and other intangible assets divided by the number of common shares outstanding. Fully diluted tangible book value per share is total stockholders' equity excluding the value of goodwill and other intangible assets divided by the number of commonshares outstanding, unvested restrictedshares, and vested non-issued shares. See "Reconciliation of Non-GAAP Financial Measures". (2) Adjusted operating income is a non-GAAP measure. See "Reconciliation of Non-GAAP Financial Measures". (3) Adjusted operating return on equity and adjusted operating return on tangible equity are non-GAAP measures. Adjusted operating return on equity is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. Adjusted operating return on tangible equity is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity, excluding goodwill and other intangible assets, during the period. PROSIGHT GLOBAL, INC. GROSS WRITTEN PREMIUM BY CUSTOMER SEGMENT (UNAUDITED) ($ in millions) Three Months Ended June30 Six Months Ended June30 2020 2019 %Change 2020 2019 %Change Construction $ 27.7 $ 32.5 (14.8) % $ 52.2 $ 55.8 (6.5) % Consumer Services 40.7 37.9 7.4 71.3 65.4 9.0 Marine and Energy 26.8 25.6 4.7 59.6 45.5 31.0 Media and Entertainment 17.4 32.4 (46.3) 47.9 62.1 (22.9) Professional Services 31.9 29.1 9.6 61.6 58.7 4.9 Real Estate 47.3 46.6 1.5 80.5 75.3 6.9 Sports 4.7 6.9 (31.9) 14.3 14.7 (2.7) Transportation (12.3) 19.0 (164.7) 9.1 49.7 (81.7) Customer segments subtotal 184.2 230.0 (19.9) 396.5 427.2 (7.2) Other 2.2 5.0 (56.0) 3.7 63.7 (94.2) Total $ 186.4 $ 235.0 (20.7) % $ 400.2 $ 490.9 (18.5) % Reconciliation of Non-GAAP Financial Measures Underwriting income is a non-GAAP financial measure that we believe is useful in evaluating our underwriting performance without regard to investment income. Underwriting income represents the pre-tax profitability of our insurance operations and is derived by subtracting losses and LAE, and underwriting, acquisition and insurance expenses from net earned premiums. We use underwriting income as an internal performance measure in the management of our operations because we believe it gives us and users of our financial information useful insight into our results of operations and our underlying business performance. Underwriting income should not be considered in isolation or viewed as a substitute for net income calculated in accordance with GAAP. Other companies may calculate underwriting income differently. Net income for the three months and six months ended June 30, 2020 and 2019 reconciles to underwriting income as follows: Three Months Ended June30 Six Months Ended June30 ($ in thousands) 2020 2019 2020 2019 Net income from continuing operations $ 17,283 $ 8,696 $ 24,094 $ 22,391 Income tax expense 4,751 2,423 6,739 6,238 Income from continuing operations before taxes 22,034 11,119 30,833 28,629 Net investment income 23,791 17,398 32,606 34,556 Realized investment gains, net 1,891 137 2,123 250 Interest and other expense, net 4,356 10,220 9,086 13,489 Underwriting income $ 708 $ 3,804 $ 5,190 $ 7,312 Adjusted operating income is a non-GAAP financial measure that we use as an internal performance measure in the management of our operations because we believe it gives our management and other users of our financial information useful insight into our results of operations and underlying business performance, by excluding items that are not part of our underlying profitability drivers or likely to re-occur in the foreseeable future. Adjusted operating income should not be considered in isolation or viewed as a substitute for net income calculated in accordance with GAAP. Other companies may calculate adjusted operating income differently. Net income for the three months and six months ended June 30, 2020 and 2019 reconciles to adjusted operating income as follows: Three Months Ended June30 Six Months Ended June30 ($ in thousands) 2020 2019 2020 2019 Net income from continuing operations $ 17,283 $ 8,696 $ 24,094 $ 22,391 Income tax expense 4,751 2,423 6,739 6,238 Income from continuing operations before taxes 22,034 11,119 30,833 28,629 Other expense (1) 1,390 7,170 3,127 7,170 Realized investment gains, net (1,891) (137) (2,123) (250) Adjusted operating income before taxes 21,533 18,152 31,837 35,549 Less: income tax expense on adjusted operating income 4,643 3,924 6,958 7,691 Adjusted operating income $ 16,890 $ 14,228 $ 24,879 $ 27,858 (1) Other expense within the adjusted operating income includes non-recurring grants of restricted stock units in connection with the initial public offering and costs associated with the transition of our former Chief Executive Officer. Tangible stockholders' equity is a non-GAAP financial measure that we use as an internal performance measure to evaluate the strength of our balance sheet and to compare returns relative to this measure. We define tangible stockholders' equity as stockholders' equity less goodwill and net intangible assets. Tangible stockholders' equity should not be considered in isolation or viewed as a substitute for stockholders' equity calculated in accordance with GAAP. Other companies may calculate tangible stockholders' equity differently. Stockholders' equity at June 30, 2020 and December 31, 2019 reconciles to tangible stockholders' equity as follows: June 30, 2020 December 31, 2019 ($ in thousands except per share amounts) Stockholders' equity $ 586,100 $ 543,031 Less: goodwill and net intangible assets 29,174 29,189 Tangible stockholders' equity $ 556,926 $ 513,842 Book value per share $ 13.52 $ 12.61 Book value per share (fully diluted) $ 12.84 $ 12.01 Tangible book value per share $ 12.85 $ 11.93 Tangible book value per share(fully diluted) $ 12.21 $ 11.37 SOURCE ProSight Global, Inc. Related Links http://www.prosightspecialty.com Answer:
ProSight Reports 2020 Second Quarter Results Second Quarter Net Income from Continuing Operations of $17.3 million, $0.39 per Diluted Share and Adjusted Operating Income(1) of $16.9 million, $0.39 per Diluted Share.
MORRISTOWN, N.J., Aug.10, 2020 /PRNewswire/ -- ProSight Global, Inc. (NYSE: PROS) (ProSight) today reported results for the second quarter of 2020. Highlights for the three months ended June 30, 2020 include: Record net income from continuing operations of $17.3 million and adjusted operating income(1) of $16.9 million with annualized return on equity ("ROE") of 12.9% and adjusted operating ROE (2) of 12.6%. Record diluted book value per share ("BVPS") of $12.84 compared to $10.73 as of March 31, 2020. Book value per share was $12.01 as of December 31, 2019. Rate execution of 10.5% excluding workers comp and 8.8% including workers comp with acceleration throughout the quarter. Combined ratio of 99.6% compared to 98.1% for the second quarter of 2019, representing the tenth consecutive quarter of underwriting profit at ProSight. Loss ratio of 61.9% compared to 62.8% (61.7% adjusted for the effect of WAQS (3)) for the second quarter of 2019. The current quarter includes 2.0 points of catastrophe losses from civil unrest vs 1.5 points in the second quarter of 2019. Expense ratio of 37.7% compared to 35.3% (36.4% adjusted for the effect of WAQS (3)) for the second quarter of 2019. The current quarter includes $1.5 million, or 83 basis points, of COVID-19-related allowance for bad debt and reflects reduced earned premium associated with the impact of COVID-19. Excluding the $1.5 million allowance for bad debt, total general and administrative expenses were down 4.2% compared to the second quarter of 2019. Gross written premiums ("GWP") for our customer segments (4) decreased in line with our expectations by 19.9% to $184.2 million compared to the second quarter of 2019, due to the impact of COVID-19 on several of our niches. Closed on new credit facility that will refinance our existing debt on favorable terms upon maturity in November 2020. From CEO & President Larry Hannon: "Our thoughts are with all of those struggling from the ongoing impact of COVID-19 and we continue tostand withour Black friends, colleagues, and members of our community that are fighting for justice and equality. AtProSight, we are thankful for the outstanding effort of our employees, and the support of our customers and distribution partners during these difficult times. "This was a strong quarter.We produced an underwriting profit, generated a double-digit ROE, achieved a new milestone in book value per share,closed on a new credit facility which will refinance our debt on attractive terms, and made progress on several initiatives that we expect will accelerate our growth and profitability in 2021.Our rate execution was excellent in the quarter and the trend has continued into the third quarter. "Our underwriting, risk selection andexpense managementallowed us toremain solidly profitable and grow our book value per share. Weare executing well and expect to have a solid second half of the year with an improvement in our gross written premium versus the second quarter." Updated Outlook: "Looking at the third quarter and balance of 2020, we have somewhat greater visibility into our near-term operating results. This update represents our best estimates as of today for the full year: Customer Segment Gross Written Premium: 5-10% decline from 2019 versus the 10-20% communicated at the end of the first quarter. This excludes the decline from the previously announced exit from excess workers compensation. Net Loss Ratio: Potential for 0 to 1.5-point increase from COVID-19 related claims and expenses in the current accident year loss ratio versus the up-to-3-point increase we communicated at the end of the first quarter. Expenses: Continued higher costs from bad debt provisioning given state-mandated deferrals of collections and cancellations coupled with the economic impact of COVID-19 on some of our insureds. Net Investment Income: We expect our fixed income portfolio, excluding limited partnerships, to yield approximately 3% for 2020, consistent with the 3% we communicated at the end of the first quarter. Net investment income volatility for the remainder of 2020 remains possible from our limited partnership investments." Results of Operations for the three months ended June 30, 2020: Net income from continuing operations was$17.3 million,or $0.39 per diluted share, for the second quarter of 2020 compared to $8.7 million,or $0.22per diluted share, for the second quarter of 2019.Adjusted operating income(1)was $16.9 million, or $0.39 per diluted share, for the second quarter of 2020 compared to $14.2 million, or $0.36 per diluted share, for the second quarter of 2019. GWP including Other(3), decreased 20.7% for the second quarter of 2020 when compared to the second quarter of 2019. GWP(3)from customer segments was$184.2 millionfor the second quarter of 2020 compared to$230.0 millionfor the second quarter of 2019, a decrease of 19.9%, primarily due to the impact of COVID-19 on our Transportation and Media & Entertainment customer segments. Other GWP(3)were $2.2million for the second quarter of 2020 compared to $5.0 million for the second quarter of 2019, the decrease driven by the timing ofourexit from excess workers' compensation. Underwriting income(1)was$0.7 millionfor the second quarter of 2020 compared to$3.8 millionfor the second quarter of 2019. The combined ratio for the second quarter of 2020 was 99.6% compared to 98.1% for the second quarter of 2019. The decrease in underwriting income(1)was due to reduced earned premium and bad debt expense attributable to COVID-19: The expense ratio was 37.7% for the second quarter of 2020 compared to 35.3% in the second quarter of 2019, with the increase driven by reduced earned premium,an increase in our allowance for bad debt attributable to COVID-19, and a cedingcommission benefit from our Whole Account Quota Share ("WAQS")reinsurance agreementsin the second quarter of 2019.The policy acquisition expense ratio was 23.1% in the second quarter of 2020 compared to 22.5% in the second quarter of 2019. The general & administrative expense ratio, which includes the bad debt allowance, was 14.6% in the second quarter of 2020 compared to 12.8% in the second quarter of 2019. The loss ratio was 61.9% for the secondquarterof 2020 compared to 62.8% for the second quarter of 2019. Thecurrent accident yearloss ratio, excluding catastrophe losses and prior year development,for the second quarter of 2020was59.8% compared to62.6% in the second quarter of 2019. The current accident year loss ratio for the second quarter of 2020 includes $3.6 million (2.0 percentage points) of catastrophe losses due to civil unrest. The current accident year loss ratio for the second quarter of 2019 includes $3.0 million (1.5 percentage points) of catastrophe losses due to weather events. The loss ratio for the second quarter of 2020 included $0.3 million (0.1 percentage points) of unfavorable prior accident year loss development compared to $2.7 million (1.3 percentage points) of favorable prior accident year loss development in the second quarter of 2019. Net investment income increased by 36.7% to$23.8 millionfor the second quarter of 2020, compared to$17.4 million for the second quarter of 2019. The increase in net investment income was driven byunrealized gains from our limited partnerships and growth in the book value ofthe investmentportfolio of 12.7% to $2.3 billion, partially offset by a decline in investment yields on fixed maturity securities. Realized investment gains, net of realized losses, for the secondquarterof 2020 were $1.9 million compared to $0.1 million for the secondquarterof 2019 and include an increase to our credit loss allowance of $1.5 million. Total stockholders' equity was$586.1 million as of June 30, 2020, compared to $543.0 million as of December 31, 2019. Tangible stockholders' equity(5)was$556.9 million as of June 30, 2020, compared to $513.8 millionas of December 31, 2019. The increases in total stockholders' equity and tangible stockholders' equity(5)were driven by $24.6 million of net income in the first six months of 2020 and an increase in other comprehensiveincome of $15.3 million, driven by net unrealized gains on investment securities during the second quarter of 2020. Fully diluted book value per sharegrew by 6.9% to $12.84atJune 30, 2020, compared to $12.01 at December 31, 2019. Fully diluted tangible book value per share(5)increased by 7.4% to $12.21atJune 30, 2020, compared to $11.37atDecember 31, 2019. (1) Adjusted operating income and underwriting income are non-GAAP measures. See "Reconciliation of Non-GAAP Measures". (2) Return on equity is net income from continuing operations expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. Adjusted operating return on equity is a non-GAAP measure. Adjusted operating return on equity is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. (3)In connection with the divestment of our U.K. business, New York Marine as reinsured entered into the whole account quota share reinsurance agreements ("WAQS") with third party reinsurers to maintain reasonable underwriting leverage within New York Marine and its subsidiary insurance companies during a transition period following the U.K. divestment. The effective date of the WAQS was April 1, 2017.During 2018 and following the transition of the U.S. business back to New York Marine, the WAQS were terminated. Effective January 1, 2020, the WAQS was commuted at an amount equal to ceded reserves.The effect of the WAQS on our results of operations is primarily reflected in our ceded written premiums, losses and LAE, as well as our underwriting, acquisition and insurance expenses. (4)Total GWP for the second quarter of 2020 including Other were $186.4 million.Other includes GWP from certain niches that are no longer part of our customer segments. "Other" includes GWP from (i) primary and excess workers' compensation coverage for exited Self-Insured Groups (ii) niches exited prior to 2019, many with a concentration in commercial auto, (iii) certain fronting arrangements in which all premium written is ceded to a third party, (iv) participation in industry pools, and (v) emerging new business. (5) Tangible stockholders' equity and fully diluted tangible book value per share are non-GAAP measures.Tangible stockholders' equity is total stockholders' equity excluding the value of goodwill and other intangible assets. Fully diluted tangible book value per share is total stockholders' equity excludingthevalue of goodwill and other intangible assets divided by the number of commonshares outstanding, unvested restrictedshares and vested not issued shares. See "Reconciliation of Non-GAAP Measures". Conference Call As previously announced, on Tuesday, August 11, 2020at10:00 a.m. EST, ProSight senior management will host a conference call to discuss second quarter 2020 financial results. The call will be available via webcast at https://investors.prosightspecialty.com/or by accessing the online registration link here. A replay of the call will be available at 1:00 p.m. on Tuesday, August 11, 2020, until 11:59 p.m. Tuesday, August 18, 2020, and can be accessed by dialing (800) 585-8367 or (416) 621-4642. The webcast will be available one hour after the call concludes and will be archived on our website for one year. About ProSight Founded in 2009 and headquartered in Morristown, New Jersey, ProSight Global, Inc. is an innovative property and casualty insurance company that designs unique insurance solutions to help customers improve their business and realize value from their insurance purchasing decision. The company focuses on select niche industries, deploying differentiated underwriting and claims expertise with the goal of enhancing each customer's operating performance. ProSight's products are sold through a limited and select group of retail and wholesale distribution partners. Each of ProSight's regulated insurance company subsidiaries are rated "A-" (Excellent) by A.M. Best. ProSight's shares trade on the New York Stock Exchange ("NYSE") under the ticker symbol PROS. To learn more about ProSight visit www.prosightspecialty.com. Forward-Looking Statements This release contains forward-looking statements. Forward-looking statements include statements relating to future developments in ProSight's business or expectations for ProSight's future financial performance and any statement not involving a historical fact. Forward-looking statements use words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "should," "seek," "continue," and other words and terms of similar meaning. ProSight's management believes that these forward-looking statements are reasonable as of the time made. However, caution should be taken not to place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. Except as required by law, ProSight undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements are subject to known and unknown risks and uncertainties, including without limitation, the following: performance of, and our relationships with, third-party agents and vendors on which we rely to distribute certain business on our behalf, adequacy of our loss reserves including as a result of changes in the legal, regulatory, and economic environments in which the Company operates or the impacts of COVID-19, judicial, legislative, regulatory and other governmental developments, including in response to COVID-19, litigation tactics and developments, the effects of natural and man-made catastrophic events, the availability and affordability of reinsurance, changes in the business, financial condition or results of operations of the entities in which we invest, infection rates and severity and duration of pandemics, includingCOVID-19,and their direct and indirect effects on our investments, business operations, customers (including claims activity) and third parties, as well as management's response to these factors. ProSight cautions you that forward-looking statements are not guarantees of future performance or outcomes and that actual performance and outcomes may differ materially from those made in or suggested by the forward-looking statements contained in this release. For a discussion of some of the risks and important factors that could affect ProSight's future results and financial condition, see our filings with the U.S. Securities and Exchange Commission ("SEC"), including, but not limited to, the risks and uncertainties included under the captions "Risk Factors" in ProSight's Annual Report on Form 10-K/A for the period ended December 31, 2019 filed on March 10, 2020, as updated by ProSight's Quarterly Reports on Form 10-Q and its other periodic filings with the SEC. References to "we," "us," "our," the "Company" and "ProSight", refer to ProSight Global, Inc. and its consolidated subsidiaries. Reorganization ProSight was incorporated in Delaware in 2010. Prior to July 25, 2019, ProSight was a wholly owned subsidiary of ProSight Global Holdings Limited ("PGHL"), a Bermuda holding company. Effective July 25, 2019, PGHL merged with and into ProSight, with ProSight surviving the merger. As a result of the merger, all shares of PGHL then outstanding were converted into the right to receive, without interest, 6.46 shares of ProSight for each share of PGHL. The historical share and per share figures contained in this release relating to periods prior to and including June 30, 2019have been restated to give effect to this conversion, including reclassifying an amount equal to the change in value of common stock to additional paid-in capital, as of the stated period or date. Further details regarding this merger and related reorganization transactions are included in ProSight's Annual Report on Form 10-K/A for the period ended December 31, 2019 filed on March 10, 2020. Non-GAAP Financial Measures In presentingProSight Global, Inc.'s results, management has included financial measures that are not calculated under standards or rules that comprise of U.S. generally accepted accounting principles ("GAAP"). Such measures, including underwriting income, adjusted operating income, adjusted operating return on equity, adjusted operating return on tangible equity, adjusted loss excluding WAQS, adjusted expense ratio excluding WAQS, adjusted combined ratio excluding WAQS, tangible stockholders' equity, tangible book value per share and fully diluted tangible book value per share are referred to as non-GAAP measures. These non-GAAP measures may be defined or calculated differently by other companies. These measures should not be viewed as a substitute for those measures determined in accordance with GAAP. Reconciliations of these non-GAAP financial measures to the most comparable GAAP figures are included at the end of this press release. Inquiries: Joe Hathaway [emailprotected] 973.532.1706 PROSIGHT GLOBAL,INC. CONSOLIDATED BALANCE SHEETS (UNAUDITED) ($ in thousands, except per share amounts) June30 December31 2020 2019 Assets Investments: Fixed maturity securities, available-for-sale at fair value (amortized cost $2,102,989 in 2020 and $1,999,403 in 2019, allowance for credit losses $(1,985) in 2020 and $0 in 2019) $ 2,162,780 $ 2,040,682 Commercial levered loans at amortized cost (fair value $12,628 in 2020 and $13,950 in 2019) 13,463 14,069 Non-redeemable preferred stock securities at fair value (amortized cost $11,670 in 2020 and $0 in 2019) 11,785 Limited partnerships and limited liability companies at fair value (cost $74,019 in 2020 and $62,226 in 2019) 79,717 66,660 Short-term investments 496 43,873 Total investments 2,268,241 2,165,284 Cash and cash equivalents 50,637 17,284 Restricted cash 9,966 10,213 Accrued investment income 14,119 13,610 Premiums and other receivables, net 143,519 190,004 Receivable from reinsurers on paid losses, net 2,497 3,481 Reinsurance receivables on unpaid losses, net 141,427 193,952 Deferred policy acquisition costs 94,587 98,812 Prepaid reinsurance premiums 47,837 42,861 Net deferred income taxes 4,803 Goodwill and net intangible assets 29,174 29,189 Fixed assets and capitalized software, net 35,630 37,167 Funds withheld related to sale of affiliate 19,529 19,453 Other assets 34,218 29,537 Assets of discontinued operations 23,171 21,584 Total assets $ 2,914,552 $ 2,877,234 Liabilities Reserve for unpaid losses and loss adjustment expenses $ 1,544,123 $ 1,521,648 Reserve for unearned premiums 450,934 483,223 Ceded reinsurance payable 20,324 17,768 Notes payable, net of debt issuance costs 164,862 164,693 Secured loans payable, net of issuance costs 24,997 Funds held under reinsurance agreements 22,858 58,855 Net deferred income taxes 75 Other liabilities 66,762 56,438 Liabilities of discontinued operations 33,517 31,578 Total liabilities 2,328,452 2,334,203 Stockholders' equity Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued or outstanding Common stock, $0.01 par value; 200,000,000 shares authorized; 43,355,319 and 43,071,186 shares issued, 43,342,399 and 43,058,266 shares outstanding in 2020 and 2019, respectively 433 431 Paid-in capital 664,895 661,761 Accumulated other comprehensive income 52,756 37,453 Retained deficit (131,784) (156,414) Treasury shares - at cost (12,920 shares) (200) (200) Total stockholders' equity 586,100 543,031 Total liabilities and stockholders' equity $ 2,914,552 $ 2,877,234 PROSIGHT GLOBAL, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) ($ in thousands) Three Months Ended June30 Six Months Ended June30 2020 2019 2020 2019 Gross written premiums $ 186,394 $ 235,032 $ 400,178 $ 490,870 Revenues: Net earned premiums 181,629 202,480 387,291 398,088 Net investment income 23,791 17,398 32,606 34,556 Realized investment gains, net 1,891 137 2,123 250 Other income 101 97 213 190 Total revenues 207,412 220,112 422,233 433,084 Expenses: Net losses and loss adjustment expenses incurred 112,473 127,115 240,030 245,448 Policy acquisition expenses 42,033 45,533 89,019 92,106 General and administrative expenses 26,415 26,028 53,052 53,222 Interest expense 3,067 3,147 6,172 6,509 Other expense 1,390 7,170 3,127 7,170 Total expenses 185,378 208,993 391,400 404,455 Income from continuing operations before income taxes 22,034 11,119 30,833 28,629 Income tax provision: Current 4,116 82 5,747 223 Deferred 635 2,341 992 6,015 Total income tax expense 4,751 2,423 6,739 6,238 Net income from continuing operations 17,283 8,696 24,094 22,391 Discontinued operations: Net income (loss) from discontinued operations 279 (78) 536 (333) Net income $ 17,562 $ 8,618 $ 24,630 $ 22,058 Return on equity (1) 12.9 % 7.9 % 8.5 % 10.6 % Adjusted operating income (2) $ 16,890 $ 14,228 $ 24,879 $ 27,858 Adjusted operating return on equity (3) 12.6 % 12.8 % 8.8 % 13.1 % (1) Return on equity is net income from continuing operations expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. (2) Adjusted operating income is a non-GAAP measure. See "Reconciliation of Non-GAAP Measures". (3) Adjusted operating return on equity is a non-GAAP measure. Adjusted operating return on equity is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. PROSIGHT GLOBAL, INC. FACTORS AFFECTING THE RESULTS OF OPERATIONS (WAQS) (UNAUDITED) ($ in thousands) Three Months Ended June30,2020 Three Months Ended June30,2019 Including Effectof Excluding Including Effectof Excluding WAQS WAQS WAQS WAQS WAQS WAQS Gross written premiums $ 186,394 $ $ 186,394 $ 235,032 $ $ 235,032 Ceded written premiums (29,771) (29,771) (24,464) (24,464) Net written premiums $ 156,623 $ $ 156,623 $ 210,568 $ $ 210,568 Net retention(1) 84.0 % 84.0 % 89.6 % 89.6 % Net earned premiums $ 181,629 $ $ 181,629 $ 202,480 $ $ 202,480 Losses and LAE 112,473 112,473 127,115 2,255 124,860 Underwriting, acquisition and insurance expenses 68,448 68,448 71,561 (2,255) 73,816 Underwriting income (2) $ 708 $ $ 708 $ 3,804 $ $ 3,804 Loss and LAE ratio 61.9 % 62.8 % Expense ratio 37.7 % 35.3 % Combined ratio 99.6 % 98.1 % Adjusted loss and LAE ratio(3) 61.9 % 61.7 % Adjusted expense ratio(3) 37.7 % 36.4 % Adjusted combined ratio(3) 99.6 % 98.1 % Effect of prior year reserve development unfavorable/(favorable) (4) $ 310 $ $ 310 $ (2,733) $ 2,255 $ (4,988) Six Months Ended June30,2020 Six Months Ended June30,2019 Including Effectof Excluding Including Effectof Excluding WAQS WAQS WAQS WAQS WAQS WAQS Gross written premiums $ 400,178 $ $ 400,178 $ 490,870 $ $ 490,870 Ceded written premiums (53,372) (53,372) (70,400) 3 (70,403) Net written premiums $ 346,806 $ $ 346,806 $ 420,470 $ 3 $ 420,467 Net retention(1) 86.7 % 86.7 % 85.7 % 85.7 % Net earned premiums $ 387,291 $ $ 387,291 $ 398,088 $ 3 $ 398,085 Losses and LAE 240,030 240,030 245,448 2,207 243,241 Underwriting, acquisition and insurance expenses 142,071 142,071 145,328 (2,205) 147,533 Underwriting income (2) $ 5,190 $ $ 5,190 $ 7,312 $ 1 $ 7,311 Loss and LAE ratio 62.0 % 61.7 % Expense ratio 36.7 % 36.5 % Combined ratio 98.7 % 98.2 % Adjusted loss and LAE ratio(3) 62.0 % 61.1 % Adjusted expense ratio(3) 36.7 % 37.1 % Adjusted combined ratio(3) 98.7 % 98.2 % Effect of prior year development unfavorable/(favorable) (4) $ 508 $ $ 508 $ (3,128) $ 2,207 $ (5,335) (1) Net retention is a non-GAAP measure. We define net retention as the ratio of net written premiums to gross written premiums. (2) Underwriting income is a non-GAAP measure. See "Reconciliation of Non-GAAP Financial Measures". (3) Adjusted loss ratio and adjusted expense ratio are non-GAAP financial measures. We define adjusted loss ratio and adjusted expense ratio as the corresponding ratio excluding the effects of the WAQS. We use these adjusted ratios as internal performance measures in the management of our operations because we believe they give our management and other users of our financial information useful insight into our results of operations and our underlying business performance. Our adjusted loss and LAE ratio, adjusted expense ratio and adjusted combined ratio should not be viewed as substitutes for our loss and LAE ratio, expense ratio and combined ratio, respectively. (4) The effect of prior year reserve development is included within losses and LAE. PROSIGHT GLOBAL, INC. SUPPLEMENTARY UNDERWRITING INFORMATION (EXCLUDING WAQS) (UNAUDITED) ($ in thousands) Three Months Ended June30 Six Months Ended June30 2020 2019 2020 2019 Gross written premiums $ 186,394 $ 235,032 $ 400,178 $ 490,870 Net written premiums 156,623 210,568 346,806 420,470 Net earned premiums 181,629 202,480 387,291 398,085 Net losses and LAE 112,473 124,860 240,030 243,241 Catastrophe loss and LAE 3,633 3,000 3,633 3,000 Unfavorable/(favorable) prior year reserve development 310 (4,988) 508 (5,335) Underwriting, acquisition, and insurance expenses 68,448 73,816 142,071 147,533 Policy acquisition expenses 42,033 47,788 89,019 94,311 General and administrative expenses 26,415 26,028 53,052 53,222 Underwriting income $ 708 $ 3,804 $ 5,190 $ 7,311 Adjusted Underwriting ratios Ex-cat current accident year loss and LAE ratio 59.8 % 62.6 % 60.9 % 61.7 % Catastrophe loss and LAE ratio 2.0 % 1.5 % 0.9 % 0.8 % Unfavorable/(favorable) prior year reserve development ratio 0.1 % (2.4) % 0.2 % (1.4) % Adjusted Loss and LAE ratio 61.9 % 61.7 % 62.0 % 61.1 % Policy acquisition expense ratio 23.1 % 23.6 % 23.0 % 23.7 % General and administrative expense ratio 14.6 % 12.8 % 13.7 % 13.4 % Adjusted Expense ratio 37.7 % 36.4 % 36.7 % 37.1 % Adjusted Combined ratio 99.6 % 98.1 % 98.7 % 98.2 % PROSIGHT GLOBAL, INC. SUPPLEMENTARY UNDERWRITING INFORMATION (UNAUDITED) ($ in thousands) Three Months Ended June30 Six Months Ended June30 2020 2019 2020 2019 Gross written premiums $ 186,394 $ 235,032 $ 400,178 $ 490,870 Net written premiums 156,623 210,568 346,806 420,470 Net earned premiums 181,629 202,480 387,291 398,088 Net losses and LAE 112,473 127,115 240,030 245,448 Catastrophe loss and LAE 3,633 3,000 3,633 3,000 Unfavorable/(favorable) prior year reserve development 310 (2,733) 508 (3,128) Underwriting, acquisition, and insurance expenses 68,448 71,561 142,071 145,328 Policy acquisition expenses 42,033 45,533 89,019 92,106 General and administrative expenses 26,415 26,028 53,052 53,222 Underwriting income $ 708 $ 3,804 $ 5,190 $ 7,312 Underwriting ratios Ex-cat current accident year loss and LAE ratio 59.8 % 62.6 % 60.9 % 61.7 % Catastrophe loss and LAE ratio 2.0 % 1.5 % 0.9 % 0.8 % Unfavorable/(favorable) prior year reserve development ratio 0.1 % (1.3) % 0.2 % (0.8) % Loss and LAE ratio 61.9 % 62.8 % 62.0 % 61.7 % Policy acquisition expense ratio 23.1 % 22.5 % 23.0 % 23.1 % General and administrative expense ratio 14.6 % 12.8 % 13.7 % 13.4 % Expense ratio 37.7 % 35.3 % 36.7 % 36.5 % Combined ratio 99.6 % 98.1 % 98.7 % 98.2 % PROSIGHT GLOBAL, INC. SHARE AND PER SHARE INFORMATION (UNAUDITED) June30 December31 2020 2019 Shares outstanding 43,342,399 43,058,266 Fully diluted shares outstanding 45,629,697 45,196,716 Book value per share(1) $ 13.52 $ 12.61 Book value per share (fully diluted)(1) $ 12.84 $ 12.01 Tangible book value per share(1) $ 12.85 $ 11.93 Tangible book value per share (fully diluted)(1) $ 12.21 $ 11.37 Three Months Ended June30 Six Months Ended June30 (share amounts in thousands) 2020 2019 2020 2019 Weighted average basic shares outstanding 43,810 38,851 43,866 38,851 Weighted average diluted shares outstanding 43,827 39,455 44,056 39,455 Earnings per share - basic: Net income from continuing operations $ 0.39 $ 0.22 $ 0.55 $ 0.58 Adjusted operating income(2) $ 0.39 $ 0.37 $ 0.57 $ 0.72 Earnings per share - diluted: Net income from continuing operations $ 0.39 $ 0.22 $ 0.55 $ 0.57 Adjusted operating income(2) $ 0.39 $ 0.36 $ 0.56 $ 0.71 Adjusted operating return on equity ("ROE") (3) 12.6 % 12.8 % 8.8 % 13.1 % Adjusted operating return on tangible equity ("ROTE")(3) 13.3 % 13.8 % 9.3 % 14.1 % (1) Book value per share is total stockholders' equity divided by the number of common shares outstanding. Fully diluted book value per share is total stockholders' equity divided by the number of common shares outstanding, unvested restricted shares and vested non issued shares. Tangible book value per share and fully diluted tangible book value per share are non-GAAP measures. Tangible book value per share is total stockholders' equity excluding the value of goodwill and other intangible assets divided by the number of common shares outstanding. Fully diluted tangible book value per share is total stockholders' equity excluding the value of goodwill and other intangible assets divided by the number of commonshares outstanding, unvested restrictedshares, and vested non-issued shares. See "Reconciliation of Non-GAAP Financial Measures". (2) Adjusted operating income is a non-GAAP measure. See "Reconciliation of Non-GAAP Financial Measures". (3) Adjusted operating return on equity and adjusted operating return on tangible equity are non-GAAP measures. Adjusted operating return on equity is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. Adjusted operating return on tangible equity is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity, excluding goodwill and other intangible assets, during the period. PROSIGHT GLOBAL, INC. GROSS WRITTEN PREMIUM BY CUSTOMER SEGMENT (UNAUDITED) ($ in millions) Three Months Ended June30 Six Months Ended June30 2020 2019 %Change 2020 2019 %Change Construction $ 27.7 $ 32.5 (14.8) % $ 52.2 $ 55.8 (6.5) % Consumer Services 40.7 37.9 7.4 71.3 65.4 9.0 Marine and Energy 26.8 25.6 4.7 59.6 45.5 31.0 Media and Entertainment 17.4 32.4 (46.3) 47.9 62.1 (22.9) Professional Services 31.9 29.1 9.6 61.6 58.7 4.9 Real Estate 47.3 46.6 1.5 80.5 75.3 6.9 Sports 4.7 6.9 (31.9) 14.3 14.7 (2.7) Transportation (12.3) 19.0 (164.7) 9.1 49.7 (81.7) Customer segments subtotal 184.2 230.0 (19.9) 396.5 427.2 (7.2) Other 2.2 5.0 (56.0) 3.7 63.7 (94.2) Total $ 186.4 $ 235.0 (20.7) % $ 400.2 $ 490.9 (18.5) % Reconciliation of Non-GAAP Financial Measures Underwriting income is a non-GAAP financial measure that we believe is useful in evaluating our underwriting performance without regard to investment income. Underwriting income represents the pre-tax profitability of our insurance operations and is derived by subtracting losses and LAE, and underwriting, acquisition and insurance expenses from net earned premiums. We use underwriting income as an internal performance measure in the management of our operations because we believe it gives us and users of our financial information useful insight into our results of operations and our underlying business performance. Underwriting income should not be considered in isolation or viewed as a substitute for net income calculated in accordance with GAAP. Other companies may calculate underwriting income differently. Net income for the three months and six months ended June 30, 2020 and 2019 reconciles to underwriting income as follows: Three Months Ended June30 Six Months Ended June30 ($ in thousands) 2020 2019 2020 2019 Net income from continuing operations $ 17,283 $ 8,696 $ 24,094 $ 22,391 Income tax expense 4,751 2,423 6,739 6,238 Income from continuing operations before taxes 22,034 11,119 30,833 28,629 Net investment income 23,791 17,398 32,606 34,556 Realized investment gains, net 1,891 137 2,123 250 Interest and other expense, net 4,356 10,220 9,086 13,489 Underwriting income $ 708 $ 3,804 $ 5,190 $ 7,312 Adjusted operating income is a non-GAAP financial measure that we use as an internal performance measure in the management of our operations because we believe it gives our management and other users of our financial information useful insight into our results of operations and underlying business performance, by excluding items that are not part of our underlying profitability drivers or likely to re-occur in the foreseeable future. Adjusted operating income should not be considered in isolation or viewed as a substitute for net income calculated in accordance with GAAP. Other companies may calculate adjusted operating income differently. Net income for the three months and six months ended June 30, 2020 and 2019 reconciles to adjusted operating income as follows: Three Months Ended June30 Six Months Ended June30 ($ in thousands) 2020 2019 2020 2019 Net income from continuing operations $ 17,283 $ 8,696 $ 24,094 $ 22,391 Income tax expense 4,751 2,423 6,739 6,238 Income from continuing operations before taxes 22,034 11,119 30,833 28,629 Other expense (1) 1,390 7,170 3,127 7,170 Realized investment gains, net (1,891) (137) (2,123) (250) Adjusted operating income before taxes 21,533 18,152 31,837 35,549 Less: income tax expense on adjusted operating income 4,643 3,924 6,958 7,691 Adjusted operating income $ 16,890 $ 14,228 $ 24,879 $ 27,858 (1) Other expense within the adjusted operating income includes non-recurring grants of restricted stock units in connection with the initial public offering and costs associated with the transition of our former Chief Executive Officer. Tangible stockholders' equity is a non-GAAP financial measure that we use as an internal performance measure to evaluate the strength of our balance sheet and to compare returns relative to this measure. We define tangible stockholders' equity as stockholders' equity less goodwill and net intangible assets. Tangible stockholders' equity should not be considered in isolation or viewed as a substitute for stockholders' equity calculated in accordance with GAAP. Other companies may calculate tangible stockholders' equity differently. Stockholders' equity at June 30, 2020 and December 31, 2019 reconciles to tangible stockholders' equity as follows: June 30, 2020 December 31, 2019 ($ in thousands except per share amounts) Stockholders' equity $ 586,100 $ 543,031 Less: goodwill and net intangible assets 29,174 29,189 Tangible stockholders' equity $ 556,926 $ 513,842 Book value per share $ 13.52 $ 12.61 Book value per share (fully diluted) $ 12.84 $ 12.01 Tangible book value per share $ 12.85 $ 11.93 Tangible book value per share(fully diluted) $ 12.21 $ 11.37 SOURCE ProSight Global, Inc. Related Links http://www.prosightspecialty.com
edtsum187
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: DUBLIN, March 26, 2021 /PRNewswire/ -- The "Pharmaceutical Excipients Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering. The global pharmaceutical excipients market is expected to decline from $6.41 billion in 2019 to $6.12 billion in 2020 at a compound annual growth rate (CAGR) of -4.62%. Pharmaceutical Excipients Global Market Report 2020-30: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global pharmaceutical excipients market.Major players in the pharmaceutical excipients market are, Archer Daniels Midland Co., Associated British Foods, Dow Chemical Company, Evonik, Croda International Plc, Ashland, BASF SE, The Lubrizol Corporation, and Roquette Freres.The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $7.67 billion in 2023 at a CAGR of 7.84%.The pharmaceutical excipients market consists of sales of pharmaceutical excipients and related services. The excipient is a substance, not an active pharmaceutical ingredient (API) that has been evaluated for safety, and intentionally added in a drug delivery system. Excipient's major roles are to protect, support, enhance stability, bioavailability, patient acceptability, and assist in the effectiveness. The market consists of revenue generated by the companies manufacturing the pharmaceutical excipients by the sales of these excipients.In December 2018, Roquette, a global manufacturer of plant-based excipients, acquired the majority stake in Crest Cellulose for an undisclosed amount. This acquisition will increase Roquette's footprint in India and expand its portfolio. Crest Cellulose is an India-based excipient manufacturer.The pharmaceutical excipients market covered in this report is segmented by functionality into fillers and diluents; suspending and viscosity agents; coating agents; binders; flavouring agents and sweeteners; disintegrants; colorants; lubricants and glidants; others, and by type of formulation into oral formulation; topical formulation; parental formulation.Concerns related to safety and quality are expected to limit the growth of the pharmaceutical excipients market. According to the Pharmaceutical Journal, there are certain complications in children with the use of pharmaceutical drugs with excipients. For instance, the colorants used in medicine as a coloring agent may lead to sensitivity reactions and hyperactive behavior in children. Ethanol is another solvent that is widely used in an oral liquid formulation, the use of ethanol mixed medicine for children may have a risk of acute intoxication when overdose, and it may lead chronic toxicity with long term use. Concerns related to safety and quality are expected to limit the growth of the pharmaceutical excipients market.The increase in research and development in the pharmaceutical formulation to enhance the production process and product quality by using multi-functional excipients is a trend shaping the market. Excipients play a significant role in helping pharmaceutical manufacturers better support patients by increasing compliance and treatment effectiveness. For instance, Evonik's newly launched EUDRAGIT FS 100 is a solid version of the existing EUDRAGIT FS 30 D. This new multi-functional version allows pharmaceutical companies to use the polymer in many new applications, such as hot-melt extrusion, solvent spray-drying, and solvent coating, which was impossible to achieve in past decades where only the aqueous version was available.The global surge in the sale of generic drugs contributed to the growth of the pharmaceutical excipients market. Generic drugs are alternatives to the marketed brand name drug in the same dosage form, safety, strength, and route of administration and quality. According to India Brand Equity Foundation (IBEF), India is the largest provider of generic medicines; the country's generic drugs account for 20% of the global generic drug exports. Indian pharmaceutical companies received 300 generic drug approvals in the USA during 2017. The surge in the demand for generic drugs drives the pharmaceutical excipients market.Key Topics Covered: 1. Executive Summary 2. Pharmaceutical Excipients Market Characteristics 3. Pharmaceutical Excipients Market Size And Growth 3.1. Global Pharmaceutical Excipients Historic Market, 2015 - 2019, $ Billion 3.1.1. Drivers Of The Market 3.1.2. Restraints On The Market 3.2. Global Pharmaceutical Excipients Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion 3.2.1. Drivers Of The Market 3.2.2. Restraints On the Market 4. Pharmaceutical Excipients Market Segmentation 4.1. Global Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion Fillers and Diluents Suspending and Viscosity Agents Coating Agents Binders Flavouring Agents and sweeteners Disintegrants Colorants Lubricants and Glidants Others 4.2. Global Pharmaceutical Excipients Market, Segmentation By Type of Formulation, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion Oral Fromulation Topical Formulation Parental Formulation 5. Pharmaceutical Excipients Market Regional And Country Analysis 5.1. Global Pharmaceutical Excipients Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion 5.2. Global Pharmaceutical Excipients Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion Companies Mentioned Archer Daniels Midland Co. Associated British Foods Dow Chemical Company Evonik Croda International Plc Ashland BASF SE The Lubrizol Corporation Roquette Freres FMC Corporation Kerry Group Plc Wacker Chemie Avantor Performance Materials Colorcon Merck & Co DFE Pharma Innophous Holdings Signet Eastman Chemical Corporation P&G Chemicals Huntsman Corporation Valeant JRS Pharma Shin-Etsu Chemical Co. Finar Limited Pfanstiehl BENEO Chemische Fabrik Budenheim Air Liquide Peter Greven GmbH & Co. KG For more information about this report visit https://www.researchandmarkets.com/r/8myxep Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com Answer:
Global Pharmaceutical Excipients Markets, 2020-2025 & 2030: Fillers and Diluents, Suspending and Viscosity Agents, Coating Agents, Binders, Flavourings, Disintegrants, Colorants, Lubricants & Glidants
DUBLIN, March 26, 2021 /PRNewswire/ -- The "Pharmaceutical Excipients Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering. The global pharmaceutical excipients market is expected to decline from $6.41 billion in 2019 to $6.12 billion in 2020 at a compound annual growth rate (CAGR) of -4.62%. Pharmaceutical Excipients Global Market Report 2020-30: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global pharmaceutical excipients market.Major players in the pharmaceutical excipients market are, Archer Daniels Midland Co., Associated British Foods, Dow Chemical Company, Evonik, Croda International Plc, Ashland, BASF SE, The Lubrizol Corporation, and Roquette Freres.The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $7.67 billion in 2023 at a CAGR of 7.84%.The pharmaceutical excipients market consists of sales of pharmaceutical excipients and related services. The excipient is a substance, not an active pharmaceutical ingredient (API) that has been evaluated for safety, and intentionally added in a drug delivery system. Excipient's major roles are to protect, support, enhance stability, bioavailability, patient acceptability, and assist in the effectiveness. The market consists of revenue generated by the companies manufacturing the pharmaceutical excipients by the sales of these excipients.In December 2018, Roquette, a global manufacturer of plant-based excipients, acquired the majority stake in Crest Cellulose for an undisclosed amount. This acquisition will increase Roquette's footprint in India and expand its portfolio. Crest Cellulose is an India-based excipient manufacturer.The pharmaceutical excipients market covered in this report is segmented by functionality into fillers and diluents; suspending and viscosity agents; coating agents; binders; flavouring agents and sweeteners; disintegrants; colorants; lubricants and glidants; others, and by type of formulation into oral formulation; topical formulation; parental formulation.Concerns related to safety and quality are expected to limit the growth of the pharmaceutical excipients market. According to the Pharmaceutical Journal, there are certain complications in children with the use of pharmaceutical drugs with excipients. For instance, the colorants used in medicine as a coloring agent may lead to sensitivity reactions and hyperactive behavior in children. Ethanol is another solvent that is widely used in an oral liquid formulation, the use of ethanol mixed medicine for children may have a risk of acute intoxication when overdose, and it may lead chronic toxicity with long term use. Concerns related to safety and quality are expected to limit the growth of the pharmaceutical excipients market.The increase in research and development in the pharmaceutical formulation to enhance the production process and product quality by using multi-functional excipients is a trend shaping the market. Excipients play a significant role in helping pharmaceutical manufacturers better support patients by increasing compliance and treatment effectiveness. For instance, Evonik's newly launched EUDRAGIT FS 100 is a solid version of the existing EUDRAGIT FS 30 D. This new multi-functional version allows pharmaceutical companies to use the polymer in many new applications, such as hot-melt extrusion, solvent spray-drying, and solvent coating, which was impossible to achieve in past decades where only the aqueous version was available.The global surge in the sale of generic drugs contributed to the growth of the pharmaceutical excipients market. Generic drugs are alternatives to the marketed brand name drug in the same dosage form, safety, strength, and route of administration and quality. According to India Brand Equity Foundation (IBEF), India is the largest provider of generic medicines; the country's generic drugs account for 20% of the global generic drug exports. Indian pharmaceutical companies received 300 generic drug approvals in the USA during 2017. The surge in the demand for generic drugs drives the pharmaceutical excipients market.Key Topics Covered: 1. Executive Summary 2. Pharmaceutical Excipients Market Characteristics 3. Pharmaceutical Excipients Market Size And Growth 3.1. Global Pharmaceutical Excipients Historic Market, 2015 - 2019, $ Billion 3.1.1. Drivers Of The Market 3.1.2. Restraints On The Market 3.2. Global Pharmaceutical Excipients Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion 3.2.1. Drivers Of The Market 3.2.2. Restraints On the Market 4. Pharmaceutical Excipients Market Segmentation 4.1. Global Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion Fillers and Diluents Suspending and Viscosity Agents Coating Agents Binders Flavouring Agents and sweeteners Disintegrants Colorants Lubricants and Glidants Others 4.2. Global Pharmaceutical Excipients Market, Segmentation By Type of Formulation, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion Oral Fromulation Topical Formulation Parental Formulation 5. Pharmaceutical Excipients Market Regional And Country Analysis 5.1. Global Pharmaceutical Excipients Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion 5.2. Global Pharmaceutical Excipients Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion Companies Mentioned Archer Daniels Midland Co. Associated British Foods Dow Chemical Company Evonik Croda International Plc Ashland BASF SE The Lubrizol Corporation Roquette Freres FMC Corporation Kerry Group Plc Wacker Chemie Avantor Performance Materials Colorcon Merck & Co DFE Pharma Innophous Holdings Signet Eastman Chemical Corporation P&G Chemicals Huntsman Corporation Valeant JRS Pharma Shin-Etsu Chemical Co. Finar Limited Pfanstiehl BENEO Chemische Fabrik Budenheim Air Liquide Peter Greven GmbH & Co. KG For more information about this report visit https://www.researchandmarkets.com/r/8myxep Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com
edtsum188
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: PUNE, India, Aug. 17, 2020 /PRNewswire/ -- The Data Science Platform Market is predicted to grow at a CAGR of 31.1% by generating a revenue of $224.3 billion by 2026. Data science is the platform to find and analyze the work that has been done earlier, making the job of the data scientist easier. Data science is a combination of analysis tools, techniques and statistics which helps to understand the data in a precise manner so that it will be helpful in taking decisions and building strategies. Download Sample Report [70 pages] https://www.researchdive.com/download-sample/77 Data science assesses, builds and controls the data which helps to take predictive decisions. With growing digitalization, data science and its platforms & tools play a crucial role in taking decisions and building strategies for the company, which helps them to update their business process and acquire new clients. So, increasing adoption of data analytical tools is a major driving factor for the growth of the data science platform market. Data science is a new field in the era of digitalization and many professionals are not experienced to handle complex issues in the data science platform. Lack of domain expertise in the particular field is considered to be the major restraint of the digital science platform. Data breach is also considered as a major restraint as the data scientists use open sources for fetching their data. There are high chances of getting the data leakage due to which it is considered to be the major concern for the market. Depending on the type the market is segmented into services and solutions. Service segment was $8.2 billion in 2018 and is predicted to generate a revenue of $76.0 billion by 2026. Service segment is mainly driven due to increasing complexity in the operational field in the organization and the increasing use of business intelligence tools. Servicesegment also provides assistance to the clients to solve the toughest part and guide them to solve the issue. Depending on the end use the market is segmented into telecommunication, BFSI, healthcare, transport and logistics, manufacturing, education, retail, government, energy and utilities.BFSI segment for the data science platform market was $6.09 billion in 2018 and is predicted to grow at a CAGR of 29.4% in the forecast period. With the help of data science platform, BFSI segment helps to detect the fraud, providing services to the clients and valuable insights with the trends in the credit market, which helps the policymakers to build the strategy and make the decision. COVID-19 pandemic has shown to have an enormous impact on most industries. Access our comprehensive analysis of the IMPACT OF COVID-19 ON DATA SCIENCE PLATFORM MARKET https://www.researchdive.com/connect-to-analyst/77 Depending on the region, the market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America Data Science Platform Market was $9.8 billion in 2018 and is predicted to generate a revenue of $80.3 billion by 2026. The growing use of internet of things (IoT) and cloud helps the company for the use of data science tools for handling and fetching the data. This scenario is predicted to drive the market growth in the North America region. Top 10 Companies in the Data Science Platform Market: Databricks Alphabet Inc. (Google) Domino Data Lab, Inc. Dataiku Civis Analytics Cloudera, Inc. Anaconda, Inc. IBM Corporation Altair Engineering, Inc. Microsoft Corporation among others Moreover, the report offers a brief summary of business overview including financial performance, product portfolio, recent strategic moves & developments, and SWOT analysis of all key players of the market. Inquire Before Purchase Read More About Data Science Platform: Global Data Science Platform Market to Foresee Positive Growth in the Near Future Owing to its Wide Range of Use in Various Industries Data Science Platform: A Centralized Flexible Platform and a Software Hub for Business Similar Reports: Workforce Management Market: Global Opportunity Analysis and Industry Forecast, 20202027 Download TOC Sample Remote Access Software Market:Global Opportunity Analysis and Industry Forecast, 20192026 Download TOC Sample About Research Dive Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact: Mr. Abhishek PaliwalResearch Dive30 Wall St. 8th Floor, New York NY 10005(P) +91-(788)-802-9103 (India)+1-(917)-444-1262 (US)Toll Free: 1-888-961-4454E-mail: [emailprotected]Website: https://www.researchdive.comBlog: https://www.researchdive.com/blog/ LinkedIn: https://www.linkedin.com/company/research-dive/ Twitter: https://twitter.com/ResearchDive Facebook: https://www.facebook.com/Research-Dive-1385542314927521 SOURCE Research Dive Answer:
Growing Adoption of Analytical Tools to Give Significant Uplift to the Growth of Global Data Science Platform Market - Exclusive Report [140 pages] by Research Dive English English
PUNE, India, Aug. 17, 2020 /PRNewswire/ -- The Data Science Platform Market is predicted to grow at a CAGR of 31.1% by generating a revenue of $224.3 billion by 2026. Data science is the platform to find and analyze the work that has been done earlier, making the job of the data scientist easier. Data science is a combination of analysis tools, techniques and statistics which helps to understand the data in a precise manner so that it will be helpful in taking decisions and building strategies. Download Sample Report [70 pages] https://www.researchdive.com/download-sample/77 Data science assesses, builds and controls the data which helps to take predictive decisions. With growing digitalization, data science and its platforms & tools play a crucial role in taking decisions and building strategies for the company, which helps them to update their business process and acquire new clients. So, increasing adoption of data analytical tools is a major driving factor for the growth of the data science platform market. Data science is a new field in the era of digitalization and many professionals are not experienced to handle complex issues in the data science platform. Lack of domain expertise in the particular field is considered to be the major restraint of the digital science platform. Data breach is also considered as a major restraint as the data scientists use open sources for fetching their data. There are high chances of getting the data leakage due to which it is considered to be the major concern for the market. Depending on the type the market is segmented into services and solutions. Service segment was $8.2 billion in 2018 and is predicted to generate a revenue of $76.0 billion by 2026. Service segment is mainly driven due to increasing complexity in the operational field in the organization and the increasing use of business intelligence tools. Servicesegment also provides assistance to the clients to solve the toughest part and guide them to solve the issue. Depending on the end use the market is segmented into telecommunication, BFSI, healthcare, transport and logistics, manufacturing, education, retail, government, energy and utilities.BFSI segment for the data science platform market was $6.09 billion in 2018 and is predicted to grow at a CAGR of 29.4% in the forecast period. With the help of data science platform, BFSI segment helps to detect the fraud, providing services to the clients and valuable insights with the trends in the credit market, which helps the policymakers to build the strategy and make the decision. COVID-19 pandemic has shown to have an enormous impact on most industries. Access our comprehensive analysis of the IMPACT OF COVID-19 ON DATA SCIENCE PLATFORM MARKET https://www.researchdive.com/connect-to-analyst/77 Depending on the region, the market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America Data Science Platform Market was $9.8 billion in 2018 and is predicted to generate a revenue of $80.3 billion by 2026. The growing use of internet of things (IoT) and cloud helps the company for the use of data science tools for handling and fetching the data. This scenario is predicted to drive the market growth in the North America region. Top 10 Companies in the Data Science Platform Market: Databricks Alphabet Inc. (Google) Domino Data Lab, Inc. Dataiku Civis Analytics Cloudera, Inc. Anaconda, Inc. IBM Corporation Altair Engineering, Inc. Microsoft Corporation among others Moreover, the report offers a brief summary of business overview including financial performance, product portfolio, recent strategic moves & developments, and SWOT analysis of all key players of the market. Inquire Before Purchase Read More About Data Science Platform: Global Data Science Platform Market to Foresee Positive Growth in the Near Future Owing to its Wide Range of Use in Various Industries Data Science Platform: A Centralized Flexible Platform and a Software Hub for Business Similar Reports: Workforce Management Market: Global Opportunity Analysis and Industry Forecast, 20202027 Download TOC Sample Remote Access Software Market:Global Opportunity Analysis and Industry Forecast, 20192026 Download TOC Sample About Research Dive Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact: Mr. Abhishek PaliwalResearch Dive30 Wall St. 8th Floor, New York NY 10005(P) +91-(788)-802-9103 (India)+1-(917)-444-1262 (US)Toll Free: 1-888-961-4454E-mail: [emailprotected]Website: https://www.researchdive.comBlog: https://www.researchdive.com/blog/ LinkedIn: https://www.linkedin.com/company/research-dive/ Twitter: https://twitter.com/ResearchDive Facebook: https://www.facebook.com/Research-Dive-1385542314927521 SOURCE Research Dive
edtsum189
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK, Nov. 10, 2020 /PRNewswire/ --Global Hepatitis B Vaccines Market 2020-2024 The analyst has been monitoring the hepatitis b vaccines market and it is poised to grow by $ 524.00 mn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on the hepatitis B vaccines market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Read the full report: https://www.reportlinker.com/p05983253/?utm_source=PRN The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the high prevalence of hepatitis B globally, rising initiatives to increase awareness about hepatitis B, and increasing funding for the development of vaccines. In addition, the high prevalence of hepatitis B globally is anticipated to boost the growth of the market as well. The hepatitis B vaccines market analysis includes end-user segment, type segment, and geographical landscapes. The hepatitis b vaccines market is segmented as below: By End-user Adult Pediatric By Type Mono Vaccines Combination Vaccines By Geographical Landscapes North America Europe Asia ROW This study identifies the rising awareness of immunization in low- and middle-income countries as one of the prime reasons driving the hepatitis B vaccine market growth during the next few years. Also, new technological advancements and a strong pipeline will lead to sizable demand in the market. The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the hepatitis b vaccines market covers the following areas: Hepatitis b vaccines market sizing Hepatitis b vaccines market forecast Hepatitis b vaccines market industry analysis Read the full report: https://www.reportlinker.com/p05983253/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com Answer:
The Global Hepatitis B Vaccines Market is expected to grow by $ 524.00 mn during 2020-2024, progressing at a CAGR of 4% during the forecast period
NEW YORK, Nov. 10, 2020 /PRNewswire/ --Global Hepatitis B Vaccines Market 2020-2024 The analyst has been monitoring the hepatitis b vaccines market and it is poised to grow by $ 524.00 mn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on the hepatitis B vaccines market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Read the full report: https://www.reportlinker.com/p05983253/?utm_source=PRN The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the high prevalence of hepatitis B globally, rising initiatives to increase awareness about hepatitis B, and increasing funding for the development of vaccines. In addition, the high prevalence of hepatitis B globally is anticipated to boost the growth of the market as well. The hepatitis B vaccines market analysis includes end-user segment, type segment, and geographical landscapes. The hepatitis b vaccines market is segmented as below: By End-user Adult Pediatric By Type Mono Vaccines Combination Vaccines By Geographical Landscapes North America Europe Asia ROW This study identifies the rising awareness of immunization in low- and middle-income countries as one of the prime reasons driving the hepatitis B vaccine market growth during the next few years. Also, new technological advancements and a strong pipeline will lead to sizable demand in the market. The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the hepatitis b vaccines market covers the following areas: Hepatitis b vaccines market sizing Hepatitis b vaccines market forecast Hepatitis b vaccines market industry analysis Read the full report: https://www.reportlinker.com/p05983253/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com
edtsum190
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NEW YORK--(BUSINESS WIRE)--Today, American Express (NYSE: AXP) is launching new offers for eligible1 U.S. Consumer and Business Delta SkyMiles, Hilton Honors and Marriott Bonvoy Card Members. These new dining and wireless offers reward Card Members whether theyre running a business remotely, ordering takeout from restaurants or planning future travel from the comfort of their home. This is part of American Express long-term strategy to continually evolve its products, benefits and offers to best meet its customers' changing needs. Since the start of the pandemic, American Express has added new offers in non-travel categories like grocery and gas for Cobrand Card Members so they could continue to earn points or miles and get value when they werent spending on travel. As a result of these offers, Card Members have remained loyal, continuing to use their Cobrand Cards to earn points or miles towards future travel. We want to support how our customers are living their lives and running their businesses today, which is why we focused our statement credits on restaurants and wireless. We are also giving our Delta Card Members more ways to build up their bank of miles and earn higher status now for when they feel they are ready to travel again, said Eva Reda, Executive Vice President and General Manager, Global Consumer Lending & Cobrand at American Express. In addition to rewarding Card Members for spending at restaurants, American Express and Resy are supporting the restaurant industry with #TakeOutTuesday. This new campaign encourages Card Members to eat at their favorite restaurants hit hard by the pandemic. To be eligible for these offers, U.S. Consumer and Business Delta SkyMiles, Hilton Honors, and Marriott Bonvoy American Express Card Members1 must have a Card as of January 1, 2021 and must enroll via Amex Offers. No enrollment is required for U.S. Consumer and Business Delta SkyMiles Platinum and Reserve American Express Card Members2 to take advantage of Deltas Status Boost Special Offer. New Consumer Dining Amex Offers Through 2021 Eligible U.S. Consumer Cobrand Card Members1 can enroll to earn up to $220 in statement credits at U.S. restaurants, whether they dine in or take out through December 31,2021. Offers include: Valuable Business Offers to Keep Connected this Year Eligible U.S. Business Cobrand Card Members1 can enroll to earn up to $220 in statement credits on U.S. wireless telephone services through December 31, 2021. Offers include: More Ways to Earn Rewards Eligible U.S. Consumer Cobrand Card Members1 can enroll to earn points or miles. Offers include: To enroll in these valuable new offers, Card Members can visit Amex Offers through the Amex mobile app or online account. To learn more and for complete offer terms, visit here. Footnotes: 1: Must be an eligible Delta SkyMiles or Hilton Honors or Marriott Bonvoy American Express Card Member as of January 1, 2021. Additional limitations apply for Marriott Bonvoy American Express Card Members. 2: Status Boost offer is available from January 1, 2021- December 31, 2021. Enrollment not required. 3: If you have multiple eligible Cards, you will only be able to enroll one eligible Card for this offer. ABOUT AMERICAN EXPRESS American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility Source: American Express Company Location: U.S. Answer:
American Express Introduces New Limited-Time Offers for U.S. Consumer and Business Delta SkyMiles, Hilton Honors and Marriott Bonvoy Card Members Eligible Card Members can enroll and get up to $220 in statement credits on U.S. dining and wireless telephone services, plus earn more rewards on everyday purchases
NEW YORK--(BUSINESS WIRE)--Today, American Express (NYSE: AXP) is launching new offers for eligible1 U.S. Consumer and Business Delta SkyMiles, Hilton Honors and Marriott Bonvoy Card Members. These new dining and wireless offers reward Card Members whether theyre running a business remotely, ordering takeout from restaurants or planning future travel from the comfort of their home. This is part of American Express long-term strategy to continually evolve its products, benefits and offers to best meet its customers' changing needs. Since the start of the pandemic, American Express has added new offers in non-travel categories like grocery and gas for Cobrand Card Members so they could continue to earn points or miles and get value when they werent spending on travel. As a result of these offers, Card Members have remained loyal, continuing to use their Cobrand Cards to earn points or miles towards future travel. We want to support how our customers are living their lives and running their businesses today, which is why we focused our statement credits on restaurants and wireless. We are also giving our Delta Card Members more ways to build up their bank of miles and earn higher status now for when they feel they are ready to travel again, said Eva Reda, Executive Vice President and General Manager, Global Consumer Lending & Cobrand at American Express. In addition to rewarding Card Members for spending at restaurants, American Express and Resy are supporting the restaurant industry with #TakeOutTuesday. This new campaign encourages Card Members to eat at their favorite restaurants hit hard by the pandemic. To be eligible for these offers, U.S. Consumer and Business Delta SkyMiles, Hilton Honors, and Marriott Bonvoy American Express Card Members1 must have a Card as of January 1, 2021 and must enroll via Amex Offers. No enrollment is required for U.S. Consumer and Business Delta SkyMiles Platinum and Reserve American Express Card Members2 to take advantage of Deltas Status Boost Special Offer. New Consumer Dining Amex Offers Through 2021 Eligible U.S. Consumer Cobrand Card Members1 can enroll to earn up to $220 in statement credits at U.S. restaurants, whether they dine in or take out through December 31,2021. Offers include: Valuable Business Offers to Keep Connected this Year Eligible U.S. Business Cobrand Card Members1 can enroll to earn up to $220 in statement credits on U.S. wireless telephone services through December 31, 2021. Offers include: More Ways to Earn Rewards Eligible U.S. Consumer Cobrand Card Members1 can enroll to earn points or miles. Offers include: To enroll in these valuable new offers, Card Members can visit Amex Offers through the Amex mobile app or online account. To learn more and for complete offer terms, visit here. Footnotes: 1: Must be an eligible Delta SkyMiles or Hilton Honors or Marriott Bonvoy American Express Card Member as of January 1, 2021. Additional limitations apply for Marriott Bonvoy American Express Card Members. 2: Status Boost offer is available from January 1, 2021- December 31, 2021. Enrollment not required. 3: If you have multiple eligible Cards, you will only be able to enroll one eligible Card for this offer. ABOUT AMERICAN EXPRESS American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility Source: American Express Company Location: U.S.
edtsum191
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: CINCINNATI, May 13, 2020 /PRNewswire/ -- Clubessential, the leading provider of full-suite and mobile-first private club management software and payment services, today announced a solution suite enabling private clubs to interact with members digitally, while also bringing value virtually. This touchless suite is to assist the many clubs that have recently been forced to pivot their operations around new government restrictions. For many clubs, investment decisions have historically centered on facilities and capital equipment, but over the last 6 weeks, private clubs have had to innovate new operational processes that balance the safety of their members with the connection and personal experience those same members desire. Using software and mobile-first technology as a critical success factor in delivering this experience is evident, and one that will persist well beyond the temporary changes clubs are currently managing. Take-out dining and restricted golf experiences are examples of this response. But as clubs prepare to reopen their doors, there's a need for technology that will allow them to manage their operations and deliver member experiences in a phased and controlled manner. With over twenty years serving private clubs, Clubessential's strong history and mobile-first approach are creating a smooth transition for its customers as they deploy new touch-less experiences. "We want your members to view your club as a valued service that they can't do without. We look at our business and think the same about you,"said Lynn Mangan, President of Clubessential. "We want our technology to deliver solutions that allow you to create members for life. Easy, functional, practical and innovative to provide the best member experiences possible and run your club with ease and precision. These are solutions that will benefit your clubs and members long-term." Clubessential's new Essential Suite empowers clubs to make data-driven decisions and develop a safe touchless club experience, while delivering value that enables members to pursue and enjoy the club lifestyle anywhere, with the frictionless user-experiences they've come to expect. Solutions include Mobile Point of Sale for tee times and outdoor dining, Mobile Ordering for to-go, curbside pick-up, ready-to-make meals and grocery ordering. The Essential Suite contains self-serve kiosks and check-in for golf and other activities, reservations for restricting and tracking capacity from the course to courts, fitness center and pool. In addition to its flexible tee sheets, the suite provides clubs new ways to service their members through an online retail ordering. The Essential Suite also supports secure online and touchless payments. From distance dining, to remote community engagements, to new restrictions in reservations, these solutions enable clubs to safely address this new reality while still delivering the lifestyle, value, and brand of the club. General Managers can access compliance reporting on space usage and contact tracing, benchmark and compare trends in spend, club utilization, online ordering, online booking, and timeliness of payments to understand member engagement and make decisions on club accessibility and operations. They can control the number of members utilizing courses, courts, pools, and fitness centers, and build in time for sanitizing through configured reservation booking. They can expand outdoor dining, shift large annual club events to take-and-go virtual activities, and communicate important reopening information through the preferred channel of their members. Greg Gilg, General Manager at Field Club of Omahaexemplifies a club that's pivoted in this new environment. "We had to identify a way to deliver what our long-time members have come to expect while also allocating resources to the new and exciting things our newer members demand," explained Greg. "This suite provides the tools our team needs to enhance the member experience, and our members are responding. 60% of our members are using mobile for activities like to-go orders, groceries, and Mother's Day Spa Baskets." Members have the ability to exercise social distancing through online ordering, self check-in, and booking family reservations. And for those members not ready to return to the club immediately, they can order their favorite food to-go, have groceries delivered, manage their bills and payments, and participate in virtual club events like online wine tastings, golf instruction, and fitness classes. The Essential Suite allows members to engage with their club based on their level of comfort well beyond state mandates. Members can now connect and access the club, both on and off grounds, in ways that are responsible and intuitive. This allows clubs to engage and retain their members, as well as nurture new prospective members. Through these virtually connected experiences, General Managers can also make operational decisions with the safety of members and the financial health of the club in mind. You can learn more about the Essential Suite for your club here. Clubessential Clubessential provides a full suite of membership and club management solutions to country, golf, city, yacht and other private clubs. The Clubessential Suite consists of website, tee times, mobile apps, accounting, POS, CRM, payments and other software solutions that help over 1,300 private clubs better attract, engage and retain their members. Clubessential Holdings LLC Clubessential Holdings is a Battery Ventures company, fulfilling their global mission of investing in and creating cutting-edge, category-defining businesses by providing a full suite of membership and club management Software as a Service solutions to private clubs, health & fitness clubs, military organizations, municipalities, and college athletic programs. Across four brands - Clubessential, ClubReady, PrestoSports and Vermont Systems - the company offers a variety of forward-thinking technology and services which help more than 8,000 customers attract, engage, and retain club and community members and fans for life. For more information, visit the following websites: Clubessential http://www.clubessential.com; ClubReady http://www.clubready.com; PrestoSports http://www.prestosports.com; Vermont Systems: http://www.vermontsystems.com. Media ContactMarilyn CoxPhone: 513-322-4194Email: [emailprotected] Related Images image1.png SOURCE Clubessential Related Links http://www.clubessential.com Answer:
Clubessential Doubles-Down on Mobile With Their Essential Suite for Private Clubs to Provide Safer Member Experiences The Essential Suite Allows Private Clubs to Provide Safe Member Experiences and Deliver Virtual Value to its Members
CINCINNATI, May 13, 2020 /PRNewswire/ -- Clubessential, the leading provider of full-suite and mobile-first private club management software and payment services, today announced a solution suite enabling private clubs to interact with members digitally, while also bringing value virtually. This touchless suite is to assist the many clubs that have recently been forced to pivot their operations around new government restrictions. For many clubs, investment decisions have historically centered on facilities and capital equipment, but over the last 6 weeks, private clubs have had to innovate new operational processes that balance the safety of their members with the connection and personal experience those same members desire. Using software and mobile-first technology as a critical success factor in delivering this experience is evident, and one that will persist well beyond the temporary changes clubs are currently managing. Take-out dining and restricted golf experiences are examples of this response. But as clubs prepare to reopen their doors, there's a need for technology that will allow them to manage their operations and deliver member experiences in a phased and controlled manner. With over twenty years serving private clubs, Clubessential's strong history and mobile-first approach are creating a smooth transition for its customers as they deploy new touch-less experiences. "We want your members to view your club as a valued service that they can't do without. We look at our business and think the same about you,"said Lynn Mangan, President of Clubessential. "We want our technology to deliver solutions that allow you to create members for life. Easy, functional, practical and innovative to provide the best member experiences possible and run your club with ease and precision. These are solutions that will benefit your clubs and members long-term." Clubessential's new Essential Suite empowers clubs to make data-driven decisions and develop a safe touchless club experience, while delivering value that enables members to pursue and enjoy the club lifestyle anywhere, with the frictionless user-experiences they've come to expect. Solutions include Mobile Point of Sale for tee times and outdoor dining, Mobile Ordering for to-go, curbside pick-up, ready-to-make meals and grocery ordering. The Essential Suite contains self-serve kiosks and check-in for golf and other activities, reservations for restricting and tracking capacity from the course to courts, fitness center and pool. In addition to its flexible tee sheets, the suite provides clubs new ways to service their members through an online retail ordering. The Essential Suite also supports secure online and touchless payments. From distance dining, to remote community engagements, to new restrictions in reservations, these solutions enable clubs to safely address this new reality while still delivering the lifestyle, value, and brand of the club. General Managers can access compliance reporting on space usage and contact tracing, benchmark and compare trends in spend, club utilization, online ordering, online booking, and timeliness of payments to understand member engagement and make decisions on club accessibility and operations. They can control the number of members utilizing courses, courts, pools, and fitness centers, and build in time for sanitizing through configured reservation booking. They can expand outdoor dining, shift large annual club events to take-and-go virtual activities, and communicate important reopening information through the preferred channel of their members. Greg Gilg, General Manager at Field Club of Omahaexemplifies a club that's pivoted in this new environment. "We had to identify a way to deliver what our long-time members have come to expect while also allocating resources to the new and exciting things our newer members demand," explained Greg. "This suite provides the tools our team needs to enhance the member experience, and our members are responding. 60% of our members are using mobile for activities like to-go orders, groceries, and Mother's Day Spa Baskets." Members have the ability to exercise social distancing through online ordering, self check-in, and booking family reservations. And for those members not ready to return to the club immediately, they can order their favorite food to-go, have groceries delivered, manage their bills and payments, and participate in virtual club events like online wine tastings, golf instruction, and fitness classes. The Essential Suite allows members to engage with their club based on their level of comfort well beyond state mandates. Members can now connect and access the club, both on and off grounds, in ways that are responsible and intuitive. This allows clubs to engage and retain their members, as well as nurture new prospective members. Through these virtually connected experiences, General Managers can also make operational decisions with the safety of members and the financial health of the club in mind. You can learn more about the Essential Suite for your club here. Clubessential Clubessential provides a full suite of membership and club management solutions to country, golf, city, yacht and other private clubs. The Clubessential Suite consists of website, tee times, mobile apps, accounting, POS, CRM, payments and other software solutions that help over 1,300 private clubs better attract, engage and retain their members. Clubessential Holdings LLC Clubessential Holdings is a Battery Ventures company, fulfilling their global mission of investing in and creating cutting-edge, category-defining businesses by providing a full suite of membership and club management Software as a Service solutions to private clubs, health & fitness clubs, military organizations, municipalities, and college athletic programs. Across four brands - Clubessential, ClubReady, PrestoSports and Vermont Systems - the company offers a variety of forward-thinking technology and services which help more than 8,000 customers attract, engage, and retain club and community members and fans for life. For more information, visit the following websites: Clubessential http://www.clubessential.com; ClubReady http://www.clubready.com; PrestoSports http://www.prestosports.com; Vermont Systems: http://www.vermontsystems.com. Media ContactMarilyn CoxPhone: 513-322-4194Email: [emailprotected] Related Images image1.png SOURCE Clubessential Related Links http://www.clubessential.com
edtsum192
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: WEST HAVEN, Conn., Nov. 24, 2020 /PRNewswire/ --Device42, developer of the most comprehensive discovery and assessment system for Hybrid IT, today announced the appointment of Andrew Wharton as VP of Engineering and Mark Holland as VP of Customer Success. These appointments come along with the continued expansion of Device42 with twenty new hires across Sales, Ecosystem, Marketing, and Development. "Andrew is an extremely experienced development leader with over 30 years of experience. His work across numerous cloud leaders like AWS, Oracle, and Dyn make him the ideal person to expand and scale Device42's technology and development organization,"said Raj Jalan, Device42's CEO. Prior to joining Device42, Andrew was Senior Software Development Manager for Amazon Web Services (AWS) where he was responsible for AWS Migration Hub. Before AWS, Andrew was with Oracle after the company acquired Dyn where he served as VP of Engineering. His experience also includes working at Acquia, Qvidian, Nokia, and Lotus. Device42 also welcomed Mark Holland as VP of Customer Success. Prior to joining Device42, Mark was VP of Customer Success Excellence at Toast. Before Toast, Mark led both customer success and community management for Applause. Mark Holland commented, "Device42 has built a great product with amazing customers. I am excited for the opportunity to help our customers recognize value from our solutions as we grow and expand our broad customer base." "Mark is a proven leader in the area of customer success. His prior work leading customer success teams at numerous high-growth companies such as Toast and Applause will provide a strong foundation for his work here at Device42," said Device42 CEO Raj Jalan. He added "Making sure our customers are successful and happy has always been a core tenant of our business. Mark will be responsible for building on the Device42 mantra of being 'shockingly easy to do business with' as we scale." In addition to the hire of Andrew Wharton and Mark Holland, Device42 also announced that they have added over twenty new employees across the company. "We continue to see a large market opportunity for discovery and assessment, and are building a team to match that need," said CEO Raj Jalan. About Device42Device42 is the most comprehensive agentless discovery system for Hybrid IT available today. Device42 continuously discovers and maps infrastructure and applications across data centers and cloud, providing accurate views of IT ecosystems. Customers in more than 60 countries including Global 2000 clients and Systems Integrators use these capabilities as they manage and modernize their IT infrastructure and application landscapes and adopt DevOps practices. Press contact: Damian Roskill [emailprotected] SOURCE Device42 Related Links https://device42.com Answer:
Device42 Continues Expansion with Key Hires Andrew Wharton joins as VP of Engineering; Mark Holland joins as VP of Customer Success
WEST HAVEN, Conn., Nov. 24, 2020 /PRNewswire/ --Device42, developer of the most comprehensive discovery and assessment system for Hybrid IT, today announced the appointment of Andrew Wharton as VP of Engineering and Mark Holland as VP of Customer Success. These appointments come along with the continued expansion of Device42 with twenty new hires across Sales, Ecosystem, Marketing, and Development. "Andrew is an extremely experienced development leader with over 30 years of experience. His work across numerous cloud leaders like AWS, Oracle, and Dyn make him the ideal person to expand and scale Device42's technology and development organization,"said Raj Jalan, Device42's CEO. Prior to joining Device42, Andrew was Senior Software Development Manager for Amazon Web Services (AWS) where he was responsible for AWS Migration Hub. Before AWS, Andrew was with Oracle after the company acquired Dyn where he served as VP of Engineering. His experience also includes working at Acquia, Qvidian, Nokia, and Lotus. Device42 also welcomed Mark Holland as VP of Customer Success. Prior to joining Device42, Mark was VP of Customer Success Excellence at Toast. Before Toast, Mark led both customer success and community management for Applause. Mark Holland commented, "Device42 has built a great product with amazing customers. I am excited for the opportunity to help our customers recognize value from our solutions as we grow and expand our broad customer base." "Mark is a proven leader in the area of customer success. His prior work leading customer success teams at numerous high-growth companies such as Toast and Applause will provide a strong foundation for his work here at Device42," said Device42 CEO Raj Jalan. He added "Making sure our customers are successful and happy has always been a core tenant of our business. Mark will be responsible for building on the Device42 mantra of being 'shockingly easy to do business with' as we scale." In addition to the hire of Andrew Wharton and Mark Holland, Device42 also announced that they have added over twenty new employees across the company. "We continue to see a large market opportunity for discovery and assessment, and are building a team to match that need," said CEO Raj Jalan. About Device42Device42 is the most comprehensive agentless discovery system for Hybrid IT available today. Device42 continuously discovers and maps infrastructure and applications across data centers and cloud, providing accurate views of IT ecosystems. Customers in more than 60 countries including Global 2000 clients and Systems Integrators use these capabilities as they manage and modernize their IT infrastructure and application landscapes and adopt DevOps practices. Press contact: Damian Roskill [emailprotected] SOURCE Device42 Related Links https://device42.com
edtsum193
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: WASHINGTON, Nov. 3, 2020 /PRNewswire/ -- As Americans head to the polls on Election Day, U.S. Chamber of Commerce CEO Thomas J. Donohue, National Association of Evangelicals President Walter Kim, AFL-CIO President Richard L. Trumka and National African American Clergy Network Co-Convener Dr. Barbara Williams-Skinner called for all votes to be counted in accordance with applicable laws: "As leaders in business, labor, and the faith community, we celebrate the record turnout this election has produced. "With voting ending today, it is imperative that election officials be given the space and time to count every vote in accordance with applicable laws. We call on the media, the candidates and the American people to exercise patience with the process and trust in our system, even if it requires more time than usual. It is important to remember that challenges are a normal part of every election. We are confident our country and its institutions can rise to this historic moment. "Although we may not always agree on desired outcomes up and down the ballot, we are united in our call for the American democratic process to proceed without violence, intimidation, or any other tactic that makes us weaker as a nation. A free and fair election is one in which everyone eligible to cast a ballot can, all ballots are counted consistent with the law, and the American people, through their votes, determine the outcome." SOURCE AFL-CIO Answer:
AFL-CIO, Chamber of Commerce, National Faith Leaders Call for Votes to Be Counted
WASHINGTON, Nov. 3, 2020 /PRNewswire/ -- As Americans head to the polls on Election Day, U.S. Chamber of Commerce CEO Thomas J. Donohue, National Association of Evangelicals President Walter Kim, AFL-CIO President Richard L. Trumka and National African American Clergy Network Co-Convener Dr. Barbara Williams-Skinner called for all votes to be counted in accordance with applicable laws: "As leaders in business, labor, and the faith community, we celebrate the record turnout this election has produced. "With voting ending today, it is imperative that election officials be given the space and time to count every vote in accordance with applicable laws. We call on the media, the candidates and the American people to exercise patience with the process and trust in our system, even if it requires more time than usual. It is important to remember that challenges are a normal part of every election. We are confident our country and its institutions can rise to this historic moment. "Although we may not always agree on desired outcomes up and down the ballot, we are united in our call for the American democratic process to proceed without violence, intimidation, or any other tactic that makes us weaker as a nation. A free and fair election is one in which everyone eligible to cast a ballot can, all ballots are counted consistent with the law, and the American people, through their votes, determine the outcome." SOURCE AFL-CIO
edtsum194
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: AUSTIN, Texas--(BUSINESS WIRE)--Elena Ionenko, co-founder of TurnKey Lender, has been selected as Finovates 2020 Innovator of the Year. The Award Winners were announced this week at the FinovateFall Digital event. Its a wonderful recognition of our teams efforts in an extraordinary year, says Ionenko. Our company has innovation baked into its DNA which comes in handy when your core mission is to bring profitable new ideas to the banking space, a sometimes hyper-conservative industry. The Innovator of the Year Award is given to an individual whose innovative ideas and creations have had the greatest impact on the financial technology industry for the year. Weve long been a champion of artificial intelligence in lending, and its all coming together this year, says TurnKey Lender CEO and co-founder Dmitry Voronenko. Were applying it not just to loan origination, where its been used for a while, but to every phase of the loan lifecycle and businesses around the world have responded with genuine interest. In just five years, TurnKey Lender entered over 40 global markets, and provided customization for auto financing, P2P lending, factoring and invoice financing, in-house retail financing, and digital banking. Were determined to continue leading the financial industry as a global leader in Unified Lending Management, says Ionenko. This means serving large financial institutions with sophisticated processes and multiple credit products as well as non-lending organizations that want to sell more of their goods and services by providing buy-now-pay-later purchase options to their customers. TurnKey Lenders Unified Lending Solution is an intelligent unified lending management system that automates loan processing from origination to settlement. The digital platform includes a borrowers portal, instant application processing, risk assessment, decisioning, loan origination, underwriting, servicing, collections, reporting, archiving, and compliance. This allows for better user experiences for lenders and borrowers alike at a time when seamless digital lending processes are vital. For TurnKey Lender, the award of the 2020 Innovator of the Year by Finovate to Ionenko is a sign the company is on the right track in driving the industry forward at a critical time in history. Answer:
TurnKey Lender Co-Founder Elena Ionenko Awarded Winner of Finovates 2020 Innovator of the Year
AUSTIN, Texas--(BUSINESS WIRE)--Elena Ionenko, co-founder of TurnKey Lender, has been selected as Finovates 2020 Innovator of the Year. The Award Winners were announced this week at the FinovateFall Digital event. Its a wonderful recognition of our teams efforts in an extraordinary year, says Ionenko. Our company has innovation baked into its DNA which comes in handy when your core mission is to bring profitable new ideas to the banking space, a sometimes hyper-conservative industry. The Innovator of the Year Award is given to an individual whose innovative ideas and creations have had the greatest impact on the financial technology industry for the year. Weve long been a champion of artificial intelligence in lending, and its all coming together this year, says TurnKey Lender CEO and co-founder Dmitry Voronenko. Were applying it not just to loan origination, where its been used for a while, but to every phase of the loan lifecycle and businesses around the world have responded with genuine interest. In just five years, TurnKey Lender entered over 40 global markets, and provided customization for auto financing, P2P lending, factoring and invoice financing, in-house retail financing, and digital banking. Were determined to continue leading the financial industry as a global leader in Unified Lending Management, says Ionenko. This means serving large financial institutions with sophisticated processes and multiple credit products as well as non-lending organizations that want to sell more of their goods and services by providing buy-now-pay-later purchase options to their customers. TurnKey Lenders Unified Lending Solution is an intelligent unified lending management system that automates loan processing from origination to settlement. The digital platform includes a borrowers portal, instant application processing, risk assessment, decisioning, loan origination, underwriting, servicing, collections, reporting, archiving, and compliance. This allows for better user experiences for lenders and borrowers alike at a time when seamless digital lending processes are vital. For TurnKey Lender, the award of the 2020 Innovator of the Year by Finovate to Ionenko is a sign the company is on the right track in driving the industry forward at a critical time in history.
edtsum195
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: WASHINGTON--(BUSINESS WIRE)--Today, the Council for Citizens Against Government Waste Political Action Committee (CCAGW PAC) announced its endorsement for Reps. Jeff Duncan (R-S.C.), Ralph Norman (R-S.C.), Tom Rice (R-S.C.), and William Timmons (R-S.C.) for re-election to the House of Representatives. CCAGW PAC based its endorsements on the candidates lifetime score in CCAGWs 2019 Congressional Ratings. Rep. Norman has a 99 percent lifetime rating, and earned two Taxpayer Super Hero awards in 2017 and 2019 with a perfect 100 percent rating. Rep. Duncan has a lifetime rating of 96 percent and earned a Taxpayer Super Hero award in 2014 with a perfect 100 percent rating. Rep. Timmons has a lifetime rating of 98 percent based on his first year in Congress, and Rep. Rice has a 93 percent lifetime rating. During their tenures in the House, Reps. Duncan, Norman, Rice, and Timmons have been strong and reliable votes to curb government waste and reform Washington, said CCAGW PAC Chairman Tom Schatz. On top of their impressive voting records, they worked with their colleagues to enact and retain historic tax cuts, support deregulation, and help ignite Americas economic boom. I urge their constituents to re-elect them to the House. CCAGW PAC is affiliated with the Council for Citizens Against Government Waste, a 501(c)(4) organization. CCAGW PACs mission is to support political candidates who will fight to eliminate waste, fraud, and abuse in government and represent the best interests of taxpayers. Paid for by the Council for Citizens Against Government Waste Political Action Committee. Not authorized by any candidate or candidates committee. Answer:
CCAGW PAC Endorses Four South Carolina Representatives for Re-election
WASHINGTON--(BUSINESS WIRE)--Today, the Council for Citizens Against Government Waste Political Action Committee (CCAGW PAC) announced its endorsement for Reps. Jeff Duncan (R-S.C.), Ralph Norman (R-S.C.), Tom Rice (R-S.C.), and William Timmons (R-S.C.) for re-election to the House of Representatives. CCAGW PAC based its endorsements on the candidates lifetime score in CCAGWs 2019 Congressional Ratings. Rep. Norman has a 99 percent lifetime rating, and earned two Taxpayer Super Hero awards in 2017 and 2019 with a perfect 100 percent rating. Rep. Duncan has a lifetime rating of 96 percent and earned a Taxpayer Super Hero award in 2014 with a perfect 100 percent rating. Rep. Timmons has a lifetime rating of 98 percent based on his first year in Congress, and Rep. Rice has a 93 percent lifetime rating. During their tenures in the House, Reps. Duncan, Norman, Rice, and Timmons have been strong and reliable votes to curb government waste and reform Washington, said CCAGW PAC Chairman Tom Schatz. On top of their impressive voting records, they worked with their colleagues to enact and retain historic tax cuts, support deregulation, and help ignite Americas economic boom. I urge their constituents to re-elect them to the House. CCAGW PAC is affiliated with the Council for Citizens Against Government Waste, a 501(c)(4) organization. CCAGW PACs mission is to support political candidates who will fight to eliminate waste, fraud, and abuse in government and represent the best interests of taxpayers. Paid for by the Council for Citizens Against Government Waste Political Action Committee. Not authorized by any candidate or candidates committee.
edtsum196
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: PLANO, Texas, March 22, 2021 /PRNewswire/ --Community Hospital Corporation (CHC) will assist substantially more not-for-profit hospitals with Community Health Needs Assessments (CHNAs) and implementation plans this year. CHC expects a significant increase this year over the previous two years because many CHC client hospitals are due to complete their CHNA in 2022. Another factor driving CHC's CHNA increase is that hospitals are more likely to outsource the work this year because of the pandemic's impact on their operations. A CHNA is a study of a hospital's community that focuses on specific health and social needs that could have a major impact on the community's health. The federal government's Patient Protection and Affordable Care Act requires not-for-profits to submit CHNAs once every three years in order to maintain their tax-exempt status. The deadline to submit a CHNA is the last day of a hospital's taxable year, although industry trade groups have recently requested the government to grant an extension for facilities with difficulty meeting the deadline due to the COVID-19 pandemic. For nearly a year, hospitals have been forced to shift their operational priorities in order to meet the challenges of providing care to patients infected with COVID-19 and other health-related problems. That has resulted in hospitals having less time and fewer internal resources to commit to non-pandemic activities like CHNAs. CHC is fully prepared to offer its assistance to hospitals struggling to complete a CHNA and develop plans to improve healthcare for their communities. CHC has conducted more than 100 compliant CHNAs and implementation plans across many states for community health centers and critical access hospitals to specialty hospitals, regional studies and large multi-hospital systems. CHC Vice President of Planning Lisette Hudson commented: "Hospitals are stretched very thin as their primary focus is providing the best quality care possible to their patients during this unprecedented public health crisis. Many smaller community hospitals may be hard-pressed to complete and submit CHNAs in a timely manner, as their operations are almost entirely directed toward overcoming the challenges of the pandemic. CHC understands their predicament and can relieve them of this complicated and time-consuming task by offering our years of experience and expertise in handling the CHNA process." Mary Poole, director of Public Relations at Baptist Hospitals of Southeast Texas-Beaumont shared: "CHC has been instrumental in creating and implementing our highly effective community needs assessment. Beyond a roadmap, this document helps with our education, grant writing and philanthropic efforts." Need More Information? You can learn more about CHC's Community Health Needs Assessment and Implementation Strategy serviceseven download our CHNA process document or reach out to us. We are here to help. Website service page: https:/https://communityhospitalcorp.com/services/strategic-vision/community-health-needs-assessment-implementation-strategy/. About Community Hospital Corporation-HELP WHERE HOSPITALS NEED IT Community Hospital Corporation owns, manages and consults with hospitals through CHC Hospitals, CHC Consulting and CHC ContinueCARE, with the common purpose to guide, support and enhance the mission of community hospitals and healthcare providers. Based in Plano, Texas, CHC provides the resources and experience community hospitals need to improve quality outcomes, patient satisfaction and financial performance. For more information about CHC, please visit www.communityhospitalcorp.com. Contact: Laura Schieber 2146862618 [emailprotected] SOURCE Community Hospital Corporation Answer:
CHC to Assist More Hospitals With Community Health Needs Assessments COVID-19's Impact Leaves Fewer Resources for Not-for-Profits to Meet Deadline for Completion of CHNAs and Implementation Plans
PLANO, Texas, March 22, 2021 /PRNewswire/ --Community Hospital Corporation (CHC) will assist substantially more not-for-profit hospitals with Community Health Needs Assessments (CHNAs) and implementation plans this year. CHC expects a significant increase this year over the previous two years because many CHC client hospitals are due to complete their CHNA in 2022. Another factor driving CHC's CHNA increase is that hospitals are more likely to outsource the work this year because of the pandemic's impact on their operations. A CHNA is a study of a hospital's community that focuses on specific health and social needs that could have a major impact on the community's health. The federal government's Patient Protection and Affordable Care Act requires not-for-profits to submit CHNAs once every three years in order to maintain their tax-exempt status. The deadline to submit a CHNA is the last day of a hospital's taxable year, although industry trade groups have recently requested the government to grant an extension for facilities with difficulty meeting the deadline due to the COVID-19 pandemic. For nearly a year, hospitals have been forced to shift their operational priorities in order to meet the challenges of providing care to patients infected with COVID-19 and other health-related problems. That has resulted in hospitals having less time and fewer internal resources to commit to non-pandemic activities like CHNAs. CHC is fully prepared to offer its assistance to hospitals struggling to complete a CHNA and develop plans to improve healthcare for their communities. CHC has conducted more than 100 compliant CHNAs and implementation plans across many states for community health centers and critical access hospitals to specialty hospitals, regional studies and large multi-hospital systems. CHC Vice President of Planning Lisette Hudson commented: "Hospitals are stretched very thin as their primary focus is providing the best quality care possible to their patients during this unprecedented public health crisis. Many smaller community hospitals may be hard-pressed to complete and submit CHNAs in a timely manner, as their operations are almost entirely directed toward overcoming the challenges of the pandemic. CHC understands their predicament and can relieve them of this complicated and time-consuming task by offering our years of experience and expertise in handling the CHNA process." Mary Poole, director of Public Relations at Baptist Hospitals of Southeast Texas-Beaumont shared: "CHC has been instrumental in creating and implementing our highly effective community needs assessment. Beyond a roadmap, this document helps with our education, grant writing and philanthropic efforts." Need More Information? You can learn more about CHC's Community Health Needs Assessment and Implementation Strategy serviceseven download our CHNA process document or reach out to us. We are here to help. Website service page: https:/https://communityhospitalcorp.com/services/strategic-vision/community-health-needs-assessment-implementation-strategy/. About Community Hospital Corporation-HELP WHERE HOSPITALS NEED IT Community Hospital Corporation owns, manages and consults with hospitals through CHC Hospitals, CHC Consulting and CHC ContinueCARE, with the common purpose to guide, support and enhance the mission of community hospitals and healthcare providers. Based in Plano, Texas, CHC provides the resources and experience community hospitals need to improve quality outcomes, patient satisfaction and financial performance. For more information about CHC, please visit www.communityhospitalcorp.com. Contact: Laura Schieber 2146862618 [emailprotected] SOURCE Community Hospital Corporation
edtsum197
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: PARIS, April 15, 2020 /PRNewswire/ -- The accreditation body of EQUIS (EFMD) has just voted to reaccredit SKEMA Business School for five years, the maximum duration of the accreditation.SKEMA is among the very few business schools across the world that are "full accredited" under EQUIS. Currently, 15 management schools in France and 119 worldwide hold this distinction. Alice Guilhon SKEMA Business School - Photo by Lora Barra Photography This re-accreditation rewards the overall strategy of the school and recognises the strength of the model and its excellence internationally. The report points out that SKEMA is "a dynamic and forward-looking business school, with a strong culture of collegiality and solid internal and external governance structures." The following points have been particularly highlighted: The overall strategy and the positioning of the school Diversity and a strong international attractiveness regarding the range of programs which prepare future talents in the knowledge economy to meet the challenges of a globalised economy The high quality of the faculty and its ability to be part of educational innovation The commitment and professionalism of teams on all the campuses, the satisfaction of the students and their pride in being "SKEMIENS" (in their own words, SKEMA is "stimulating, diverse, global, memorable, innovative and entrepreneurial.") The strategy developed for executive education, which is set to develop further The territorial footprint; the dynamism and support of partners on different sites (companies, academic partners, incubators, public and private institutions, etc.), the school having found the "right model" for developing links with the practices of different ecosystems where it is part of. Alice Guilhon, dean of SKEMA Business School, comments: "I would like to thank all our stakeholders for the work we have accomplished. I hope that we will progress and continue on our path: in the next five years, we will implement our new SKY25 strategic plan. We will pay particular attention to strengthening "impact research" dedicated to businesses and society, and the achievement of our mission, more than ever at the service of the transformation of societies, for a better and fairer world."SOURCE SKEMA Business School Answer:
SKEMA Business School's EQUIS Accreditation Renewed for Another Five Years English Franais English Brazil - Portugus Deutsch - P
PARIS, April 15, 2020 /PRNewswire/ -- The accreditation body of EQUIS (EFMD) has just voted to reaccredit SKEMA Business School for five years, the maximum duration of the accreditation.SKEMA is among the very few business schools across the world that are "full accredited" under EQUIS. Currently, 15 management schools in France and 119 worldwide hold this distinction. Alice Guilhon SKEMA Business School - Photo by Lora Barra Photography This re-accreditation rewards the overall strategy of the school and recognises the strength of the model and its excellence internationally. The report points out that SKEMA is "a dynamic and forward-looking business school, with a strong culture of collegiality and solid internal and external governance structures." The following points have been particularly highlighted: The overall strategy and the positioning of the school Diversity and a strong international attractiveness regarding the range of programs which prepare future talents in the knowledge economy to meet the challenges of a globalised economy The high quality of the faculty and its ability to be part of educational innovation The commitment and professionalism of teams on all the campuses, the satisfaction of the students and their pride in being "SKEMIENS" (in their own words, SKEMA is "stimulating, diverse, global, memorable, innovative and entrepreneurial.") The strategy developed for executive education, which is set to develop further The territorial footprint; the dynamism and support of partners on different sites (companies, academic partners, incubators, public and private institutions, etc.), the school having found the "right model" for developing links with the practices of different ecosystems where it is part of. Alice Guilhon, dean of SKEMA Business School, comments: "I would like to thank all our stakeholders for the work we have accomplished. I hope that we will progress and continue on our path: in the next five years, we will implement our new SKY25 strategic plan. We will pay particular attention to strengthening "impact research" dedicated to businesses and society, and the achievement of our mission, more than ever at the service of the transformation of societies, for a better and fairer world."SOURCE SKEMA Business School
edtsum198
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: NORTHFIELD, Ill., Oct. 21, 2020 /PRNewswire/ --Stepan Company (NYSE:SCL) today reported: On October 20, 2020, the Board of Directors of Stepan Company approved an increase of $0.03 per share, or 10.9%, on its quarterly cash dividend on its common stock. The dividend of $0.305 per share is payable on December 15, 2020, to common stockholders of record on November 30, 2020. The increase marks the 53rd consecutive year in which the quarterly dividend rate on the Company's common stock has increased. Corporate Profile Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection products and in agricultural and oilfield solutions. The Company is also a leading supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries. Headquartered in Northfield, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia. The Company's common stock is traded on the New York Stock Exchange (NYSE) under the symbol SCL. For more information about Stepan Company please visit the Company online atwww.stepan.com More information about Stepan's sustainability program can be found on the Sustainability page at www.stepan.com Contact: Luis E. Rojo 847-446-7500 Certain information in this news release consists of 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 statements include statements about Stepan Company's plans, objectives, strategies, financial performance and outlook, trends, the amount and timing of future cash distributions, prospects or future events and involve known and unknown risks that are difficult to predict. Asa result, Stepan Company's actual financial results, performance, achievements or prospects may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "guidance," "predict," "potential," "continue," "likely," "will," "would," "should," "illustrative" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by Stepan Company and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. These statements are not guarantees of future performance, and stockholders should not place undue reliance on forward-looking statements. There are a number of risks, uncertainties and other important factors, many of which are beyond Stepan Company's control, that could cause actual results to differ materially from the forward-looking statements contained in this news release. Such risks, uncertainties and other important factors include, among other factors, the risks, uncertainties and factors described in Stepan Company's Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports, and include (but are not limited to) risks and uncertainties related to the impact of the COVID-19 pandemic; accidents, unplanned production shutdowns or disruptions in manufacturing facilities; reduced demand due to customer product reformulations or new technologies; our inability to successfully develop or introduce new products; compliance with laws; our ability to identify suitable acquisition candidates and successfully complete and integrate acquisitions; global competition; volatility of raw material and energy costs and supply; disruptions in transportation or significant changes in transportation costs; downturns in certain industries and general economic downturns; international business risks, including currency exchange rate fluctuations, legal restrictions and taxes; unfavorable resolution of litigation against us; maintaining and protecting intellectual property rights; our ability to access capital markets; global political, military, security or other instability; costs related to expansion or other capital projects; interruption or breaches of information technology systems; our ability to retain executive management and key personnel; and our debt covenants. These forward-looking statements are made only as of the date hereof, and Stepan Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. SOURCE Stepan Company Related Links http://www.stepan.com Answer:
Stepan Increases Quarterly Cash Dividend, Marking the 53rd Consecutive Year of Increases
NORTHFIELD, Ill., Oct. 21, 2020 /PRNewswire/ --Stepan Company (NYSE:SCL) today reported: On October 20, 2020, the Board of Directors of Stepan Company approved an increase of $0.03 per share, or 10.9%, on its quarterly cash dividend on its common stock. The dividend of $0.305 per share is payable on December 15, 2020, to common stockholders of record on November 30, 2020. The increase marks the 53rd consecutive year in which the quarterly dividend rate on the Company's common stock has increased. Corporate Profile Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection products and in agricultural and oilfield solutions. The Company is also a leading supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries. Headquartered in Northfield, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia. The Company's common stock is traded on the New York Stock Exchange (NYSE) under the symbol SCL. For more information about Stepan Company please visit the Company online atwww.stepan.com More information about Stepan's sustainability program can be found on the Sustainability page at www.stepan.com Contact: Luis E. Rojo 847-446-7500 Certain information in this news release consists of 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 statements include statements about Stepan Company's plans, objectives, strategies, financial performance and outlook, trends, the amount and timing of future cash distributions, prospects or future events and involve known and unknown risks that are difficult to predict. Asa result, Stepan Company's actual financial results, performance, achievements or prospects may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "guidance," "predict," "potential," "continue," "likely," "will," "would," "should," "illustrative" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by Stepan Company and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. These statements are not guarantees of future performance, and stockholders should not place undue reliance on forward-looking statements. There are a number of risks, uncertainties and other important factors, many of which are beyond Stepan Company's control, that could cause actual results to differ materially from the forward-looking statements contained in this news release. Such risks, uncertainties and other important factors include, among other factors, the risks, uncertainties and factors described in Stepan Company's Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports, and include (but are not limited to) risks and uncertainties related to the impact of the COVID-19 pandemic; accidents, unplanned production shutdowns or disruptions in manufacturing facilities; reduced demand due to customer product reformulations or new technologies; our inability to successfully develop or introduce new products; compliance with laws; our ability to identify suitable acquisition candidates and successfully complete and integrate acquisitions; global competition; volatility of raw material and energy costs and supply; disruptions in transportation or significant changes in transportation costs; downturns in certain industries and general economic downturns; international business risks, including currency exchange rate fluctuations, legal restrictions and taxes; unfavorable resolution of litigation against us; maintaining and protecting intellectual property rights; our ability to access capital markets; global political, military, security or other instability; costs related to expansion or other capital projects; interruption or breaches of information technology systems; our ability to retain executive management and key personnel; and our debt covenants. These forward-looking statements are made only as of the date hereof, and Stepan Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. SOURCE Stepan Company Related Links http://www.stepan.com
edtsum199
You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text. Text: GUTTENBERG, N.J., April 30, 2020 /PRNewswire/ -- NRIA of Secaucus, NJ announced today that its newest residential complex Green Roof Condominium at 62-68 69th Street in Guttenberg, NJ is nearing a sellout, with 31 of the 39 units under contract even with COVID-19 challenges looming. NRIA has effectively used technology to adhere to government mandates and is conducting virtual tours and closings in place of face-to-face interaction. Bi-level condo at Green Roof in Guttenberg, NJ Green Roof is a six-story newly constructed luxury condo building by the award-winning developer NRIA and the first condo building to be built in Guttenberg in over a decade. The one-bedroom condo residences, some with dens, all have modern open floor plans and glass-railed balconies. Amenities include a dramatic Manhattan-facing rooftop terrace with outdoor grilling kitchen, lounge area, and adjoining indoor club room with TVs, fireplace soft seating, and catering kitchen. There's also a private parking garage with charging stations. Qualified buyers receive lender's assistance in the form of down payment and closing cost grants. That means it's possible to purchase a $400,000 condo at Green Roof with just $2,000 out-of-pocket. Combine these incentives with historically low-interest rates, and it's a rare buying opportunity that will pay dividends for years to come. Most of the Green Roof buyers are first time home buyers and qualify for the buyer's assist program. A few are the first in their families to own a home. All buyers receive a 5-year tax abatement."Many young people I meet are resigned to renting because the money down is daunting, and there are other pressing obligations like student loan payments," said Rich Stabile, a Senior Vice President and Project Manager for NRIA. "When I tell them about our incentives at Green Roof and show them how easy homeownership can be, they can't believe it.""Green Roof is a mega affordable condominium complex right in the heart of Guttenberg," said Ivel Turner, who recently bought there. "It's an easy commute to New York City by ferry or train. I love my condo and the area and highly recommend it to anyone interested in buying."Green Roof's beautifully appointed residences feature both single level and duplex-style living. The spacious floorplans range from 637 square feet to 1,397 square feet and are priced from $334,000 to just over $800,000. Every unit features 9-foot high ceilings, an open floor plan, contemporary hardwood-style flooring, and a European-style kitchen with modern cabinetry, Quartz waterfall edge countertops, and stainless-steel appliances. Units come standard with washer and dryer, quiet remote, multi-zone HVAC, LED lighting, and state-of-the-art retractable 110 volt/USB charging station. Guttenberg, NJ is located just 12.9 miles from Manhattan and is one of the smallest and most densely populated municipality in New Jersey with a charming downtown area, just a block from Green Roof. The location scores a 93 on Walk Score's walkability scale with nearby shuttle service to the Light Rail in Hoboken or the Edgewater Ferry Landing as well as bus service to Manhattan.Green Roof marks NRIA's entrance into Hudson County, with more properties to come in Guttenberg and the surrounding towns. SOURCE NRIA Related Links https://www.nria.net Answer:
Green Roof Condominiums Near Sell-Out
GUTTENBERG, N.J., April 30, 2020 /PRNewswire/ -- NRIA of Secaucus, NJ announced today that its newest residential complex Green Roof Condominium at 62-68 69th Street in Guttenberg, NJ is nearing a sellout, with 31 of the 39 units under contract even with COVID-19 challenges looming. NRIA has effectively used technology to adhere to government mandates and is conducting virtual tours and closings in place of face-to-face interaction. Bi-level condo at Green Roof in Guttenberg, NJ Green Roof is a six-story newly constructed luxury condo building by the award-winning developer NRIA and the first condo building to be built in Guttenberg in over a decade. The one-bedroom condo residences, some with dens, all have modern open floor plans and glass-railed balconies. Amenities include a dramatic Manhattan-facing rooftop terrace with outdoor grilling kitchen, lounge area, and adjoining indoor club room with TVs, fireplace soft seating, and catering kitchen. There's also a private parking garage with charging stations. Qualified buyers receive lender's assistance in the form of down payment and closing cost grants. That means it's possible to purchase a $400,000 condo at Green Roof with just $2,000 out-of-pocket. Combine these incentives with historically low-interest rates, and it's a rare buying opportunity that will pay dividends for years to come. Most of the Green Roof buyers are first time home buyers and qualify for the buyer's assist program. A few are the first in their families to own a home. All buyers receive a 5-year tax abatement."Many young people I meet are resigned to renting because the money down is daunting, and there are other pressing obligations like student loan payments," said Rich Stabile, a Senior Vice President and Project Manager for NRIA. "When I tell them about our incentives at Green Roof and show them how easy homeownership can be, they can't believe it.""Green Roof is a mega affordable condominium complex right in the heart of Guttenberg," said Ivel Turner, who recently bought there. "It's an easy commute to New York City by ferry or train. I love my condo and the area and highly recommend it to anyone interested in buying."Green Roof's beautifully appointed residences feature both single level and duplex-style living. The spacious floorplans range from 637 square feet to 1,397 square feet and are priced from $334,000 to just over $800,000. Every unit features 9-foot high ceilings, an open floor plan, contemporary hardwood-style flooring, and a European-style kitchen with modern cabinetry, Quartz waterfall edge countertops, and stainless-steel appliances. Units come standard with washer and dryer, quiet remote, multi-zone HVAC, LED lighting, and state-of-the-art retractable 110 volt/USB charging station. Guttenberg, NJ is located just 12.9 miles from Manhattan and is one of the smallest and most densely populated municipality in New Jersey with a charming downtown area, just a block from Green Roof. The location scores a 93 on Walk Score's walkability scale with nearby shuttle service to the Light Rail in Hoboken or the Edgewater Ferry Landing as well as bus service to Manhattan.Green Roof marks NRIA's entrance into Hudson County, with more properties to come in Guttenberg and the surrounding towns. SOURCE NRIA Related Links https://www.nria.net