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edtsum7517
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)--Dialpad, Inc., the leading AI-powered cloud communications platform, was presented with a Bronze Stevie Award for Most Valuable Response by a Business Development Team." The honor recognizes the companys StayWell promotion which helped hundreds of new customers transition to remote work in response to the pandemic. In March of 2020, Dialpad offered its AI-powered calling and conferencing platform for free to any new customer transitioning a workforce away from the office. It was important to the Dialpad team to provide the support we were built for, and we believe we have made a difference among customers, communities and businesses worldwide, said Craig Walker, CEO and founder, Dialpad. In all, our team was able to help over 700 new customers maintain business continuity and adjust to this new normal by offering our calling and conferencing platform for free. Built on the cloud for maximum reliability and scale, Dialpad is one of the only companies uniquely situated for the rapid digital transformation brought on by the pandemic. Dialpad offers businesses the opportunity to seamlessly and effectively move their business communications to the cloud so their employees can truly Work From Anywhere. Plus, powerful AI technology is embedded in every interaction, enabling business users to get even more value from their calls and meetings. In the toughest working environment in memory for most organizations, 2021 Stevie Award winners still found ways to innovate, grow sales, please their customers, and secure new business, said Stevie Awards president Maggie Gallagher. The judges have recognized and rewarded this, and we join them in applauding this year's winners for their continued success. Details about the Stevie Awards for Sales & Customer Service and the list of Stevie winners in all categories are available at www.StevieAwards.com/Sales. For more information on how Dialpad enables companies to Work From Anywhere, visit https://www.dialpad.com/work-from-anywhere/. About Dialpad Dialpad is the leading cloud communications platform for AI-powered calling, conferencing and contact centers. Dialpad's proprietary, real-time Artificial Intelligence engine, Voice Intelligence (Vi), helps businesses make smarter decisions by giving real-time insights on every call. Built on the Google Cloud Platform for unmatched security and reliability, Dialpad is easy to deploy, integrate and scale. Today, more than 70,000 of the worlds most innovative businesses use Dialpad and its seamless integrations with Google Workspace, Hubspot, Microsoft Office 365, Salesforce, Zendesk and others to allow every user to be more productive. Customers include Twitter, WeWork, Uber, Stripe, Netflix, Motorola Solutions, Splunk and Domo. Dialpad is backed by the worlds leading investors including Amasia, Andreessen Horowitz, Felicis Ventures, GV, ICONIQ Capital, OMERS Growth Equity, Salesforce Ventures, Scale Ventures, Section 32, SoftBank Corp. and Work-Bench. Visit www.dialpad.com for more information and to request a demo. About The Stevie Awards Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com. Answer:
Dialpad Wins Bronze in 2021 Stevie Awards for Sales & Customer Service Company honored its COVID-19 response and helping customers transition to Work from Anywhere
SAN FRANCISCO--(BUSINESS WIRE)--Dialpad, Inc., the leading AI-powered cloud communications platform, was presented with a Bronze Stevie Award for Most Valuable Response by a Business Development Team." The honor recognizes the companys StayWell promotion which helped hundreds of new customers transition to remote work in response to the pandemic. In March of 2020, Dialpad offered its AI-powered calling and conferencing platform for free to any new customer transitioning a workforce away from the office. It was important to the Dialpad team to provide the support we were built for, and we believe we have made a difference among customers, communities and businesses worldwide, said Craig Walker, CEO and founder, Dialpad. In all, our team was able to help over 700 new customers maintain business continuity and adjust to this new normal by offering our calling and conferencing platform for free. Built on the cloud for maximum reliability and scale, Dialpad is one of the only companies uniquely situated for the rapid digital transformation brought on by the pandemic. Dialpad offers businesses the opportunity to seamlessly and effectively move their business communications to the cloud so their employees can truly Work From Anywhere. Plus, powerful AI technology is embedded in every interaction, enabling business users to get even more value from their calls and meetings. In the toughest working environment in memory for most organizations, 2021 Stevie Award winners still found ways to innovate, grow sales, please their customers, and secure new business, said Stevie Awards president Maggie Gallagher. The judges have recognized and rewarded this, and we join them in applauding this year's winners for their continued success. Details about the Stevie Awards for Sales & Customer Service and the list of Stevie winners in all categories are available at www.StevieAwards.com/Sales. For more information on how Dialpad enables companies to Work From Anywhere, visit https://www.dialpad.com/work-from-anywhere/. About Dialpad Dialpad is the leading cloud communications platform for AI-powered calling, conferencing and contact centers. Dialpad's proprietary, real-time Artificial Intelligence engine, Voice Intelligence (Vi), helps businesses make smarter decisions by giving real-time insights on every call. Built on the Google Cloud Platform for unmatched security and reliability, Dialpad is easy to deploy, integrate and scale. Today, more than 70,000 of the worlds most innovative businesses use Dialpad and its seamless integrations with Google Workspace, Hubspot, Microsoft Office 365, Salesforce, Zendesk and others to allow every user to be more productive. Customers include Twitter, WeWork, Uber, Stripe, Netflix, Motorola Solutions, Splunk and Domo. Dialpad is backed by the worlds leading investors including Amasia, Andreessen Horowitz, Felicis Ventures, GV, ICONIQ Capital, OMERS Growth Equity, Salesforce Ventures, Scale Ventures, Section 32, SoftBank Corp. and Work-Bench. Visit www.dialpad.com for more information and to request a demo. About The Stevie Awards Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
edtsum7518
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, Feb. 23, 2021 /PRNewswire/ --Topia, the leader in Global Talent Mobility, today released the results of its annual "Adapt" survey, which finds that remote work has created massive tax compliance risksand strategic opportunitiesfor enterprises. The 2021 survey finds that since the COVID-19 pandemic began, 28% of employees have worked outside their home state or country, but only one-third reported all those days to HR. Consequently, their employers may have failed to withhold payroll taxes appropriately but didn't realize it. Unless HR monitors where employees worksomething 94% of employees are open toenterprises risk hefty penalties in the event of an audit. Topia's annual Adapt survey polls employees and HR practitioners about employee experience and talent trends and how organizations are responding to them. This year focused on the dynamics of COVID-19 and remote work in the enterprise. "HR leaders recognize that remote and distributed work offers a competitive edge for attracting and retaining talent and for building diverse, highly-skilled teams," said Shawn Farshchi, CEO of Topia. "As flexible work becomes a mainstay of business culture and talent strategy, HR and finance leaders must collaborate to make it work from a compliance perspective. The potential advantages are too important to ignore." High Enthusiasm for Remote Work Employees said the flexibility to work remotely is now the second most important attribute in an employerbehind high pay and ahead of both professional development and culture. 91% of employees agree that they should be able to work from wherever they want as long as they get their work done. 82% of employees now agree that "Teams should be built based on experience and skill sets needed, not location." 90% of HR pros concur. 94% of HR pros believe that increased remote work will enable them to build more diverse teams. Tax Compliance is a Blindspot Despite this enthusiasm for remote work, enterprises are unprepared from a compliance standpoint. Some employees forget to report days worked outside their home state or country. Others appear to hide their location to avoid cost-of-living adjustments to their salaries. The risks are hard to overstate: 93% of HR professionals are confident they know where the majority of their employees are working, and 78% are confident their employees self-report when working in another state or country. However, in reality, only 33% of employees report all those days, and 24% reported none at all, even though 61% are aware of the tax compliance implications. HR professionals were more likely to have worked in a different state or country (42%) but still struggled to report these work days, suggesting that self-reporting is a challenge, even for those that know the rules. Location Tracking is Welcome Although the compliance situation is dire, there is a potential solution: technologies that log employee work locations while respecting their privacy. With better location data, finance departments could, for instance, comply with payroll withholdings for employees, and HR teams could manage immigration risk, no matter where employees choose to work. 94% of employees are comfortable with an employer tracking their location at the country, state, and city level. 81% would even be comfortable with location tracking down to the street level. UK HR Pros More Confident Than US Peers UK employees were slightly more likely than their US counterparts to report all days worked outside their state or country. That doesn't mean UK enterprises are at less risk. In fact, overconfidence among UK HR pros may place their organizations at even higher risk. 46% of UK employees were unaware of the tax implications of working outside their home state or country compared to 32% of US employees. 70% of UK HR pros were "very confident" they knew where employees were working compared to only 50% of their US counterparts. They were also far more confident that their employees reported days worked outside their home state or country (46% v. 24%). 36% of UK employees reported all remote workdays outside their state or country v. 31% of US employees. That does not justify the 20-point confidence gap between UK and US HR. "The mobility landscape has shifted dramatically in the past 12 months. Now, every remote employee is a mobile employee," said Richard Tonge, Global Mobility Services leader at professional-services firm Grant Thornton LLP. "Most critical for employers is the need to manage remote work policies once they've been implemented. To do that most effectively, Leveraging Topia's technology is a highly effective way to automate location monitoring and tax compliance for employees." The 2021 "Adapt or Lose the War for Talent" survey, conducted by CITE Research on behalf of Topia, took place between December 11, 2020 and January 12, 2021 and included 1,250 employees. Half were located in the US, half in the UK, and all worked for international companies with at least 2,500 employees. 250 of the participants were HR professionals. Additional Resources: View the complete "Adapt" report at https://www.topia.com/adapt-survey-report-2021/ Learn more about automated location monitoring and tax compliance with Topia Compass at: https://www.topia.com/products/compass/ About Topia Topia is the leader in Global Talent Mobility. We empower companies to deploy, manage and engage employees anywhere in the world. The Topia platform enables organizations to deliver mobility as part of a broader talent strategy encompassing all types of employee movement remote and distributed workforces, business travel, and more traditional relocations and assignments. This drives enhanced employee experiences and competitive advantage by ensuring the right people are in the right place at the right time, while staying compliant no matter where they are. The Topia platform automates the entire global talent mobility process, including scenario-based planning, expat payroll, tax and immigration compliance, reporting and more. Topia powers global talent mobility programs for world-renowned brands such as Schneider Electric, Dell, Veolia, Equinor and AXA. Topia has raised over $100M from NewView Capital (formerly New Enterprise Associates), Notion Capital and others, and is a global company with offices throughout the Americas and EMEA. ContactKasey Thomas[emailprotected] SOURCE Topia Answer:
Topia Survey: 28% of Employees Worked Outside Their Home State or Country During the Pandemic, But Only 1/3 Reported It to HR Overwhelming majority of employees are ready to work from anywhere--and let employers track their location for tax compliance purposes
SAN FRANCISCO, Feb. 23, 2021 /PRNewswire/ --Topia, the leader in Global Talent Mobility, today released the results of its annual "Adapt" survey, which finds that remote work has created massive tax compliance risksand strategic opportunitiesfor enterprises. The 2021 survey finds that since the COVID-19 pandemic began, 28% of employees have worked outside their home state or country, but only one-third reported all those days to HR. Consequently, their employers may have failed to withhold payroll taxes appropriately but didn't realize it. Unless HR monitors where employees worksomething 94% of employees are open toenterprises risk hefty penalties in the event of an audit. Topia's annual Adapt survey polls employees and HR practitioners about employee experience and talent trends and how organizations are responding to them. This year focused on the dynamics of COVID-19 and remote work in the enterprise. "HR leaders recognize that remote and distributed work offers a competitive edge for attracting and retaining talent and for building diverse, highly-skilled teams," said Shawn Farshchi, CEO of Topia. "As flexible work becomes a mainstay of business culture and talent strategy, HR and finance leaders must collaborate to make it work from a compliance perspective. The potential advantages are too important to ignore." High Enthusiasm for Remote Work Employees said the flexibility to work remotely is now the second most important attribute in an employerbehind high pay and ahead of both professional development and culture. 91% of employees agree that they should be able to work from wherever they want as long as they get their work done. 82% of employees now agree that "Teams should be built based on experience and skill sets needed, not location." 90% of HR pros concur. 94% of HR pros believe that increased remote work will enable them to build more diverse teams. Tax Compliance is a Blindspot Despite this enthusiasm for remote work, enterprises are unprepared from a compliance standpoint. Some employees forget to report days worked outside their home state or country. Others appear to hide their location to avoid cost-of-living adjustments to their salaries. The risks are hard to overstate: 93% of HR professionals are confident they know where the majority of their employees are working, and 78% are confident their employees self-report when working in another state or country. However, in reality, only 33% of employees report all those days, and 24% reported none at all, even though 61% are aware of the tax compliance implications. HR professionals were more likely to have worked in a different state or country (42%) but still struggled to report these work days, suggesting that self-reporting is a challenge, even for those that know the rules. Location Tracking is Welcome Although the compliance situation is dire, there is a potential solution: technologies that log employee work locations while respecting their privacy. With better location data, finance departments could, for instance, comply with payroll withholdings for employees, and HR teams could manage immigration risk, no matter where employees choose to work. 94% of employees are comfortable with an employer tracking their location at the country, state, and city level. 81% would even be comfortable with location tracking down to the street level. UK HR Pros More Confident Than US Peers UK employees were slightly more likely than their US counterparts to report all days worked outside their state or country. That doesn't mean UK enterprises are at less risk. In fact, overconfidence among UK HR pros may place their organizations at even higher risk. 46% of UK employees were unaware of the tax implications of working outside their home state or country compared to 32% of US employees. 70% of UK HR pros were "very confident" they knew where employees were working compared to only 50% of their US counterparts. They were also far more confident that their employees reported days worked outside their home state or country (46% v. 24%). 36% of UK employees reported all remote workdays outside their state or country v. 31% of US employees. That does not justify the 20-point confidence gap between UK and US HR. "The mobility landscape has shifted dramatically in the past 12 months. Now, every remote employee is a mobile employee," said Richard Tonge, Global Mobility Services leader at professional-services firm Grant Thornton LLP. "Most critical for employers is the need to manage remote work policies once they've been implemented. To do that most effectively, Leveraging Topia's technology is a highly effective way to automate location monitoring and tax compliance for employees." The 2021 "Adapt or Lose the War for Talent" survey, conducted by CITE Research on behalf of Topia, took place between December 11, 2020 and January 12, 2021 and included 1,250 employees. Half were located in the US, half in the UK, and all worked for international companies with at least 2,500 employees. 250 of the participants were HR professionals. Additional Resources: View the complete "Adapt" report at https://www.topia.com/adapt-survey-report-2021/ Learn more about automated location monitoring and tax compliance with Topia Compass at: https://www.topia.com/products/compass/ About Topia Topia is the leader in Global Talent Mobility. We empower companies to deploy, manage and engage employees anywhere in the world. The Topia platform enables organizations to deliver mobility as part of a broader talent strategy encompassing all types of employee movement remote and distributed workforces, business travel, and more traditional relocations and assignments. This drives enhanced employee experiences and competitive advantage by ensuring the right people are in the right place at the right time, while staying compliant no matter where they are. The Topia platform automates the entire global talent mobility process, including scenario-based planning, expat payroll, tax and immigration compliance, reporting and more. Topia powers global talent mobility programs for world-renowned brands such as Schneider Electric, Dell, Veolia, Equinor and AXA. Topia has raised over $100M from NewView Capital (formerly New Enterprise Associates), Notion Capital and others, and is a global company with offices throughout the Americas and EMEA. ContactKasey Thomas[emailprotected] SOURCE Topia
edtsum7519
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: "Unpacking 2021 for Fleet Telematics in North America, Europe, and Australia" provides data-driven insights into the commercial vehicle industry, detailing trends gathered directly from stakeholders within the industry's ecosystem. TORONTO, Feb. 3, 2021 /PRNewswire/ - Fleet Complete, a global provider of connected mobility solutions for business fleets, assets, and mobile workers, has released its annual report "Unpacking 2021 for Fleet Telematics in North America, Europe, and Australia", focusing on commercial vehicle industry trends and insights. Continue Reading Unpacking 2021 for Fleet Telematics in North America, Europe, and Australia. (CNW Group/Fleet Complete) Between October and December of 2020, Fleet Complete conducted a Voice of Customer (VoC) research study, focused on its fleet clients. With survey data captured from fleets of all sizes, the report reveals findings on both the supply and demand sides of fleet telematics industry, identifying key trends and changes in the market today. "Last year was all about adapting to the 'new normal' during the pandemic, placing a spotlight on fleets as essential services. This year, we continue to see growth leading to record market penetration, with customers demanding more of their telematics solutions," explains Sandeep Kar, Chief Strategy Officer at Fleet Complete. The analysis in key markets indicates that fleets in North America, Europe, and Australia will add 3.2 to 3.9 million new subscriptions in 2021, representing 16% year-on-year growth. The top three factors for investing in fleet telematics solutions in 2021, according to the study, are: Real-time tracking of vehicles and assets; Compliance and regulation; and Enhancing fleet safety through driver coaching. Among newly added subscriptions in 2021, the industry will see a significant increase in, and customer appetite for, OEM connectivity (factory-fitted telematics hardware). The VoC also noted increased demand for video telematics, particularly from heavy-duty fleets: 73% of surveyed light-duty fleets and 68% of heavy-duty fleets showed interest in either choosing only factory-fitted telematics or a combination of factory-fitted telematics hardware for some vehicles and aftermarket hardware for others; and 63% of light-duty fleet customers and 81% of heavy-duty fleet customers will evaluate video telematics or are already using a video telematics solution. Other notable shifts in customer views include the following: Fleet vehicles are regarded more as a service than a product; Telematics insights are becoming more predictive than descriptive; and Performance success revolves around owning vehicle data transactions rather than just owning vehicles. These shifts will affect how solutions and services are engineered, and will dictate the importance of partnerships in the future, thus consolidating the industry ecosystem.The report includes a number of recommendations for various stakeholding groups within the ecosystem fleet-owners, vehicle manufacturers, wireless telecom providers, the financial services industry, and telematics solution providers. These recommendations provide a data-driven approach to success for organizations within the commercial vehicle industry in 2021. To read the full report, please visit https://www.fleetcomplete.com/whitepaper/unpacking-2021-for-fleet-telematics/About Fleet CompleteFleet Complete is a leading global provider of connected vehicle technology, delivering mission-critical fleet, asset and mobile workforce management solutions. The company is servicing approximately 600,000 subscribers and over 40,000 businesses and government organizations in Canada, the U.S., Mexico, Australia, and across Europe. It maintains key distribution partnerships with AT&T in the U.S. and Mexico, TELUS and Rogers in Canada, Telstra in Australia, Telia in Denmark, Cosmote in Greece, and Deutsche Telekom (T-Mobile) in multiple European countries. Fleet Complete cultivates strong OEM partnerships with global market leaders, such as Cummins, Ford, General Motors, Mitsubishi Australia, and Toyota, among others. It remains one of the fastest-growing companies globally, having won numerous awards for innovation and growth. For more information, please visit www.fleetcomplete.comSocial MediaTwitter: @FleetCompleteLinkedIn: Fleet CompleteFacebook: Fleet Complete SOURCE Fleet Complete Answer:
Fleet Complete's 2021 Outlook Report Reveals Key Insights Into Shifting Telematics Industry USA - English Espaa - espaol France - Franais Deutschland - Deutsch Latin America - espaol
"Unpacking 2021 for Fleet Telematics in North America, Europe, and Australia" provides data-driven insights into the commercial vehicle industry, detailing trends gathered directly from stakeholders within the industry's ecosystem. TORONTO, Feb. 3, 2021 /PRNewswire/ - Fleet Complete, a global provider of connected mobility solutions for business fleets, assets, and mobile workers, has released its annual report "Unpacking 2021 for Fleet Telematics in North America, Europe, and Australia", focusing on commercial vehicle industry trends and insights. Continue Reading Unpacking 2021 for Fleet Telematics in North America, Europe, and Australia. (CNW Group/Fleet Complete) Between October and December of 2020, Fleet Complete conducted a Voice of Customer (VoC) research study, focused on its fleet clients. With survey data captured from fleets of all sizes, the report reveals findings on both the supply and demand sides of fleet telematics industry, identifying key trends and changes in the market today. "Last year was all about adapting to the 'new normal' during the pandemic, placing a spotlight on fleets as essential services. This year, we continue to see growth leading to record market penetration, with customers demanding more of their telematics solutions," explains Sandeep Kar, Chief Strategy Officer at Fleet Complete. The analysis in key markets indicates that fleets in North America, Europe, and Australia will add 3.2 to 3.9 million new subscriptions in 2021, representing 16% year-on-year growth. The top three factors for investing in fleet telematics solutions in 2021, according to the study, are: Real-time tracking of vehicles and assets; Compliance and regulation; and Enhancing fleet safety through driver coaching. Among newly added subscriptions in 2021, the industry will see a significant increase in, and customer appetite for, OEM connectivity (factory-fitted telematics hardware). The VoC also noted increased demand for video telematics, particularly from heavy-duty fleets: 73% of surveyed light-duty fleets and 68% of heavy-duty fleets showed interest in either choosing only factory-fitted telematics or a combination of factory-fitted telematics hardware for some vehicles and aftermarket hardware for others; and 63% of light-duty fleet customers and 81% of heavy-duty fleet customers will evaluate video telematics or are already using a video telematics solution. Other notable shifts in customer views include the following: Fleet vehicles are regarded more as a service than a product; Telematics insights are becoming more predictive than descriptive; and Performance success revolves around owning vehicle data transactions rather than just owning vehicles. These shifts will affect how solutions and services are engineered, and will dictate the importance of partnerships in the future, thus consolidating the industry ecosystem.The report includes a number of recommendations for various stakeholding groups within the ecosystem fleet-owners, vehicle manufacturers, wireless telecom providers, the financial services industry, and telematics solution providers. These recommendations provide a data-driven approach to success for organizations within the commercial vehicle industry in 2021. To read the full report, please visit https://www.fleetcomplete.com/whitepaper/unpacking-2021-for-fleet-telematics/About Fleet CompleteFleet Complete is a leading global provider of connected vehicle technology, delivering mission-critical fleet, asset and mobile workforce management solutions. The company is servicing approximately 600,000 subscribers and over 40,000 businesses and government organizations in Canada, the U.S., Mexico, Australia, and across Europe. It maintains key distribution partnerships with AT&T in the U.S. and Mexico, TELUS and Rogers in Canada, Telstra in Australia, Telia in Denmark, Cosmote in Greece, and Deutsche Telekom (T-Mobile) in multiple European countries. Fleet Complete cultivates strong OEM partnerships with global market leaders, such as Cummins, Ford, General Motors, Mitsubishi Australia, and Toyota, among others. It remains one of the fastest-growing companies globally, having won numerous awards for innovation and growth. For more information, please visit www.fleetcomplete.comSocial MediaTwitter: @FleetCompleteLinkedIn: Fleet CompleteFacebook: Fleet Complete SOURCE Fleet Complete
edtsum7520
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: BETHLEHEM, Pa., May 27, 2020 /PRNewswire/ --IPVM is holding a unique event to help educate on what really works and does not. Amid growing scrutiny of thermal imaging systems, colloquially known as "fever cameras", IPVM researchers have conducted world-leading tests. While sellers are marketing this as a response to COVID-19, IPVM research shows that these systems fail to detect elevated temperatures frequently. IPVM is excited to announce the world's first "Fever Cameras" show, to be held this June 2nd and 3rd from 11am to 3pm EDT, giving you a unique opportunity to ask questions and see these systems work (and fail) from the safety of your home. With recent FDA guidance causing confusion, IPVM will provide the public an opportunity to review these systems live, ask questions to experts, and understand the limitations of thermal imaging. During the event, IPVM will cover the following: Live testing of systems from: Dahua, FLIR, Hikvision, Sunell, Seek, and ZKTeco. Where systems commonly fail at detection The FDA's role in regulating "fever cameras" Analysis of the latest FDA guidance Review of the International Electrotechnical Commission (IEC) standards for thermal image screening Risks for manufacturers selling and marketing these devices John Honovich, President, IPVM: "While the fever camera market is booming now, IPVM testing shows significant problems with these systems. Businesses and the public should not let the panic of the pandemic and opportunistic salespeople obscure the problems with this technology. Our 'fever cameras' show, testing, and reporting is the world's only resource showing what really does and does not work."Event DetailsJune 2nd-3rd, 11am-3pm EST. This event is included in IPVM membership for more than 10,000 members. To register, visit:https://ipvm.com/reports/fever-camera-showFor members of the media and government officials, email[emailprotected]for a complimentary pass.About IPVMIPVM is the world's leading authority on video surveillance. Since 2008, IPVM has conducted over 800 tests and released over 6,000 reports to analyze the accuracy of manufacturers' claims and to provide its members up to date research and information.To learn more about IPVM and read its latest reporting, visitwww.IPVM.comor follow IPVM on Twitter @ipvideo.Contact: Donald Maye [emailprotected]SOURCE IPVM Related Links http://www.IPVM.com Answer:
"Fever Cameras" Show - IPVM To Hold Live Testing Of Systems Being Deployed As A COVID-19 Response A world-first event, June 2nd-3rd, dedicated to exposing the true operation and flaws of these systems.
BETHLEHEM, Pa., May 27, 2020 /PRNewswire/ --IPVM is holding a unique event to help educate on what really works and does not. Amid growing scrutiny of thermal imaging systems, colloquially known as "fever cameras", IPVM researchers have conducted world-leading tests. While sellers are marketing this as a response to COVID-19, IPVM research shows that these systems fail to detect elevated temperatures frequently. IPVM is excited to announce the world's first "Fever Cameras" show, to be held this June 2nd and 3rd from 11am to 3pm EDT, giving you a unique opportunity to ask questions and see these systems work (and fail) from the safety of your home. With recent FDA guidance causing confusion, IPVM will provide the public an opportunity to review these systems live, ask questions to experts, and understand the limitations of thermal imaging. During the event, IPVM will cover the following: Live testing of systems from: Dahua, FLIR, Hikvision, Sunell, Seek, and ZKTeco. Where systems commonly fail at detection The FDA's role in regulating "fever cameras" Analysis of the latest FDA guidance Review of the International Electrotechnical Commission (IEC) standards for thermal image screening Risks for manufacturers selling and marketing these devices John Honovich, President, IPVM: "While the fever camera market is booming now, IPVM testing shows significant problems with these systems. Businesses and the public should not let the panic of the pandemic and opportunistic salespeople obscure the problems with this technology. Our 'fever cameras' show, testing, and reporting is the world's only resource showing what really does and does not work."Event DetailsJune 2nd-3rd, 11am-3pm EST. This event is included in IPVM membership for more than 10,000 members. To register, visit:https://ipvm.com/reports/fever-camera-showFor members of the media and government officials, email[emailprotected]for a complimentary pass.About IPVMIPVM is the world's leading authority on video surveillance. Since 2008, IPVM has conducted over 800 tests and released over 6,000 reports to analyze the accuracy of manufacturers' claims and to provide its members up to date research and information.To learn more about IPVM and read its latest reporting, visitwww.IPVM.comor follow IPVM on Twitter @ipvideo.Contact: Donald Maye [emailprotected]SOURCE IPVM Related Links http://www.IPVM.com
edtsum7526
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: CORAL SPRINGS, Fla., March 24, 2021 /PRNewswire/ --AmBase Corporation (OTC: ABCP) ("AmBase" or the "Company") announced today a net loss of $5,604,000 or $0.14 per share for the twelve months ended December 31, 2020. For the twelve months ended December 31, 2019, the Company recorded a net loss of $4,926,0000 or $0.12 per share. Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted or quantified. Forward-looking statements can be identified by such words as "estimates," "expects," "anticipates," "believes," "plans," "intends" and variations of such words and similar expressions. The Company cautions readers that a variety of factors could cause the Company's actual results to differ materially from the anticipated results or other expectations expressed in the Company's forward-looking statements. These risks and uncertainties, many of which are beyond the Company's control, include, but are not limited to those set forth under the heading "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q, which are incorporated herein by reference. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. The Company also announced that it has fixed the close of business on Wednesday, April 14, 2021, as the record date for the upcoming 2021 Annual Meeting of Stockholders of AmBase Corporation, which will be held at 9:00 AM Eastern Time on Thursday, June 3, 2021 at the Hyatt Regency Hotel, 1800 East Putnam Avenue, Greenwich, Connecticut. The information in this press release should be read in conjunction with the AmBase Corporation's Annual Report on Form 10-K for the year-to-date period ended December 31, 2020, filed with the Securities and Exchange Commission. A more complete discussion of the Company's annual results and the Company's affairs is included in AmBase Corporation's Annual Report on 10-K for the annual period December 31, 2020, filed with the Securities and Exchange Commission. AmBase Corporation Summary Results (in thousands, except per share data) Twelve Months 2020 2019 Operating expenses $ 5,640 $ 4,991 Operating loss (5,640) (4,991) Interest income 8 36 Income (loss) before income taxes (5,632) (4,955) Income tax expense (benefit) (28) (29) Net income (loss) $ (5,604) $ (4,926) Net income (loss) per common share - basic $ (0.14) $ (0.12) Weighted average common shares outstanding - basic 40,738 40,738 SOURCE AmBase Corporation Related Links http://www.ambasecorp.com Answer:
AmBase Reports Results For The Twelve Months Ended December 31, 2020
CORAL SPRINGS, Fla., March 24, 2021 /PRNewswire/ --AmBase Corporation (OTC: ABCP) ("AmBase" or the "Company") announced today a net loss of $5,604,000 or $0.14 per share for the twelve months ended December 31, 2020. For the twelve months ended December 31, 2019, the Company recorded a net loss of $4,926,0000 or $0.12 per share. Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted or quantified. Forward-looking statements can be identified by such words as "estimates," "expects," "anticipates," "believes," "plans," "intends" and variations of such words and similar expressions. The Company cautions readers that a variety of factors could cause the Company's actual results to differ materially from the anticipated results or other expectations expressed in the Company's forward-looking statements. These risks and uncertainties, many of which are beyond the Company's control, include, but are not limited to those set forth under the heading "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q, which are incorporated herein by reference. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. The Company also announced that it has fixed the close of business on Wednesday, April 14, 2021, as the record date for the upcoming 2021 Annual Meeting of Stockholders of AmBase Corporation, which will be held at 9:00 AM Eastern Time on Thursday, June 3, 2021 at the Hyatt Regency Hotel, 1800 East Putnam Avenue, Greenwich, Connecticut. The information in this press release should be read in conjunction with the AmBase Corporation's Annual Report on Form 10-K for the year-to-date period ended December 31, 2020, filed with the Securities and Exchange Commission. A more complete discussion of the Company's annual results and the Company's affairs is included in AmBase Corporation's Annual Report on 10-K for the annual period December 31, 2020, filed with the Securities and Exchange Commission. AmBase Corporation Summary Results (in thousands, except per share data) Twelve Months 2020 2019 Operating expenses $ 5,640 $ 4,991 Operating loss (5,640) (4,991) Interest income 8 36 Income (loss) before income taxes (5,632) (4,955) Income tax expense (benefit) (28) (29) Net income (loss) $ (5,604) $ (4,926) Net income (loss) per common share - basic $ (0.14) $ (0.12) Weighted average common shares outstanding - basic 40,738 40,738 SOURCE AmBase Corporation Related Links http://www.ambasecorp.com
edtsum7530
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., Feb. 25, 2021 /PRNewswire/ --Reston-based consulting firm Counter Threat Solutions(CTS) has promoted Carol Giddens to the role of Program Manager. In this capacity, Giddens will provide day-to-day oversight and growth of several of the firm's contracts, as well as five teams of CTS employees. Giddens joined CTS in 2016 as an analyst, serving in a demanding, metrics-driven role where she excelled and assumed increasing levels of responsibility on client site, including training and developing colleagues. When the novel coronavirus presented itself last March, Giddens quickly stepped up to lead on one of the company's internal working groups, managing operational assignments, personnel, and deliverables. "Carol has proven to be a rock-solid performer, a patient mentor, and a natural leader. She has earned numerous awards and recognition for her work with our U.S. government client and has shown an aptitude for understanding and exceeding our clients' needs," shared Theresa Keith, CEO of Counter Threat Solutions. "Her attention to detail and ability to motive others to be their best will serve our teammates and our company well." A Northern Virginia resident, Giddens attended the University of Maryland and has a number of leadership coaching and program management course work to her credit, as well as a history of managing teams in service-based commercial industries. About Counter Threat SolutionsCounter Threat Solutions LLC (CTS) is a Woman-Owned Service-Disabled Veteran-Owned Small Business (SDVOSB) consulting company named a Best Place to Work by the Washington Business Journal and cites as one of the nation's 5,000 fastest growing private companies by INC magazine. CTS provides mission-savvy subject matter experts skilled in analysis, finance, multimedia, administrative support, program management, and IT solutions to the U.S. government's intelligence and defense communities as well as civilian commercial clientele. Learn more about CTS at ctstruenorth.comor LinkedIn. CONTACTValerie Passwaiter(703) 987-1584[emailprotected] ctstruenorth.com SOURCE Counter Threat Solutions Answer:
Carol Giddens Promoted to Manager Role at Counter Threat Solutions
RESTON, Va., Feb. 25, 2021 /PRNewswire/ --Reston-based consulting firm Counter Threat Solutions(CTS) has promoted Carol Giddens to the role of Program Manager. In this capacity, Giddens will provide day-to-day oversight and growth of several of the firm's contracts, as well as five teams of CTS employees. Giddens joined CTS in 2016 as an analyst, serving in a demanding, metrics-driven role where she excelled and assumed increasing levels of responsibility on client site, including training and developing colleagues. When the novel coronavirus presented itself last March, Giddens quickly stepped up to lead on one of the company's internal working groups, managing operational assignments, personnel, and deliverables. "Carol has proven to be a rock-solid performer, a patient mentor, and a natural leader. She has earned numerous awards and recognition for her work with our U.S. government client and has shown an aptitude for understanding and exceeding our clients' needs," shared Theresa Keith, CEO of Counter Threat Solutions. "Her attention to detail and ability to motive others to be their best will serve our teammates and our company well." A Northern Virginia resident, Giddens attended the University of Maryland and has a number of leadership coaching and program management course work to her credit, as well as a history of managing teams in service-based commercial industries. About Counter Threat SolutionsCounter Threat Solutions LLC (CTS) is a Woman-Owned Service-Disabled Veteran-Owned Small Business (SDVOSB) consulting company named a Best Place to Work by the Washington Business Journal and cites as one of the nation's 5,000 fastest growing private companies by INC magazine. CTS provides mission-savvy subject matter experts skilled in analysis, finance, multimedia, administrative support, program management, and IT solutions to the U.S. government's intelligence and defense communities as well as civilian commercial clientele. Learn more about CTS at ctstruenorth.comor LinkedIn. CONTACTValerie Passwaiter(703) 987-1584[emailprotected] ctstruenorth.com SOURCE Counter Threat Solutions
edtsum7542
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: OVERLAND PARK, Kan.--(BUSINESS WIRE)--Today, Netsmart announced the acquisition of GPM, a North Carolina-based Software-as-a-Service technology and services company, dedicated to supporting Long-term/Post-acute care (LTPAC) medical practices that provide medical care to geriatric patients many of whom reside in skilled nursing facilities. This acquisition extends the Netsmart CareFabric platform to deliver interoperable data sharing between long-term care facilities and the providers that treat and coordinate care for their residents. GPM is a great addition to the Netsmart family, said Netsmart CEO Mike Valentine. The company was founded by geriatricians, which is evident in their collaborative approach to solving everyday efficiency challenges faced by mobile practitioners. This philosophy is a perfect cultural fit with Netsmart as we believe client partnerships lead to the best innovation and ultimately improve patient care. GPM was founded in 2012 and has partnered with physicians and long-term care specialists to develop solutions that address the unique workflows of providers serving the LTPAC market. GPM will bring GEHRIMED, a community-based LTPAC mobile electronic health record (EHR) platform, and CareTeam, a care coordination and messaging platform whose capabilities will be enhanced by its integration into the CareFabric platform with digitized, real-time progress note delivery. Integrating the CareTeam solution into the CareFabric platform will bridge the gaps in communication for on-site and off-site practitioners, creating a seamless workflow for providers and on-site teams. This integration will enable better patient outcomes and population health insights through clinical record sharing, enhanced analytics and reporting. We value the expertise and knowledge their team brings to Netsmart, said Valentine. We believe the mobile practitioner is central to providing quality care for patients regardless of care setting in the community the pandemic has only accelerated this evolution. In the not so distant future, we see integrated care models involving physicians and other care givers in the home, community and residential settings becoming the new norm and this addition will accelerate our strategy to support our clients as they embrace this evolution. The addition of GPM capabilities into the already robust CareFabric platform enhances providers abilities to digitize their workflows that optimize their increasingly mobile service delivery models. We are thrilled to join the Netsmart team and work together to develop advanced technology that will better serve our providers and their patients, said GPM General Manager Beth Reece. This is a force multiplier for both new and existing clients as we will now have the ability to improve care delivery through additional value-added offerings such as telehealth, billing, interoperability and analytics tools. Stephens Inc. acted as the exclusive strategic and financial advisor to GPM for this transaction. About GPM GPM is a Software-as-a-Service technology and services company devoted to the support of the long-term/post-acute care (LTPAC) community. A focus on solving LTPACs unique problems has made GPM the markets leading provider of medical EHR solutions, with the GEHRIMED EHR as the flagship product. GPM believes in the potential of powerful, intuitive technological solutions to make LTPAC professionals jobs easier, more profitable, and more effective. To learn more visit, www.gpm.md, www.gehrimed.com and www.careteamhub.com About Netsmart Netsmart, a leading provider of Software-as-a-Service technology and services solutions, designs, builds and delivers electronic health records (EHRs), health information exchanges (HIEs), analytics and telehealth solutions and services that are powerful, intuitive and easy-to-use. Our platform provides accurate, up-to-date information that is easily accessible to care team members in the human services and post-acute care (which is comprised of home care and hospice and senior living) markets. We make the complex simple and personalized so our clients can concentrate on what they do best: provide services and treatment that support whole-person care. By leveraging the powerful Netsmart network, care providers can seamlessly and securely integrate information across communities, collaborate on the most effective treatments and improve outcomes for those in their care. Our streamlined systems and personalized workflows put relevant information at the fingertips of users when and where they need it. For more than 50 years, Netsmart has been committed to providing a common platform to integrate care. SIMPLE. PERSONAL. POWERFUL. Our more than 2,300 associates work hand-in-hand with our 675,000+ users at our clients across the U.S. to develop and deploy technology that automates and coordinates everything from clinical to financial to administrative. Learn more about how Netsmart is changing the face of healthcare today. Visit www.ntst.com, call 1-800-472-5509, follow us on our CareThreads Blog, LinkedIn and Twitter, like us on Facebook or visit us on YouTube. Netsmart is pleased to support the EveryDayMatters Foundation, which was established for behavioral health, care at home, senior living and social services organizations to learn from each other and share their causes and stories. Answer:
Netsmart Acquires GPM to Enhance Provider Digitization and Mobile Workflows
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Today, Netsmart announced the acquisition of GPM, a North Carolina-based Software-as-a-Service technology and services company, dedicated to supporting Long-term/Post-acute care (LTPAC) medical practices that provide medical care to geriatric patients many of whom reside in skilled nursing facilities. This acquisition extends the Netsmart CareFabric platform to deliver interoperable data sharing between long-term care facilities and the providers that treat and coordinate care for their residents. GPM is a great addition to the Netsmart family, said Netsmart CEO Mike Valentine. The company was founded by geriatricians, which is evident in their collaborative approach to solving everyday efficiency challenges faced by mobile practitioners. This philosophy is a perfect cultural fit with Netsmart as we believe client partnerships lead to the best innovation and ultimately improve patient care. GPM was founded in 2012 and has partnered with physicians and long-term care specialists to develop solutions that address the unique workflows of providers serving the LTPAC market. GPM will bring GEHRIMED, a community-based LTPAC mobile electronic health record (EHR) platform, and CareTeam, a care coordination and messaging platform whose capabilities will be enhanced by its integration into the CareFabric platform with digitized, real-time progress note delivery. Integrating the CareTeam solution into the CareFabric platform will bridge the gaps in communication for on-site and off-site practitioners, creating a seamless workflow for providers and on-site teams. This integration will enable better patient outcomes and population health insights through clinical record sharing, enhanced analytics and reporting. We value the expertise and knowledge their team brings to Netsmart, said Valentine. We believe the mobile practitioner is central to providing quality care for patients regardless of care setting in the community the pandemic has only accelerated this evolution. In the not so distant future, we see integrated care models involving physicians and other care givers in the home, community and residential settings becoming the new norm and this addition will accelerate our strategy to support our clients as they embrace this evolution. The addition of GPM capabilities into the already robust CareFabric platform enhances providers abilities to digitize their workflows that optimize their increasingly mobile service delivery models. We are thrilled to join the Netsmart team and work together to develop advanced technology that will better serve our providers and their patients, said GPM General Manager Beth Reece. This is a force multiplier for both new and existing clients as we will now have the ability to improve care delivery through additional value-added offerings such as telehealth, billing, interoperability and analytics tools. Stephens Inc. acted as the exclusive strategic and financial advisor to GPM for this transaction. About GPM GPM is a Software-as-a-Service technology and services company devoted to the support of the long-term/post-acute care (LTPAC) community. A focus on solving LTPACs unique problems has made GPM the markets leading provider of medical EHR solutions, with the GEHRIMED EHR as the flagship product. GPM believes in the potential of powerful, intuitive technological solutions to make LTPAC professionals jobs easier, more profitable, and more effective. To learn more visit, www.gpm.md, www.gehrimed.com and www.careteamhub.com About Netsmart Netsmart, a leading provider of Software-as-a-Service technology and services solutions, designs, builds and delivers electronic health records (EHRs), health information exchanges (HIEs), analytics and telehealth solutions and services that are powerful, intuitive and easy-to-use. Our platform provides accurate, up-to-date information that is easily accessible to care team members in the human services and post-acute care (which is comprised of home care and hospice and senior living) markets. We make the complex simple and personalized so our clients can concentrate on what they do best: provide services and treatment that support whole-person care. By leveraging the powerful Netsmart network, care providers can seamlessly and securely integrate information across communities, collaborate on the most effective treatments and improve outcomes for those in their care. Our streamlined systems and personalized workflows put relevant information at the fingertips of users when and where they need it. For more than 50 years, Netsmart has been committed to providing a common platform to integrate care. SIMPLE. PERSONAL. POWERFUL. Our more than 2,300 associates work hand-in-hand with our 675,000+ users at our clients across the U.S. to develop and deploy technology that automates and coordinates everything from clinical to financial to administrative. Learn more about how Netsmart is changing the face of healthcare today. Visit www.ntst.com, call 1-800-472-5509, follow us on our CareThreads Blog, LinkedIn and Twitter, like us on Facebook or visit us on YouTube. Netsmart is pleased to support the EveryDayMatters Foundation, which was established for behavioral health, care at home, senior living and social services organizations to learn from each other and share their causes and stories.
edtsum7546
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: LONDONand NEW YORK, March 25, 2020 /PRNewswire/ --GFT, a global IT services and software engineering providerdriving the digital transformation of the world's leading companies in the financial and insurance sectors, and the manufacturing industry has been designated as a global Google Anthos Service Partner. Google Anthos is an open source, hybrid modernisation platform, providing a unique 'single pane of glass' enabling clients to manage and monitor an entire hybrid and multi-cloud infrastructure. GFTis one of a very limited number of firms to have been awarded this accolade and will play a pivotal role in promoting the benefits of the Anthos offering globally. Anthos is a 100% open source software solution based on Kubernetes and is transformational on many levels. It enables users to easily move applications and microservices around their technology estate and across multi-cloud environments with no hardware lock-in. By simplifying the overall management of existing hybrid and multi-cloud environments it delivers platform consistency and much improved security capabilities. Karl Havard, Google Cloud Alliance Lead at GFT commented: "The promotion of Anthos is a strategic global initiative within Google and acquiring this highly prestigious partner status is a testament to our strong relationship and in-depth technical expertise. Adding Anthos to our portfolio of services significantly enhances GFT's overall cloud adoption and migration offering." He added: "Whilst it is a standalone platform it also fits very neatly with Tranquility Base, the open source datacenter-as-code solution created by GFT. Together, we believe it will be instrumental in enabling GFT to support many more clients in achieving a highly secure, accelerated cloud migration journey, faster than ever before." The Anthos platform provides an array of capabilities that add real value. These include enabling users to better exploit the many advantages of small, agile teams using the best tools available and allowing them to focus on the rapid development of new apps, not managing infrastructures. Anthos also virtually eliminates the onerous burden of multiple vendor contracts and their associated costs, empowering innovation by informing better decision making. Andrew Rossiter, CTO for the Atlantic region at GFT concluded: "GFT is at the forefront of the 'build once, run anywhere, across existing on-premise infrastructure and all major public cloud providers' philosophy. We believe solutions like Anthos will help our clients to avoid the pitfalls that far too many firms have encountered on their way to the cloud. This, and the fact that it is already proven and in use within a number of high profile organisations creates a very compelling proposition for all our clients." He summarized: "GFT is already engaged in a number of advanced discussions with potential new users of Anthos and is looking forward to a long and fruitful collaboration with Google by supporting cross-industry adoption of this important offering." SOURCE GFT Related Links https://www.gft.com Answer:
GFT Awarded Global Google Anthos Service Partner Status
LONDONand NEW YORK, March 25, 2020 /PRNewswire/ --GFT, a global IT services and software engineering providerdriving the digital transformation of the world's leading companies in the financial and insurance sectors, and the manufacturing industry has been designated as a global Google Anthos Service Partner. Google Anthos is an open source, hybrid modernisation platform, providing a unique 'single pane of glass' enabling clients to manage and monitor an entire hybrid and multi-cloud infrastructure. GFTis one of a very limited number of firms to have been awarded this accolade and will play a pivotal role in promoting the benefits of the Anthos offering globally. Anthos is a 100% open source software solution based on Kubernetes and is transformational on many levels. It enables users to easily move applications and microservices around their technology estate and across multi-cloud environments with no hardware lock-in. By simplifying the overall management of existing hybrid and multi-cloud environments it delivers platform consistency and much improved security capabilities. Karl Havard, Google Cloud Alliance Lead at GFT commented: "The promotion of Anthos is a strategic global initiative within Google and acquiring this highly prestigious partner status is a testament to our strong relationship and in-depth technical expertise. Adding Anthos to our portfolio of services significantly enhances GFT's overall cloud adoption and migration offering." He added: "Whilst it is a standalone platform it also fits very neatly with Tranquility Base, the open source datacenter-as-code solution created by GFT. Together, we believe it will be instrumental in enabling GFT to support many more clients in achieving a highly secure, accelerated cloud migration journey, faster than ever before." The Anthos platform provides an array of capabilities that add real value. These include enabling users to better exploit the many advantages of small, agile teams using the best tools available and allowing them to focus on the rapid development of new apps, not managing infrastructures. Anthos also virtually eliminates the onerous burden of multiple vendor contracts and their associated costs, empowering innovation by informing better decision making. Andrew Rossiter, CTO for the Atlantic region at GFT concluded: "GFT is at the forefront of the 'build once, run anywhere, across existing on-premise infrastructure and all major public cloud providers' philosophy. We believe solutions like Anthos will help our clients to avoid the pitfalls that far too many firms have encountered on their way to the cloud. This, and the fact that it is already proven and in use within a number of high profile organisations creates a very compelling proposition for all our clients." He summarized: "GFT is already engaged in a number of advanced discussions with potential new users of Anthos and is looking forward to a long and fruitful collaboration with Google by supporting cross-industry adoption of this important offering." SOURCE GFT Related Links https://www.gft.com
edtsum7548
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 9, 2020 /PRNewswire/ --Purity Organic, a trusted provider of delicious organic beverages, is launching a limited set of Sweet Leaf Tea 16 oz products for sale nationwide on https://purityorganic.com. The direct-to-consumer launch comes after the December purchase of the iconic Sweet Leaf Brand. "We can't wait to get Sweet Leaf back into the hands of our customers online," said Bill Porter, VP of Marketing at Purity Organic. "We are continuing to work with regional distributors to get products back on shelves, but given the current global crisis we are hoping some organic tea and juice delivered to your door will bring a bit of joy." The Sweet Leaf Products Available Online include: Texas Honey Tea: We brewed semi-sweet black tea with organic honey to bring you one classic and deliciously Southern favorite: Texas honey tea. Sweetened with organic honey, you can now enjoy the taste of Texas anywhere. Mint & Honey Green Tea: We brewed a premium green tea with mint and organic honey, for a refreshing Sweet Leaf original. Sweet and smooth premium green tea is balanced by the sweetness of organic honey. Half & Half Lemonade Tea: Black tea and lemonade combine for one delicious and classically Southern tea. Enjoy this smooth and organic black tea balanced by notes of citrus from lemon juice, sweetened with pure cane sugar. Original Iced Tea: Slow-brewed smooth black tea sweetened with pure cane sugar makes this original tea a deliciously Southern treat, perfect for any time of day. Peach Iced Tea: Sweet and satisfying organic black tea is balanced by a refreshing peach taste. This sweet tea is sure to bring a smile to your face. Raspberry Tea: Slow-brewed and refreshing black tea, sweetened with pure cane sugar for just a hint of Southern sweetness, is balanced by a tart raspberry taste, ready to be enjoyed any time of day. Semi-Sweet Lemon Tea: This organic tea is sweetened with just enough pure cane sugar for the perfect hint of sweet, Southern flavor, for morning, noon or golden hour. Unsweet Lemon Tea: For those that like to keep things simple, this tea is the perfect fix. This slow-brewed black tea is just 10 calories per bottle, bringing that perfect hint of flavor directly to your taste buds. Classic Lemonade: Tart, refreshing and sweet, our Classic Lemonade is made for spring and summer days. With pure cane sugar, it's the perfect refreshment for any sunny afternoon -- that tart citrus and and sweet cane sugar team up for the classic lemonade taste you remember. Pomegranate Blueberry Lemonade: Tart and tangy but still refreshing and sweet, this lemonade was made for spring and summer afternoons. Tart pomegranate and sweet blueberries are balanced by notes of citrus from the lemonade, then sweetened with pure cane sugar. Orange Mango Lemonade: Sweet and refreshing, orange mango lemonade is here to quench your thirst. Mango and orange flavors are balanced by the lemony citrus and sweetened with cane sugar. For more information, please contact Bill Porter, [emailprotected]. About Purity Organic, Inc. Purity Organic is an organic food company based in Oakland, CA focusing on better for you products. At Purity Organic, we think organic and delicious is the way we should all be able to drink. At a price we can all feel good about. SOURCE Purity Organic Related Links http://purityorganic.com Answer:
Sweet Leaf Tea Available Online for Purchase Select 16oz Sweet Leaf Tea Flavors Available for Purchase via Purity Organic Website
OAKLAND, Calif., April 9, 2020 /PRNewswire/ --Purity Organic, a trusted provider of delicious organic beverages, is launching a limited set of Sweet Leaf Tea 16 oz products for sale nationwide on https://purityorganic.com. The direct-to-consumer launch comes after the December purchase of the iconic Sweet Leaf Brand. "We can't wait to get Sweet Leaf back into the hands of our customers online," said Bill Porter, VP of Marketing at Purity Organic. "We are continuing to work with regional distributors to get products back on shelves, but given the current global crisis we are hoping some organic tea and juice delivered to your door will bring a bit of joy." The Sweet Leaf Products Available Online include: Texas Honey Tea: We brewed semi-sweet black tea with organic honey to bring you one classic and deliciously Southern favorite: Texas honey tea. Sweetened with organic honey, you can now enjoy the taste of Texas anywhere. Mint & Honey Green Tea: We brewed a premium green tea with mint and organic honey, for a refreshing Sweet Leaf original. Sweet and smooth premium green tea is balanced by the sweetness of organic honey. Half & Half Lemonade Tea: Black tea and lemonade combine for one delicious and classically Southern tea. Enjoy this smooth and organic black tea balanced by notes of citrus from lemon juice, sweetened with pure cane sugar. Original Iced Tea: Slow-brewed smooth black tea sweetened with pure cane sugar makes this original tea a deliciously Southern treat, perfect for any time of day. Peach Iced Tea: Sweet and satisfying organic black tea is balanced by a refreshing peach taste. This sweet tea is sure to bring a smile to your face. Raspberry Tea: Slow-brewed and refreshing black tea, sweetened with pure cane sugar for just a hint of Southern sweetness, is balanced by a tart raspberry taste, ready to be enjoyed any time of day. Semi-Sweet Lemon Tea: This organic tea is sweetened with just enough pure cane sugar for the perfect hint of sweet, Southern flavor, for morning, noon or golden hour. Unsweet Lemon Tea: For those that like to keep things simple, this tea is the perfect fix. This slow-brewed black tea is just 10 calories per bottle, bringing that perfect hint of flavor directly to your taste buds. Classic Lemonade: Tart, refreshing and sweet, our Classic Lemonade is made for spring and summer days. With pure cane sugar, it's the perfect refreshment for any sunny afternoon -- that tart citrus and and sweet cane sugar team up for the classic lemonade taste you remember. Pomegranate Blueberry Lemonade: Tart and tangy but still refreshing and sweet, this lemonade was made for spring and summer afternoons. Tart pomegranate and sweet blueberries are balanced by notes of citrus from the lemonade, then sweetened with pure cane sugar. Orange Mango Lemonade: Sweet and refreshing, orange mango lemonade is here to quench your thirst. Mango and orange flavors are balanced by the lemony citrus and sweetened with cane sugar. For more information, please contact Bill Porter, [emailprotected]. About Purity Organic, Inc. Purity Organic is an organic food company based in Oakland, CA focusing on better for you products. At Purity Organic, we think organic and delicious is the way we should all be able to drink. At a price we can all feel good about. SOURCE Purity Organic Related Links http://purityorganic.com
edtsum7552
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: JACKSONVILLE, Fla.--(BUSINESS WIRE)--Southeastern Grocers, Inc. (SEG), parent company and home of BI-LO, Fresco y Ms, Harveys Supermarket and Winn-Dixie grocery stores, together with the SEG Gives Foundation, has graciously given more than $8.25 million back to local communities this year to support neighbors in need. Despite an especially challenging year, the grocer has continued its undeniable dedication to the communities it serves by partnering with more than 4,700 local organizations throughout the Southeast, hosting more than 30 mobile food pantries and providing more than 10 million meals to help fight hunger. The grocer has celebrated health care professionals, first responders, nurses and teachers alongside the community for their continued resilience and heroic work on the frontline of the pandemic. Additionally, the grocer and its customers generously rounded up spare change during a countrywide change shortage to benefit charitable organizations throughout the Southeast. Southeastern Grocers associates have championed for change during times of social unrest, worked tirelessly to keep shelves stocked during the ongoing pandemic and spread kindness when customers needed it most. Anthony Hucker, President and CEO of Southeastern Grocers, said, As we all reflect on this year, many may be reminded of the challenges and obstacles faced throughout the world, but we believe it is important to remember that this year has given us so many new reasons to celebrate our neighbors and those who share our communities. Together, we experienced unimaginable loss and overwhelming change, but we have proven that we are most resilient as a united community and that kindness can go a long way. Throughout the year, Southeastern Grocers and the SEG Gives Foundation have donated nearly $4 million back into the community to help alleviate food insecurity and donated more than $630,000 to the American Red Cross to aid in fire prevention and disaster relief efforts during one of the most active hurricane seasons on record. The grocer supported local heroes, including firefighters, police officers and first responders who protect and serve our communities as well as veterans organizations that honor and support those who have fought and continue to fight for our countrys freedoms. The grocer also donated more than $2.5 million to Folds of Honor in 2020, providing more than 500 educational scholarships to the legacies of fallen and disabled service members. The SEG Gives Foundation expanded its focus this year with the addition of education as the fourth charitable pillar. This commitment provides support for educational professionals who help develop students inside and outside of the classroom. The foundation also established the Romay Davis Belonging, Inclusion and Diversity Grant program to provide nonprofits supporting minority communities with the opportunity to receive funding to serve diverse sectors within education, food insecurities and health care. As the country faced challenging times with a global pandemic and heightened racial distress, Southeastern Grocers remained committed to fostering a culture of belonging and inclusion for people of all backgrounds. To support the fight for racial equality and social justice, the SEG Gives Foundation offered nonprofits in communities throughout its seven-state footprint the opportunity to apply for grant funds. In late October, the SEG Gives Foundation awarded a total of $100,000 to nine nonprofit organizations to help address racial disparities in education, health care and food insecurity. Southeastern Grocers has a long-standing history of supporting the communities it serves through partnerships with national and local organizations that exceed far beyond the grocers work in 2020. The grocer annually partners with the American Red Cross to aid in disaster relief efforts, Feeding America to fight hunger throughout the Southeast, supports Folds of Honors mission to provide educational scholarships, joins the fight against heart disease and stroke by partnering with the American Heart Association and supports cancer research and education through partnerships with Making Strides and Ochsner Hospital for Children with nearly $1 million donated to regional partners this year. About Southeastern Grocers Southeastern Grocers, Inc. (SEG), parent company and home of BI-LO, Fresco y Ms, Harveys Supermarket and Winn-Dixie grocery stores, is one of the largest conventional supermarket companies in the U.S. SEG grocery stores, liquor stores and in-store pharmacies serve communities throughout the seven southeastern states of Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina and South Carolina. BI-LO, Fresco y Ms, Harveys Supermarket and Winn-Dixie are well-known and well-respected regional brands with deep heritages, strong neighborhood ties, proud histories of giving back, talented and caring associates and strong commitments to providing the best possible quality and value to customers. For more information, visit www.bi-lo.com, www.frescoymas.com, www.harveyssupermarkets.com and www.winndixie.com. About SEG Gives Foundation SEG Gives Foundation is the charitable arm of Southeastern Grocers, Inc. (SEG), parent company of BI-LO, Fresco y Ms, Harveys Supermarket and Winn-Dixie stores. The SEG Gives Foundation aligns giving with causes that are priorities to the communities SEG serves, including the fight against hunger, support for military service members and their families, relief to those affected by extreme weather and natural disasters and quality educational opportunities for students. Southeastern Grocers strives to be ingrained in its communities and, through the SEG Gives Foundation, better the lives of its customers and neighbors. Answer:
Southeastern Grocers Gives More Than $8.25 Million Back to Local Communities During 2020 Grocer supports communities, neighbors and frontline workers in need during most challenging year
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Southeastern Grocers, Inc. (SEG), parent company and home of BI-LO, Fresco y Ms, Harveys Supermarket and Winn-Dixie grocery stores, together with the SEG Gives Foundation, has graciously given more than $8.25 million back to local communities this year to support neighbors in need. Despite an especially challenging year, the grocer has continued its undeniable dedication to the communities it serves by partnering with more than 4,700 local organizations throughout the Southeast, hosting more than 30 mobile food pantries and providing more than 10 million meals to help fight hunger. The grocer has celebrated health care professionals, first responders, nurses and teachers alongside the community for their continued resilience and heroic work on the frontline of the pandemic. Additionally, the grocer and its customers generously rounded up spare change during a countrywide change shortage to benefit charitable organizations throughout the Southeast. Southeastern Grocers associates have championed for change during times of social unrest, worked tirelessly to keep shelves stocked during the ongoing pandemic and spread kindness when customers needed it most. Anthony Hucker, President and CEO of Southeastern Grocers, said, As we all reflect on this year, many may be reminded of the challenges and obstacles faced throughout the world, but we believe it is important to remember that this year has given us so many new reasons to celebrate our neighbors and those who share our communities. Together, we experienced unimaginable loss and overwhelming change, but we have proven that we are most resilient as a united community and that kindness can go a long way. Throughout the year, Southeastern Grocers and the SEG Gives Foundation have donated nearly $4 million back into the community to help alleviate food insecurity and donated more than $630,000 to the American Red Cross to aid in fire prevention and disaster relief efforts during one of the most active hurricane seasons on record. The grocer supported local heroes, including firefighters, police officers and first responders who protect and serve our communities as well as veterans organizations that honor and support those who have fought and continue to fight for our countrys freedoms. The grocer also donated more than $2.5 million to Folds of Honor in 2020, providing more than 500 educational scholarships to the legacies of fallen and disabled service members. The SEG Gives Foundation expanded its focus this year with the addition of education as the fourth charitable pillar. This commitment provides support for educational professionals who help develop students inside and outside of the classroom. The foundation also established the Romay Davis Belonging, Inclusion and Diversity Grant program to provide nonprofits supporting minority communities with the opportunity to receive funding to serve diverse sectors within education, food insecurities and health care. As the country faced challenging times with a global pandemic and heightened racial distress, Southeastern Grocers remained committed to fostering a culture of belonging and inclusion for people of all backgrounds. To support the fight for racial equality and social justice, the SEG Gives Foundation offered nonprofits in communities throughout its seven-state footprint the opportunity to apply for grant funds. In late October, the SEG Gives Foundation awarded a total of $100,000 to nine nonprofit organizations to help address racial disparities in education, health care and food insecurity. Southeastern Grocers has a long-standing history of supporting the communities it serves through partnerships with national and local organizations that exceed far beyond the grocers work in 2020. The grocer annually partners with the American Red Cross to aid in disaster relief efforts, Feeding America to fight hunger throughout the Southeast, supports Folds of Honors mission to provide educational scholarships, joins the fight against heart disease and stroke by partnering with the American Heart Association and supports cancer research and education through partnerships with Making Strides and Ochsner Hospital for Children with nearly $1 million donated to regional partners this year. About Southeastern Grocers Southeastern Grocers, Inc. (SEG), parent company and home of BI-LO, Fresco y Ms, Harveys Supermarket and Winn-Dixie grocery stores, is one of the largest conventional supermarket companies in the U.S. SEG grocery stores, liquor stores and in-store pharmacies serve communities throughout the seven southeastern states of Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina and South Carolina. BI-LO, Fresco y Ms, Harveys Supermarket and Winn-Dixie are well-known and well-respected regional brands with deep heritages, strong neighborhood ties, proud histories of giving back, talented and caring associates and strong commitments to providing the best possible quality and value to customers. For more information, visit www.bi-lo.com, www.frescoymas.com, www.harveyssupermarkets.com and www.winndixie.com. About SEG Gives Foundation SEG Gives Foundation is the charitable arm of Southeastern Grocers, Inc. (SEG), parent company of BI-LO, Fresco y Ms, Harveys Supermarket and Winn-Dixie stores. The SEG Gives Foundation aligns giving with causes that are priorities to the communities SEG serves, including the fight against hunger, support for military service members and their families, relief to those affected by extreme weather and natural disasters and quality educational opportunities for students. Southeastern Grocers strives to be ingrained in its communities and, through the SEG Gives Foundation, better the lives of its customers and neighbors.
edtsum7565
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, Aug. 20, 2020 /PRNewswire/ --The US Navy Veterans Mesothelioma Advocate says, "If you are a Navy Veteran with recently diagnosed mesothelioma in any state or their wife or son-daughter please concentrate on compensation and call 800-714-0303 for direct access to attorney Erik Karst of the law firm of Karst von Oiste. Erik Karst is one of the nation's leading mesothelioma attorneys and he and his remarkable team at the law firm of Karst von Oiste consistently get the best mesothelioma compensation results for their Navy Veteran clients. Continue Reading US Navy Mesothelioma Asbestos Warning Sign "Mesothelioma compensation for a Navy Veteran with this rare cancer can frequently exceed a million dollars. Mesothelioma compensation for a career Navy Veteran might be in the millions of dollars as Erik Karst of the law firm of Karst von Oiste can explain at 800-714-0303."www.karstvonoiste.com The US Navy Veterans Mesothelioma Advocate is appealing to the family of a Navy Veteran who had significant exposure to asbestos in the navy to please tell his doctors about the asbestos exposure-especially if the Navy Veteran has been hospitalized for suspected Coronavirus. The Coronavirus and mesothelioma have almost identical symptoms and the Advocate fears that many Navy Veterans who had mesothelioma may have been initially diagnosed with the Coronavirus. If the doctors never figured it out and this person died of 'suspected' Coronavirus--there will be no compensation for this individual.https://USNavyMesothelioma.Com According to the CDC the states indicated with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon.However, based on the calls the US Navy Veterans Mesothelioma Advocate receives a US Navy Veteran who has been diagnosed with mesothelioma could live in any state including New York, Florida, California, Texas, Ohio, Iowa, Indiana, Missouri, North Carolina, Kentucky, Tennessee, Georgia, Alabama, Oklahoma, Arkansas, Kansas, Nebraska, North Dakota, Wyoming, Nevada, Colorado, New Mexico, Utah, Arizona, Idaho, or Alaska.www.karstvonoiste.com/For more information about mesothelioma, please refer to the National Institutes of Health's web site related to this rare form of cancer:https://www.cancer.gov/types/mesotheliomaMedia Contact:Michael Thomas800-714-0303 [emailprotected]SOURCE US Navy Veterans Mesothelioma Advocate Related Links http://www.karstvonoiste.com Answer:
US Navy Veterans Mesothelioma Advocate Has Endorsed Attorney Erik Karst of Karst von Oiste To Go the Extra Mile to Ensure a Top Compensation Result for a Navy Veteran with Mesothelioma Nationwide
HOUSTON, Aug. 20, 2020 /PRNewswire/ --The US Navy Veterans Mesothelioma Advocate says, "If you are a Navy Veteran with recently diagnosed mesothelioma in any state or their wife or son-daughter please concentrate on compensation and call 800-714-0303 for direct access to attorney Erik Karst of the law firm of Karst von Oiste. Erik Karst is one of the nation's leading mesothelioma attorneys and he and his remarkable team at the law firm of Karst von Oiste consistently get the best mesothelioma compensation results for their Navy Veteran clients. Continue Reading US Navy Mesothelioma Asbestos Warning Sign "Mesothelioma compensation for a Navy Veteran with this rare cancer can frequently exceed a million dollars. Mesothelioma compensation for a career Navy Veteran might be in the millions of dollars as Erik Karst of the law firm of Karst von Oiste can explain at 800-714-0303."www.karstvonoiste.com The US Navy Veterans Mesothelioma Advocate is appealing to the family of a Navy Veteran who had significant exposure to asbestos in the navy to please tell his doctors about the asbestos exposure-especially if the Navy Veteran has been hospitalized for suspected Coronavirus. The Coronavirus and mesothelioma have almost identical symptoms and the Advocate fears that many Navy Veterans who had mesothelioma may have been initially diagnosed with the Coronavirus. If the doctors never figured it out and this person died of 'suspected' Coronavirus--there will be no compensation for this individual.https://USNavyMesothelioma.Com According to the CDC the states indicated with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon.However, based on the calls the US Navy Veterans Mesothelioma Advocate receives a US Navy Veteran who has been diagnosed with mesothelioma could live in any state including New York, Florida, California, Texas, Ohio, Iowa, Indiana, Missouri, North Carolina, Kentucky, Tennessee, Georgia, Alabama, Oklahoma, Arkansas, Kansas, Nebraska, North Dakota, Wyoming, Nevada, Colorado, New Mexico, Utah, Arizona, Idaho, or Alaska.www.karstvonoiste.com/For more information about mesothelioma, please refer to the National Institutes of Health's web site related to this rare form of cancer:https://www.cancer.gov/types/mesotheliomaMedia Contact:Michael Thomas800-714-0303 [emailprotected]SOURCE US Navy Veterans Mesothelioma Advocate Related Links http://www.karstvonoiste.com
edtsum7572
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, Oct. 2, 2020 /PRNewswire/ --Churchill Capital Corp III ("Churchill III") (NYSE: CCXX), a public investment vehicle, today confirmed the special meeting of stockholders to approve the pending combination with Polaris Parent Corp., the parent of MultiPlan, Inc ("MultiPlan"), will be held at 10:00 a.m. Eastern Time on October 7, 2020 via live webcast. The proxy statement is available in the Investor Resources section of Churchill III's website as well as on www.sec.gov. The consummation of the business combination is currently expected to occur on October 8, 2020, the day immediately following the special meeting of stockholders, subject to final stockholder approval and satisfaction of other customary conditions. As previously disclosed, Churchill III stockholders, representing approximately 41% of the outstanding common stock of Churchill III, have agreed to vote FOR the business combination proposal with MultiPlan as well as the other proposals set forth in the proxy statement. In addition, as previously disclosed, an affiliate of MultiPlan owns approximately 6.6% of the outstanding shares of Churchill III's common stock and has agreed to vote such shares FOR the business combination in the same proportion as the votes cast by other Churchill III stockholders FOR the business combination relative to all votes actually cast by other Churchill III stockholders with respect to such proposal. Further, Churchill III has received commitments from existing investors and new PIPE investors for funding and non-redemptions of approximately $2.9 billion in the aggregate, which is more than sufficient to satisfy the closing cash condition. Holders of Churchill III's common stock as of the close of business on September 14, 2020 are entitled to vote at the special meeting. The Churchill III Board of Directors unanimously recommends that stockholders vote "FOR" the business combination proposal with MultiPlan as well as the other proposals set forth in the proxy statement. About Churchill Capital Corp III Churchill Capital Corp III is a public investment vehicle formed for the purpose of effecting a merger, acquisition, or similar business combination. Churchill III was founded by a group of leading current and former business and financial leaders. Churchill III's securities are traded on the New York Stock Exchange under ticker symbols CCXX, CCXX. WS and CCXX.U. The Company raised $1.1 billion of cash proceeds in an initial public offering in February 2020. Churchill's first public equity investment company, Churchill Capital Corp, led by Jerre Stead, merged with Clarivate Analytics, a leading provider of comprehensive intellectual property and scientific information, analytical tools, and services in May 2019. Churchill Capital Corp II and Churchill Capital Corp IV are actively pursuing initial business combination targets in any business or industry. For more information, visit iii.churchillcapitalcorp.com About Multiplan MultiPlan is committed to helping healthcare payers manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics, and a team rich with industry experience, MultiPlan interprets clients' needs and customizes innovative solutions that combine its payment integrity, network-based and analytics-based services. MultiPlan is a trusted partner to over 700 healthcare payers in the commercial health, dental, government and property and casualty markets. MultiPlan is owned by Hellman & Friedman and other investors. For more information, visit multiplan.com. Forward-Looking Statements This communication includes "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Terms such as "anticipate," "believe," "will," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "should," "would," or similar expressions may identify forward-looking statements, but the absence of these words does not mean the statement is not forward-looking. Such forward looking statements are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward looking statements. Investors are also encouraged to review the risks and uncertainties indicated in the definitive proxy statement filed with SEC on September 18, 2020, including those under "Risk Factors" therein, and other documents filed or to be filed in connection with the business combination with SEC by Churchill III. Forward-looking statements speak only as of the date made and, except as required by law, Churchill III and MultiPlan undertake no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements in this communication speak as of the date of this communication. Although Churchill III may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so whether as a result of new information, future events, changes in assumptions or otherwise except as required by securities laws. No Offer or Solicitation This communication is for informational purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of any securities in any jurisdiction in contravention of applicable law. In particular, this communication is not an offer of securities for sale into the United States. No offer of securities shall be made in the United States absent registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements. Additional Information and Where to Find It In connection with the proposed transactions, Churchill III filed a definitive proxy statement with the SEC on September 18, 2020. Stockholders are urged to read the definitive proxy statement and any other documents filed with the SEC in connection with the proposed business combination or incorporated by reference in the definitive proxy statement because they will contain important information about the proposed business combination. Investors will be able to obtain free of charge the proxy statement and other documents filed with the SEC at the SEC's website athttp://www.sec.gov. Copies of the documents filed with the SEC by Churchill III when and if available, can be obtained free of charge by directing a written request to Churchill Capital Corp III, 640 Fifth Avenue, 12th Floor, New York, NY 10019. Contacts:Media: Steven Lipin or Felipe Ucros. Gladstone Place Partners, 212-230-5930 SOURCE Churchill Capital Corp III Related Links https://iii.churchillcapitalcorp.com Answer:
Churchill Capital Corp III Confirms the Anticipated Closing Date for the MultiPlan Business Combination will be October 8, 2020
NEW YORK, Oct. 2, 2020 /PRNewswire/ --Churchill Capital Corp III ("Churchill III") (NYSE: CCXX), a public investment vehicle, today confirmed the special meeting of stockholders to approve the pending combination with Polaris Parent Corp., the parent of MultiPlan, Inc ("MultiPlan"), will be held at 10:00 a.m. Eastern Time on October 7, 2020 via live webcast. The proxy statement is available in the Investor Resources section of Churchill III's website as well as on www.sec.gov. The consummation of the business combination is currently expected to occur on October 8, 2020, the day immediately following the special meeting of stockholders, subject to final stockholder approval and satisfaction of other customary conditions. As previously disclosed, Churchill III stockholders, representing approximately 41% of the outstanding common stock of Churchill III, have agreed to vote FOR the business combination proposal with MultiPlan as well as the other proposals set forth in the proxy statement. In addition, as previously disclosed, an affiliate of MultiPlan owns approximately 6.6% of the outstanding shares of Churchill III's common stock and has agreed to vote such shares FOR the business combination in the same proportion as the votes cast by other Churchill III stockholders FOR the business combination relative to all votes actually cast by other Churchill III stockholders with respect to such proposal. Further, Churchill III has received commitments from existing investors and new PIPE investors for funding and non-redemptions of approximately $2.9 billion in the aggregate, which is more than sufficient to satisfy the closing cash condition. Holders of Churchill III's common stock as of the close of business on September 14, 2020 are entitled to vote at the special meeting. The Churchill III Board of Directors unanimously recommends that stockholders vote "FOR" the business combination proposal with MultiPlan as well as the other proposals set forth in the proxy statement. About Churchill Capital Corp III Churchill Capital Corp III is a public investment vehicle formed for the purpose of effecting a merger, acquisition, or similar business combination. Churchill III was founded by a group of leading current and former business and financial leaders. Churchill III's securities are traded on the New York Stock Exchange under ticker symbols CCXX, CCXX. WS and CCXX.U. The Company raised $1.1 billion of cash proceeds in an initial public offering in February 2020. Churchill's first public equity investment company, Churchill Capital Corp, led by Jerre Stead, merged with Clarivate Analytics, a leading provider of comprehensive intellectual property and scientific information, analytical tools, and services in May 2019. Churchill Capital Corp II and Churchill Capital Corp IV are actively pursuing initial business combination targets in any business or industry. For more information, visit iii.churchillcapitalcorp.com About Multiplan MultiPlan is committed to helping healthcare payers manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics, and a team rich with industry experience, MultiPlan interprets clients' needs and customizes innovative solutions that combine its payment integrity, network-based and analytics-based services. MultiPlan is a trusted partner to over 700 healthcare payers in the commercial health, dental, government and property and casualty markets. MultiPlan is owned by Hellman & Friedman and other investors. For more information, visit multiplan.com. Forward-Looking Statements This communication includes "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Terms such as "anticipate," "believe," "will," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "should," "would," or similar expressions may identify forward-looking statements, but the absence of these words does not mean the statement is not forward-looking. Such forward looking statements are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward looking statements. Investors are also encouraged to review the risks and uncertainties indicated in the definitive proxy statement filed with SEC on September 18, 2020, including those under "Risk Factors" therein, and other documents filed or to be filed in connection with the business combination with SEC by Churchill III. Forward-looking statements speak only as of the date made and, except as required by law, Churchill III and MultiPlan undertake no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements in this communication speak as of the date of this communication. Although Churchill III may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so whether as a result of new information, future events, changes in assumptions or otherwise except as required by securities laws. No Offer or Solicitation This communication is for informational purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of any securities in any jurisdiction in contravention of applicable law. In particular, this communication is not an offer of securities for sale into the United States. No offer of securities shall be made in the United States absent registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements. Additional Information and Where to Find It In connection with the proposed transactions, Churchill III filed a definitive proxy statement with the SEC on September 18, 2020. Stockholders are urged to read the definitive proxy statement and any other documents filed with the SEC in connection with the proposed business combination or incorporated by reference in the definitive proxy statement because they will contain important information about the proposed business combination. Investors will be able to obtain free of charge the proxy statement and other documents filed with the SEC at the SEC's website athttp://www.sec.gov. Copies of the documents filed with the SEC by Churchill III when and if available, can be obtained free of charge by directing a written request to Churchill Capital Corp III, 640 Fifth Avenue, 12th Floor, New York, NY 10019. Contacts:Media: Steven Lipin or Felipe Ucros. Gladstone Place Partners, 212-230-5930 SOURCE Churchill Capital Corp III Related Links https://iii.churchillcapitalcorp.com
edtsum7573
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: LAS VEGAS, Dec. 2, 2020 /PRNewswire/ -- The National Cannabis Risk Management Association (NCRMA) is pleased to announce the launch of the first of several insurance products designed to normalize insurance availability and coverage all along the cannabis vertical. TRICHOMETM Risk Protection Productswill initially provide property, general premises liability, and products liability coverages to stand alone member dispensaries and dispensaries with a vertically integrated associated grow. Appointed brokers, who have been vetted and approved by the NCRMA, will work with directly with the program Managing General Agents to service the growing NCRMA membership. The NCRMA initially announced its intent to endorse an exclusive captive backed insurance programduring MJBIZCON 2019, but the effort has been delayed by the pandemic, according to the organization's senior leadership. "The challenge associated with the creation of an association owned captive insurance company for NCRMA members has been daunting," said Rocco Petrilli, chairman of the NCRMA. "The hardening effect of the pandemic on the insurance marketplacealong with the increase in natural calamities such as hurricanes and wildfires have produced multiple barriers which have slowed the creation of the initial TRICHOMETMproducts." "Our differentiator remains to be the NCRMA and its boundless approach to risk management which has satisfied the appropriate carrier and re-insurance capacity that the NCRMA presence will greatly reduce risk and create a best in class of insured." Petrilli also serves as president and director of the insurance solution. His primary focus is the launch and cost-effective growth of both organizations and to assure that NCRMA members receive TRICHOMETM and other risk management products and services that"make the members better." The TRICHOMETMproducts are expected to be available to the NCRMA membership early in 2021. About the NCRMA NCRMA provides a rapidly growing membership with pioneering and innovative risk management and insurance solutions through its expansive list of high-value service partners and offerings. Founded in 2018, the not-for-profit has established itself as the leader in providing cost effective and comprehensive non-traditional risk management solutions to the non-traditional cannabis market. To join, visithttps://ncrma.net SOURCE The National Cannabis Risk Management Association Related Links https://ncrma.net Answer:
Cannabis Insurance Group Announces Initial Product Offering At MJBIZCON 2020 TRICHOME Risk Protection Products Add Substantially to the NCRMA Innovative Risk Management Portfolio
LAS VEGAS, Dec. 2, 2020 /PRNewswire/ -- The National Cannabis Risk Management Association (NCRMA) is pleased to announce the launch of the first of several insurance products designed to normalize insurance availability and coverage all along the cannabis vertical. TRICHOMETM Risk Protection Productswill initially provide property, general premises liability, and products liability coverages to stand alone member dispensaries and dispensaries with a vertically integrated associated grow. Appointed brokers, who have been vetted and approved by the NCRMA, will work with directly with the program Managing General Agents to service the growing NCRMA membership. The NCRMA initially announced its intent to endorse an exclusive captive backed insurance programduring MJBIZCON 2019, but the effort has been delayed by the pandemic, according to the organization's senior leadership. "The challenge associated with the creation of an association owned captive insurance company for NCRMA members has been daunting," said Rocco Petrilli, chairman of the NCRMA. "The hardening effect of the pandemic on the insurance marketplacealong with the increase in natural calamities such as hurricanes and wildfires have produced multiple barriers which have slowed the creation of the initial TRICHOMETMproducts." "Our differentiator remains to be the NCRMA and its boundless approach to risk management which has satisfied the appropriate carrier and re-insurance capacity that the NCRMA presence will greatly reduce risk and create a best in class of insured." Petrilli also serves as president and director of the insurance solution. His primary focus is the launch and cost-effective growth of both organizations and to assure that NCRMA members receive TRICHOMETM and other risk management products and services that"make the members better." The TRICHOMETMproducts are expected to be available to the NCRMA membership early in 2021. About the NCRMA NCRMA provides a rapidly growing membership with pioneering and innovative risk management and insurance solutions through its expansive list of high-value service partners and offerings. Founded in 2018, the not-for-profit has established itself as the leader in providing cost effective and comprehensive non-traditional risk management solutions to the non-traditional cannabis market. To join, visithttps://ncrma.net SOURCE The National Cannabis Risk Management Association Related Links https://ncrma.net
edtsum7586
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, Feb. 26, 2021 /PRNewswire/ -- The global business process outsourcing market has the potential to grow by USD 76.9 billion during 2020-2024, according to the latest market research report by Technavio. Get a Free Sample Report Delivered InstantlyThe report highlights key products offered by the top five vendors and their contribution to the overall growth of the market. Continue Reading Business Process Outsourcing Market by End-user and Geography - Forecast and Analysis 2020-2024 Rising focus on reducing operational costs will be crucial in driving the growth of the global business process outsourcing market during the forecast period. Operations involving manufacturing goods and services, maintenance, and administration regularly incurs significant costs for companies. Hence, many organizations prefer to outsource their business processes and operations to reduce operational costs and improve their focus on core businesses. This has increased the demand for BPOs, which is driving the growth of the market. "The increasing adoption of BPO by IT and telecom service providers has been a prominent factor in boosting the market growth. Also, the surging number of BPOs will positively impact the market as well as the IT consulting & other services industry in the forthcoming years", says an analyst at Technavio.Develop Smart Strategies for Your Business: Grab an Exclusive Free Sample Report Now!Business Process Outsourcing Market: Competitive Vendor LandscapeThe market is fragmented due to the presence of many players. Accenture Plc, Automatic Data Processing Inc., Capgemini Services SAS, Infosys Ltd., and International Business Machines Corp. are some of the major market participants.To help clients improve their market position, this business process outsourcing market report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies.Gain Instant Access To 17,000+ Market Research Reports and Connect with Expert AnalystsTechnavio's SUBSCRIPTION platformTop Five Vendors in the Global Business Process Outsourcing Market:Accenture PlcAccenture Plc operates its business through segments such as Communications, Media & Technology, Financial Services, Health & Public Service, Products, and Others. The company offers BPO services through its human-machine operating engine SynOps, which provides applied intelligence, technology, and talent together to transform operations.Automatic Data Processing Inc.Automatic Data Processing Inc. operates its business through segments such as Employer services and PEO services. The company offers BPO services to help clients in achieving cost efficiency and in improving their business performance.Capgemini Services SAS Capgemini Services SAS operates its business through segments such as Strategy & Transformation, Applications & Technology, and Operations & Engineering. The company offers outsourcing services built on analytics to transform the manufacturing business into an agile, responsive across an ever-shifting business landscape.Infosys Ltd.Infosys Ltd. operates its business through segments such as Energy, Utilities, Resources and Services, Manufacturing, Hi-Tech, Life Sciences, and All other segments. The company offers end-to-end outsourcing services through its outsourcing service provider- Infosys BPM. Some of the services are customer service outsourcing, human resources outsourcing, and legal process outsourcing among others.International Business Machines Corp.International Business Machines Corp. operates its business through segments such as Cognitive Solutions, Global Business Services, Technology Services & Cloud Platforms, Systems, and Global Financing. The company offers BPO services such as procurement and sourcing services and finance transformation services, to create more intelligent workflows using automation, artificial intelligence, internet of things (IoT), cloud, and other emerging technologies.Related Reports on Information Technology Include:Global BPO Business Analytics Market Global BPO business analytics market is segmented by end-user (BFSI, retail, healthcare, manufacturing, and others) and geography (North America, APAC, Europe, MEA, and South America). Get an Exclusive Free Sample ReportGlobal Technical Support Outsourcing Market Global technical support outsourcing market is segmented by type (helpdesk and call center) and geography (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample ReportTo learn more about the global trends impacting the future of market research, Download a Free Sample ReportAbout TechnavioTechnavio 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.ContactsTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[emailprotected]Website:www.technavio.com/Report: www.technavio.com/report/business-process-outsourcing-market-size-industry-analysisSOURCE Technavio Answer:
Featuring Top 5 Vendors in the Global Business Process Outsourcing Market Report | Competitive Landscape and Key Product Offerings | Technavio
NEW YORK, Feb. 26, 2021 /PRNewswire/ -- The global business process outsourcing market has the potential to grow by USD 76.9 billion during 2020-2024, according to the latest market research report by Technavio. Get a Free Sample Report Delivered InstantlyThe report highlights key products offered by the top five vendors and their contribution to the overall growth of the market. Continue Reading Business Process Outsourcing Market by End-user and Geography - Forecast and Analysis 2020-2024 Rising focus on reducing operational costs will be crucial in driving the growth of the global business process outsourcing market during the forecast period. Operations involving manufacturing goods and services, maintenance, and administration regularly incurs significant costs for companies. Hence, many organizations prefer to outsource their business processes and operations to reduce operational costs and improve their focus on core businesses. This has increased the demand for BPOs, which is driving the growth of the market. "The increasing adoption of BPO by IT and telecom service providers has been a prominent factor in boosting the market growth. Also, the surging number of BPOs will positively impact the market as well as the IT consulting & other services industry in the forthcoming years", says an analyst at Technavio.Develop Smart Strategies for Your Business: Grab an Exclusive Free Sample Report Now!Business Process Outsourcing Market: Competitive Vendor LandscapeThe market is fragmented due to the presence of many players. Accenture Plc, Automatic Data Processing Inc., Capgemini Services SAS, Infosys Ltd., and International Business Machines Corp. are some of the major market participants.To help clients improve their market position, this business process outsourcing market report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies.Gain Instant Access To 17,000+ Market Research Reports and Connect with Expert AnalystsTechnavio's SUBSCRIPTION platformTop Five Vendors in the Global Business Process Outsourcing Market:Accenture PlcAccenture Plc operates its business through segments such as Communications, Media & Technology, Financial Services, Health & Public Service, Products, and Others. The company offers BPO services through its human-machine operating engine SynOps, which provides applied intelligence, technology, and talent together to transform operations.Automatic Data Processing Inc.Automatic Data Processing Inc. operates its business through segments such as Employer services and PEO services. The company offers BPO services to help clients in achieving cost efficiency and in improving their business performance.Capgemini Services SAS Capgemini Services SAS operates its business through segments such as Strategy & Transformation, Applications & Technology, and Operations & Engineering. The company offers outsourcing services built on analytics to transform the manufacturing business into an agile, responsive across an ever-shifting business landscape.Infosys Ltd.Infosys Ltd. operates its business through segments such as Energy, Utilities, Resources and Services, Manufacturing, Hi-Tech, Life Sciences, and All other segments. The company offers end-to-end outsourcing services through its outsourcing service provider- Infosys BPM. Some of the services are customer service outsourcing, human resources outsourcing, and legal process outsourcing among others.International Business Machines Corp.International Business Machines Corp. operates its business through segments such as Cognitive Solutions, Global Business Services, Technology Services & Cloud Platforms, Systems, and Global Financing. The company offers BPO services such as procurement and sourcing services and finance transformation services, to create more intelligent workflows using automation, artificial intelligence, internet of things (IoT), cloud, and other emerging technologies.Related Reports on Information Technology Include:Global BPO Business Analytics Market Global BPO business analytics market is segmented by end-user (BFSI, retail, healthcare, manufacturing, and others) and geography (North America, APAC, Europe, MEA, and South America). Get an Exclusive Free Sample ReportGlobal Technical Support Outsourcing Market Global technical support outsourcing market is segmented by type (helpdesk and call center) and geography (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample ReportTo learn more about the global trends impacting the future of market research, Download a Free Sample ReportAbout TechnavioTechnavio 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.ContactsTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[emailprotected]Website:www.technavio.com/Report: www.technavio.com/report/business-process-outsourcing-market-size-industry-analysisSOURCE Technavio
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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: HAMPTON, Va., May 21, 2020 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.12 per share on its common stock to be paid on June 26, 2020 to shareholders of record as of June 3, 2020. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $14.35 on May 19, 2020, the dividend yield is approximately 3.3%. ABOUT OLD POINT FINANCIAL CORPORATION Old Point Financial Corporation (Nasdaq: OPOF)is theparent company of Old Point National Bank, a locally owned and managed community bank, and Old Point Trust & Financial Services, N.A., awealth management services provider, serving the Hampton Roads, Virginia region.Additional information on the Company is available at www.OldPoint.com under "Investor Relations". Contact: Laura Wright, VP/Marketing Director, 757.728.1743 SOURCE Old Point Financial Corporation Related Links http://www.oldpoint.com Answer:
Old Point Financial Corporation Declares Quarterly Dividend
HAMPTON, Va., May 21, 2020 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.12 per share on its common stock to be paid on June 26, 2020 to shareholders of record as of June 3, 2020. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $14.35 on May 19, 2020, the dividend yield is approximately 3.3%. ABOUT OLD POINT FINANCIAL CORPORATION Old Point Financial Corporation (Nasdaq: OPOF)is theparent company of Old Point National Bank, a locally owned and managed community bank, and Old Point Trust & Financial Services, N.A., awealth management services provider, serving the Hampton Roads, Virginia region.Additional information on the Company is available at www.OldPoint.com under "Investor Relations". Contact: Laura Wright, VP/Marketing Director, 757.728.1743 SOURCE Old Point Financial Corporation Related Links http://www.oldpoint.com
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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: This unique delivery system of iodine has a faster absorption rate, is 9x more effective than a capsule and helps support a strong immune system.TORONTO, March 22, 2021 /PRNewswire/ -Terragenx Inc. has developed a unique production and delivery system that is 9x more effective than a capsule form, to deliver iodine. In partnership with Activation Products, Terragenx technologies have been utilized to produce Perfect Iodine, a 100% pure, natural oral spray. It is one of the first products to be manufactured in a pure and perfect form that is safe for ingestion. Iodine (iodide) is an essential micronutrient that your body requires daily to support your immune system health and function. Currently available for U.S. residents, it is 100% safe for all ages. Activation Products' Perfect Iodine (CNW Group/Activation Products (CAN) Inc) According to theWorld Health Organization (WHO)iodine (iodide) deficiency is a serious public health threat for 2 billion people worldwide. Yet, iodine is one of the world's leading defences against preventable mental impairment and some diseases. Iodine is a trace element that is an essential component to optimal health that is naturally present in some soils and seawater, some foods and added to some types of salt. Iodine... Deactivate's viruses and bacteria leaving recognizable materials for the immune system The immune system uses iodine to deactivate viruses in the bloodstream, which may facilitate the production of antibodies "Most people don't know how important iodine is to their immune system, let alone the general health benefits," Says Terry Mullins, CEO & founder of Terragenx and iodine scientist "To date, iodine technology developed over the 200 years, had benefits during that time for those applications. The technologies that are created at Terragenx, are the only 100% pure (and safe) iodine and iodide technology available to market." continues Mullins.Historically, there has been no delivery system technology that has been able to introduce iodine for immediate absorption. This first-of-its-kind oral spray formulation is produced with state-of-the-art equipment in Cobourg, Ontario (Canada) at Activation Products manufacturing facility. Why is this delivery system so unique? Sprays are 9x more effective than pills or gel caps as quoted in the Physicians Handbook Absorption is faster, and the body will naturally convert it into iodide supporting thyroid function Iodide is a fundamental building block in supporting connective tissue at a cellular level, cognitive development & function of the immune system Safe for the entire household adults, children, pregnant mothers, seniors and pets "Iodine is recognized by the medical community as a world-class disinfectant, however, in that current form it is not safe to consume," says Steven J. Phillips, MD, Chief Medical Officer, Terragenx Inc. "However, in a pure aqueous form - like Perfect Iodine - it is non-toxic and safe to ingest. This is not our first pandemic, nor will it be our last, iodine is a powerful tool in our war against the microbial world" Recommended in-take:Children (1-8 Y/O): 3-sprays per day under the tongue Adolescents (9-18 Y/O): 4 sprays per day under the tongue Adults & seniors: 5 sprays per day under the tongue Pregnant women: 7 sprays per day under the tonguePerfect Iodine dietary supplement produced in an FDA registered facility. "This last year has been a difficult one for everyone, however, this partnership with Terragenx Inc. and the launch of Perfect Iodine brings a lot of excitement and hope" added Ian Clark, CEO & Founder of Activation Products. "This is a must-have and will be the best support we can provide to consumers to help neutralize bacteria and viruses." The introduction of Activation Products' Perfect Iodine is the latest compliment to its collection of all-natural, organic, NON-GMO and vegan products and supplements. Media assets, here. About Activation ProductsActivation Products is a family-owned and proudly Canadian, health and wellness company located in Cobourg, Ontario. For 15 years, the Company has used the top ingredients sourced from around the world. Its highly specialized seed pressing technology allows for all of its production and manufacturing to be of the highest, premium quality. Its all-natural, organic and non-GMO products are available online. With a global reputation for the quality, purity and efficacy of its products, Activation Products is dedicated to providing consumers with 100% natural health solutions that will support whole body health and a longer, joyous life.For more information, visit www.activationproducts.comor join us on Facebookand Instagram.About TerragenxTerragenx Inc. is a Canadian company incorporated in 2017. Pure Micronized Aqueous Iodine Technologies are made possible with a unique iodine bottling facility and a new patented spray bottle to control and deliver accurate doses of pure micronized iodine for topical and oral applications. Terragenx markets, licenses and is establishing a global distribution network for its unique product lines of pure iodine and iodide. Founder, Terence Mullins is a self-trained iodine scientist/inventor and has been working with elemental iodine for over 30 years. Terry has numerous iodine method and device patents, some of which have been filed globally over the years and has undertaken many clinical studies both published and private. Terragenx USA is launching April 2021. www.terragenx.com SOURCE Activation Products (CAN) Inc Answer:
Activation Products in partnership with Terragenx Inc. makes Perfect Iodine available in the U.S
This unique delivery system of iodine has a faster absorption rate, is 9x more effective than a capsule and helps support a strong immune system.TORONTO, March 22, 2021 /PRNewswire/ -Terragenx Inc. has developed a unique production and delivery system that is 9x more effective than a capsule form, to deliver iodine. In partnership with Activation Products, Terragenx technologies have been utilized to produce Perfect Iodine, a 100% pure, natural oral spray. It is one of the first products to be manufactured in a pure and perfect form that is safe for ingestion. Iodine (iodide) is an essential micronutrient that your body requires daily to support your immune system health and function. Currently available for U.S. residents, it is 100% safe for all ages. Activation Products' Perfect Iodine (CNW Group/Activation Products (CAN) Inc) According to theWorld Health Organization (WHO)iodine (iodide) deficiency is a serious public health threat for 2 billion people worldwide. Yet, iodine is one of the world's leading defences against preventable mental impairment and some diseases. Iodine is a trace element that is an essential component to optimal health that is naturally present in some soils and seawater, some foods and added to some types of salt. Iodine... Deactivate's viruses and bacteria leaving recognizable materials for the immune system The immune system uses iodine to deactivate viruses in the bloodstream, which may facilitate the production of antibodies "Most people don't know how important iodine is to their immune system, let alone the general health benefits," Says Terry Mullins, CEO & founder of Terragenx and iodine scientist "To date, iodine technology developed over the 200 years, had benefits during that time for those applications. The technologies that are created at Terragenx, are the only 100% pure (and safe) iodine and iodide technology available to market." continues Mullins.Historically, there has been no delivery system technology that has been able to introduce iodine for immediate absorption. This first-of-its-kind oral spray formulation is produced with state-of-the-art equipment in Cobourg, Ontario (Canada) at Activation Products manufacturing facility. Why is this delivery system so unique? Sprays are 9x more effective than pills or gel caps as quoted in the Physicians Handbook Absorption is faster, and the body will naturally convert it into iodide supporting thyroid function Iodide is a fundamental building block in supporting connective tissue at a cellular level, cognitive development & function of the immune system Safe for the entire household adults, children, pregnant mothers, seniors and pets "Iodine is recognized by the medical community as a world-class disinfectant, however, in that current form it is not safe to consume," says Steven J. Phillips, MD, Chief Medical Officer, Terragenx Inc. "However, in a pure aqueous form - like Perfect Iodine - it is non-toxic and safe to ingest. This is not our first pandemic, nor will it be our last, iodine is a powerful tool in our war against the microbial world" Recommended in-take:Children (1-8 Y/O): 3-sprays per day under the tongue Adolescents (9-18 Y/O): 4 sprays per day under the tongue Adults & seniors: 5 sprays per day under the tongue Pregnant women: 7 sprays per day under the tonguePerfect Iodine dietary supplement produced in an FDA registered facility. "This last year has been a difficult one for everyone, however, this partnership with Terragenx Inc. and the launch of Perfect Iodine brings a lot of excitement and hope" added Ian Clark, CEO & Founder of Activation Products. "This is a must-have and will be the best support we can provide to consumers to help neutralize bacteria and viruses." The introduction of Activation Products' Perfect Iodine is the latest compliment to its collection of all-natural, organic, NON-GMO and vegan products and supplements. Media assets, here. About Activation ProductsActivation Products is a family-owned and proudly Canadian, health and wellness company located in Cobourg, Ontario. For 15 years, the Company has used the top ingredients sourced from around the world. Its highly specialized seed pressing technology allows for all of its production and manufacturing to be of the highest, premium quality. Its all-natural, organic and non-GMO products are available online. With a global reputation for the quality, purity and efficacy of its products, Activation Products is dedicated to providing consumers with 100% natural health solutions that will support whole body health and a longer, joyous life.For more information, visit www.activationproducts.comor join us on Facebookand Instagram.About TerragenxTerragenx Inc. is a Canadian company incorporated in 2017. Pure Micronized Aqueous Iodine Technologies are made possible with a unique iodine bottling facility and a new patented spray bottle to control and deliver accurate doses of pure micronized iodine for topical and oral applications. Terragenx markets, licenses and is establishing a global distribution network for its unique product lines of pure iodine and iodide. Founder, Terence Mullins is a self-trained iodine scientist/inventor and has been working with elemental iodine for over 30 years. Terry has numerous iodine method and device patents, some of which have been filed globally over the years and has undertaken many clinical studies both published and private. Terragenx USA is launching April 2021. www.terragenx.com SOURCE Activation Products (CAN) Inc
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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, N.M., Dec. 9, 2020 /PRNewswire/ --COVID-19 has driven every industry and organization to drastically improve the safety and health of their staff and customers. Virtually overnight, demand skyrocketed for an easy-to-use disinfectant sprayer, effective against such a pervasive virus. Continue Reading EMist EX-7000 TruElectrostatic Disinfectant Sprayer EMist's first-generation patented electrostatic sprayer technology was available, but a streamlined design and advanced manufacturability for mass production was desired. EMist chose Speck Design to collaborate on its second-generation product, the EX-7000 TruElectrostatic Disinfectant Sprayer, which was recently announced and is now market-ready. The EMist EX7000 Used within a myriad of industries, including aviation, education, facility management, government, healthcare, hospitality, retail, sports, and transportation, The EMist EX7000 is the world's most effective and lightweight electrostatic backpack disinfectant sprayer. Compact in size, and a mere 14.9 pounds fully loaded, the sprayer deposits an even application of disinfectant, increases spray coverage and lowers chemical and labor cost. It is the most compact high-performance electrostatic backpack sprayer on the market.Prior to COVID-19, most of the industries that now use an electronic spray for disinfection used a manual application process of liquid disinfectants with simply a spray bottle and wipes. Labor intensive, the manual method uses approximately 75% more chemicals compared with an electronic sprayer and is prone to human error.Speck DesignEMist selected Speck Design to provide mechanical and industrial design services for the EX7000. Teams from both companies worked closely together, resulting in the creation of a well-designed and easy-to-use sprayer that not only reflects EMist's brand value, but can be quickly and easily manufactured."The Speck Design team worked at breakneck speed to solve manufacturing issues and create a product design that reflected EMist's brand and values. The collaboration between the two teams was thorough and extremely productive," said Speck Design CEO Michael Sprauve. "This effort is a good example of how Speck Design delivers specific design and manufacturability expertise. We also provide a broad range of end-to-end design services, from initial concept, all the way to logistics and supply chain capabilities."About EMistHeadquartered in Fort Worth, Texas, EMist develops intelligent electrostatic disinfectant sprayers that make spaces healthier. During the Ebola pandemic, EMist provided its first electrostatic sprayers, playing a pivotal role in disinfection. That role has accelerated during the COVID-19 pandemic. For more information, visit EMist.About Speck DesignSpeck Design is a full-service product design firm that takes an integrated-team approach to deliver enhanced user experience combined with start-to-finish processes that ensure manufacturability. For more than 20 years, Speck Design has designed products and services for startups through large corporations, with a goal of delivering the best possible solution to market fast. For more information, visit Speck Design.Contact Information:Marketing: [emailprotected] Company: [emailprotected] Phone: 1 650 980 9860Related FilesFB_INSTA_Image.pngLinkedin_Graphic.pngRelated Imagesemist-ex-7000.jpg EMist EX-7000 EMist EX-7000 TruElectrostatic Disinfectant Sprayer SOURCE Speck Design Answer:
Speck Design and EMist Collaborate on COVID-Fighting Electrostatic Sprayer
SAN JOSE, N.M., Dec. 9, 2020 /PRNewswire/ --COVID-19 has driven every industry and organization to drastically improve the safety and health of their staff and customers. Virtually overnight, demand skyrocketed for an easy-to-use disinfectant sprayer, effective against such a pervasive virus. Continue Reading EMist EX-7000 TruElectrostatic Disinfectant Sprayer EMist's first-generation patented electrostatic sprayer technology was available, but a streamlined design and advanced manufacturability for mass production was desired. EMist chose Speck Design to collaborate on its second-generation product, the EX-7000 TruElectrostatic Disinfectant Sprayer, which was recently announced and is now market-ready. The EMist EX7000 Used within a myriad of industries, including aviation, education, facility management, government, healthcare, hospitality, retail, sports, and transportation, The EMist EX7000 is the world's most effective and lightweight electrostatic backpack disinfectant sprayer. Compact in size, and a mere 14.9 pounds fully loaded, the sprayer deposits an even application of disinfectant, increases spray coverage and lowers chemical and labor cost. It is the most compact high-performance electrostatic backpack sprayer on the market.Prior to COVID-19, most of the industries that now use an electronic spray for disinfection used a manual application process of liquid disinfectants with simply a spray bottle and wipes. Labor intensive, the manual method uses approximately 75% more chemicals compared with an electronic sprayer and is prone to human error.Speck DesignEMist selected Speck Design to provide mechanical and industrial design services for the EX7000. Teams from both companies worked closely together, resulting in the creation of a well-designed and easy-to-use sprayer that not only reflects EMist's brand value, but can be quickly and easily manufactured."The Speck Design team worked at breakneck speed to solve manufacturing issues and create a product design that reflected EMist's brand and values. The collaboration between the two teams was thorough and extremely productive," said Speck Design CEO Michael Sprauve. "This effort is a good example of how Speck Design delivers specific design and manufacturability expertise. We also provide a broad range of end-to-end design services, from initial concept, all the way to logistics and supply chain capabilities."About EMistHeadquartered in Fort Worth, Texas, EMist develops intelligent electrostatic disinfectant sprayers that make spaces healthier. During the Ebola pandemic, EMist provided its first electrostatic sprayers, playing a pivotal role in disinfection. That role has accelerated during the COVID-19 pandemic. For more information, visit EMist.About Speck DesignSpeck Design is a full-service product design firm that takes an integrated-team approach to deliver enhanced user experience combined with start-to-finish processes that ensure manufacturability. For more than 20 years, Speck Design has designed products and services for startups through large corporations, with a goal of delivering the best possible solution to market fast. For more information, visit Speck Design.Contact Information:Marketing: [emailprotected] Company: [emailprotected] Phone: 1 650 980 9860Related FilesFB_INSTA_Image.pngLinkedin_Graphic.pngRelated Imagesemist-ex-7000.jpg EMist EX-7000 EMist EX-7000 TruElectrostatic Disinfectant Sprayer SOURCE Speck Design
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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, April 2, 2020 /PRNewswire/ -- Essity's Annual General Meeting was held today at Stockholm Waterfront Congress Center in Stockholm, Sweden The Meeting approved the Parent Company income statement and balance sheet and the consolidated income statement and consolidated balance sheet for 2019. The Meeting resolved in accordance with the Board of Director's proposal to refrain from dividend for 2019. The Board of Directors has announced that it intends to revisit the issue of a dividend later in the year once a better overview has been obtained regarding the effects of the Covid-19 epidemic. The Meeting resolved on unchanged fees for the Board of Directors in accordance with the amended proposal of the Nomination Committee announced in a press release dated March 31, 2020. The Meeting also resolved in accordance with the Board of Director's proposal on guidelines for remuneration of senior executives. The Board of Directors and the CEO were granted discharge from liability for the 2019 fiscal year. Board members Ewa Bjrling, Pr Boman, Maija-Liisa Friman, Annemarie Gardshol, Magnus Groth, Bert Nordberg, Louise Svanberg, Lars Rebien Srensen and Barbara Milian Thoralfsson were re-elected. Pr Boman was re-elected Chairman of the Board. Ernst & Young AB was appointed the company's auditor for a mandate period until the end of the 2021 Annual General Meeting. The Meeting voted to approve the Board of Director's proposal regarding an amendment to the Articles of Association and the Nomination Committee's proposal concerning rules of procedure for the Nomination Committee. Minutes from the Annual General Meeting will be available on the company website, www.essity.com, within two weeks. A speech by President and CEO Magnus Groth is available on the company website www.essity.com. For further information, please contact: Per Lorentz, Vice President Corporate Communications,+46-8-788-52-51, [emailprotected] Johan Karlsson,Vice President Investor Relations,+46-8-788-51-30, [emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/essity/r/essity-s-2020-annual-general-meeting,c3079753 The following files are available for download: https://mb.cision.com/Main/15798/3079753/1223425.pdf Essitys 2020 Annual General Meeting SOURCE Essity Answer:
Essity's 2020 Annual General Meeting
STOCKHOLM, April 2, 2020 /PRNewswire/ -- Essity's Annual General Meeting was held today at Stockholm Waterfront Congress Center in Stockholm, Sweden The Meeting approved the Parent Company income statement and balance sheet and the consolidated income statement and consolidated balance sheet for 2019. The Meeting resolved in accordance with the Board of Director's proposal to refrain from dividend for 2019. The Board of Directors has announced that it intends to revisit the issue of a dividend later in the year once a better overview has been obtained regarding the effects of the Covid-19 epidemic. The Meeting resolved on unchanged fees for the Board of Directors in accordance with the amended proposal of the Nomination Committee announced in a press release dated March 31, 2020. The Meeting also resolved in accordance with the Board of Director's proposal on guidelines for remuneration of senior executives. The Board of Directors and the CEO were granted discharge from liability for the 2019 fiscal year. Board members Ewa Bjrling, Pr Boman, Maija-Liisa Friman, Annemarie Gardshol, Magnus Groth, Bert Nordberg, Louise Svanberg, Lars Rebien Srensen and Barbara Milian Thoralfsson were re-elected. Pr Boman was re-elected Chairman of the Board. Ernst & Young AB was appointed the company's auditor for a mandate period until the end of the 2021 Annual General Meeting. The Meeting voted to approve the Board of Director's proposal regarding an amendment to the Articles of Association and the Nomination Committee's proposal concerning rules of procedure for the Nomination Committee. Minutes from the Annual General Meeting will be available on the company website, www.essity.com, within two weeks. A speech by President and CEO Magnus Groth is available on the company website www.essity.com. For further information, please contact: Per Lorentz, Vice President Corporate Communications,+46-8-788-52-51, [emailprotected] Johan Karlsson,Vice President Investor Relations,+46-8-788-51-30, [emailprotected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/essity/r/essity-s-2020-annual-general-meeting,c3079753 The following files are available for download: https://mb.cision.com/Main/15798/3079753/1223425.pdf Essitys 2020 Annual General Meeting SOURCE Essity
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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 ORLEANS, April 8, 2020 /PRNewswire/ -- The board of directors of Entergy Corporation (NYSE: ETR) has approved a quarterly dividend payment of $0.93 per share on the company's common stock. The dividend is payable June 1, 2020, to shareholders of record as of May 7, 2020. Entergy has paid a common stock dividend to shareholders continuously since 1988. About Entergy Corporation Entergy Corporation (NYSE: ETR) is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and approximately 13,600 employees. entergy.com facebook.com/entergyTwitter: @Entergy SOURCE Entergy Corporation Related Links https://www.entergy.com Answer:
Entergy Announces Quarterly Dividend Payment to Shareholders
NEW ORLEANS, April 8, 2020 /PRNewswire/ -- The board of directors of Entergy Corporation (NYSE: ETR) has approved a quarterly dividend payment of $0.93 per share on the company's common stock. The dividend is payable June 1, 2020, to shareholders of record as of May 7, 2020. Entergy has paid a common stock dividend to shareholders continuously since 1988. About Entergy Corporation Entergy Corporation (NYSE: ETR) is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and approximately 13,600 employees. entergy.com facebook.com/entergyTwitter: @Entergy SOURCE Entergy Corporation Related Links https://www.entergy.com
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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: NEWPORT BEACH, Calif., & NASHVILLE, Tenn.--(BUSINESS WIRE)--Hoag Memorial Hospital Presbyterian and BehaVR today announced the launch of NurtureVR, a first-of-its-kind program for expectant mothers that uses virtual reality (VR) to augment prenatal education, pain management related to pregnancy, mindfulness, and support women through postpartum care. By combining accessible, immersive technology with compassionate, mindful care, NurtureVR brings innovation to support women as they journey through pregnancy and into motherhood. NurtureVR will be launched in a pilot program at Hoag next month and made broadly available to healthcare providers and health plans across the nation in November 2020. We are delighted to partner with BehaVR to create and bring NurtureVR to new and expectant mothers across the nation, said Allyson Brooks, M.D., the Ginny Ueberroth Executive Medical Director Endowed Chair of Hoag Womens Health Institute. This program was developed by women for women. It incorporates the insights of women who are pregnant or were recently pregnant to ensure that it meets needs that are as diverse as the experiences of pregnancy and early motherhood. NurtureVR is built upon decades of research into VRs ability to mitigate pain related to pregnancy, create experiential learning environments, reduce stress, and improve wellbeing. It is designed to be offered to women beginning in their third trimesters. Using VR headsets in their homes, women access 14 weeks worth of educational material, meditation capabilities and other immersive experiences, helping them with diverse topics including stress and pain management. 3D ultrasound images can be uploaded into the system to ensure personalized experiences. The program continues for an additional eight weeks after the baby is born with tools that cover issues such as maternal-baby bonding, partner intimacy, stress management, and hormonal and emotional changes. Hoag knows firsthand how beneficial VR technology can be in helping patients with pain management, patient education and mindfulness, said Robert Louis, M.D., Chief of Neurosurgery and the Empower360 Endowed Chair for Skull Base and Minimally Invasive Neurosurgery, Pickup Family Neurosciences Institute at Hoag. We have incorporated VR technology to assist surgeons with operations since 2015. NurtureVR combines our decades of caring for women and years of VR experience with the perspective and technology of BehaVR, which has allowed us to create a program that is unlike anything else were seeing in therapeutic VR or in womens health, he added. The idea of NurtureVR is that virtual reality can serve as a lifelong tool, something women can carry with them through the fourth trimester, that eight-week period after a baby is born, and beyond. We believe that women will be able to draw on the meditation, mindfulness, stress management and education they experienced through VR throughout their motherhood experience. VR works by engaging all four systems of learning in the brain: VR has already been proven as a highly effective tool for patient education, pain management and mental health and wellness, but we believe we have just scratched the surface of the value it can have in healthcare and on patients lives and experiences, said Pete Buecker, M.D., Chief Medical Officer of BehaVR. BehaVR is excited to partner with Hoag to bring NurtureVR to women as they journey through pregnancy and into early motherhood, and we look forward to exploring how this technology can continue to be expanded and refined to support new moms and their babies. The NurtureVR experience can be customized and individualized for each woman, allowing expectant mothers to experience different environments, sounds and visuals, based on their preferences and input. The individual journey is continuously refined and personalized with BehaVRs Dynamic Experience Engine. This includes everything from a mothers and babys skin tones, to the landscapes a woman sees, to the way a woman chooses to hold her baby while breastfeeding. We believe that VR is going to become standard for maternal education, pain management related to pregnancy, emotional health and support for the coming generation of parents, and we are pleased to be on the leading edge of this trend, said Dr. Brooks. We recognize that healthy moms lead to healthy babies, and VR is an exciting new tool to help get us there. I envision mothers developing a relationship with the VR experience that allows them to feel better about themselves, to reduce feelings of angst and confusion and to remind them to take care of themselves. About Hoag Memorial Hospital Presbyterian Hoag is a nonprofit, regional health care delivery network in Orange County, California, that treats more than 30,000 inpatients and 480,000 outpatients annually. Hoag consists of two acute-care hospitals Hoag Hospital Newport Beach, which opened in 1952, and Hoag Hospital Irvine, which opened in 2010 in addition to nine health centers and 13 urgent care centers. Hoag has invested $261 million in programs and services to support the underserved community within the past five years, including areas like mental health, homelessness, transportation for seniors, education, and support for single mothers. Hoag is a designated Magnet hospital by the American Nurses Credentialing Center (ANCC). Hoag offers a comprehensive blend of health care services that includes five institutes providing specialized services in the following areas: cancer, heart and vascular, neurosciences, womens health, and orthopedics through Hoags affiliate, Hoag Orthopedic Institute, which consists of an orthopedic hospital and four ambulatory surgical centers. Hoag has been named one of the Best Regional Hospitals in the 2019 - 2020 U.S. News & World Report. For an unprecedented 23 years, residents of Orange County have chosen Hoag as one of the countys best hospitals in a local newspaper survey. Visit www.hoag.org for more information. About BehaVR BehaVR is advancing health care access and delivery and improving patient outcomes and experiences through the pioneering use of virtual reality (VR), cloud computing, and machine learning. Founded by leading clinicians, healthcare veterans and technology innovators, BehaVR has a proprietary technology platform that enables a personalized and progressive treatment approach grounded in decades of neuroscience research and designed to educate, motivate, and activate individuals to make long-term, sustained improvements to their health. For more information, visit www.behavr.com. Answer:
Hoag and BehaVR Partner to Launch First-of-its-Kind Virtual Reality Program for Expectant Moms Based in neuroscience research, NurtureVR combines prenatal education, pain management, postpartum education and mindfulness in a unique program designed to support women through their third and fourth trimesters
NEWPORT BEACH, Calif., & NASHVILLE, Tenn.--(BUSINESS WIRE)--Hoag Memorial Hospital Presbyterian and BehaVR today announced the launch of NurtureVR, a first-of-its-kind program for expectant mothers that uses virtual reality (VR) to augment prenatal education, pain management related to pregnancy, mindfulness, and support women through postpartum care. By combining accessible, immersive technology with compassionate, mindful care, NurtureVR brings innovation to support women as they journey through pregnancy and into motherhood. NurtureVR will be launched in a pilot program at Hoag next month and made broadly available to healthcare providers and health plans across the nation in November 2020. We are delighted to partner with BehaVR to create and bring NurtureVR to new and expectant mothers across the nation, said Allyson Brooks, M.D., the Ginny Ueberroth Executive Medical Director Endowed Chair of Hoag Womens Health Institute. This program was developed by women for women. It incorporates the insights of women who are pregnant or were recently pregnant to ensure that it meets needs that are as diverse as the experiences of pregnancy and early motherhood. NurtureVR is built upon decades of research into VRs ability to mitigate pain related to pregnancy, create experiential learning environments, reduce stress, and improve wellbeing. It is designed to be offered to women beginning in their third trimesters. Using VR headsets in their homes, women access 14 weeks worth of educational material, meditation capabilities and other immersive experiences, helping them with diverse topics including stress and pain management. 3D ultrasound images can be uploaded into the system to ensure personalized experiences. The program continues for an additional eight weeks after the baby is born with tools that cover issues such as maternal-baby bonding, partner intimacy, stress management, and hormonal and emotional changes. Hoag knows firsthand how beneficial VR technology can be in helping patients with pain management, patient education and mindfulness, said Robert Louis, M.D., Chief of Neurosurgery and the Empower360 Endowed Chair for Skull Base and Minimally Invasive Neurosurgery, Pickup Family Neurosciences Institute at Hoag. We have incorporated VR technology to assist surgeons with operations since 2015. NurtureVR combines our decades of caring for women and years of VR experience with the perspective and technology of BehaVR, which has allowed us to create a program that is unlike anything else were seeing in therapeutic VR or in womens health, he added. The idea of NurtureVR is that virtual reality can serve as a lifelong tool, something women can carry with them through the fourth trimester, that eight-week period after a baby is born, and beyond. We believe that women will be able to draw on the meditation, mindfulness, stress management and education they experienced through VR throughout their motherhood experience. VR works by engaging all four systems of learning in the brain: VR has already been proven as a highly effective tool for patient education, pain management and mental health and wellness, but we believe we have just scratched the surface of the value it can have in healthcare and on patients lives and experiences, said Pete Buecker, M.D., Chief Medical Officer of BehaVR. BehaVR is excited to partner with Hoag to bring NurtureVR to women as they journey through pregnancy and into early motherhood, and we look forward to exploring how this technology can continue to be expanded and refined to support new moms and their babies. The NurtureVR experience can be customized and individualized for each woman, allowing expectant mothers to experience different environments, sounds and visuals, based on their preferences and input. The individual journey is continuously refined and personalized with BehaVRs Dynamic Experience Engine. This includes everything from a mothers and babys skin tones, to the landscapes a woman sees, to the way a woman chooses to hold her baby while breastfeeding. We believe that VR is going to become standard for maternal education, pain management related to pregnancy, emotional health and support for the coming generation of parents, and we are pleased to be on the leading edge of this trend, said Dr. Brooks. We recognize that healthy moms lead to healthy babies, and VR is an exciting new tool to help get us there. I envision mothers developing a relationship with the VR experience that allows them to feel better about themselves, to reduce feelings of angst and confusion and to remind them to take care of themselves. About Hoag Memorial Hospital Presbyterian Hoag is a nonprofit, regional health care delivery network in Orange County, California, that treats more than 30,000 inpatients and 480,000 outpatients annually. Hoag consists of two acute-care hospitals Hoag Hospital Newport Beach, which opened in 1952, and Hoag Hospital Irvine, which opened in 2010 in addition to nine health centers and 13 urgent care centers. Hoag has invested $261 million in programs and services to support the underserved community within the past five years, including areas like mental health, homelessness, transportation for seniors, education, and support for single mothers. Hoag is a designated Magnet hospital by the American Nurses Credentialing Center (ANCC). Hoag offers a comprehensive blend of health care services that includes five institutes providing specialized services in the following areas: cancer, heart and vascular, neurosciences, womens health, and orthopedics through Hoags affiliate, Hoag Orthopedic Institute, which consists of an orthopedic hospital and four ambulatory surgical centers. Hoag has been named one of the Best Regional Hospitals in the 2019 - 2020 U.S. News & World Report. For an unprecedented 23 years, residents of Orange County have chosen Hoag as one of the countys best hospitals in a local newspaper survey. Visit www.hoag.org for more information. About BehaVR BehaVR is advancing health care access and delivery and improving patient outcomes and experiences through the pioneering use of virtual reality (VR), cloud computing, and machine learning. Founded by leading clinicians, healthcare veterans and technology innovators, BehaVR has a proprietary technology platform that enables a personalized and progressive treatment approach grounded in decades of neuroscience research and designed to educate, motivate, and activate individuals to make long-term, sustained improvements to their health. For more information, visit www.behavr.com.
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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 CLARA, Calif.--(BUSINESS WIRE)--SoundHound Inc., the leading innovator of voice AI and conversational intelligence technologies, has announced the expansion of its Houndify Voice AI platform to 22 languagescovering a majority of the world's common languages. Now, developers employing Houndify can add conversational intelligence to their products and services for users across the globe. The company also announced plans to add over 100 languages and variations as part of its commitment to provide the most comprehensive voice AI solution to brands and users everywhere. As a global provider of advanced voice AI for automotive, telecom, hospitality, restaurants, financial services, and voice-enabled mobile apps, SoundHound Inc. has emerged as the preeminent independent provider of custom voice AI technology. The company is continually expanding its language library to support a growing list of international partners across a variety of industries. We've always been focused on providing a voice AI platform that allows our partners to speak the languages of their users, said Majid Emami, Co-founder & VP Engineering, SoundHound Inc. This announcement reinforces the growth of our language library, ready for any company looking for speech recognition with global reach. Houndify's unmatched accuracy and speed in voice recognition is the result of a combination of breakthrough Speech-to-Meaning and Deep Meaning Understanding technologies. Advancements in Automatic Speech Recognition (ASR) and Natural Language Understanding (NLU) enable the Houndify Voice AI platform to track speech in real-timeunderstanding the meaning even before the user has finished speaking and delivering the smartest voice experience possible. Were committed to our efforts in language expansion, including key ASR features such as long-form transcription and customized vocabularies, noted Keyvan Mohajer, Co-founder and CEO, SoundHound, Inc. Our ASR adds tremendous value and leveraging our breakthrough NLU provides endless possibilities. Global companies seeking to create omnichannel voice experiences can now access the majority of the languages their customers speak, including Spanish, Portuguese, French, Indian-accented English, German, Dutch, Italian, Korean, Japanese, Mandarin, Russian, Polish, Swedish, Arabic, Turkish, Hebrew, and more. Developers interested in exploring the Houndify platform can visit Houndify.com to register for a free account or visit our blog. About SoundHound Inc. At SoundHound Inc., we believe every brand should have a voice. As a leading innovator of conversational technologies, were trusted by companies around the globe, including Mercedes-Benz, Honda, Snapchat, Mastercard, and Deutsche Telekom. Houndify, our independent voice AI platform, allows developers to build custom voice assistants with a branded wake word for any product or service. Our proprietary Speech-to-Meaning engine delivers unprecedented speed and accuracy. Our mission: To enable humans to interact with the things around them like we interact with each otherby speaking naturally. www.soundhound.com Blog: voices.soundhound.com Answer:
SoundHound Inc. Announces the Expansion of Houndify Voice AI to 22 Languages The voice AI platform that powers Mercedes-Benz, Pandora, Snapchat, and more is now available in the world's most popular languages.
SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound Inc., the leading innovator of voice AI and conversational intelligence technologies, has announced the expansion of its Houndify Voice AI platform to 22 languagescovering a majority of the world's common languages. Now, developers employing Houndify can add conversational intelligence to their products and services for users across the globe. The company also announced plans to add over 100 languages and variations as part of its commitment to provide the most comprehensive voice AI solution to brands and users everywhere. As a global provider of advanced voice AI for automotive, telecom, hospitality, restaurants, financial services, and voice-enabled mobile apps, SoundHound Inc. has emerged as the preeminent independent provider of custom voice AI technology. The company is continually expanding its language library to support a growing list of international partners across a variety of industries. We've always been focused on providing a voice AI platform that allows our partners to speak the languages of their users, said Majid Emami, Co-founder & VP Engineering, SoundHound Inc. This announcement reinforces the growth of our language library, ready for any company looking for speech recognition with global reach. Houndify's unmatched accuracy and speed in voice recognition is the result of a combination of breakthrough Speech-to-Meaning and Deep Meaning Understanding technologies. Advancements in Automatic Speech Recognition (ASR) and Natural Language Understanding (NLU) enable the Houndify Voice AI platform to track speech in real-timeunderstanding the meaning even before the user has finished speaking and delivering the smartest voice experience possible. Were committed to our efforts in language expansion, including key ASR features such as long-form transcription and customized vocabularies, noted Keyvan Mohajer, Co-founder and CEO, SoundHound, Inc. Our ASR adds tremendous value and leveraging our breakthrough NLU provides endless possibilities. Global companies seeking to create omnichannel voice experiences can now access the majority of the languages their customers speak, including Spanish, Portuguese, French, Indian-accented English, German, Dutch, Italian, Korean, Japanese, Mandarin, Russian, Polish, Swedish, Arabic, Turkish, Hebrew, and more. Developers interested in exploring the Houndify platform can visit Houndify.com to register for a free account or visit our blog. About SoundHound Inc. At SoundHound Inc., we believe every brand should have a voice. As a leading innovator of conversational technologies, were trusted by companies around the globe, including Mercedes-Benz, Honda, Snapchat, Mastercard, and Deutsche Telekom. Houndify, our independent voice AI platform, allows developers to build custom voice assistants with a branded wake word for any product or service. Our proprietary Speech-to-Meaning engine delivers unprecedented speed and accuracy. Our mission: To enable humans to interact with the things around them like we interact with each otherby speaking naturally. www.soundhound.com Blog: voices.soundhound.com
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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: SINGAPORE & SAN DIEGO--(BUSINESS WIRE)--ImmunoScape, a biotech company with an immunomics-based technology platform that provides novel insights into the human immune system, today announced the formation of its Scientific Advisory Board (SAB). The SAB is composed of leading scientists in immunology and oncology who will help to guide ImmunoScapes scientific strategy. ImmunoScapes Deep Immunomics platform enables the characterization of a patients immunome at ultra-high resolution. This technology reveals the immune system in action by directly observing the modulation of phenotype, function, and specificity of individual immune cells, at scale and over time. These insights can be provided to leading biopharma and academic partners to aid drug development efforts within multiple therapeutic areas, including immuno-oncology, infectious disease, and autoimmune disease. The founding members of the SAB bring substantial scientific insight and expertise to assist the company. The founding members of the SAB include: To form this scientific advisory board, we brought together key thought leaders within immunology, across academia and industry alike, said Michael Fehlings, Ph.D., Director of Scientific Affairs at ImmunoScape. All of their careers have centered around developing next generation immunotherapies by gaining a greater understanding of immune cell function and responses. Their work has paved the way for ImmunoScapes technology to have a greater impact, and their guidance will be invaluable as we look to further our development and commercialization efforts. The future of immunotherapy development depends upon an enhanced ability to observe and analyze the T cell immune response at high resolution, said Phil Greenberg, MD. ImmunoScapes platform represents a leap forward in this capability, rapidly providing insights into reasons for success or failure, and therefore has profound implications for this entire field of medicine. I am delighted to work with the SAB and with the companys senior scientists in further advancing this technology. To learn more about ImmunoScapes scientific advisory board and its technology, please visit https://immunoscape.com/. About ImmunoScape ImmunoScape is an immunomics-focused company with a technology platform that allows for immune profiling and characterization of the human immune response at extremely high resolution. The company's Deep Immunomics platform combines mass cytometry, single cell sequencing, and proprietary computational bioinformatics, data analysis, and visualization tools to provide novel, reproducible immune profiling information. This technology has been utilized across multiple therapeutic areas, especially in oncology and infectious disease, both to better understand immunotherapy safety and efficacy and to identify drug targets. For more information, please visit https://immunoscape.com/. Answer:
ImmunoScape Establishes Scientific Advisory Board of Distinguished Immunology Experts World-class scientists and physicians from Fred Hutchinson Cancer Research Center, St. Jude Childrens Research Hospital, Massachusetts General Hospital and Harvard Medical School, will provide unique research perspectives and strategic direction
SINGAPORE & SAN DIEGO--(BUSINESS WIRE)--ImmunoScape, a biotech company with an immunomics-based technology platform that provides novel insights into the human immune system, today announced the formation of its Scientific Advisory Board (SAB). The SAB is composed of leading scientists in immunology and oncology who will help to guide ImmunoScapes scientific strategy. ImmunoScapes Deep Immunomics platform enables the characterization of a patients immunome at ultra-high resolution. This technology reveals the immune system in action by directly observing the modulation of phenotype, function, and specificity of individual immune cells, at scale and over time. These insights can be provided to leading biopharma and academic partners to aid drug development efforts within multiple therapeutic areas, including immuno-oncology, infectious disease, and autoimmune disease. The founding members of the SAB bring substantial scientific insight and expertise to assist the company. The founding members of the SAB include: To form this scientific advisory board, we brought together key thought leaders within immunology, across academia and industry alike, said Michael Fehlings, Ph.D., Director of Scientific Affairs at ImmunoScape. All of their careers have centered around developing next generation immunotherapies by gaining a greater understanding of immune cell function and responses. Their work has paved the way for ImmunoScapes technology to have a greater impact, and their guidance will be invaluable as we look to further our development and commercialization efforts. The future of immunotherapy development depends upon an enhanced ability to observe and analyze the T cell immune response at high resolution, said Phil Greenberg, MD. ImmunoScapes platform represents a leap forward in this capability, rapidly providing insights into reasons for success or failure, and therefore has profound implications for this entire field of medicine. I am delighted to work with the SAB and with the companys senior scientists in further advancing this technology. To learn more about ImmunoScapes scientific advisory board and its technology, please visit https://immunoscape.com/. About ImmunoScape ImmunoScape is an immunomics-focused company with a technology platform that allows for immune profiling and characterization of the human immune response at extremely high resolution. The company's Deep Immunomics platform combines mass cytometry, single cell sequencing, and proprietary computational bioinformatics, data analysis, and visualization tools to provide novel, reproducible immune profiling information. This technology has been utilized across multiple therapeutic areas, especially in oncology and infectious disease, both to better understand immunotherapy safety and efficacy and to identify drug targets. For more information, please visit https://immunoscape.com/.
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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: SEOUL, South Korea, March 19, 2020 /PRNewswire/ --ProtoPie (protopie.io), the award-winning prototyping software, has expanded its Series A with $6.3 million in additional funding from new investors, including its first Silicon Valley VC, Vela Partners. This excitement follows the rapid growth of the company in the last 18 months that was fueled by early seed investment from Samsung Venture Investment. Today's investment round will accelerate the growth of ProtoPie in North America, the fastest-growing market for its leading software. This round brings ProtoPie's total venture capital funding to date to $9.9M. Vela Partners describes themselves as a "tech-enabled investment firm", and their leadership team is comprised of various former Googlers from the cloud division. It was through the network of Ex-Googlers that Vela Partners and ProtoPie were introduced. Yigit Ihlamur, Partner at Vela, will be working closely with ProtoPie's executive leadership as a strategic advisor, and voiced his enthusiasm, "at Vela, we use a proprietary, deep-learning tool to discover and evaluate potential investment opportunities. Once ProtoPie was on our watchlist, our AI-powered, in-house software highlighted their mounting success metrics and even greater potential. The design community is demanding ever more powerful prototyping tools, especially for mobile and connected device prototyping, and ProtoPie is not just leading that category, they are defining a brand new one. The growing success of their pioneering software, with over 100,000 global paid users, speaks for itself. But ProtoPie users also can't stop talking about it. It's incredible how much love they show for the company on Twitter. Those metrics say a lot about ProtoPie, but it was meeting the team and working with them personally that made me so confident in their future. Rarely have I seen a team so engaged, hard-working and willing to experiment. Prototyping isn't just their product; it's clearly also their philosophy. They have achieved so much with only $3.5M in seed funding, which is tremendous proof of the dedication of their team and the value of their product. We are very fortunate to be able to participate in this oversubscribed round and join ProtoPie's meteoric rise." Based in Seoul and staffed with top talent from the Korean tech hub, ProtoPie has quickly grown to prominence, with its collaborative software already becoming a staple at leading design firms including Google, Microsoft, HBO, BMW, Samsung, GoPro, as well as Verizon, Nintendo, ASOS and other companies worldwide. They rely on the software to efficiently and effectively explore new ideas and realize new design innovations in consumer tech, IoT experiences and even manufacturing processes, where ProtoPie is the undisputed industry leader. The rapid growth of ProtoPie over the last two years comes as a result of its user-first approach to software development, which has seen rapid improvement and responsive updates to better tailor the tools for the world's top design teams. As a result, ProtoPie has defined a new market and become an integral tool for the high-speed workflows of today's design pioneers. Tony Kim, Co-founder & CEO of ProtoPie, shared in an all-staff email, "Today's news is a testament to the quality of our product and the strength of our team. Demand for ProtoPie is growing rapidly worldwide, and this significant new funding will fuel us for the next wave of growth as we expand our operations in North America and prepare for the IoT boom that we're uniquely poised to fuel. Beyond the finances, this investment from Vela Partners is also an investment of strategic guidance and invaluable support. I am incredibly proud of everything we have accomplished to date, and even more excited about the future we are building together." Vela Partners first worked with ProtoPie in a pure advisory role, offering guidance to prepare the tech firm for a then-upcoming investment round. However, after learning more about the software, witnessing the overwhelming positivity from users, seeing the burgeoning new category that ProtoPie is clearly leading and feeling the dedication and expertise of the team, they couldn't afford to miss the opportunity of joining the round as well. ProtoPie will deploy the funds to establish its North American headquarters, accelerate customer acquisition and explore key strategic partnerships in the Bay Area. ProtoPie is already in the process of scaling up its design and sales teams. About ProtoPie ProtoPie is the most intuitive tool used to turn UI/UX design ideas into highly interactive prototypes for mobile, desktop, web, all the way to IoT. The software supports individuals and teams to ideate, iterate and innovate faster, overcoming today's challenges to design and realize tomorrow's best digital products. Press Contact Fredo Tan | [emailprotected] | +82 10 4389 7891 Related Links Company Website Wikipedia SOURCE ProtoPie Related Links https://www.protopie.io Answer:
ProtoPie Expands Series A Round With $6.3M in Additional Funding, Including First Silicon Valley-Based Investor, AI-Enabled VC Firm, Vela Partners
SEOUL, South Korea, March 19, 2020 /PRNewswire/ --ProtoPie (protopie.io), the award-winning prototyping software, has expanded its Series A with $6.3 million in additional funding from new investors, including its first Silicon Valley VC, Vela Partners. This excitement follows the rapid growth of the company in the last 18 months that was fueled by early seed investment from Samsung Venture Investment. Today's investment round will accelerate the growth of ProtoPie in North America, the fastest-growing market for its leading software. This round brings ProtoPie's total venture capital funding to date to $9.9M. Vela Partners describes themselves as a "tech-enabled investment firm", and their leadership team is comprised of various former Googlers from the cloud division. It was through the network of Ex-Googlers that Vela Partners and ProtoPie were introduced. Yigit Ihlamur, Partner at Vela, will be working closely with ProtoPie's executive leadership as a strategic advisor, and voiced his enthusiasm, "at Vela, we use a proprietary, deep-learning tool to discover and evaluate potential investment opportunities. Once ProtoPie was on our watchlist, our AI-powered, in-house software highlighted their mounting success metrics and even greater potential. The design community is demanding ever more powerful prototyping tools, especially for mobile and connected device prototyping, and ProtoPie is not just leading that category, they are defining a brand new one. The growing success of their pioneering software, with over 100,000 global paid users, speaks for itself. But ProtoPie users also can't stop talking about it. It's incredible how much love they show for the company on Twitter. Those metrics say a lot about ProtoPie, but it was meeting the team and working with them personally that made me so confident in their future. Rarely have I seen a team so engaged, hard-working and willing to experiment. Prototyping isn't just their product; it's clearly also their philosophy. They have achieved so much with only $3.5M in seed funding, which is tremendous proof of the dedication of their team and the value of their product. We are very fortunate to be able to participate in this oversubscribed round and join ProtoPie's meteoric rise." Based in Seoul and staffed with top talent from the Korean tech hub, ProtoPie has quickly grown to prominence, with its collaborative software already becoming a staple at leading design firms including Google, Microsoft, HBO, BMW, Samsung, GoPro, as well as Verizon, Nintendo, ASOS and other companies worldwide. They rely on the software to efficiently and effectively explore new ideas and realize new design innovations in consumer tech, IoT experiences and even manufacturing processes, where ProtoPie is the undisputed industry leader. The rapid growth of ProtoPie over the last two years comes as a result of its user-first approach to software development, which has seen rapid improvement and responsive updates to better tailor the tools for the world's top design teams. As a result, ProtoPie has defined a new market and become an integral tool for the high-speed workflows of today's design pioneers. Tony Kim, Co-founder & CEO of ProtoPie, shared in an all-staff email, "Today's news is a testament to the quality of our product and the strength of our team. Demand for ProtoPie is growing rapidly worldwide, and this significant new funding will fuel us for the next wave of growth as we expand our operations in North America and prepare for the IoT boom that we're uniquely poised to fuel. Beyond the finances, this investment from Vela Partners is also an investment of strategic guidance and invaluable support. I am incredibly proud of everything we have accomplished to date, and even more excited about the future we are building together." Vela Partners first worked with ProtoPie in a pure advisory role, offering guidance to prepare the tech firm for a then-upcoming investment round. However, after learning more about the software, witnessing the overwhelming positivity from users, seeing the burgeoning new category that ProtoPie is clearly leading and feeling the dedication and expertise of the team, they couldn't afford to miss the opportunity of joining the round as well. ProtoPie will deploy the funds to establish its North American headquarters, accelerate customer acquisition and explore key strategic partnerships in the Bay Area. ProtoPie is already in the process of scaling up its design and sales teams. About ProtoPie ProtoPie is the most intuitive tool used to turn UI/UX design ideas into highly interactive prototypes for mobile, desktop, web, all the way to IoT. The software supports individuals and teams to ideate, iterate and innovate faster, overcoming today's challenges to design and realize tomorrow's best digital products. Press Contact Fredo Tan | [emailprotected] | +82 10 4389 7891 Related Links Company Website Wikipedia SOURCE ProtoPie Related Links https://www.protopie.io
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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, May 1, 2020 /PRNewswire/ --Hospital patient volumes dropped dramatically and quickly since the end of February as both patients and doctors reprioritized or delayed normal services. According to data gathered by the Crowe Revenue Cycle Analytics (Crowe RCA) software, with the exception of those in New York City and San Francisco, health systems across the United States experienced an average decline in patient volume of 56% between March 1, 2020, and April 15, 2020. This equates to an estimated national decline of $1.44 billion in net revenue per day for hospitals with more than 100 beds. The Crowe report, "Hospital Volumes Hit Unprecedented Lows," looked further into this topic. Crowe is a public accounting, consulting and technology firm with offices around the world. The Crowe RCA solution captures every patient transaction for nearly 1,500 hospitals and more than 100,000 physicians nationally for purposes of automating hindsight, accounts receivable valuation and net revenue analyses. Within its benchmarking database, Crowe analyzed a portfolio including 45 states and comprising 707 hospitals within Medicaid-expansion states and 445 hospitals in non-expansion states, as of 2019. Crowe combines financial transaction information with 835/837 account-level data to produce comparative metrics. "Hospitals and governments prepared for a surge in patient volume to treat those infected with the novel coronavirus," said Brian Sanderson, managing principal of healthcare services at Crowe. "However, any possible surges that might have been expected due to COVID-19 patient volume appear to be dramatically offset by a significant decline in volume in all other areas." According to the report, in a sample of hospitals in San Francisco, one of the earliest cities impacted by the pandemic, outpatient volume increased 35% over a two-week period, and inpatient volume increased 21% during the same period (versus historical volumes) and then dramatically decreased.Nationally, the service mix impact is particularly remarkable. Currently, inpatient admissions are running more than 30% below norms (compared to January 2020). Emergency room visits are down 40%. Observation services are down 47%. Outpatient ancillary services are down 62%. And outpatient surgery volume is down 71%.The report also shares findings from a few states. Although California has seen some hot spots of COVID-19 activity, overall patient volume is down 50%. Florida has seen overall patient volume drop 47%. Texas has seen overall patient volume drop 56%. And in Illinois, which has not yet seen the predicted surges of COVID-19 hospital care, overall patient volume is 59% below norms driven by a 76% reduction in outpatient surgeries.According to Sanderson, each hospital's revenue recovery program likely will be unique, but all will need to address the following operational and clinical challenges: The average hospital will need to run at 110% of previous capacity for six months straight to recover this lost patient volume. Pent-up demand for elective surgeries will require prioritization to make determinations such as whether clinically critical or highest-efficiency procedures should come first, and which specialties will retain operating room block time. Furloughed employees might not all return or all return at once, despite the need for higher throughput. Several revenue cycle processes have changed due to temporarily relieved requirements for authorizations, copay forgiveness and new rules regarding charge capture and telehealth. Many patients will be hesitant to return to clinical settings unless reassured that the environment is free from contagious elements. "In many ways, America's hospitals are and will remain ground zero for the COVID-19 crisis," said Sanderson. "Despite government monetary relief and supply assistance, the economic effects of March and April 2020 will affect the operations of our healthcare system long after the curve flattens or dissipates." To download a copy of the report, please visit Hospital Volumes Hit Unprecedented Lows.About Crowe Revenue Cycle Analytics (Crowe RCA) benchmarking data Nearly 1,500 hospitals and more than 100,000 physicians use the Crowe RCA solution to capture every patient transaction for purposes of automating hindsight, accounts receivable valuation and net revenue analyses. The benchmarking database spans 45 states and comprises 707 hospitals within Medicaid expansion states and 445 hospitals in non-expansion states as of 2019. About Crowe Crowe LLP is a public accounting, consulting and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory and consulting services. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.SOURCE Crowe LLP Related Links http://www.crowe.com Answer:
Data shows U.S. hospitals are losing $1.4B in daily revenue, due to patient volume decline Crowe hospital data analysis examines the financial impact of COVID-19
CHICAGO, May 1, 2020 /PRNewswire/ --Hospital patient volumes dropped dramatically and quickly since the end of February as both patients and doctors reprioritized or delayed normal services. According to data gathered by the Crowe Revenue Cycle Analytics (Crowe RCA) software, with the exception of those in New York City and San Francisco, health systems across the United States experienced an average decline in patient volume of 56% between March 1, 2020, and April 15, 2020. This equates to an estimated national decline of $1.44 billion in net revenue per day for hospitals with more than 100 beds. The Crowe report, "Hospital Volumes Hit Unprecedented Lows," looked further into this topic. Crowe is a public accounting, consulting and technology firm with offices around the world. The Crowe RCA solution captures every patient transaction for nearly 1,500 hospitals and more than 100,000 physicians nationally for purposes of automating hindsight, accounts receivable valuation and net revenue analyses. Within its benchmarking database, Crowe analyzed a portfolio including 45 states and comprising 707 hospitals within Medicaid-expansion states and 445 hospitals in non-expansion states, as of 2019. Crowe combines financial transaction information with 835/837 account-level data to produce comparative metrics. "Hospitals and governments prepared for a surge in patient volume to treat those infected with the novel coronavirus," said Brian Sanderson, managing principal of healthcare services at Crowe. "However, any possible surges that might have been expected due to COVID-19 patient volume appear to be dramatically offset by a significant decline in volume in all other areas." According to the report, in a sample of hospitals in San Francisco, one of the earliest cities impacted by the pandemic, outpatient volume increased 35% over a two-week period, and inpatient volume increased 21% during the same period (versus historical volumes) and then dramatically decreased.Nationally, the service mix impact is particularly remarkable. Currently, inpatient admissions are running more than 30% below norms (compared to January 2020). Emergency room visits are down 40%. Observation services are down 47%. Outpatient ancillary services are down 62%. And outpatient surgery volume is down 71%.The report also shares findings from a few states. Although California has seen some hot spots of COVID-19 activity, overall patient volume is down 50%. Florida has seen overall patient volume drop 47%. Texas has seen overall patient volume drop 56%. And in Illinois, which has not yet seen the predicted surges of COVID-19 hospital care, overall patient volume is 59% below norms driven by a 76% reduction in outpatient surgeries.According to Sanderson, each hospital's revenue recovery program likely will be unique, but all will need to address the following operational and clinical challenges: The average hospital will need to run at 110% of previous capacity for six months straight to recover this lost patient volume. Pent-up demand for elective surgeries will require prioritization to make determinations such as whether clinically critical or highest-efficiency procedures should come first, and which specialties will retain operating room block time. Furloughed employees might not all return or all return at once, despite the need for higher throughput. Several revenue cycle processes have changed due to temporarily relieved requirements for authorizations, copay forgiveness and new rules regarding charge capture and telehealth. Many patients will be hesitant to return to clinical settings unless reassured that the environment is free from contagious elements. "In many ways, America's hospitals are and will remain ground zero for the COVID-19 crisis," said Sanderson. "Despite government monetary relief and supply assistance, the economic effects of March and April 2020 will affect the operations of our healthcare system long after the curve flattens or dissipates." To download a copy of the report, please visit Hospital Volumes Hit Unprecedented Lows.About Crowe Revenue Cycle Analytics (Crowe RCA) benchmarking data Nearly 1,500 hospitals and more than 100,000 physicians use the Crowe RCA solution to capture every patient transaction for purposes of automating hindsight, accounts receivable valuation and net revenue analyses. The benchmarking database spans 45 states and comprises 707 hospitals within Medicaid expansion states and 445 hospitals in non-expansion states as of 2019. About Crowe Crowe LLP is a public accounting, consulting and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory and consulting services. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.SOURCE Crowe LLP Related Links http://www.crowe.com
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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. 14, 2020 /PRNewswire/ -- 2020 has been the year full of surprises. Now Smirnoff ICE has one more surprise that we think is pretty nice.Just in time for all of your last-minute holiday gifting needs, Smirnoff ICE has once again teamed up with premium imported home goods brand, Cremsiffino, to create a new line of limited-edition NICELY Gifted Puzzles featuring three festive designs that pack an unexpected surprise. Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8828251-smirnoff-ice-cremsiffino-nicely-gifted-puzzles/ Continue Reading SMIRNOFF x NICELY GIFTED PUZZLE LAUNCH VIDEO Cat Puzzle Festive Cat Guaranteed to excite anyone 21 and older on your gifting list this year, the NICELY Gifted puzzles collection offers several captivating scenes for giftees to choose from including - a festive cat for the cat-lover on your list, a happy snowman for those who embrace the magic of the holidays, and a starry night for those whose holiday spirit knows no bounds. Whether you're swapping presents with friends, attending a virtual family white elephant party or looking for something to send your work colleague from afar -- this is a gift that everyone will want to give and receive! Why? Because these puzzles aren't just any puzzles, they come with a hidden message. Or rather, a hidden bottle as the holiday puzzle starts taking shape they'll soon see that it actually includes the image of a bottle of Smirnoff ICE that wasn't featured on the box (gasp!), and who (of legal drinking age) doesn't want to be reminded of their favorite beverage this holiday season? Even better -- once giftees crack the puzzle, they'll be treated to a $5 offer from ecommerce platform Drizly, redeemable for new users until December 31st* which we hope they use to order a bottle of Smirnoff ICE to their doorstep. Can you think of a better holiday gift? . We'll waitdidn't think so."While the holidays may look and feel different this year, we wanted to bring Smirnoff ICE fans some levity. And as a brand known for surprising fans with unexpected gifts and experiences, we wanted to deliver it in a way only Smirnoff ICE could," saidKrista Kiisk, Brand Director, Smirnoff. "When you look at cultural activities that have provided entertainment during this year, puzzles are at the top of the list. We took that and ran with it to create a Smirnoff ICE spin on puzzles that bring-out some playful holiday cheer, while helping friends and family connect, even from afar."Beginning today, Smirnoff ICE fans 21 and older can visit nicelygifted.com to purchase their very own Smirnoff NICELY Gifted Puzzles. Act fast! As if these mischievous holiday surprises weren't already exciting enough, the first 200 puzzles will be sold at a discounted rate of just $1 plus shipping. Quantities are limited and only available while supplies last. And, just in case you miss the $1 promo, we've got ya' coveredthe remainder of our puzzles will still be available for purchase at a retail price of $21 plus shipping in honor of 2021.This marks the second year that Smirnoff ICE has offered last-minute e-shoppers a steal with a surprising twist for their 21+ friends and family. In December of last year, Smirnoff Ice created the fictional Cremsiffino luxury brand, which is actually an anagram for Smirnoff Ice, helping consumers gift the unexpected with a bottle of Smirnoff ICE disguised as luxury at-home appliances. If puzzles aren't for you, no worries Smirnoff has something for everyone this holiday season with a range of festive holiday cocktails and products available to check out at Smirnoff.com including limited edition Smirnoff Peppermint Twist flavored spirit with specialty "scratch and sniff" packaging. Whether you're planning to celebrate at-home in your sweats or on-screen in your bathrobe, please be sure to drink responsibly and stay safe this holiday season.* Courtesy of Drizly. New Drizly users only. Must be 21+. Cannot be combined with any other offer. Per applicable law, value may be applied towards order total or shipping or delivery fees. Includes orders of non-alcoholic items. Void where prohibited. Expires on 12/31/2020 at 11:59 EDT.About SmirnoffThe Smirnoff portfolio offers a variety of options across vodka and flavored malt beverages. Current offerings include the world's number-one selling Smirnoff No. 21 Vodka, the top-selling line of flavors in North America, the Smirnoff Zero Sugar Infusions line, and ready-to-serve flavored malt beverages including Smirnoff Seltzer, Smirnoff Ice and Smirnoff Ice Smash.From culturally relevant limited editions to new innovations and zero sugar offerings, Smirnoff has always been known for quality and affordability, and prides itself on having something for everyone.The Smirnoff brand traces its vodka heritage back to 19th century Russia and is now enjoyed in over 130 countries worldwide.Visit www.smirnoff.com for more information, or follow us on Instagram, Twitter, Pinterest and Facebook. Please drink responsibly.About DIAGEODiageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Croc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness. Diageo is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE) and our products are sold in more than 180 countries around the world. For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.Follow us on Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.Celebrating life, every day, everywhere.MEDIA CONTACTS:Taylor PR [emailprotected] 212-714-5723Nicole AnastasiDIAGEO[emailprotected]704-796-9992SOURCE Smirnoff Answer:
Smirnoff ICE and Luxury Home Goods Brand Cremsiffino are Back with a Last Minute Holiday Gift Idea for Everyone on Your Nice List: Smirnoff NICELY Gifted Puzzles From festive felines to starry nights to frosty snowmen, these puzzles are the NICEst gift you can give this holiday season, guaranteed to put a smile on anyone's face 21 years and older!
NEW YORK, Dec. 14, 2020 /PRNewswire/ -- 2020 has been the year full of surprises. Now Smirnoff ICE has one more surprise that we think is pretty nice.Just in time for all of your last-minute holiday gifting needs, Smirnoff ICE has once again teamed up with premium imported home goods brand, Cremsiffino, to create a new line of limited-edition NICELY Gifted Puzzles featuring three festive designs that pack an unexpected surprise. Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8828251-smirnoff-ice-cremsiffino-nicely-gifted-puzzles/ Continue Reading SMIRNOFF x NICELY GIFTED PUZZLE LAUNCH VIDEO Cat Puzzle Festive Cat Guaranteed to excite anyone 21 and older on your gifting list this year, the NICELY Gifted puzzles collection offers several captivating scenes for giftees to choose from including - a festive cat for the cat-lover on your list, a happy snowman for those who embrace the magic of the holidays, and a starry night for those whose holiday spirit knows no bounds. Whether you're swapping presents with friends, attending a virtual family white elephant party or looking for something to send your work colleague from afar -- this is a gift that everyone will want to give and receive! Why? Because these puzzles aren't just any puzzles, they come with a hidden message. Or rather, a hidden bottle as the holiday puzzle starts taking shape they'll soon see that it actually includes the image of a bottle of Smirnoff ICE that wasn't featured on the box (gasp!), and who (of legal drinking age) doesn't want to be reminded of their favorite beverage this holiday season? Even better -- once giftees crack the puzzle, they'll be treated to a $5 offer from ecommerce platform Drizly, redeemable for new users until December 31st* which we hope they use to order a bottle of Smirnoff ICE to their doorstep. Can you think of a better holiday gift? . We'll waitdidn't think so."While the holidays may look and feel different this year, we wanted to bring Smirnoff ICE fans some levity. And as a brand known for surprising fans with unexpected gifts and experiences, we wanted to deliver it in a way only Smirnoff ICE could," saidKrista Kiisk, Brand Director, Smirnoff. "When you look at cultural activities that have provided entertainment during this year, puzzles are at the top of the list. We took that and ran with it to create a Smirnoff ICE spin on puzzles that bring-out some playful holiday cheer, while helping friends and family connect, even from afar."Beginning today, Smirnoff ICE fans 21 and older can visit nicelygifted.com to purchase their very own Smirnoff NICELY Gifted Puzzles. Act fast! As if these mischievous holiday surprises weren't already exciting enough, the first 200 puzzles will be sold at a discounted rate of just $1 plus shipping. Quantities are limited and only available while supplies last. And, just in case you miss the $1 promo, we've got ya' coveredthe remainder of our puzzles will still be available for purchase at a retail price of $21 plus shipping in honor of 2021.This marks the second year that Smirnoff ICE has offered last-minute e-shoppers a steal with a surprising twist for their 21+ friends and family. In December of last year, Smirnoff Ice created the fictional Cremsiffino luxury brand, which is actually an anagram for Smirnoff Ice, helping consumers gift the unexpected with a bottle of Smirnoff ICE disguised as luxury at-home appliances. If puzzles aren't for you, no worries Smirnoff has something for everyone this holiday season with a range of festive holiday cocktails and products available to check out at Smirnoff.com including limited edition Smirnoff Peppermint Twist flavored spirit with specialty "scratch and sniff" packaging. Whether you're planning to celebrate at-home in your sweats or on-screen in your bathrobe, please be sure to drink responsibly and stay safe this holiday season.* Courtesy of Drizly. New Drizly users only. Must be 21+. Cannot be combined with any other offer. Per applicable law, value may be applied towards order total or shipping or delivery fees. Includes orders of non-alcoholic items. Void where prohibited. Expires on 12/31/2020 at 11:59 EDT.About SmirnoffThe Smirnoff portfolio offers a variety of options across vodka and flavored malt beverages. Current offerings include the world's number-one selling Smirnoff No. 21 Vodka, the top-selling line of flavors in North America, the Smirnoff Zero Sugar Infusions line, and ready-to-serve flavored malt beverages including Smirnoff Seltzer, Smirnoff Ice and Smirnoff Ice Smash.From culturally relevant limited editions to new innovations and zero sugar offerings, Smirnoff has always been known for quality and affordability, and prides itself on having something for everyone.The Smirnoff brand traces its vodka heritage back to 19th century Russia and is now enjoyed in over 130 countries worldwide.Visit www.smirnoff.com for more information, or follow us on Instagram, Twitter, Pinterest and Facebook. Please drink responsibly.About DIAGEODiageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Croc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness. Diageo is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE) and our products are sold in more than 180 countries around the world. For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.Follow us on Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.Celebrating life, every day, everywhere.MEDIA CONTACTS:Taylor PR [emailprotected] 212-714-5723Nicole AnastasiDIAGEO[emailprotected]704-796-9992SOURCE Smirnoff
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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, Feb. 16, 2021 /PRNewswire/ --WeissLaw LLPis investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Regal Beloit Corporation ("Regal" or the "Company") (NYSE: RBC) in connection with the Company's proposed combination with Rexnord Corporation's ("Rexnord") (NYSE: RXN)process& motion control business ("PMC Business"). Under the terms of agreement, Rexnord will separate its PMC Business by way of a tax-free spin-off to Rexnord shareholders and then immediately combine it with Regal in a Reverse Morris Trust transaction. Regal shareholders will own 61.4% and Rexnord will own 38.6% of the combined entity. The transaction values the combined company at a pro forma value of $4.1 billion. If you own RBC shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: http://www.weisslawllp.com/RBC/ Or please contact:Joshua Rubin, Esq. WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212)682-3025(888) 593-4771 [emailprotected] WeissLaw LLP is investigating whether Regal's board acted in the best interest of Regal's public shareholders in agreeing to the proposed transaction, whether the proposed combination's equity split is fair to Regal's shareholders, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Regal's 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 Regal Beloit Corporation
NEW YORK, Feb. 16, 2021 /PRNewswire/ --WeissLaw LLPis investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Regal Beloit Corporation ("Regal" or the "Company") (NYSE: RBC) in connection with the Company's proposed combination with Rexnord Corporation's ("Rexnord") (NYSE: RXN)process& motion control business ("PMC Business"). Under the terms of agreement, Rexnord will separate its PMC Business by way of a tax-free spin-off to Rexnord shareholders and then immediately combine it with Regal in a Reverse Morris Trust transaction. Regal shareholders will own 61.4% and Rexnord will own 38.6% of the combined entity. The transaction values the combined company at a pro forma value of $4.1 billion. If you own RBC shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: http://www.weisslawllp.com/RBC/ Or please contact:Joshua Rubin, Esq. WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212)682-3025(888) 593-4771 [emailprotected] WeissLaw LLP is investigating whether Regal's board acted in the best interest of Regal's public shareholders in agreeing to the proposed transaction, whether the proposed combination's equity split is fair to Regal's shareholders, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Regal's 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
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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: PORTLAND, Ore. & AUSTIN, Texas--(BUSINESS WIRE)--Vacasa, a leading vacation rental management platform in North America, announced today it has signed an agreement to acquire TurnKey Vacation Rentals, a vacation rental manager for premium homes in more than 80 destinations across the U.S. The transaction brings together two prominent vacation rental management companies with complementary portfolios and capabilities. The deal is expected to close in a month subject to customary closing conditions. This is an incredibly exciting day as we plan to welcome TurnKey employees, homeowners and guests into the Vacasa family upon closing of the transaction. Our companies have a similar focus on delivering exceptional service to our homeowners and guests, and we are excited to do that together at a key juncture for the highly competitive vacation rental industry, said Vacasa CEO Matt Roberts. "The vacation rental sector continues to see significant gains in market share for accommodations and, with our expert teams and innovative technology, well have the opportunity to lead the industry forward. TurnKey manages approximately 6,000 vacation rentals throughout the U.S. The acquisition will result in Vacasa adding premier destination markets to its portfolio, including Los Angeles and Napa, California; Asheville, Black Mountain, and Holden Beach, North Carolina; and Santa Fe, New Mexico. Like Vacasa, TurnKey invests in solutions to simplify the vacation rental ownership process for owners and provides exceptional experiences for guests. Innovation has been at the core of our business from the start. Our goal is to make vacation rental homeownership more efficient and more profitable for owners through the use of technology, said TurnKey CEO John Banczak. Moving forward together, we expect to deliver on our shared vision of developing innovative solutions to meet the evolving needs of our homeowners, and offer a consistent, reliable hospitality experience to our guests. Vacasa and TurnKey offer full-service vacation rental management to homeowners through local teams that care for guests in-home, providing immediate support during guest stays, as well as property cleaning and maintenance. Vacasas 4,000+ local team members are backed by central support offices in Portland, Oregon, and Boise, Idaho, and, following the acquisition, Vacasa expects to maintain TurnKeys headquarters office in Austin, Texas. PJT Partners acted as financial advisor and Latham & Watkins LLP acted as legal advisor to Vacasa in connection with the transaction. GCA Advisors acted as financial advisors to TurnKey. Weil, Gotshal & Manges LLP and Kastner Gravelle LLP acted as legal advisors to TurnKey. About Vacasa Whether travelers are looking to book a weekend getaway or the trip of a lifetime, Vacasa is the trusted partner for all things vacation rental. Vacasa homeowners enjoy industry-leading financial returns on their vacation homes, delivered by the companys unmatched technology platform that adjusts rates in real time and ensures revenue is always maximized. Guests can relax comfortably in one of Vacasas professionally managed homes across North America, knowing that 24/7 customer care is just a phone call away. In the past 10 years, Vacasa and its licensed subsidiaries have grown to become North Americas leading vacation rental management platform and employ approximately 6,000 people who are passionate about providing best-in-class service to homeowners, guests, real estate investors and partners. For more information, visit https://www.vacasa.com/press. About TurnKey Vacation Rentals TurnKey Vacation Rentals is a full-service vacation rental property management company for premier vacation rental homes in top U.S. travel destinations. As a leading vacation rental hospitality brand, TurnKey provides guests with the consistency and quality of a fine hotel experience, while optimizing the management, marketing and return on investment for vacation rental homeowners. Our proprietary smart home technology digital smart locks, housekeeping scheduler, in-home tablet, noise decibel monitors and more integrates with local, in-market teams to ensure extraordinary vacation rental experiences for every home, every stay, every time. TurnKey is based in Austin, Texas, and venture-backed by Altos Ventures, Adams Street Partners, Silverton Partners and institutional and angel investors. To learn more, visit turnkeyvr.com. Answer:
Vacasa Signs Agreement to Acquire TurnKey Vacation Rentals Technology Forward Managers Join Forces as Demand for Vacation Rentals Accelerates
PORTLAND, Ore. & AUSTIN, Texas--(BUSINESS WIRE)--Vacasa, a leading vacation rental management platform in North America, announced today it has signed an agreement to acquire TurnKey Vacation Rentals, a vacation rental manager for premium homes in more than 80 destinations across the U.S. The transaction brings together two prominent vacation rental management companies with complementary portfolios and capabilities. The deal is expected to close in a month subject to customary closing conditions. This is an incredibly exciting day as we plan to welcome TurnKey employees, homeowners and guests into the Vacasa family upon closing of the transaction. Our companies have a similar focus on delivering exceptional service to our homeowners and guests, and we are excited to do that together at a key juncture for the highly competitive vacation rental industry, said Vacasa CEO Matt Roberts. "The vacation rental sector continues to see significant gains in market share for accommodations and, with our expert teams and innovative technology, well have the opportunity to lead the industry forward. TurnKey manages approximately 6,000 vacation rentals throughout the U.S. The acquisition will result in Vacasa adding premier destination markets to its portfolio, including Los Angeles and Napa, California; Asheville, Black Mountain, and Holden Beach, North Carolina; and Santa Fe, New Mexico. Like Vacasa, TurnKey invests in solutions to simplify the vacation rental ownership process for owners and provides exceptional experiences for guests. Innovation has been at the core of our business from the start. Our goal is to make vacation rental homeownership more efficient and more profitable for owners through the use of technology, said TurnKey CEO John Banczak. Moving forward together, we expect to deliver on our shared vision of developing innovative solutions to meet the evolving needs of our homeowners, and offer a consistent, reliable hospitality experience to our guests. Vacasa and TurnKey offer full-service vacation rental management to homeowners through local teams that care for guests in-home, providing immediate support during guest stays, as well as property cleaning and maintenance. Vacasas 4,000+ local team members are backed by central support offices in Portland, Oregon, and Boise, Idaho, and, following the acquisition, Vacasa expects to maintain TurnKeys headquarters office in Austin, Texas. PJT Partners acted as financial advisor and Latham & Watkins LLP acted as legal advisor to Vacasa in connection with the transaction. GCA Advisors acted as financial advisors to TurnKey. Weil, Gotshal & Manges LLP and Kastner Gravelle LLP acted as legal advisors to TurnKey. About Vacasa Whether travelers are looking to book a weekend getaway or the trip of a lifetime, Vacasa is the trusted partner for all things vacation rental. Vacasa homeowners enjoy industry-leading financial returns on their vacation homes, delivered by the companys unmatched technology platform that adjusts rates in real time and ensures revenue is always maximized. Guests can relax comfortably in one of Vacasas professionally managed homes across North America, knowing that 24/7 customer care is just a phone call away. In the past 10 years, Vacasa and its licensed subsidiaries have grown to become North Americas leading vacation rental management platform and employ approximately 6,000 people who are passionate about providing best-in-class service to homeowners, guests, real estate investors and partners. For more information, visit https://www.vacasa.com/press. About TurnKey Vacation Rentals TurnKey Vacation Rentals is a full-service vacation rental property management company for premier vacation rental homes in top U.S. travel destinations. As a leading vacation rental hospitality brand, TurnKey provides guests with the consistency and quality of a fine hotel experience, while optimizing the management, marketing and return on investment for vacation rental homeowners. Our proprietary smart home technology digital smart locks, housekeeping scheduler, in-home tablet, noise decibel monitors and more integrates with local, in-market teams to ensure extraordinary vacation rental experiences for every home, every stay, every time. TurnKey is based in Austin, Texas, and venture-backed by Altos Ventures, Adams Street Partners, Silverton Partners and institutional and angel investors. To learn more, visit turnkeyvr.com.
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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 21, 2020 /PRNewswire/ -- As part of its ongoing webinar series covering the impacts of the coronavirus disease 2019 (COVID-19), DLA Piper is pleased to announce the following complimentary webinars for the week of April 21, 2020: April 22 COVID-19 and Transfer Pricing April 23 COVID-19 Latin America tax effects and emergency provisions Archived webinars can also be found at DLA Piper's Coronavirus Resource Center, a global repository of timely and in-depth thought leadership that delivers the firm's proven guidance and direction during these difficult times. Past webinars have covered a wide range of topics such as COVID-19 and construction, the Open COVID pledge, tax planning during a recession, a CARES Act guide for the real estate industry, cyber risk management, cost-saving measures across global workforces, a federal stimulus package update, the CARES Act and nonprofit organizations, tax provisions of the CARES Act and outsourcing in the age of viral outbreaks, among many others. To receive information on these and other upcoming events, as well as to receive DLA Piper's daily digest of alerts and other publications, sign up here.We are continuing to add new webinars daily, so please check regularly for updates. About DLA Piper DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning us to help clients with their legal needs around the world. In certain jurisdictions, this information may be considered attorney advertising. dlapiper.com SOURCE DLA Piper Related Links http://www.dlapiper.com Answer:
DLA Piper announces upcoming coronavirus webinars
NEW YORK, April 21, 2020 /PRNewswire/ -- As part of its ongoing webinar series covering the impacts of the coronavirus disease 2019 (COVID-19), DLA Piper is pleased to announce the following complimentary webinars for the week of April 21, 2020: April 22 COVID-19 and Transfer Pricing April 23 COVID-19 Latin America tax effects and emergency provisions Archived webinars can also be found at DLA Piper's Coronavirus Resource Center, a global repository of timely and in-depth thought leadership that delivers the firm's proven guidance and direction during these difficult times. Past webinars have covered a wide range of topics such as COVID-19 and construction, the Open COVID pledge, tax planning during a recession, a CARES Act guide for the real estate industry, cyber risk management, cost-saving measures across global workforces, a federal stimulus package update, the CARES Act and nonprofit organizations, tax provisions of the CARES Act and outsourcing in the age of viral outbreaks, among many others. To receive information on these and other upcoming events, as well as to receive DLA Piper's daily digest of alerts and other publications, sign up here.We are continuing to add new webinars daily, so please check regularly for updates. About DLA Piper DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning us to help clients with their legal needs around the world. In certain jurisdictions, this information may be considered attorney advertising. dlapiper.com SOURCE DLA Piper Related Links http://www.dlapiper.com
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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: MANASQUAN, N.J., July 2, 2020 /PRNewswire/ --In the war against COVID-19, HMBO LLC is emerging as the preferred andpre-eminent, American hand sanitizer manufacturer by adding V-Shapes Single-Serve Packaging Technology (www.v-shapes.com) to its rapidly growing line of hand sanitizing, personal hygiene products. Continue Reading Convenient, easy-to-use, hygienic, single-serve size hand sanitizer packets that go anywhere you do. Opens with just one hand. In addition to the widely popular Uncle Pete's (www.unclepeteshandsanitizer.com) premium brand of hand sanitizer products, known for their superior fragrance and skin conditioning qualities, HMBO's high-speed production facilities boast many top private label brands sold in the country's largest retail outlets from Walmart, Costco, Duane Reade, WAWA, Kroger, and many others across America. HMBO is a fully integrated, third-party, GMP-certified OTC facility, FDA-registered with approved NDCs for hand sanitizer. "HMBO is truly excited to introduce its hand sanitizer formula, now conveniently packaged in V-Shapes single-serve packaging pouch that utilizes patented, one-hand opening technology,"says Peter Jungsberger Sr., CEO of HMBO."This ingenious design allows for the sanitizing gel to easily dispense just with a simple and quick, 'fold, snap, and squeeze' using just one hand. "HMBO is proud of our commitment to offer safe and effective sanitizing, hygiene products in a multitude of sizes and applications to our national partners, as well as to local businesses and school districts looking to provide a safer andcleaner environment for all peoplein these uncertain times," says Jungsberger."Our introduction of V-Shapes pouching technology is not only a game-changer in the single-serve hand sanitizer space because of convenience of carry and use, but another exciting piece of the puzzle, as it offers people even more choices in their personal hygiene and self-care regimens."All Inquiries Contact:Joseph Ciraulo[emailprotected]ph.732.965.5620Related Imagespatented-single-use-hand-santizer.jpg Patented, Single Use Hand Santizer Packets Convenient, easy-to-use, hygienic, single-serve size hand sanitizer packets that go anywhere you do. Opens with just one hand. SOURCE HMBO Answer:
HMBO Introduces Patented, V-Shaped, Single-Serve Hand Sanitizer Packet Innovative Packaging Technology allows opening with one hand. Super convenient, goes anywhere you do. Hygienic and sanitary.
MANASQUAN, N.J., July 2, 2020 /PRNewswire/ --In the war against COVID-19, HMBO LLC is emerging as the preferred andpre-eminent, American hand sanitizer manufacturer by adding V-Shapes Single-Serve Packaging Technology (www.v-shapes.com) to its rapidly growing line of hand sanitizing, personal hygiene products. Continue Reading Convenient, easy-to-use, hygienic, single-serve size hand sanitizer packets that go anywhere you do. Opens with just one hand. In addition to the widely popular Uncle Pete's (www.unclepeteshandsanitizer.com) premium brand of hand sanitizer products, known for their superior fragrance and skin conditioning qualities, HMBO's high-speed production facilities boast many top private label brands sold in the country's largest retail outlets from Walmart, Costco, Duane Reade, WAWA, Kroger, and many others across America. HMBO is a fully integrated, third-party, GMP-certified OTC facility, FDA-registered with approved NDCs for hand sanitizer. "HMBO is truly excited to introduce its hand sanitizer formula, now conveniently packaged in V-Shapes single-serve packaging pouch that utilizes patented, one-hand opening technology,"says Peter Jungsberger Sr., CEO of HMBO."This ingenious design allows for the sanitizing gel to easily dispense just with a simple and quick, 'fold, snap, and squeeze' using just one hand. "HMBO is proud of our commitment to offer safe and effective sanitizing, hygiene products in a multitude of sizes and applications to our national partners, as well as to local businesses and school districts looking to provide a safer andcleaner environment for all peoplein these uncertain times," says Jungsberger."Our introduction of V-Shapes pouching technology is not only a game-changer in the single-serve hand sanitizer space because of convenience of carry and use, but another exciting piece of the puzzle, as it offers people even more choices in their personal hygiene and self-care regimens."All Inquiries Contact:Joseph Ciraulo[emailprotected]ph.732.965.5620Related Imagespatented-single-use-hand-santizer.jpg Patented, Single Use Hand Santizer Packets Convenient, easy-to-use, hygienic, single-serve size hand sanitizer packets that go anywhere you do. Opens with just one hand. SOURCE HMBO
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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: CHENGDU, China, Nov. 10, 2020 /PRNewswire/ -- On October 28, 2020, the micro film "Looking forward to all you Meet" made Jingrong Lake popular again. From the perspective of a femalerepresentative, the film tells the story of living and working in Jingrong Town and striving for youth. Jingrong has held more than 986 international competitions. It has cooperated withPegasus Tech Ventures, to hold two consecutive finalsfor theSWC Entrepreneurship World Cup in China, and settled down the Fenox international accelerator.The "Western Global Innovation Center" has settled in Jingrong. It was recognized as the first Overseas Chinese Innovation and Entrepreneurship Base in Western China and was designated as one of the first batch of towns with Chinese characteristics. In December 2019, Pidu's "construction of an innovative and entrepreneurial development hotspot" was selected as one of the Top 100 Best National Innovation and Entrepreneurship Pilot Bases by the National Development and Reform Commission. Creating a high-level business district of Jingrong Lake is an important project of Pidu District's Jingrong town. Taking Jingrong Lake as the center, Chengdu electronic information industry functional zone will be built into a future urban consumption center and an international park urban demonstration area. This area will bear the work and consumption of more than 30,000 knowledgeable people. The east bank of Jingrong Lake is a maker park and a demonstration base for entrepreneurship and innovation, which has been put into operation. The south bank of the lake is a new economy industrial park composed of several key science and innovation enterprises. On the west side of the lake, it is the future space of electronic information function area. To build Jingrong Lake Sci-Tech innovation business district is to further empower the development of electronic information industry in terms of innovation leading power and ecological competitiveness. Relying on the core support of Jingrong Lake, it hopes to seize the significant opportunity of new infrastructure construction like "5G network, data center". Based on the existing industrial foundation, Pidu district is speeding up its efforts to establish a "pilot area of innovative development of digital economy". Jingrong Lake Sci-Tech innovation Business District has a superior environment and is very suitable for living. It has 334 kilometers of greenways, 135 city parks and mini parks, which attract many snow mountain lovers to take photos. The whole area is lively and full of vitality. This is also a high quality life consumption scene, with a modern library, sports center, international hotel, international school, international hospital, international community composed of high quality business circle. The innovation gene and entrepreneurial atmosphere of comfortable Pidu make entrepreneurs no longer lost. Based on its own resources and ecological background, and led by the new development concept of park city, Jingrong Lake Technology Innovation business district is designed to integrate multiple functions of production, research and development, residence, consumption, service, and ecology, so as to build an industrial park city demonstration area with harmony and integration of "human city-state industry". SOURCE Chengdu's Jingrong Town Answer:
Micro film "Looking forward to all you Meet" tells the story of living and working in Jingrong Town
CHENGDU, China, Nov. 10, 2020 /PRNewswire/ -- On October 28, 2020, the micro film "Looking forward to all you Meet" made Jingrong Lake popular again. From the perspective of a femalerepresentative, the film tells the story of living and working in Jingrong Town and striving for youth. Jingrong has held more than 986 international competitions. It has cooperated withPegasus Tech Ventures, to hold two consecutive finalsfor theSWC Entrepreneurship World Cup in China, and settled down the Fenox international accelerator.The "Western Global Innovation Center" has settled in Jingrong. It was recognized as the first Overseas Chinese Innovation and Entrepreneurship Base in Western China and was designated as one of the first batch of towns with Chinese characteristics. In December 2019, Pidu's "construction of an innovative and entrepreneurial development hotspot" was selected as one of the Top 100 Best National Innovation and Entrepreneurship Pilot Bases by the National Development and Reform Commission. Creating a high-level business district of Jingrong Lake is an important project of Pidu District's Jingrong town. Taking Jingrong Lake as the center, Chengdu electronic information industry functional zone will be built into a future urban consumption center and an international park urban demonstration area. This area will bear the work and consumption of more than 30,000 knowledgeable people. The east bank of Jingrong Lake is a maker park and a demonstration base for entrepreneurship and innovation, which has been put into operation. The south bank of the lake is a new economy industrial park composed of several key science and innovation enterprises. On the west side of the lake, it is the future space of electronic information function area. To build Jingrong Lake Sci-Tech innovation business district is to further empower the development of electronic information industry in terms of innovation leading power and ecological competitiveness. Relying on the core support of Jingrong Lake, it hopes to seize the significant opportunity of new infrastructure construction like "5G network, data center". Based on the existing industrial foundation, Pidu district is speeding up its efforts to establish a "pilot area of innovative development of digital economy". Jingrong Lake Sci-Tech innovation Business District has a superior environment and is very suitable for living. It has 334 kilometers of greenways, 135 city parks and mini parks, which attract many snow mountain lovers to take photos. The whole area is lively and full of vitality. This is also a high quality life consumption scene, with a modern library, sports center, international hotel, international school, international hospital, international community composed of high quality business circle. The innovation gene and entrepreneurial atmosphere of comfortable Pidu make entrepreneurs no longer lost. Based on its own resources and ecological background, and led by the new development concept of park city, Jingrong Lake Technology Innovation business district is designed to integrate multiple functions of production, research and development, residence, consumption, service, and ecology, so as to build an industrial park city demonstration area with harmony and integration of "human city-state industry". SOURCE Chengdu's Jingrong Town
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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 CLARA, Calif.--(BUSINESS WIRE)--Agilent Technologies Inc. (NYSE: A) today announced the following webcasts for the investment community. 10th Annual SVB Leerink Global Healthcare Conference Wednesday, Feb. 24 at 7:40 a.m. Pacific time/10:40 a.m. Eastern time Bob McMahon, Agilent chief financial officer 41st Annual Cowen And Company Healthcare Conference Thursday, March 4 at 8:10 Pacific time/11:10 a.m. Eastern time Mike McMullen, Agilent president and CEO To access these presentations, a Link will be provided in the News & Events -- Events portion of the Investor Relations section of the Agilent website. In addition, the company announced details for the webcast of Agilents Annual Shareholder Meeting March 17. To join the meeting, please see the information below. Agilent Technologies 2021 Annual Meeting of Shareholders Wednesday, March 17 at 8 a.m. Pacific time/11 a.m. Eastern time Virtual Meeting log-in beginning at 7:30 a.m. Pacific time Virtual Meeting access: www.meetingcenter.io/238392758 Password: A2021 About Agilent Technologies Agilent Technologies Inc. (NYSE: A) is a global leader in life sciences, diagnostics, and applied chemical markets, delivering insight and innovation toward improving the quality of life. Agilent instruments, software, services, solutions, and people provide trusted answers to customers' most challenging questions. The company generated revenue of $5.34 billion in fiscal year 2020 and employs 16,400 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, please subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn, Twitter, and Facebook. Answer:
Agilent to Present at Upcoming Investor Events; Provides Webcast Details for Annual Shareholder Meeting
SANTA CLARA, Calif.--(BUSINESS WIRE)--Agilent Technologies Inc. (NYSE: A) today announced the following webcasts for the investment community. 10th Annual SVB Leerink Global Healthcare Conference Wednesday, Feb. 24 at 7:40 a.m. Pacific time/10:40 a.m. Eastern time Bob McMahon, Agilent chief financial officer 41st Annual Cowen And Company Healthcare Conference Thursday, March 4 at 8:10 Pacific time/11:10 a.m. Eastern time Mike McMullen, Agilent president and CEO To access these presentations, a Link will be provided in the News & Events -- Events portion of the Investor Relations section of the Agilent website. In addition, the company announced details for the webcast of Agilents Annual Shareholder Meeting March 17. To join the meeting, please see the information below. Agilent Technologies 2021 Annual Meeting of Shareholders Wednesday, March 17 at 8 a.m. Pacific time/11 a.m. Eastern time Virtual Meeting log-in beginning at 7:30 a.m. Pacific time Virtual Meeting access: www.meetingcenter.io/238392758 Password: A2021 About Agilent Technologies Agilent Technologies Inc. (NYSE: A) is a global leader in life sciences, diagnostics, and applied chemical markets, delivering insight and innovation toward improving the quality of life. Agilent instruments, software, services, solutions, and people provide trusted answers to customers' most challenging questions. The company generated revenue of $5.34 billion in fiscal year 2020 and employs 16,400 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, please subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn, Twitter, and Facebook.
edtsum7681
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: CRANBURY, N.J., March 11, 2021 /PRNewswire/ --Business technology solutions and services provider, Visionet Systems Inc. launched its flagship digital supply chain connectivity solution, PartnerLinQ, today. PartnerLinQ rapidly enhances the scalability of global operations and delivers complete control, visibility, and transparency to enterprises across their supply chains and eCommerce. To learn more, visit the PartnerLinQ website here. Digital connectivity for the new era PartnerLinQ brings a host of innovative capabilities to the table. It seamlessly connects multi-tier global supply chain networks, channels, marketplaces, and core systems to provide unified connectivity for the future. It is hosted on Microsoft Azure and gives users the benefit of limitless flexibility by integrating with legacy, as well as cloud-hosted enterprise systems, to build next-generation, digital partner ecosystems. Industries such as food and beverages, retail, logistics, and consumer packaged goods (CPG)can leverage PartnerLinQ's multi-channel integration capabilities to pair it with a headless commercearchitecture. This enables them to deliver personalized, end-to-end experiences for their supply chain partnersfrom trading partners to customers. PartnerLinQ also helps merchants increase their profits and enjoy a faster time to market for their products. Jawad Khan, Executive Vice President, Professional Services at Visionet said, "Supply chain connectivity, visibility, and transparency are essential for business continuity and success. Today's supply chain networks depend heavily on hybrid-cloud systems and AI-powered analytics to improve flexibility, scalability, and visibility into business-critical insights. PartnerLinQ, powered by Azure cloud, intelligent automation, deep integration capabilities, and real-time analytics, opens up a whole new world of competitive advantage for enterprises." PartnerLinQ processes over 100 million transactions per month and connects 2000+ partner networks worldwide for global logistics and F&B firms. This has made PartnerLinQ the preferred digital supply chain solution for several leading brands across multiple industries. Its seamless and diverse connectivity capabilities also make it a preferred solution on Microsoft AppSource. The PartnerLinQ Brand Philosophy PartnerLinQ's brand identity showcases a simplistic yet futuristic look. The icon resembles infinity that represents boundless connectivity and end-to-end transparency across the global supply chain and ecommerce ecosystem. About Visionet Visionet Systems, Inc. (www.visionet.com) is a US-based Microsoft Gold Partner that provides technology solutions and services to a wide array of industry verticals. With more than 350 clients worldwide, Visionet is the leading Microsoft partner recognized among top ERP VARs with a proud history of developing and deploying Microsoft-preferred AppSource solutions. Media Contact Shahzeen Haris Senior Manager Communications, Visionet [emailprotected] SOURCE Visionet Related Links https://www.visionet.com Answer:
Business technology provider, Visionet Systems, launches PartnerLinQ, a unified connectivity solution delivering complete supply chain transparency and control
CRANBURY, N.J., March 11, 2021 /PRNewswire/ --Business technology solutions and services provider, Visionet Systems Inc. launched its flagship digital supply chain connectivity solution, PartnerLinQ, today. PartnerLinQ rapidly enhances the scalability of global operations and delivers complete control, visibility, and transparency to enterprises across their supply chains and eCommerce. To learn more, visit the PartnerLinQ website here. Digital connectivity for the new era PartnerLinQ brings a host of innovative capabilities to the table. It seamlessly connects multi-tier global supply chain networks, channels, marketplaces, and core systems to provide unified connectivity for the future. It is hosted on Microsoft Azure and gives users the benefit of limitless flexibility by integrating with legacy, as well as cloud-hosted enterprise systems, to build next-generation, digital partner ecosystems. Industries such as food and beverages, retail, logistics, and consumer packaged goods (CPG)can leverage PartnerLinQ's multi-channel integration capabilities to pair it with a headless commercearchitecture. This enables them to deliver personalized, end-to-end experiences for their supply chain partnersfrom trading partners to customers. PartnerLinQ also helps merchants increase their profits and enjoy a faster time to market for their products. Jawad Khan, Executive Vice President, Professional Services at Visionet said, "Supply chain connectivity, visibility, and transparency are essential for business continuity and success. Today's supply chain networks depend heavily on hybrid-cloud systems and AI-powered analytics to improve flexibility, scalability, and visibility into business-critical insights. PartnerLinQ, powered by Azure cloud, intelligent automation, deep integration capabilities, and real-time analytics, opens up a whole new world of competitive advantage for enterprises." PartnerLinQ processes over 100 million transactions per month and connects 2000+ partner networks worldwide for global logistics and F&B firms. This has made PartnerLinQ the preferred digital supply chain solution for several leading brands across multiple industries. Its seamless and diverse connectivity capabilities also make it a preferred solution on Microsoft AppSource. The PartnerLinQ Brand Philosophy PartnerLinQ's brand identity showcases a simplistic yet futuristic look. The icon resembles infinity that represents boundless connectivity and end-to-end transparency across the global supply chain and ecommerce ecosystem. About Visionet Visionet Systems, Inc. (www.visionet.com) is a US-based Microsoft Gold Partner that provides technology solutions and services to a wide array of industry verticals. With more than 350 clients worldwide, Visionet is the leading Microsoft partner recognized among top ERP VARs with a proud history of developing and deploying Microsoft-preferred AppSource solutions. Media Contact Shahzeen Haris Senior Manager Communications, Visionet [emailprotected] SOURCE Visionet Related Links https://www.visionet.com
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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: HUNTSVILLE, Ala., Feb. 2, 2021 /PRNewswire/ --Hometown Lenders (HTL), a rapidly emerging leader in the national mortgage lending industry, has started 2021 off with another major acquisition.The company is pleased to announce that Bozeman, Montana's The Wood Team has joined HTL, strategically adding an established and well-respected mortgage lender that has earned the trust of families in Big Sky Country since its founding. Earlier this month, The Wood Team was honored as the 2021 Bozeman's Choice for local mortgage lender. Continue Reading The company is pleased to announce that Bozeman, Montana's The Wood Team has joined HTL. Tweet this Based in Huntsville, Alabama., Hometown now has more than 90 branch locations and is doing business in more than 40 states. "We are so excited that The Wood Team has joined the Hometown Lenders family," stated Colleen Wood, founder of The Wood Team and now producing branch manager at HTL Bozeman. "This is a natural fit that allows us not only to maximize the outstanding service we can provide in the communities we serve, but it also allows us to continue building and growing ourselves. We are grateful for this opportunity and look forward to the positive impact it will have on our customers."As seen in Hometown's thousands of testimonials (click here to view the latest), HTL puts a premium on giving their customers the highest quality experience possible, truly striving to embody good, old-fashioned southern hospitality even in the digital age.HTL firmly believes that its key philosophy of the three R'sRecruit the best, Retain our talent, and Remember who got us hereis the foundation of continuing to exceed its lofty goals."Especially as we grow, we are proud of what makes Hometown unique," said Billy Taylor, CEO of Hometown Lenders. "We continue to place an unwavering focus on maintaining the mindset that HTL is a ministry to those who make it up, as well as to those that cross our path. This all starts on the local level, with the communities in which we work and live. The Wood Team is a perfect example of the type of partners we covet, and we are happy to have them join the family. Together, we will continue to serve more and more hometowns across America in innovative ways."For more information visitwww.htlenders.com.SOURCE Hometown Lenders Related Links http://www.htlenders.com Answer:
Hometown Lenders Makes Another Major Acquisition
HUNTSVILLE, Ala., Feb. 2, 2021 /PRNewswire/ --Hometown Lenders (HTL), a rapidly emerging leader in the national mortgage lending industry, has started 2021 off with another major acquisition.The company is pleased to announce that Bozeman, Montana's The Wood Team has joined HTL, strategically adding an established and well-respected mortgage lender that has earned the trust of families in Big Sky Country since its founding. Earlier this month, The Wood Team was honored as the 2021 Bozeman's Choice for local mortgage lender. Continue Reading The company is pleased to announce that Bozeman, Montana's The Wood Team has joined HTL. Tweet this Based in Huntsville, Alabama., Hometown now has more than 90 branch locations and is doing business in more than 40 states. "We are so excited that The Wood Team has joined the Hometown Lenders family," stated Colleen Wood, founder of The Wood Team and now producing branch manager at HTL Bozeman. "This is a natural fit that allows us not only to maximize the outstanding service we can provide in the communities we serve, but it also allows us to continue building and growing ourselves. We are grateful for this opportunity and look forward to the positive impact it will have on our customers."As seen in Hometown's thousands of testimonials (click here to view the latest), HTL puts a premium on giving their customers the highest quality experience possible, truly striving to embody good, old-fashioned southern hospitality even in the digital age.HTL firmly believes that its key philosophy of the three R'sRecruit the best, Retain our talent, and Remember who got us hereis the foundation of continuing to exceed its lofty goals."Especially as we grow, we are proud of what makes Hometown unique," said Billy Taylor, CEO of Hometown Lenders. "We continue to place an unwavering focus on maintaining the mindset that HTL is a ministry to those who make it up, as well as to those that cross our path. This all starts on the local level, with the communities in which we work and live. The Wood Team is a perfect example of the type of partners we covet, and we are happy to have them join the family. Together, we will continue to serve more and more hometowns across America in innovative ways."For more information visitwww.htlenders.com.SOURCE Hometown Lenders Related Links http://www.htlenders.com
edtsum7690
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: MILWAUKEE, June 9, 2020 /PRNewswire/ --Market volatility and the economic downturn prompted by the COVID-19 pandemic has spurred a significant financial response among Americans and a whirl of proactivity, according to the latest findings from Northwestern Mutual's 2020 Planning and Progress Study.For some, the crisis has led them to see the importance of having a financial plan. Among U.S. adults age 18 and older, 15% say they didn't have a plan before the pandemic but now have been prompted to develop one. Continue Reading (PRNewsfoto/Northwestern Mutual) (PRNewsfoto/Northwestern Mutual) (PRNewsfoto/Northwestern Mutual) For those who already had plans in place, the crisis has prompted many to adjust course. One-fifth (20%) of Americans say they have revisited their financial plans and made significant adjustments in response to the pandemic and its subsequent economic impact. "This is an enormously difficult time for so many Americans, however it's good to see they're taking action, rising to the challenging road ahead, and making choices aimed at enabling their recovery," says Christian Mitchell, executive vice president & chief customer officer at Northwestern Mutual. "People are doing their best to secure their financial foundations and position themselves to emerge from this stronger." Gen X, Millennials and Gen Z are seeking helpThe study found that one-fifth or more of each Gen X (19%), Millennials (22%) and Gen Z (22%) say they didn't have a financial advisor before the pandemic but will seek to start working with one now. Additionally, the younger generations stand out for how proactive they have been in response to the economic downturn: Nearly three out of 10 (28%) Millennials have revisited their plans and made significant adjustments, more than any other generation. One-fifth (19%) of Millennials and one-quarter (25%) of Gen Z didn't have a financial plan before the pandemic but are looking to develop one now. "Generational behavior patterns often form based on experiences with economic cycles, and while this is the first downturn that Gen Z has seen, it's the second time around for many Millennials," continues Mitchell. "We're encouraged by the instinct to respond among younger people, and that many of them are seeking help from financial professionals."Bruised but not brokenWhen asked how financially secure people feel on a 10-point scale, the average rating was 6.1, compared to 6.7 before the pandemic. Taking a closer look, the numbers reveal shifts at both the higher and lower ends of the scale: 35% rate themselves as financially secure (between an eight and 10), which is down from the 45% among these same participants who say they were financially secure prior to the pandemic. Those who rated themselves between one and three, or not financially secure, jumped to 19% compared to 12% pre-pandemic. "It's understandable that most Americans feel less financially secure than they did just a short time ago," says Mitchell. "Yet we still see considerably higher numbers in the upper registers than we do in the lower, and the overall average hasn't dipped alarmingly. People's sense of financial security may be bruised but it's far from broken."Cautious but resilientThe pandemic has had a real impact on people's financial situations, and in turn their decision-making and behaviors. Overall, Americans are showing a combination of caution and resilience in the face of adversity.More than four in 10 (42%) Americans say they're less willing today to take risks with their finances in an effort to protect their assets, compared to just 16% who say they're more willing to take risks with their finances in an effort to pursue higher returns. Additionally, a significant number of Americans (45%) have taken steps to cover their regular living expenses: 25% have dipped into personal savings or emergency funds (excluding retirement accounts) 14% have borrowed money from family or friends 10% have dipped into retirement account/savings (e.g., 401k, IRA, etc.) 8% have applied for a loan from a financial lender 8% have sold investments to raise cash (stocks, bonds, mutual funds, etc.) 6% have used the cash value of a life insurance policy Many Americans have also re-prioritized and re-evaluated their critical vs. discretionary expenses, and hit pause on some big decisions: 23% have postponed large purchases or projects (e.g., car purchase, home remodeling, etc.) 15% have postponed changing jobs/searching for a new job 11% have postponed buying or building a new home 9% have postponed starting a business 7% have postponed starting / attending college 5% have postponed retiring / leaving the workforce 5% have postponed getting married 3% have postponed having / adopting children Finally, the pandemic has prompted many Americans to reconsider their views of life insurance's role as part of a holistic financial plan, with nearly four in 10 (37%) saying they now see an increased importance for owning it."Inevitably, the pandemic will have a lasting impact on people's financial lives and our findings indicate some of the depth of the disruptions people are already facing," notes Mitchell. "However, the data also shows several hopeful signs that even when times are tough, people are generally resilient. Our reply is that we're here to help endure this difficult time and lay the groundwork for recovery one household at a time."About The 2020 Northwestern Mutual Planning & Progress StudyThe 2020 Planning & Progress Study is a research series conducted by The Harris Poll on behalf of Northwestern Mutual. The first wave included 2,650 American adults aged 18 or older who participated in an online survey between February 12 25, 2020. This wave of the study included 2,077 adults aged 18 or older who participated between April 29 May 1, 2020. Results have been weighted to Census targets for education, age/gender, race/ethnicity, region and household income. Propensity score weighting was also used to adjust for respondents' propensity to be online. No estimates of theoretical sampling error can be calculated; a full methodology is available.About Northwestern MutualNorthwestern Mutualhas been helping people and businesses achieve financial security for morethan 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. With $290.3 billionin total assets, $29.9 billionin revenues, and $1.9 trillionworth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million people with life, disabilityincomeand long-term care insurance, annuities, and brokerage and advisory services. The company manages more than $161 billion of investments owned by its clients and held or managed through its wealth management and investment services businesses.Northwestern Mutual ranks 102 on the 2020 FORTUNE 500 and is recognized by FORTUNE as one of the "World's Most Admired" life insurance companies in 2020. Northwestern Mutual also received the highest score among individual life insurance providers in the J.D. Power 2019 U.S. Life Insurance Satisfaction Study.Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries includeNorthwestern Mutual Investment Services, LLC(NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).SOURCE Northwestern Mutual Related Links http://www.northwesternmutual.com Answer:
Pandemic Prompts Americans to Focus on Their Finances U.S. adults show caution but resilience at a time of adversity - they are making proactive decisions and looking for help
MILWAUKEE, June 9, 2020 /PRNewswire/ --Market volatility and the economic downturn prompted by the COVID-19 pandemic has spurred a significant financial response among Americans and a whirl of proactivity, according to the latest findings from Northwestern Mutual's 2020 Planning and Progress Study.For some, the crisis has led them to see the importance of having a financial plan. Among U.S. adults age 18 and older, 15% say they didn't have a plan before the pandemic but now have been prompted to develop one. Continue Reading (PRNewsfoto/Northwestern Mutual) (PRNewsfoto/Northwestern Mutual) (PRNewsfoto/Northwestern Mutual) For those who already had plans in place, the crisis has prompted many to adjust course. One-fifth (20%) of Americans say they have revisited their financial plans and made significant adjustments in response to the pandemic and its subsequent economic impact. "This is an enormously difficult time for so many Americans, however it's good to see they're taking action, rising to the challenging road ahead, and making choices aimed at enabling their recovery," says Christian Mitchell, executive vice president & chief customer officer at Northwestern Mutual. "People are doing their best to secure their financial foundations and position themselves to emerge from this stronger." Gen X, Millennials and Gen Z are seeking helpThe study found that one-fifth or more of each Gen X (19%), Millennials (22%) and Gen Z (22%) say they didn't have a financial advisor before the pandemic but will seek to start working with one now. Additionally, the younger generations stand out for how proactive they have been in response to the economic downturn: Nearly three out of 10 (28%) Millennials have revisited their plans and made significant adjustments, more than any other generation. One-fifth (19%) of Millennials and one-quarter (25%) of Gen Z didn't have a financial plan before the pandemic but are looking to develop one now. "Generational behavior patterns often form based on experiences with economic cycles, and while this is the first downturn that Gen Z has seen, it's the second time around for many Millennials," continues Mitchell. "We're encouraged by the instinct to respond among younger people, and that many of them are seeking help from financial professionals."Bruised but not brokenWhen asked how financially secure people feel on a 10-point scale, the average rating was 6.1, compared to 6.7 before the pandemic. Taking a closer look, the numbers reveal shifts at both the higher and lower ends of the scale: 35% rate themselves as financially secure (between an eight and 10), which is down from the 45% among these same participants who say they were financially secure prior to the pandemic. Those who rated themselves between one and three, or not financially secure, jumped to 19% compared to 12% pre-pandemic. "It's understandable that most Americans feel less financially secure than they did just a short time ago," says Mitchell. "Yet we still see considerably higher numbers in the upper registers than we do in the lower, and the overall average hasn't dipped alarmingly. People's sense of financial security may be bruised but it's far from broken."Cautious but resilientThe pandemic has had a real impact on people's financial situations, and in turn their decision-making and behaviors. Overall, Americans are showing a combination of caution and resilience in the face of adversity.More than four in 10 (42%) Americans say they're less willing today to take risks with their finances in an effort to protect their assets, compared to just 16% who say they're more willing to take risks with their finances in an effort to pursue higher returns. Additionally, a significant number of Americans (45%) have taken steps to cover their regular living expenses: 25% have dipped into personal savings or emergency funds (excluding retirement accounts) 14% have borrowed money from family or friends 10% have dipped into retirement account/savings (e.g., 401k, IRA, etc.) 8% have applied for a loan from a financial lender 8% have sold investments to raise cash (stocks, bonds, mutual funds, etc.) 6% have used the cash value of a life insurance policy Many Americans have also re-prioritized and re-evaluated their critical vs. discretionary expenses, and hit pause on some big decisions: 23% have postponed large purchases or projects (e.g., car purchase, home remodeling, etc.) 15% have postponed changing jobs/searching for a new job 11% have postponed buying or building a new home 9% have postponed starting a business 7% have postponed starting / attending college 5% have postponed retiring / leaving the workforce 5% have postponed getting married 3% have postponed having / adopting children Finally, the pandemic has prompted many Americans to reconsider their views of life insurance's role as part of a holistic financial plan, with nearly four in 10 (37%) saying they now see an increased importance for owning it."Inevitably, the pandemic will have a lasting impact on people's financial lives and our findings indicate some of the depth of the disruptions people are already facing," notes Mitchell. "However, the data also shows several hopeful signs that even when times are tough, people are generally resilient. Our reply is that we're here to help endure this difficult time and lay the groundwork for recovery one household at a time."About The 2020 Northwestern Mutual Planning & Progress StudyThe 2020 Planning & Progress Study is a research series conducted by The Harris Poll on behalf of Northwestern Mutual. The first wave included 2,650 American adults aged 18 or older who participated in an online survey between February 12 25, 2020. This wave of the study included 2,077 adults aged 18 or older who participated between April 29 May 1, 2020. Results have been weighted to Census targets for education, age/gender, race/ethnicity, region and household income. Propensity score weighting was also used to adjust for respondents' propensity to be online. No estimates of theoretical sampling error can be calculated; a full methodology is available.About Northwestern MutualNorthwestern Mutualhas been helping people and businesses achieve financial security for morethan 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. With $290.3 billionin total assets, $29.9 billionin revenues, and $1.9 trillionworth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million people with life, disabilityincomeand long-term care insurance, annuities, and brokerage and advisory services. The company manages more than $161 billion of investments owned by its clients and held or managed through its wealth management and investment services businesses.Northwestern Mutual ranks 102 on the 2020 FORTUNE 500 and is recognized by FORTUNE as one of the "World's Most Admired" life insurance companies in 2020. Northwestern Mutual also received the highest score among individual life insurance providers in the J.D. Power 2019 U.S. Life Insurance Satisfaction Study.Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries includeNorthwestern Mutual Investment Services, LLC(NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).SOURCE Northwestern Mutual Related Links http://www.northwesternmutual.com
edtsum7699
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: PLEASANTON, Calif.--(BUSINESS WIRE)--From KubeCon + CloudNativeCon North America Accurics, the cloud cyber resilience specialist, today announced that Terrascan, the open source static code analyzer that enables developers to build secure infrastructure as code (IaC), has been extended to support Helm and Kustomize, both projects from the Cloud Native Computing Foundation (CNCF) that have gained immense popularity. This enables organizations to ensure applications on Kubernetes clusters are secure and compliant before they are deployed. Given the increasing scale and velocity of cloud breaches, organizations need policy guardrails to ensure that cloud native infrastructure is securely defined and managed, said Cesar Rodriguez, creator of Terrascan and head of Developer Advocacy at Accurics. Now, with the additional support for Helm and Kustomize, teams using Terrascan to programmatically establish Policy as Code guardrails in their high-velocity, component-based Kubernetes projects have a way to reduce security risks without impeding development. This will help drive innovation and broaden adoption of Kubernetes. For its part, Helm is a package manager that offers an easy way to find, share and use software built for Kubernetes. It is currently used by a variety of organizations, including AT&T, Bitnami, CERN, Conde Nast, Microsoft and VMWare. Since its inception, there have been more than 13,000 contributions representing over 1,500 companies. Kustomize, meanwhile, is a standalone tool used to customize Kubernetes objects. The two projects are regularly downloaded millions of times a month. The rapid adoption of IaC enables organizations to codify policy checks early in the development lifecycle with Policy as Code (PaC). Terrascan, which is maintained by Accurics, is used by thousands of developers to implement PaC using a library of 500+ out-of-the-box policies to scan IaC against common policy standards such as the CIS Benchmark, and govern Terraform and Kubernetes during development, greatly enhancing their value. It helps spot issues such as server-side encryption misconfigurations, security groups left open for public browsing, and access logs not enabled on resources that support them. Extending these benefits to the Helm and Kustomize user base greatly expands the universe of potential advantages. Governing risk in the diverse cloud native ecosystem has traditionally required numerous tools and policy sets. With enhanced support for the Kubernetes ecosystem and an open architecture based on the Open Policy Agent (OPA), Terrascan enables enterprises to protect these technologies with a single tool and consistent policies. For more information about Terrascan, please visit https://www.accurics.com/products/terrascan/ About Accurics At Accurics, we envision a world where organizations can innovate in the cloud with confidence. Our mission is to enable cyber resilience through self-healing as organizations embrace cloud native infrastructure. The Accurics platform self-heals cloud native infrastructure by codifying security throughout the development lifecycle. It programmatically detects and resolves risks across Infrastructure as Code before infrastructure is provisioned, and maintains the secure posture in runtime by programmatically mitigating risks from changes. Accurics enables organizations of all sizes to achieve cloud cyber resilience through free cloud-based and open source tools such as Terrascan. Answer:
Open Source Software Terrascan Extends Policy as Code Support to Helm, Kustomize OPA-Based architecture eases governance across multiple cloud native technologies
PLEASANTON, Calif.--(BUSINESS WIRE)--From KubeCon + CloudNativeCon North America Accurics, the cloud cyber resilience specialist, today announced that Terrascan, the open source static code analyzer that enables developers to build secure infrastructure as code (IaC), has been extended to support Helm and Kustomize, both projects from the Cloud Native Computing Foundation (CNCF) that have gained immense popularity. This enables organizations to ensure applications on Kubernetes clusters are secure and compliant before they are deployed. Given the increasing scale and velocity of cloud breaches, organizations need policy guardrails to ensure that cloud native infrastructure is securely defined and managed, said Cesar Rodriguez, creator of Terrascan and head of Developer Advocacy at Accurics. Now, with the additional support for Helm and Kustomize, teams using Terrascan to programmatically establish Policy as Code guardrails in their high-velocity, component-based Kubernetes projects have a way to reduce security risks without impeding development. This will help drive innovation and broaden adoption of Kubernetes. For its part, Helm is a package manager that offers an easy way to find, share and use software built for Kubernetes. It is currently used by a variety of organizations, including AT&T, Bitnami, CERN, Conde Nast, Microsoft and VMWare. Since its inception, there have been more than 13,000 contributions representing over 1,500 companies. Kustomize, meanwhile, is a standalone tool used to customize Kubernetes objects. The two projects are regularly downloaded millions of times a month. The rapid adoption of IaC enables organizations to codify policy checks early in the development lifecycle with Policy as Code (PaC). Terrascan, which is maintained by Accurics, is used by thousands of developers to implement PaC using a library of 500+ out-of-the-box policies to scan IaC against common policy standards such as the CIS Benchmark, and govern Terraform and Kubernetes during development, greatly enhancing their value. It helps spot issues such as server-side encryption misconfigurations, security groups left open for public browsing, and access logs not enabled on resources that support them. Extending these benefits to the Helm and Kustomize user base greatly expands the universe of potential advantages. Governing risk in the diverse cloud native ecosystem has traditionally required numerous tools and policy sets. With enhanced support for the Kubernetes ecosystem and an open architecture based on the Open Policy Agent (OPA), Terrascan enables enterprises to protect these technologies with a single tool and consistent policies. For more information about Terrascan, please visit https://www.accurics.com/products/terrascan/ About Accurics At Accurics, we envision a world where organizations can innovate in the cloud with confidence. Our mission is to enable cyber resilience through self-healing as organizations embrace cloud native infrastructure. The Accurics platform self-heals cloud native infrastructure by codifying security throughout the development lifecycle. It programmatically detects and resolves risks across Infrastructure as Code before infrastructure is provisioned, and maintains the secure posture in runtime by programmatically mitigating risks from changes. Accurics enables organizations of all sizes to achieve cloud cyber resilience through free cloud-based and open source tools such as Terrascan.
edtsum7701
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: PITTSBURGH, April 3, 2020 /PRNewswire/ --The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it will hold its 2020 Annual Meeting of Shareholders solely over the web in a virtual-only format due to the public health impact of the coronavirus (COVID-19). Shareholders will not be able to attend the annual meeting in person at a physical location. The previously announced date and time of the annual meeting remain unchanged. However, previously announced dial-in and replay telephone numbers are no longer in effect. Meeting Date:Tuesday, April 28, 2020 Meeting Time:11:00 a.m. (Eastern Time) Meeting Access:www.meetingcenter.io/247992536 Shareholders as of the close of business on the record date of January 31, 2020 may vote their shares and submit questions during the virtual-only annual meeting by joining as a Shareholder, entering a control number and the password (PNC2020), and following the instructions available on the meeting website. For registered shareholders, the control number can be found on the proxy card, notice or email previously received. For street name shareholders who hold their shares through an intermediary, such as a broker or bank, a control number must be obtained in advance to vote during the meeting. To obtain a control number, street name shareholders must submit proof of their legal proxy issued by their broker or bank by sending a copy of the legal proxy, along with their name and email address, to Computershare via email at [emailprotected]. Requests for a control number must be labeled as "Legal Proxy" and be received by Computershare no later than 5:00 p.m., Eastern Time, on April 23, 2020. Street name shareholders who timely submit proof of their legal proxy will receive a confirmation email from Computershare with a control number. Shareholders who do not wish to login with a control number may join the virtual-only annual meeting as a Guest but will not have the option to vote their shares at the meeting or submit questions. A replay of the annual meeting will be available for 30 days, accessible at www.pnc.com/investoreventsor www.pnc.com/annualmeeting. The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com. CONTACTS: MEDIA:Marcey Zwiebel(412) 762-4550[emailprotected] INVESTORS: Bryan Gill (412) 768-4143 [emailprotected] SOURCE PNC Financial Services Group Answer:
The PNC Financial Services Group Announces Change From Physical Location To Virtual-Only 2020 Annual Shareholders Meeting
PITTSBURGH, April 3, 2020 /PRNewswire/ --The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it will hold its 2020 Annual Meeting of Shareholders solely over the web in a virtual-only format due to the public health impact of the coronavirus (COVID-19). Shareholders will not be able to attend the annual meeting in person at a physical location. The previously announced date and time of the annual meeting remain unchanged. However, previously announced dial-in and replay telephone numbers are no longer in effect. Meeting Date:Tuesday, April 28, 2020 Meeting Time:11:00 a.m. (Eastern Time) Meeting Access:www.meetingcenter.io/247992536 Shareholders as of the close of business on the record date of January 31, 2020 may vote their shares and submit questions during the virtual-only annual meeting by joining as a Shareholder, entering a control number and the password (PNC2020), and following the instructions available on the meeting website. For registered shareholders, the control number can be found on the proxy card, notice or email previously received. For street name shareholders who hold their shares through an intermediary, such as a broker or bank, a control number must be obtained in advance to vote during the meeting. To obtain a control number, street name shareholders must submit proof of their legal proxy issued by their broker or bank by sending a copy of the legal proxy, along with their name and email address, to Computershare via email at [emailprotected]. Requests for a control number must be labeled as "Legal Proxy" and be received by Computershare no later than 5:00 p.m., Eastern Time, on April 23, 2020. Street name shareholders who timely submit proof of their legal proxy will receive a confirmation email from Computershare with a control number. Shareholders who do not wish to login with a control number may join the virtual-only annual meeting as a Guest but will not have the option to vote their shares at the meeting or submit questions. A replay of the annual meeting will be available for 30 days, accessible at www.pnc.com/investoreventsor www.pnc.com/annualmeeting. The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com. CONTACTS: MEDIA:Marcey Zwiebel(412) 762-4550[emailprotected] INVESTORS: Bryan Gill (412) 768-4143 [emailprotected] SOURCE PNC Financial Services Group
edtsum7711
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)--tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today its CEO, Saum Noursalehi, and management team will host an update and Q&A session on Wednesday, March 10, 2021, at 4pm ET. The team will provide a brief overview and update on the company and participate in a Q&A discussion during the live event. Interested parties can register for the live webcast here and are encouraged to submit questions to irevents@tzero.com ahead of the event. A recording of the event will be available on www.tzero.com shortly after the event has ended. tZERO is a technology firm with the goal of democratizing access to private capital markets. tZERO is a subsidiary of Medici Ventures, the blockchain-focused, wholly owned subsidiary of Overstock.com, Inc. (NASDAQ:OSTK). Investor Notice Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein. No Offer, Solicitation, Investment Advice or Recommendations This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances. Forward-Looking Statements This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as may, should, expects, anticipates, contemplates, estimates, believes, plans, projected, predicts, potential, or hopes or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZEROs ability to keep pace with new technology and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur. About tZERO tZERO Group, Inc. and its broker-dealer subsidiaries (tZERO) provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/. tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions. Answer:
tZERO to Host a Company Update and Q&A Session on March 10, 2021
NEW YORK--(BUSINESS WIRE)--tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today its CEO, Saum Noursalehi, and management team will host an update and Q&A session on Wednesday, March 10, 2021, at 4pm ET. The team will provide a brief overview and update on the company and participate in a Q&A discussion during the live event. Interested parties can register for the live webcast here and are encouraged to submit questions to irevents@tzero.com ahead of the event. A recording of the event will be available on www.tzero.com shortly after the event has ended. tZERO is a technology firm with the goal of democratizing access to private capital markets. tZERO is a subsidiary of Medici Ventures, the blockchain-focused, wholly owned subsidiary of Overstock.com, Inc. (NASDAQ:OSTK). Investor Notice Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein. No Offer, Solicitation, Investment Advice or Recommendations This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances. Forward-Looking Statements This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as may, should, expects, anticipates, contemplates, estimates, believes, plans, projected, predicts, potential, or hopes or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZEROs ability to keep pace with new technology and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur. About tZERO tZERO Group, Inc. and its broker-dealer subsidiaries (tZERO) provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/. tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions.
edtsum7712
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: WALTHAM, Mass., Aug. 3, 2020 /PRNewswire/ --Syndax Pharmaceuticals, Inc. ("Syndax," the "Company" or "we") (Nasdaq:SNDX), a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies, today announced that members of its management team will participate virtually in the BTIG Biotechnology Conference on Monday, August 10, 2020 at 12:00 p.m. ET. A live webcast of the fireside chat can be accessed from the Investor section of the Company's website at www.syndax.com, where a replay of the event will also be available for a limited time. About Syndax Pharmaceuticals, Inc. Syndax Pharmaceuticalsis a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies. The Company's pipeline includes SNDX-5613, a highly selective inhibitor of the MeninMLL binding interaction, axatilimab, a monoclonal antibody that blocks the colony stimulating factor 1 (CSF-1) receptor, and entinostat, a class I HDAC inhibitor. For more information, please visitwww.syndax.comor follow the Company onTwitterandLinkedIn. Syndax Contacts Investor ContactMelissa ForstArgot Partners[emailprotected]Tel 212.600.1902 Media ContactTed Held[emailprotected] Tel 212.798.9842 SNDX-G SOURCE Syndax Pharmaceuticals, Inc. Related Links http://www.syndax.com Answer:
Syndax Announces Participation in BTIG Virtual Biotechnology Conference
WALTHAM, Mass., Aug. 3, 2020 /PRNewswire/ --Syndax Pharmaceuticals, Inc. ("Syndax," the "Company" or "we") (Nasdaq:SNDX), a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies, today announced that members of its management team will participate virtually in the BTIG Biotechnology Conference on Monday, August 10, 2020 at 12:00 p.m. ET. A live webcast of the fireside chat can be accessed from the Investor section of the Company's website at www.syndax.com, where a replay of the event will also be available for a limited time. About Syndax Pharmaceuticals, Inc. Syndax Pharmaceuticalsis a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies. The Company's pipeline includes SNDX-5613, a highly selective inhibitor of the MeninMLL binding interaction, axatilimab, a monoclonal antibody that blocks the colony stimulating factor 1 (CSF-1) receptor, and entinostat, a class I HDAC inhibitor. For more information, please visitwww.syndax.comor follow the Company onTwitterandLinkedIn. Syndax Contacts Investor ContactMelissa ForstArgot Partners[emailprotected]Tel 212.600.1902 Media ContactTed Held[emailprotected] Tel 212.798.9842 SNDX-G SOURCE Syndax Pharmaceuticals, Inc. Related Links http://www.syndax.com
edtsum7713
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, Oct. 14, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Eaton Vance Corp. ("EV" or the "Company") (EV) relating to its proposed acquisition by Morgan Stanley ("MS"). Under the terms of the agreement, EV shareholders have the option to receive (i)$28.25in cash and 0.5833 of a share of MS common stock (the "Mixed Consideration"); or, subject to a proration and adjustment mechanism, (ii) an amount of all cash; or (iii) a number of shares of Morgan Stanley common stock. The implied per-share value of the Mixed Consideration is approximately$56.66. The investigation focuses on whether Eaton Vance Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process and 2) whether and by how much this proposed transaction undervalues the Company. Click here for more information:https://www.monteverdelaw.com/case/eaton-vance-corpIt is free and there is no cost or obligation to you. About Monteverde & Associates PC We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered money for shareholders in 6 mergers & acquisitions class action cases. If you own common stock in Eaton Vance Corp. and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [emailprotected] or by telephone at (212) 971-1341. Contact:Juan E. Monteverde, Esq.MONTEVERDE & ASSOCIATES PCThe Empire State Building350 Fifth Ave. Suite 4405New York, NY 10118United States of America[emailprotected]Tel: (212) 971-1341 Attorney Advertising. (C) 2020 Monteverde & Associates PC.The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter. SOURCE Monteverde & Associates PC Related Links http://www.monteverdelaw.com Answer:
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Eaton Vance Corp. - EV
NEW YORK, Oct. 14, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Eaton Vance Corp. ("EV" or the "Company") (EV) relating to its proposed acquisition by Morgan Stanley ("MS"). Under the terms of the agreement, EV shareholders have the option to receive (i)$28.25in cash and 0.5833 of a share of MS common stock (the "Mixed Consideration"); or, subject to a proration and adjustment mechanism, (ii) an amount of all cash; or (iii) a number of shares of Morgan Stanley common stock. The implied per-share value of the Mixed Consideration is approximately$56.66. The investigation focuses on whether Eaton Vance Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process and 2) whether and by how much this proposed transaction undervalues the Company. Click here for more information:https://www.monteverdelaw.com/case/eaton-vance-corpIt is free and there is no cost or obligation to you. About Monteverde & Associates PC We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered money for shareholders in 6 mergers & acquisitions class action cases. If you own common stock in Eaton Vance Corp. and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [emailprotected] or by telephone at (212) 971-1341. Contact:Juan E. Monteverde, Esq.MONTEVERDE & ASSOCIATES PCThe Empire State Building350 Fifth Ave. Suite 4405New York, NY 10118United States of America[emailprotected]Tel: (212) 971-1341 Attorney Advertising. (C) 2020 Monteverde & Associates PC.The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter. SOURCE Monteverde & Associates PC Related Links http://www.monteverdelaw.com
edtsum7716
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, Nov. 16, 2020 /PRNewswire/ -- The "Energy Drinks Market - Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. Energy Drinks Market size was valued at $57.4 billion in 2020 and is poised to grow at a CAGR of 7.0% percentage during the forecast period 2020-2025. Energy drinks are beverages that contain stimulant compounds such as taurine, caffeine, vitamins, glucuronolactone, proprietary blends, herbal extracts, and amino acids, which boost physical stamina and mental alertness. Energy drinks help to avoid dehydration during exercise. Initially, introduced under dietary supplements, but owing to characteristics to provide consumers with sustained energy and reduce physical and mental fatigue, they came under energy drink. Owing to the increasing income, rising sports activities and urbanization are the major reasons for market growth. An Enhanced network of convenience stores, supermarkets, and online channel is set to contribute, to the growth of the energy drinks market for the forecast period (2020-2025).Key Takeaways Geographically, North America's Energy Drinks market accounted for the highest revenue share in 2019 and it is poised to dominate during the forecast period 2020-2025 owing to the high demand. Energy drinks from being a niche product have transformed into one of the fastest-growing products in the drinks market. This is set to grow the market. Based on the age group, adults contributed to the highest market share in 2019, and the teenagers segment is set to grow for the forecast period 2020-2025. By Source - Segment AnalysisThe global Energy Drinks Market based on source has organic and Non-organic segments. The non-organic segment registers for the highest market share in 2019, and is set to continue for the forecast period (2020-2025). The organic segment is set to emerge owing to the growing consumer trend towards the importance of organic food and beverages in their dietary habits. This has positively influenced the segment demand in the industry. The organic and natural energy drinks market is set to increase in Europe and Asia-Pacific owing to increasing stringent regulations in the region.By Distribution Channel - Segment AnalysisThe Distribution Channel segment of Energy Drinks Market has offline and online segments. The offline segment Energy drinks dominated the global industry in the year 2020, owing to the well-established marketing channels and long-term collaborations with the sellers. Besides, easy to approach the consumers was the additional factor for the offline segment.The online segment is set to witness the highest CAGR growth with 6.4% over the forecast period 2020-2025, owing to shifting consumer preference towards direct selling and collaborations with supermarkets and other online retailers. The online segment is predominant by bulk discounts and additional investments for advertisements and promotions, which is poised to increase the market in the forecast period (2020-2025).By Geography - Segment AnalysisThe global Energy Drinks Market by geography had the dominant share in North America accounting for 43% of the market share in terms of revenue in 2019. North America has emerged as the key consumer of Energy Drinks products and estimated to remain the same in the forecast period 2020-2025. Asia-Pacific is a growing market for energy drinks, owing to the change in demographics and increasing disposable income. On the other hand, Europe is an emerging market, which is poised to grow at a healthy rate, owing to the combined increase in consumer adoption rate in the region and marketing efforts of the key players.Drivers - Energy Drinks Market Consumer-Oriented Advertisements The demand for Energy Drinks is driving forward owing to the increase in the consumer-oriented advertisements. Besides, the strategic adoption of companies for promoting their product through cross-promotional tactics such as integrating their product through sports events or advertising their product in connection with popular music icons are acting as drivers for supporting the growth of the energy drinks market.Challenges - Energy Drinks Market The Fluctuation of Raw Material Increasing government regulations in many countries, rising commodity prices, exchange rate fluctuations, and increasing electricity costs, have contributed to increased prices for these beverage categories, which is a challenge for companies in the industry.Energy Drinks Industry outlook:Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Energy Drinks Market. Key companies of this market are Heinz, GSK, Goldwin Healthcare, Power Horse, Nourish Co., Taisho Pharmaceutical Co Ltd., Monster Energy, Red Bull, PepsiCo, Coca-Cola, and others.Acquisitions/Product Launches: In June 2018, Vita Coco owner All Market Inc. acquired energy drink brand Runa. This acquisition is beneficial in providing eight flavours which rich in nutrients like flavonoids and polyphemols. In April 2019, Coca-Cola launched its first energy drink at United Kingdom region, which is beneficial in providing direct competition with top market leaders. The drink consist of caffeine from naturally derived sources guarana extracts and B vitamins and aim at young age groups. For more information about this report visit https://www.researchandmarkets.com/r/e0weuz 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:
Global Energy Drinks Markets Report 2020-2025 Featuring Key Players - Heinz, GSK, Goldwin Healthcare, Power Horse, Nourish, Taisho Pharmaceutical, Monster Energy, Red Bull, PepsiCo, Coca-Cola
DUBLIN, Nov. 16, 2020 /PRNewswire/ -- The "Energy Drinks Market - Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. Energy Drinks Market size was valued at $57.4 billion in 2020 and is poised to grow at a CAGR of 7.0% percentage during the forecast period 2020-2025. Energy drinks are beverages that contain stimulant compounds such as taurine, caffeine, vitamins, glucuronolactone, proprietary blends, herbal extracts, and amino acids, which boost physical stamina and mental alertness. Energy drinks help to avoid dehydration during exercise. Initially, introduced under dietary supplements, but owing to characteristics to provide consumers with sustained energy and reduce physical and mental fatigue, they came under energy drink. Owing to the increasing income, rising sports activities and urbanization are the major reasons for market growth. An Enhanced network of convenience stores, supermarkets, and online channel is set to contribute, to the growth of the energy drinks market for the forecast period (2020-2025).Key Takeaways Geographically, North America's Energy Drinks market accounted for the highest revenue share in 2019 and it is poised to dominate during the forecast period 2020-2025 owing to the high demand. Energy drinks from being a niche product have transformed into one of the fastest-growing products in the drinks market. This is set to grow the market. Based on the age group, adults contributed to the highest market share in 2019, and the teenagers segment is set to grow for the forecast period 2020-2025. By Source - Segment AnalysisThe global Energy Drinks Market based on source has organic and Non-organic segments. The non-organic segment registers for the highest market share in 2019, and is set to continue for the forecast period (2020-2025). The organic segment is set to emerge owing to the growing consumer trend towards the importance of organic food and beverages in their dietary habits. This has positively influenced the segment demand in the industry. The organic and natural energy drinks market is set to increase in Europe and Asia-Pacific owing to increasing stringent regulations in the region.By Distribution Channel - Segment AnalysisThe Distribution Channel segment of Energy Drinks Market has offline and online segments. The offline segment Energy drinks dominated the global industry in the year 2020, owing to the well-established marketing channels and long-term collaborations with the sellers. Besides, easy to approach the consumers was the additional factor for the offline segment.The online segment is set to witness the highest CAGR growth with 6.4% over the forecast period 2020-2025, owing to shifting consumer preference towards direct selling and collaborations with supermarkets and other online retailers. The online segment is predominant by bulk discounts and additional investments for advertisements and promotions, which is poised to increase the market in the forecast period (2020-2025).By Geography - Segment AnalysisThe global Energy Drinks Market by geography had the dominant share in North America accounting for 43% of the market share in terms of revenue in 2019. North America has emerged as the key consumer of Energy Drinks products and estimated to remain the same in the forecast period 2020-2025. Asia-Pacific is a growing market for energy drinks, owing to the change in demographics and increasing disposable income. On the other hand, Europe is an emerging market, which is poised to grow at a healthy rate, owing to the combined increase in consumer adoption rate in the region and marketing efforts of the key players.Drivers - Energy Drinks Market Consumer-Oriented Advertisements The demand for Energy Drinks is driving forward owing to the increase in the consumer-oriented advertisements. Besides, the strategic adoption of companies for promoting their product through cross-promotional tactics such as integrating their product through sports events or advertising their product in connection with popular music icons are acting as drivers for supporting the growth of the energy drinks market.Challenges - Energy Drinks Market The Fluctuation of Raw Material Increasing government regulations in many countries, rising commodity prices, exchange rate fluctuations, and increasing electricity costs, have contributed to increased prices for these beverage categories, which is a challenge for companies in the industry.Energy Drinks Industry outlook:Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Energy Drinks Market. Key companies of this market are Heinz, GSK, Goldwin Healthcare, Power Horse, Nourish Co., Taisho Pharmaceutical Co Ltd., Monster Energy, Red Bull, PepsiCo, Coca-Cola, and others.Acquisitions/Product Launches: In June 2018, Vita Coco owner All Market Inc. acquired energy drink brand Runa. This acquisition is beneficial in providing eight flavours which rich in nutrients like flavonoids and polyphemols. In April 2019, Coca-Cola launched its first energy drink at United Kingdom region, which is beneficial in providing direct competition with top market leaders. The drink consist of caffeine from naturally derived sources guarana extracts and B vitamins and aim at young age groups. For more information about this report visit https://www.researchandmarkets.com/r/e0weuz 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
edtsum7717
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--(BUSINESS WIRE)--Regulatory News: Conformment larticle 5 du Rglement europen n 596/2014 (Rglement MAR Market Abuse Regulation), les informations dtailles sont disponibles sur le site de Tikehau Capital (Paris:TKO) : https://www.tikehaucapital.com/fr/shareholders/regulatory-information Dclaration des transactions sur actions propres ralises du 20 novembre au 26 novembre 2020 Nom de l'metteur Code identifiant de l'metteur (code LEI) Jour de la transaction Code identifiant de l'instrument financier Volume total journalier (en nombre de titres) Prix pondr moyen journalier d'acquisition Code identifiant march TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 20/11/2020 FR0013230612 12,746 24.2186 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 20/11/2020 FR0013230612 744 24.3121 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 20/11/2020 FR0013230612 473 24.1702 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 20/11/2020 FR0013230612 5,088 24.3475 BATE TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/11/2020 FR0013230612 7,673 24.2039 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/11/2020 FR0013230612 873 24.1352 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/11/2020 FR0013230612 546 24.1000 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/11/2020 FR0013230612 5,409 24.2243 BATE TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 24/11/2020 FR0013230612 7,278 24.0487 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 24/11/2020 FR0013230612 850 24.0702 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 24/11/2020 FR0013230612 634 24.0467 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 24/11/2020 FR0013230612 5,369 24.0317 BATE TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 25/11/2020 FR0013230612 7,056 24.0058 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 25/11/2020 FR0013230612 1,218 24.0282 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 25/11/2020 FR0013230612 622 24.0310 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 25/11/2020 FR0013230612 4,932 24.0073 BATE TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/11/2020 FR0013230612 7,114 23.8064 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/11/2020 FR0013230612 1,043 23.7232 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/11/2020 FR0013230612 394 23.7462 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/11/2020 FR0013230612 4,891 23.7397 BATE TOTAL 74,953 24.0737 Answer:
Tikehau Capital : Dclaration des transactions sur actions propres ralises du 20 novembre au 26 novembre 2020
PARIS--(BUSINESS WIRE)--Regulatory News: Conformment larticle 5 du Rglement europen n 596/2014 (Rglement MAR Market Abuse Regulation), les informations dtailles sont disponibles sur le site de Tikehau Capital (Paris:TKO) : https://www.tikehaucapital.com/fr/shareholders/regulatory-information Dclaration des transactions sur actions propres ralises du 20 novembre au 26 novembre 2020 Nom de l'metteur Code identifiant de l'metteur (code LEI) Jour de la transaction Code identifiant de l'instrument financier Volume total journalier (en nombre de titres) Prix pondr moyen journalier d'acquisition Code identifiant march TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 20/11/2020 FR0013230612 12,746 24.2186 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 20/11/2020 FR0013230612 744 24.3121 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 20/11/2020 FR0013230612 473 24.1702 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 20/11/2020 FR0013230612 5,088 24.3475 BATE TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/11/2020 FR0013230612 7,673 24.2039 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/11/2020 FR0013230612 873 24.1352 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/11/2020 FR0013230612 546 24.1000 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/11/2020 FR0013230612 5,409 24.2243 BATE TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 24/11/2020 FR0013230612 7,278 24.0487 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 24/11/2020 FR0013230612 850 24.0702 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 24/11/2020 FR0013230612 634 24.0467 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 24/11/2020 FR0013230612 5,369 24.0317 BATE TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 25/11/2020 FR0013230612 7,056 24.0058 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 25/11/2020 FR0013230612 1,218 24.0282 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 25/11/2020 FR0013230612 622 24.0310 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 25/11/2020 FR0013230612 4,932 24.0073 BATE TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/11/2020 FR0013230612 7,114 23.8064 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/11/2020 FR0013230612 1,043 23.7232 CHIX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/11/2020 FR0013230612 394 23.7462 TRQX TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/11/2020 FR0013230612 4,891 23.7397 BATE TOTAL 74,953 24.0737
edtsum7719
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 "Global High Performance Computing (HPC) Chipset Market By Chip Type (Graphic Processing Unit (GPU), Central Processing Unit (CPU), Field Programmable Gate Array (FPGA) and Application Specific Integrated Circuit (ASIC)), By Region, Industry Analysis and F" report has been added to ResearchAndMarkets.com's offering. The Global High Performance Computing (HPC) Chipset Market size is expected to reach $12.7 billion by 2026, rising at a market growth of 20.8% CAGR during the forecast period. High-performance computing (HPC) can perform complicated calculations at high speeds and possesses the ability to process large datasets. The method of aggregating computing power is termed as high-performance computing. This technology offers much superior performance than traditional desktop computers or workstations to address big issues in engineering, business, or science. The global high-performance computing market is expected to be driven by many factors such as growing investments in artificial intelligence (AI), engineering, and the Industrial Internet of Things (IIoT), which requires electronic design automation (EDA). Moreover, various hardware providers are consistently investing in creating solutions that enhance these capabilities, which in turn, expected to augment the growth of the HPC chipset market over the upcoming years. The requirement to maintain consistent quality, combined with the increasing demand for short product development cycles (PLCs), is not possible to manage in real-time without using suitable tools & advanced technologies. The outbreak of the COVID-19 pandemic is expected to considerably impact the global HPC market. The growth of the market has hampered as numerous new ventures & projects across the world have been stopped. In addition, end-use industries are confronting with significant challenges due to this pandemic, which may decline the growth of the HPC chipset market. Majorly, manufacturing units & supply chains are disrupted across the world and hence, there is only a temporary impact of the COVID-19 pandemic on the HPC chipset market. Companies Profiled Unique Offerings from the Publisher Key Topics Covered: Chapter 1. Market Scope & Methodology Chapter 2. Market Overview 2.1 Introduction 2.1.1 Overview 2.1.2 Market Composition and Scenario 2.2 Key Factors Impacting the Market 2.2.1 Market Drivers 2.2.2 Market Restraints Chapter 3. Global High Performance Computing (HPC) Chipset Market by Chip Type 3.1 Global Graphic Processing Unit (GPU) High Performance Computing (HPC) Chipset Market by Region 3.2 Global Central Processing Unit (CPU) High Performance Computing (HPC) Chipset Market by Region 3.3 Global Field Programmable Gate Array (FPGA) High Performance Computing (HPC) Chipset Market by Region 3.4 Global Application Specific Integrated Circuit (ASIC) High Performance Computing (HPC) Chipset Market by Region Chapter 4. Global High Performance Computing (HPC) Chipset Market by Region 4.1 North America High Performance Computing (HPC) Chipset Market 4.2 Europe High Performance Computing (HPC) Chipset Market 4.3 Asia Pacific High Performance Computing (HPC) Chipset Market 4.4 LAMEA High Performance Computing (HPC) Chipset Market Chapter 5. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/9zvci6 Answer:
Outlook on the High Performance Computing (HPC) Chipset Global Market to 2026 - Key Industry Analysis and Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global High Performance Computing (HPC) Chipset Market By Chip Type (Graphic Processing Unit (GPU), Central Processing Unit (CPU), Field Programmable Gate Array (FPGA) and Application Specific Integrated Circuit (ASIC)), By Region, Industry Analysis and F" report has been added to ResearchAndMarkets.com's offering. The Global High Performance Computing (HPC) Chipset Market size is expected to reach $12.7 billion by 2026, rising at a market growth of 20.8% CAGR during the forecast period. High-performance computing (HPC) can perform complicated calculations at high speeds and possesses the ability to process large datasets. The method of aggregating computing power is termed as high-performance computing. This technology offers much superior performance than traditional desktop computers or workstations to address big issues in engineering, business, or science. The global high-performance computing market is expected to be driven by many factors such as growing investments in artificial intelligence (AI), engineering, and the Industrial Internet of Things (IIoT), which requires electronic design automation (EDA). Moreover, various hardware providers are consistently investing in creating solutions that enhance these capabilities, which in turn, expected to augment the growth of the HPC chipset market over the upcoming years. The requirement to maintain consistent quality, combined with the increasing demand for short product development cycles (PLCs), is not possible to manage in real-time without using suitable tools & advanced technologies. The outbreak of the COVID-19 pandemic is expected to considerably impact the global HPC market. The growth of the market has hampered as numerous new ventures & projects across the world have been stopped. In addition, end-use industries are confronting with significant challenges due to this pandemic, which may decline the growth of the HPC chipset market. Majorly, manufacturing units & supply chains are disrupted across the world and hence, there is only a temporary impact of the COVID-19 pandemic on the HPC chipset market. Companies Profiled Unique Offerings from the Publisher Key Topics Covered: Chapter 1. Market Scope & Methodology Chapter 2. Market Overview 2.1 Introduction 2.1.1 Overview 2.1.2 Market Composition and Scenario 2.2 Key Factors Impacting the Market 2.2.1 Market Drivers 2.2.2 Market Restraints Chapter 3. Global High Performance Computing (HPC) Chipset Market by Chip Type 3.1 Global Graphic Processing Unit (GPU) High Performance Computing (HPC) Chipset Market by Region 3.2 Global Central Processing Unit (CPU) High Performance Computing (HPC) Chipset Market by Region 3.3 Global Field Programmable Gate Array (FPGA) High Performance Computing (HPC) Chipset Market by Region 3.4 Global Application Specific Integrated Circuit (ASIC) High Performance Computing (HPC) Chipset Market by Region Chapter 4. Global High Performance Computing (HPC) Chipset Market by Region 4.1 North America High Performance Computing (HPC) Chipset Market 4.2 Europe High Performance Computing (HPC) Chipset Market 4.3 Asia Pacific High Performance Computing (HPC) Chipset Market 4.4 LAMEA High Performance Computing (HPC) Chipset Market Chapter 5. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/9zvci6
edtsum7743
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: BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in asset optimization software, today announced selected financial results for the first quarter of fiscal 2021 ended September 30, 2020. AspenTechs first quarter results were solid in the context of the challenging economic environment, said Antonio Pietri, President and Chief Executive Officer of Aspen Technology. Customers continued to make significant investments in AspenTechs solutions as an essential part of their digitalization and sustainability initiatives, which we believe will be a primary focus for the process and other capital intensive industries in the coming years. Pietri continued, With the recent introduction of aspenONE v12 and the Aspen AIoT Hub, we are dramatically extending the bounds of what is possible in plant operations. By embedding AI across our product portfolio, we are laying the foundation for the delivery of our self-optimizing plant vision. We believe these product announcements will drive substantial incremental value for customers and be an important long-term growth driver for AspenTech. Selected First Quarter Fiscal 2021 Business Highlights Update on 10-K and 10-Q Filing As previously announced, the company will be delaying the release of its full financial results for the first fiscal quarter due to the additional time needed to complete the process of filing its Annual Report on Form 10-K for the fiscal year ended June 30, 2020. On September 1, 2020, AspenTech filed a notification with the Securities and Exchange Commission on Form 12b-25 of its inability to timely file the 2020 Form 10-K due to AspenTechs need for additional time to complete its procedures to finalize the 2020 Form 10-K, which has taken longer than anticipated as a result of additional errors identified by AspenTech in the transition adjustment recorded in the prior fiscal year related to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). Based on what is known today, the company does not expect the errors to be material to its previously reported financial information. Because of the delay in filing its 2020 Form 10-K, AspenTech will be unable to timely file its Quarterly Report on Form 10-Q for the first quarter of fiscal 2021. AspenTech estimates that it will be able to complete and file the first quarter Form 10-Q within several weeks after filing the 2020 Form 10-K. Business Outlook Based on information as of today, November 5, 2020, Aspen Technology is reiterating guidance for the following metrics for fiscal year 2021: These statements are forward-looking and actual results may differ materially. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements. AspenTech has not reconciled its expectations as to non-GAAP items to their most directly comparable GAAP measure because certain items cannot be reasonably predicted. Use of Non-GAAP Financial Measures This press release refers to non-GAAP financial measures under the rules of the U.S. Securities and Exchange Commission. Certain of these non-GAAP measures exclude certain non-cash and non-recurring expenses such as stock-based compensation, amortization of intangibles and acquisition-related fees. Non-GAAP financial measures are not based on a comprehensive set of accounting rules or principles. This non-GAAP information supplements, and is not intended to represent a measure of performance in accordance with, disclosures required by generally accepted accounting principles, or GAAP. Non-GAAP financial measures should be considered in addition to, not as a substitute for or superior to, financial measures determined in accordance with GAAP. Management considers both GAAP and non-GAAP financial results in managing Aspen Technologys business. As the result of adoption of new licensing models, management believes that a number of Aspen Technologys performance indicators based on GAAP, including revenue, gross profit, operating income and net income, should be viewed in conjunction with certain non-GAAP and other business metrics in assessing Aspen Technologys performance, growth and financial condition. Accordingly, management utilizes a number of non-GAAP and other business metrics, including the non-GAAP metrics set forth in this press release, to track Aspen Technologys business performance. None of these non-GAAP metrics should be considered as an alternative to any measure of financial performance calculated in accordance with GAAP. Conference Call and Webcast Aspen Technology will host a conference call and webcast today, November 5, 2020, at 4:30 p.m. (Eastern Time), to discuss the company's selected financial results, provide a business outlook and other matters. The live dial-in number is (866) 471-3828 or (678) 509-7573, conference ID code 9472326. Interested parties may also listen to a live webcast of the call by logging on to the Investor Relations section of Aspen Technologys website, http://ir.aspentech.com/events-and-presentations, and clicking on the webcast link. A replay of the call will be archived on Aspen Technologys website and will also be available via telephone at (855) 859-2056 or (404) 537-3406, conference ID code 9472326, through November 12, 2020. About Aspen Technology Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modelling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster. Visit AspenTech.com to find out more. Forward-Looking Statements The second and third paragraphs of this press release as well as the Update on 10-K and 10-Q Filing and Business Outlook sections contain forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may vary significantly from AspenTechs expectations based on a number of risks and uncertainties, including, without limitation: delays or reductions in demand for AspenTech solutions due to the COVID-19 pandemic; AspenTechs failure to increase usage and product adoption of aspenONE offerings, including aspenONE v12 and the Aspen AIoT Hub, or grow the aspenONE APM business, and failure to continue to provide innovative, market-leading solutions; the demand for, or usage of, aspenONE software declines for any reason, including declines due to adverse changes in the process or other capital-intensive industries and due to the drop in demand for oil due to the COVID-19 pandemic, compounded by the excess supply arising from producers failure to agree on production cuts; unfavorable economic and market conditions or a lessening demand in the market for asset process optimization software, including due to the significant drop in oil prices arising from drop in demand due to the COVID-19 pandemic and producers failure to agree on production cuts; risks of foreign operations or transacting business with customers outside the United States; risks of competition and other risk factors described from time to time in AspenTechs periodic reports filed with the Securities and Exchange Commission. AspenTech cannot guarantee any future results, levels of activity, performance, or achievements. AspenTech expressly disclaims any obligation to update forward-looking statements after the date of this press release. 2020 Aspen Technology, Inc. aspenONE, AspenTech and the Aspen leaf logo are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners. Answer:
Aspen Technology Announces Selected Financial Results for the First Quarter of Fiscal 2021
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in asset optimization software, today announced selected financial results for the first quarter of fiscal 2021 ended September 30, 2020. AspenTechs first quarter results were solid in the context of the challenging economic environment, said Antonio Pietri, President and Chief Executive Officer of Aspen Technology. Customers continued to make significant investments in AspenTechs solutions as an essential part of their digitalization and sustainability initiatives, which we believe will be a primary focus for the process and other capital intensive industries in the coming years. Pietri continued, With the recent introduction of aspenONE v12 and the Aspen AIoT Hub, we are dramatically extending the bounds of what is possible in plant operations. By embedding AI across our product portfolio, we are laying the foundation for the delivery of our self-optimizing plant vision. We believe these product announcements will drive substantial incremental value for customers and be an important long-term growth driver for AspenTech. Selected First Quarter Fiscal 2021 Business Highlights Update on 10-K and 10-Q Filing As previously announced, the company will be delaying the release of its full financial results for the first fiscal quarter due to the additional time needed to complete the process of filing its Annual Report on Form 10-K for the fiscal year ended June 30, 2020. On September 1, 2020, AspenTech filed a notification with the Securities and Exchange Commission on Form 12b-25 of its inability to timely file the 2020 Form 10-K due to AspenTechs need for additional time to complete its procedures to finalize the 2020 Form 10-K, which has taken longer than anticipated as a result of additional errors identified by AspenTech in the transition adjustment recorded in the prior fiscal year related to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). Based on what is known today, the company does not expect the errors to be material to its previously reported financial information. Because of the delay in filing its 2020 Form 10-K, AspenTech will be unable to timely file its Quarterly Report on Form 10-Q for the first quarter of fiscal 2021. AspenTech estimates that it will be able to complete and file the first quarter Form 10-Q within several weeks after filing the 2020 Form 10-K. Business Outlook Based on information as of today, November 5, 2020, Aspen Technology is reiterating guidance for the following metrics for fiscal year 2021: These statements are forward-looking and actual results may differ materially. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements. AspenTech has not reconciled its expectations as to non-GAAP items to their most directly comparable GAAP measure because certain items cannot be reasonably predicted. Use of Non-GAAP Financial Measures This press release refers to non-GAAP financial measures under the rules of the U.S. Securities and Exchange Commission. Certain of these non-GAAP measures exclude certain non-cash and non-recurring expenses such as stock-based compensation, amortization of intangibles and acquisition-related fees. Non-GAAP financial measures are not based on a comprehensive set of accounting rules or principles. This non-GAAP information supplements, and is not intended to represent a measure of performance in accordance with, disclosures required by generally accepted accounting principles, or GAAP. Non-GAAP financial measures should be considered in addition to, not as a substitute for or superior to, financial measures determined in accordance with GAAP. Management considers both GAAP and non-GAAP financial results in managing Aspen Technologys business. As the result of adoption of new licensing models, management believes that a number of Aspen Technologys performance indicators based on GAAP, including revenue, gross profit, operating income and net income, should be viewed in conjunction with certain non-GAAP and other business metrics in assessing Aspen Technologys performance, growth and financial condition. Accordingly, management utilizes a number of non-GAAP and other business metrics, including the non-GAAP metrics set forth in this press release, to track Aspen Technologys business performance. None of these non-GAAP metrics should be considered as an alternative to any measure of financial performance calculated in accordance with GAAP. Conference Call and Webcast Aspen Technology will host a conference call and webcast today, November 5, 2020, at 4:30 p.m. (Eastern Time), to discuss the company's selected financial results, provide a business outlook and other matters. The live dial-in number is (866) 471-3828 or (678) 509-7573, conference ID code 9472326. Interested parties may also listen to a live webcast of the call by logging on to the Investor Relations section of Aspen Technologys website, http://ir.aspentech.com/events-and-presentations, and clicking on the webcast link. A replay of the call will be archived on Aspen Technologys website and will also be available via telephone at (855) 859-2056 or (404) 537-3406, conference ID code 9472326, through November 12, 2020. About Aspen Technology Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modelling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster. Visit AspenTech.com to find out more. Forward-Looking Statements The second and third paragraphs of this press release as well as the Update on 10-K and 10-Q Filing and Business Outlook sections contain forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may vary significantly from AspenTechs expectations based on a number of risks and uncertainties, including, without limitation: delays or reductions in demand for AspenTech solutions due to the COVID-19 pandemic; AspenTechs failure to increase usage and product adoption of aspenONE offerings, including aspenONE v12 and the Aspen AIoT Hub, or grow the aspenONE APM business, and failure to continue to provide innovative, market-leading solutions; the demand for, or usage of, aspenONE software declines for any reason, including declines due to adverse changes in the process or other capital-intensive industries and due to the drop in demand for oil due to the COVID-19 pandemic, compounded by the excess supply arising from producers failure to agree on production cuts; unfavorable economic and market conditions or a lessening demand in the market for asset process optimization software, including due to the significant drop in oil prices arising from drop in demand due to the COVID-19 pandemic and producers failure to agree on production cuts; risks of foreign operations or transacting business with customers outside the United States; risks of competition and other risk factors described from time to time in AspenTechs periodic reports filed with the Securities and Exchange Commission. AspenTech cannot guarantee any future results, levels of activity, performance, or achievements. AspenTech expressly disclaims any obligation to update forward-looking statements after the date of this press release. 2020 Aspen Technology, Inc. aspenONE, AspenTech and the Aspen leaf logo are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.
edtsum7752
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, March 4, 2021 /PRNewswire/ --While there are many research studies that reveal consumers' desire to buy products and services from companies that are having a positive impact on the world (Zeno Group's 2020 Strength of Purpose study, 2018 Cone-Porter Novelli Purpose Study), there are fewer studies connecting consumers' likelihood to purchase with specific causes in specific industries. In January, 2021, Cause Partners, a cause marketing consultancy, commissioned The Harris Poll to conduct a survey that investigated whether Americans who purchase prescription eyeglasses or contact lenses would be more likely to buy from a company that supported a specific cause. The online poll, which surveyed over 1,400 prescription eyewear purchasers, revealedthat 85% of consumers would be more likely to buy eyewear from a company if that company was involved in an effort to prevent childhood blindness. "This data further validates consumers' interest in companies that give back", said Dan Cohen, President of Cause Partners. "The numbers are clearsupporting a cause can achieve better business and greater good." These findings can help optical industry retailers align with a cause that strongly resonates with their customers. In addition to benefitting retailers, other companies and brands in the optical industry can look to this survey as evidence that consumers would strongly approve of any efforts undertaken to support the prevention of childhood blindness. Survey Method:This survey was conducted online within the United States by The Harris Poll on behalf ofCause Partnersfrom January 12-14, 2021 among 2,065U.S.adults ages 18 and older, among whom 1,482 purchase prescription eyeglasses or contact lenses. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables and subgroup sample sizes, please contactDan Cohen, President, Cause Partners: [emailprotected] About Cause Partners:Cause Partners is a boutique corporate and cause marketing consultancy based in Washington, D.C. Our decades of experience generating millions of dollars in revenue for both nonprofits and for-profits makes us uniquely qualified to bring the two worlds together in partnerships that do well and do good. Learn more at www.causepartners.com. About The Harris PollThe Harris Poll is one of the longest running surveys in the U.S. tracking public opinion, motivations and social sentiment since 1963 that is now part of Harris Insights & Analytics, a global consulting and market research firm. We strive to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. We work with clients in three primary areas; building twenty-first-century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. Our mission is to provide insights and advisory to help leaders make the best decisions possible. Learn more at www.theharrispoll.com. Contact: Dan Cohen, [emailprotected] SOURCE Cause Partners Related Links https://www.causepartners.com Answer:
New survey reveals 85% of prescription eyewear consumers more likely to buy from a company that supports the prevention of childhood blindness Latest Consumer Research Provides Valuable Insight for Optical Industry Companies
WASHINGTON, March 4, 2021 /PRNewswire/ --While there are many research studies that reveal consumers' desire to buy products and services from companies that are having a positive impact on the world (Zeno Group's 2020 Strength of Purpose study, 2018 Cone-Porter Novelli Purpose Study), there are fewer studies connecting consumers' likelihood to purchase with specific causes in specific industries. In January, 2021, Cause Partners, a cause marketing consultancy, commissioned The Harris Poll to conduct a survey that investigated whether Americans who purchase prescription eyeglasses or contact lenses would be more likely to buy from a company that supported a specific cause. The online poll, which surveyed over 1,400 prescription eyewear purchasers, revealedthat 85% of consumers would be more likely to buy eyewear from a company if that company was involved in an effort to prevent childhood blindness. "This data further validates consumers' interest in companies that give back", said Dan Cohen, President of Cause Partners. "The numbers are clearsupporting a cause can achieve better business and greater good." These findings can help optical industry retailers align with a cause that strongly resonates with their customers. In addition to benefitting retailers, other companies and brands in the optical industry can look to this survey as evidence that consumers would strongly approve of any efforts undertaken to support the prevention of childhood blindness. Survey Method:This survey was conducted online within the United States by The Harris Poll on behalf ofCause Partnersfrom January 12-14, 2021 among 2,065U.S.adults ages 18 and older, among whom 1,482 purchase prescription eyeglasses or contact lenses. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables and subgroup sample sizes, please contactDan Cohen, President, Cause Partners: [emailprotected] About Cause Partners:Cause Partners is a boutique corporate and cause marketing consultancy based in Washington, D.C. Our decades of experience generating millions of dollars in revenue for both nonprofits and for-profits makes us uniquely qualified to bring the two worlds together in partnerships that do well and do good. Learn more at www.causepartners.com. About The Harris PollThe Harris Poll is one of the longest running surveys in the U.S. tracking public opinion, motivations and social sentiment since 1963 that is now part of Harris Insights & Analytics, a global consulting and market research firm. We strive to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. We work with clients in three primary areas; building twenty-first-century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. Our mission is to provide insights and advisory to help leaders make the best decisions possible. Learn more at www.theharrispoll.com. Contact: Dan Cohen, [emailprotected] SOURCE Cause Partners Related Links https://www.causepartners.com
edtsum7755
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: BIRMINGHAM, Ala., Feb. 11, 2021 /PRNewswire/ --Hibbett Sports (NASDAQ:HIBB), the Birmingham-based premium athleisure and footwear retailer operating more than 1,000 stores nationwide, today announced the opening of the newest Hibbett Sports location in Columbia, located at; 2734 Decker Blvd in the Fashion Place Shopping Center. "We are excited to expand our brand in the Columbia community and welcome sneakerheads, families and sports enthusiasts alike into our new store," said Ricardo Rawlinson, Head Coach, Hibbett Sports. The new 5,000 square foot boutique-style store featuresan open-concept and easy navigation of newly released, exclusive and hard-to-find footwear, athletic apparel and equipment from brands like Nike, Jordan, adidas and more.The unique store design includes multiple mannequins showcasing stylist curated head-to-toe outfits to inspire customers while they shop. There are also phone charging stations and other upscale amenities for customers to enjoy along with the exceptional customer service Hibbett is known for. The new store offers convenient shopping options such as; such as Buy Online Pick Up In Store, Reserve Online Pick Up In Store and Curbside Pick Up, making it easy for consumers to find exactly what they want, when they want it. This is the second Hibbett Sports location in Columbia and thepublic is invited to attend a Grand Opening party on February 13, 2021 from 11am 1pm. There will be door prizes, special promotions and fun for all. About Hibbett Sports Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with nearly 1,100 Hibbett Sports and City Gear specialty stores, located in 35 states nationwide. Hibbett has a rich history of serving customers for more than 75 years with convenient locations, personalized service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visitingwww.hibbett.com.Follow us on Facebook, Instagram and Twitter @hibbettsports and @citygear. Media Contact: Wendy Yellin Phone: 925-519-3363 email: [emailprotected] or [emailprotected] SOURCE Hibbett Sporting Goods Inc. Related Links http://www.hibbett.com Answer:
Newest Hibbett Sports Now Open For Business In Columbia
BIRMINGHAM, Ala., Feb. 11, 2021 /PRNewswire/ --Hibbett Sports (NASDAQ:HIBB), the Birmingham-based premium athleisure and footwear retailer operating more than 1,000 stores nationwide, today announced the opening of the newest Hibbett Sports location in Columbia, located at; 2734 Decker Blvd in the Fashion Place Shopping Center. "We are excited to expand our brand in the Columbia community and welcome sneakerheads, families and sports enthusiasts alike into our new store," said Ricardo Rawlinson, Head Coach, Hibbett Sports. The new 5,000 square foot boutique-style store featuresan open-concept and easy navigation of newly released, exclusive and hard-to-find footwear, athletic apparel and equipment from brands like Nike, Jordan, adidas and more.The unique store design includes multiple mannequins showcasing stylist curated head-to-toe outfits to inspire customers while they shop. There are also phone charging stations and other upscale amenities for customers to enjoy along with the exceptional customer service Hibbett is known for. The new store offers convenient shopping options such as; such as Buy Online Pick Up In Store, Reserve Online Pick Up In Store and Curbside Pick Up, making it easy for consumers to find exactly what they want, when they want it. This is the second Hibbett Sports location in Columbia and thepublic is invited to attend a Grand Opening party on February 13, 2021 from 11am 1pm. There will be door prizes, special promotions and fun for all. About Hibbett Sports Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with nearly 1,100 Hibbett Sports and City Gear specialty stores, located in 35 states nationwide. Hibbett has a rich history of serving customers for more than 75 years with convenient locations, personalized service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visitingwww.hibbett.com.Follow us on Facebook, Instagram and Twitter @hibbettsports and @citygear. Media Contact: Wendy Yellin Phone: 925-519-3363 email: [emailprotected] or [emailprotected] SOURCE Hibbett Sporting Goods Inc. Related Links http://www.hibbett.com
edtsum7760
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)--The new high-pressure processing (HPP) equipment market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads. Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the high-pressure processing (HPP) equipment market. Download free report sample "One of the primary growth drivers for this market is the growing need to reduce food contamination, says a senior analyst for Industrials at Technavio. The growing focus on reducing food contamination has compelled players in the F&B industry to adopt advanced technologies to ensure optimum food safety. HPP equipment protects food products from bacteria by subjecting them to high pressure. Also, HPP is a natural process that uses purified cold water to neutralize foodborne pathogens without preservatives and chemicals. Such benefits have increased the adoption of HPP equipment in the food processing industry, which is driving market growth. As the markets recover Technavio expects the high-pressure processing (HPP) equipment market size to grow by USD 209.45 million during the period 2020-2024". High-pressure Processing (HPP) Equipment Market Segment Highlights for 2020 Regional Analysis Click here to learn about report detailed analysis and insights on how you can leverage them to grow your business. Notes: Register for a free trial today to access 17,000+ market research reports using Technavio's SUBSCRIPTION platform 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:
High-Pressure Processing Equipment Market to Grow Over $ 209 Million During 2020-2024 | Led by Need to Reduce Food Contamination | Technavio
LONDON--(BUSINESS WIRE)--The new high-pressure processing (HPP) equipment market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads. Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the high-pressure processing (HPP) equipment market. Download free report sample "One of the primary growth drivers for this market is the growing need to reduce food contamination, says a senior analyst for Industrials at Technavio. The growing focus on reducing food contamination has compelled players in the F&B industry to adopt advanced technologies to ensure optimum food safety. HPP equipment protects food products from bacteria by subjecting them to high pressure. Also, HPP is a natural process that uses purified cold water to neutralize foodborne pathogens without preservatives and chemicals. Such benefits have increased the adoption of HPP equipment in the food processing industry, which is driving market growth. As the markets recover Technavio expects the high-pressure processing (HPP) equipment market size to grow by USD 209.45 million during the period 2020-2024". High-pressure Processing (HPP) Equipment Market Segment Highlights for 2020 Regional Analysis Click here to learn about report detailed analysis and insights on how you can leverage them to grow your business. Notes: Register for a free trial today to access 17,000+ market research reports using Technavio's SUBSCRIPTION platform 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.
edtsum7763
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, Oct. 1, 2020 /PRNewswire/ -- Hispanic and Latinx Heritage month is going strong and CheapOair's celebration also continues with a series of cultural spotlights, blog posts, and travel tips that honor Hispanic, Latino, and Latinx heritages. This week, the travel experts at CheapOair offer their recommendations for travelers looking to experience the importance of U.S. Hispanic culture first-hand. Please note:Due to travel restrictions as a result of Covid-19, please check local state safety guides, location websites, and CDC guidelines before visiting any of these sites. Csar E. Chvez National Monument Keene, CaliforniaAs one of the most prolific figures in 20th century Hispanic history, Csar Chvez was a powerful voice for the plight of agricultural workers across the U.S. As a result of his leadership, the United Farm Workers of America was established and became the country's first permanent agricultural union. Nearest Airport:Visalia Municipal Airport La Villita San Antonio, TexasThis unique village-turned-arts-community is located on the south bank of the San Antonio River Walk and is chock full of Hispanic history and artifacts. With Mexican folk art, handmade jewelry, and beautiful architecture, this destination is a must-visit for anyone who loves immersing themselves in history and culture. Nearest Airport:San Antonio International Airport Sangre de Cristo National Heritage Area - Colorado's San Luis Valley, ColoradoThe Sangre de Cristo National Heritage Area, which is an expansive 3,000 square miles of south-central Colorado, exists as a testament of the strength and determination of 19th century Hispanic settlers. The ranch of Teofilo Trujillo, known as the Trujillo Homestead, is a still-standing log cabin and property of one of the families who struggled and triumphed while navigating their way through what was then a brand-new territory. Nearest Airport:San Luis Valley Regional Airport About CheapOairCheapOairis an online travel agency that specializes in providing cheap flights and great last-minute flight deals for travelers worldwide. Consumers can book online, on mobile apps for iOSand Android, by phone (1-646-738-4820) or live chat. Part of Fareportal'sfamily of travel brands, CheapOair bridges the gap between an online travel agency and a traditional agency with certified travel agents available to help find flight tickets to global destinations on over 600 airlines, a million hotels, and 100s of car rental companies. Follow CheapOair on Facebook, Twitter, Instagram, and Pinterestto learn how to travel the world for less. SOURCE CheapOair Related Links http://www.cheapoair.com Answer:
CheapOair Recommends the U.S. Hispanic Sites Everyone Should Visit
NEW YORK, Oct. 1, 2020 /PRNewswire/ -- Hispanic and Latinx Heritage month is going strong and CheapOair's celebration also continues with a series of cultural spotlights, blog posts, and travel tips that honor Hispanic, Latino, and Latinx heritages. This week, the travel experts at CheapOair offer their recommendations for travelers looking to experience the importance of U.S. Hispanic culture first-hand. Please note:Due to travel restrictions as a result of Covid-19, please check local state safety guides, location websites, and CDC guidelines before visiting any of these sites. Csar E. Chvez National Monument Keene, CaliforniaAs one of the most prolific figures in 20th century Hispanic history, Csar Chvez was a powerful voice for the plight of agricultural workers across the U.S. As a result of his leadership, the United Farm Workers of America was established and became the country's first permanent agricultural union. Nearest Airport:Visalia Municipal Airport La Villita San Antonio, TexasThis unique village-turned-arts-community is located on the south bank of the San Antonio River Walk and is chock full of Hispanic history and artifacts. With Mexican folk art, handmade jewelry, and beautiful architecture, this destination is a must-visit for anyone who loves immersing themselves in history and culture. Nearest Airport:San Antonio International Airport Sangre de Cristo National Heritage Area - Colorado's San Luis Valley, ColoradoThe Sangre de Cristo National Heritage Area, which is an expansive 3,000 square miles of south-central Colorado, exists as a testament of the strength and determination of 19th century Hispanic settlers. The ranch of Teofilo Trujillo, known as the Trujillo Homestead, is a still-standing log cabin and property of one of the families who struggled and triumphed while navigating their way through what was then a brand-new territory. Nearest Airport:San Luis Valley Regional Airport About CheapOairCheapOairis an online travel agency that specializes in providing cheap flights and great last-minute flight deals for travelers worldwide. Consumers can book online, on mobile apps for iOSand Android, by phone (1-646-738-4820) or live chat. Part of Fareportal'sfamily of travel brands, CheapOair bridges the gap between an online travel agency and a traditional agency with certified travel agents available to help find flight tickets to global destinations on over 600 airlines, a million hotels, and 100s of car rental companies. Follow CheapOair on Facebook, Twitter, Instagram, and Pinterestto learn how to travel the world for less. SOURCE CheapOair Related Links http://www.cheapoair.com
edtsum7765
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, May 11, 2020 /PRNewswire/ --Store brands posted double-digit sales increases across U.S. supermarkets, discounters, and drug stores as shoppers stocked up on products during the first stages of the coronavirus pandemic. Nielsen reports that first quarter dollar sales of private label products across all retail outlets compared to the year before climbed nearly 15% during the first quarter, up $4.9 billion. Unit volume increased nearly 13%, representing a gain of around 1.5 billion products sold. Total dollar sales of store brands in the first quarter were $38.4 billion and units were 13.2 billion. Store brands more than held their own against the national brands. During the quarter, private label gained about one third more in both dollar and unit sales than national brands, according to data provided to the Private Label Manufacturers Association by Nielsen. In all U.S. retail outlets, store brands grew +14.6% in dollar volume and +12.8% in unit volume, compared to gains of +11.5% in dollars and +9.2% in units for national brands. Private label manufacturers, meanwhile, are making some significant operational changes to cope with the rising demand. In certain categories, such as paper goods, over-the counter medicines, and hand sanitizers, factories are operating 24-hours a day, seven days a week. Some companies are creating fair share allocations for high-demand products, while many are simplifying SKU offerings, extending lead times to build inventories, and retooling to be more efficient for growing e-commerce business. Among the retail channels, the strongest gains for store brands occurred in mass, which consists of mass merchandisers, club, and dollar stores. Store brands gained +16.6% in dollar sales and +16.5% in unit sales compared to the same quarter in 2019. That expansion surpassed national brands, which advanced +10.1% in dollars and +7.3% in units. As a result, store brands market shares increased by 1.2 points in dollars to 21.7%, and 1.5 points in units to 25.8%, as compared to the same quarter a year ago. In supermarkets, store brands also increased, up +12.7% in dollar volume and +9.7% in unit volume. National brands did slightly better, up +15% in dollars and up +11.4% in units. Store brands market shares were unchanged for the quarter, at 18% of dollars and 22.3% of units. In drug stores, where sales of all brands have had rough going the past few years, store brands did quite well. Dollar sales were up +13% and unit sales were ahead +12.4%, both substantially better than national brands, which were up +7% and +1%, respectively. When compared to the first quarter of 2019, store brands share moved up about one full point to 17% of dollars and to 15.9% of units. PLMA President Brian Sharoff said "There's no doubt that shopper behavior was highly influenced by consumer fears. Nonetheless the statistics point to greater acceptance of retailer brands as the coronavirus crisis evolves." SOURCE Private Label Manufacturers Association Related Links http://www.plma.com Answer:
Nielsen first quarter numbers show growth of store brands as shoppers stock up during crisis
NEW YORK, May 11, 2020 /PRNewswire/ --Store brands posted double-digit sales increases across U.S. supermarkets, discounters, and drug stores as shoppers stocked up on products during the first stages of the coronavirus pandemic. Nielsen reports that first quarter dollar sales of private label products across all retail outlets compared to the year before climbed nearly 15% during the first quarter, up $4.9 billion. Unit volume increased nearly 13%, representing a gain of around 1.5 billion products sold. Total dollar sales of store brands in the first quarter were $38.4 billion and units were 13.2 billion. Store brands more than held their own against the national brands. During the quarter, private label gained about one third more in both dollar and unit sales than national brands, according to data provided to the Private Label Manufacturers Association by Nielsen. In all U.S. retail outlets, store brands grew +14.6% in dollar volume and +12.8% in unit volume, compared to gains of +11.5% in dollars and +9.2% in units for national brands. Private label manufacturers, meanwhile, are making some significant operational changes to cope with the rising demand. In certain categories, such as paper goods, over-the counter medicines, and hand sanitizers, factories are operating 24-hours a day, seven days a week. Some companies are creating fair share allocations for high-demand products, while many are simplifying SKU offerings, extending lead times to build inventories, and retooling to be more efficient for growing e-commerce business. Among the retail channels, the strongest gains for store brands occurred in mass, which consists of mass merchandisers, club, and dollar stores. Store brands gained +16.6% in dollar sales and +16.5% in unit sales compared to the same quarter in 2019. That expansion surpassed national brands, which advanced +10.1% in dollars and +7.3% in units. As a result, store brands market shares increased by 1.2 points in dollars to 21.7%, and 1.5 points in units to 25.8%, as compared to the same quarter a year ago. In supermarkets, store brands also increased, up +12.7% in dollar volume and +9.7% in unit volume. National brands did slightly better, up +15% in dollars and up +11.4% in units. Store brands market shares were unchanged for the quarter, at 18% of dollars and 22.3% of units. In drug stores, where sales of all brands have had rough going the past few years, store brands did quite well. Dollar sales were up +13% and unit sales were ahead +12.4%, both substantially better than national brands, which were up +7% and +1%, respectively. When compared to the first quarter of 2019, store brands share moved up about one full point to 17% of dollars and to 15.9% of units. PLMA President Brian Sharoff said "There's no doubt that shopper behavior was highly influenced by consumer fears. Nonetheless the statistics point to greater acceptance of retailer brands as the coronavirus crisis evolves." SOURCE Private Label Manufacturers Association Related Links http://www.plma.com
edtsum7778
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: BERWYN, Pa., Oct. 16, 2020 /PRNewswire/ --RM LAW, P.C.announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Portland General Electric Company ("Portland General Electric" or the "Company") (NYSE: POR) securities during the period from April 24, 2020 through August 24, 2020 inclusive (the "Class Period"). Portland General Electric shareholders may, no later than November 2, 2020, move the Court for appointment as a lead plaintiff of the Class. If you purchased shares of Portland General Electric and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here. The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) PGE lacked effective internal controls over its energy trading practices; (2) PGE personnel had entered energy trades during 2020, with increasing volume accumulating late in the second quarter and into the third quarter, that created significant negative financial exposure for PGE; (3) as a result, the Company was reasonably likely to incur significant losses; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you are a member of the class, you may, no later than November 2, 2020, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain RM LAW, P.C. or other counsel of your choice, to serve as your counsel in this action. For more information regarding this, please contact RM LAW, P.C. (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at [emailprotected]or click here. For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here. RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide. CONTACT: RM LAW, P.C. Richard A. Maniskas, Esquire 1055 Westlakes Dr., Ste. 300 Berwyn, PA 19312 484-324-6800 844-291-9299 [emailprotected] SOURCE RM LAW, P.C. Related Links http://www.rmclasslaw.com Answer:
RM LAW Announces Class Action Lawsuit Against Portland General Electric Company
BERWYN, Pa., Oct. 16, 2020 /PRNewswire/ --RM LAW, P.C.announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Portland General Electric Company ("Portland General Electric" or the "Company") (NYSE: POR) securities during the period from April 24, 2020 through August 24, 2020 inclusive (the "Class Period"). Portland General Electric shareholders may, no later than November 2, 2020, move the Court for appointment as a lead plaintiff of the Class. If you purchased shares of Portland General Electric and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here. The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) PGE lacked effective internal controls over its energy trading practices; (2) PGE personnel had entered energy trades during 2020, with increasing volume accumulating late in the second quarter and into the third quarter, that created significant negative financial exposure for PGE; (3) as a result, the Company was reasonably likely to incur significant losses; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you are a member of the class, you may, no later than November 2, 2020, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain RM LAW, P.C. or other counsel of your choice, to serve as your counsel in this action. For more information regarding this, please contact RM LAW, P.C. (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at [emailprotected]or click here. For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here. RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide. CONTACT: RM LAW, P.C. Richard A. Maniskas, Esquire 1055 Westlakes Dr., Ste. 300 Berwyn, PA 19312 484-324-6800 844-291-9299 [emailprotected] SOURCE RM LAW, P.C. Related Links http://www.rmclasslaw.com
edtsum7781
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--(BUSINESS WIRE)--Pinnacle West Capital Corp. (NYSE: PNW) announced today that it plans to release its 2020 third-quarter financial results before the U.S. financial markets open on Friday, Oct. 30, 2020. That same day at noon ET (9 a.m. Arizona time), management will host a live webcast and conference call to discuss financial results and recent developments. To access the live session: To access the replay: Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of approximately $19 billion, about 6,300 megawatts of generating capacity, and 6,200 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to nearly 1.3 million Arizona homes and businesses. For more information about Pinnacle West, visit the companys website at pinnaclewest.com. Answer:
Pinnacle West Sets Date for 2020 Third-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. (NYSE: PNW) announced today that it plans to release its 2020 third-quarter financial results before the U.S. financial markets open on Friday, Oct. 30, 2020. That same day at noon ET (9 a.m. Arizona time), management will host a live webcast and conference call to discuss financial results and recent developments. To access the live session: To access the replay: Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of approximately $19 billion, about 6,300 megawatts of generating capacity, and 6,200 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to nearly 1.3 million Arizona homes and businesses. For more information about Pinnacle West, visit the companys website at pinnaclewest.com.
edtsum7785
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, Sept. 30, 2020 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2020. Updated OutlookAgainst a backdrop of lower industry volumes across rates, foreign exchange, and credit,1 BGC's revenue and pre-tax Adjusted Earnings for the third quarter of 2020 are now expected to be between the mid-point and the low-end of the range of its previously stated outlook.The Company's outlook was contained in BGC's financial results press release issued on July 30, 2020, which can be found at http://ir.bgcpartners.com. Non-GAAP Financial Measures This document contains non-GAAP financial measures that differ from the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles in the United States ("GAAP"). Non-GAAP financial measures used by the Company include "Adjusted Earnings before noncontrolling interests and taxes", which is used interchangeably with "pre-tax Adjusted Earnings"; "Post-tax Adjusted Earnings to fully diluted shareholders", which is used interchangeably with "post-tax Adjusted Earnings"; "Adjusted EBITDA"; and "Liquidity". The definitions of these terms are below. Adjusted Earnings DefinedBGC uses non-GAAP financial measures, including "Adjusted Earnings before noncontrolling interests and taxes" and "Post-tax Adjusted Earnings to fully diluted shareholders", which are supplemental measures of operating results used by management to evaluate the financial performance of the Company and its consolidated subsidiaries. BGC believes that Adjusted Earnings best reflect the operating earnings generated by the Company on a consolidated basis and are the earnings which management considers when managing its business. As compared with "Income (loss) from operations before income taxes" and "Net income (loss) for fully diluted shares", both prepared in accordance with GAAP, Adjusted Earnings calculations primarily exclude certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash by the Company and/or which do not dilute existing stockholders. In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC. Adjusted Earnings is calculated by taking the most comparable GAAP measures and adjusting for certain items with respect to compensation expenses, non-compensation expenses, and other income, as discussed below. Calculations of Compensation Adjustments for Adjusted Earnings and Adjusted EBITDA Treatment of Equity-Based Compensation Line Item for Adjusted Earnings and Adjusted EBITDAThe Company's Adjusted Earnings and Adjusted EBITDA measures exclude all GAAP charges included in the line item "Equity-based compensation and allocations of net income to limited partnership units and FPUs" (or "equity-based compensation" for purposes of defining the Company's non-GAAP results) as recorded on the Company's GAAP Consolidated Statements of Operations and GAAP Consolidated Statements of Cash Flows. These GAAP equity-based compensation charges reflect the following items: * Charges with respect to grants of exchangeability, which reflect the right of holders of limited partnership units with no capital accounts, such as LPUs and PSUs, to exchange these units into shares of common stock, or into partnership units with capital accounts, such as HDUs, as well as cash paid with respect to taxes withheld or expected to be owed by the unit holder upon such exchange. The withholding taxes related to the exchange of certain non-exchangeable units without a capital account into either common shares or units with a capital account may be funded by the redemption of preferred units such as PPSUs. * Charges with respect to preferred units. Any preferred units would not be included in the Company's fully diluted share count because they cannot be made exchangeable into shares of common stock and are entitled only to a fixed distribution. Preferred units are granted in connection with the grant of certain limited partnership units that may be granted exchangeability or redeemed in connection with the grant of shares of common stock at ratios designed to cover any withholding taxes expected to be paid. This is an alternative to the common practice among public companies of issuing the gross amount of shares to employees, subject to cashless withholding of shares, to pay applicable withholding taxes. * GAAP equity-based compensation charges with respect to the grant of an offsetting amount of common stock or partnership units with capital accounts in connection with the redemption of non-exchangeable units, including PSUs and LPUs.* Charges related to amortization of RSUs and limited partnership units.* Charges related to grants of equity awards, including common stock or partnership units with capital accounts.* Allocations of net income to limited partnership units and FPUs. Such allocations represent the pro-rata portion of post-tax GAAP earnings available to such unit holders. The amounts of certain quarterly equity-based compensationcharges are based upon the Company's estimate of such expected charges during the annual period, as described further below under "Methodology for Calculating Adjusted Earnings Taxes." Virtually all of BGC's key executives and producers have equity or partnership stakes in the Company and its subsidiaries and generally receive deferred equity or limited partnership units as part of their compensation. A significant percentage of BGC's fully diluted shares are owned by its executives, partners and employees. The Company issues limited partnership units as well as other forms of equity-based compensation, including grants of exchangeability into shares of common stock, to provide liquidity to its employees, to align the interests of its employees and management with those of common stockholders, to help motivate and retain key employees, and to encourage a collaborative culture that drives cross-selling and revenue growth. All share equivalents that are part of the Company's equity-based compensation program, including REUs, PSUs, LPUs, HDUs, and other unitsthat may be made exchangeable into common stock, as well as RSUs (which are recorded using the treasury stock method), are included in the fully diluted share count when issued or at the beginning of the subsequent quarter after the date of grant. Generally, limited partnership units other than preferred unitsare expected to be paid a pro-rata distribution based on BGC's calculation of Adjusted Earnings per fully diluted share. However, out of an abundance of caution and in order to strengthen the Company's balance sheet due the uncertain macroeconomic conditions with respect to the COVID-19 pandemic, BGC Holdings, L.P. has reduced its distributions of income from the operations of BGC's businesses to its partners. Compensation charges are also adjusted for certain other cash and non-cash items, including those related to the amortization of GFI employee forgivable loans granted prior to the closing of the January 11, 2016 back-end merger with GFI. Certain Other Compensation-Related Adjustments for Adjusted Earnings BGC also excludes various other GAAP items that management views as not reflective of the Company's underlying performance in a given period from its calculation of Adjusted Earnings. These may include compensation-related items with respect to cost-saving initiatives, such as severance charges incurred in connection with headcount reductions as part of broad restructuring and/or cost savings plans. Calculation of Non-Compensation Adjustments for Adjusted Earnings Adjusted Earnings calculations may also exclude items such as: * Non-cash GAAP charges related to the amortization of intangibles with respect to acquisitions; * Acquisition related costs;* Certain rent charges;* Non-cash GAAP asset impairment charges; and* Various other GAAP items that management views as not reflective of the Company's underlying performance in a given period, including non-compensation-related charges incurred as part of broad restructuring and/or cost savings plans. Such GAAP items may include charges for exiting leases and/or other long-term contracts as part of cost-saving initiatives, as well as non-cash impairment charges related to assets, goodwill and/or intangibles created from acquisitions. Calculation of Adjustments for Other (income) losses for Adjusted Earnings Adjusted Earnings calculations also exclude certain other non-cash, non-dilutive, and/or non-economic items, which may, in some periods, include: * Gains or losses on divestitures; * Fair value adjustment of investments;* Certain other GAAP items, including gains or losses related to BGC's investments accounted for under the equity method; and * Any unusual, one-time, non-ordinary, or non-recurring gains or losses. Methodology for Calculating Adjusted Earnings Taxes Although Adjusted Earnings are calculated on a pre-tax basis, BGC also reports post-tax Adjusted Earnings to fully diluted shareholders. The Company defines post-tax Adjusted Earnings to fully diluted shareholders as pre-tax Adjusted Earnings reduced by the non-GAAP tax provision described below and net income (loss) attributable to noncontrolling interest for Adjusted Earnings. The Company calculates its tax provision for post-tax Adjusted Earnings using an annual estimate similar to how it accounts for its income tax provision under GAAP. To calculate the quarterly tax provision under GAAP, BGC estimates its full fiscal year GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries and the expected inclusions and deductions for income tax purposes, including expected equity-based compensation during the annual period. The resulting annualized tax rate is applied to BGC's quarterly GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries. At the end of the annual period, the Company updates its estimate to reflect the actual tax amounts owed for the period. To determine the non-GAAP tax provision, BGC first adjusts pre-tax Adjusted Earnings by recognizing any, and only, amounts for which a tax deduction applies under applicable law. The amounts include charges with respect to equity-based compensation; certain charges related to employee loan forgiveness; certain net operating loss carryforwards when taken for statutory purposes; and certain charges related to tax goodwill amortization. These adjustments may also reflect timing and measurement differences, including treatment of employee loans; changes in the value of units between the dates of grants of exchangeability and the date of actual unit exchange; variations in the value of certain deferred tax assets; and liabilities and the different timing of permitted deductions for tax under GAAP and statutory tax requirements. After application of these adjustments, the result is the Company's taxable income for its pre-tax Adjusted Earnings, to which BGC then applies the statutory tax rates to determine its non-GAAP tax provision. BGC views the effective tax rate on pre-tax Adjusted Earnings as equal to the amount of its non-GAAP tax provision divided by the amount of pre-tax Adjusted Earnings. Generally, the most significant factor affecting this non-GAAP tax provision is the amount of charges relating to equity-based compensation. Because the charges relating to equity-based compensation are deductible in accordance with applicable tax laws, increases in such charges have the effect of lowering the Company's non-GAAP effective tax rate and thereby increasing its post-tax Adjusted Earnings. BGC incurs income tax expenses based on the location, legal structure and jurisdictional taxing authorities of each of its subsidiaries. Certain of the Company's entities are taxed as U.S. partnerships and are subject to the Unincorporated Business Tax ("UBT") in New York City. Any U.S. federal and state income tax liability or benefit related to the partnership income or loss, with the exception of UBT, rests with the unit holders rather than with the partnership entity. The Company's consolidated financial statements include U.S. federal, state, and local income taxes on the Company's allocable share of the U.S. results of operations. Outside of the U.S., BGC is expected to operate principally through subsidiary corporations subject to local income taxes. For these reasons, taxes for Adjusted Earnings are expected to be presented to show the tax provision the consolidated Company would expect to pay if 100 percent of earnings were taxed at global corporate rates. Calculations of Pre- and Post-Tax Adjusted Earnings per ShareBGC's pre- and post-tax Adjusted Earnings per share calculations assume either that: * The fully diluted share count includes the shares related to any dilutive instruments, but excludes the associated expense, net of tax, when the impact would be dilutive; or* The fully diluted share count excludes the shares related to these instruments, but includes the associated expense, net of tax. The share count for Adjusted Earnings excludes certain shares and share equivalents expected to be issued in future periods but not yet eligible to receive dividends and/or distributions. Each quarter, the dividend payable to BGC's stockholders, if any, is expected to be determined by the Company's Board of Directors with reference to a number of factors, including post-tax Adjusted Earnings per share. BGC may also pay a pro-rata distribution of net income to limited partnership units, as well as to Cantor for its noncontrolling interest. The amount of this net income, and therefore of these payments per unit, would be determined using the above definition of Adjusted Earnings per share on a pre-tax basis. The declaration, payment, timing, and amount of any future dividends payable by the Company will be at the discretion of its Board of Directors using the fully diluted share count. For more information on any share count adjustments, see the table titled "Fully Diluted Weighted-Average Share Count under GAAP and for Adjusted Earnings". Management Rationale for Using Adjusted Earnings BGC's calculation of Adjusted Earnings excludes the items discussed above because they are either non-cash in nature, because the anticipated benefits from the expenditures are not expected to be fully realized until future periods, or because the Company views results excluding these items as a better reflection of the underlying performance of BGC's ongoing operations. Management uses Adjusted Earnings in part to help it evaluate, among other things, the overall performance of the Company's business, to make decisions with respect to the Company's operations, and to determine the amount of dividends payable to common stockholders and distributions payable to holders of limited partnership units. Dividends payable to common stockholders and distributions payable to holders of limited partnership units are included within "Dividends to stockholders" and "Earnings distributions to limited partnership interests and noncontrolling interests," respectively, in our unaudited, condensed, consolidated statements of cash flows. The term "Adjusted Earnings" should not be considered in isolation or as an alternative to GAAP net income (loss). The Company views Adjusted Earnings as a metric that is not indicative of liquidity, or the cash available to fund its operations, but rather as a performance measure. Pre- and post-tax Adjusted Earnings, as well as related measures, are not intended to replace the Company's presentation of its GAAP financial results. However, management believes that these measures help provide investors with a clearer understanding of BGC's financial performance and offer useful information to both management and investors regarding certain financial and business trends related to the Company's financial condition and results of operations. Management believes that the GAAP and Adjusted Earnings measures of financial performance should be considered together. For more information regarding Adjusted Earnings, see the sections of this document and/or the Company's most recent financial results press release titled "Reconciliation of GAAP Income (Loss) from Operations before Income Taxes to Adjusted Earnings and GAAP Fully Diluted EPS to Post-Tax Adjusted EPS", including the related footnotes, for details about how BGC's non-GAAP results are reconciled to those under GAAP. Adjusted EBITDA DefinedBGC also provides an additional non-GAAP financial performance measure, "Adjusted EBITDA", which it defines as GAAP "Net income (loss) available to common stockholders", adjusted to add back the following items: * Provision (benefit) for income taxes;* Net income (loss) attributable to noncontrolling interest in subsidiaries;* Interest expense;* Fixed asset depreciation and intangible asset amortization;* Equity-based compensation and allocations of net income to limited partnership units and FPUs; * Impairment of long-lived assets; * (Gains) losses on equity method investments; and* Certain other non-cash GAAP items, such as non-cash charges of amortized rents incurred by the Company for its new UK based headquarters. The Company's management believes that its Adjusted EBITDA measure is useful in evaluating BGC's operating performance, because the calculation of this measure generally eliminates the effects of financing and income taxes and the accounting effects of capital spending and acquisitions, which would include impairment charges of goodwill and intangibles created from acquisitions. Such items may vary for different companies for reasons unrelated to overall operating performance. As a result, the Company's management uses this measure to evaluate operating performance and for other discretionary purposes. BGC believes that Adjusted EBITDA is useful to investors to assist them in getting a more complete picture of the Company's financial results and operations. Since BGC's Adjusted EBITDA is not a recognized measurement under GAAP, investors should use this measure in addition to GAAP measures of net income when analyzing BGC's operating performance. Because not all companies use identical EBITDA calculations, the Company's presentation of Adjusted EBITDA may not be comparable to similarly titled measures of other companies. Furthermore, Adjusted EBITDA is not intended to be a measure of free cash flow or GAAP cash flow from operations because the Company's Adjusted EBITDA does not consider certain cash requirements, such as tax and debt service payments. For more information regarding Adjusted EBITDA, see the section of this document and/or the Company's most recent financial results press release titled "Reconciliation of GAAP Net Income (Loss) Available to Common Stockholders to Adjusted EBITDA", including the footnotes to the same, for details about how BGC's non-GAAP results are reconciled to those under GAAP. Timing of Outlook for Certain GAAP and Non-GAAP ItemsBGC anticipates providing forward-looking guidance for GAAP revenues and for certain non-GAAP measures from time to time. However, the Company does not anticipate providing an outlook for other GAAP results. This is because certain GAAP items, which are excluded from Adjusted Earnings and/or Adjusted EBITDA, are difficult to forecast with precision before the end of each period. The Company therefore believes that it is not possible for it to have the required information necessary to forecast GAAP results or to quantitatively reconcile GAAP forecasts to non-GAAP forecasts with sufficient precision without unreasonable efforts. For the same reasons, the Company is unable to address the probable significance of the unavailable information. The relevant items that are difficult to predict on a quarterly and/or annual basis with precision and may materially impact the Company's GAAP results include, but are not limited, to the following: * Certain equity-based compensation charges that may be determined at the discretion of management throughout and up to the period-end; * Unusual, one-time, non-ordinary, or non-recurring items;* The impact of gains or losses on certain marketable securities, as well as any gains or losses related to associated mark-to- market movements and/or hedging. These items are calculated using period-end closing prices;* Non-cash asset impairment charges, which are calculated and analyzed based on the period-end values of the underlying assets. These amounts may not be known until after period-end; * Acquisitions, dispositions and/or resolutions of litigation, which are fluid and unpredictable in nature. Liquidity DefinedBGC may also use a non-GAAP measure called "liquidity". The Company considers liquidity to be comprised of the sum of cash and cash equivalents, reverse repurchase agreements (if any), securities owned, and marketable securities, less securities lent out in securities loaned transactions and repurchase agreements (if any). The Company considers liquidity to be an important metric for determining the amount of cash that is available or that could be readily available to the Company on short notice. For more information regarding Liquidity, see the section of this document and/or the Company's most recent financial results press release titled "Liquidity Analysis", including any footnotes to the same, for details about how BGC's non-GAAP results are reconciled to those under GAAP. About BGC Partners, Inc.BGC Partners is a leading global brokerage and financial technology company. BGC specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, insurance, and futures. BGC also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through brands including Fenics, BGC Trader, Capitalab, Lucera, and Fenics Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC Partners, Inc. and/or its affiliates. BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC's Class A common stock trades on the NASDAQ Global Select Market under the ticker symbol "BGCP". BGC Partners is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow BGC at https://twitter.com/bgcpartners, https://www.linkedin.com/company/bgc-partners and/or http://ir.bgcpartners.com/Investors/default.aspx. Discussion of Forward-Looking Statements about BGC Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K. Media Contact:Karen Laureano-Rikardsen+1 212-829-4975 Investor Contacts:Jason Chryssicas or Grant Filer+1 212-610-2426 1Industry rates volumes include CME interest rate futures and options, Deutsche Brse (Eurex) European interest rate derivatives, FIA SEF non-forward rate agreement IRS, ICE short-term and medium & L-T interest rates, ISDA interest rate derivatives, LSE's MTS Cash, MarketAxess U.S. government bonds (which represents U.S. Treasury volumes on LiquidityEdge), Nasdaq U.S. fixed income, NEX (CME) U.S. Treasuries, and Tradeweb U.S. government bonds. Industry foreign exchange volumes include CBOE Hotspot (spot) FX, CLS forward, swap, and spot FX, CME FX futures and options, Deutsche Brse FX (360T), Euronext FX (Fastmatch), FIA SEF FX products, NEX (CME) EBS spot FX, and Refinitiv FX spot volume and other volume. Industry credit volumes include FIA CDS and options, ISDA credit derivatives, MarketAxess total credit, primary dealer U.S. corporate bonds (source: Bloomberg), and Tradeweb total credit. SOURCE BGC Partners, Inc. Related Links http://www.bgcpartners.com Answer:
BGC Partners Updates its Outlook for the Third Quarter of 2020
NEW YORK, Sept. 30, 2020 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2020. Updated OutlookAgainst a backdrop of lower industry volumes across rates, foreign exchange, and credit,1 BGC's revenue and pre-tax Adjusted Earnings for the third quarter of 2020 are now expected to be between the mid-point and the low-end of the range of its previously stated outlook.The Company's outlook was contained in BGC's financial results press release issued on July 30, 2020, which can be found at http://ir.bgcpartners.com. Non-GAAP Financial Measures This document contains non-GAAP financial measures that differ from the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles in the United States ("GAAP"). Non-GAAP financial measures used by the Company include "Adjusted Earnings before noncontrolling interests and taxes", which is used interchangeably with "pre-tax Adjusted Earnings"; "Post-tax Adjusted Earnings to fully diluted shareholders", which is used interchangeably with "post-tax Adjusted Earnings"; "Adjusted EBITDA"; and "Liquidity". The definitions of these terms are below. Adjusted Earnings DefinedBGC uses non-GAAP financial measures, including "Adjusted Earnings before noncontrolling interests and taxes" and "Post-tax Adjusted Earnings to fully diluted shareholders", which are supplemental measures of operating results used by management to evaluate the financial performance of the Company and its consolidated subsidiaries. BGC believes that Adjusted Earnings best reflect the operating earnings generated by the Company on a consolidated basis and are the earnings which management considers when managing its business. As compared with "Income (loss) from operations before income taxes" and "Net income (loss) for fully diluted shares", both prepared in accordance with GAAP, Adjusted Earnings calculations primarily exclude certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash by the Company and/or which do not dilute existing stockholders. In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC. Adjusted Earnings is calculated by taking the most comparable GAAP measures and adjusting for certain items with respect to compensation expenses, non-compensation expenses, and other income, as discussed below. Calculations of Compensation Adjustments for Adjusted Earnings and Adjusted EBITDA Treatment of Equity-Based Compensation Line Item for Adjusted Earnings and Adjusted EBITDAThe Company's Adjusted Earnings and Adjusted EBITDA measures exclude all GAAP charges included in the line item "Equity-based compensation and allocations of net income to limited partnership units and FPUs" (or "equity-based compensation" for purposes of defining the Company's non-GAAP results) as recorded on the Company's GAAP Consolidated Statements of Operations and GAAP Consolidated Statements of Cash Flows. These GAAP equity-based compensation charges reflect the following items: * Charges with respect to grants of exchangeability, which reflect the right of holders of limited partnership units with no capital accounts, such as LPUs and PSUs, to exchange these units into shares of common stock, or into partnership units with capital accounts, such as HDUs, as well as cash paid with respect to taxes withheld or expected to be owed by the unit holder upon such exchange. The withholding taxes related to the exchange of certain non-exchangeable units without a capital account into either common shares or units with a capital account may be funded by the redemption of preferred units such as PPSUs. * Charges with respect to preferred units. Any preferred units would not be included in the Company's fully diluted share count because they cannot be made exchangeable into shares of common stock and are entitled only to a fixed distribution. Preferred units are granted in connection with the grant of certain limited partnership units that may be granted exchangeability or redeemed in connection with the grant of shares of common stock at ratios designed to cover any withholding taxes expected to be paid. This is an alternative to the common practice among public companies of issuing the gross amount of shares to employees, subject to cashless withholding of shares, to pay applicable withholding taxes. * GAAP equity-based compensation charges with respect to the grant of an offsetting amount of common stock or partnership units with capital accounts in connection with the redemption of non-exchangeable units, including PSUs and LPUs.* Charges related to amortization of RSUs and limited partnership units.* Charges related to grants of equity awards, including common stock or partnership units with capital accounts.* Allocations of net income to limited partnership units and FPUs. Such allocations represent the pro-rata portion of post-tax GAAP earnings available to such unit holders. The amounts of certain quarterly equity-based compensationcharges are based upon the Company's estimate of such expected charges during the annual period, as described further below under "Methodology for Calculating Adjusted Earnings Taxes." Virtually all of BGC's key executives and producers have equity or partnership stakes in the Company and its subsidiaries and generally receive deferred equity or limited partnership units as part of their compensation. A significant percentage of BGC's fully diluted shares are owned by its executives, partners and employees. The Company issues limited partnership units as well as other forms of equity-based compensation, including grants of exchangeability into shares of common stock, to provide liquidity to its employees, to align the interests of its employees and management with those of common stockholders, to help motivate and retain key employees, and to encourage a collaborative culture that drives cross-selling and revenue growth. All share equivalents that are part of the Company's equity-based compensation program, including REUs, PSUs, LPUs, HDUs, and other unitsthat may be made exchangeable into common stock, as well as RSUs (which are recorded using the treasury stock method), are included in the fully diluted share count when issued or at the beginning of the subsequent quarter after the date of grant. Generally, limited partnership units other than preferred unitsare expected to be paid a pro-rata distribution based on BGC's calculation of Adjusted Earnings per fully diluted share. However, out of an abundance of caution and in order to strengthen the Company's balance sheet due the uncertain macroeconomic conditions with respect to the COVID-19 pandemic, BGC Holdings, L.P. has reduced its distributions of income from the operations of BGC's businesses to its partners. Compensation charges are also adjusted for certain other cash and non-cash items, including those related to the amortization of GFI employee forgivable loans granted prior to the closing of the January 11, 2016 back-end merger with GFI. Certain Other Compensation-Related Adjustments for Adjusted Earnings BGC also excludes various other GAAP items that management views as not reflective of the Company's underlying performance in a given period from its calculation of Adjusted Earnings. These may include compensation-related items with respect to cost-saving initiatives, such as severance charges incurred in connection with headcount reductions as part of broad restructuring and/or cost savings plans. Calculation of Non-Compensation Adjustments for Adjusted Earnings Adjusted Earnings calculations may also exclude items such as: * Non-cash GAAP charges related to the amortization of intangibles with respect to acquisitions; * Acquisition related costs;* Certain rent charges;* Non-cash GAAP asset impairment charges; and* Various other GAAP items that management views as not reflective of the Company's underlying performance in a given period, including non-compensation-related charges incurred as part of broad restructuring and/or cost savings plans. Such GAAP items may include charges for exiting leases and/or other long-term contracts as part of cost-saving initiatives, as well as non-cash impairment charges related to assets, goodwill and/or intangibles created from acquisitions. Calculation of Adjustments for Other (income) losses for Adjusted Earnings Adjusted Earnings calculations also exclude certain other non-cash, non-dilutive, and/or non-economic items, which may, in some periods, include: * Gains or losses on divestitures; * Fair value adjustment of investments;* Certain other GAAP items, including gains or losses related to BGC's investments accounted for under the equity method; and * Any unusual, one-time, non-ordinary, or non-recurring gains or losses. Methodology for Calculating Adjusted Earnings Taxes Although Adjusted Earnings are calculated on a pre-tax basis, BGC also reports post-tax Adjusted Earnings to fully diluted shareholders. The Company defines post-tax Adjusted Earnings to fully diluted shareholders as pre-tax Adjusted Earnings reduced by the non-GAAP tax provision described below and net income (loss) attributable to noncontrolling interest for Adjusted Earnings. The Company calculates its tax provision for post-tax Adjusted Earnings using an annual estimate similar to how it accounts for its income tax provision under GAAP. To calculate the quarterly tax provision under GAAP, BGC estimates its full fiscal year GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries and the expected inclusions and deductions for income tax purposes, including expected equity-based compensation during the annual period. The resulting annualized tax rate is applied to BGC's quarterly GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries. At the end of the annual period, the Company updates its estimate to reflect the actual tax amounts owed for the period. To determine the non-GAAP tax provision, BGC first adjusts pre-tax Adjusted Earnings by recognizing any, and only, amounts for which a tax deduction applies under applicable law. The amounts include charges with respect to equity-based compensation; certain charges related to employee loan forgiveness; certain net operating loss carryforwards when taken for statutory purposes; and certain charges related to tax goodwill amortization. These adjustments may also reflect timing and measurement differences, including treatment of employee loans; changes in the value of units between the dates of grants of exchangeability and the date of actual unit exchange; variations in the value of certain deferred tax assets; and liabilities and the different timing of permitted deductions for tax under GAAP and statutory tax requirements. After application of these adjustments, the result is the Company's taxable income for its pre-tax Adjusted Earnings, to which BGC then applies the statutory tax rates to determine its non-GAAP tax provision. BGC views the effective tax rate on pre-tax Adjusted Earnings as equal to the amount of its non-GAAP tax provision divided by the amount of pre-tax Adjusted Earnings. Generally, the most significant factor affecting this non-GAAP tax provision is the amount of charges relating to equity-based compensation. Because the charges relating to equity-based compensation are deductible in accordance with applicable tax laws, increases in such charges have the effect of lowering the Company's non-GAAP effective tax rate and thereby increasing its post-tax Adjusted Earnings. BGC incurs income tax expenses based on the location, legal structure and jurisdictional taxing authorities of each of its subsidiaries. Certain of the Company's entities are taxed as U.S. partnerships and are subject to the Unincorporated Business Tax ("UBT") in New York City. Any U.S. federal and state income tax liability or benefit related to the partnership income or loss, with the exception of UBT, rests with the unit holders rather than with the partnership entity. The Company's consolidated financial statements include U.S. federal, state, and local income taxes on the Company's allocable share of the U.S. results of operations. Outside of the U.S., BGC is expected to operate principally through subsidiary corporations subject to local income taxes. For these reasons, taxes for Adjusted Earnings are expected to be presented to show the tax provision the consolidated Company would expect to pay if 100 percent of earnings were taxed at global corporate rates. Calculations of Pre- and Post-Tax Adjusted Earnings per ShareBGC's pre- and post-tax Adjusted Earnings per share calculations assume either that: * The fully diluted share count includes the shares related to any dilutive instruments, but excludes the associated expense, net of tax, when the impact would be dilutive; or* The fully diluted share count excludes the shares related to these instruments, but includes the associated expense, net of tax. The share count for Adjusted Earnings excludes certain shares and share equivalents expected to be issued in future periods but not yet eligible to receive dividends and/or distributions. Each quarter, the dividend payable to BGC's stockholders, if any, is expected to be determined by the Company's Board of Directors with reference to a number of factors, including post-tax Adjusted Earnings per share. BGC may also pay a pro-rata distribution of net income to limited partnership units, as well as to Cantor for its noncontrolling interest. The amount of this net income, and therefore of these payments per unit, would be determined using the above definition of Adjusted Earnings per share on a pre-tax basis. The declaration, payment, timing, and amount of any future dividends payable by the Company will be at the discretion of its Board of Directors using the fully diluted share count. For more information on any share count adjustments, see the table titled "Fully Diluted Weighted-Average Share Count under GAAP and for Adjusted Earnings". Management Rationale for Using Adjusted Earnings BGC's calculation of Adjusted Earnings excludes the items discussed above because they are either non-cash in nature, because the anticipated benefits from the expenditures are not expected to be fully realized until future periods, or because the Company views results excluding these items as a better reflection of the underlying performance of BGC's ongoing operations. Management uses Adjusted Earnings in part to help it evaluate, among other things, the overall performance of the Company's business, to make decisions with respect to the Company's operations, and to determine the amount of dividends payable to common stockholders and distributions payable to holders of limited partnership units. Dividends payable to common stockholders and distributions payable to holders of limited partnership units are included within "Dividends to stockholders" and "Earnings distributions to limited partnership interests and noncontrolling interests," respectively, in our unaudited, condensed, consolidated statements of cash flows. The term "Adjusted Earnings" should not be considered in isolation or as an alternative to GAAP net income (loss). The Company views Adjusted Earnings as a metric that is not indicative of liquidity, or the cash available to fund its operations, but rather as a performance measure. Pre- and post-tax Adjusted Earnings, as well as related measures, are not intended to replace the Company's presentation of its GAAP financial results. However, management believes that these measures help provide investors with a clearer understanding of BGC's financial performance and offer useful information to both management and investors regarding certain financial and business trends related to the Company's financial condition and results of operations. Management believes that the GAAP and Adjusted Earnings measures of financial performance should be considered together. For more information regarding Adjusted Earnings, see the sections of this document and/or the Company's most recent financial results press release titled "Reconciliation of GAAP Income (Loss) from Operations before Income Taxes to Adjusted Earnings and GAAP Fully Diluted EPS to Post-Tax Adjusted EPS", including the related footnotes, for details about how BGC's non-GAAP results are reconciled to those under GAAP. Adjusted EBITDA DefinedBGC also provides an additional non-GAAP financial performance measure, "Adjusted EBITDA", which it defines as GAAP "Net income (loss) available to common stockholders", adjusted to add back the following items: * Provision (benefit) for income taxes;* Net income (loss) attributable to noncontrolling interest in subsidiaries;* Interest expense;* Fixed asset depreciation and intangible asset amortization;* Equity-based compensation and allocations of net income to limited partnership units and FPUs; * Impairment of long-lived assets; * (Gains) losses on equity method investments; and* Certain other non-cash GAAP items, such as non-cash charges of amortized rents incurred by the Company for its new UK based headquarters. The Company's management believes that its Adjusted EBITDA measure is useful in evaluating BGC's operating performance, because the calculation of this measure generally eliminates the effects of financing and income taxes and the accounting effects of capital spending and acquisitions, which would include impairment charges of goodwill and intangibles created from acquisitions. Such items may vary for different companies for reasons unrelated to overall operating performance. As a result, the Company's management uses this measure to evaluate operating performance and for other discretionary purposes. BGC believes that Adjusted EBITDA is useful to investors to assist them in getting a more complete picture of the Company's financial results and operations. Since BGC's Adjusted EBITDA is not a recognized measurement under GAAP, investors should use this measure in addition to GAAP measures of net income when analyzing BGC's operating performance. Because not all companies use identical EBITDA calculations, the Company's presentation of Adjusted EBITDA may not be comparable to similarly titled measures of other companies. Furthermore, Adjusted EBITDA is not intended to be a measure of free cash flow or GAAP cash flow from operations because the Company's Adjusted EBITDA does not consider certain cash requirements, such as tax and debt service payments. For more information regarding Adjusted EBITDA, see the section of this document and/or the Company's most recent financial results press release titled "Reconciliation of GAAP Net Income (Loss) Available to Common Stockholders to Adjusted EBITDA", including the footnotes to the same, for details about how BGC's non-GAAP results are reconciled to those under GAAP. Timing of Outlook for Certain GAAP and Non-GAAP ItemsBGC anticipates providing forward-looking guidance for GAAP revenues and for certain non-GAAP measures from time to time. However, the Company does not anticipate providing an outlook for other GAAP results. This is because certain GAAP items, which are excluded from Adjusted Earnings and/or Adjusted EBITDA, are difficult to forecast with precision before the end of each period. The Company therefore believes that it is not possible for it to have the required information necessary to forecast GAAP results or to quantitatively reconcile GAAP forecasts to non-GAAP forecasts with sufficient precision without unreasonable efforts. For the same reasons, the Company is unable to address the probable significance of the unavailable information. The relevant items that are difficult to predict on a quarterly and/or annual basis with precision and may materially impact the Company's GAAP results include, but are not limited, to the following: * Certain equity-based compensation charges that may be determined at the discretion of management throughout and up to the period-end; * Unusual, one-time, non-ordinary, or non-recurring items;* The impact of gains or losses on certain marketable securities, as well as any gains or losses related to associated mark-to- market movements and/or hedging. These items are calculated using period-end closing prices;* Non-cash asset impairment charges, which are calculated and analyzed based on the period-end values of the underlying assets. These amounts may not be known until after period-end; * Acquisitions, dispositions and/or resolutions of litigation, which are fluid and unpredictable in nature. Liquidity DefinedBGC may also use a non-GAAP measure called "liquidity". The Company considers liquidity to be comprised of the sum of cash and cash equivalents, reverse repurchase agreements (if any), securities owned, and marketable securities, less securities lent out in securities loaned transactions and repurchase agreements (if any). The Company considers liquidity to be an important metric for determining the amount of cash that is available or that could be readily available to the Company on short notice. For more information regarding Liquidity, see the section of this document and/or the Company's most recent financial results press release titled "Liquidity Analysis", including any footnotes to the same, for details about how BGC's non-GAAP results are reconciled to those under GAAP. About BGC Partners, Inc.BGC Partners is a leading global brokerage and financial technology company. BGC specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, insurance, and futures. BGC also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through brands including Fenics, BGC Trader, Capitalab, Lucera, and Fenics Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC Partners, Inc. and/or its affiliates. BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC's Class A common stock trades on the NASDAQ Global Select Market under the ticker symbol "BGCP". BGC Partners is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow BGC at https://twitter.com/bgcpartners, https://www.linkedin.com/company/bgc-partners and/or http://ir.bgcpartners.com/Investors/default.aspx. Discussion of Forward-Looking Statements about BGC Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K. Media Contact:Karen Laureano-Rikardsen+1 212-829-4975 Investor Contacts:Jason Chryssicas or Grant Filer+1 212-610-2426 1Industry rates volumes include CME interest rate futures and options, Deutsche Brse (Eurex) European interest rate derivatives, FIA SEF non-forward rate agreement IRS, ICE short-term and medium & L-T interest rates, ISDA interest rate derivatives, LSE's MTS Cash, MarketAxess U.S. government bonds (which represents U.S. Treasury volumes on LiquidityEdge), Nasdaq U.S. fixed income, NEX (CME) U.S. Treasuries, and Tradeweb U.S. government bonds. Industry foreign exchange volumes include CBOE Hotspot (spot) FX, CLS forward, swap, and spot FX, CME FX futures and options, Deutsche Brse FX (360T), Euronext FX (Fastmatch), FIA SEF FX products, NEX (CME) EBS spot FX, and Refinitiv FX spot volume and other volume. Industry credit volumes include FIA CDS and options, ISDA credit derivatives, MarketAxess total credit, primary dealer U.S. corporate bonds (source: Bloomberg), and Tradeweb total credit. SOURCE BGC Partners, Inc. Related Links http://www.bgcpartners.com
edtsum7786
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)--Googles entry into the infotainment space as a full-stack infotainment platform provider is having tectonic implications in the navigation and location-based services market as platform and data providers consider their future strategy. The Strategy Analytics Automotive Infotainment and Telematics (AIT) service report, 2020 Navigation and Location-Based Services Market Landscape - Multi-Layered Partnerships reviews the key players, providers and forecasts in the navigation and location-based services space. Once reserved only for flagship luxury models and brands, navigation has now become a common and desired feature in mainstream brands and models. However, there is a wide diversity of approaches to implementation, feature sets and service tiers. Within the last few years, navigation has increasingly become a must-have feature for many customers, said Edward Sanchez, Senior Analyst for Strategy Analytics Global Automotive Practice. However, theres no one-size-fits-all formula. Different market segments and models define the feature set and attributes in each case. Navigation has advanced a great deal in sophistication and features over the last decade, said Richard Robinson, Director of Strategy Analytics Automotive Infotainment and Telematics service. The challenge for OEMs going forward will be on combining the different data layers in a compelling package to the consumer. Its not an overstatement to say Googles emergence in this space is a game-changer and wake-up call for the segment. #SA_Automotive About Strategy Analytics Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com. For more information about Strategy Analytics Strategy Analytics Global Automotive Practice Strategy Analytics Automotive Infotainment and Telematics Answer:
Strategy Analytics: Googles Emergence as Full-Stack Infotainment Provider Intensifies Competition in Navigation Market
BOSTON--(BUSINESS WIRE)--Googles entry into the infotainment space as a full-stack infotainment platform provider is having tectonic implications in the navigation and location-based services market as platform and data providers consider their future strategy. The Strategy Analytics Automotive Infotainment and Telematics (AIT) service report, 2020 Navigation and Location-Based Services Market Landscape - Multi-Layered Partnerships reviews the key players, providers and forecasts in the navigation and location-based services space. Once reserved only for flagship luxury models and brands, navigation has now become a common and desired feature in mainstream brands and models. However, there is a wide diversity of approaches to implementation, feature sets and service tiers. Within the last few years, navigation has increasingly become a must-have feature for many customers, said Edward Sanchez, Senior Analyst for Strategy Analytics Global Automotive Practice. However, theres no one-size-fits-all formula. Different market segments and models define the feature set and attributes in each case. Navigation has advanced a great deal in sophistication and features over the last decade, said Richard Robinson, Director of Strategy Analytics Automotive Infotainment and Telematics service. The challenge for OEMs going forward will be on combining the different data layers in a compelling package to the consumer. Its not an overstatement to say Googles emergence in this space is a game-changer and wake-up call for the segment. #SA_Automotive About Strategy Analytics Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com. For more information about Strategy Analytics Strategy Analytics Global Automotive Practice Strategy Analytics Automotive Infotainment and Telematics
edtsum7789
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: AUBURN HILLS, Mich., Feb. 11, 2021 /PRNewswire/ -- Today, Mopar announced accessories for the new, redesigned 2021 Chrysler Pacifica America's most capable minivan with all-wheel drive (AWD) and still the first and only plug-in hybrid minivan. Mopar offers more than 85 quality-tested, factory-backed accessories for the new, redesigned 2021 Chrysler Pacifica Americas most capable minivan with all-wheel drive (AWD) and still the first and only plug-in hybrid minivan. Mopar offers more than 85 quality-tested, factory-backed accessories for Chrysler brand's minivan lineup Accessories, including carriers, cargo bins and a pet kennel, available to customize the refreshed exterior and interior of the 2021 Chrysler Pacifica For more information on Mopar accessories for new 2021 Chrysler minivan models, visit the Mopar eStore "Mopar offers more than 85 quality-tested, factory-backed accessories across Chrysler brand's award-winning minivan lineup," saidMark Bosanac,North America Vice President, Mopar Service, Parts & Customer Care. "From roof racks to pet kennels, Mopar offers even more innovative storage options for the new, redesigned Chrysler Pacifica." Below are select Mopar accessories available for the new 2021 Chrysler Pacifica, as well as the entry-level Chrysler Voyager (with Mopar part number and U.S. MSRP). For more information, visit the Mopar eStore.Rooftop cargo boxes (TCBOX624 - 13 cubic feet capacity, $565 | TCBOX614 - 14 cu. ft. capacity, $490 | TCBOX625 17 cu. ft. capacity, $595):Regardless of weather conditions, these tough, lockable, thermoplastic carriers keep cargo dry and secure. Each carrier features a gas-cylinder opening system, allowing the hinged lid to gently open and close. Aerodynamic design limits wind resistance and provides sleek styling. For use with crossbars and/or side rails, which are sold separately.Rooftop cargo bags (82207198 - 11 cu. ft. capacity, $148 | TCINT869 - 16 cu. ft. capacity, $225):Black nylon and soft-sided cargo bags are weatherproof and provide additional storage space. Each cargo bag features a covered zipper opening, lined seams and sewn-in tie-down straps. For use with crossbars and/or side rails, which are sold separately.Ski and snowboard carrier (TCS92725 | $255):For winter sports enthusiasts, this carrier provides convenient, safe transportation of skis and snowboards. This roof-mounted carrier can hold up to six pairs of skis or four snowboards, or a combination of both. The unit features silver anodized-aluminum construction and integrated locks that open from either side for easy loading and unloading. For use with crossbars and/or side rails, which are sold separately.Upright bike carrier (TCOES599 | $200):Roof-mounted carrier uses worry-free automatic self-adjusting jaws for secure clamping every time. Mounts to production Stow 'n Place Roof Rack Kit or Mopar Roof Rack Kit (82214552 | $410 - sold separately).Fork-mount bike carrier (TCFKM526AB | $175):Roof-mounted carrier for one bicycle features a reinforced head that combines aerodynamics, durability and style. Mounts to production Stow 'n Place Roof Rack Kit or Mopar Roof Rack Kit (82214552 | $410 - sold separately).Pet kennel (82214536 | $190):The soft-sided temporary kennel with a Chrysler logo is perfect for safely transporting pets. The kennel is collapsible and stores flat when not in use.Stow 'n Go cargo bins (82214532AC | $139):This set of two black bins provide additional removable storage options underneath the second-row floor. Bins are lightweight and washable.Foldable cooler (82214506AB | $41.25):The Chrysler-branded, soft-sided, collapsible cooler has carry handles and fits into most storage spaces.All-weather floor mats (82214515AE gas model, $260 | 82214516AE - PHEV model, $260):For maximum protection of carpeted floors, this five-piece mat set (first, second and third rows with second- to third-row runner) are molded and feature deep ribs to trap water, snow, salt, mud, dirt and grime.Media/radio screen protector film (82215574 - 7-inch, $20 | 82215337 - 8.4-inch, $20 | 82216070AA - 10.1-inch, $25):Scratch-resistant, anti-glare clear film reduces fingerprints and smudges and also provides increased clarity. Protector film does not negatively affect the touchscreen accuracy and is removable with no damage to the screen.Roadside safety kit (82213499AB | $116):Includes safety flashlight, fleece blanket, six-gauge jumper cables, safety triangle, pliers, gloves, flathead and Phillips-head screwdrivers, and two bungee cords.Chrysler PacificaThe Chrysler brand continues to set the pace for the minivan segment with the new 2021 Chrysler Pacifica. The first-ever minivan to offer both gas and hybrid powertrains, Chrysler is elevating its minivan game to new levels, creating a new top-of-the-line Pinnacle model in the segment, offering AWD capability paired with Pacifica's class-exclusive Stow 'n Go seating, more standard safety features than any vehicle in the industry, new FamCAM interior camera, wireless charging, next-generation Uconnect 5 connectivity, an athletic new look and loads more creature comforts and interior storage for the 2021 model year. The Pacifica Hybrid delivers more than 80 miles per gallon equivalent (MPGe) in electric-only mode, an all-electric range of more than 30 miles and a total range of more than 500 miles.The Chrysler Pacifica continues to hold its status as the most awarded minivan five years in a row with more than 140 honors and industry accolades. As the first company to introduce the minivan and through six generations of the vehicle, 116 minivan firsts have been produced, including nearly 40 minivan-first features on the Pacifica. The company has sold more than 15 million minivans globally since 1983, twice as many as any other manufacturer over 37 years.MoparMopar (a simple contraction of the words MOtor and PARts) offers exceptional service, parts and customer-care. Born in 1937 as the name of a line of antifreeze products, the Mopar brand has evolved over more than 80 years to represent both complete care and authentic performance for owners and enthusiasts worldwide.Mopar made its mark in the 1960s during the muscle-car era, with Mopar Performance Parts to enhance speed and handling for both road and racing use, and expanded to include technical service and customer support. Today, the Mopar brand's global reach distributes more than 500,000 parts and accessories in more than130 markets. With more than 50 parts distribution centers and 25 customer-contact centers globally, Mopar integrates service, parts and customer-care operations in order to enhance customer and dealer support worldwide.Complete information on the Mopar brand is available at www.mopar.com.Mopar is part of the portfolio of brands offered by leading global automaker and mobility provider Stellantis. For more information regarding Stellantis (NYSE: STLA), please visit www.stellantis.com.Follow Mopar and company news and video on:Company blog: http://blog.stellantisnorthamerica.comMedia website: http://media.stellantisnorthamerica.comFacebook: https://www.facebook.com/moparInstagram: https://www.instagram.com/officialmoparTwitter: https://twitter.com/OfficialMOPARYouTube: https://www.youtube.com/c/moparorhttps://www.youtube.com/StellantisNA SOURCE Stellantis Related Links http://www.stellantis.com Answer:
Mopar Announces Accessories for New, Redesigned 2021 Chrysler Pacifica
AUBURN HILLS, Mich., Feb. 11, 2021 /PRNewswire/ -- Today, Mopar announced accessories for the new, redesigned 2021 Chrysler Pacifica America's most capable minivan with all-wheel drive (AWD) and still the first and only plug-in hybrid minivan. Mopar offers more than 85 quality-tested, factory-backed accessories for the new, redesigned 2021 Chrysler Pacifica Americas most capable minivan with all-wheel drive (AWD) and still the first and only plug-in hybrid minivan. Mopar offers more than 85 quality-tested, factory-backed accessories for Chrysler brand's minivan lineup Accessories, including carriers, cargo bins and a pet kennel, available to customize the refreshed exterior and interior of the 2021 Chrysler Pacifica For more information on Mopar accessories for new 2021 Chrysler minivan models, visit the Mopar eStore "Mopar offers more than 85 quality-tested, factory-backed accessories across Chrysler brand's award-winning minivan lineup," saidMark Bosanac,North America Vice President, Mopar Service, Parts & Customer Care. "From roof racks to pet kennels, Mopar offers even more innovative storage options for the new, redesigned Chrysler Pacifica." Below are select Mopar accessories available for the new 2021 Chrysler Pacifica, as well as the entry-level Chrysler Voyager (with Mopar part number and U.S. MSRP). For more information, visit the Mopar eStore.Rooftop cargo boxes (TCBOX624 - 13 cubic feet capacity, $565 | TCBOX614 - 14 cu. ft. capacity, $490 | TCBOX625 17 cu. ft. capacity, $595):Regardless of weather conditions, these tough, lockable, thermoplastic carriers keep cargo dry and secure. Each carrier features a gas-cylinder opening system, allowing the hinged lid to gently open and close. Aerodynamic design limits wind resistance and provides sleek styling. For use with crossbars and/or side rails, which are sold separately.Rooftop cargo bags (82207198 - 11 cu. ft. capacity, $148 | TCINT869 - 16 cu. ft. capacity, $225):Black nylon and soft-sided cargo bags are weatherproof and provide additional storage space. Each cargo bag features a covered zipper opening, lined seams and sewn-in tie-down straps. For use with crossbars and/or side rails, which are sold separately.Ski and snowboard carrier (TCS92725 | $255):For winter sports enthusiasts, this carrier provides convenient, safe transportation of skis and snowboards. This roof-mounted carrier can hold up to six pairs of skis or four snowboards, or a combination of both. The unit features silver anodized-aluminum construction and integrated locks that open from either side for easy loading and unloading. For use with crossbars and/or side rails, which are sold separately.Upright bike carrier (TCOES599 | $200):Roof-mounted carrier uses worry-free automatic self-adjusting jaws for secure clamping every time. Mounts to production Stow 'n Place Roof Rack Kit or Mopar Roof Rack Kit (82214552 | $410 - sold separately).Fork-mount bike carrier (TCFKM526AB | $175):Roof-mounted carrier for one bicycle features a reinforced head that combines aerodynamics, durability and style. Mounts to production Stow 'n Place Roof Rack Kit or Mopar Roof Rack Kit (82214552 | $410 - sold separately).Pet kennel (82214536 | $190):The soft-sided temporary kennel with a Chrysler logo is perfect for safely transporting pets. The kennel is collapsible and stores flat when not in use.Stow 'n Go cargo bins (82214532AC | $139):This set of two black bins provide additional removable storage options underneath the second-row floor. Bins are lightweight and washable.Foldable cooler (82214506AB | $41.25):The Chrysler-branded, soft-sided, collapsible cooler has carry handles and fits into most storage spaces.All-weather floor mats (82214515AE gas model, $260 | 82214516AE - PHEV model, $260):For maximum protection of carpeted floors, this five-piece mat set (first, second and third rows with second- to third-row runner) are molded and feature deep ribs to trap water, snow, salt, mud, dirt and grime.Media/radio screen protector film (82215574 - 7-inch, $20 | 82215337 - 8.4-inch, $20 | 82216070AA - 10.1-inch, $25):Scratch-resistant, anti-glare clear film reduces fingerprints and smudges and also provides increased clarity. Protector film does not negatively affect the touchscreen accuracy and is removable with no damage to the screen.Roadside safety kit (82213499AB | $116):Includes safety flashlight, fleece blanket, six-gauge jumper cables, safety triangle, pliers, gloves, flathead and Phillips-head screwdrivers, and two bungee cords.Chrysler PacificaThe Chrysler brand continues to set the pace for the minivan segment with the new 2021 Chrysler Pacifica. The first-ever minivan to offer both gas and hybrid powertrains, Chrysler is elevating its minivan game to new levels, creating a new top-of-the-line Pinnacle model in the segment, offering AWD capability paired with Pacifica's class-exclusive Stow 'n Go seating, more standard safety features than any vehicle in the industry, new FamCAM interior camera, wireless charging, next-generation Uconnect 5 connectivity, an athletic new look and loads more creature comforts and interior storage for the 2021 model year. The Pacifica Hybrid delivers more than 80 miles per gallon equivalent (MPGe) in electric-only mode, an all-electric range of more than 30 miles and a total range of more than 500 miles.The Chrysler Pacifica continues to hold its status as the most awarded minivan five years in a row with more than 140 honors and industry accolades. As the first company to introduce the minivan and through six generations of the vehicle, 116 minivan firsts have been produced, including nearly 40 minivan-first features on the Pacifica. The company has sold more than 15 million minivans globally since 1983, twice as many as any other manufacturer over 37 years.MoparMopar (a simple contraction of the words MOtor and PARts) offers exceptional service, parts and customer-care. Born in 1937 as the name of a line of antifreeze products, the Mopar brand has evolved over more than 80 years to represent both complete care and authentic performance for owners and enthusiasts worldwide.Mopar made its mark in the 1960s during the muscle-car era, with Mopar Performance Parts to enhance speed and handling for both road and racing use, and expanded to include technical service and customer support. Today, the Mopar brand's global reach distributes more than 500,000 parts and accessories in more than130 markets. With more than 50 parts distribution centers and 25 customer-contact centers globally, Mopar integrates service, parts and customer-care operations in order to enhance customer and dealer support worldwide.Complete information on the Mopar brand is available at www.mopar.com.Mopar is part of the portfolio of brands offered by leading global automaker and mobility provider Stellantis. For more information regarding Stellantis (NYSE: STLA), please visit www.stellantis.com.Follow Mopar and company news and video on:Company blog: http://blog.stellantisnorthamerica.comMedia website: http://media.stellantisnorthamerica.comFacebook: https://www.facebook.com/moparInstagram: https://www.instagram.com/officialmoparTwitter: https://twitter.com/OfficialMOPARYouTube: https://www.youtube.com/c/moparorhttps://www.youtube.com/StellantisNA SOURCE Stellantis Related Links http://www.stellantis.com
edtsum7802
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: WALTHAM, Mass.--(BUSINESS WIRE)--Opinion Dynamics is pleased to introduce David Almeida as Director of Transportation Electrification. David brings an extensive background in the energy industry with experience working at the international, national, state, and municipal level. Over the past decade, David has honed his focus to specialize in the evaluation, development, implementation, and adoption of electric vehicles working in the utility, public and non-profit sectors. His expertise will help guide Opinion Dynamics business development and research efforts in the Transportation Electrification sector as well as support the emerging areas of rates and pricing and building decarbonization. "David brings a wealth of experience increasing transportation electrification for light, medium, and heavy-duty sectors through innovation rate design, vehicle grid integration, and charging infrastructure deployment," said Opinion Dynamics Vice President, Olivia Patterson. "I look forward to collaborating with David as he serves as a key subject matter expert, as well as supports the strategic development of transportation electrification efforts for Opinion Dynamics." "I am honored to join the Opinion Dynamics team which has been a thought leader in the energy industry for years," said Opinion Dynamics Director of Transportation Electrification, David Almeida. "I am excited to leverage my first-hand experience developing and implementing electric vehicle infrastructure, rates and incentive programs along with the skilled evaluation and research experts at Opinion Dynamics to accelerate the transition from petroleum-based fuels to electricity." About Opinion DynamicsOpinion Dynamics (www.opiniondynamics.com) works to advance knowledge to address emerging energy and social issues through sound and insightful research. It is the largest independently owned company that focuses on energy efficiency, demand response and renewables research. It is headquartered in Massachusetts with key offices in Northern and Southern California, Portland Oregon, as well as satellite offices throughout the country. Answer:
Opinion Dynamics Welcomes David Almeida
WALTHAM, Mass.--(BUSINESS WIRE)--Opinion Dynamics is pleased to introduce David Almeida as Director of Transportation Electrification. David brings an extensive background in the energy industry with experience working at the international, national, state, and municipal level. Over the past decade, David has honed his focus to specialize in the evaluation, development, implementation, and adoption of electric vehicles working in the utility, public and non-profit sectors. His expertise will help guide Opinion Dynamics business development and research efforts in the Transportation Electrification sector as well as support the emerging areas of rates and pricing and building decarbonization. "David brings a wealth of experience increasing transportation electrification for light, medium, and heavy-duty sectors through innovation rate design, vehicle grid integration, and charging infrastructure deployment," said Opinion Dynamics Vice President, Olivia Patterson. "I look forward to collaborating with David as he serves as a key subject matter expert, as well as supports the strategic development of transportation electrification efforts for Opinion Dynamics." "I am honored to join the Opinion Dynamics team which has been a thought leader in the energy industry for years," said Opinion Dynamics Director of Transportation Electrification, David Almeida. "I am excited to leverage my first-hand experience developing and implementing electric vehicle infrastructure, rates and incentive programs along with the skilled evaluation and research experts at Opinion Dynamics to accelerate the transition from petroleum-based fuels to electricity." About Opinion DynamicsOpinion Dynamics (www.opiniondynamics.com) works to advance knowledge to address emerging energy and social issues through sound and insightful research. It is the largest independently owned company that focuses on energy efficiency, demand response and renewables research. It is headquartered in Massachusetts with key offices in Northern and Southern California, Portland Oregon, as well as satellite offices throughout the country.
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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: PALO ALTO,Calif., March 31, 2021 /PRNewswire/ --Gong, the revenue intelligence platform leveraging artificial intelligence to transform revenue teams, today announced that TrustRadius has recognized Gong with multiple 2021 Top Rated Awards. Gong has won in three categoriesincluding Sales Coaching, Sales Enablement, and Call Recording. With a trScore of 9.3 out of 10 and over 220 verified reviews, Gong is recognized by the TrustRadius community as the leader in the Sales Enablement software category. "Gong has won Top Rated awards for Call Recording, Sales Coaching, and Sales Enablement Software-based entirely on feedback from their customers," said Megan Headley, VP of Research at TrustRadius. "Gong reviewers on TrustRadius highlight the platform's insights and analytics, as well as the ability to easily share call recordings for feedback and learn from others' calls." Since 2016, the TrustRadius Top Rated Awards have become the industry standard for unbiased recognition of B2B technology products. Based entirely on customer feedback, they have never been influenced by analyst opinion or status as a TrustRadius customer. Here are some selected customer reviews from TrustRadius. Hear from additional verified users on how much they value Gong. "Gong is vastly used within our business, specifically around our pre & post sales process. We use the tool to analyze trends and best practices. Gong metrics truly determine the accuracy of deal forecasting and probability. I personally leverage Gong insights to amend my potential sales approach for each opportunity." "I give Gong a 10 because I have worked with other call recording tools in the past and nothing comes close to this. The AI's ability to give actionable insights is so incredibly valuable when compared to trying to go back and listen to a full call for snippets. [Gong has] helped us to better serve our clients 10 in just a short time." "At Gong, our product innovation is inspired by our user community," said Amit Bendov, CEO of Gong. "Thank you for supporting our work, and for sharing your feedback on TrustRadius as your input has a direct impact on how we design product features and shape our roadmap. We are thrilled to be recognized by TrustRadius as a leader across multiple categories." Looking to share your own feedback? Please leave a review here. Note: Here is a detailedcriteria breakdown on the methodology and scoring that TrustRadius uses to determine TopRated winners. About Gong Gong enables revenue teams to realize their fullest potential by unveiling their customer reality. The patented Gong Revenue Intelligence Platform captures and understands every customer interaction, then delivers insights at scale, empowering revenue teams to make decisions based on data instead of opinions. Over 1,800 innovative companies like Zillow, Slack, PayPal, Twilio, Shopify, Hubspot, SproutSocial, Zoominfo, Outreach, MuleSoft, and LinkedIn trust Gong to power their customer reality. With Gong, customers experience improved win rates, increased deal sizes, and accelerated employee ramp-times. Gong is a private company headquartered in San Francisco. For more information, visit www.gong.ioor follow us on LinkedIn. About TrustRadius: TrustRadius helps technology buyers make better decisions and helps vendors tell their unique story, improve conversion, engage high-intent buyers, and gain customer insights. Each month over 1 million B2B technology buyers, over 50% from large enterprises, use verified reviews and ratings on TrustRadius.com to make informed purchasing decisions. Headquartered in Austin, TX, TrustRadius was founded by successful entrepreneurs and is backed by Mayfield Fund, LiveOak Venture Partners, and Next Coast Ventures. SOURCE Gong Related Links http://www.gong.io Answer:
Gong Earns a 2021 Top Rated Award From TrustRadius Gong has been recognized as a leader across multiple categories including sales coaching and sales enablement
PALO ALTO,Calif., March 31, 2021 /PRNewswire/ --Gong, the revenue intelligence platform leveraging artificial intelligence to transform revenue teams, today announced that TrustRadius has recognized Gong with multiple 2021 Top Rated Awards. Gong has won in three categoriesincluding Sales Coaching, Sales Enablement, and Call Recording. With a trScore of 9.3 out of 10 and over 220 verified reviews, Gong is recognized by the TrustRadius community as the leader in the Sales Enablement software category. "Gong has won Top Rated awards for Call Recording, Sales Coaching, and Sales Enablement Software-based entirely on feedback from their customers," said Megan Headley, VP of Research at TrustRadius. "Gong reviewers on TrustRadius highlight the platform's insights and analytics, as well as the ability to easily share call recordings for feedback and learn from others' calls." Since 2016, the TrustRadius Top Rated Awards have become the industry standard for unbiased recognition of B2B technology products. Based entirely on customer feedback, they have never been influenced by analyst opinion or status as a TrustRadius customer. Here are some selected customer reviews from TrustRadius. Hear from additional verified users on how much they value Gong. "Gong is vastly used within our business, specifically around our pre & post sales process. We use the tool to analyze trends and best practices. Gong metrics truly determine the accuracy of deal forecasting and probability. I personally leverage Gong insights to amend my potential sales approach for each opportunity." "I give Gong a 10 because I have worked with other call recording tools in the past and nothing comes close to this. The AI's ability to give actionable insights is so incredibly valuable when compared to trying to go back and listen to a full call for snippets. [Gong has] helped us to better serve our clients 10 in just a short time." "At Gong, our product innovation is inspired by our user community," said Amit Bendov, CEO of Gong. "Thank you for supporting our work, and for sharing your feedback on TrustRadius as your input has a direct impact on how we design product features and shape our roadmap. We are thrilled to be recognized by TrustRadius as a leader across multiple categories." Looking to share your own feedback? Please leave a review here. Note: Here is a detailedcriteria breakdown on the methodology and scoring that TrustRadius uses to determine TopRated winners. About Gong Gong enables revenue teams to realize their fullest potential by unveiling their customer reality. The patented Gong Revenue Intelligence Platform captures and understands every customer interaction, then delivers insights at scale, empowering revenue teams to make decisions based on data instead of opinions. Over 1,800 innovative companies like Zillow, Slack, PayPal, Twilio, Shopify, Hubspot, SproutSocial, Zoominfo, Outreach, MuleSoft, and LinkedIn trust Gong to power their customer reality. With Gong, customers experience improved win rates, increased deal sizes, and accelerated employee ramp-times. Gong is a private company headquartered in San Francisco. For more information, visit www.gong.ioor follow us on LinkedIn. About TrustRadius: TrustRadius helps technology buyers make better decisions and helps vendors tell their unique story, improve conversion, engage high-intent buyers, and gain customer insights. Each month over 1 million B2B technology buyers, over 50% from large enterprises, use verified reviews and ratings on TrustRadius.com to make informed purchasing decisions. Headquartered in Austin, TX, TrustRadius was founded by successful entrepreneurs and is backed by Mayfield Fund, LiveOak Venture Partners, and Next Coast Ventures. SOURCE Gong Related Links http://www.gong.io
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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: BURLINGTON,Mass., Nov. 5, 2020 /PRNewswire/ --Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has been ranked the #1 Solutions Provider by Black Book Research in five categories, including medical speech recognition and AI technologies. Based on 3,250 survey responses from 203 hospitals and 2,263 physician practices, the rankings demonstrate Nuance's unparalleled understanding of provider needs, forward-thinking vision and superior ability to execute. According to Black Book's survey, 96 percent of physician groups and practice associations need to build more successful clinical documentation improvement (CDI) programs to meet the complex challenges of outpatient services. Nuance enables providers to meet this demand, securing the highest client satisfaction rating for: Medical Speech Recognition and AI Technologies; End-to-End Coding, CDI, CAC Solutions - Inpatient Hospitals & Health Systems for the third consecutive year; Clinical Documentation Improvement Software & Technology for the seventh consecutive year; Medical Transcription Software & Technology for the eighth consecutive year; and End-to-End Coding, CDI, CAC Solutions - Medical Practices, Ambulatory Care & Physicians for the eighth consecutive year. This recognition builds on Nuance's continued success with cloud-based AI solutions including Nuance CDE One, Nuance Dragon Medical One, and Nuance Dragon Ambient eXperience (DAX). "We're honored that our AI-powered and cloud-based solutions continue to have a positive impact on the quality of patient care, efficiency of work, and financial outcomes for healthcare organizations we support," said Diana Nole, executive vice president and general manager, healthcare division at Nuance. "Black Book's highly respected analysis also reflects how we've been able to evolve our speech technology with the help of our customers and partners to bring new innovations like ambient clinical intelligence to market." For nearly 20 years, Black Book has polled vendor satisfaction across more than thirty industries in the software/technology and managed services sectors around the globe, including healthcare, and is recognized as a top 25 international market research firm. "Achieving this recognition for nearly the last decade demonstrates that Nuance is critical to the organizations it serves by accelerating workflows, ensuring fuller and timelier reimbursements and analytics, and improving patient care," said Doug Brown, managing partner of Black Book. To learn more about Nuance's AI-powered and cloud-based healthcare solutions, click here. For an explainer video on Nuance DAX and the exam room of the future, where clinical documentation writes itself, view the explainer video here. About Nuance Communications, Inc.Nuance Communications (NASDAQ: NUAN) is a technology pioneer with market leadership in conversational AI and ambient intelligence. A full-service partner trusted by 90 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitivesolutions that amplify people's ability to help others. Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates inthe United Statesand/or other countries. All other trademarks referenced herein are the property of their respective owners. Media Contact Nancy Scott +1 781.565.4130[emailprotected] SOURCE Nuance Communications, Inc. Answer:
Black Book Recognizes Nuance as #1 AI-Powered and Cloud-Based Provider Across Five Categories in its Annual Ranking Nuance is celebrated for its leadership across categories including medical speech recognition and AI technology, end-to-end coding, CDI and medical transcription
BURLINGTON,Mass., Nov. 5, 2020 /PRNewswire/ --Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has been ranked the #1 Solutions Provider by Black Book Research in five categories, including medical speech recognition and AI technologies. Based on 3,250 survey responses from 203 hospitals and 2,263 physician practices, the rankings demonstrate Nuance's unparalleled understanding of provider needs, forward-thinking vision and superior ability to execute. According to Black Book's survey, 96 percent of physician groups and practice associations need to build more successful clinical documentation improvement (CDI) programs to meet the complex challenges of outpatient services. Nuance enables providers to meet this demand, securing the highest client satisfaction rating for: Medical Speech Recognition and AI Technologies; End-to-End Coding, CDI, CAC Solutions - Inpatient Hospitals & Health Systems for the third consecutive year; Clinical Documentation Improvement Software & Technology for the seventh consecutive year; Medical Transcription Software & Technology for the eighth consecutive year; and End-to-End Coding, CDI, CAC Solutions - Medical Practices, Ambulatory Care & Physicians for the eighth consecutive year. This recognition builds on Nuance's continued success with cloud-based AI solutions including Nuance CDE One, Nuance Dragon Medical One, and Nuance Dragon Ambient eXperience (DAX). "We're honored that our AI-powered and cloud-based solutions continue to have a positive impact on the quality of patient care, efficiency of work, and financial outcomes for healthcare organizations we support," said Diana Nole, executive vice president and general manager, healthcare division at Nuance. "Black Book's highly respected analysis also reflects how we've been able to evolve our speech technology with the help of our customers and partners to bring new innovations like ambient clinical intelligence to market." For nearly 20 years, Black Book has polled vendor satisfaction across more than thirty industries in the software/technology and managed services sectors around the globe, including healthcare, and is recognized as a top 25 international market research firm. "Achieving this recognition for nearly the last decade demonstrates that Nuance is critical to the organizations it serves by accelerating workflows, ensuring fuller and timelier reimbursements and analytics, and improving patient care," said Doug Brown, managing partner of Black Book. To learn more about Nuance's AI-powered and cloud-based healthcare solutions, click here. For an explainer video on Nuance DAX and the exam room of the future, where clinical documentation writes itself, view the explainer video here. About Nuance Communications, Inc.Nuance Communications (NASDAQ: NUAN) is a technology pioneer with market leadership in conversational AI and ambient intelligence. A full-service partner trusted by 90 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitivesolutions that amplify people's ability to help others. Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates inthe United Statesand/or other countries. All other trademarks referenced herein are the property of their respective owners. Media Contact Nancy Scott +1 781.565.4130[emailprotected] SOURCE Nuance Communications, Inc.
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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: ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced the launch of futures on an additional 10 MSCI Indices. Four of the MSCI Indices help market participants better understand the opportunities and risks associated with climate change and transitioning to a low carbon economy. These new carbon- and climate-focused index futures capture exposure to large and mid-cap securities across developed countries and allow investors to holistically integrate climate and carbon risk considerations into their investment process. The new carbon- and climate-focused MSCI Index futures include: This launch further expands ICEs offering of MSCI ESG Futures, which comprises six MSCI ESG Leaders Futures and the MSCI USA Climate Change Futures. ICE is also listing futures on a new index developed by MSCI in conjunction with ICE and market participants, the MSCI China Technology DR and P-Chip NTR Index Futures (contract symbol CHT). The index aims to track the performance of a set of Chinese companies represented by Depository Receipts and P Chips that generate revenue from technology-related activities. ICE is also listing futures on an additional four MSCI country-specific indices, which allow market participants to efficiently hedge or gain exposure to indices that capture large and mid-cap companies in Australia, Malaysia, Thailand and Hong Kong, and one regional index, the MSCI Kokusai GTR Index, denominated in Japanese Yen, also known as the MSCI World ex Japan Index. The new MSCI Futures contracts are listed below: ICE recently launched futures on the MSCI Emerging Markets ex China NTR Index, which began trading on November 23, 2020, and allows market participants to gain exposure in 25 of the 26 Emerging Markets countries excluding China in a single, effective instrument. George Harrington, Global Head of Futures and Options Licensing at MSCI, said: As the worlds largest provider of ESG indexes, we have witnessed fast adoption of climate indexes over the past 18 months as institutional investors look to position themselves for transition to a low-carbon economy. We are pleased to expand our relationship with ICE as investors around the world look to capture climate change risks and opportunities across the investment process. ICE is the leading venue for MSCI Index Futures and lists more than 100 futures contracts, said Caterina Caramaschi, Global Head of Equity Derivatives at ICE. ICE remains committed to providing market participants with tools to benchmark and effectively manage equity risk across various geographic-specific and ESG-related index futures. To learn more about MSCI Index Futures, please visit: https://www.theice.com/equity-index/msci. MSCI and the MSCI indexes are trademarks and service marks of MSCI Inc. or its affiliates and are used under license. About Intercontinental Exchange Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company and provider of marketplace infrastructure, data services and technology solutions to a broad range of customers including financial institutions, corporations and government entities. We operate regulated marketplaces, including the New York Stock Exchange, for the listing, trading and clearing of a broad array of derivatives contracts and financial securities across major asset classes. Our comprehensive data services offering supports the trading, investment, risk management and connectivity needs of customers around the world and across asset classes. As a leading technology provider for the U.S. residential mortgage industry, ICE Mortgage Technology provides the technology and infrastructure to transform and digitize U.S. residential mortgages, from application and loan origination through to final settlement. Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading Key Information Documents (KIDS). Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 6, 2020. SOURCE: Intercontinental Exchange ICE-CORP Answer:
Intercontinental Exchange Launches 10 New MSCI Index Futures Four New Contracts Help Manage Climate Risk and Are Only Available on ICE Futures U.S. The Additional Six Contracts Provide Specific Regional Exposure
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced the launch of futures on an additional 10 MSCI Indices. Four of the MSCI Indices help market participants better understand the opportunities and risks associated with climate change and transitioning to a low carbon economy. These new carbon- and climate-focused index futures capture exposure to large and mid-cap securities across developed countries and allow investors to holistically integrate climate and carbon risk considerations into their investment process. The new carbon- and climate-focused MSCI Index futures include: This launch further expands ICEs offering of MSCI ESG Futures, which comprises six MSCI ESG Leaders Futures and the MSCI USA Climate Change Futures. ICE is also listing futures on a new index developed by MSCI in conjunction with ICE and market participants, the MSCI China Technology DR and P-Chip NTR Index Futures (contract symbol CHT). The index aims to track the performance of a set of Chinese companies represented by Depository Receipts and P Chips that generate revenue from technology-related activities. ICE is also listing futures on an additional four MSCI country-specific indices, which allow market participants to efficiently hedge or gain exposure to indices that capture large and mid-cap companies in Australia, Malaysia, Thailand and Hong Kong, and one regional index, the MSCI Kokusai GTR Index, denominated in Japanese Yen, also known as the MSCI World ex Japan Index. The new MSCI Futures contracts are listed below: ICE recently launched futures on the MSCI Emerging Markets ex China NTR Index, which began trading on November 23, 2020, and allows market participants to gain exposure in 25 of the 26 Emerging Markets countries excluding China in a single, effective instrument. George Harrington, Global Head of Futures and Options Licensing at MSCI, said: As the worlds largest provider of ESG indexes, we have witnessed fast adoption of climate indexes over the past 18 months as institutional investors look to position themselves for transition to a low-carbon economy. We are pleased to expand our relationship with ICE as investors around the world look to capture climate change risks and opportunities across the investment process. ICE is the leading venue for MSCI Index Futures and lists more than 100 futures contracts, said Caterina Caramaschi, Global Head of Equity Derivatives at ICE. ICE remains committed to providing market participants with tools to benchmark and effectively manage equity risk across various geographic-specific and ESG-related index futures. To learn more about MSCI Index Futures, please visit: https://www.theice.com/equity-index/msci. MSCI and the MSCI indexes are trademarks and service marks of MSCI Inc. or its affiliates and are used under license. About Intercontinental Exchange Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company and provider of marketplace infrastructure, data services and technology solutions to a broad range of customers including financial institutions, corporations and government entities. We operate regulated marketplaces, including the New York Stock Exchange, for the listing, trading and clearing of a broad array of derivatives contracts and financial securities across major asset classes. Our comprehensive data services offering supports the trading, investment, risk management and connectivity needs of customers around the world and across asset classes. As a leading technology provider for the U.S. residential mortgage industry, ICE Mortgage Technology provides the technology and infrastructure to transform and digitize U.S. residential mortgages, from application and loan origination through to final settlement. Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading Key Information Documents (KIDS). Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 6, 2020. SOURCE: Intercontinental Exchange ICE-CORP
edtsum7814
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)--The Environmental, Health, and Safety Services market will register an incremental spend of about USD 16.93 billion, growing at a CAGR of 5.60% from 2020-2024. A targeted strategic approach to Environmental, Health, and Safety Services market sourcing can unlock several opportunities for buyers. This report offers market impact and new opportunities created due to the COVID-19 pandemic. Get free report sample within minutes Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of Environmental, Health, and Safety Services market Environmental, Health, and Safety Services Market Analysis Analysis of the cost and volume drivers and supply market forecasts in various regions are offered in this Environmental, Health, and Safety Services research report. This market intelligence report also analyzes the top supply markets and the critical cost drivers that can aid buyers and suppliers devise a cost-effective category management strategy. The report provides insights on the following information: For more information on the exact spend growth rate and yearly category spend, download a free sample. Spend Growth and Demand Segmentation To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free. Some of the top Environmental, Health, and Safety Services suppliers enlisted in this report This Environmental, Health, and Safety Services procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. This procurement report answers help buyers identify and shortlist the most suitable suppliers for their Environmental, Health, and Safety Services requirements following questions: Get access to regular sourcing and procurement insights to our digital procurement platform- Activate Free subscription. Table of Content Appendix About SpendEdge: SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more Request for demo Answer:
Environmental, Health, and Safety Services Market Research Report - Global Forecast to 2024 - Cumulative Impact for COVID-19 Recovery
LONDON--(BUSINESS WIRE)--The Environmental, Health, and Safety Services market will register an incremental spend of about USD 16.93 billion, growing at a CAGR of 5.60% from 2020-2024. A targeted strategic approach to Environmental, Health, and Safety Services market sourcing can unlock several opportunities for buyers. This report offers market impact and new opportunities created due to the COVID-19 pandemic. Get free report sample within minutes Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of Environmental, Health, and Safety Services market Environmental, Health, and Safety Services Market Analysis Analysis of the cost and volume drivers and supply market forecasts in various regions are offered in this Environmental, Health, and Safety Services research report. This market intelligence report also analyzes the top supply markets and the critical cost drivers that can aid buyers and suppliers devise a cost-effective category management strategy. The report provides insights on the following information: For more information on the exact spend growth rate and yearly category spend, download a free sample. Spend Growth and Demand Segmentation To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free. Some of the top Environmental, Health, and Safety Services suppliers enlisted in this report This Environmental, Health, and Safety Services procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. This procurement report answers help buyers identify and shortlist the most suitable suppliers for their Environmental, Health, and Safety Services requirements following questions: Get access to regular sourcing and procurement insights to our digital procurement platform- Activate Free subscription. Table of Content Appendix About SpendEdge: SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more Request for demo
edtsum7815
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--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Qutoutiao Inc. (Qutoutiao or the Company) (NASDAQ: QTT): (a) American Depositary Shares (ADSs or shares) pursuant and/or traceable to the Companys September 2018 initial public offering (IPO or the Offering); and/or (b) securities between September 14, 2018 and July 15, 2020, inclusive (the Class Period). Qutoutiao investors have until October 19, 2020 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. In September 2018, the Company completed its IPO, selling 13.8 million ADSs at $7.00 per share. On December 10, 2019, Wolfpack Research published a report, alleging among other things, that the Company had overstated its revenues by recording non-existent advances from advertising customers. Moreover, the report alleged that Qutoutiao replaced its third-party advertising agent with a related party, thereby bypassing the agents oversight and allowing the Company to perpetrate the unmitigated ad fraud that [Wolfpack] observed in [its] sample. On this news, the Companys share price fell $0.12, nearly 4%, to close at $2.86 per share on December 11, 2019, on unusually heavy trading volume On July 15, 2020, hosts of a consumer rights gala stated that Qutoutiao had allowed ads on its platform promoting exaggerated or impossible claims from weight-loss products. For example, one such ad offered free weight-loss products valued at $14,300 that would help users lose more than 30 pounds a month. On this news, the Companys share price fell $0.85, or 23%, to close at $2.84 per share on July 16, 2020, on unusually heavy trading volume. The complaint filed in this class action alleges that Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Qutoutiao replaced its advertising agent with a related party, thereby bypassing third-party oversight of the content and quality of the advertisements; (2) that the Company placed advertisements on its mobile app for products whose claims could not be substantiated and thus were considered false advertisements under applicable regulations; (3) that, as a result, the Company would face increasing regulatory scrutiny and reputational harm; (4) that, as a result, the Companys advertising revenue was reasonably likely to decline; and (5) that, as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Qutoutiao securities during the Class Period, you may move the Court no later than October 19, 2020 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased Qutoutiao securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Answer:
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Qutoutiao Inc. (QTT) Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Qutoutiao Inc. (Qutoutiao or the Company) (NASDAQ: QTT): (a) American Depositary Shares (ADSs or shares) pursuant and/or traceable to the Companys September 2018 initial public offering (IPO or the Offering); and/or (b) securities between September 14, 2018 and July 15, 2020, inclusive (the Class Period). Qutoutiao investors have until October 19, 2020 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. In September 2018, the Company completed its IPO, selling 13.8 million ADSs at $7.00 per share. On December 10, 2019, Wolfpack Research published a report, alleging among other things, that the Company had overstated its revenues by recording non-existent advances from advertising customers. Moreover, the report alleged that Qutoutiao replaced its third-party advertising agent with a related party, thereby bypassing the agents oversight and allowing the Company to perpetrate the unmitigated ad fraud that [Wolfpack] observed in [its] sample. On this news, the Companys share price fell $0.12, nearly 4%, to close at $2.86 per share on December 11, 2019, on unusually heavy trading volume On July 15, 2020, hosts of a consumer rights gala stated that Qutoutiao had allowed ads on its platform promoting exaggerated or impossible claims from weight-loss products. For example, one such ad offered free weight-loss products valued at $14,300 that would help users lose more than 30 pounds a month. On this news, the Companys share price fell $0.85, or 23%, to close at $2.84 per share on July 16, 2020, on unusually heavy trading volume. The complaint filed in this class action alleges that Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Qutoutiao replaced its advertising agent with a related party, thereby bypassing third-party oversight of the content and quality of the advertisements; (2) that the Company placed advertisements on its mobile app for products whose claims could not be substantiated and thus were considered false advertisements under applicable regulations; (3) that, as a result, the Company would face increasing regulatory scrutiny and reputational harm; (4) that, as a result, the Companys advertising revenue was reasonably likely to decline; and (5) that, as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Qutoutiao securities during the Class Period, you may move the Court no later than October 19, 2020 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased Qutoutiao securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
edtsum7833
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: PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (U. S. Steel) today announced that it will release financial results for the first quarter 2021 on Thursday, April 29, 2021 following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the companys webcast on Friday, April 30, 2021 at 8:30 a.m. EDT. The webcast will discuss the first quarter 2021 financial results and provide a company update which may include forward-looking information. U. S. Steel officials participating on the webcast include David B. Burritt, President and Chief Executive Officer, Christine S. Breves, Senior Vice President and Chief Financial Officer, Rich Fruehauf, Senior Vice President, Chief Strategy and Development Officer and Kevin Lewis, Vice President, Investor Relations and Corporate FP&A. To access the webcast, visit the companys website at www.ussteel.com and click Investors. Shortly after the call, a replay of the webcast will be available on the companys website. Financial information, including earnings releases, certain SEC filings and other investor-related material, is also available at the companys website. Founded in 1901, the United States Steel Corporation is a Fortune 250 company and a leading steel producer. Together with its subsidiary Big River Steel and an unwavering focus on safety, the companys customer-centric Best of BothSM world-competitive integrated and mini mill technology strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers and packaging industries with high value-added steel products such as U. S. Steels proprietary XG3 advanced high-strength steel. The company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 26.2 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com. Answer:
United States Steel Corporation to Release First Quarter 2021 Financial Results on April 29, 2021
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (U. S. Steel) today announced that it will release financial results for the first quarter 2021 on Thursday, April 29, 2021 following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the companys webcast on Friday, April 30, 2021 at 8:30 a.m. EDT. The webcast will discuss the first quarter 2021 financial results and provide a company update which may include forward-looking information. U. S. Steel officials participating on the webcast include David B. Burritt, President and Chief Executive Officer, Christine S. Breves, Senior Vice President and Chief Financial Officer, Rich Fruehauf, Senior Vice President, Chief Strategy and Development Officer and Kevin Lewis, Vice President, Investor Relations and Corporate FP&A. To access the webcast, visit the companys website at www.ussteel.com and click Investors. Shortly after the call, a replay of the webcast will be available on the companys website. Financial information, including earnings releases, certain SEC filings and other investor-related material, is also available at the companys website. Founded in 1901, the United States Steel Corporation is a Fortune 250 company and a leading steel producer. Together with its subsidiary Big River Steel and an unwavering focus on safety, the companys customer-centric Best of BothSM world-competitive integrated and mini mill technology strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers and packaging industries with high value-added steel products such as U. S. Steels proprietary XG3 advanced high-strength steel. The company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 26.2 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.
edtsum7837
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: SEOUL, South Korea--(BUSINESS WIRE)--MCST (Ministry of Culture, Sports, and Tourism; Minister: Park Yang-woo) and VKC (Visit Korea Committee) will host a culture & tourism festival for foreigners 'Korea Grand Sale 2021' from January 14 to February 28. Korea Grand Sale is a representative festival of shopping, culture, and tourism that provides attractive tourism contents and shopping benefits to attract foreign tourists during the off-season of tourism in winter. This festival will be specially held online in 2021 due to the COVID-19 situation. Korea Grand Sale 2021 offers a variety of programs: Online Cultural Tours Around Korea wherein people can experience and purchase Korean cultural content in a contactless way; Special Online Shopping Mall Event wherein discounts are offered for items of K-beauty, K-food, and K-fashion, which are popular among foreign tourists; Korean Tourism Products Pre-purchase Promotion which offers discounts on tourism products to encourage foreign tourists to visit Korea when the COVID-19 era comes to an end; and Share Your Korea, a social media campaign with a hashtag designed to promote foreigners to participate on social media as well as on the Internet. The Korea Grand Sale 2021 will be opened with the online concert of K-pop idol singer OH MY GIRL for 46 days from Jan. 14. For further information, please visit the official website of the Korea Grand Sale (www.koreagrandsale.co.kr). Answer:
Enjoy the Amazing K-Contents Online... Korea Grand Sale 2021, a Culture & Tourism Festival for Foreigners, to Be Held Online - For 46 days from January 14, as an online promotion
SEOUL, South Korea--(BUSINESS WIRE)--MCST (Ministry of Culture, Sports, and Tourism; Minister: Park Yang-woo) and VKC (Visit Korea Committee) will host a culture & tourism festival for foreigners 'Korea Grand Sale 2021' from January 14 to February 28. Korea Grand Sale is a representative festival of shopping, culture, and tourism that provides attractive tourism contents and shopping benefits to attract foreign tourists during the off-season of tourism in winter. This festival will be specially held online in 2021 due to the COVID-19 situation. Korea Grand Sale 2021 offers a variety of programs: Online Cultural Tours Around Korea wherein people can experience and purchase Korean cultural content in a contactless way; Special Online Shopping Mall Event wherein discounts are offered for items of K-beauty, K-food, and K-fashion, which are popular among foreign tourists; Korean Tourism Products Pre-purchase Promotion which offers discounts on tourism products to encourage foreign tourists to visit Korea when the COVID-19 era comes to an end; and Share Your Korea, a social media campaign with a hashtag designed to promote foreigners to participate on social media as well as on the Internet. The Korea Grand Sale 2021 will be opened with the online concert of K-pop idol singer OH MY GIRL for 46 days from Jan. 14. For further information, please visit the official website of the Korea Grand Sale (www.koreagrandsale.co.kr).
edtsum7847
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: LINCOLN, Neb., Feb. 19, 2021 /PRNewswire/ -- The newest Sandhills Global market data reports dive deep into used asking values, which have shown upward trends year-over-year across the agriculture, construction, and truck markets. Sandhills Used Price Asking Index tracks the ever-changing listing values across Sandhills marketplaces like TractorHouse.com, MachineryTrader.com, and TruckPaper.com to reveal trends about how sellers currently perceive equipment values. Class 8: US Used Market Sleeper Truck Dozers: US Used Market Avg Price Index by Age Group Tractors: US Used Market Avg Price Index by Age Group Across all three markets, the Sandhills Used Price Asking Index shows that machines in the 0- to 5-year age group are driving the upward trend in asking value. Sellers can use information in Sandhills market data reports, such as the Used Price Asking Index, to establish their equipment values with an eye to shifting market conditions. Chart TakeawaysThe across-the-board YOY gains in the Sandhills Used Price Asking Index are highlighted by a 2.3% YOY increase in the sleeper truck market, marking the first monthly YOY increase since June of 2019. Sandhills market reports feature detailed analysis of each market and break down the most notable changes with easy-to-reference charts such as those included here. U.S. Used Heavy-Duty Trucks Within the 0- to 5-year age group in sleeper trucks, asking values are up 9.5% YOY, and day cab trucks in the same age range experienced a similar YOY asking value increaseup 6.7%. U.S. Used Low Horsepower Dozers Sandhills Used Price Asking Index data, seen in the accompanying chart, shows that low horsepower dozers in the 0- to 5-year age group have been trending upward since Q3 2020, and asking values in this category are up nearly 4% YOY. Sandhills Used Price Asking Index for construction equipment was up 5.6% YOY. U.S. Used Tractors Tractors within the 0- to 5-year age group were a primary driver of the asking value increases in the agriculture market. Asking values for tractors in this age group rated with a horsepower between 100 and 174 were up 4.8%, while tractors in the 175- to 299-horsepower range were up 6.6% YOY. Overall, Sandhills Used Price Asking Index for used equipment in the agriculture market was up 5.6% YOY. Obtain the Full ReportFor more information, or to receive detailed analysis from Sandhills Global, contact us at [emailprotected]. About Sandhills Global Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Globalwe are the cloud.About the Sandhills Used Price IndexThe Sandhills Used Price Index is a principal gauge of the estimated market values of used assetsboth currently and over timeacross the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces. Powered by FleetEvaluator, Sandhills' proprietary asset valuation tool, the Used Price Index provides useful insights into the ever-changing supply-and-demand conditions for each industry.Contact Sandhillswww.sandhills.com/contact-us 402-479-2181SOURCE Sandhills Global Related Links https://www.sandhills.com Answer:
Sandhills Market Data Finds Late Model Machines Driving Higher Asking Values
LINCOLN, Neb., Feb. 19, 2021 /PRNewswire/ -- The newest Sandhills Global market data reports dive deep into used asking values, which have shown upward trends year-over-year across the agriculture, construction, and truck markets. Sandhills Used Price Asking Index tracks the ever-changing listing values across Sandhills marketplaces like TractorHouse.com, MachineryTrader.com, and TruckPaper.com to reveal trends about how sellers currently perceive equipment values. Class 8: US Used Market Sleeper Truck Dozers: US Used Market Avg Price Index by Age Group Tractors: US Used Market Avg Price Index by Age Group Across all three markets, the Sandhills Used Price Asking Index shows that machines in the 0- to 5-year age group are driving the upward trend in asking value. Sellers can use information in Sandhills market data reports, such as the Used Price Asking Index, to establish their equipment values with an eye to shifting market conditions. Chart TakeawaysThe across-the-board YOY gains in the Sandhills Used Price Asking Index are highlighted by a 2.3% YOY increase in the sleeper truck market, marking the first monthly YOY increase since June of 2019. Sandhills market reports feature detailed analysis of each market and break down the most notable changes with easy-to-reference charts such as those included here. U.S. Used Heavy-Duty Trucks Within the 0- to 5-year age group in sleeper trucks, asking values are up 9.5% YOY, and day cab trucks in the same age range experienced a similar YOY asking value increaseup 6.7%. U.S. Used Low Horsepower Dozers Sandhills Used Price Asking Index data, seen in the accompanying chart, shows that low horsepower dozers in the 0- to 5-year age group have been trending upward since Q3 2020, and asking values in this category are up nearly 4% YOY. Sandhills Used Price Asking Index for construction equipment was up 5.6% YOY. U.S. Used Tractors Tractors within the 0- to 5-year age group were a primary driver of the asking value increases in the agriculture market. Asking values for tractors in this age group rated with a horsepower between 100 and 174 were up 4.8%, while tractors in the 175- to 299-horsepower range were up 6.6% YOY. Overall, Sandhills Used Price Asking Index for used equipment in the agriculture market was up 5.6% YOY. Obtain the Full ReportFor more information, or to receive detailed analysis from Sandhills Global, contact us at [emailprotected]. About Sandhills Global Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Globalwe are the cloud.About the Sandhills Used Price IndexThe Sandhills Used Price Index is a principal gauge of the estimated market values of used assetsboth currently and over timeacross the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces. Powered by FleetEvaluator, Sandhills' proprietary asset valuation tool, the Used Price Index provides useful insights into the ever-changing supply-and-demand conditions for each industry.Contact Sandhillswww.sandhills.com/contact-us 402-479-2181SOURCE Sandhills Global Related Links https://www.sandhills.com
edtsum7851
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., June 8, 2020 /PRNewswire/ --MatSing (matsing.com), the world's leading manufacturer of high-capacity RF lens antennas, today announced that it has entered into a partnership with MobileNet Services. MobileNet has extensive knowledge, expertise, and creativity designing wireless infrastructures for lens antennas in stadiums. "We have successfully deployed multiple stadium projects with MobileNet, and they are by far the best stadium design company for our lens antennas," said Michael Matytsine, executive vice president of operations at MatSing."MobileNet possess the required skills and expertise to design lens antennas into any stadium. This enables them to provide reliable, high-performance connectivity to anyone, anywhere, at any time, at a fully occupied event." Amalie Arena MatSing's patented and established lens antenna technology enables MobileNet to provide the best possible solution to its customers. Using MatSing antennas, MobileNet implemented the world's first large scale, lightweight, and low power mobile infrastructure multi-beam lens antenna solution. MatSing's spherical lens antennas are based on a unique patented technology that allows a single antenna to provide up to 48 high capacity coverage sectors, replacing 48 traditional antennas with a single lens. Unlike other current solutions, like under-seat antennas, the Matsing lens antennas typically have a clear line-of-sight path to potential users, offering faster and better connections, while significantly reducing the number of antenna locations. The new and unique design of the MatSing antennas provides the best radio frequency signal control in the industry, giving users exceptional RF performance at lower power consumption. "MobileNet is a capable and respected partner whose expertise complements our unique and powerful lens technology," added Matytsine. "Moving to 5G even further increases the importance of high-quality RF engineering in implementing smart solutions and densification strategies to bolster high capacity and extend coverage. With our partnership with MobileNet, we are well positioned to meet all expectations for each of our stadium customers." "We take great pride in delivering the highest quality engineering services to the wireless industry," said Richard Grant, president of MobileNet Services. "It is an extreme pleasure working with the MatSing team because of their world-class lens antenna technology and professionalism. When we are working on new stadium design projects, MatSing lens antennas offer the perfect solution by providing a balance of high capacity and great performance!" For more information about MatSing lens antenna technology, visit www.MatSing.com or call 949.585.5144. About MatSing, Inc.MatSing's patented and vetted lens technology enables them to be at the forefront of the antenna industry. Starting in 2005 with an expertise in metamaterials, they used that knowledge to design and create the world's first large, lightweight, multi-beam RF lenses. Their unique technology has brought a new age of high-performance and high-capacity antennas to the telecommunications industry.MatSing provides a range of antennas for all applications (Macro, Events, and Venues) allowing customers to select the correct antenna type based on the number of cell site locations and required capacity. Each antenna provides multiple independent sectors covering multiple bands, allowing users to have the highest capacity from the fewest locationsup to 48 independent sectors from a single antenna.The new and unique design of the MatSing antennas provides the best radio frequency signal control in the industry, giving users exceptional RF performance at much lower power. MatSing lens technology is the perfect fit for 4G, LTE, and 5G, and it is seen as the most cost-effective network densification tool in the industry.Visit MatSing at www.MatSing.com for more information.About MobileNet Services, Inc.MobileNet is a nationwide Engineering Services provider of design, integration, optimization, performance validation and testing services for the wireless industry. MobileNet's expertise spans all wireless technologies deployed on In-Building/Stadium Distributed Antenna Systems (DAS), Macro Networks, IoT and Public Safety Emergency Responder Radio Coverage Systems (ERRCS).Visit MobileNet at www.mobilenet.net for more information. MatSing and the MatSing logo are registered trademarks of MatSing, Inc.All other trademarks in this release are the property of their respective owners. Contact Information:Janet Roberts949-443-1695[emailprotected] SOURCE MatSing, Inc. Related Links http://www.matsing.com/ Answer:
MatSing and MobileNet Partner Providing Proven, Turnkey Design Services for Exceptional Wireless Performance in Stadiums Using Lens Antennas This partnership enables MatSing to provide all business partners with the highest quality and most innovative RF design engineering services
IRVINE, Calif., June 8, 2020 /PRNewswire/ --MatSing (matsing.com), the world's leading manufacturer of high-capacity RF lens antennas, today announced that it has entered into a partnership with MobileNet Services. MobileNet has extensive knowledge, expertise, and creativity designing wireless infrastructures for lens antennas in stadiums. "We have successfully deployed multiple stadium projects with MobileNet, and they are by far the best stadium design company for our lens antennas," said Michael Matytsine, executive vice president of operations at MatSing."MobileNet possess the required skills and expertise to design lens antennas into any stadium. This enables them to provide reliable, high-performance connectivity to anyone, anywhere, at any time, at a fully occupied event." Amalie Arena MatSing's patented and established lens antenna technology enables MobileNet to provide the best possible solution to its customers. Using MatSing antennas, MobileNet implemented the world's first large scale, lightweight, and low power mobile infrastructure multi-beam lens antenna solution. MatSing's spherical lens antennas are based on a unique patented technology that allows a single antenna to provide up to 48 high capacity coverage sectors, replacing 48 traditional antennas with a single lens. Unlike other current solutions, like under-seat antennas, the Matsing lens antennas typically have a clear line-of-sight path to potential users, offering faster and better connections, while significantly reducing the number of antenna locations. The new and unique design of the MatSing antennas provides the best radio frequency signal control in the industry, giving users exceptional RF performance at lower power consumption. "MobileNet is a capable and respected partner whose expertise complements our unique and powerful lens technology," added Matytsine. "Moving to 5G even further increases the importance of high-quality RF engineering in implementing smart solutions and densification strategies to bolster high capacity and extend coverage. With our partnership with MobileNet, we are well positioned to meet all expectations for each of our stadium customers." "We take great pride in delivering the highest quality engineering services to the wireless industry," said Richard Grant, president of MobileNet Services. "It is an extreme pleasure working with the MatSing team because of their world-class lens antenna technology and professionalism. When we are working on new stadium design projects, MatSing lens antennas offer the perfect solution by providing a balance of high capacity and great performance!" For more information about MatSing lens antenna technology, visit www.MatSing.com or call 949.585.5144. About MatSing, Inc.MatSing's patented and vetted lens technology enables them to be at the forefront of the antenna industry. Starting in 2005 with an expertise in metamaterials, they used that knowledge to design and create the world's first large, lightweight, multi-beam RF lenses. Their unique technology has brought a new age of high-performance and high-capacity antennas to the telecommunications industry.MatSing provides a range of antennas for all applications (Macro, Events, and Venues) allowing customers to select the correct antenna type based on the number of cell site locations and required capacity. Each antenna provides multiple independent sectors covering multiple bands, allowing users to have the highest capacity from the fewest locationsup to 48 independent sectors from a single antenna.The new and unique design of the MatSing antennas provides the best radio frequency signal control in the industry, giving users exceptional RF performance at much lower power. MatSing lens technology is the perfect fit for 4G, LTE, and 5G, and it is seen as the most cost-effective network densification tool in the industry.Visit MatSing at www.MatSing.com for more information.About MobileNet Services, Inc.MobileNet is a nationwide Engineering Services provider of design, integration, optimization, performance validation and testing services for the wireless industry. MobileNet's expertise spans all wireless technologies deployed on In-Building/Stadium Distributed Antenna Systems (DAS), Macro Networks, IoT and Public Safety Emergency Responder Radio Coverage Systems (ERRCS).Visit MobileNet at www.mobilenet.net for more information. MatSing and the MatSing logo are registered trademarks of MatSing, Inc.All other trademarks in this release are the property of their respective owners. Contact Information:Janet Roberts949-443-1695[emailprotected] SOURCE MatSing, Inc. Related Links http://www.matsing.com/
edtsum7854
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 26, 2021 /PRNewswire/ --Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer. During March, the average estimated cost to transfer retiree pension risk to an insurer rose slightly, from 102.1% of a plan's total liabilities to 102.7% of those liabilities. This means the average estimated retiree PRT cost for the month is now 2.7% more than those plans' retiree accumulated benefit obligation (ABO). Annuity purchase costs reflecting competition amongst insurers also increased, from 99.3% in February to 99.7% in March. Despite the increase, competitive retiree buyout costs remain optimistic at just under 100% of the ABO Tweet this "As discount rates continued to climb upward in March, buyout rates lagged slightly behind the growth in accounting rates, resulting in an increase in the relative buyout cost," says Mary Leong, a consulting actuary with Milliman and co-author of the study. "Despite the increase, competitive retiree buyout costs remain optimistic at just under 100% of the ABO, keeping de-risking strategies attractive for plan sponsors looking to annuitize retiree populations." The MPBI uses the FTSE Above Median AA Curve, along with annuity purchase composite interest rates from eight insurers, to estimate the average and competitive costs of a PRT annuity de-risking strategy. Individual plan annuity buyouts can vary based on plan size, complexity, and competitive landscape.To view the complete Milliman Pension Buyout Index, go to https://www.milliman.com/mpbi. About MillimanMilliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit milliman.com.SOURCE Milliman, Inc. Related Links www.milliman.com Answer:
Milliman analysis: Competitive pricing rate for pension risk transfer costs increase to 99.7% in March Meanwhile the average estimated cost of retiree pension risk transfer climbs to 102.7%
SEATTLE, April 26, 2021 /PRNewswire/ --Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer. During March, the average estimated cost to transfer retiree pension risk to an insurer rose slightly, from 102.1% of a plan's total liabilities to 102.7% of those liabilities. This means the average estimated retiree PRT cost for the month is now 2.7% more than those plans' retiree accumulated benefit obligation (ABO). Annuity purchase costs reflecting competition amongst insurers also increased, from 99.3% in February to 99.7% in March. Despite the increase, competitive retiree buyout costs remain optimistic at just under 100% of the ABO Tweet this "As discount rates continued to climb upward in March, buyout rates lagged slightly behind the growth in accounting rates, resulting in an increase in the relative buyout cost," says Mary Leong, a consulting actuary with Milliman and co-author of the study. "Despite the increase, competitive retiree buyout costs remain optimistic at just under 100% of the ABO, keeping de-risking strategies attractive for plan sponsors looking to annuitize retiree populations." The MPBI uses the FTSE Above Median AA Curve, along with annuity purchase composite interest rates from eight insurers, to estimate the average and competitive costs of a PRT annuity de-risking strategy. Individual plan annuity buyouts can vary based on plan size, complexity, and competitive landscape.To view the complete Milliman Pension Buyout Index, go to https://www.milliman.com/mpbi. About MillimanMilliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit milliman.com.SOURCE Milliman, Inc. Related Links www.milliman.com
edtsum7856
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: EXTON, Pa.--(BUSINESS WIRE)--iPipelinea leading provider of no code / low code cloud-based software solutions for the life insurance and financial services industrytoday announced that Catholic Order of Foresters has selected its WELIS Ascent Illustration System to modernize how their agents present diversified insurance products to consumers seeking protection. The WELIS Ascent Illustration System is a scalable platform, designed to help insurers sell and service customers in a multi-channel distribution environment. The award-winning software is constructed as a standard single life illustration system that can be transformed into a sophisticated multiple life / multiple plan system with a single button click. iPipeline acquired WELIS in September 2020 and is one of the largest providers of illustrations in the life insurance industry. Educating consumers about what they are buying and how it is likely to perform in the future is critical to selling life insurance products. Automating the task of providing detailed illustrations to consumers not only enables agents to more effectively sell but allows them to show the differences more effectively across a range of products. Agents need to ensure that they are clearly educating consumers about products shaping their financial futures. Our platform fulfills this important need, said Larry Berran, CEO, iPipeline. WELIS Ascent is a feature-rich illustration platform offering flexibility and a range of features to improve sales presentations. The ability to rapidly make changes to support ongoing presentations provides speed-to-market advantages and improves consumer satisfaction. We are confident the agents at Catholic Order of Foresters will see an immediate benefit by using this new platform to educate their customers during the education and selling process. From the beginning, iPipelines WELIS team stood out from the competition as a group that would build a strong relationship with us and forge a joint effort for the implementation of the new illustration platform. This was critical for us as we wanted to be able to update interest rates and make rider changes on our own, as well as execute other modifications to the platform without a heavy dependence on the tech provider. We were seeking a level of self-service to address our daily needs on the fly and saw that with iPipelines WELIS system, said Geno Turek, Vice President, Product Solutions, Catholic Order of Foresters. Of equal importance was finding a highly scalable platform with a variety of presentation features to support our growth and make life easier for our agents. Ultimately, the ability to present our product portfolio more effectively is what led to the selection. Their platform allows our agents to efficiently select the best products to address specific financial needs. To learn how you can implement iPipelines innovations to automate how your products are sold and processed, contact sales@ipipeline.com or call 1-800-758-0824, option 2. About Catholic Order of Foresters Catholic Order of Foresters is a fraternal benefit life insurance society dedicated to helping members achieve financial security through life insurance while supporting the Catholic community through fraternal outreach. COF is licensed in 32 states and Washington, D.C. Our product portfolio includes Term, Whole Life, Universal Life, and Annuities. Visit us at www.catholicforester.org. About iPipeline iPipeline is a leading provider of no code / low code, cloud-based software solutions for the life insurance and financial services industry. Through our SSG Digital, end-to-end platform, we accelerate and simplify sales, compliance, operations, and support. We provide process automation and seamless integration between every participant in our ecosystem including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers on a global basis. Our innovative solutions include pre-sales support, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, user-driven configuration, consumer delivery and self-service, and agency and firm management. iPipelines platform is used by approximately 450 carriers and fund companies, 1,400 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Boston, Bromley (UK), Burlington (Canada), Cheltenham (UK), Dallas, Davidson, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com. Answer:
Catholic Order of Foresters Modernizes with WELIS Ascent Illustration System New Platform Enables Agents to More Effectively Present Products to Consumers
EXTON, Pa.--(BUSINESS WIRE)--iPipelinea leading provider of no code / low code cloud-based software solutions for the life insurance and financial services industrytoday announced that Catholic Order of Foresters has selected its WELIS Ascent Illustration System to modernize how their agents present diversified insurance products to consumers seeking protection. The WELIS Ascent Illustration System is a scalable platform, designed to help insurers sell and service customers in a multi-channel distribution environment. The award-winning software is constructed as a standard single life illustration system that can be transformed into a sophisticated multiple life / multiple plan system with a single button click. iPipeline acquired WELIS in September 2020 and is one of the largest providers of illustrations in the life insurance industry. Educating consumers about what they are buying and how it is likely to perform in the future is critical to selling life insurance products. Automating the task of providing detailed illustrations to consumers not only enables agents to more effectively sell but allows them to show the differences more effectively across a range of products. Agents need to ensure that they are clearly educating consumers about products shaping their financial futures. Our platform fulfills this important need, said Larry Berran, CEO, iPipeline. WELIS Ascent is a feature-rich illustration platform offering flexibility and a range of features to improve sales presentations. The ability to rapidly make changes to support ongoing presentations provides speed-to-market advantages and improves consumer satisfaction. We are confident the agents at Catholic Order of Foresters will see an immediate benefit by using this new platform to educate their customers during the education and selling process. From the beginning, iPipelines WELIS team stood out from the competition as a group that would build a strong relationship with us and forge a joint effort for the implementation of the new illustration platform. This was critical for us as we wanted to be able to update interest rates and make rider changes on our own, as well as execute other modifications to the platform without a heavy dependence on the tech provider. We were seeking a level of self-service to address our daily needs on the fly and saw that with iPipelines WELIS system, said Geno Turek, Vice President, Product Solutions, Catholic Order of Foresters. Of equal importance was finding a highly scalable platform with a variety of presentation features to support our growth and make life easier for our agents. Ultimately, the ability to present our product portfolio more effectively is what led to the selection. Their platform allows our agents to efficiently select the best products to address specific financial needs. To learn how you can implement iPipelines innovations to automate how your products are sold and processed, contact sales@ipipeline.com or call 1-800-758-0824, option 2. About Catholic Order of Foresters Catholic Order of Foresters is a fraternal benefit life insurance society dedicated to helping members achieve financial security through life insurance while supporting the Catholic community through fraternal outreach. COF is licensed in 32 states and Washington, D.C. Our product portfolio includes Term, Whole Life, Universal Life, and Annuities. Visit us at www.catholicforester.org. About iPipeline iPipeline is a leading provider of no code / low code, cloud-based software solutions for the life insurance and financial services industry. Through our SSG Digital, end-to-end platform, we accelerate and simplify sales, compliance, operations, and support. We provide process automation and seamless integration between every participant in our ecosystem including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers on a global basis. Our innovative solutions include pre-sales support, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, user-driven configuration, consumer delivery and self-service, and agency and firm management. iPipelines platform is used by approximately 450 carriers and fund companies, 1,400 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Boston, Bromley (UK), Burlington (Canada), Cheltenham (UK), Dallas, Davidson, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.
edtsum7858
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, March 18, 2020 /PRNewswire/ --David Hebert, JD, Chief Executive Officer of the American Association of Nurse Practitioners (AANP), issued the following statement today following a meeting with President Donald Trump, Vice President Mike Pence, and members of the Coronavirus Task Force to discuss strategies for strengthening our nation's response to the Coronavirus Disease 2019 (COVID-19) pandemic: "We thank the Administration for its efforts to coordinate with AANP and other national nursing organizations, as we combat this crisis together. It was critical for us to convey the priorities of the nation's 290,000 nurse practitioners [NPs] serving on the frontlines of our national response to the pandemic. First and foremost, NPs and all health care providers urgently need personal protection equipment, such as masks and gowns to ensure their safety and that of all health care providers treating patients with COVID-19. Supplies are also necessary to implement testing as well as respirators for treating patients. We asked the Administration to support this priority to the fullest extent of its authority. Second, we respectfully requested that the Administration work expeditiously to lift all federal barriers that today prevent NPs from practicing to the top of their profession. Further, we call on the nation's governors to immediately suspend all legislative and regulatory barriers that prevent NPs from providing patients with full and direct access to all the health care services NPs are clinically educated and prepared to provide. We must give NPs the tools and authority now to protect the health and safety of patients. We request a continued dialogue with the Administration as we navigate this challenging landscape." The American Association of Nurse Practitioners (AANP)is the largest professional membership organization for nurse practitioners (NPs) of all specialties. It represents the interests of the more than 290,000 licensed NPs in the U.S. AANP provides legislative leadership at the local, state and national levels, advancing health policy; promoting excellence in practice, education and research; and establishing standards that best serve NPs' patients and other health care consumers. AsThe Voice of the Nurse Practitioner, AANP represents the interests of NPs as providers of high-quality, cost-effective, comprehensive, patient-centered health care. For more information about NPs, visitaanp.org. For COVID-19 information from AANP, visit http://bit.ly/2QsuRGr. SOURCE American Association of Nurse Practitioners Related Links http://www.aanp.org Answer:
AANP Statement on Administration Meeting Supporting Nursing Community Coronavirus Response
AUSTIN, Texas, March 18, 2020 /PRNewswire/ --David Hebert, JD, Chief Executive Officer of the American Association of Nurse Practitioners (AANP), issued the following statement today following a meeting with President Donald Trump, Vice President Mike Pence, and members of the Coronavirus Task Force to discuss strategies for strengthening our nation's response to the Coronavirus Disease 2019 (COVID-19) pandemic: "We thank the Administration for its efforts to coordinate with AANP and other national nursing organizations, as we combat this crisis together. It was critical for us to convey the priorities of the nation's 290,000 nurse practitioners [NPs] serving on the frontlines of our national response to the pandemic. First and foremost, NPs and all health care providers urgently need personal protection equipment, such as masks and gowns to ensure their safety and that of all health care providers treating patients with COVID-19. Supplies are also necessary to implement testing as well as respirators for treating patients. We asked the Administration to support this priority to the fullest extent of its authority. Second, we respectfully requested that the Administration work expeditiously to lift all federal barriers that today prevent NPs from practicing to the top of their profession. Further, we call on the nation's governors to immediately suspend all legislative and regulatory barriers that prevent NPs from providing patients with full and direct access to all the health care services NPs are clinically educated and prepared to provide. We must give NPs the tools and authority now to protect the health and safety of patients. We request a continued dialogue with the Administration as we navigate this challenging landscape." The American Association of Nurse Practitioners (AANP)is the largest professional membership organization for nurse practitioners (NPs) of all specialties. It represents the interests of the more than 290,000 licensed NPs in the U.S. AANP provides legislative leadership at the local, state and national levels, advancing health policy; promoting excellence in practice, education and research; and establishing standards that best serve NPs' patients and other health care consumers. AsThe Voice of the Nurse Practitioner, AANP represents the interests of NPs as providers of high-quality, cost-effective, comprehensive, patient-centered health care. For more information about NPs, visitaanp.org. For COVID-19 information from AANP, visit http://bit.ly/2QsuRGr. SOURCE American Association of Nurse Practitioners Related Links http://www.aanp.org
edtsum7872
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 22, 2020 /PRNewswire/ -- Namely, the leading HR platform for mid-sized companies, having recently analyzed aggregated data from its popular time and attendance management functionality, today released its findings regarding the impact of the COVID-19 pandemic on "paid time off" (PTO) requests. In January and February 2020, PTO requests stayed almost exactly the same as they did in 2019. As stay-at-home orders became mainstream in March 2020, Namely's platform saw a year-over-year decline in PTO requests (36 percent of employees requested off in March 2019 versus only 27 percent in March 2020); yet, the average length of requests was longer. In April 2020, employees requesting PTO plunged to 18 percent on average versus 38 percent during the same month in 2019. By May 2020, as restrictions started to lift, PTO requests were on the rise again, although still significantly lower (24 percent of employees requesting off) than in May 2019 (38 percent of employees requesting off). According to a 2019 study by WorldatWork, 37 percent of employees do not use their allotted paid time off each year. To encourage utilization of this critical benefit, some organizations have established a "use or lose" policy. With so much uncertainty in today's workplace, a clearly stated vacation policy with an automated approval process helps employees feel empowered to take the time they've earned. Industry analyst Madeline Laurano, Founder of Aptitude Research, commented, "COVID-19 has disrupted almost every aspect of work-life balance, from work-from-home to homeschooling. While it might feel like taking paid time off doesn't make sense right now, unplugging during the summer months can help employees manage the burnout of these pandemic times. In fact, it can actually result in improved productivity and employee engagement." Namely's CEO Larry Dunivan added, "With travel restrictions in place, it might seem counterintuitive to take time off; however, taking a break from work can be restorative. Giving managers visibility into schedules in advance and communicating the ground rules to everyone ensures employees can leverage their PTO benefits. In helping employees achieve some of those restorative benefits, Namely added two company holidays and offered summer hours in July and August to encourage employees towards this objective." Namely tracks PTO request data annually and compares the current year against the previous year. PTO as in vacation requests is tracked separately from longer-term leave requests. Data was normalized for fluctuations related to COVID-19. For more information about Namely's time and attendance software, including online time tracking, mobile/geo-fenced time tracking, scheduling and reporting, please visit https://hubs.ly/H0rHvSb0. About NamelyNamely is the #1 HR Software company that empowers mid-sized businesses to build better workplaces. Its cloud-based software brings HCM, benefits, insights, payroll, and time into a single-view platform to help modern HR teams make data-driven decisions about their people and understand what's really going on in their workforce. The Namely ecosystem includes powerful integrations with market-leading applicant tracking, identity management, ERP, compliance, E-Verify solutions, and more. Serving more than 1,400 clients with 230,000 employees globally, the company is backed by leading investors, including Altimeter Capital, GGV Capital, Matrix Partners, Scale Venture Partners, Sequoia Capital, Tenaya Capital, and True Ventures. For more information, visit www.Namely.com. Note to editors: Trademarks and registered trademarks referenced herein remain the property of their respective owners. SOURCE Namely Related Links www.namely.com Answer:
As Restrictions Lift and Summer Approaches, Will Employees Take Their Vacation Time? Namely's Easy-to-Use Time Tracking Functionality Reveals PTO Trends
NEW YORK, June 22, 2020 /PRNewswire/ -- Namely, the leading HR platform for mid-sized companies, having recently analyzed aggregated data from its popular time and attendance management functionality, today released its findings regarding the impact of the COVID-19 pandemic on "paid time off" (PTO) requests. In January and February 2020, PTO requests stayed almost exactly the same as they did in 2019. As stay-at-home orders became mainstream in March 2020, Namely's platform saw a year-over-year decline in PTO requests (36 percent of employees requested off in March 2019 versus only 27 percent in March 2020); yet, the average length of requests was longer. In April 2020, employees requesting PTO plunged to 18 percent on average versus 38 percent during the same month in 2019. By May 2020, as restrictions started to lift, PTO requests were on the rise again, although still significantly lower (24 percent of employees requesting off) than in May 2019 (38 percent of employees requesting off). According to a 2019 study by WorldatWork, 37 percent of employees do not use their allotted paid time off each year. To encourage utilization of this critical benefit, some organizations have established a "use or lose" policy. With so much uncertainty in today's workplace, a clearly stated vacation policy with an automated approval process helps employees feel empowered to take the time they've earned. Industry analyst Madeline Laurano, Founder of Aptitude Research, commented, "COVID-19 has disrupted almost every aspect of work-life balance, from work-from-home to homeschooling. While it might feel like taking paid time off doesn't make sense right now, unplugging during the summer months can help employees manage the burnout of these pandemic times. In fact, it can actually result in improved productivity and employee engagement." Namely's CEO Larry Dunivan added, "With travel restrictions in place, it might seem counterintuitive to take time off; however, taking a break from work can be restorative. Giving managers visibility into schedules in advance and communicating the ground rules to everyone ensures employees can leverage their PTO benefits. In helping employees achieve some of those restorative benefits, Namely added two company holidays and offered summer hours in July and August to encourage employees towards this objective." Namely tracks PTO request data annually and compares the current year against the previous year. PTO as in vacation requests is tracked separately from longer-term leave requests. Data was normalized for fluctuations related to COVID-19. For more information about Namely's time and attendance software, including online time tracking, mobile/geo-fenced time tracking, scheduling and reporting, please visit https://hubs.ly/H0rHvSb0. About NamelyNamely is the #1 HR Software company that empowers mid-sized businesses to build better workplaces. Its cloud-based software brings HCM, benefits, insights, payroll, and time into a single-view platform to help modern HR teams make data-driven decisions about their people and understand what's really going on in their workforce. The Namely ecosystem includes powerful integrations with market-leading applicant tracking, identity management, ERP, compliance, E-Verify solutions, and more. Serving more than 1,400 clients with 230,000 employees globally, the company is backed by leading investors, including Altimeter Capital, GGV Capital, Matrix Partners, Scale Venture Partners, Sequoia Capital, Tenaya Capital, and True Ventures. For more information, visit www.Namely.com. Note to editors: Trademarks and registered trademarks referenced herein remain the property of their respective owners. SOURCE Namely Related Links www.namely.com
edtsum7874
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: DETROIT, March 5, 2021 /PRNewswire/ -- Gage Cannabis Co. ("Gage" or the "Company"), a leading high-quality cannabis brand and operator in Michigan, announced it will begin serving adult-use consumers at its second COOKIES provisioning center in Kalamazoo starting on Saturday, March 6; the announcement comes quickly after the COOKIES location in Kalamazoo opened its doors to serve all patients with a valid Michigan Medical Marijuana ID card in late February. COOKIES, an international cannabis lifestyle brand founded by rapper and entrepreneur Berner, opened its first Michigan location in January 2020. Gage is COOKIES' exclusive partner in the state and operates the only COOKIES dispensaries in the Midwest. (PRNewsfoto/Gage Cannabis Co.) (PRNewsfoto/Gage Cannabis Co.) Located at 2712 Portage Street, COOKIES' storefront in Kalamazoo is Gage's seventh retail location in Michigan. It will carry the entire family of COOKIES offerings, including COOKIES, Lemonnade, Runtz, Powerzzzup Genetics, Minntz and Grandiflora product lines and will be open for curbside pick-up only from 8 a.m ET until 10 p.m. ET. The newest provisioning center extends access to quality cannabis products to customers throughout Western Michigan and regions bordering Lake Michigan, including Chicago, IL and South Bend, IN. During the opening weekend in late February, Gage hosted raffles and offered promotional giveaways for medical patients, and comedian and YouTube personality CarlosDavis visited the storefront. The 3,000 square-foot retail location will create 30+ new employment opportunities in Kalamazoo and is open to both medical and adult-use consumers. To further support neighboring communities, Gage has launched a nearly $1 million social equity program in the past year that will award grants up to $50,000 to cannabis entrepreneurs in 19 social equity cities designated by the Michigan Marijuana Regulatory Agency. "The Midwest is an important part of COOKIES' overall expansion plan, and our partnership with Gage Cannabis has been integral," said Berner, Founder and CEO of COOKIES. "We've seen tremendous demand from cannabis consumers in Michigan and the surrounding areas and look forward to continuing to serve them as our partnership grows with this second location.""We have been met with overwhelming demand since opening our first COOKIES location in Detroit last year and are eager to bring the acclaimed COOKIES experience to even more cannabis enthusiasts in the Midwest," said Fabian Monaco, President of Gage. "This expansion is a testament to the market potential of Michigan's cannabis industry and we look forward to creating novel cannabis opportunities in partnership with COOKIES over the next year."For more information about Gage or COOKIES provisioning center locations, please visit www.Cookiesmich.comor https://gageusa.com/locations/. ABOUT COOKIESCOOKIES, founded in 2008 by Berner (the prolific Bay Area rapper and entrepreneur) and his partner Jai (a Bay Area breeder and cultivator) is more than a premiere cannabis company; it is an authentic lifestyle brand with passionate fans all over the world. The company went mainstream in 2011 and has grown its business through the combination of globally recognized premium genetics, popular culture resonance, and social media influence. COOKIES is constantly engaged in new breeding projects to launch differentiated brands and has quickly built a grassroots cult following while remaining loyal to its brand promise: authenticity and genetics innovation.Today, COOKIES is one of the most well-respected and top-selling cannabis brands in California and throughout the world. The company and its product are recognized globally and offer a collection of over 150 proprietary cannabis varieties and product lines including indoor and sungrown flower, pre-rolls, gel caps, vape carts, CBD Flower and medicinal mushrooms. COOKIES' seed-to-sale business allows for complete quality control at every stepfrom cultivation and production to customers' end retail experience. With a deep commitment to restorative justice and progressive drug policy, COOKIES actively works to enrich communities disproportionately impacted by the War on Drugs through advocacy work and social equity initiatives.About GAGEGage Cannabis Co. is innovating and curating the highest quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the firm's founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage's portfolio includes city and state approvals for 19 "Class C" cultivation licenses, three processing licenses and 12 provisioning centers (dispensaries). For more information about Gage Cannabis Co., visit www.gageusa.com.Instagram: @gagecannabis Facebook: @gageusa Twitter: @gagecannabiscoMEDIA CONTACT: Colleen Robar, 313-207-5960, [emailprotected]Related Linkshttps://gageusa.comSOURCE Gage Cannabis Co. Related Links http://www.gageusa.com Answer:
Gage Cannabis Expands COOKIES Retail Footprint in Michigan, Opening Its Seventh Dispensary in the State COOKIES in Kalamazoo is officially open to serve medical and adult-use customers
DETROIT, March 5, 2021 /PRNewswire/ -- Gage Cannabis Co. ("Gage" or the "Company"), a leading high-quality cannabis brand and operator in Michigan, announced it will begin serving adult-use consumers at its second COOKIES provisioning center in Kalamazoo starting on Saturday, March 6; the announcement comes quickly after the COOKIES location in Kalamazoo opened its doors to serve all patients with a valid Michigan Medical Marijuana ID card in late February. COOKIES, an international cannabis lifestyle brand founded by rapper and entrepreneur Berner, opened its first Michigan location in January 2020. Gage is COOKIES' exclusive partner in the state and operates the only COOKIES dispensaries in the Midwest. (PRNewsfoto/Gage Cannabis Co.) (PRNewsfoto/Gage Cannabis Co.) Located at 2712 Portage Street, COOKIES' storefront in Kalamazoo is Gage's seventh retail location in Michigan. It will carry the entire family of COOKIES offerings, including COOKIES, Lemonnade, Runtz, Powerzzzup Genetics, Minntz and Grandiflora product lines and will be open for curbside pick-up only from 8 a.m ET until 10 p.m. ET. The newest provisioning center extends access to quality cannabis products to customers throughout Western Michigan and regions bordering Lake Michigan, including Chicago, IL and South Bend, IN. During the opening weekend in late February, Gage hosted raffles and offered promotional giveaways for medical patients, and comedian and YouTube personality CarlosDavis visited the storefront. The 3,000 square-foot retail location will create 30+ new employment opportunities in Kalamazoo and is open to both medical and adult-use consumers. To further support neighboring communities, Gage has launched a nearly $1 million social equity program in the past year that will award grants up to $50,000 to cannabis entrepreneurs in 19 social equity cities designated by the Michigan Marijuana Regulatory Agency. "The Midwest is an important part of COOKIES' overall expansion plan, and our partnership with Gage Cannabis has been integral," said Berner, Founder and CEO of COOKIES. "We've seen tremendous demand from cannabis consumers in Michigan and the surrounding areas and look forward to continuing to serve them as our partnership grows with this second location.""We have been met with overwhelming demand since opening our first COOKIES location in Detroit last year and are eager to bring the acclaimed COOKIES experience to even more cannabis enthusiasts in the Midwest," said Fabian Monaco, President of Gage. "This expansion is a testament to the market potential of Michigan's cannabis industry and we look forward to creating novel cannabis opportunities in partnership with COOKIES over the next year."For more information about Gage or COOKIES provisioning center locations, please visit www.Cookiesmich.comor https://gageusa.com/locations/. ABOUT COOKIESCOOKIES, founded in 2008 by Berner (the prolific Bay Area rapper and entrepreneur) and his partner Jai (a Bay Area breeder and cultivator) is more than a premiere cannabis company; it is an authentic lifestyle brand with passionate fans all over the world. The company went mainstream in 2011 and has grown its business through the combination of globally recognized premium genetics, popular culture resonance, and social media influence. COOKIES is constantly engaged in new breeding projects to launch differentiated brands and has quickly built a grassroots cult following while remaining loyal to its brand promise: authenticity and genetics innovation.Today, COOKIES is one of the most well-respected and top-selling cannabis brands in California and throughout the world. The company and its product are recognized globally and offer a collection of over 150 proprietary cannabis varieties and product lines including indoor and sungrown flower, pre-rolls, gel caps, vape carts, CBD Flower and medicinal mushrooms. COOKIES' seed-to-sale business allows for complete quality control at every stepfrom cultivation and production to customers' end retail experience. With a deep commitment to restorative justice and progressive drug policy, COOKIES actively works to enrich communities disproportionately impacted by the War on Drugs through advocacy work and social equity initiatives.About GAGEGage Cannabis Co. is innovating and curating the highest quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the firm's founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage's portfolio includes city and state approvals for 19 "Class C" cultivation licenses, three processing licenses and 12 provisioning centers (dispensaries). For more information about Gage Cannabis Co., visit www.gageusa.com.Instagram: @gagecannabis Facebook: @gageusa Twitter: @gagecannabiscoMEDIA CONTACT: Colleen Robar, 313-207-5960, [emailprotected]Related Linkshttps://gageusa.comSOURCE Gage Cannabis Co. Related Links http://www.gageusa.com
edtsum7878
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., Dec. 21, 2020 /PRNewswire/ --Anixa Biosciences, Inc. (NASDAQ: ANIX), a biotechnology company focused on the treatment and prevention of cancer and infectious diseases, announced today that the U.S. Food and Drug Administration (FDA) has cleared the Investigational New Drug (IND) application for its breast cancer vaccine. This breast cancer vaccine technology was invented and developed by Cleveland Clinic immunologist Dr. Vincent Tuohy, and his research team. Oncologist, Dr. Thomas Budd, also of Cleveland Clinic, will lead the clinical trial. Anixa Biosciences has an exclusive worldwide license to the technology. The technology immunizes against a protein called alpha-lactalbumin that is expressed in the mammary glands of women, only during the latter part of gestation and during lactation. After lactation ceases, this protein is no longer expressed until a woman develops breast cancer. In a vaccinated woman, the researchers anticipate that these cancer cells will be destroyed by the immune system before they have the opportunity to grow into a mature cancer. The initial focus is Triple Negative Beast Cancer, but this technology is expected to potentially prevent other types of breast cancer. Animal studies showed notable ability to prevent breast cancer. The preclinical studies and two trials of this vaccine are being funded by the U.S. Department of Defense. Dr. Amit Kumar, President and CEO of Anixa stated, "We are pleased that the FDA has authorized us to commence human clinical trials of our potentially paradigm-shifting vaccine for the prevention of breast cancer. This approval triggers a cascade of events and activities, that will eventually lead to recruitment of patients and initiation of the trial." "This is a significant milestone for our program. Our vision has always been to prevent cancer before it arises," said Dr. Tuohy. "We are looking forward to beginning clinical trials in patients." About Anixa Biosciences, Inc.Anixa is a publicly-traded biotechnology company developing a number of programs addressing cancer and infectious disease. Anixa's therapeutics portfolio includes a cancer immunotherapy program which uses a novel type of CAR-T, known as chimeric endocrine receptor T-cell (CER-T) technology, and a Covid-19 therapeutics program focused on inhibiting certain viral protein function. The company's vaccine portfolio includes a vaccine to prevent breast cancer, and specifically triple negative breast cancer (TNBC), the most deadly form of the disease, and a vaccine to prevent ovarian cancer. These vaccine technologies focus on immunizing against specific proteins that have been found to be expressed in certain forms of cancer. Anixa continually examines emerging technologies in complementary fields for further development and commercialization. Additional information is available at www.anixa.com. Forward-Looking Statements: Statements that are not historical fact may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather reflect Anixa's current expectations concerning future events and results. We generally use the words "believes," "expects," "intends," "plans," "anticipates," "likely," "will" and similar expressions to identify forward-looking statements. Such forward-looking statements, including those concerning our expectations, involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and factors include, but are not limited to, the risk that clinical trial data in humans will not be comparable to data obtained in animal studies, including as it relates to our prophylactic breast cancer vaccine, as well as those factors set forth in "Item 1A - Risk Factors" and other sections of our most recent Annual Report on Form 10-K as well as in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this press release. Investor contact:Mike Catelani[emailprotected]408-708-9808 Media contact:Sherry Ash[emailprotected] SOURCE Anixa Biosciences, Inc. Related Links https://www.anixa.com Answer:
Anixa Biosciences and Cleveland Clinic Announce FDA Clearance to Initiate Clinical Trial of Breast Cancer Vaccine Novel technology developed by Cleveland Clinic researchers
SAN JOSE, Calif., Dec. 21, 2020 /PRNewswire/ --Anixa Biosciences, Inc. (NASDAQ: ANIX), a biotechnology company focused on the treatment and prevention of cancer and infectious diseases, announced today that the U.S. Food and Drug Administration (FDA) has cleared the Investigational New Drug (IND) application for its breast cancer vaccine. This breast cancer vaccine technology was invented and developed by Cleveland Clinic immunologist Dr. Vincent Tuohy, and his research team. Oncologist, Dr. Thomas Budd, also of Cleveland Clinic, will lead the clinical trial. Anixa Biosciences has an exclusive worldwide license to the technology. The technology immunizes against a protein called alpha-lactalbumin that is expressed in the mammary glands of women, only during the latter part of gestation and during lactation. After lactation ceases, this protein is no longer expressed until a woman develops breast cancer. In a vaccinated woman, the researchers anticipate that these cancer cells will be destroyed by the immune system before they have the opportunity to grow into a mature cancer. The initial focus is Triple Negative Beast Cancer, but this technology is expected to potentially prevent other types of breast cancer. Animal studies showed notable ability to prevent breast cancer. The preclinical studies and two trials of this vaccine are being funded by the U.S. Department of Defense. Dr. Amit Kumar, President and CEO of Anixa stated, "We are pleased that the FDA has authorized us to commence human clinical trials of our potentially paradigm-shifting vaccine for the prevention of breast cancer. This approval triggers a cascade of events and activities, that will eventually lead to recruitment of patients and initiation of the trial." "This is a significant milestone for our program. Our vision has always been to prevent cancer before it arises," said Dr. Tuohy. "We are looking forward to beginning clinical trials in patients." About Anixa Biosciences, Inc.Anixa is a publicly-traded biotechnology company developing a number of programs addressing cancer and infectious disease. Anixa's therapeutics portfolio includes a cancer immunotherapy program which uses a novel type of CAR-T, known as chimeric endocrine receptor T-cell (CER-T) technology, and a Covid-19 therapeutics program focused on inhibiting certain viral protein function. The company's vaccine portfolio includes a vaccine to prevent breast cancer, and specifically triple negative breast cancer (TNBC), the most deadly form of the disease, and a vaccine to prevent ovarian cancer. These vaccine technologies focus on immunizing against specific proteins that have been found to be expressed in certain forms of cancer. Anixa continually examines emerging technologies in complementary fields for further development and commercialization. Additional information is available at www.anixa.com. Forward-Looking Statements: Statements that are not historical fact may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather reflect Anixa's current expectations concerning future events and results. We generally use the words "believes," "expects," "intends," "plans," "anticipates," "likely," "will" and similar expressions to identify forward-looking statements. Such forward-looking statements, including those concerning our expectations, involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and factors include, but are not limited to, the risk that clinical trial data in humans will not be comparable to data obtained in animal studies, including as it relates to our prophylactic breast cancer vaccine, as well as those factors set forth in "Item 1A - Risk Factors" and other sections of our most recent Annual Report on Form 10-K as well as in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this press release. Investor contact:Mike Catelani[emailprotected]408-708-9808 Media contact:Sherry Ash[emailprotected] SOURCE Anixa Biosciences, Inc. Related Links https://www.anixa.com
edtsum7883
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 a round-up of the latest Breville Smart Oven deals for Black Friday, together with the best savings on the Smart Oven Air Fryer and Smart Oven Air. Links to the latest deals are listed below. Best Breville Smart Oven Deals: Best Breville Deals: Best Oven Deals: Interested in more deals? Click here to enjoy the full range of deals at Walmarts Black Friday Deals for Days sale and click here to shop Amazons live Black Friday deals. Retail Egg earns commissions from purchases made using the links provided. About Retail Egg: Retail Egg shares e-commerce deals news. As an Amazon Associate and affiliate Retail Egg earns from qualifying purchases. Answer:
Black Friday Breville Smart Oven Air Deals (2020) Researched by Retail Egg Check out the top Breville Smart Oven deals for Black Friday 2020, including offers on the Breville Smart Oven Air & Air Fryer
BOSTON--(BUSINESS WIRE)--Heres a round-up of the latest Breville Smart Oven deals for Black Friday, together with the best savings on the Smart Oven Air Fryer and Smart Oven Air. Links to the latest deals are listed below. Best Breville Smart Oven Deals: Best Breville Deals: Best Oven Deals: Interested in more deals? Click here to enjoy the full range of deals at Walmarts Black Friday Deals for Days sale and click here to shop Amazons live Black Friday deals. Retail Egg earns commissions from purchases made using the links provided. About Retail Egg: Retail Egg shares e-commerce deals news. As an Amazon Associate and affiliate Retail Egg earns from qualifying purchases.
edtsum7886
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., Dec.22, 2020 /PRNewswire/ --With therecentpassage of thesecondCOVID-19 relief bill which included stimulus payments for individuals, PayPalHoldings, Inc. (NASDAQ: PYPL)has today announced thatcheck-cashingfees associated with the PayPal cash-a-check featureare being waivedfor government stimulus paper check recipients, enabling more customers to access their funds usually within minutes, from the safety of their own home, free of charge. Additionally, those customers who used the PayPal or Venmo Direct Deposit feature to receive a stimulus payment in the first round of stimulus payments earlier in 2020 willautomaticallyreceive their payment directly through PayPal or Venmoagain, if they're eligible for a second payment.TheIRShas advisedthat theoriginalDirectDepositdetails on file willagainbe utilized to issue this round of stimulus payments. "In the first wave of the government'sstimulus paymentsin April and May, we saw an incredible number of customers look to PayPal as a way to receive their stimulus payment quickly and securely, either through Direct Deposit or using the PayPal cash-a-check feature," said John Kunze,SeniorVicePresident ofBranded Experiences, PayPal."With the next round of payments to individuals coming soon,customers receiving a government-issuedpaperstimulus check over the coming weeks will be able to cash their check without visiting a physical check-cashing location, simply by taking a picture of the check within the apptoreceive the funds quickly and easily." Additionally,theusualfeesassociated with instantfunds accesswill now bewaived for all government-issued stimulus checks processed within the PayPal appusingthecash-a-check feature, so customers can accesstheirfundstypicallywithin minutes of cashing their check, without compromising their health andsafety.* Using PayPal's cash-a-check feature from the safety of your home The PayPal cash-a-check feature allows customers to cash checks and have them sent to aPayPal Cash Plus account.If they haven't already, customers can apply for a PayPal Cash Plus account within the app or online. Usingthe fast-accesscash-a-checkfeatureis simple customers in the US can take a picture of the check they want tocash, andsend it for review using the PayPal app on a mobile device, rather than visiting a physical check-cashing location. Reviewing a check for approval usually takes a few seconds, although it can take 3-5 minutes and in rare circumstances, up to an hour to verify enough check information to make an approval decision. If the check is approved, customers can have the money transferred to a PayPal Cash Plus account in minutes, with the fees associated with instant disbursement waived for all government-issued stimulus checks processed within the PayPal app. Step-by-step directions on using PayPal cash-a-checkcan be found here.Fees will be waived for a limited time only. Checks which aren't approved will not be processed and funds will not be received through PayPal. For best performance, customers should have the latest version of the PayPal app installed and running the latest operating system on their mobile device. About the PayPal cash-a-check feature: *Limited availability. Terms apply.For more details, visitwww.ingomoney.com/partners/paypal-terms-conditions.The cash-a-check feature is a service provided by First Century Bank, N.A. and Ingo Money, Inc., subject to the First Century Bank and Ingo Money Terms and Conditions and Privacy Policy. Fees and terms apply. All checks subject to review for approval. Unapproved checks will not be funded to your account. Limited to Direct Deposit of a federal or state check, where permitted under applicable law. For up-to-date information from the IRS, visitwww.irs.gov/stimulus.Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies, versus adding funds electronically using Direct Deposit. Direct Deposit and earlier availability of funds is subject to payer's support of the feature and timing of payer's funding. About PayPal PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 350 million consumer and merchantsin more than 200 markets to join and thrive in the global economy. For more information, visitpaypal.com. Media Relations Contact Tom Hunter [emailprotected] SOURCE PayPal Holdings, Inc. Related Links http://www.paypal.com Answer:
PayPal Check-Cashing Fees Waived For Second Round Of Government-Issued Stimulus Checks
SAN JOSE, Calif., Dec.22, 2020 /PRNewswire/ --With therecentpassage of thesecondCOVID-19 relief bill which included stimulus payments for individuals, PayPalHoldings, Inc. (NASDAQ: PYPL)has today announced thatcheck-cashingfees associated with the PayPal cash-a-check featureare being waivedfor government stimulus paper check recipients, enabling more customers to access their funds usually within minutes, from the safety of their own home, free of charge. Additionally, those customers who used the PayPal or Venmo Direct Deposit feature to receive a stimulus payment in the first round of stimulus payments earlier in 2020 willautomaticallyreceive their payment directly through PayPal or Venmoagain, if they're eligible for a second payment.TheIRShas advisedthat theoriginalDirectDepositdetails on file willagainbe utilized to issue this round of stimulus payments. "In the first wave of the government'sstimulus paymentsin April and May, we saw an incredible number of customers look to PayPal as a way to receive their stimulus payment quickly and securely, either through Direct Deposit or using the PayPal cash-a-check feature," said John Kunze,SeniorVicePresident ofBranded Experiences, PayPal."With the next round of payments to individuals coming soon,customers receiving a government-issuedpaperstimulus check over the coming weeks will be able to cash their check without visiting a physical check-cashing location, simply by taking a picture of the check within the apptoreceive the funds quickly and easily." Additionally,theusualfeesassociated with instantfunds accesswill now bewaived for all government-issued stimulus checks processed within the PayPal appusingthecash-a-check feature, so customers can accesstheirfundstypicallywithin minutes of cashing their check, without compromising their health andsafety.* Using PayPal's cash-a-check feature from the safety of your home The PayPal cash-a-check feature allows customers to cash checks and have them sent to aPayPal Cash Plus account.If they haven't already, customers can apply for a PayPal Cash Plus account within the app or online. Usingthe fast-accesscash-a-checkfeatureis simple customers in the US can take a picture of the check they want tocash, andsend it for review using the PayPal app on a mobile device, rather than visiting a physical check-cashing location. Reviewing a check for approval usually takes a few seconds, although it can take 3-5 minutes and in rare circumstances, up to an hour to verify enough check information to make an approval decision. If the check is approved, customers can have the money transferred to a PayPal Cash Plus account in minutes, with the fees associated with instant disbursement waived for all government-issued stimulus checks processed within the PayPal app. Step-by-step directions on using PayPal cash-a-checkcan be found here.Fees will be waived for a limited time only. Checks which aren't approved will not be processed and funds will not be received through PayPal. For best performance, customers should have the latest version of the PayPal app installed and running the latest operating system on their mobile device. About the PayPal cash-a-check feature: *Limited availability. Terms apply.For more details, visitwww.ingomoney.com/partners/paypal-terms-conditions.The cash-a-check feature is a service provided by First Century Bank, N.A. and Ingo Money, Inc., subject to the First Century Bank and Ingo Money Terms and Conditions and Privacy Policy. Fees and terms apply. All checks subject to review for approval. Unapproved checks will not be funded to your account. Limited to Direct Deposit of a federal or state check, where permitted under applicable law. For up-to-date information from the IRS, visitwww.irs.gov/stimulus.Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies, versus adding funds electronically using Direct Deposit. Direct Deposit and earlier availability of funds is subject to payer's support of the feature and timing of payer's funding. About PayPal PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 350 million consumer and merchantsin more than 200 markets to join and thrive in the global economy. For more information, visitpaypal.com. Media Relations Contact Tom Hunter [emailprotected] SOURCE PayPal Holdings, Inc. Related Links http://www.paypal.com
edtsum7890
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: ANAHEIM, Calif.and FULLERTON, Calif., Dec. 5, 2020 /PRNewswire/ --OC, California If you've followed the Orange County real estate market for a while, you've undoubtedly heard of Ken Leaders as he's one of the most respected agents in town when it comes to marketing homes to sell for the most amount of money. Now, he's one-upped himself with the latest addition to his advertising arsenal with what he calls his "Target Marketing" approach. The ancient approach of only placing your home in the MLS, along with the rest of the listings that your listing brokerage has is now a thing of the past. Ken Leaders has perfected an approach to Target Marketing where he invests his own money to expose your property to the most opportune buyer based on their current interests, hobbies, family size, age and even net worth and credit score. In today's world, marketing is all about matching your product up to the people that are most likely to have an interest in it. Much like when you are at the grocery store and you see those coupons print out on your receipt, based on the products that you always tend to buy. When asked how this new-age approach to selling homes for more works, Ken said the following: "If a home is in a highly desirable school district, that usually comes with a little bit higher property tax base. There's no sense in marketing that home to retired couples but it's a perfect fit for a family that has a child or two of school age years. If the home has a fenced yard, we can expose it to those that have the appropriate income and have a dog in the house. If it has a wine cellar, we can market to those that subscribe to Wine Connoisseur Magazine or otherwise have a wine collection. This allows buyers to absolutely fall in love with the home, oftentimes meaning they'll pay a premium for something that matches their exact criteria. Essentially, we can market it as their "Dream Home" even though it would be considered "just another home for sale" to the general public. That's why oftentimes we can sell homes for more money. With the marketing data available from online and offline marketing firms, it just doesn't make sense for an agent to simply list a home on the MLS system and wait for a possible contract sometime down the road." For local homeowners, selling your home fast and for top dollar is our biggest priority. Utilizing an agent that understands superior marketing and exposure can potentially allow you to net a lot more money from the ultimate sale of the property. About Ken Leaders: For more information on how this target marketing approach works and to find out how you may be able to get more from the sale of your home, contact Ken Leaders at First Team Real Estate by calling 714-474-7040 or email [emailprotected] or visit https://www.kenleadersrealestate.com/ Photo(s):https://www.prlog.org/12849161 Press release distributed by PRLog SOURCE Ken Leaders Real Estate Related Links https://www.kenleadersrealestate.com Answer:
Orange County Real Estate Agent Promotes Homes To MORE Buyers For MORE Money As the real estate market continues to change, one local agent has mastered the art of "Target Marketing" to expose their properties to the most opportune buyers, thus selling them for more money.
ANAHEIM, Calif.and FULLERTON, Calif., Dec. 5, 2020 /PRNewswire/ --OC, California If you've followed the Orange County real estate market for a while, you've undoubtedly heard of Ken Leaders as he's one of the most respected agents in town when it comes to marketing homes to sell for the most amount of money. Now, he's one-upped himself with the latest addition to his advertising arsenal with what he calls his "Target Marketing" approach. The ancient approach of only placing your home in the MLS, along with the rest of the listings that your listing brokerage has is now a thing of the past. Ken Leaders has perfected an approach to Target Marketing where he invests his own money to expose your property to the most opportune buyer based on their current interests, hobbies, family size, age and even net worth and credit score. In today's world, marketing is all about matching your product up to the people that are most likely to have an interest in it. Much like when you are at the grocery store and you see those coupons print out on your receipt, based on the products that you always tend to buy. When asked how this new-age approach to selling homes for more works, Ken said the following: "If a home is in a highly desirable school district, that usually comes with a little bit higher property tax base. There's no sense in marketing that home to retired couples but it's a perfect fit for a family that has a child or two of school age years. If the home has a fenced yard, we can expose it to those that have the appropriate income and have a dog in the house. If it has a wine cellar, we can market to those that subscribe to Wine Connoisseur Magazine or otherwise have a wine collection. This allows buyers to absolutely fall in love with the home, oftentimes meaning they'll pay a premium for something that matches their exact criteria. Essentially, we can market it as their "Dream Home" even though it would be considered "just another home for sale" to the general public. That's why oftentimes we can sell homes for more money. With the marketing data available from online and offline marketing firms, it just doesn't make sense for an agent to simply list a home on the MLS system and wait for a possible contract sometime down the road." For local homeowners, selling your home fast and for top dollar is our biggest priority. Utilizing an agent that understands superior marketing and exposure can potentially allow you to net a lot more money from the ultimate sale of the property. About Ken Leaders: For more information on how this target marketing approach works and to find out how you may be able to get more from the sale of your home, contact Ken Leaders at First Team Real Estate by calling 714-474-7040 or email [emailprotected] or visit https://www.kenleadersrealestate.com/ Photo(s):https://www.prlog.org/12849161 Press release distributed by PRLog SOURCE Ken Leaders Real Estate Related Links https://www.kenleadersrealestate.com
edtsum7891
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: NORCROSS, Ga., Aug. 19, 2020 /PRNewswire/ -- PruittHealth today announced plans to significantly expand its infection preventionist network in order to dedicate resources to more of its skilled nursing centers. This bold investment of $4.2 million will ensure a full-time infection preventionist at each location over 100 beds and a part-time infection preventionist for centers with 60 to 99 beds. PruittHealth also announced it is expanding Joint Commission accreditation to each of its 102 skilled nursing centers. Joint Commission accreditations are already in place for 26 PruittHealth home health offices and 16 PruittHealth skilled nursing centers throughout the Southeast. "Like The Joint Commission, PruittHealth rigorously examines its quality and infection control processes in order to protect patients, residents, and caregivers," explained Neil L. Pruitt, Jr., Chairman & CEO of PruittHealth. "Infection control measures are imperative to defeating COVID-19. We look forward to working with our infection preventionists and The Joint Commission to further enhance infection prevention measures and save lives." At the onset of this public health crisis, PruittHealth quickly established itself as an industry leader in transparent communication and proactive measures to prevent and control the spread of COVID-19. Below are additional steps the organization has taken to safeguard its patients and employees during this pandemic: On-going sourcing and distribution of personal protective equipment (PPE). To date, the company has invested approximately $8 million in PPE. Air scrubber and filtration system installations at each skilled nursing center Isolation units and walls for containment Kiosks for daily screening of staff and patients Mandated infection control training for all employees Aggressive COVID-19 testing, upon availability Transparent data on itsEmergency Preparedness webpage, to align with the Centers for Disease Control and Prevention (CDC) reporting guidelines With ceased visitation, scheduled more than 21,000 video chats between PruittHealth patients and their loved ones Emergency Operations Center for employee and patients' family questions Connecting physicians with their PruittHealth patients via telehealth Increased cleaning frequency Postponed communal activities PruittHealth's highest priority continues to be the well-being of its patients. Patients, family members, or employees with questions are encouraged to contact the Emergency Operations Center at 855-742-5983. For updates and more information on PruittHealth's disease protocols, visit PruittHealth.com. About PruittHealthA family-owned organization for 50 years, PruittHealth provides a seamless network of post-acute care services and resources, offering skilled nursing care, home health care, end-of-life hospice care, therapy services, as well as pharmacy and infusion services across the Southeast. Our 16,000 employed partners serve approximately 24,000 patients daily in more than 180 locations in Florida, Georgia, North Carolina, and South Carolina. For more information about our commitment to caring, visit pruitthealth.com. SOURCE PruittHealth Related Links http://www.pruitthealth.com Answer:
PruittHealth Announces Industry-Leading Infection Control Measures
NORCROSS, Ga., Aug. 19, 2020 /PRNewswire/ -- PruittHealth today announced plans to significantly expand its infection preventionist network in order to dedicate resources to more of its skilled nursing centers. This bold investment of $4.2 million will ensure a full-time infection preventionist at each location over 100 beds and a part-time infection preventionist for centers with 60 to 99 beds. PruittHealth also announced it is expanding Joint Commission accreditation to each of its 102 skilled nursing centers. Joint Commission accreditations are already in place for 26 PruittHealth home health offices and 16 PruittHealth skilled nursing centers throughout the Southeast. "Like The Joint Commission, PruittHealth rigorously examines its quality and infection control processes in order to protect patients, residents, and caregivers," explained Neil L. Pruitt, Jr., Chairman & CEO of PruittHealth. "Infection control measures are imperative to defeating COVID-19. We look forward to working with our infection preventionists and The Joint Commission to further enhance infection prevention measures and save lives." At the onset of this public health crisis, PruittHealth quickly established itself as an industry leader in transparent communication and proactive measures to prevent and control the spread of COVID-19. Below are additional steps the organization has taken to safeguard its patients and employees during this pandemic: On-going sourcing and distribution of personal protective equipment (PPE). To date, the company has invested approximately $8 million in PPE. Air scrubber and filtration system installations at each skilled nursing center Isolation units and walls for containment Kiosks for daily screening of staff and patients Mandated infection control training for all employees Aggressive COVID-19 testing, upon availability Transparent data on itsEmergency Preparedness webpage, to align with the Centers for Disease Control and Prevention (CDC) reporting guidelines With ceased visitation, scheduled more than 21,000 video chats between PruittHealth patients and their loved ones Emergency Operations Center for employee and patients' family questions Connecting physicians with their PruittHealth patients via telehealth Increased cleaning frequency Postponed communal activities PruittHealth's highest priority continues to be the well-being of its patients. Patients, family members, or employees with questions are encouraged to contact the Emergency Operations Center at 855-742-5983. For updates and more information on PruittHealth's disease protocols, visit PruittHealth.com. About PruittHealthA family-owned organization for 50 years, PruittHealth provides a seamless network of post-acute care services and resources, offering skilled nursing care, home health care, end-of-life hospice care, therapy services, as well as pharmacy and infusion services across the Southeast. Our 16,000 employed partners serve approximately 24,000 patients daily in more than 180 locations in Florida, Georgia, North Carolina, and South Carolina. For more information about our commitment to caring, visit pruitthealth.com. SOURCE PruittHealth Related Links http://www.pruitthealth.com
edtsum7900
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: SINGAPORE, May 6, 2020 /PRNewswire/ -- Global fintech platform Niumannounced its latest fundraise today. Visa, the world's leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. The funding announcement comes on the heels of major wins for Nium in 2020, some of which were: Winning the account of a large European marketplace payment provider to process a billion Euros annually Winning a large international bid for one of the world's biggest maritime businesses to process crew payments via cards and collections for vessel management Working with a prominent Asian Neobank to help them expand overseas by providing international collections Supporting the development of a migrant bank in the US through integration of Nium's Banking-as-a-Service stack Nium has carved a niche for itself and its diversified suite of offerings, with clients often approaching them to solve problems at the cross section of Send, Spend and Receive. As part of their own consumer and SME remittance offering (InstaReM) and remittance-as-a-service capabilities, Nium now reaches millions of customers across 10 licensed jurisdictions[1] with Japan and Indonesia being the latest additions. On the enterprise front, they serve clients across six continents. Through a fully micro-service driven model, Nium solves inefficiencies that plague traditional payment processes across industries like eCommerce, large corporates to SMEs, from services such as payroll disbursement to travel & expenses management etc. "I am thrilled to announce that we have closed another round of funding and added two more prestigious investors to our cap table. Visa and BRI Ventures' participation is a vote of confidence for our business model and its resilience despite the climate," said Prajit Nanu, CEO and Co-Founder of Nium. Nium will be using the funds to further build out its uniquely diversified payment infrastructure offering that includes outreach to consumers, SMEs, large enterprises as well as banks and financial institutions. The newly raised corpus will be largely directed towards product development and tuck-in acquisitions that compress time to market.For the latter, Nium will focus on vertical expertise in markets like Europe, India, U.K. and U.S. According to Nanu, "We are interested in tech infrastructure players with capabilities in issuance, local payment rails etc., which complement our own and can help us ship faster in markets we are bullish on." "Nium and Visa's collaboration began in early 2019 when Nium joined the Visa Fintech Fast Track program in Asia Pacific. We've worked together on new commerce experiences like instant remittances for consumers and businesses in Southeast Asia," said Chris Clark, Regional President, Asia Pacific, Visa. "We are excited to extend our partnership with Nium by investing in their business. Working with fintechs like Nium is a key part of Visa's strategy to enable payments for anyone, anywhere, on any network." "BRI Ventures always look to support developments in the banking and financial industry, especially for partners looking to provide digital financial care to customers in Indonesia. We have been working closely with Nium since their InstaReM days when they were processing consumer remittance, and are excited to witness their growth as they expand their service offerings to include financial institutions and corporates. The potential of financial technology is limitless and we forward look to supporting Nium on their path of growth as they expand their presence into Indonesia and beyond," said Nicko Widjaja, Chief Executive Officer of BRI Ventures. Nium currently operates its Send, Spend and Receive business in over 90 countries,65 in real-time,and in 63 currencies. [1] Australia, Canada, Europe, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, and the U.S. About Nium Nium is a global financial technology platform redefining the way consumers and businesses send, spend and receive funds across borders. The company is continuously innovating to provide the most relevant and agile solutions to meet the needs of consumers and businesses, having evolved from solely focusing on consumer remittance via InstaReM, to also providing fintech solutions for businesses from 2019. Nium is regulated in Australia, Canada, European Union, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore and the United States of America, and processes billions of dollars a year for banks and payments institutions, the next generation of e-commerce players, OTAs and retail users across the world. Nium's investors include Visa, BRI Ventures, Vertex Ventures, Vertex Growth, Fullerton Financial Holdings, GSR Ventures, Rocket Internet, Global Founders Capital, SBI Japan, FMO (Netherlands Development Finance Company), MDI Ventures, Beacon Venture Capital and Atinum Investment. Media Contact Gillian Loo[emailprotected]+65 9863 8120 SOURCE Nium Related Links https://www.nium.com Answer:
Global Financial Technology Platform Nium Closes Latest Funding Round English Franais Deutsch Nederlands English New investors include Visa and BRI Ventures
SINGAPORE, May 6, 2020 /PRNewswire/ -- Global fintech platform Niumannounced its latest fundraise today. Visa, the world's leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. The funding announcement comes on the heels of major wins for Nium in 2020, some of which were: Winning the account of a large European marketplace payment provider to process a billion Euros annually Winning a large international bid for one of the world's biggest maritime businesses to process crew payments via cards and collections for vessel management Working with a prominent Asian Neobank to help them expand overseas by providing international collections Supporting the development of a migrant bank in the US through integration of Nium's Banking-as-a-Service stack Nium has carved a niche for itself and its diversified suite of offerings, with clients often approaching them to solve problems at the cross section of Send, Spend and Receive. As part of their own consumer and SME remittance offering (InstaReM) and remittance-as-a-service capabilities, Nium now reaches millions of customers across 10 licensed jurisdictions[1] with Japan and Indonesia being the latest additions. On the enterprise front, they serve clients across six continents. Through a fully micro-service driven model, Nium solves inefficiencies that plague traditional payment processes across industries like eCommerce, large corporates to SMEs, from services such as payroll disbursement to travel & expenses management etc. "I am thrilled to announce that we have closed another round of funding and added two more prestigious investors to our cap table. Visa and BRI Ventures' participation is a vote of confidence for our business model and its resilience despite the climate," said Prajit Nanu, CEO and Co-Founder of Nium. Nium will be using the funds to further build out its uniquely diversified payment infrastructure offering that includes outreach to consumers, SMEs, large enterprises as well as banks and financial institutions. The newly raised corpus will be largely directed towards product development and tuck-in acquisitions that compress time to market.For the latter, Nium will focus on vertical expertise in markets like Europe, India, U.K. and U.S. According to Nanu, "We are interested in tech infrastructure players with capabilities in issuance, local payment rails etc., which complement our own and can help us ship faster in markets we are bullish on." "Nium and Visa's collaboration began in early 2019 when Nium joined the Visa Fintech Fast Track program in Asia Pacific. We've worked together on new commerce experiences like instant remittances for consumers and businesses in Southeast Asia," said Chris Clark, Regional President, Asia Pacific, Visa. "We are excited to extend our partnership with Nium by investing in their business. Working with fintechs like Nium is a key part of Visa's strategy to enable payments for anyone, anywhere, on any network." "BRI Ventures always look to support developments in the banking and financial industry, especially for partners looking to provide digital financial care to customers in Indonesia. We have been working closely with Nium since their InstaReM days when they were processing consumer remittance, and are excited to witness their growth as they expand their service offerings to include financial institutions and corporates. The potential of financial technology is limitless and we forward look to supporting Nium on their path of growth as they expand their presence into Indonesia and beyond," said Nicko Widjaja, Chief Executive Officer of BRI Ventures. Nium currently operates its Send, Spend and Receive business in over 90 countries,65 in real-time,and in 63 currencies. [1] Australia, Canada, Europe, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, and the U.S. About Nium Nium is a global financial technology platform redefining the way consumers and businesses send, spend and receive funds across borders. The company is continuously innovating to provide the most relevant and agile solutions to meet the needs of consumers and businesses, having evolved from solely focusing on consumer remittance via InstaReM, to also providing fintech solutions for businesses from 2019. Nium is regulated in Australia, Canada, European Union, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore and the United States of America, and processes billions of dollars a year for banks and payments institutions, the next generation of e-commerce players, OTAs and retail users across the world. Nium's investors include Visa, BRI Ventures, Vertex Ventures, Vertex Growth, Fullerton Financial Holdings, GSR Ventures, Rocket Internet, Global Founders Capital, SBI Japan, FMO (Netherlands Development Finance Company), MDI Ventures, Beacon Venture Capital and Atinum Investment. Media Contact Gillian Loo[emailprotected]+65 9863 8120 SOURCE Nium Related Links https://www.nium.com
edtsum7901
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 "Digital Signage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global digital signage market reached a value of US$ 21.1 Billion in 2020. Digital signage refers to a centralized content distribution platform used to playback information on multiple display screens. It shows advertisements or messages to the targeted audience through content management software (CMS) and a back-end operating computer connected to a media player. It utilizes devices, such as projectors, LCD, LED and plasma displays, to project or show the information, including live weather forecasts, news, television programs, menus, flight schedules, calendars and advertisements. Digital signages are commonly used in various sectors such as retail, entertainment, hospitality, education, corporate, healthcare, transport, etc. They enable the organizations to engage with a broader audience and create a centralized network for digital communications to enhance the uniformity and effectiveness of the marketing activities. Rapid digitalization, along with the increasing demand for effective advertisement tools, is one of the key factors driving the growth of the market. Furthermore, widespread utilization of electronic large-screen displays in various industrial sectors, such as retail, hospitality, entertainment, banking, healthcare, education and transport, is stimulating the market growth. For instance, in the banking sector, digital signages are used in automated teller machines (ATMs) and e-banking centers to display motion messages, digitalized promotion of products and remote content updating and management. Additionally, various technological advancements, such as the integration of biometric technology with digital signage products, are acting as other growth-inducing factors. In line with this, modern product variants are equipped with gaze trackers and heat path trackers that locate the area that is attracting the most consumers, thereby enabling organizations to monitor consumer behavior and gaining meaningful insights. Other factors, including improvements in the LCD/LED technologies, along with increasing expenditures on brand promotions and advertisements, are anticipated to drive the market further. Looking forward, the publisher expects the global digital signage market to exhibit moderate growth during the next five years. Competitive Landscape: Key Market Segmentation: Breakup by Type: Breakup by Component: Breakup by Technology: Breakup by Application: Breakup by Location: Breakup by Size: Breakup by Region: Key Questions Answered in This Report: For more information about this report visit https://www.researchandmarkets.com/r/1dp92 Answer:
Global Digital Signage Market Report 2021-2026 Featuring Major Players - BARCO, Leyard Optoelectronic, LG, Panasonic, Samsung, Shanghai Goodview Electronics, Sharp, & Sony - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Digital Signage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global digital signage market reached a value of US$ 21.1 Billion in 2020. Digital signage refers to a centralized content distribution platform used to playback information on multiple display screens. It shows advertisements or messages to the targeted audience through content management software (CMS) and a back-end operating computer connected to a media player. It utilizes devices, such as projectors, LCD, LED and plasma displays, to project or show the information, including live weather forecasts, news, television programs, menus, flight schedules, calendars and advertisements. Digital signages are commonly used in various sectors such as retail, entertainment, hospitality, education, corporate, healthcare, transport, etc. They enable the organizations to engage with a broader audience and create a centralized network for digital communications to enhance the uniformity and effectiveness of the marketing activities. Rapid digitalization, along with the increasing demand for effective advertisement tools, is one of the key factors driving the growth of the market. Furthermore, widespread utilization of electronic large-screen displays in various industrial sectors, such as retail, hospitality, entertainment, banking, healthcare, education and transport, is stimulating the market growth. For instance, in the banking sector, digital signages are used in automated teller machines (ATMs) and e-banking centers to display motion messages, digitalized promotion of products and remote content updating and management. Additionally, various technological advancements, such as the integration of biometric technology with digital signage products, are acting as other growth-inducing factors. In line with this, modern product variants are equipped with gaze trackers and heat path trackers that locate the area that is attracting the most consumers, thereby enabling organizations to monitor consumer behavior and gaining meaningful insights. Other factors, including improvements in the LCD/LED technologies, along with increasing expenditures on brand promotions and advertisements, are anticipated to drive the market further. Looking forward, the publisher expects the global digital signage market to exhibit moderate growth during the next five years. Competitive Landscape: Key Market Segmentation: Breakup by Type: Breakup by Component: Breakup by Technology: Breakup by Application: Breakup by Location: Breakup by Size: Breakup by Region: Key Questions Answered in This Report: For more information about this report visit https://www.researchandmarkets.com/r/1dp92
edtsum7902
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: NEWPORT BEACH, Calif., July 7, 2020 /PRNewswire/ --Launched on May 15th 2020, in the middle of the Covid19 pandemic, GTFO It's Vegan launched to bring curated vegan groceries right to consumers' doorsteps. With more and more consumers seeking to find healthier food options, fueled by the introduction of plant-based meats and cheeses in restaurants and fast food establishments across the county, GTFO It's Vegan has quickly realized its mission of offering the largest selection of vegan products in any one place. Continue Reading Perfect Meatless "Meaty" Tacos using Hungry Planet Foods "Ground Beef" and Spicy Chipotle Cashew "Cheesy" Sauce by Core + Rind- all for purchase on GTFO It's Vegan! Vegan Pasta and "Meatballs" Dish using ShroomEats meatballs, Violife shredded cheese, and Not Just Co. pasta sauce- All for purchase on GTFO It's Vegan! Started by husband and wife seasoned entrepreneur team and fellow vegans Marc and Tanya Pierce of Newport Beach, California, GTFO It's Vegan currently offers over 700 vegan products and is adding numerous products daily. From vegan meats, cheeses, dairy, bakery, snacks and pantry items, GTFO It's Vegan offers the widest selection of products in any one place to satisfy consumer demands for breakfast, lunch, dinner and dessert vegan alternatives. Marc Pierce, CEO of GTFO It's Vegan states, "What most people may not realize is innovation in vegan foods is fueled by small businesses entrepreneurs looking to create amazing vegan alternatives. While many consumers are familiar with mainstream brands such as Impossible, Beyond Meat, Gardein, Quorn, JUST, and Daiya, these products only represent a small fraction of the total vegan alternatives available around the world." "We seek to find and offer the latest and greatest innovations in vegan foods from small businesses around the world and bring them right to your front-door," stated Tanya Pierce, Co-Founder of GTFO It's Vegan and head of product selection and curation states. "By helping entrepreneurs quickly reach a broader base of customers, we are grateful to help these companies grow during these difficult times plagued by Covid19."One such company is Tricycle Pizza, a family owned and operated small batch manufacturer of handmade pizza. Danica Alvarado, Tricycle's founder states "GTFO has given us the ability to reach new consumers throughout the U.S that we could not reach otherwise. We have quite a bit of Tricycle Pizza fans throughout the country that discovered us while vacationing in the Monterey Bay Peninsula. Now we can bring our pizza directly to their door via GTFO It's Vegan. Our family is grateful for the opportunity we have from this innovative company."Be Leaf, a southern California based company that offers a wide selection of vegan products from bacon, hot dogs, chicken, shrimp and eggs, is another popular vendor on the GTFO It's Vegan site. Mary Huang, head of Sales and Marketing at Be Leaf, states "We are very excited to partner with GTFO It's Vegan to provide our plant-based vegan products to a whole new group of customers. GTFO It's Vegan has helped us grow our sales, especially during this Covid19 crisis."With these amazing innovations, GTFO It's Vegan's product selection has quickly proven to appeal to not only vegans, but a much broader market including vegetarians, pescatarians, those with diet restrictions such as gluten-free and dairy-free, and health conscious consumers seeking to eat and live better.CEO Marc Pierce states, "This is only the beginning for us. While we started with direct to consumer serviced out of the West Coast, we soon will have fulfillment centers in the Midwest and East coast so we can affordably reach every consumer in the U.S. With our broad distribution, we'll be able to enter the food service and specialty food distribution market." Pierce uses the term "vegan food deserts" or places where vegan food innovations are not readily available in local grocery and specialty stores. "When our platform eliminates these 'vegan food deserts' and makes great tasting vegan food alternatives available to every consumer in the country, and ultimately the world, we will begin to realize our mission of becoming one of the most important companies to ensure the sustainability of our environment."To learn more about, visit www.gtfoitsvegan.comor email [emailprotected]Media contact:Jessica Anzalone[emailprotected]312-833-0859SOURCE GTFO Its Vegan Related Links https://gtfoitsvegan.com Answer:
GTFO It's Vegan Helps Small Vegan Businesses Reach Consumers Across the U.S. In Just Over A Month Since Launch, GTFO Has Fulfilled Over 1000 Orders Containing Over 7000 Products
NEWPORT BEACH, Calif., July 7, 2020 /PRNewswire/ --Launched on May 15th 2020, in the middle of the Covid19 pandemic, GTFO It's Vegan launched to bring curated vegan groceries right to consumers' doorsteps. With more and more consumers seeking to find healthier food options, fueled by the introduction of plant-based meats and cheeses in restaurants and fast food establishments across the county, GTFO It's Vegan has quickly realized its mission of offering the largest selection of vegan products in any one place. Continue Reading Perfect Meatless "Meaty" Tacos using Hungry Planet Foods "Ground Beef" and Spicy Chipotle Cashew "Cheesy" Sauce by Core + Rind- all for purchase on GTFO It's Vegan! Vegan Pasta and "Meatballs" Dish using ShroomEats meatballs, Violife shredded cheese, and Not Just Co. pasta sauce- All for purchase on GTFO It's Vegan! Started by husband and wife seasoned entrepreneur team and fellow vegans Marc and Tanya Pierce of Newport Beach, California, GTFO It's Vegan currently offers over 700 vegan products and is adding numerous products daily. From vegan meats, cheeses, dairy, bakery, snacks and pantry items, GTFO It's Vegan offers the widest selection of products in any one place to satisfy consumer demands for breakfast, lunch, dinner and dessert vegan alternatives. Marc Pierce, CEO of GTFO It's Vegan states, "What most people may not realize is innovation in vegan foods is fueled by small businesses entrepreneurs looking to create amazing vegan alternatives. While many consumers are familiar with mainstream brands such as Impossible, Beyond Meat, Gardein, Quorn, JUST, and Daiya, these products only represent a small fraction of the total vegan alternatives available around the world." "We seek to find and offer the latest and greatest innovations in vegan foods from small businesses around the world and bring them right to your front-door," stated Tanya Pierce, Co-Founder of GTFO It's Vegan and head of product selection and curation states. "By helping entrepreneurs quickly reach a broader base of customers, we are grateful to help these companies grow during these difficult times plagued by Covid19."One such company is Tricycle Pizza, a family owned and operated small batch manufacturer of handmade pizza. Danica Alvarado, Tricycle's founder states "GTFO has given us the ability to reach new consumers throughout the U.S that we could not reach otherwise. We have quite a bit of Tricycle Pizza fans throughout the country that discovered us while vacationing in the Monterey Bay Peninsula. Now we can bring our pizza directly to their door via GTFO It's Vegan. Our family is grateful for the opportunity we have from this innovative company."Be Leaf, a southern California based company that offers a wide selection of vegan products from bacon, hot dogs, chicken, shrimp and eggs, is another popular vendor on the GTFO It's Vegan site. Mary Huang, head of Sales and Marketing at Be Leaf, states "We are very excited to partner with GTFO It's Vegan to provide our plant-based vegan products to a whole new group of customers. GTFO It's Vegan has helped us grow our sales, especially during this Covid19 crisis."With these amazing innovations, GTFO It's Vegan's product selection has quickly proven to appeal to not only vegans, but a much broader market including vegetarians, pescatarians, those with diet restrictions such as gluten-free and dairy-free, and health conscious consumers seeking to eat and live better.CEO Marc Pierce states, "This is only the beginning for us. While we started with direct to consumer serviced out of the West Coast, we soon will have fulfillment centers in the Midwest and East coast so we can affordably reach every consumer in the U.S. With our broad distribution, we'll be able to enter the food service and specialty food distribution market." Pierce uses the term "vegan food deserts" or places where vegan food innovations are not readily available in local grocery and specialty stores. "When our platform eliminates these 'vegan food deserts' and makes great tasting vegan food alternatives available to every consumer in the country, and ultimately the world, we will begin to realize our mission of becoming one of the most important companies to ensure the sustainability of our environment."To learn more about, visit www.gtfoitsvegan.comor email [emailprotected]Media contact:Jessica Anzalone[emailprotected]312-833-0859SOURCE GTFO Its Vegan Related Links https://gtfoitsvegan.com
edtsum7903
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: GREENVILLE, S.C., Oct. 7, 2020 /PRNewswire/ --98 Ventures has announced the promotion of Scott Moore to Chief Executive Officer (CEO). He will be succeeding the founder, Scott Ramsey, who has been in the role since 1998. Ramsey recently shared his desire to transition from his full-time role to Chairman of the Board. Scott Ramsey (Right) passes the baton to Scott Moore (Left). Moore, who most recently served as President, assumes his new role effective immediately. Moore's promotion marks the first transition to CEO since the founding. In this role, Moore will oversee all co-founded sister companies, including 98 Ventures, UST, UST Select, Equip Fulfillment, and Insight Tech Co. Regarding his promotion, Moore stated, "My vision is in alignment with our founder. We will build on our solid foundation with our people as the cornerstone. We will embrace a culture of curiosity as we seek to discover unconventional solutions to our industry's longstanding challenges." As a part of this transition, Steve O'Brien has been named President, and Scott Aikenhead has been named Chief Operations Officer (COO), effective immediately. Steve O'Brien joined the team in 2015 and most recently served as COO. Scott Aikenhead joined the team in 2014 and most recently served as Executive Vice President. In a statement to the company, Ramsey stated, "I have never failed to give our company all I have to offer... The only thing left for me to do is step aside so that the next generation of leaders throughout the organization have an opportunity to demonstrate what I know you are all capable of." He continued, "I am forever grateful for all you have given me through the years, never more proud of who we have become and never more eager to see where you take us next."ABOUT 98 VENTURES98 Ventures is an executive management services company specializing in human resources, accounting, risk management, communications, application development, information technology, recruiting, legal, data analysis, operations support, and training and development. We support multiple companies across various industries including logistics, fulfillment services, and technology. CONTACT: Murray Dorn[emailprotected]864-235-8330 SOURCE 98 Ventures Answer:
98 Ventures Announces Scott Moore As Company CEO After 22 Years, Scott Ramsey Passes the Baton as CEO to Now Serve as Chairman of the Board
GREENVILLE, S.C., Oct. 7, 2020 /PRNewswire/ --98 Ventures has announced the promotion of Scott Moore to Chief Executive Officer (CEO). He will be succeeding the founder, Scott Ramsey, who has been in the role since 1998. Ramsey recently shared his desire to transition from his full-time role to Chairman of the Board. Scott Ramsey (Right) passes the baton to Scott Moore (Left). Moore, who most recently served as President, assumes his new role effective immediately. Moore's promotion marks the first transition to CEO since the founding. In this role, Moore will oversee all co-founded sister companies, including 98 Ventures, UST, UST Select, Equip Fulfillment, and Insight Tech Co. Regarding his promotion, Moore stated, "My vision is in alignment with our founder. We will build on our solid foundation with our people as the cornerstone. We will embrace a culture of curiosity as we seek to discover unconventional solutions to our industry's longstanding challenges." As a part of this transition, Steve O'Brien has been named President, and Scott Aikenhead has been named Chief Operations Officer (COO), effective immediately. Steve O'Brien joined the team in 2015 and most recently served as COO. Scott Aikenhead joined the team in 2014 and most recently served as Executive Vice President. In a statement to the company, Ramsey stated, "I have never failed to give our company all I have to offer... The only thing left for me to do is step aside so that the next generation of leaders throughout the organization have an opportunity to demonstrate what I know you are all capable of." He continued, "I am forever grateful for all you have given me through the years, never more proud of who we have become and never more eager to see where you take us next."ABOUT 98 VENTURES98 Ventures is an executive management services company specializing in human resources, accounting, risk management, communications, application development, information technology, recruiting, legal, data analysis, operations support, and training and development. We support multiple companies across various industries including logistics, fulfillment services, and technology. CONTACT: Murray Dorn[emailprotected]864-235-8330 SOURCE 98 Ventures
edtsum7916
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)--Liability exposures for companies around the world are increasing. Factors such as rising litigation, collective redress and large court verdicts, costly and frequent recalls in the automotive and food sectors, the disruptive impact of civil unrest and riots in a growing number of countries, and environmental concerns such as indoor air quality and higher fines and remediation standards will likely impact businesses and their insurers in the future all in the face of a challenging global pandemic, according to a new report from Allianz Global Corporate & Specialty (AGCS) which highlights five trends for the sector. Pricing in the liability insurance market may have turned in recent months, however social inflation trends and large court verdicts continue in the United States. This combined with expanded exposures for non-US companies doing business in the US and an increase in automotive part recalls are putting pressure on liability insurers, says Ciara Brady, Global Head of Liability at AGCS. Overlay this with the uncertain economic outlook, political instability and unknown impacts from coronavirus and this is creating a challenging market for clients, brokers and insurers alike. While we have to react to new loss trends in underwriting, AGCS remains committed to supporting our clients with solid risk transfer solutions and capacity to address todays liability exposures. Social inflation in the US and rise of collective redress globally Social inflation is a phenomenon especially prevalent in the US, driven by the growing emergence of litigation funders, higher jury awards, more liberal workers compensation claims, as well as new tort and negligence concepts. The median settlement amount of the top 50 US verdicts from 2014 to 2018 nearly doubled from $28mn to $54mn. Litigation funding is not only on the rise in the US, but also in Europe and elsewhere around the world, contributing to a growing trend of collective redress as hurdles for consumers are lowered to embark on class actions. Countries that may not be historically associated with this development, such as Saudi Arabia and South Africa, are classified as being medium risk that a company may face a collective action in these jurisdictions, according to AGCS litigation funding country guide. Another factor influencing the size of settlements in the US is the increasing sophistication of the plaintiffs bar with specialist consultants and psychologists being deployed to influence the jurys decision. The legal system in the US has seen a deterioration in consumer confidence towards corporations. This lack of confidence is driving an anger by individuals or classes of individuals toward perceived greedy corporates that is resulting in so-called nuclear verdicts. According to AGCS experts, its too early to identify a reverse trend, but court closures due to the Covid-19 pandemic may slow down social inflation as plaintiffs realize that it could take years before their case is tried before a jury and therefore may be more willing to settle outside court. Rising automotive repair and recall costs In recent years there has been a growing number of recalls in the automotive industry in both the US and Europe. In the US, there were 966 safety recalls affecting well over 50 million vehicles in 2019 more than two every day. In many cases, components can be produced by one of a handful of suppliers that services the entire industry, which can make it prone to accumulation risks as a result, recalls have become larger and more costly over time. For example, an airbag or an engine could be recalled due to a defect, affecting many companies and models. The increasing complexity of technology is another significant driver of industry losses, due to factors such as increased time and labor rates to make repairs, more specialized training for mechanics and other repairers, and the increasing price of parts. Costly food safety risks and recalls Food recalls are on the rise globally due to factors such as global manufacturing, fewer suppliers in complex supply chains, enhanced regulatory scrutiny, as well as improved technology which allows for better traceability and pathogen detection. Manufacturers need to recognize these factors and be diligent about who their suppliers are and conduct regular audits. The coronavirus pandemic could have a significant impact on and pose special challenges for food recalls in future: On one hand, hygiene standards have dramatically increased, which could reduce contamination risks which are a major cause of food and beverage recalls. On the other hand, with new operations, temporarily closed and restarted factories, remote workforces, decreases in regulatory visits and erratic supply chains, risk exposures could also swell moving forward. Riots and civil unrest threaten beyond physical damage The yellow vest protests in France, civil unrest in Chile, Hong Kong and Bolivia and most recently the racially-charged riots in the US are high-profile examples of the rise of civil unrest globally. Political violence increasingly causes property damage, disruption and loss of attraction and revenues to many businesses. For example, civil disorder in the wake of the death of George Floyd in many US cities is expected to have caused losses of more than $1bn. There are numerous insurance claims notified under strikes, riots and civil commotion or looting insurance coverages. According to AGCS experts, the coronavirus outbreak may have temporarily suppressed civil unrest in some countries, but the underlying social issues have not been solved, and further protests will likely occur in the near future. Indoor air quality after coronavirus Environmental pollution incidents can have damaging consequences for a business two risks are particularly paramount: indoor air quality concerns with legionella and mold growth and, secondly the increasing risk of environmentally-driven prosecutions, fines and remedial actions, as public awareness for pollution and natural capital depletion grows. Mold and legionella risks have been exacerbated by the coronavirus shutdown of commercial buildings or hotels: When certain air quality systems or water installation systems are dormant for a while they are more susceptible to contamination by bacteria. On top of that, continued, undetected mold growth may result from real estate companies delaying planned maintenance or renovation activities. Major causes of liability claims and potential coronavirus impacts The report also analyzes some of the major causes of insurance industry liability claims over the past five years defective product incidents account for half of the value of all claims and looks at how the coronavirus outbreak is already impacting the insurance sector. With more people staying at home through the pandemic, and with the temporary closure of many shops, airports and businesses, notifications of slip and fall incidents, which are one of the major causes of liability claims, have slowed. However, the market could see claims brought by third-parties for injury or property damage due to failure to adequately protect against the coronavirus, as well as employee action against employers who did not appropriately protect them. Product liability and recall claims tend to follow economic activity, so there could be an impact in these areas with the economic downturn. Meanwhile, restarting production after periods of hibernation may give rise to human error incidents. About Allianz Global Corporate & Specialty SE Allianz Global Corporate & Specialty (AGCS) SE is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the worlds largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience. Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,450 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of 9.1 billion gross premium globally. www.agcs.allianz.com LinkedIn Twitter: @AGCS_Insurance Cautionary Note Regarding Forward-Looking Statements Answer:
Allianz: Five Liability Loss Trends for Businesses in the Face of the Coronavirus Pandemic Key Challenges: Rising litigation, larger court verdicts and collective redress in the US and other regions; more costly recalls in auto and food industries; impact of civil unrest and riots worldwide; and the potential for mold and legionella claims post Covid-19 shutdowns. Social inflation, adverse claims trends and an uncertain economic and pandemic outlook create a challenging market for liability insurers. Analysis shows defective products is top cause of liability claims over past five years but Covid-19 pandemic impacting loss scenarios in different ways.
NEW YORK--(BUSINESS WIRE)--Liability exposures for companies around the world are increasing. Factors such as rising litigation, collective redress and large court verdicts, costly and frequent recalls in the automotive and food sectors, the disruptive impact of civil unrest and riots in a growing number of countries, and environmental concerns such as indoor air quality and higher fines and remediation standards will likely impact businesses and their insurers in the future all in the face of a challenging global pandemic, according to a new report from Allianz Global Corporate & Specialty (AGCS) which highlights five trends for the sector. Pricing in the liability insurance market may have turned in recent months, however social inflation trends and large court verdicts continue in the United States. This combined with expanded exposures for non-US companies doing business in the US and an increase in automotive part recalls are putting pressure on liability insurers, says Ciara Brady, Global Head of Liability at AGCS. Overlay this with the uncertain economic outlook, political instability and unknown impacts from coronavirus and this is creating a challenging market for clients, brokers and insurers alike. While we have to react to new loss trends in underwriting, AGCS remains committed to supporting our clients with solid risk transfer solutions and capacity to address todays liability exposures. Social inflation in the US and rise of collective redress globally Social inflation is a phenomenon especially prevalent in the US, driven by the growing emergence of litigation funders, higher jury awards, more liberal workers compensation claims, as well as new tort and negligence concepts. The median settlement amount of the top 50 US verdicts from 2014 to 2018 nearly doubled from $28mn to $54mn. Litigation funding is not only on the rise in the US, but also in Europe and elsewhere around the world, contributing to a growing trend of collective redress as hurdles for consumers are lowered to embark on class actions. Countries that may not be historically associated with this development, such as Saudi Arabia and South Africa, are classified as being medium risk that a company may face a collective action in these jurisdictions, according to AGCS litigation funding country guide. Another factor influencing the size of settlements in the US is the increasing sophistication of the plaintiffs bar with specialist consultants and psychologists being deployed to influence the jurys decision. The legal system in the US has seen a deterioration in consumer confidence towards corporations. This lack of confidence is driving an anger by individuals or classes of individuals toward perceived greedy corporates that is resulting in so-called nuclear verdicts. According to AGCS experts, its too early to identify a reverse trend, but court closures due to the Covid-19 pandemic may slow down social inflation as plaintiffs realize that it could take years before their case is tried before a jury and therefore may be more willing to settle outside court. Rising automotive repair and recall costs In recent years there has been a growing number of recalls in the automotive industry in both the US and Europe. In the US, there were 966 safety recalls affecting well over 50 million vehicles in 2019 more than two every day. In many cases, components can be produced by one of a handful of suppliers that services the entire industry, which can make it prone to accumulation risks as a result, recalls have become larger and more costly over time. For example, an airbag or an engine could be recalled due to a defect, affecting many companies and models. The increasing complexity of technology is another significant driver of industry losses, due to factors such as increased time and labor rates to make repairs, more specialized training for mechanics and other repairers, and the increasing price of parts. Costly food safety risks and recalls Food recalls are on the rise globally due to factors such as global manufacturing, fewer suppliers in complex supply chains, enhanced regulatory scrutiny, as well as improved technology which allows for better traceability and pathogen detection. Manufacturers need to recognize these factors and be diligent about who their suppliers are and conduct regular audits. The coronavirus pandemic could have a significant impact on and pose special challenges for food recalls in future: On one hand, hygiene standards have dramatically increased, which could reduce contamination risks which are a major cause of food and beverage recalls. On the other hand, with new operations, temporarily closed and restarted factories, remote workforces, decreases in regulatory visits and erratic supply chains, risk exposures could also swell moving forward. Riots and civil unrest threaten beyond physical damage The yellow vest protests in France, civil unrest in Chile, Hong Kong and Bolivia and most recently the racially-charged riots in the US are high-profile examples of the rise of civil unrest globally. Political violence increasingly causes property damage, disruption and loss of attraction and revenues to many businesses. For example, civil disorder in the wake of the death of George Floyd in many US cities is expected to have caused losses of more than $1bn. There are numerous insurance claims notified under strikes, riots and civil commotion or looting insurance coverages. According to AGCS experts, the coronavirus outbreak may have temporarily suppressed civil unrest in some countries, but the underlying social issues have not been solved, and further protests will likely occur in the near future. Indoor air quality after coronavirus Environmental pollution incidents can have damaging consequences for a business two risks are particularly paramount: indoor air quality concerns with legionella and mold growth and, secondly the increasing risk of environmentally-driven prosecutions, fines and remedial actions, as public awareness for pollution and natural capital depletion grows. Mold and legionella risks have been exacerbated by the coronavirus shutdown of commercial buildings or hotels: When certain air quality systems or water installation systems are dormant for a while they are more susceptible to contamination by bacteria. On top of that, continued, undetected mold growth may result from real estate companies delaying planned maintenance or renovation activities. Major causes of liability claims and potential coronavirus impacts The report also analyzes some of the major causes of insurance industry liability claims over the past five years defective product incidents account for half of the value of all claims and looks at how the coronavirus outbreak is already impacting the insurance sector. With more people staying at home through the pandemic, and with the temporary closure of many shops, airports and businesses, notifications of slip and fall incidents, which are one of the major causes of liability claims, have slowed. However, the market could see claims brought by third-parties for injury or property damage due to failure to adequately protect against the coronavirus, as well as employee action against employers who did not appropriately protect them. Product liability and recall claims tend to follow economic activity, so there could be an impact in these areas with the economic downturn. Meanwhile, restarting production after periods of hibernation may give rise to human error incidents. About Allianz Global Corporate & Specialty SE Allianz Global Corporate & Specialty (AGCS) SE is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the worlds largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience. Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,450 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of 9.1 billion gross premium globally. www.agcs.allianz.com LinkedIn Twitter: @AGCS_Insurance Cautionary Note Regarding Forward-Looking Statements
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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: BREA, Calif., March 23, 2021 /PRNewswire/ -- Beckman Coulter, a clinical diagnostics leader, today announced that its Access SARS-CoV-2 IgG IIantibody assay received U.S. Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration. The semi-quantitative assay measures a patient's level of antibodies in response to a previous SARS-CoV-2 infection and provides a qualitative and numerical result of antibodies in arbitrary units (AU). Serology testing is a way that we look to make sure that individuals are mounting an immune response. What you see when we're looking for an immune response are immunoglobulins rising. When someone gets infected, say with #coronavirus they have an infection called, #COVID-19. With #serology, we measure what those levels of antibodies are in your body. To identify who has an immune response against the #coronavirus. Its important to detect an antibody called Immunoglobulin G or #IgG. IgG antibodies are proteins produced seven to fourteen days after an infection by the immune system in response to an infection and are specific to that particular pathogen. In this video, Beckman Coulter's Chief Medical Officer, Dr. Shami Feinglass, discusses the importance of antibody test quality, and the differences between the types of antibody tests on the marker. Lenco Diagnostic Laboratories, one of New York City's largest privately-owned, full-service reference labs, is among the first to offer the test in its facilities across Brooklyn, NYC, and the tri-state metropolitan area. Lenco conducted an independent verification of the assay's performance and is highly satisfied with the quality of the results. "To help in the fight against COVID-19, it is important that we partner with a company that has the reputation, quality, and testing accuracy like Beckman Coulter in meeting the needs of the people of New York," said Robert Boorstein, M.D., Ph.D., medical director, Lenco Diagnostics Laboratories. "This next step in COVID-19 antibody testing creates a pathway in helping us establish a quantitative baseline of different antibody levels and determine how a patient's immune response to COVID-19 is affected over time. We expect that clinicians will find this assay useful for monitoring the progress of a patient's COVID-19 recovery and assessing the immune response over time." The Access SARS-CoV-2 IgG II assay measures IgG antibodies directed to the receptor-binding domain of the spike protein of the coronavirus. The test has a confirmed 100% negative percent agreement (specificity) and a 98.9% positive percent agreement (sensitivity) at >/= 15 days post symptom onset. The Access SARS-CoV-2 IgG II assay can be used in Random Access Mode (RAM) and seamlessly integrates into existing workflows without batch processing."Effective and high-quality diagnostic solutions are essential in the fight against COVID-19," said Shamiram R. Feinglass, MD, M.P.H, chief medical officer at Beckman Coulter. "Antibody assays like our Access SARS-CoV-2 IgG II test can help researchers quantitatively determine the levels of IgG antibodies and enable them to assess the relative changes of an individual's immune response to the SARS-CoV-2 virus over time. This information is essential because it helps continually inform therapeutics and vaccine development."The Access SARS-CoV-2 IgG II antibody assay is now available in the U.S. and countries accepting the CE Mark. Results of the new test are delivered on Beckman Coulter's award-winning immunoassay analyzers, including the DxI 800 high-throughput analyzer, capable of processing up to 4,800 samples per day.The IgG II antibody assay is the latest addition to Beckman Coulter's full suite of testing solutions that provide clinicians valuable information in their fight against COVID-19. Beckman Coulter also recently launched an automated SARS-CoV-2 antigen test in the U.S. under Policy C of the FDA's emergency use authorization (EUA) program. For more information on Beckman Coulter's antibody assays, as well as its full suite of COVID-19 diagnostic solutions, visit www.BeckmanCoulter.com/Coronavirus.For more information about Lenco Diagnostic Laboratories, and its commitment to being part of the solution for COVID-19, visit:https://www.lencolab.com/covid19-antibody/.About Beckman CoulterBeckman Coulteris committed to advancing healthcare for every person by applying the power of science, technology and the passion and creativity of our teams to enhance the diagnostic laboratory's role in improving healthcare outcomes. Our diagnostic systems are used in complex biomedical testing, and are found in hospitals, reference laboratories and physician office settings around the globe. Beckman Coulter offers a unique combination of people, processes and solutions designed to elevate the performance of clinical laboratories and healthcare networks. We do this by accelerating care with a menu that matters, bringing the benefit of automation to all, delivering greater insights through clinical informatics and unlocking hidden value through performance partnership. An operating company of Danaher Corporation (NYSE: DHR) since 2011, Beckman Coulter is headquartered in Brea, California, and has more than 11,000 global associates working diligently to make the world a healthier place.References: 1At this time, it is unknown for how long antibodies persist following infection and if the presence of antibodies confers protective immunity. 2021 Beckman Coulter. All rights reserved. Beckman Coulter, the stylized logo, and the Beckman Coulter product and service marks mentioned herein are trademarks or registered trademarks of Beckman Coulter, Inc. in the United States and other countries. 2021-8737SOURCE Beckman Coulter Diagnostics Related Links https://www.BeckmanCoulter.com Answer:
Beckman Coulter's SARS-CoV-2 IgG II antibody test receives Emergency Use Authorization from the FDA
BREA, Calif., March 23, 2021 /PRNewswire/ -- Beckman Coulter, a clinical diagnostics leader, today announced that its Access SARS-CoV-2 IgG IIantibody assay received U.S. Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration. The semi-quantitative assay measures a patient's level of antibodies in response to a previous SARS-CoV-2 infection and provides a qualitative and numerical result of antibodies in arbitrary units (AU). Serology testing is a way that we look to make sure that individuals are mounting an immune response. What you see when we're looking for an immune response are immunoglobulins rising. When someone gets infected, say with #coronavirus they have an infection called, #COVID-19. With #serology, we measure what those levels of antibodies are in your body. To identify who has an immune response against the #coronavirus. Its important to detect an antibody called Immunoglobulin G or #IgG. IgG antibodies are proteins produced seven to fourteen days after an infection by the immune system in response to an infection and are specific to that particular pathogen. In this video, Beckman Coulter's Chief Medical Officer, Dr. Shami Feinglass, discusses the importance of antibody test quality, and the differences between the types of antibody tests on the marker. Lenco Diagnostic Laboratories, one of New York City's largest privately-owned, full-service reference labs, is among the first to offer the test in its facilities across Brooklyn, NYC, and the tri-state metropolitan area. Lenco conducted an independent verification of the assay's performance and is highly satisfied with the quality of the results. "To help in the fight against COVID-19, it is important that we partner with a company that has the reputation, quality, and testing accuracy like Beckman Coulter in meeting the needs of the people of New York," said Robert Boorstein, M.D., Ph.D., medical director, Lenco Diagnostics Laboratories. "This next step in COVID-19 antibody testing creates a pathway in helping us establish a quantitative baseline of different antibody levels and determine how a patient's immune response to COVID-19 is affected over time. We expect that clinicians will find this assay useful for monitoring the progress of a patient's COVID-19 recovery and assessing the immune response over time." The Access SARS-CoV-2 IgG II assay measures IgG antibodies directed to the receptor-binding domain of the spike protein of the coronavirus. The test has a confirmed 100% negative percent agreement (specificity) and a 98.9% positive percent agreement (sensitivity) at >/= 15 days post symptom onset. The Access SARS-CoV-2 IgG II assay can be used in Random Access Mode (RAM) and seamlessly integrates into existing workflows without batch processing."Effective and high-quality diagnostic solutions are essential in the fight against COVID-19," said Shamiram R. Feinglass, MD, M.P.H, chief medical officer at Beckman Coulter. "Antibody assays like our Access SARS-CoV-2 IgG II test can help researchers quantitatively determine the levels of IgG antibodies and enable them to assess the relative changes of an individual's immune response to the SARS-CoV-2 virus over time. This information is essential because it helps continually inform therapeutics and vaccine development."The Access SARS-CoV-2 IgG II antibody assay is now available in the U.S. and countries accepting the CE Mark. Results of the new test are delivered on Beckman Coulter's award-winning immunoassay analyzers, including the DxI 800 high-throughput analyzer, capable of processing up to 4,800 samples per day.The IgG II antibody assay is the latest addition to Beckman Coulter's full suite of testing solutions that provide clinicians valuable information in their fight against COVID-19. Beckman Coulter also recently launched an automated SARS-CoV-2 antigen test in the U.S. under Policy C of the FDA's emergency use authorization (EUA) program. For more information on Beckman Coulter's antibody assays, as well as its full suite of COVID-19 diagnostic solutions, visit www.BeckmanCoulter.com/Coronavirus.For more information about Lenco Diagnostic Laboratories, and its commitment to being part of the solution for COVID-19, visit:https://www.lencolab.com/covid19-antibody/.About Beckman CoulterBeckman Coulteris committed to advancing healthcare for every person by applying the power of science, technology and the passion and creativity of our teams to enhance the diagnostic laboratory's role in improving healthcare outcomes. Our diagnostic systems are used in complex biomedical testing, and are found in hospitals, reference laboratories and physician office settings around the globe. Beckman Coulter offers a unique combination of people, processes and solutions designed to elevate the performance of clinical laboratories and healthcare networks. We do this by accelerating care with a menu that matters, bringing the benefit of automation to all, delivering greater insights through clinical informatics and unlocking hidden value through performance partnership. An operating company of Danaher Corporation (NYSE: DHR) since 2011, Beckman Coulter is headquartered in Brea, California, and has more than 11,000 global associates working diligently to make the world a healthier place.References: 1At this time, it is unknown for how long antibodies persist following infection and if the presence of antibodies confers protective immunity. 2021 Beckman Coulter. All rights reserved. Beckman Coulter, the stylized logo, and the Beckman Coulter product and service marks mentioned herein are trademarks or registered trademarks of Beckman Coulter, Inc. in the United States and other countries. 2021-8737SOURCE Beckman Coulter Diagnostics Related Links https://www.BeckmanCoulter.com
edtsum7919
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: CUPERTINO, Calif.--(BUSINESS WIRE)--Apple today announced Apple Card Family, an innovative new way for people to share their Apple Card, track purchases, manage spending, and build credit together with their Family Sharing group. Available in the US in May, Apple Card Family allows two people to co-own an Apple Card, and share and merge their credit lines while building credit together equally. Apple Card Family also enables parents to share Apple Card with their children, while offering optional spending limits and controls to help teach smart and safe financial habits. Apple Card Family is designed to help the Family Sharing group achieve a healthier financial life by making it easy to track spending, all on iPhone and with a single monthly bill. We designed Apple Card Family because we saw an opportunity to reinvent how spouses, partners, and the people you trust most share credit cards and build credit together. Theres been a lack of transparency and consumer understanding in the way credit scores are calculated when there are two users of the same credit card, since the primary account holder receives the benefit of building a strong credit history while the other does not, said Jennifer Bailey, Apples vice president of Apple Pay. Apple Card Family lets people build their credit history together equally. Apple Card is the first credit card designed for iPhone and to help people lead a healthier financial life. Built into the Apple Wallet app on iPhone, Apple Card has transformed the entire credit card experience by simplifying the application process, eliminating all fees,1 encouraging users to pay less interest, and providing a new level of privacy and security. Apple Card also offers Daily Cash, which gives up to 3 percent of every purchase as cash on users Apple Cash card each day.2 And with no credit card number, CVV security code, expiration date, or signature on the card, the titanium Apple Card is more secure than any other physical credit card. Managing Apple Card Family Unlimited Daily Cash with Apple Card Apple Card offers Daily Cash, which gives back up to 3 percent of every purchase as cash on the Apple Cash card. Users will receive unlimited 2 percent Daily Cash every time they use Apple Card with Apple Pay, and unlimited 3 percent Daily Cash on all purchases made directly with Apple, including at Apple Store locations, on apple.com, the App Store, the iTunes Store, and for Apple services. Apple Card has extended 3 percent Daily Cash to more merchants and apps for customers purchasing with Apple Card using Apple Pay, including Uber and Uber Eats, Walgreens, Nike, Panera, T-Mobile, and ExxonMobil. For purchases made with the titanium Apple Card, users get 1 percent Daily Cash. For more details on 3 percent Daily Cash merchants, visit apple.com/apple-card. Daily Cash is added to users Apple Cash card each day and can be used right away for purchases using Apple Pay, to put toward their Apple Card balance, or to send to friends and family in Messages. Apple Pay is now accepted at over 90 percent of stores in the US. Apple Card delivers experiences only possible with the power of iPhone, including 24/7 support by simply sending a text from Messages. To help people better understand their spending, Apple Card uses machine learning and Apple Maps4 to clearly label transactions with merchant names and locations in Wallet, and provides weekly and monthly spending summaries. There are absolutely no fees associated with Apple Card: no annual, late, international, or over-the-limit fees.5 To help people make informed choices, Apple Card shows a range of payment options and calculates the interest cost on different payment amounts in real time in Wallet. Availability Apple Card Family is coming in May to Apple Card customers in the US and will require an update to the latest version of iOS. To apply for Apple Card, open Wallet and tap the Add (+) button. Learn more about Apple Card at apple.com/apple-card. 1 Variable APRs range from 10.99 percent to 21.99 percent based on creditworthiness. Rates as of April 1, 2020. 2 An Apple Cash card is required. The Apple Cash card is issued by Green Dot Bank, Member FDIC. See apple.com/apple-pay for more information. If you do not have an Apple Cash account, Daily Cash can be applied by you as a credit on your statement balance. Daily Cash is subject to exclusions, and additional details apply. See the Apple Card Customer Agreement for more information. 3 All Apple Card co-owners must have an Apple device with the latest version of iOS that supports Apple Card and meet all of the other eligibility requirements for Apple Card. Credit decisions determined by Goldman Sachs Bank USA, Salt Lake City Branch. For more details about Apple Card eligibility requirements visit support.apple.com. 4 Some transactions may not be displayed in Maps. 5 Late or missed payments will result in additional interest accumulating toward your balance. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apples five software platforms iOS, iPadOS, macOS, watchOS, and tvOS provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apples more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it. NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or call Apples Media Helpline at (408) 974-2042. 2021 Apple Inc. All rights reserved. Apple, the Apple logo, Apple Card, iPhone, Apple Wallet, Daily Cash, Apple Pay, Apple Store, App Store, and iTunes Store are trademarks of Apple. Other company and product names may be trademarks of their respective owners. Answer:
Apple Introduces Apple Card Family, Enabling People to Share Apple Card and Build Credit Together
CUPERTINO, Calif.--(BUSINESS WIRE)--Apple today announced Apple Card Family, an innovative new way for people to share their Apple Card, track purchases, manage spending, and build credit together with their Family Sharing group. Available in the US in May, Apple Card Family allows two people to co-own an Apple Card, and share and merge their credit lines while building credit together equally. Apple Card Family also enables parents to share Apple Card with their children, while offering optional spending limits and controls to help teach smart and safe financial habits. Apple Card Family is designed to help the Family Sharing group achieve a healthier financial life by making it easy to track spending, all on iPhone and with a single monthly bill. We designed Apple Card Family because we saw an opportunity to reinvent how spouses, partners, and the people you trust most share credit cards and build credit together. Theres been a lack of transparency and consumer understanding in the way credit scores are calculated when there are two users of the same credit card, since the primary account holder receives the benefit of building a strong credit history while the other does not, said Jennifer Bailey, Apples vice president of Apple Pay. Apple Card Family lets people build their credit history together equally. Apple Card is the first credit card designed for iPhone and to help people lead a healthier financial life. Built into the Apple Wallet app on iPhone, Apple Card has transformed the entire credit card experience by simplifying the application process, eliminating all fees,1 encouraging users to pay less interest, and providing a new level of privacy and security. Apple Card also offers Daily Cash, which gives up to 3 percent of every purchase as cash on users Apple Cash card each day.2 And with no credit card number, CVV security code, expiration date, or signature on the card, the titanium Apple Card is more secure than any other physical credit card. Managing Apple Card Family Unlimited Daily Cash with Apple Card Apple Card offers Daily Cash, which gives back up to 3 percent of every purchase as cash on the Apple Cash card. Users will receive unlimited 2 percent Daily Cash every time they use Apple Card with Apple Pay, and unlimited 3 percent Daily Cash on all purchases made directly with Apple, including at Apple Store locations, on apple.com, the App Store, the iTunes Store, and for Apple services. Apple Card has extended 3 percent Daily Cash to more merchants and apps for customers purchasing with Apple Card using Apple Pay, including Uber and Uber Eats, Walgreens, Nike, Panera, T-Mobile, and ExxonMobil. For purchases made with the titanium Apple Card, users get 1 percent Daily Cash. For more details on 3 percent Daily Cash merchants, visit apple.com/apple-card. Daily Cash is added to users Apple Cash card each day and can be used right away for purchases using Apple Pay, to put toward their Apple Card balance, or to send to friends and family in Messages. Apple Pay is now accepted at over 90 percent of stores in the US. Apple Card delivers experiences only possible with the power of iPhone, including 24/7 support by simply sending a text from Messages. To help people better understand their spending, Apple Card uses machine learning and Apple Maps4 to clearly label transactions with merchant names and locations in Wallet, and provides weekly and monthly spending summaries. There are absolutely no fees associated with Apple Card: no annual, late, international, or over-the-limit fees.5 To help people make informed choices, Apple Card shows a range of payment options and calculates the interest cost on different payment amounts in real time in Wallet. Availability Apple Card Family is coming in May to Apple Card customers in the US and will require an update to the latest version of iOS. To apply for Apple Card, open Wallet and tap the Add (+) button. Learn more about Apple Card at apple.com/apple-card. 1 Variable APRs range from 10.99 percent to 21.99 percent based on creditworthiness. Rates as of April 1, 2020. 2 An Apple Cash card is required. The Apple Cash card is issued by Green Dot Bank, Member FDIC. See apple.com/apple-pay for more information. If you do not have an Apple Cash account, Daily Cash can be applied by you as a credit on your statement balance. Daily Cash is subject to exclusions, and additional details apply. See the Apple Card Customer Agreement for more information. 3 All Apple Card co-owners must have an Apple device with the latest version of iOS that supports Apple Card and meet all of the other eligibility requirements for Apple Card. Credit decisions determined by Goldman Sachs Bank USA, Salt Lake City Branch. For more details about Apple Card eligibility requirements visit support.apple.com. 4 Some transactions may not be displayed in Maps. 5 Late or missed payments will result in additional interest accumulating toward your balance. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apples five software platforms iOS, iPadOS, macOS, watchOS, and tvOS provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apples more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it. NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or call Apples Media Helpline at (408) 974-2042. 2021 Apple Inc. All rights reserved. Apple, the Apple logo, Apple Card, iPhone, Apple Wallet, Daily Cash, Apple Pay, Apple Store, App Store, and iTunes Store are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
edtsum7923
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: ZEELAND, Mich.and EAST GREENVILLE, Pa., April 19, 2021 /PRNewswire/ --Herman Miller, Inc. (NASDAQ: MLHR) and Knoll Inc. (NYSE: KNL) today announced that they have entered into a definitive agreement under which Herman Miller will acquire Knoll in a cash and stock transaction valued at $1.8 billion. The transaction, which has been unanimously approved by the Boards of Directors of both companies, is expected to close by the end of the third quarter of calendar year 2021, subject to the satisfaction of closing conditions. Under the terms of the agreement, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own. Based on Herman Miller's five-day volume weighted average price of $43.94 per share, the transaction terms imply a purchase price of $25.06 per share, representing a 45% premium to Knoll's closing share price on April 16, 2021.Upon completion of the transaction, Herman Miller shareholders will own approximately 78% of the combined company and Knoll shareholders will own approximately 22%. In connection with the closing of the transaction, Herman Miller will purchase all of the outstanding shares of Knoll's preferred stock from Investindustrial VII L.P. ("Investindustrial") for a fixed cash consideration of $253 million, representing an equivalent price of $25.06 for each underlying share of Knoll common stock. Investindustrial has entered into a voting agreement to vote in favor of the transaction at the special meeting of Knoll shareholders to be held in connection with the transaction. This highly complementary combination will create the preeminent leader in modern design, catalyzing the transformation of the home and office sectors at a time of unprecedented disruption. Herman Miller and Knoll collectively have 19 leading brands, presence across over 100 countries worldwide, a global dealer network, 64 showrooms globally, more than 50 physical retail locations and global multi-channel eCommerce capabilities. The combined company will have pro forma annual revenue of approximately $3.6 billion and pro forma adjusted EBITDA of approximately $552 million, based on each company's respective last reported 12 months and including the anticipated $100 million of cost synergies, implying adjusted EBITDA margins of approximately 16%. "This transaction brings together two pioneering icons of design with strong businesses, attractive portfolios and long histories of innovation," said Andi Owen, President and Chief Executive Officer of Herman Miller. "As distributed working models become the new normal for companies, businesses are reimagining the office to foster collaboration, culture and focused work, while supporting a growing remote employee base. At the same time, consumers are making significant investments in their homes. With a broad portfolio, global footprint and advanced digital capabilities, we will be poised to meet our customers everywhere they live and work. Together, we will offer a deep portfolio of brands, technology, talent and innovation, to create meaningful growth opportunities in all areas of the combined business." "This combination validates the strategic direction and our success in building a preeminent constellation of design-driven brands and leaders, and is a testament to the achievements of the entire Knoll team inbringing a contemporary perspective to how we work and live," said Andrew Cogan, Knoll Chairman and Chief Executive Officer. "We believe this combination offers significant benefits to our shareholders, clients, dealers and associates. Our shareholders will receive immediate and certain value, as well as future upside potential through ownership in an industry leader with significant growth opportunities. Our clients, the design community and dealers will have access to an expanded, exceptional portfolio of brands through enhanced channels. And our associates will benefit as part of a larger and more diversified company with a shared design legacy." Ms. Owen added, "In addition to driving value for Herman Miller and Knoll shareholders, dealers and customers will benefit from a broader combined portfolio that will deliver beauty, joy, efficiency and utility. The transaction will also create enhanced opportunities for employees across both organizations. Herman Miller and Knoll both have cultures guided by values that support problem-solving design, and doing well by doing good, and these shared beliefs will contribute to a smooth integration." Compelling Strategic and Financial Benefits Pairs two industry pioneers to catalyze the transformation of the home and office at a time of unprecedented disruption. As powerful trends reshape our lives including distributed work, a greater focus on the home, digital disruption, the rise of DTC business models and a focus on sustainability, the health and well-being of employees, communities and the planet the combined company will be well positioned to lead the industry in redefining home and office design solutions. Combines two highly complementary businesses to create a broader product portfolio. The transaction unites two exceptional portfolios of complementary brands, each with its own design legacy that places them at the epicenter of modern furnishings, and more broadly, modern design. Enhances scale and capabilities to drive growth and profitability. The combined company will have a scaled U.S. and international footprint to facilitate growth of the combined portfolio through Herman Miller's and Knoll's well-established distribution channels. Together, Herman Miller and Knoll will have increased reach and the ability to better serve customers across the contract furnishings sector, residential trade segment and retail audience. In addition, the transaction will enhance engagement with architects and interior designers, who support the decision-making for both Contract and Residential customers. Accelerates digital and technology transformation. Herman Miller's digital transformation in both the Retail and Contract channels provides a strong foundation for the combined company to scale existing investments in both new and expanded digital capabilities. These investments will enable the combined company to further accelerate progress, ensuring it meets the highest level of manufacturing excellence, customer sales and service, and user experience. Brings together common cultures and capabilities, with a shared commitment to social responsibility. Herman Miller and Knoll have a long history and shared cultures and commitment to design, innovation, operational excellence, sustainability and social good. The transaction will ensure that the combined company continues to deliver the highest quality products to customers while further reinforcing Herman Miller's and Knoll's shared focus on building more sustainable, diverse and inclusive enterprises. Delivers significant financial benefits. The transaction is expected to generate $100 million of run-rate cost synergies within two years of closing, driven primarily by SG&A, supply chain, procurement and logistics savings. Bringing together Herman Miller and Knoll is also expected to generate significant revenue synergies across the combined business through enhanced scale, cross-selling, and digital and eCommerce opportunities. The transaction is expected to be accretive to Herman Miller's adjusted cash earnings per share in the first 12 months following the close of the transaction. Following the close of the transaction, Ms. Owen will serve as President and Chief Executive Officer of the combined company. Mr. Cogan plans to depart the combined company upon closing of the transaction after a successful 30-year career with Knoll, during which time Knoll received the National Design Award for Corporate and Institutional Achievement from the Smithsonian's Cooper-Hewitt, National Design Museum. Commenting on Mr. Cogan's leadership, Ms. Owen concluded, "I want to thank Andrew for his partnership in reaching this agreement and recognize his outstanding dedication to Knoll during its many years of success. Knoll thrives today as a result of Andrew's dedication to its founders' commitment to good design.In the process, he has built an organization and brand portfolio dedicated to design leadership, operational excellence, digital innovation and customer experience, building on the storied Knoll heritage and pioneering the development of groundbreaking products. We look forward to welcoming Knoll's incredibly talented team." Approvals, Financing and Timing to Close The transaction, which is expected to close by the end of the third quarter of calendar year 2021, is subject to approval by Herman Miller and Knoll shareholders, the receipt of required regulatory approvals and the satisfaction of other customary closing conditions. The transaction is not conditioned on financing. Herman Miller expects to fund the cash portion of the transaction consideration with a combination of new debt and cash on hand. Herman Miller has obtained a commitment from Goldman Sachs for $1.751 billion of senior secured revolving and term loan credit facilities, subject to customary conditions. Advisors Goldman Sachs & Co. LLC is serving as financial advisor to Herman Miller and Wachtell, Lipton, Rosen & Katz is serving as legal advisor. BofA Securities is serving as financial advisor to Knoll and Sullivan & Cromwell is serving as legal advisor. Conference Call, Webcast and Presentation Herman Miller and Knoll will host a conference call and webcast today at 8:30 a.m. ET to discuss the transaction. The webcast and accompanying slides can be accessed on the internet in the investor relations section of either www.hermanmiller.com or www.knoll.com. The live call is also available by dialing (877) 524-8416 within the U.S. and (412) 902-1028 for international callers. A replay of the conference call will be available on both companies' investor relations websites following the call. Transaction Website Additional information on the transaction and related materials can be found on a joint transaction website at www.NewLeaderInModernDesign.com. About Herman Miller Herman Miller is a globally recognized leader in design. Since its inception in 1905, the company's innovative, problem-solving designs and furnishings have inspired the best in people wherever they live, work, learn, heal, and play. In 2018, Herman Miller created Herman Miller Group, a purposefully selected, complementary family of brands that includes Colebrook Bosson Saunders, Design Within Reach, Geiger, HAY, Maars Living Walls, Maharam, and naughtone. Guided by a shared purposedesign for the good of humankindHerman Miller Group shapes places that matter for customers while contributing to a more equitable and sustainable future for all. For more information visit www.hermanmiller.com/about-us. About Knoll Knoll, Inc. is a constellation of design-driven brands and people, working together with our clients in person and digitally to create inspired modern interiors. Our internationally recognized portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements. Our brands Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck | FilzFelt, Edelman Leather, HOLLY HUNT, DatesWeiser, Muuto, and Fully reflect our commitment to modern design that meets the diverse requirements of high performance workplaces, work from home settings and luxury residential interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian`s Cooper-Hewitt, National Design Museum, Knoll, Inc. is aligned with the U.S. Green Building Council and the Canadian Green Building Council and can help organizations achieve the Leadership in Energy and Environmental Design (LEED) workplace certification. Our products can also help clients comply with the International Living Future Institute to achieve Living Building Challenge Certification, and with the International WELL Building Institute to attain WELL Building Certification. Knoll, Inc. is the founding sponsor of the World Monuments Fund Modernism at Risk program. Forward-Looking Statements This press release relates to a proposed business combination transaction between Herman Miller, Inc. (the "Company") and Knoll, Inc. ("Knoll"). This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, the anticipated impact of the proposed transaction on the combined company's business and future financial and operating results, the expected amount and timing of synergies from the proposed transaction, the anticipated closing date for the proposed transaction and other aspects of our operations or operating results. These forward-looking statements generally can be identified by phrases such as "will," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition of the combined companies or the price of the Company's or Knoll's stock. These forward-looking statements involve certain risks and uncertainties, many of which are beyond the parties' control, that could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to: the impact of public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related company or government policies and actions to protect the health and safety of individuals or government policies or actions to maintain the functioning of national or global economies and markets; the effect of the announcement of the merger on the ability of the Company or Knoll to retain and hire key personnel and maintain relationships with customers, suppliers and others with whom the Company or Knoll does business, or on the Company's or Knoll's operating results and business generally; risks that the merger disrupts current plans and operations and the potential difficulties in employee retention as a result of the merger; the outcome of any legal proceedings related to the merger; the ability of the parties to consummate the proposed transaction on a timely basis or at all; the satisfaction of the conditions precedent to consummation of the proposed transaction, including the ability to secure regulatory approvals on the terms expected, at all or in a timely manner; the ability of the Company to successfully integrate Knoll's operations; the ability of the Company to implement its plans, forecasts and other expectations with respect to the Company's business after the completion of the transaction and realize expected synergies; business disruption following the merger; general economic conditions; the availability and pricing of raw materials; the financial strength of our dealers and the financial strength of our customers; the success of newly-introduced products; the pace and level of government procurement; and the outcome of pending litigation or governmental audits or investigations. These risks, as well as other risks related to the proposed transaction, will be included in the registration statement on Form S-4 and joint proxy statement/prospectus that will be filed with the Securities and Exchange Commission (the "SEC") in connection with the proposed transaction. While the risks presented here, and those to be presented in the registration statement on Form S-4, are considered representative, they should not be considered a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to the Company's and Knoll's respective periodic reports and other filings with the SEC, including the risk factors identified in the Company's and Knoll's most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. The forward-looking statements included in this press release are made only as of the date hereof. Neither the Company nor Knoll undertakes any obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by law. No Offer or Solicitation This press release is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended. Additional Information About the Merger and Where to Find It In connection with the proposed transaction, the Company intends to file with the SEC a registration statement on Form S-4 that will include a joint proxy statement of the Company and Knoll and that also constitutes a prospectus of the Company. Each of the Company and Knoll may also file other relevant documents with the SEC regarding the proposed transaction. This document is not a substitute for the proxy statement/prospectus or registration statement or any other document that the Company or Knoll may file with the SEC. The definitive joint proxy statement/prospectus (if and when available) will be mailed to stockholders of the Company and Knoll. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain free copies of the registration statement and joint proxy statement/prospectus (if and when available) and other documents containing important information about the Company, Knoll and the proposed transaction, once such documents are filed with the SEC through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by the Company will be available free of charge on the Company's website at https://investors.hermanmiller.com/sec-filings or by contacting the Company's Investor Relations department at [emailprotected]. Copies of the documents filed with the SEC by Knoll will be available free of charge on Knoll's website at https://knoll.gcs-web.com/sec-filings or by contacting Knoll's Investor Relations department at [emailprotected]. Participants in the Solicitation The Company, Knoll and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information about the directors and executive officers of the Company, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in the Company's proxy statement for its 2020 Annual Meeting of Stockholders, which was filed with the SEC on September 1, 2020, and the Company's Annual Report on Form 10-K for the fiscal year ended May 30, 2020, which was filed with the SEC on July 28, 2020, as well as in a Form 8-K filed by the Company with the SEC on July 17, 2020. Information about the directors and executive officers of Knoll, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in Knoll's proxy statement for its 2021 Annual Meeting of Stockholders, which was filed with the SEC on April 1, 2021, and Knoll's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 1, 2021. Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transaction when such materials become available. Investors should read the joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the Company or Knoll using the sources indicated above. Contacts Herman Miller Investors: Jeff Stutz Chief Financial Officer616 654-8538[emailprotected] Kevin Veltman VP of Investor Relations & Treasurer616 654-3973 [emailprotected] Media: Todd Woodward[emailprotected]616 654-5977 Knoll Investors: Charles RayfieldSenior Vice President and Chief Financial Officer215 679-1703[emailprotected] Media: David E. BrightSenior Vice President, Communications212 343-4135[emailprotected] 1 Includes $1.25 billion of term loan facilities and a $0.5 billion revolving credit facility expected to be undrawn at close. SOURCE Herman Miller, Inc.; Knoll, Inc. Answer:
Herman Miller and Knoll to Combine, Creating the Preeminent Leader in Modern Design, Catalyzing the Transformation of the Home and Office
ZEELAND, Mich.and EAST GREENVILLE, Pa., April 19, 2021 /PRNewswire/ --Herman Miller, Inc. (NASDAQ: MLHR) and Knoll Inc. (NYSE: KNL) today announced that they have entered into a definitive agreement under which Herman Miller will acquire Knoll in a cash and stock transaction valued at $1.8 billion. The transaction, which has been unanimously approved by the Boards of Directors of both companies, is expected to close by the end of the third quarter of calendar year 2021, subject to the satisfaction of closing conditions. Under the terms of the agreement, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own. Based on Herman Miller's five-day volume weighted average price of $43.94 per share, the transaction terms imply a purchase price of $25.06 per share, representing a 45% premium to Knoll's closing share price on April 16, 2021.Upon completion of the transaction, Herman Miller shareholders will own approximately 78% of the combined company and Knoll shareholders will own approximately 22%. In connection with the closing of the transaction, Herman Miller will purchase all of the outstanding shares of Knoll's preferred stock from Investindustrial VII L.P. ("Investindustrial") for a fixed cash consideration of $253 million, representing an equivalent price of $25.06 for each underlying share of Knoll common stock. Investindustrial has entered into a voting agreement to vote in favor of the transaction at the special meeting of Knoll shareholders to be held in connection with the transaction. This highly complementary combination will create the preeminent leader in modern design, catalyzing the transformation of the home and office sectors at a time of unprecedented disruption. Herman Miller and Knoll collectively have 19 leading brands, presence across over 100 countries worldwide, a global dealer network, 64 showrooms globally, more than 50 physical retail locations and global multi-channel eCommerce capabilities. The combined company will have pro forma annual revenue of approximately $3.6 billion and pro forma adjusted EBITDA of approximately $552 million, based on each company's respective last reported 12 months and including the anticipated $100 million of cost synergies, implying adjusted EBITDA margins of approximately 16%. "This transaction brings together two pioneering icons of design with strong businesses, attractive portfolios and long histories of innovation," said Andi Owen, President and Chief Executive Officer of Herman Miller. "As distributed working models become the new normal for companies, businesses are reimagining the office to foster collaboration, culture and focused work, while supporting a growing remote employee base. At the same time, consumers are making significant investments in their homes. With a broad portfolio, global footprint and advanced digital capabilities, we will be poised to meet our customers everywhere they live and work. Together, we will offer a deep portfolio of brands, technology, talent and innovation, to create meaningful growth opportunities in all areas of the combined business." "This combination validates the strategic direction and our success in building a preeminent constellation of design-driven brands and leaders, and is a testament to the achievements of the entire Knoll team inbringing a contemporary perspective to how we work and live," said Andrew Cogan, Knoll Chairman and Chief Executive Officer. "We believe this combination offers significant benefits to our shareholders, clients, dealers and associates. Our shareholders will receive immediate and certain value, as well as future upside potential through ownership in an industry leader with significant growth opportunities. Our clients, the design community and dealers will have access to an expanded, exceptional portfolio of brands through enhanced channels. And our associates will benefit as part of a larger and more diversified company with a shared design legacy." Ms. Owen added, "In addition to driving value for Herman Miller and Knoll shareholders, dealers and customers will benefit from a broader combined portfolio that will deliver beauty, joy, efficiency and utility. The transaction will also create enhanced opportunities for employees across both organizations. Herman Miller and Knoll both have cultures guided by values that support problem-solving design, and doing well by doing good, and these shared beliefs will contribute to a smooth integration." Compelling Strategic and Financial Benefits Pairs two industry pioneers to catalyze the transformation of the home and office at a time of unprecedented disruption. As powerful trends reshape our lives including distributed work, a greater focus on the home, digital disruption, the rise of DTC business models and a focus on sustainability, the health and well-being of employees, communities and the planet the combined company will be well positioned to lead the industry in redefining home and office design solutions. Combines two highly complementary businesses to create a broader product portfolio. The transaction unites two exceptional portfolios of complementary brands, each with its own design legacy that places them at the epicenter of modern furnishings, and more broadly, modern design. Enhances scale and capabilities to drive growth and profitability. The combined company will have a scaled U.S. and international footprint to facilitate growth of the combined portfolio through Herman Miller's and Knoll's well-established distribution channels. Together, Herman Miller and Knoll will have increased reach and the ability to better serve customers across the contract furnishings sector, residential trade segment and retail audience. In addition, the transaction will enhance engagement with architects and interior designers, who support the decision-making for both Contract and Residential customers. Accelerates digital and technology transformation. Herman Miller's digital transformation in both the Retail and Contract channels provides a strong foundation for the combined company to scale existing investments in both new and expanded digital capabilities. These investments will enable the combined company to further accelerate progress, ensuring it meets the highest level of manufacturing excellence, customer sales and service, and user experience. Brings together common cultures and capabilities, with a shared commitment to social responsibility. Herman Miller and Knoll have a long history and shared cultures and commitment to design, innovation, operational excellence, sustainability and social good. The transaction will ensure that the combined company continues to deliver the highest quality products to customers while further reinforcing Herman Miller's and Knoll's shared focus on building more sustainable, diverse and inclusive enterprises. Delivers significant financial benefits. The transaction is expected to generate $100 million of run-rate cost synergies within two years of closing, driven primarily by SG&A, supply chain, procurement and logistics savings. Bringing together Herman Miller and Knoll is also expected to generate significant revenue synergies across the combined business through enhanced scale, cross-selling, and digital and eCommerce opportunities. The transaction is expected to be accretive to Herman Miller's adjusted cash earnings per share in the first 12 months following the close of the transaction. Following the close of the transaction, Ms. Owen will serve as President and Chief Executive Officer of the combined company. Mr. Cogan plans to depart the combined company upon closing of the transaction after a successful 30-year career with Knoll, during which time Knoll received the National Design Award for Corporate and Institutional Achievement from the Smithsonian's Cooper-Hewitt, National Design Museum. Commenting on Mr. Cogan's leadership, Ms. Owen concluded, "I want to thank Andrew for his partnership in reaching this agreement and recognize his outstanding dedication to Knoll during its many years of success. Knoll thrives today as a result of Andrew's dedication to its founders' commitment to good design.In the process, he has built an organization and brand portfolio dedicated to design leadership, operational excellence, digital innovation and customer experience, building on the storied Knoll heritage and pioneering the development of groundbreaking products. We look forward to welcoming Knoll's incredibly talented team." Approvals, Financing and Timing to Close The transaction, which is expected to close by the end of the third quarter of calendar year 2021, is subject to approval by Herman Miller and Knoll shareholders, the receipt of required regulatory approvals and the satisfaction of other customary closing conditions. The transaction is not conditioned on financing. Herman Miller expects to fund the cash portion of the transaction consideration with a combination of new debt and cash on hand. Herman Miller has obtained a commitment from Goldman Sachs for $1.751 billion of senior secured revolving and term loan credit facilities, subject to customary conditions. Advisors Goldman Sachs & Co. LLC is serving as financial advisor to Herman Miller and Wachtell, Lipton, Rosen & Katz is serving as legal advisor. BofA Securities is serving as financial advisor to Knoll and Sullivan & Cromwell is serving as legal advisor. Conference Call, Webcast and Presentation Herman Miller and Knoll will host a conference call and webcast today at 8:30 a.m. ET to discuss the transaction. The webcast and accompanying slides can be accessed on the internet in the investor relations section of either www.hermanmiller.com or www.knoll.com. The live call is also available by dialing (877) 524-8416 within the U.S. and (412) 902-1028 for international callers. A replay of the conference call will be available on both companies' investor relations websites following the call. Transaction Website Additional information on the transaction and related materials can be found on a joint transaction website at www.NewLeaderInModernDesign.com. About Herman Miller Herman Miller is a globally recognized leader in design. Since its inception in 1905, the company's innovative, problem-solving designs and furnishings have inspired the best in people wherever they live, work, learn, heal, and play. In 2018, Herman Miller created Herman Miller Group, a purposefully selected, complementary family of brands that includes Colebrook Bosson Saunders, Design Within Reach, Geiger, HAY, Maars Living Walls, Maharam, and naughtone. Guided by a shared purposedesign for the good of humankindHerman Miller Group shapes places that matter for customers while contributing to a more equitable and sustainable future for all. For more information visit www.hermanmiller.com/about-us. About Knoll Knoll, Inc. is a constellation of design-driven brands and people, working together with our clients in person and digitally to create inspired modern interiors. Our internationally recognized portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements. Our brands Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck | FilzFelt, Edelman Leather, HOLLY HUNT, DatesWeiser, Muuto, and Fully reflect our commitment to modern design that meets the diverse requirements of high performance workplaces, work from home settings and luxury residential interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian`s Cooper-Hewitt, National Design Museum, Knoll, Inc. is aligned with the U.S. Green Building Council and the Canadian Green Building Council and can help organizations achieve the Leadership in Energy and Environmental Design (LEED) workplace certification. Our products can also help clients comply with the International Living Future Institute to achieve Living Building Challenge Certification, and with the International WELL Building Institute to attain WELL Building Certification. Knoll, Inc. is the founding sponsor of the World Monuments Fund Modernism at Risk program. Forward-Looking Statements This press release relates to a proposed business combination transaction between Herman Miller, Inc. (the "Company") and Knoll, Inc. ("Knoll"). This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, the anticipated impact of the proposed transaction on the combined company's business and future financial and operating results, the expected amount and timing of synergies from the proposed transaction, the anticipated closing date for the proposed transaction and other aspects of our operations or operating results. These forward-looking statements generally can be identified by phrases such as "will," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition of the combined companies or the price of the Company's or Knoll's stock. These forward-looking statements involve certain risks and uncertainties, many of which are beyond the parties' control, that could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to: the impact of public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related company or government policies and actions to protect the health and safety of individuals or government policies or actions to maintain the functioning of national or global economies and markets; the effect of the announcement of the merger on the ability of the Company or Knoll to retain and hire key personnel and maintain relationships with customers, suppliers and others with whom the Company or Knoll does business, or on the Company's or Knoll's operating results and business generally; risks that the merger disrupts current plans and operations and the potential difficulties in employee retention as a result of the merger; the outcome of any legal proceedings related to the merger; the ability of the parties to consummate the proposed transaction on a timely basis or at all; the satisfaction of the conditions precedent to consummation of the proposed transaction, including the ability to secure regulatory approvals on the terms expected, at all or in a timely manner; the ability of the Company to successfully integrate Knoll's operations; the ability of the Company to implement its plans, forecasts and other expectations with respect to the Company's business after the completion of the transaction and realize expected synergies; business disruption following the merger; general economic conditions; the availability and pricing of raw materials; the financial strength of our dealers and the financial strength of our customers; the success of newly-introduced products; the pace and level of government procurement; and the outcome of pending litigation or governmental audits or investigations. These risks, as well as other risks related to the proposed transaction, will be included in the registration statement on Form S-4 and joint proxy statement/prospectus that will be filed with the Securities and Exchange Commission (the "SEC") in connection with the proposed transaction. While the risks presented here, and those to be presented in the registration statement on Form S-4, are considered representative, they should not be considered a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to the Company's and Knoll's respective periodic reports and other filings with the SEC, including the risk factors identified in the Company's and Knoll's most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. The forward-looking statements included in this press release are made only as of the date hereof. Neither the Company nor Knoll undertakes any obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by law. No Offer or Solicitation This press release is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended. Additional Information About the Merger and Where to Find It In connection with the proposed transaction, the Company intends to file with the SEC a registration statement on Form S-4 that will include a joint proxy statement of the Company and Knoll and that also constitutes a prospectus of the Company. Each of the Company and Knoll may also file other relevant documents with the SEC regarding the proposed transaction. This document is not a substitute for the proxy statement/prospectus or registration statement or any other document that the Company or Knoll may file with the SEC. The definitive joint proxy statement/prospectus (if and when available) will be mailed to stockholders of the Company and Knoll. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain free copies of the registration statement and joint proxy statement/prospectus (if and when available) and other documents containing important information about the Company, Knoll and the proposed transaction, once such documents are filed with the SEC through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by the Company will be available free of charge on the Company's website at https://investors.hermanmiller.com/sec-filings or by contacting the Company's Investor Relations department at [emailprotected]. Copies of the documents filed with the SEC by Knoll will be available free of charge on Knoll's website at https://knoll.gcs-web.com/sec-filings or by contacting Knoll's Investor Relations department at [emailprotected]. Participants in the Solicitation The Company, Knoll and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information about the directors and executive officers of the Company, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in the Company's proxy statement for its 2020 Annual Meeting of Stockholders, which was filed with the SEC on September 1, 2020, and the Company's Annual Report on Form 10-K for the fiscal year ended May 30, 2020, which was filed with the SEC on July 28, 2020, as well as in a Form 8-K filed by the Company with the SEC on July 17, 2020. Information about the directors and executive officers of Knoll, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in Knoll's proxy statement for its 2021 Annual Meeting of Stockholders, which was filed with the SEC on April 1, 2021, and Knoll's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 1, 2021. Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transaction when such materials become available. Investors should read the joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the Company or Knoll using the sources indicated above. Contacts Herman Miller Investors: Jeff Stutz Chief Financial Officer616 654-8538[emailprotected] Kevin Veltman VP of Investor Relations & Treasurer616 654-3973 [emailprotected] Media: Todd Woodward[emailprotected]616 654-5977 Knoll Investors: Charles RayfieldSenior Vice President and Chief Financial Officer215 679-1703[emailprotected] Media: David E. BrightSenior Vice President, Communications212 343-4135[emailprotected] 1 Includes $1.25 billion of term loan facilities and a $0.5 billion revolving credit facility expected to be undrawn at close. SOURCE Herman Miller, Inc.; Knoll, Inc.
edtsum7925
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 HAVEN, Conn. & SEOUL, South Korea--(BUSINESS WIRE)--BOSAGORA Foundation (President: Kim In-hwan) announced that it is supporting the Open Climate Collabathon, a project initially incubated at the Yale Open Innovation Lab. Under its vision of Make a better world, BOSAGORA, a public blockchain platform, is conducting a variety of social contribution activities, such as delivering care packages to healthcare professionals who are exhausted due to the continued COVID-19 pandemic. The outstanding social contribution was recognized by the UN Solidarity Award 2020 in July this year for the first time as an organization in Korea. The Open Climate Collabathon is a global grassroots network and event series mobilizing the technology and climate community to collaborate on digital public goods to develop an integrated Climate Accounting System. It is a non-profit initiative hosted by the Open Collective Foundation, organized by a collective of organizations and governed by principles of "do-ocracy". The Open Climate Collabathon introduces a collaborative ethos to the concept of hackathons and brings collaborators across the world to explore how to best adopt emerging technologies such as distributed ledger technology (DLT), Internet of Things (IoT), and big data, in order to trace carbon in supply chains and certify climate actions. A key focus is protecting the privacy and enhancing transparency for individual data by developing the Global Climate Accounting System and enabling assurance of accountability by designing contractual automations in financial mechanism and accounting mechanism, such as prevention of double counting in the digital certification and trading of climate actions and rewards and fines. BOSAGORA recently joined the Collabathon as a global ambassador focusing on the publicity of the Open Climate Collabathon and by exploring how to best leverage its blockchain technology and network for climate services under the "Open Climate" initiative going forward. We are excited to move a step closer to realizing a better world being pursued by BOSAGORA through this support of the Open Climate Collabathon, said Kim In-hwan, President of BOSAGORA Foundation. We will remain to seek ways of utilizing BOSAGORAs unique blockchain technology and infrastructures in diverse areas. Answer:
BOSAGORA Joins the Open Climate Collabathon Project
NEW HAVEN, Conn. & SEOUL, South Korea--(BUSINESS WIRE)--BOSAGORA Foundation (President: Kim In-hwan) announced that it is supporting the Open Climate Collabathon, a project initially incubated at the Yale Open Innovation Lab. Under its vision of Make a better world, BOSAGORA, a public blockchain platform, is conducting a variety of social contribution activities, such as delivering care packages to healthcare professionals who are exhausted due to the continued COVID-19 pandemic. The outstanding social contribution was recognized by the UN Solidarity Award 2020 in July this year for the first time as an organization in Korea. The Open Climate Collabathon is a global grassroots network and event series mobilizing the technology and climate community to collaborate on digital public goods to develop an integrated Climate Accounting System. It is a non-profit initiative hosted by the Open Collective Foundation, organized by a collective of organizations and governed by principles of "do-ocracy". The Open Climate Collabathon introduces a collaborative ethos to the concept of hackathons and brings collaborators across the world to explore how to best adopt emerging technologies such as distributed ledger technology (DLT), Internet of Things (IoT), and big data, in order to trace carbon in supply chains and certify climate actions. A key focus is protecting the privacy and enhancing transparency for individual data by developing the Global Climate Accounting System and enabling assurance of accountability by designing contractual automations in financial mechanism and accounting mechanism, such as prevention of double counting in the digital certification and trading of climate actions and rewards and fines. BOSAGORA recently joined the Collabathon as a global ambassador focusing on the publicity of the Open Climate Collabathon and by exploring how to best leverage its blockchain technology and network for climate services under the "Open Climate" initiative going forward. We are excited to move a step closer to realizing a better world being pursued by BOSAGORA through this support of the Open Climate Collabathon, said Kim In-hwan, President of BOSAGORA Foundation. We will remain to seek ways of utilizing BOSAGORAs unique blockchain technology and infrastructures in diverse areas.
edtsum7926
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: MASON, Ohio--(BUSINESS WIRE)--AtriCure, Inc. (Nasdaq: ATRC), a leading innovator in treatments for atrial fibrillation (Afib) and left atrial appendage (LAA) management, today announced that the company will be participating in the upcoming Morgan Stanley 18th Annual Global Healthcare Conference being held virtually. AtriCures management is scheduled to present on Monday, September 14, 2020, at 2:15 p.m. Eastern Time. Interested parties may access a live audio webcast of the presentation by visiting the Investors section of the companys website at https://ir.atricure.com. About AtriCure AtriCure, Inc. provides innovative technologies for the treatment of Afib and related conditions. Afib affects more than 33 million people worldwide. Electrophysiologists and cardiothoracic surgeons around the globe use AtriCure technologies for the treatment of Afib and reduction of Afib related complications. AtriCures Isolator Synergy Ablation System is the first and only medical device to receive FDA approval for the treatment of persistent Afib. AtriCures AtriClip Left Atrial Appendage Exclusion System products are the most widely sold LAA management devices worldwide. For more information, visit AtriCure.com or follow us on Twitter @AtriCure. Answer:
AtriCure to Participate at the Morgan Stanley 18th Annual Global Healthcare Conference
MASON, Ohio--(BUSINESS WIRE)--AtriCure, Inc. (Nasdaq: ATRC), a leading innovator in treatments for atrial fibrillation (Afib) and left atrial appendage (LAA) management, today announced that the company will be participating in the upcoming Morgan Stanley 18th Annual Global Healthcare Conference being held virtually. AtriCures management is scheduled to present on Monday, September 14, 2020, at 2:15 p.m. Eastern Time. Interested parties may access a live audio webcast of the presentation by visiting the Investors section of the companys website at https://ir.atricure.com. About AtriCure AtriCure, Inc. provides innovative technologies for the treatment of Afib and related conditions. Afib affects more than 33 million people worldwide. Electrophysiologists and cardiothoracic surgeons around the globe use AtriCure technologies for the treatment of Afib and reduction of Afib related complications. AtriCures Isolator Synergy Ablation System is the first and only medical device to receive FDA approval for the treatment of persistent Afib. AtriCures AtriClip Left Atrial Appendage Exclusion System products are the most widely sold LAA management devices worldwide. For more information, visit AtriCure.com or follow us on Twitter @AtriCure.
edtsum7928
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, May 13, 2020 /PRNewswire/ --Jenzabar, Inc., a leading technology innovator in higher education serving the new student, today unveiled Jenzabar Unity Platform, a unified, highly scalable integration platform-as-a-service (iPaaS) solution designed to improve operational efficiency and reduce the technical barriers associated with connecting campus-wide applications. Jenzabar Unity Platform comprises an ever-expanding suite of out-of-the-box (OOB) integrations and enables organizations to build their own application programming interfaces (APIs) through a consolidated, secure, cloud-based platform. It simplifies the time-consuming and complex tasks of integrating the diverse on-premises and cloud offerings used by today's higher education institutions. Over the years, institutions have adopted countless technology platforms and applications across campus to modernize operations and keep up with student demand. This has often resulted in the creation of disconnected technology ecosystems with siloed systems that are not properly integrated, leading to increased maintenance costs, decreased performance, and unnecessary complexity. Jenzabar Unity Platform gives institutions the tools to develop, onboard, manage, and monitor advanced APIs through a single platform, bringing together disjointed technology ecosystems and eliminating the dependency on legacy integrations that no longer adhere to modern IT environments. Powered by the industry-leading Dell Boomi solution, Jenzabar Unity Platform is designed to improve efficiency across higher education campuses by making it easier to collect, govern, transform, and share data. With a centralized API dashboard and an easy-to-use (low code, no code), drag-and-drop interface, staff can easily build or onboard additional APIs at a fraction of the time and cost typically associated with sophisticated software implementations. "Jenzabar Unity Platform was created to help higher education institutions create more seamlessly connected IT environments, even if they are not using the entire Jenzabar One suite," said Les Zimmerman, Vice President of Product Development at Jenzabar. "Empowering institutions with the tools to effectively manage the applications they want to use will help organizations reduce time spent governing IT systems and allow them to focus on driving student success." About Jenzabar Created out of a passion for education and a vision for technology, Jenzabar offers disruptive, innovative software solutionsand services that empower students' success and help higher education institutions meet the demands of the modern student. Over 1,350 higher educational campuses harness Jenzabar solutions for improved performance across campus and a more personalized and connected experience for the student. For further information, please visit www.jenzabar.com or on Twitter @Jenzabar or LinkedIn. SOURCE Jenzabar, Inc. Answer:
Jenzabar Unveils iPaaS Integration Platform to Accelerate Higher Education's Digital Transformation Jenzabar Unity Platform Comprises an Ever-Expanding Suite of Out-of-the-Box Application Integrations to Eliminate Technical Barriers Across Campus
BOSTON, May 13, 2020 /PRNewswire/ --Jenzabar, Inc., a leading technology innovator in higher education serving the new student, today unveiled Jenzabar Unity Platform, a unified, highly scalable integration platform-as-a-service (iPaaS) solution designed to improve operational efficiency and reduce the technical barriers associated with connecting campus-wide applications. Jenzabar Unity Platform comprises an ever-expanding suite of out-of-the-box (OOB) integrations and enables organizations to build their own application programming interfaces (APIs) through a consolidated, secure, cloud-based platform. It simplifies the time-consuming and complex tasks of integrating the diverse on-premises and cloud offerings used by today's higher education institutions. Over the years, institutions have adopted countless technology platforms and applications across campus to modernize operations and keep up with student demand. This has often resulted in the creation of disconnected technology ecosystems with siloed systems that are not properly integrated, leading to increased maintenance costs, decreased performance, and unnecessary complexity. Jenzabar Unity Platform gives institutions the tools to develop, onboard, manage, and monitor advanced APIs through a single platform, bringing together disjointed technology ecosystems and eliminating the dependency on legacy integrations that no longer adhere to modern IT environments. Powered by the industry-leading Dell Boomi solution, Jenzabar Unity Platform is designed to improve efficiency across higher education campuses by making it easier to collect, govern, transform, and share data. With a centralized API dashboard and an easy-to-use (low code, no code), drag-and-drop interface, staff can easily build or onboard additional APIs at a fraction of the time and cost typically associated with sophisticated software implementations. "Jenzabar Unity Platform was created to help higher education institutions create more seamlessly connected IT environments, even if they are not using the entire Jenzabar One suite," said Les Zimmerman, Vice President of Product Development at Jenzabar. "Empowering institutions with the tools to effectively manage the applications they want to use will help organizations reduce time spent governing IT systems and allow them to focus on driving student success." About Jenzabar Created out of a passion for education and a vision for technology, Jenzabar offers disruptive, innovative software solutionsand services that empower students' success and help higher education institutions meet the demands of the modern student. Over 1,350 higher educational campuses harness Jenzabar solutions for improved performance across campus and a more personalized and connected experience for the student. For further information, please visit www.jenzabar.com or on Twitter @Jenzabar or LinkedIn. SOURCE Jenzabar, Inc.
edtsum7933
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., Aug. 13, 2020 /PRNewswire/ --CB Resource, Inc. ("CBR") today announced that they have launched a new risk management focused report, the CB Risk Radar. Available to all community banks on a complimentary basis, the CB Risk Radar is a targeted scorecard developed in the wake of the pandemic to quantitatively gauge a bank's risk profile. The report highlights key risk indicators, their relative risk level, and trends (year over year or quarter over quarter). The result is a solid representation of a bank's overall risk profile by viewing and aggregating pertinent key risk indicators related to earnings, capital, credit quality, interest rate risk & liquidity. "CB Risk Radar complements our robust suite of risk management and planning solutions as a powerful set of data presented in an easy to digest format. We feel that it addresses the need from bank management teams and boards to see and address areas of strength and weakness, as it pertains to overall risk," according to Jeff Rigsby, CB Resource, Inc.'s President and CEO. CB Risk Radar further positions CBR as innovators and thought leaders in the area of bank enterprise risk management and strategic planning. "We often find that community banks do not have access to meaningful data for decision making. The CB Risk Radar is our first step in assessing the risk profile of an institution. From there we can help our clients address strategic or risk management needs through our proprietary data channels and our proven suite of solutions," stated Robert Finch, CB Resource, Inc.'s Senior Vice President of Sales and Marketing. To learn more about CB Risk Radar and request your copy, visit https://cb-resource.com/what-we-do/cb-risk-radar/ or call us at 877.367.8236. About CB Resource, Inc. Founded in 2011, CB Resource, Inc. serves its national network of community bank clients by offering enterprise risk management, strategic planning, and capital planning solutions. The firm leverages proprietary technology and subject matter expertise to support their clients' ability to achieve optimal performance in good times and bad. Contact: Robert Finch949.502.6910[emailprotected] SOURCE CB Resource Related Links http://www.cb-resource.com Answer:
CB Resource, Inc. Announces Release Of New Complementary Report, CB Risk Radar
IRVINE, Calif., Aug. 13, 2020 /PRNewswire/ --CB Resource, Inc. ("CBR") today announced that they have launched a new risk management focused report, the CB Risk Radar. Available to all community banks on a complimentary basis, the CB Risk Radar is a targeted scorecard developed in the wake of the pandemic to quantitatively gauge a bank's risk profile. The report highlights key risk indicators, their relative risk level, and trends (year over year or quarter over quarter). The result is a solid representation of a bank's overall risk profile by viewing and aggregating pertinent key risk indicators related to earnings, capital, credit quality, interest rate risk & liquidity. "CB Risk Radar complements our robust suite of risk management and planning solutions as a powerful set of data presented in an easy to digest format. We feel that it addresses the need from bank management teams and boards to see and address areas of strength and weakness, as it pertains to overall risk," according to Jeff Rigsby, CB Resource, Inc.'s President and CEO. CB Risk Radar further positions CBR as innovators and thought leaders in the area of bank enterprise risk management and strategic planning. "We often find that community banks do not have access to meaningful data for decision making. The CB Risk Radar is our first step in assessing the risk profile of an institution. From there we can help our clients address strategic or risk management needs through our proprietary data channels and our proven suite of solutions," stated Robert Finch, CB Resource, Inc.'s Senior Vice President of Sales and Marketing. To learn more about CB Risk Radar and request your copy, visit https://cb-resource.com/what-we-do/cb-risk-radar/ or call us at 877.367.8236. About CB Resource, Inc. Founded in 2011, CB Resource, Inc. serves its national network of community bank clients by offering enterprise risk management, strategic planning, and capital planning solutions. The firm leverages proprietary technology and subject matter expertise to support their clients' ability to achieve optimal performance in good times and bad. Contact: Robert Finch949.502.6910[emailprotected] SOURCE CB Resource Related Links http://www.cb-resource.com
edtsum7948
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: 2021224 // -- 2021 DIVERSITY in Ed 2 1 DIVERSITY in Ed Trina Edwards 5,000 Edwards 179 (Duval County Public Schools)(Clark County Public Schools)(Fairfax County Public Schools)(Gwinnett County Public Schools)2021 4 14 7 20 Edwards LaMeika Robinson DIVERSITY in Ed DIVERSITY in Ed 7 Edwards DIVERSITY in Ed https://www.diversityined.com DIVERSITY in Ed https://diversityined.careerfairexpo.com/ Trina Edwards 281-265-2473 [emailprotected] - https://mma.prnewswire.com/media/1143119/DIVERSITYinEd_Logo.jpg DIVERSITY in Ed Related Links https://www.diversityined.com/blog/home/ SOURCE DIVERSITY in Ed Answer:
DIVERSITY in Ed 2021 5,000 USA - English USA - espaol
2021224 // -- 2021 DIVERSITY in Ed 2 1 DIVERSITY in Ed Trina Edwards 5,000 Edwards 179 (Duval County Public Schools)(Clark County Public Schools)(Fairfax County Public Schools)(Gwinnett County Public Schools)2021 4 14 7 20 Edwards LaMeika Robinson DIVERSITY in Ed DIVERSITY in Ed 7 Edwards DIVERSITY in Ed https://www.diversityined.com DIVERSITY in Ed https://diversityined.careerfairexpo.com/ Trina Edwards 281-265-2473 [emailprotected] - https://mma.prnewswire.com/media/1143119/DIVERSITYinEd_Logo.jpg DIVERSITY in Ed Related Links https://www.diversityined.com/blog/home/ SOURCE DIVERSITY in Ed
edtsum7950
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, June 18, 2020 /PRNewswire/ -- More than 8 in 10 Americans (83%) say the future of our nation is a significant source of stress, according to the American Psychological Association's most recent survey report, Stress in AmericaTM 2020: Stress in The Time of COVID-19, Volume Two. The previous high was 69%, reported in 2018 as part of APA's annual Stress in America survey. Most Americans say that this is the lowest point in the nation's history that they can remember. Following protests over racial injustice sparked by the death of George Floyd at the hands of Minneapolis police all set against the backdrop of the COVID-19 pandemic more than 7 in 10 (72%) Americans say that this is the lowest point in the country's history that they can remember. The report includes findings fromtwo recent surveys conducted by The Harris Poll on behalf of APA: Wave 2 of the COVID Tracker conducted from May 21 to June 3, 2020, among 3,013 adults age 18+ who reside in the U.S. and an additional poll about the current civil unrest conducted from June 9 to 11, 2020, among 2,058 adults age 18+ who reside in the U.S. "We are experiencing the collision of three national crises the COVID-19 pandemic, economic turmoil and recent, traumatic events related to systemic racism. As a result, the collective mental health of the American public has endured one devasting blow after another, the long-term effects of which many people will struggle with for years to come," said Arthur C. Evans Jr., PhD, APA's chief executive officer. "We don't have to be passive players in mitigating the rapidly increasing stress Americans are facing and its consequences on our health."The proportion of black Americans who say discrimination is a significant source of stress has increased significantly in the past month, with 55% of black adults saying discrimination is a significant source of stress in Wave 2 of the COVID Tracker. At the beginning of May, only 42% said the same in Wave 1. In the most recent civil unrest poll, more than 7 in 10 Americans (71%) say police violence toward minorities is a significant source of stress. But most Americans (67%) say the current movement against systemic racism and police brutality is going to lead to meaningful change in America."America has an ongoing racism pandemic that continues to devastate the lives and livelihoods of our black communities," Evans said. "The majority of Americans are finally coming to terms with the reality people of color have known all too well for all too long and that research has documented: Racism poses a public health threat and the psychological burden is immense. We have a lot of healing to do as a nation. Increased access to psychological supports is one way to move us more in the right direction."In a continued focus on pandemic-related stress through the COVID Tracker, the report also shows nearly 2 in 3 adults (66%) say the government response to the COVID-19 pandemic is a significant source of stress. Of those, 84% say the federal government response is a significant source of stress, followed by state (72%) and local governments (64%). Overall, more than 6 in 10 Americans (63%) agree that the thought of the U.S. reopening causes them stress, but just over 7 in 10 adults (72%) say they are confident they can protect themselves from coronavirus once the U.S. reopens. At the same time, 65% say they wish they had more information about what they should do as their community reopens.Stress in AmericaTM 2020: Stress in the Time of COVID-19, Volume Two plus downloadable graphics are available in theStress in America Press Room.APA also offers resources for the public on mental health during the time of COVID-19, including resources for parents and on racial equity and health disparities.MethodologyWave 2 of the COVID Tracker was conducted online within the United States by The Harris Poll on behalf of the American Psychological Association between May 21 and June 3, 2020, among 3,013 adults age 18+ who reside in the U.S. Interviews were conducted in English and Spanish. Data were weighted to reflect their proportions in the population based on the 2019 Current Population Survey by the U.S. Census Bureau. Weighting variables included age by gender, race/ethnicity, education, region, household income and time spent online. Hispanic adults also were weighted for acculturation taking into account respondents' household language as well as their ability to read and speak in English and Spanish. Country of origin (U.S./non-U.S.) also was included for Hispanic and Asian subgroups. Weighting variables for Gen Z adults (ages 18 to 23) included education, age by gender, race/ethnicity, region, household income and size of household. Propensity score weighting was used to adjust for respondents' propensity to be online. The Civil Unrest Survey was conducted online within the United States by The Harris Poll on behalf ofthe American Psychological Association between June 9 and 11, 2020, among 2,058 adults age 18+ who reside in the U.S. Results were weighted for age within gender, region, race/ethnicity, household income, education, marital status and size of household where necessary to align them with their actual proportions in the population.Propensity score weighting was also used to adjust for respondents' propensity to be online.Neither online survey is based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including subgroup sample sizes, or methodologies for historical data referenced, contact [emailprotected].TheAmerican Psychological Association, in Washington, D.C., is the largest scientific and professional organization representing psychology in the United States. APA's membership includes nearly 121,000 researchers, educators, clinicians, consultants and students. Through its divisions in 54 subfields of psychology and affiliations with 60 state, territorial and Canadian provincial associations, APA works to advance the creation, communication and application of psychological knowledge to benefit society and improve lives.SOURCE American Psychological Association Related Links https://www.apa.org Answer:
More Than 80% Of Americans Report Nation's Future Is Significant Source Of Stress, Survey Says As protests continue, more than half of black adults say discrimination a significant stressor
WASHINGTON, June 18, 2020 /PRNewswire/ -- More than 8 in 10 Americans (83%) say the future of our nation is a significant source of stress, according to the American Psychological Association's most recent survey report, Stress in AmericaTM 2020: Stress in The Time of COVID-19, Volume Two. The previous high was 69%, reported in 2018 as part of APA's annual Stress in America survey. Most Americans say that this is the lowest point in the nation's history that they can remember. Following protests over racial injustice sparked by the death of George Floyd at the hands of Minneapolis police all set against the backdrop of the COVID-19 pandemic more than 7 in 10 (72%) Americans say that this is the lowest point in the country's history that they can remember. The report includes findings fromtwo recent surveys conducted by The Harris Poll on behalf of APA: Wave 2 of the COVID Tracker conducted from May 21 to June 3, 2020, among 3,013 adults age 18+ who reside in the U.S. and an additional poll about the current civil unrest conducted from June 9 to 11, 2020, among 2,058 adults age 18+ who reside in the U.S. "We are experiencing the collision of three national crises the COVID-19 pandemic, economic turmoil and recent, traumatic events related to systemic racism. As a result, the collective mental health of the American public has endured one devasting blow after another, the long-term effects of which many people will struggle with for years to come," said Arthur C. Evans Jr., PhD, APA's chief executive officer. "We don't have to be passive players in mitigating the rapidly increasing stress Americans are facing and its consequences on our health."The proportion of black Americans who say discrimination is a significant source of stress has increased significantly in the past month, with 55% of black adults saying discrimination is a significant source of stress in Wave 2 of the COVID Tracker. At the beginning of May, only 42% said the same in Wave 1. In the most recent civil unrest poll, more than 7 in 10 Americans (71%) say police violence toward minorities is a significant source of stress. But most Americans (67%) say the current movement against systemic racism and police brutality is going to lead to meaningful change in America."America has an ongoing racism pandemic that continues to devastate the lives and livelihoods of our black communities," Evans said. "The majority of Americans are finally coming to terms with the reality people of color have known all too well for all too long and that research has documented: Racism poses a public health threat and the psychological burden is immense. We have a lot of healing to do as a nation. Increased access to psychological supports is one way to move us more in the right direction."In a continued focus on pandemic-related stress through the COVID Tracker, the report also shows nearly 2 in 3 adults (66%) say the government response to the COVID-19 pandemic is a significant source of stress. Of those, 84% say the federal government response is a significant source of stress, followed by state (72%) and local governments (64%). Overall, more than 6 in 10 Americans (63%) agree that the thought of the U.S. reopening causes them stress, but just over 7 in 10 adults (72%) say they are confident they can protect themselves from coronavirus once the U.S. reopens. At the same time, 65% say they wish they had more information about what they should do as their community reopens.Stress in AmericaTM 2020: Stress in the Time of COVID-19, Volume Two plus downloadable graphics are available in theStress in America Press Room.APA also offers resources for the public on mental health during the time of COVID-19, including resources for parents and on racial equity and health disparities.MethodologyWave 2 of the COVID Tracker was conducted online within the United States by The Harris Poll on behalf of the American Psychological Association between May 21 and June 3, 2020, among 3,013 adults age 18+ who reside in the U.S. Interviews were conducted in English and Spanish. Data were weighted to reflect their proportions in the population based on the 2019 Current Population Survey by the U.S. Census Bureau. Weighting variables included age by gender, race/ethnicity, education, region, household income and time spent online. Hispanic adults also were weighted for acculturation taking into account respondents' household language as well as their ability to read and speak in English and Spanish. Country of origin (U.S./non-U.S.) also was included for Hispanic and Asian subgroups. Weighting variables for Gen Z adults (ages 18 to 23) included education, age by gender, race/ethnicity, region, household income and size of household. Propensity score weighting was used to adjust for respondents' propensity to be online. The Civil Unrest Survey was conducted online within the United States by The Harris Poll on behalf ofthe American Psychological Association between June 9 and 11, 2020, among 2,058 adults age 18+ who reside in the U.S. Results were weighted for age within gender, region, race/ethnicity, household income, education, marital status and size of household where necessary to align them with their actual proportions in the population.Propensity score weighting was also used to adjust for respondents' propensity to be online.Neither online survey is based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including subgroup sample sizes, or methodologies for historical data referenced, contact [emailprotected].TheAmerican Psychological Association, in Washington, D.C., is the largest scientific and professional organization representing psychology in the United States. APA's membership includes nearly 121,000 researchers, educators, clinicians, consultants and students. Through its divisions in 54 subfields of psychology and affiliations with 60 state, territorial and Canadian provincial associations, APA works to advance the creation, communication and application of psychological knowledge to benefit society and improve lives.SOURCE American Psychological Association Related Links https://www.apa.org
edtsum7953
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, Oct. 13, 2020 /PRNewswire/ --InvestorsObserver issues critical PriceWatch Alerts for ENLV, VXRT, CTIC, WKHS, and SOLO. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. ENLV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ENLV&prnumber=101320202 VXRT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VXRT&prnumber=101320202 CTIC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=CTIC&prnumber=101320202 WKHS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=WKHS&prnumber=101320202 SOLO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=SOLO&prnumber=101320202 (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 Enlivex Therapeutics, Vaxart, CTI BioPharma, Workhorse Group, or Electrameccanica Vehicles?
NEW YORK, Oct. 13, 2020 /PRNewswire/ --InvestorsObserver issues critical PriceWatch Alerts for ENLV, VXRT, CTIC, WKHS, and SOLO. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. ENLV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ENLV&prnumber=101320202 VXRT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VXRT&prnumber=101320202 CTIC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=CTIC&prnumber=101320202 WKHS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=WKHS&prnumber=101320202 SOLO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=SOLO&prnumber=101320202 (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
edtsum7955
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, March 29, 2021 /PRNewswire/ -- Group 1 Automotive, Inc.(NYSE: GPI), ("Group 1" or the "Company"),an international, Fortune 500 automotive retailer, today announced that senior management will present at Bank of America's 2021 Global Auto Summit on Tuesday, March 30, 2021. The virtual presentation is scheduled to begin at 1:20 p.m. E.T. A softcopy of the Company's presentation material provided at the virtual conference will also be available within group1corp.com/events and within the Investor Relations section of Group 1's website at group1corp.com/company-presentations. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 184 automotive dealerships, 237 franchises, and 49collision centersinthe United States, theUnited KingdomandBrazilthat offer 31 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts. Investors please visit group1corp.com, group1auto.com, group1collision.com, acceleride.com, facebook.com/group1auto, and twitter.com/group1auto, where Group 1 discloses additional information about the Company, its business, and its results of operations. Investor contacts:Sheila RothManager, Investor RelationsGroup 1 Automotive, Inc.713-647-5741 |[emailprotected] Media contacts:Pete DeLongchampsSenior V.P. Manufacturer Relations, Financial Services and Public AffairsGroup 1 Automotive, Inc.713-647-5770 |[emailprotected]orClint WoodsPierpont Communications, Inc.713-627-2223 |[emailprotected] SOURCE Group 1 Automotive, Inc. Related Links http://www.group1auto.com Answer:
Group 1 Automotive to Present at Bank of America's 2021 Global Auto Summit
HOUSTON, March 29, 2021 /PRNewswire/ -- Group 1 Automotive, Inc.(NYSE: GPI), ("Group 1" or the "Company"),an international, Fortune 500 automotive retailer, today announced that senior management will present at Bank of America's 2021 Global Auto Summit on Tuesday, March 30, 2021. The virtual presentation is scheduled to begin at 1:20 p.m. E.T. A softcopy of the Company's presentation material provided at the virtual conference will also be available within group1corp.com/events and within the Investor Relations section of Group 1's website at group1corp.com/company-presentations. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 184 automotive dealerships, 237 franchises, and 49collision centersinthe United States, theUnited KingdomandBrazilthat offer 31 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts. Investors please visit group1corp.com, group1auto.com, group1collision.com, acceleride.com, facebook.com/group1auto, and twitter.com/group1auto, where Group 1 discloses additional information about the Company, its business, and its results of operations. Investor contacts:Sheila RothManager, Investor RelationsGroup 1 Automotive, Inc.713-647-5741 |[emailprotected] Media contacts:Pete DeLongchampsSenior V.P. Manufacturer Relations, Financial Services and Public AffairsGroup 1 Automotive, Inc.713-647-5770 |[emailprotected]orClint WoodsPierpont Communications, Inc.713-627-2223 |[emailprotected] SOURCE Group 1 Automotive, Inc. Related Links http://www.group1auto.com
edtsum7956
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)--OCC, the worlds largest equity derivatives clearing organization, announced today that November 2020 total cleared contract volume was 677,190,590 contracts, up 71 percent from November 2019. This marks the highest November ever and the second-highest month on record. Year-to-date average daily cleared contract volume through November was 29,295,206 contracts, up 48.4 percent from November 2019. Options: Total exchange-listed options cleared contract volume was 673,660,858, up 72.4 percent from November 2019. Equity options cleared contract volume was 640,174,308 contracts, up 78.9 percent from November 2019. This includes ETF option cleared contract volume of 185,711,923, a 49.9 percent increase compared to November 2019. Index options volume was 33,486,550, a 2.1 percent increase from November 2019. OCCs year-to-date average daily cleared options volume is 29,062,585 contracts. Futures: Total futures cleared contract volume was 3,529,732, a 32.2 percent decrease from November 2019. OCC's year-to-date average daily cleared futures volume is 232,621 contracts. Securities Lending: The average daily loan value at OCC in November 2020 was $86,538,948,248, a 11.5 percent increase compared to November 2019. Securities lending CCP activity increased by 14.4 percent in new loans from November 2019 with 105,418 transactions last month. For 2020 monthly exchange market share information, click here. November 2020 Total Contract Volume November 2019 Total Contract Volume November Total Contract % Change vs 2019 YTD Avg Daily Contract 2020 YTD Avg Daily Contract 2019 % Change vs 2019 Equity Options 640,174,308 357,882,106 78.9% 27,206,312 17,518,400 55.3% Index Options 33,486,550 32,813,835 2.1% 1,856,273 1,906,109 -2.6% Total Options 673,660,858 390,695,941 72.4% 29,062,585 19,424,509 49.6% Futures 3,529,732 5,207,403 -32.2% 232,621 309,554 -24.9% Total Volume 677,190,590 395,903,344 71.0% 29,295,206 19,734,063 48.4% About OCC OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2020 Best Clearing House Equities by Markets Media for the third consecutive year, OCC now provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com. Copyright 2020. The Options Clearing Corporation. All rights reserved. Answer:
OCC November 2020 Total Volume Up 71 Percent From a Year Ago Highest November ever and second-highest month on record
CHICAGO--(BUSINESS WIRE)--OCC, the worlds largest equity derivatives clearing organization, announced today that November 2020 total cleared contract volume was 677,190,590 contracts, up 71 percent from November 2019. This marks the highest November ever and the second-highest month on record. Year-to-date average daily cleared contract volume through November was 29,295,206 contracts, up 48.4 percent from November 2019. Options: Total exchange-listed options cleared contract volume was 673,660,858, up 72.4 percent from November 2019. Equity options cleared contract volume was 640,174,308 contracts, up 78.9 percent from November 2019. This includes ETF option cleared contract volume of 185,711,923, a 49.9 percent increase compared to November 2019. Index options volume was 33,486,550, a 2.1 percent increase from November 2019. OCCs year-to-date average daily cleared options volume is 29,062,585 contracts. Futures: Total futures cleared contract volume was 3,529,732, a 32.2 percent decrease from November 2019. OCC's year-to-date average daily cleared futures volume is 232,621 contracts. Securities Lending: The average daily loan value at OCC in November 2020 was $86,538,948,248, a 11.5 percent increase compared to November 2019. Securities lending CCP activity increased by 14.4 percent in new loans from November 2019 with 105,418 transactions last month. For 2020 monthly exchange market share information, click here. November 2020 Total Contract Volume November 2019 Total Contract Volume November Total Contract % Change vs 2019 YTD Avg Daily Contract 2020 YTD Avg Daily Contract 2019 % Change vs 2019 Equity Options 640,174,308 357,882,106 78.9% 27,206,312 17,518,400 55.3% Index Options 33,486,550 32,813,835 2.1% 1,856,273 1,906,109 -2.6% Total Options 673,660,858 390,695,941 72.4% 29,062,585 19,424,509 49.6% Futures 3,529,732 5,207,403 -32.2% 232,621 309,554 -24.9% Total Volume 677,190,590 395,903,344 71.0% 29,295,206 19,734,063 48.4% About OCC OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2020 Best Clearing House Equities by Markets Media for the third consecutive year, OCC now provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com. Copyright 2020. The Options Clearing Corporation. All rights reserved.
edtsum7959
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, Nov. 17, 2020 /PRNewswire/ -- The General meeting of ECN holders ofGIG CAPITAL UKby vote majority approved strategic choice of the company's management and voted in favor of the ECN conversion to the new structure under the umbrella brand of Global Success Management with the parent Canadian company-Unendo Water&Energy Inc, on the basis of which will formanew business ecosystem of the company. According to the data of thedepository, which monitored the voting process and the observance of the rights of participants of the meeting, voting began on a special online platform on November 4, 2020 at 7p.m.and ended at 10 a.m.the next day, giving to participants of the meeting the opportunity to use their voting rights in all time zones. According to the statement of independent auditors, the consolidated volume of assets of companies group is more than 1 billion euros. SOURCE GIG Capital Ltd Answer:
GIG Capital Ltd Announcement USA - English USA - English Espaa - espaol France - Franais Deutschland - Deutsch
LONDON, Nov. 17, 2020 /PRNewswire/ -- The General meeting of ECN holders ofGIG CAPITAL UKby vote majority approved strategic choice of the company's management and voted in favor of the ECN conversion to the new structure under the umbrella brand of Global Success Management with the parent Canadian company-Unendo Water&Energy Inc, on the basis of which will formanew business ecosystem of the company. According to the data of thedepository, which monitored the voting process and the observance of the rights of participants of the meeting, voting began on a special online platform on November 4, 2020 at 7p.m.and ended at 10 a.m.the next day, giving to participants of the meeting the opportunity to use their voting rights in all time zones. According to the statement of independent auditors, the consolidated volume of assets of companies group is more than 1 billion euros. SOURCE GIG Capital Ltd
edtsum7971
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--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced its fourth quarter and full year 2020 financial results. Fourth Quarter 2020 Highlights Full Year 2020 Highlights 1 See below for a reconciliation of non-GAAP financial measures to the most directly comparable U.S. GAAP measures The year 2020 represented an enormous test for the global Orion team and our business. We met the challenge with fortitude and resilience. Our team's disciplined adherence to our COVID-19 protocols resulted in no workplace transmissions. They were also nimble, improving customer response times while managing through demand swings. We advanced our ESG efforts by stepping up community support, upgrading co-generation, and increasing board independence and diversity. We successfully navigated 2020 and finished strong, with fourth quarter Adjusted EBITDA exceeding prior year levels and reflecting strong profitability levels. This performance was led by strong specialty volume trends and a solid quarter in our rubber business, said Corning Painter, Orions chief executive officer. Mr. Painter continued, When demand was low, we took the opportunity to invest in the reliability of our facilities to ensure that we emerge from this period a stronger company. Throughout the year, we also supported the communities we are privileged to operate within by donating materials to help with pandemic-related needs, and supporting those team members affected by hurricanes in the U.S. These actions in concert with advancing our sustainability strategy are core to our values. In 2021, we will maintain a focus on driving shareholder value through continuing to be responsive to our customers needs, advancing our sustainability business goals and investing in select, high-return strategic initiatives to bolster our short and longer-term earnings growth potential. Fourth Quarter 2020 Overview ORION ENGINEERED CARBONS ($ in millions, except per share data or stated otherwise) Q4 2020 Q4 2019 Y/Y Change in % Volume (kmt) 237.8 233.5 1.8 Net sales 315.7 322.4 (2.1) Income from Operations (EBIT) 25.6 32.6 (21.6) Net Income 8.9 19.0 (53.0) Contribution Margin 139.5 125.6 11.1 Contribution Margin per metric ton 586.8 538.0 9.1 Adjusted EBITDA 66.0 63.2 4.4 Basic EPS (1) $0.15 $0.32 $(0.17) Adjusted EPS (2) $0.40 $0.42 $(0.02) Notes: (1) Basic EPS calculated using Net Income and weighted number of shares outstanding in the respective quarter. (2) Adjusted EPS is calculated by dividing Adjusted Net Income by the weighted average number of shares outstanding in the respective quarter. Adjusted Net income excludes certain non-cash items such as foreign exchange rate impacts and long-term incentive plan expenses, and non-recurring items which we do not believe are indicative of our core operating performance such as restructuring and EPA-related expenses. The reconciliation of Adjusted EPS is provided in the Reconciliation of Non-GAAP Financial Measures of the Press Release. Volumes increased by 1.8%, year over year, on strong demand in the Specialty Carbon Black (Specialties) segment driven by the EMEA and Asia regions partially offset by lower Rubber Carbon Black (Rubber) volumes. Net sales declined by $6.7 million, or 2.1%, to $315.7 million, year over year, driven primarily by the effects of passing through lower feedstock costs to customers partially offset by increased volumes and base prices. Income from operations declined by $7.0 million, or 21.6%, to $25.6 million, year over year, primarily due to restructuring expenses partially offset by the continued recovery of end market demand and favorable product mix in the Specialties business. Restructuring costs reflected a higher reserve related to post closure costs associated with the site of our former rubber manufacturing facility in Ambes, France. Net Income declined $10.1 million to $8.9 million from $19.0 million in the fourth quarter of 2019 principally due to the combination of higher restructuring costs, foreign exchange, and pension-related costs, year over year. Contribution Margin improved by $13.9 million, or 11.1%, to $139.5 million, year over year, primarily driven by Specialties volume strength and higher Rubber base pricing partially offset by the effects of passing lower feedstock costs through to customers. Adjusted EBITDA increased by $2.8 million, or 4.4% to $66.0 million, year over year, primarily due to improvements in volumes and base pricing partially offset by higher fixed costs and the impact of lower feedstock costs. Quarterly Business Segment Results SPECIALTY CARBON BLACK ($ in millions, except per share data or stated otherwise) Q4 2020 Q4 2019 Y/Y Change in % Volume (kmt) 65.4 56.8 15.0 Net sales 127.4 114.8 11.0 Gross Profit 47.7 43.2 10.2 Gross Profit/metric ton 728.9 760.7 (4.2) Adjusted EBITDA 38.9 31.8 22.4 Adjusted EBITDA/metric ton 594.8 559.0 6.4 Adjusted EBITDA Margin (%) 30.5 27.7 280bps Specialties volumes increased by 15.0%, year over year, primarily in EMEA and Asia, and rose 11.3%, sequentially, reflecting the continuation of a broad-based recovery across most end markets, with polymers particularly strong. Net sales improved by $12.7 million, or 11.0%, to $127.4 million, year over year, and rose 22.9% sequentially, driven by higher volumes and favorable product mix partially offset by the effects of lower feedstock costs passed through to customers. Specialty Adjusted EBITDA rose by $7.1 million, or 22.4%, to $38.9 million, year over year, and rose by $12.4 million, or 46.9%, sequentially, driven by improved volume and favorable mix, partially offset by higher fixed costs. RUBBER CARBON BLACK ($ in millions, except per share data or stated otherwise) Q4 2020 Q4 2019 Y/Y Change in % Volume (kmt) 172.4 176.7 (2.4) Net sales 188.3 207.7 (9.3) Gross Profit 41.4 45.8 (9.6) Gross Profit/metric ton 240.0 259.0 (7.3) Adjusted EBITDA 27.1 31.4 (13.8) Adjusted EBITDA/metric ton 157.0 177.8 (11.7) Adjusted EBITDA Margin (%) 14.4 15.1 (-70)bps Rubber Carbon Black volumes declined by 2.4%, year over year, primarily due to the continued global economic impact on demand from tire customers resulting from COVID-19. The year over year volume decline also includes the impact of our 2019 commercial strategy which emphasized raising price over volume. Net sales declined by $19.4 million, or 9.3%, to $188.3 million, year over year, primarily due to passing through lower feedstock costs to customers and, to a lesser extent, lower volumes, partially offset by base price increases. Rubber Adjusted EBITDA decreased by $4.3 million, or 13.8%, to $27.1 million, year over year, driven by higher fixed costs and the impact of lower feedstock costs. Balance Sheet and Liquidity As of December 31, 2020, the company had liquidity of $341.6 million, including cash and equivalents of $64.9 million, $236.5 million of our revolving credit facility capacity, including ancillary lines, and $40.2 million of capacity under other available credit lines. Net debt was $678.8 million and net leverage was 3.39x. Cash Flow Cash inflows from operating activities for the twelve months ended December 31, 2020 were $125.3 million, down $106.2 million, year over year, primarily driven by lower profitability levels. Cash outflows from investing activities for the twelve months ended December 31, 2020 were $144.9 million, down $10.9 million, year over year, driven by the timing of related payments and was comprised of capital investments to advance safety, continuity, sustainability and growth initiatives. Cash inflows from financing activities for the twelve months ended December 31, 2020 were $13.5 million, up $82.2 million, year over year, primarily driven by a net $26.8 million draw down on credit facilities and lower dividend payments. 2021 Outlook Mr. Painter concluded, Given the uncertainty regarding COVID-19, with vaccinations underway but also highly contagious strains emerging, we don't think it is appropriate to issue EBITDA guidance. Our 2021 planning scenario assumes that COVID-19 does not functionally end until 2022, with 2021 Specialty and Rubber volumes roughly resembling second-half 2020 run-rates. Most important to us is to always be improving our agility, to never sit still, but build on 2020 and push ourselves so we can respond even better to any demand scenario. Additional projected financial metrics for 2021 include shares outstanding of 60.6 million, an effective tax rate in the range of 30% to 31% and depreciation and amortization in the range of $95 to $100 million. Capital expenditures are expected to approximate $170 million, of which EPA related spending is expected to approximate $55 million and growth and productivity capital is expected to approximate $45 million. Conference Call As previously announced, Orion will hold a conference call tomorrow, Friday, February 19th 2020, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through February 27th, 2020: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13714486 Additionally, an archived webcast of the conference call will be available on the Investor Relations section of the companys website at www.orioncarbons.com, where we regularly post information including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves. About Orion Engineered Carbons Orion is a worldwide supplier of carbon black. We produce a broad range of carbon blacks that include high-performance specialty gas blacks, acetylene blacks, furnace blacks, lamp blacks, thermal blacks and other carbon blacks that tint, colorize and enhance the performance of polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, tires, and mechanical rubber goods such as automotive belts and hoses. Orion operates 14 global production sites and has approximately 1,425 employees worldwide. For more information, please visit our website www.orioncarbons.com Forward Looking Statements This document contains and refers to certain forward-looking statements with respect to our financial condition, results of operations and business, including those in the 2021 Outlook" and Quarterly Business Segment Results sections. These statements constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among others, statements concerning the potential exposure to market risks, statements expressing managements expectations, beliefs, estimates, forecasts, projections and assumptions and statements that are not limited to statements of historical or present facts or conditions. You should not place undue reliance on forward looking statements. Forward-looking statements are typically identified by words such as anticipate, "assume," assure, believe, confident, could, estimate, expect, intend, may, plan, objectives, outlook, probably, project, will, seek, target to be, and other words of similar meaning. These forward-looking statements include, without limitation, statements about the following matters: our strategies for (i) mitigating the impacts of the global outbreak of the coronavirus, (ii) strengthening our position in specialty carbon blacks and rubber carbon blacks, (iii) increasing our rubber carbon black margins and (iv) strengthening the competitiveness of our operations; the ability to pay dividends at historical dividend levels or at all; cash flow projections; the installation of pollution control technology in our U.S. manufacturing facilities pursuant to the EPA consent decree; the outcome of any in-progress, pending or possible litigation or regulatory proceedings; and our expectation that the markets we serve will continue to grow. All these forward-looking statements are based on estimates and assumptions that, although believed to be reasonable, are inherently uncertain. Therefore, undue reliance should not be placed upon any forward-looking statements. There are important factors that could cause actual results to differ materially from those contemplated by such forward-looking statements. These factors include, among others: the effects of the COVID-19 pandemic on our business and results of operations; negative or uncertain worldwide economic conditions; volatility and cyclicality in the industries in which we operate; operational risks inherent in chemicals manufacturing, including disruptions as a result of severe weather conditions and natural disasters; our dependence on major customers and suppliers; our ability to compete in the industries and markets in which we operate; our ability to address changes in the nature of future transportation and mobility concepts which may impact our customers and our business; our ability to develop new products and technologies successfully and the availability of substitutes for our products; our ability to implement our business strategies; volatility in the costs and availability of raw materials (including but not limited to any and all effects from restrictions imposed by the MARPOL convention and respective International Maritime Organization (IMO) regulations in particular to reduce sulfur oxides (SOx) emissions from ships) and energy; our ability to respond to changes in feedstock prices and quality; our ability to realize benefits from investments, joint ventures, acquisitions or alliances; our ability to realize benefits from planned plant capacity expansions and site development projects and the potential delays to such expansions and projects; information technology systems failures, network disruptions and breaches of data security; our relationships with our workforce, including negotiations with labor unions, strikes and work stoppages; our ability to recruit or retain key management and personnel; our exposure to political or country risks inherent in doing business in some countries; geopolitical events in the European Union, and in particular the ultimate future relations between the European Union and the United Kingdom resulting from the Brexit which may impact the Euro; environmental, health and safety regulations, including nanomaterial and greenhouse gas emissions regulations, and the related costs of maintaining compliance and addressing liabilities; possible future investigations and enforcement actions by governmental or supranational agencies; our operations as a company in the chemical sector, including the related risks of leaks, fires and toxic releases; market and regulatory changes that may affect our ability to sell or otherwise benefit from co-generated energy; litigation or legal proceedings, including product liability and environmental claims; our ability to protect our intellectual property rights and know-how; our ability to generate the funds required to service our debt and finance our operations; fluctuations in foreign currency exchange and interest rates; the availability and efficiency of hedging; changes in international and local economic conditions, including with regard to the Euro, dislocations in credit and capital markets and inflation or deflation; potential impairments or write-offs of certain assets; required increases in our pension fund contributions; the adequacy of our insurance coverage; changes in our jurisdictional earnings mix or in the tax laws or accepted interpretations of tax laws in those jurisdictions; our indemnities to and from Evonik; challenges to our decisions and assumptions in assessing and complying with our tax obligations; and potential difficulty in obtaining or enforcing judgments or bringing actions against us in the United States. You should not place undue reliance on forward-looking statements. We present certain financial measures that are not prepared in accordance with U.S. GAAP or the accounting standards of any other jurisdiction and may not be comparable to other similarly titled measures of other companies. These non-U.S. GAAP measures are Contribution Margin, Contribution Margin per Metric Ton, Adjusted EBITDA, Adjusted EPS, Net Working Capital and Capital Expenditures. Adjusted EBITDA, Adjusted EPS, Contribution Margins and Net Working Capital are not measures of performance under U.S. GAAP and should not be considered in isolation or construed as substitutes for net sales, consolidated profit (loss) for the period, operating result (EBIT), gross profit or other U.S. GAAP measures as an indicator of our operations in accordance with U.S. GAAP. For a reconciliation of these non-U.S. GAAP financial measures to the most directly comparable U.S. GAAP measures, see Appendix. Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include those factors detailed under the captions Note Regarding Forward-Looking Statements and Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2019 and in Note R. to our audited consolidated financial statements regarding contingent liabilities, including litigation. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. New risk factors and uncertainties emerge from time to time and it is not possible for our management to predict all risk factors and uncertainties, nor can we assess the impact of all 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. We undertake no obligation to publicly update or revise any forward-looking statement - including those in the 2021 Outlook and Quarterly Business Segment Results sections - as a result of new information, future events or other information, other than as required by applicable law. Reconciliation of Non-GAAP Financial Measures In this release we refer to Adjusted EBITDA, Contribution Margin, Adjusted Net Income/(Loss) and Adjusted EPS, which are financial measures that have not been prepared in accordance with U.S. GAAP or the accounting standards of any other jurisdiction and may not be comparable to other similarly titled measures of other companies. We refer to these measures as non-GAAP financial measures. Adjusted EBITDA is defined as operating result (EBIT) before depreciation and amortization, adjusted for acquisition related expenses, restructuring expenses, consulting fees related to group strategy, share of profit or loss of joint venture and certain other items. Adjusted EBITDA is used by our management to evaluate our operating performance and make decisions regarding allocation of capital because it excludes the effects of certain items that have less bearing on the performance of our underlying core business. Our use of Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our financial results as reported under U.S. GAAP. Some of these limitations are: (a) although Adjusted EBITDA excludes the impact of depreciation and amortization, the assets being depreciated and amortized may have to be replaced in the future and thus the cost of replacing assets or acquiring new assets, which will affect our operating results over time, is not reflected; (b) Adjusted EBITDA does not reflect interest or certain other costs that we will continue to incur over time and will adversely affect our profit or loss, which is the ultimate measure of our financial performance and (c) other companies, including companies in our industry, may calculate Adjusted EBITDA or similarly titled measures differently. Because of these and other limitations, you should consider Adjusted EBITDA alongside our other U.S. GAAP-based financial performance measures, such as consolidated profit or loss for the period. Contribution Margin is calculated by subtracting variable costs (such as raw materials, packaging, utilities and distribution costs) from our net sales. We believe that Contribution Margin and Contribution Margin per Metric Ton are useful because we see these measures as indicating the portion of net sales that is not consumed by such variable costs and therefore contributes to the coverage of all other costs and profits. Adjusted Net Income/(Loss) is defined as profit or loss for the period adjusted for acquisition related expenses, restructuring expenses, consulting fees related to group strategy, certain other items (such as amortization expenses related to intangible assets acquired from our predecessor and foreign currency revaluation impacts) and assumed taxes and Adjusted EPS is defined as Adjusted Net Income divided by the weighted number of shares outstanding. Adjusted Net Income/(Loss) and Adjusted EPS provide guidance with respect to our underlying business performance without regard to the effects of (a) foreign currency fluctuations, (b) the amortization of intangible assets which other companies may record as goodwill having an indefinite lifetime and thus no amortization and (c) our start-up and initial public offering costs. Other companies may use a similarly titled financial measure that is calculated differently from the way we calculate Adjusted Net Income/(Loss) and Adjusted EPS. We define Net Working Capital as the total of inventories and current trade receivables, less trade payables. Net Working Capital is as well a non-GAAP financial measure, and other companies may use a similarly titled financial measure that is calculated differently from the way we calculate Net Working Capital. We have not provided a reconciliation of forward-looking Adjusted EBITDA to the most comparable GAAP measure of net income. Providing net income guidance is potentially misleading and not practical given the difficulty of projecting event-driven transactions and other non-core operating items that are included in net income. Reconciliations of this non-GAAP measure with the most comparable GAAP measure for historic periods are indicative of the reconciliation that will be presented upon completion of the periods covered by the non-GAAP guidance. The following tables present a reconciliation of each of Adjusted EBITDA and Adjusted EPS to the most directly comparable GAAP measure: Reconciliation of profit or (loss) Fourth Quarter Fiscal Year (In thousands) 2020 2019 2020 2019 Net income $ 8,906 $ 18,965 $ 18,156 $ 86,920 Add back income tax expense 4,126 6,701 8,132 33,216 Add back equity in earnings of affiliated companies, net of tax (67 ) (134 ) (493 ) (558 ) Income from operations before income taxes and equity in earnings of affiliated companies 12,966 25,533 25,795 119,579 Add back interest and other financial expense, net 10,014 7,063 38,671 27,572 Reclassification of actuarial losses from AOCI 2,591 9,916 Earnings before income taxes and finance income/costs 25,571 32,596 74,382 147,151 Add back depreciation, amortization and impairment of intangible assets and property, plant and equipment 26,805 25,223 96,526 96,713 EBITDA 52,375 57,818 170,908 243,863 Equity in earnings of affiliated companies, net of tax 67 134 493 558 Restructuring expenses/(income)(1) 7,559 (205 ) 7,559 3,628 Consulting fees related to Company strategy (2) 449 1,280 Extraordinary expense items related to COVID-19 (3) 318 3,866 Long term incentive plan 3,191 2,301 4,434 9,438 EPA-related expenses 176 1,035 5,228 3,992 Other adjustments (4) 2,273 1,656 7,556 4,578 Adjusted EBITDA $ 65,959 $ 63,188 $ 200,043 $ 267,337 (1) Restructuring expenses for the periods ended December 31, 2020 and 2019 were related to the strategic restructuring of our worldwide Rubber footprint (2) Consulting fees related to the Orion strategy include external consulting for establishing and executing Company strategies relating to Rubber footprint realignment, conversion to U.S. dollar and U.S. GAAP, and costs relating to our assessment of feasibility for inclusion in certain U.S. indices. (3) Extraordinary expense items related to COVID-19 reflect costs incurred to address impacts associated with the global coronavirus pandemic. These items include select production costs, expenses related to providing personal protection equipment and costs related to protective measures carried out at our facilities to ensure the safety of our employees, among other expenditures. (4) Other adjustments (from items with less bearing on the underlying performance of the Companys core business) for the quarters ended December 31, 2020 and 2019 and periods ended December 31, 2020 and 2019 primarily relate to amounts of non-income tax expense incurred during the construction phase of an asset, disaster related preparedness costs and legal fees associated with a dispute concerning intellectual property. The following table reconciles Contribution Margin and Contribution Margin per Metric Ton to gross profit: unaudited (in millions, unless otherwise indicated) Fourth Quarter Year Ended Fiscal Year 2020 2019 2020 2019 Net Sales(1) $ 315.7 $ 322.4 $ 1,136.4 $ 1,476.4 Variable costs(2) (176.2 ) (196.8 ) (672.5 ) (935.7 ) Contribution margin 139.5 125.6 463.9 540.7 Freight 20.1 18.0 68.8 79.0 Fixed Costs(3) (70.6 ) (54.6 ) (240.4 ) (229.8 ) Gross profit (1) $ 89.0 $ 89.0 $ 292.3 $ 389.9 Volume (in kmt) 237.8 233.5 866.8 1,023.2 Contribution Margin per Metric Ton $ 586.8 $ 538.0 $ 535.1 $ 528.5 Gross Profit per Metric Ton $ 374.4 $ 381.1 $ 337.3 $ 380.9 (1) Separate line item in audited Consolidated Financial Statements. (2) Includes costs such as raw materials, packaging, utilities and distribution. (3) Includes costs such as depreciation, amortization and impairment of intangible assets and property, plant and equipment, personnel and other production related costs. Adjusted EPS Fourth Quarter Fiscal Year (In thousands, except per share amounts) 2020 2019 2020 2019 Net Income $ 8,906 $ 18,965 $ 18,156 $ 86,920 add back long term incentive plan expenses 3,191 2,301 4,434 9,438 add back restructuring income/expenses, net 7,559 (205 ) 7,559 3,628 add back consulting fees related to Company strategy 449 1,280 add back EPA-related expenses 176 1,035 5,228 3,992 add back extraordinary expense items related COVID-19 318 3,866 add back other adjustment items 2,273 1,656 7,556 4,578 add back reclassification of actuarial losses from AOCI 2,591 9,916 add back amortization 2,007 1,357 7,653 7,548 add back foreign exchange rate impacts 2,847 2,433 15,227 3,640 add back amortization of transaction costs 539 480 2,071 2,082 Tax effect on add back items at estimated tax rate (6,450 ) (2,852 ) (19,053 ) (10,856 ) Adjusted Net Income $ 23,957 $ 25,619 $ 62,612 $ 112,250 Total add back items $ 15,051 $ 6,654 $ 44,456 $ 25,330 Impact add back items per share $ 0.25 $ 0.10 $ 0.74 $ 0.42 Earnings per share (basic) $ 0.15 $ 0.32 $ 0.30 $ 1.45 Adjusted EPS $ 0.40 $ 0.42 $ 1.04 $ 1.87 Consolidated Statements of Operations of Orion Engineered Carbons S.A. for the three months and fiscal years ended December 31, 2020 and 2019 Three Months Ended December 31, Years Ended December 31, (In thousands, except per share amounts) 2020 2019 2020 2019 Net sales $ 315,692 $ 322,428 $ 1,136,383 $ 1,476,353 Cost of sales 226,662 233,440 844,034 1,086,644 Gross profit 89,030 88,987 292,348 389,708 Selling, general and administrative expenses 49,919 49,556 176,140 206,886 Research and development costs 3,444 5,038 20,201 19,874 Other expenses, net 2,537 2,002 14,066 12,169 Restructuring expenses 7,559 (205 ) 7,559 3,628 Income from operations 25,571 32,596 74,382 147,151 Interest and other financial expense, net 10,014 7,063 38,671 27,572 Reclassification of actuarial losses from AOCI 2,591 9,916 Income from operations before income tax expense and equity in earnings of affiliated companies 12,966 25,533 25,795 119,579 Income tax expense 4,126 6,701 8,132 33,216 Equity in earnings of affiliated companies, net of tax 67 134 493 558 Net income $ 8,906 $ 18,965 $ 18,156 $ 86,920 Weighted-average shares outstanding (in thousands of shares): Basic 60,487 60,221 60,430 59,986 Diluted 61,731 61,490 61,407 61,300 Earnings per share: Basic $ 0.15 $ 0.32 $ 0.30 $ 1.45 Diluted $ 0.15 $ 0.31 $ 0.30 $ 1.42 Consolidated Balance Sheets of Orion Engineered Carbons S.A. as at December 31, 2020 and 2019 December 31, (In thousands, except share amounts) 2020 2019 Current assets Cash and cash equivalents $ 64,869 $ 63,726 Accounts receivable, net of expected credit losses of $5,794 and 6,632 234,796 212,565 Other current financial assets 3,630 11,347 Inventories, net 141,461 164,799 Income tax receivables 11,249 17,924 Prepaid expenses and other current assets 44,452 37,358 Total current assets 500,456 507,718 Property, plant and equipment, net 610,530 534,054 Operating lease right-of-use assets 85,639 27,532 Goodwill 84,480 77,341 Intangible assets, net 46,772 50,596 Investment in equity method affiliates 5,637 5,232 Deferred income tax assets 52,563 48,720 Other financial assets 761 2,501 Other assets 2,956 3,701 Total non-current assets 889,337 749,676 Total assets $ 1,389,793 $ 1,257,394 Current liabilities Accounts payable $ 131,250 $ 156,298 Current portion of long term debt and other financial liabilities 82,618 36,410 Current portion of employee benefit plan obligation 1,118 908 Accrued liabilities 49,176 44,931 Income taxes payable 23,906 14,154 Other current liabilities 36,676 32,509 Total current liabilities 324,745 285,211 Long-term debt, net 655,826 630,261 Employee benefit plan obligation 83,310 71,901 Deferred income tax liabilities 38,770 43,308 Other liabilities 106,131 40,701 Total non-current liabilities 884,036 786,171 Commitments and contingencies Stockholders' equity Common stock Authorized: 65,035,579 and 65,035,579 shares with no par value Issued 60,992,259 and 60,729,289 shares with no par value Outstanding 60,487,117 and 60,224,147 shares 85,323 85,032 Less 505,142 and 505,142 shares of common treasury stock, at cost (8,515 ) (8,515 ) Additional paid-in capital 68,502 65,562 Retained earnings 84,407 78,296 Accumulated other comprehensive loss (48,705 ) (34,362 ) Total stockholders' equity 181,013 186,013 Total liabilities and stockholders' equity $ 1,389,793 $ 1,257,394 Consolidated Statements of Cash Flows of Orion Engineered Carbons S.A. Years Ended December 31, (In thousands) 2020 2019 2018 Cash flows from operating activities: Net income $ 18,156 $ 86,920 $ 121,310 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation of property, plant and equipment and amortization of intangible assets 96,526 96,713 98,156 Amortization of debt issuance costs 2,071 2,082 2,220 Share-based incentive compensation 4,434 9,438 13,919 Deferred tax (benefit)/provision (12,146 ) 15,826 (3,634 ) Foreign currency transactions (4,900 ) 1,052 2,782 Reclassification of actuarial losses from AOCI 9,916 Other operating non-cash items 118 1,813 1,165 Changes in operating assets and liabilities, net of effects of businesses acquired: (Increase)/decrease in trade receivables (16,501 ) 45,412 (39,680 ) (Increase)/decrease in inventories 29,951 16,413 (31,406 ) Increase/(decrease) in trade payables (18,732 ) (12,036 ) 5,444 Increase/(decrease) in provisions 2,308 (10,375 ) (4,427 ) Increase/(decrease) in tax liabilities 16,398 (7,254 ) 4,843 Increase/(decrease) in other assets and liabilities (2,320 ) (14,497 ) (48,707 ) Net cash provided by operating activities $ 125,278 $ 231,507 $ 121,985 Cash flows from investing activities: Cash paid for the acquisition of intangible assets and property, plant and equipment $ (144,939 ) $ (155,848 ) $ (116,157 ) Acquisition of businesses, net of cash and cash equivalents acquired (36,571 ) Cash received from the disposal of intangible assets and property, plant and equipment 64,672 Net cash used in investing activities $ (144,939 ) $ (155,848 ) $ (88,056 ) Cash flows from financing activities: Payments for debt issue costs (1,721 ) (741 ) Repayments of long-term debt (8,190 ) (8,036 ) (8,288 ) Cash inflows related to current financial liabilities 206,076 96,956 48,963 Cash outflows related to current financial liabilities (171,095 ) (101,303 ) (26,370 ) Dividends paid to shareholders (12,045 ) (48,033 ) (47,665 ) Repurchase of common stock (4,926 ) Taxes paid for shares issued under net settlement feature (1,202 ) (6,475 ) (4,741 ) Net cash from (used in) financing activities $ 13,543 $ (68,612 ) $ (43,768 ) Increase (decrease) in cash, cash equivalents and restricted cash $ (6,118 ) $ 7,047 $ (9,839 ) Cash, cash equivalents and restricted cash at the beginning of the period 68,231 61,604 75,213 Effect of exchange rate changes on cash 5,753 (420 ) (3,770 ) Cash, cash equivalents and restricted cash at the end of the period $ 67,865 $ 68,231 $ 61,604 Less restricted cash at the end of the period 2,996 4,505 4,588 Cash and cash equivalents at the end of the period $ 64,869 $ 63,726 $ 57,016 Cash paid for interest, net $ (20,769 ) $ (20,399 ) $ (24,367 ) Cash paid for income taxes $ (7,930 ) $ (24,106 ) $ (60,228 ) Supplemental disclosure of non-cash activity: Liabilities under build-to-suit lease $ $ $ 28,657 Liabilities for leasing - current $ 14,005 $ 6,254 $ Liabilities for leasing - non-current $ 52,593 $ 26,280 $ The accompanying notes are an integral part of these consolidated financial statements. Answer:
Orion Engineered Carbons S.A. Announces Fourth Quarter and Full Year 2020 Financial Results
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced its fourth quarter and full year 2020 financial results. Fourth Quarter 2020 Highlights Full Year 2020 Highlights 1 See below for a reconciliation of non-GAAP financial measures to the most directly comparable U.S. GAAP measures The year 2020 represented an enormous test for the global Orion team and our business. We met the challenge with fortitude and resilience. Our team's disciplined adherence to our COVID-19 protocols resulted in no workplace transmissions. They were also nimble, improving customer response times while managing through demand swings. We advanced our ESG efforts by stepping up community support, upgrading co-generation, and increasing board independence and diversity. We successfully navigated 2020 and finished strong, with fourth quarter Adjusted EBITDA exceeding prior year levels and reflecting strong profitability levels. This performance was led by strong specialty volume trends and a solid quarter in our rubber business, said Corning Painter, Orions chief executive officer. Mr. Painter continued, When demand was low, we took the opportunity to invest in the reliability of our facilities to ensure that we emerge from this period a stronger company. Throughout the year, we also supported the communities we are privileged to operate within by donating materials to help with pandemic-related needs, and supporting those team members affected by hurricanes in the U.S. These actions in concert with advancing our sustainability strategy are core to our values. In 2021, we will maintain a focus on driving shareholder value through continuing to be responsive to our customers needs, advancing our sustainability business goals and investing in select, high-return strategic initiatives to bolster our short and longer-term earnings growth potential. Fourth Quarter 2020 Overview ORION ENGINEERED CARBONS ($ in millions, except per share data or stated otherwise) Q4 2020 Q4 2019 Y/Y Change in % Volume (kmt) 237.8 233.5 1.8 Net sales 315.7 322.4 (2.1) Income from Operations (EBIT) 25.6 32.6 (21.6) Net Income 8.9 19.0 (53.0) Contribution Margin 139.5 125.6 11.1 Contribution Margin per metric ton 586.8 538.0 9.1 Adjusted EBITDA 66.0 63.2 4.4 Basic EPS (1) $0.15 $0.32 $(0.17) Adjusted EPS (2) $0.40 $0.42 $(0.02) Notes: (1) Basic EPS calculated using Net Income and weighted number of shares outstanding in the respective quarter. (2) Adjusted EPS is calculated by dividing Adjusted Net Income by the weighted average number of shares outstanding in the respective quarter. Adjusted Net income excludes certain non-cash items such as foreign exchange rate impacts and long-term incentive plan expenses, and non-recurring items which we do not believe are indicative of our core operating performance such as restructuring and EPA-related expenses. The reconciliation of Adjusted EPS is provided in the Reconciliation of Non-GAAP Financial Measures of the Press Release. Volumes increased by 1.8%, year over year, on strong demand in the Specialty Carbon Black (Specialties) segment driven by the EMEA and Asia regions partially offset by lower Rubber Carbon Black (Rubber) volumes. Net sales declined by $6.7 million, or 2.1%, to $315.7 million, year over year, driven primarily by the effects of passing through lower feedstock costs to customers partially offset by increased volumes and base prices. Income from operations declined by $7.0 million, or 21.6%, to $25.6 million, year over year, primarily due to restructuring expenses partially offset by the continued recovery of end market demand and favorable product mix in the Specialties business. Restructuring costs reflected a higher reserve related to post closure costs associated with the site of our former rubber manufacturing facility in Ambes, France. Net Income declined $10.1 million to $8.9 million from $19.0 million in the fourth quarter of 2019 principally due to the combination of higher restructuring costs, foreign exchange, and pension-related costs, year over year. Contribution Margin improved by $13.9 million, or 11.1%, to $139.5 million, year over year, primarily driven by Specialties volume strength and higher Rubber base pricing partially offset by the effects of passing lower feedstock costs through to customers. Adjusted EBITDA increased by $2.8 million, or 4.4% to $66.0 million, year over year, primarily due to improvements in volumes and base pricing partially offset by higher fixed costs and the impact of lower feedstock costs. Quarterly Business Segment Results SPECIALTY CARBON BLACK ($ in millions, except per share data or stated otherwise) Q4 2020 Q4 2019 Y/Y Change in % Volume (kmt) 65.4 56.8 15.0 Net sales 127.4 114.8 11.0 Gross Profit 47.7 43.2 10.2 Gross Profit/metric ton 728.9 760.7 (4.2) Adjusted EBITDA 38.9 31.8 22.4 Adjusted EBITDA/metric ton 594.8 559.0 6.4 Adjusted EBITDA Margin (%) 30.5 27.7 280bps Specialties volumes increased by 15.0%, year over year, primarily in EMEA and Asia, and rose 11.3%, sequentially, reflecting the continuation of a broad-based recovery across most end markets, with polymers particularly strong. Net sales improved by $12.7 million, or 11.0%, to $127.4 million, year over year, and rose 22.9% sequentially, driven by higher volumes and favorable product mix partially offset by the effects of lower feedstock costs passed through to customers. Specialty Adjusted EBITDA rose by $7.1 million, or 22.4%, to $38.9 million, year over year, and rose by $12.4 million, or 46.9%, sequentially, driven by improved volume and favorable mix, partially offset by higher fixed costs. RUBBER CARBON BLACK ($ in millions, except per share data or stated otherwise) Q4 2020 Q4 2019 Y/Y Change in % Volume (kmt) 172.4 176.7 (2.4) Net sales 188.3 207.7 (9.3) Gross Profit 41.4 45.8 (9.6) Gross Profit/metric ton 240.0 259.0 (7.3) Adjusted EBITDA 27.1 31.4 (13.8) Adjusted EBITDA/metric ton 157.0 177.8 (11.7) Adjusted EBITDA Margin (%) 14.4 15.1 (-70)bps Rubber Carbon Black volumes declined by 2.4%, year over year, primarily due to the continued global economic impact on demand from tire customers resulting from COVID-19. The year over year volume decline also includes the impact of our 2019 commercial strategy which emphasized raising price over volume. Net sales declined by $19.4 million, or 9.3%, to $188.3 million, year over year, primarily due to passing through lower feedstock costs to customers and, to a lesser extent, lower volumes, partially offset by base price increases. Rubber Adjusted EBITDA decreased by $4.3 million, or 13.8%, to $27.1 million, year over year, driven by higher fixed costs and the impact of lower feedstock costs. Balance Sheet and Liquidity As of December 31, 2020, the company had liquidity of $341.6 million, including cash and equivalents of $64.9 million, $236.5 million of our revolving credit facility capacity, including ancillary lines, and $40.2 million of capacity under other available credit lines. Net debt was $678.8 million and net leverage was 3.39x. Cash Flow Cash inflows from operating activities for the twelve months ended December 31, 2020 were $125.3 million, down $106.2 million, year over year, primarily driven by lower profitability levels. Cash outflows from investing activities for the twelve months ended December 31, 2020 were $144.9 million, down $10.9 million, year over year, driven by the timing of related payments and was comprised of capital investments to advance safety, continuity, sustainability and growth initiatives. Cash inflows from financing activities for the twelve months ended December 31, 2020 were $13.5 million, up $82.2 million, year over year, primarily driven by a net $26.8 million draw down on credit facilities and lower dividend payments. 2021 Outlook Mr. Painter concluded, Given the uncertainty regarding COVID-19, with vaccinations underway but also highly contagious strains emerging, we don't think it is appropriate to issue EBITDA guidance. Our 2021 planning scenario assumes that COVID-19 does not functionally end until 2022, with 2021 Specialty and Rubber volumes roughly resembling second-half 2020 run-rates. Most important to us is to always be improving our agility, to never sit still, but build on 2020 and push ourselves so we can respond even better to any demand scenario. Additional projected financial metrics for 2021 include shares outstanding of 60.6 million, an effective tax rate in the range of 30% to 31% and depreciation and amortization in the range of $95 to $100 million. Capital expenditures are expected to approximate $170 million, of which EPA related spending is expected to approximate $55 million and growth and productivity capital is expected to approximate $45 million. Conference Call As previously announced, Orion will hold a conference call tomorrow, Friday, February 19th 2020, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through February 27th, 2020: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13714486 Additionally, an archived webcast of the conference call will be available on the Investor Relations section of the companys website at www.orioncarbons.com, where we regularly post information including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves. About Orion Engineered Carbons Orion is a worldwide supplier of carbon black. We produce a broad range of carbon blacks that include high-performance specialty gas blacks, acetylene blacks, furnace blacks, lamp blacks, thermal blacks and other carbon blacks that tint, colorize and enhance the performance of polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, tires, and mechanical rubber goods such as automotive belts and hoses. Orion operates 14 global production sites and has approximately 1,425 employees worldwide. For more information, please visit our website www.orioncarbons.com Forward Looking Statements This document contains and refers to certain forward-looking statements with respect to our financial condition, results of operations and business, including those in the 2021 Outlook" and Quarterly Business Segment Results sections. These statements constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among others, statements concerning the potential exposure to market risks, statements expressing managements expectations, beliefs, estimates, forecasts, projections and assumptions and statements that are not limited to statements of historical or present facts or conditions. You should not place undue reliance on forward looking statements. Forward-looking statements are typically identified by words such as anticipate, "assume," assure, believe, confident, could, estimate, expect, intend, may, plan, objectives, outlook, probably, project, will, seek, target to be, and other words of similar meaning. These forward-looking statements include, without limitation, statements about the following matters: our strategies for (i) mitigating the impacts of the global outbreak of the coronavirus, (ii) strengthening our position in specialty carbon blacks and rubber carbon blacks, (iii) increasing our rubber carbon black margins and (iv) strengthening the competitiveness of our operations; the ability to pay dividends at historical dividend levels or at all; cash flow projections; the installation of pollution control technology in our U.S. manufacturing facilities pursuant to the EPA consent decree; the outcome of any in-progress, pending or possible litigation or regulatory proceedings; and our expectation that the markets we serve will continue to grow. All these forward-looking statements are based on estimates and assumptions that, although believed to be reasonable, are inherently uncertain. Therefore, undue reliance should not be placed upon any forward-looking statements. There are important factors that could cause actual results to differ materially from those contemplated by such forward-looking statements. These factors include, among others: the effects of the COVID-19 pandemic on our business and results of operations; negative or uncertain worldwide economic conditions; volatility and cyclicality in the industries in which we operate; operational risks inherent in chemicals manufacturing, including disruptions as a result of severe weather conditions and natural disasters; our dependence on major customers and suppliers; our ability to compete in the industries and markets in which we operate; our ability to address changes in the nature of future transportation and mobility concepts which may impact our customers and our business; our ability to develop new products and technologies successfully and the availability of substitutes for our products; our ability to implement our business strategies; volatility in the costs and availability of raw materials (including but not limited to any and all effects from restrictions imposed by the MARPOL convention and respective International Maritime Organization (IMO) regulations in particular to reduce sulfur oxides (SOx) emissions from ships) and energy; our ability to respond to changes in feedstock prices and quality; our ability to realize benefits from investments, joint ventures, acquisitions or alliances; our ability to realize benefits from planned plant capacity expansions and site development projects and the potential delays to such expansions and projects; information technology systems failures, network disruptions and breaches of data security; our relationships with our workforce, including negotiations with labor unions, strikes and work stoppages; our ability to recruit or retain key management and personnel; our exposure to political or country risks inherent in doing business in some countries; geopolitical events in the European Union, and in particular the ultimate future relations between the European Union and the United Kingdom resulting from the Brexit which may impact the Euro; environmental, health and safety regulations, including nanomaterial and greenhouse gas emissions regulations, and the related costs of maintaining compliance and addressing liabilities; possible future investigations and enforcement actions by governmental or supranational agencies; our operations as a company in the chemical sector, including the related risks of leaks, fires and toxic releases; market and regulatory changes that may affect our ability to sell or otherwise benefit from co-generated energy; litigation or legal proceedings, including product liability and environmental claims; our ability to protect our intellectual property rights and know-how; our ability to generate the funds required to service our debt and finance our operations; fluctuations in foreign currency exchange and interest rates; the availability and efficiency of hedging; changes in international and local economic conditions, including with regard to the Euro, dislocations in credit and capital markets and inflation or deflation; potential impairments or write-offs of certain assets; required increases in our pension fund contributions; the adequacy of our insurance coverage; changes in our jurisdictional earnings mix or in the tax laws or accepted interpretations of tax laws in those jurisdictions; our indemnities to and from Evonik; challenges to our decisions and assumptions in assessing and complying with our tax obligations; and potential difficulty in obtaining or enforcing judgments or bringing actions against us in the United States. You should not place undue reliance on forward-looking statements. We present certain financial measures that are not prepared in accordance with U.S. GAAP or the accounting standards of any other jurisdiction and may not be comparable to other similarly titled measures of other companies. These non-U.S. GAAP measures are Contribution Margin, Contribution Margin per Metric Ton, Adjusted EBITDA, Adjusted EPS, Net Working Capital and Capital Expenditures. Adjusted EBITDA, Adjusted EPS, Contribution Margins and Net Working Capital are not measures of performance under U.S. GAAP and should not be considered in isolation or construed as substitutes for net sales, consolidated profit (loss) for the period, operating result (EBIT), gross profit or other U.S. GAAP measures as an indicator of our operations in accordance with U.S. GAAP. For a reconciliation of these non-U.S. GAAP financial measures to the most directly comparable U.S. GAAP measures, see Appendix. Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include those factors detailed under the captions Note Regarding Forward-Looking Statements and Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2019 and in Note R. to our audited consolidated financial statements regarding contingent liabilities, including litigation. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. New risk factors and uncertainties emerge from time to time and it is not possible for our management to predict all risk factors and uncertainties, nor can we assess the impact of all 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. We undertake no obligation to publicly update or revise any forward-looking statement - including those in the 2021 Outlook and Quarterly Business Segment Results sections - as a result of new information, future events or other information, other than as required by applicable law. Reconciliation of Non-GAAP Financial Measures In this release we refer to Adjusted EBITDA, Contribution Margin, Adjusted Net Income/(Loss) and Adjusted EPS, which are financial measures that have not been prepared in accordance with U.S. GAAP or the accounting standards of any other jurisdiction and may not be comparable to other similarly titled measures of other companies. We refer to these measures as non-GAAP financial measures. Adjusted EBITDA is defined as operating result (EBIT) before depreciation and amortization, adjusted for acquisition related expenses, restructuring expenses, consulting fees related to group strategy, share of profit or loss of joint venture and certain other items. Adjusted EBITDA is used by our management to evaluate our operating performance and make decisions regarding allocation of capital because it excludes the effects of certain items that have less bearing on the performance of our underlying core business. Our use of Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our financial results as reported under U.S. GAAP. Some of these limitations are: (a) although Adjusted EBITDA excludes the impact of depreciation and amortization, the assets being depreciated and amortized may have to be replaced in the future and thus the cost of replacing assets or acquiring new assets, which will affect our operating results over time, is not reflected; (b) Adjusted EBITDA does not reflect interest or certain other costs that we will continue to incur over time and will adversely affect our profit or loss, which is the ultimate measure of our financial performance and (c) other companies, including companies in our industry, may calculate Adjusted EBITDA or similarly titled measures differently. Because of these and other limitations, you should consider Adjusted EBITDA alongside our other U.S. GAAP-based financial performance measures, such as consolidated profit or loss for the period. Contribution Margin is calculated by subtracting variable costs (such as raw materials, packaging, utilities and distribution costs) from our net sales. We believe that Contribution Margin and Contribution Margin per Metric Ton are useful because we see these measures as indicating the portion of net sales that is not consumed by such variable costs and therefore contributes to the coverage of all other costs and profits. Adjusted Net Income/(Loss) is defined as profit or loss for the period adjusted for acquisition related expenses, restructuring expenses, consulting fees related to group strategy, certain other items (such as amortization expenses related to intangible assets acquired from our predecessor and foreign currency revaluation impacts) and assumed taxes and Adjusted EPS is defined as Adjusted Net Income divided by the weighted number of shares outstanding. Adjusted Net Income/(Loss) and Adjusted EPS provide guidance with respect to our underlying business performance without regard to the effects of (a) foreign currency fluctuations, (b) the amortization of intangible assets which other companies may record as goodwill having an indefinite lifetime and thus no amortization and (c) our start-up and initial public offering costs. Other companies may use a similarly titled financial measure that is calculated differently from the way we calculate Adjusted Net Income/(Loss) and Adjusted EPS. We define Net Working Capital as the total of inventories and current trade receivables, less trade payables. Net Working Capital is as well a non-GAAP financial measure, and other companies may use a similarly titled financial measure that is calculated differently from the way we calculate Net Working Capital. We have not provided a reconciliation of forward-looking Adjusted EBITDA to the most comparable GAAP measure of net income. Providing net income guidance is potentially misleading and not practical given the difficulty of projecting event-driven transactions and other non-core operating items that are included in net income. Reconciliations of this non-GAAP measure with the most comparable GAAP measure for historic periods are indicative of the reconciliation that will be presented upon completion of the periods covered by the non-GAAP guidance. The following tables present a reconciliation of each of Adjusted EBITDA and Adjusted EPS to the most directly comparable GAAP measure: Reconciliation of profit or (loss) Fourth Quarter Fiscal Year (In thousands) 2020 2019 2020 2019 Net income $ 8,906 $ 18,965 $ 18,156 $ 86,920 Add back income tax expense 4,126 6,701 8,132 33,216 Add back equity in earnings of affiliated companies, net of tax (67 ) (134 ) (493 ) (558 ) Income from operations before income taxes and equity in earnings of affiliated companies 12,966 25,533 25,795 119,579 Add back interest and other financial expense, net 10,014 7,063 38,671 27,572 Reclassification of actuarial losses from AOCI 2,591 9,916 Earnings before income taxes and finance income/costs 25,571 32,596 74,382 147,151 Add back depreciation, amortization and impairment of intangible assets and property, plant and equipment 26,805 25,223 96,526 96,713 EBITDA 52,375 57,818 170,908 243,863 Equity in earnings of affiliated companies, net of tax 67 134 493 558 Restructuring expenses/(income)(1) 7,559 (205 ) 7,559 3,628 Consulting fees related to Company strategy (2) 449 1,280 Extraordinary expense items related to COVID-19 (3) 318 3,866 Long term incentive plan 3,191 2,301 4,434 9,438 EPA-related expenses 176 1,035 5,228 3,992 Other adjustments (4) 2,273 1,656 7,556 4,578 Adjusted EBITDA $ 65,959 $ 63,188 $ 200,043 $ 267,337 (1) Restructuring expenses for the periods ended December 31, 2020 and 2019 were related to the strategic restructuring of our worldwide Rubber footprint (2) Consulting fees related to the Orion strategy include external consulting for establishing and executing Company strategies relating to Rubber footprint realignment, conversion to U.S. dollar and U.S. GAAP, and costs relating to our assessment of feasibility for inclusion in certain U.S. indices. (3) Extraordinary expense items related to COVID-19 reflect costs incurred to address impacts associated with the global coronavirus pandemic. These items include select production costs, expenses related to providing personal protection equipment and costs related to protective measures carried out at our facilities to ensure the safety of our employees, among other expenditures. (4) Other adjustments (from items with less bearing on the underlying performance of the Companys core business) for the quarters ended December 31, 2020 and 2019 and periods ended December 31, 2020 and 2019 primarily relate to amounts of non-income tax expense incurred during the construction phase of an asset, disaster related preparedness costs and legal fees associated with a dispute concerning intellectual property. The following table reconciles Contribution Margin and Contribution Margin per Metric Ton to gross profit: unaudited (in millions, unless otherwise indicated) Fourth Quarter Year Ended Fiscal Year 2020 2019 2020 2019 Net Sales(1) $ 315.7 $ 322.4 $ 1,136.4 $ 1,476.4 Variable costs(2) (176.2 ) (196.8 ) (672.5 ) (935.7 ) Contribution margin 139.5 125.6 463.9 540.7 Freight 20.1 18.0 68.8 79.0 Fixed Costs(3) (70.6 ) (54.6 ) (240.4 ) (229.8 ) Gross profit (1) $ 89.0 $ 89.0 $ 292.3 $ 389.9 Volume (in kmt) 237.8 233.5 866.8 1,023.2 Contribution Margin per Metric Ton $ 586.8 $ 538.0 $ 535.1 $ 528.5 Gross Profit per Metric Ton $ 374.4 $ 381.1 $ 337.3 $ 380.9 (1) Separate line item in audited Consolidated Financial Statements. (2) Includes costs such as raw materials, packaging, utilities and distribution. (3) Includes costs such as depreciation, amortization and impairment of intangible assets and property, plant and equipment, personnel and other production related costs. Adjusted EPS Fourth Quarter Fiscal Year (In thousands, except per share amounts) 2020 2019 2020 2019 Net Income $ 8,906 $ 18,965 $ 18,156 $ 86,920 add back long term incentive plan expenses 3,191 2,301 4,434 9,438 add back restructuring income/expenses, net 7,559 (205 ) 7,559 3,628 add back consulting fees related to Company strategy 449 1,280 add back EPA-related expenses 176 1,035 5,228 3,992 add back extraordinary expense items related COVID-19 318 3,866 add back other adjustment items 2,273 1,656 7,556 4,578 add back reclassification of actuarial losses from AOCI 2,591 9,916 add back amortization 2,007 1,357 7,653 7,548 add back foreign exchange rate impacts 2,847 2,433 15,227 3,640 add back amortization of transaction costs 539 480 2,071 2,082 Tax effect on add back items at estimated tax rate (6,450 ) (2,852 ) (19,053 ) (10,856 ) Adjusted Net Income $ 23,957 $ 25,619 $ 62,612 $ 112,250 Total add back items $ 15,051 $ 6,654 $ 44,456 $ 25,330 Impact add back items per share $ 0.25 $ 0.10 $ 0.74 $ 0.42 Earnings per share (basic) $ 0.15 $ 0.32 $ 0.30 $ 1.45 Adjusted EPS $ 0.40 $ 0.42 $ 1.04 $ 1.87 Consolidated Statements of Operations of Orion Engineered Carbons S.A. for the three months and fiscal years ended December 31, 2020 and 2019 Three Months Ended December 31, Years Ended December 31, (In thousands, except per share amounts) 2020 2019 2020 2019 Net sales $ 315,692 $ 322,428 $ 1,136,383 $ 1,476,353 Cost of sales 226,662 233,440 844,034 1,086,644 Gross profit 89,030 88,987 292,348 389,708 Selling, general and administrative expenses 49,919 49,556 176,140 206,886 Research and development costs 3,444 5,038 20,201 19,874 Other expenses, net 2,537 2,002 14,066 12,169 Restructuring expenses 7,559 (205 ) 7,559 3,628 Income from operations 25,571 32,596 74,382 147,151 Interest and other financial expense, net 10,014 7,063 38,671 27,572 Reclassification of actuarial losses from AOCI 2,591 9,916 Income from operations before income tax expense and equity in earnings of affiliated companies 12,966 25,533 25,795 119,579 Income tax expense 4,126 6,701 8,132 33,216 Equity in earnings of affiliated companies, net of tax 67 134 493 558 Net income $ 8,906 $ 18,965 $ 18,156 $ 86,920 Weighted-average shares outstanding (in thousands of shares): Basic 60,487 60,221 60,430 59,986 Diluted 61,731 61,490 61,407 61,300 Earnings per share: Basic $ 0.15 $ 0.32 $ 0.30 $ 1.45 Diluted $ 0.15 $ 0.31 $ 0.30 $ 1.42 Consolidated Balance Sheets of Orion Engineered Carbons S.A. as at December 31, 2020 and 2019 December 31, (In thousands, except share amounts) 2020 2019 Current assets Cash and cash equivalents $ 64,869 $ 63,726 Accounts receivable, net of expected credit losses of $5,794 and 6,632 234,796 212,565 Other current financial assets 3,630 11,347 Inventories, net 141,461 164,799 Income tax receivables 11,249 17,924 Prepaid expenses and other current assets 44,452 37,358 Total current assets 500,456 507,718 Property, plant and equipment, net 610,530 534,054 Operating lease right-of-use assets 85,639 27,532 Goodwill 84,480 77,341 Intangible assets, net 46,772 50,596 Investment in equity method affiliates 5,637 5,232 Deferred income tax assets 52,563 48,720 Other financial assets 761 2,501 Other assets 2,956 3,701 Total non-current assets 889,337 749,676 Total assets $ 1,389,793 $ 1,257,394 Current liabilities Accounts payable $ 131,250 $ 156,298 Current portion of long term debt and other financial liabilities 82,618 36,410 Current portion of employee benefit plan obligation 1,118 908 Accrued liabilities 49,176 44,931 Income taxes payable 23,906 14,154 Other current liabilities 36,676 32,509 Total current liabilities 324,745 285,211 Long-term debt, net 655,826 630,261 Employee benefit plan obligation 83,310 71,901 Deferred income tax liabilities 38,770 43,308 Other liabilities 106,131 40,701 Total non-current liabilities 884,036 786,171 Commitments and contingencies Stockholders' equity Common stock Authorized: 65,035,579 and 65,035,579 shares with no par value Issued 60,992,259 and 60,729,289 shares with no par value Outstanding 60,487,117 and 60,224,147 shares 85,323 85,032 Less 505,142 and 505,142 shares of common treasury stock, at cost (8,515 ) (8,515 ) Additional paid-in capital 68,502 65,562 Retained earnings 84,407 78,296 Accumulated other comprehensive loss (48,705 ) (34,362 ) Total stockholders' equity 181,013 186,013 Total liabilities and stockholders' equity $ 1,389,793 $ 1,257,394 Consolidated Statements of Cash Flows of Orion Engineered Carbons S.A. Years Ended December 31, (In thousands) 2020 2019 2018 Cash flows from operating activities: Net income $ 18,156 $ 86,920 $ 121,310 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation of property, plant and equipment and amortization of intangible assets 96,526 96,713 98,156 Amortization of debt issuance costs 2,071 2,082 2,220 Share-based incentive compensation 4,434 9,438 13,919 Deferred tax (benefit)/provision (12,146 ) 15,826 (3,634 ) Foreign currency transactions (4,900 ) 1,052 2,782 Reclassification of actuarial losses from AOCI 9,916 Other operating non-cash items 118 1,813 1,165 Changes in operating assets and liabilities, net of effects of businesses acquired: (Increase)/decrease in trade receivables (16,501 ) 45,412 (39,680 ) (Increase)/decrease in inventories 29,951 16,413 (31,406 ) Increase/(decrease) in trade payables (18,732 ) (12,036 ) 5,444 Increase/(decrease) in provisions 2,308 (10,375 ) (4,427 ) Increase/(decrease) in tax liabilities 16,398 (7,254 ) 4,843 Increase/(decrease) in other assets and liabilities (2,320 ) (14,497 ) (48,707 ) Net cash provided by operating activities $ 125,278 $ 231,507 $ 121,985 Cash flows from investing activities: Cash paid for the acquisition of intangible assets and property, plant and equipment $ (144,939 ) $ (155,848 ) $ (116,157 ) Acquisition of businesses, net of cash and cash equivalents acquired (36,571 ) Cash received from the disposal of intangible assets and property, plant and equipment 64,672 Net cash used in investing activities $ (144,939 ) $ (155,848 ) $ (88,056 ) Cash flows from financing activities: Payments for debt issue costs (1,721 ) (741 ) Repayments of long-term debt (8,190 ) (8,036 ) (8,288 ) Cash inflows related to current financial liabilities 206,076 96,956 48,963 Cash outflows related to current financial liabilities (171,095 ) (101,303 ) (26,370 ) Dividends paid to shareholders (12,045 ) (48,033 ) (47,665 ) Repurchase of common stock (4,926 ) Taxes paid for shares issued under net settlement feature (1,202 ) (6,475 ) (4,741 ) Net cash from (used in) financing activities $ 13,543 $ (68,612 ) $ (43,768 ) Increase (decrease) in cash, cash equivalents and restricted cash $ (6,118 ) $ 7,047 $ (9,839 ) Cash, cash equivalents and restricted cash at the beginning of the period 68,231 61,604 75,213 Effect of exchange rate changes on cash 5,753 (420 ) (3,770 ) Cash, cash equivalents and restricted cash at the end of the period $ 67,865 $ 68,231 $ 61,604 Less restricted cash at the end of the period 2,996 4,505 4,588 Cash and cash equivalents at the end of the period $ 64,869 $ 63,726 $ 57,016 Cash paid for interest, net $ (20,769 ) $ (20,399 ) $ (24,367 ) Cash paid for income taxes $ (7,930 ) $ (24,106 ) $ (60,228 ) Supplemental disclosure of non-cash activity: Liabilities under build-to-suit lease $ $ $ 28,657 Liabilities for leasing - current $ 14,005 $ 6,254 $ Liabilities for leasing - non-current $ 52,593 $ 26,280 $ The accompanying notes are an integral part of these consolidated financial statements.
edtsum7975
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 22, 2021 /PRNewswire/ --On Wednesday, March 24that 3:00pm ET, 5WPR and Black PR Girl Magicare teaming up to host an honest, live, online conversation in honor of Women's History Month. Women leaders in PR and media will join together to discuss the challenges and victories on their paths to success. Dara A. Busch, 5WPR Consumer President, will moderate the panel discussion featuring Zozibini Tunzi, the reigning Miss Universe; Suejin Kim, Senior Vice President of Consumer Packaged Goods at 5WPR; Tahajah Samuels, Founder of Black PR Girl Magic; Ashley Barton, Vice President of Lifestyle at 5WPR; and Jen Ortiz, Deputy Editor at Cosmopolitan Magazine. Panelists will engage in an open conversation addressing what inspired them to pursue their career in PR or media, representation and equality within the industry, personal anecdotes, and advice for the next generation of female professionals. "We are thrilled to bring these strong women together for a raw and empowering conversation, as well as provide guidance for aspiring female leaders," said 5WPR President, Dara A. Busch. "It's inspiring to see this diverse group a prominent celebrity, a best-selling women's magazine editor, executives from a top PR firm, and the founder of a social community and digital platform dedicated solely to Black women all come together to celebrate their successes in recognition of Women's History Month." "It's an honor to partner with 5WPR on an impactful webinar featuring a dynamic group of women in public relations and media," shared Black PR Girl Magic founder, Tahajah Samuels. "Excited for a passionate conversation centered on women in the industry as we continue to celebrate and highlight all that we were, are and will be; and not just this month, at that." The ongoing partnership between 5WPR and Black PR Girl Magic launched in July 2020 with 5W inviting members of their community to join internal 5W University courses. The partnership has continued to expand with 5W recruiting members of the community to join the agency at a professional level, and additional events and initiatives to be announced this year. Register for the Women in PR & Media Webinar here. About 5W Public Relations5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 200 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and digital strategy. 5W brings leading businesses a resourceful, bold and results-driven approach to communication. 5W was awarded 2020 PR Agency of The Year and CEO Ronn Torossian, was named 2020 Entrepreneur of the Year by the American Business Awards. Media ContactRonn Torossian[emailprotected]/ 212-999-5585 SOURCE 5W Public Relations Answer:
5W Public Relations and Black PR Girl Magic Partner To Host "Celebrating and Empowering Women in PR & Media" in Honor of Women's History Month
NEW YORK, March 22, 2021 /PRNewswire/ --On Wednesday, March 24that 3:00pm ET, 5WPR and Black PR Girl Magicare teaming up to host an honest, live, online conversation in honor of Women's History Month. Women leaders in PR and media will join together to discuss the challenges and victories on their paths to success. Dara A. Busch, 5WPR Consumer President, will moderate the panel discussion featuring Zozibini Tunzi, the reigning Miss Universe; Suejin Kim, Senior Vice President of Consumer Packaged Goods at 5WPR; Tahajah Samuels, Founder of Black PR Girl Magic; Ashley Barton, Vice President of Lifestyle at 5WPR; and Jen Ortiz, Deputy Editor at Cosmopolitan Magazine. Panelists will engage in an open conversation addressing what inspired them to pursue their career in PR or media, representation and equality within the industry, personal anecdotes, and advice for the next generation of female professionals. "We are thrilled to bring these strong women together for a raw and empowering conversation, as well as provide guidance for aspiring female leaders," said 5WPR President, Dara A. Busch. "It's inspiring to see this diverse group a prominent celebrity, a best-selling women's magazine editor, executives from a top PR firm, and the founder of a social community and digital platform dedicated solely to Black women all come together to celebrate their successes in recognition of Women's History Month." "It's an honor to partner with 5WPR on an impactful webinar featuring a dynamic group of women in public relations and media," shared Black PR Girl Magic founder, Tahajah Samuels. "Excited for a passionate conversation centered on women in the industry as we continue to celebrate and highlight all that we were, are and will be; and not just this month, at that." The ongoing partnership between 5WPR and Black PR Girl Magic launched in July 2020 with 5W inviting members of their community to join internal 5W University courses. The partnership has continued to expand with 5W recruiting members of the community to join the agency at a professional level, and additional events and initiatives to be announced this year. Register for the Women in PR & Media Webinar here. About 5W Public Relations5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 200 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and digital strategy. 5W brings leading businesses a resourceful, bold and results-driven approach to communication. 5W was awarded 2020 PR Agency of The Year and CEO Ronn Torossian, was named 2020 Entrepreneur of the Year by the American Business Awards. Media ContactRonn Torossian[emailprotected]/ 212-999-5585 SOURCE 5W Public Relations
edtsum7977
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: SUNNYVALE, Calif.--(BUSINESS WIRE)--CrowdStrike Holdings, Inc. (Nasdaq: CRWD) today announced that it is scheduled to present at the following virtual investor conferences: UBS Global TMT Virtual Conference Tuesday, December 8, 2020 Presentation Time: 9:05 a.m. PST Barclays Global Technology, Media and Telecommunications Conference Wednesday, December 9, 2020 Presentation time: 10:30 a.m. PST The presentations will be webcast live and archived on CrowdStrikes investor relations website at ir.crowdstrike.com. About CrowdStrike Holdings CrowdStrike provides cloud-delivered endpoint and cloud workload protection. Leveraging artificial intelligence (AI), the CrowdStrike Falcon platform protects customers against cyberattacks on endpoints and workloads on or off the network by offering visibility and protection across the enterprise. 2020 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are among the trademarks of CrowdStrike, Inc. Answer:
CrowdStrike to Participate in Upcoming Investor Conferences
SUNNYVALE, Calif.--(BUSINESS WIRE)--CrowdStrike Holdings, Inc. (Nasdaq: CRWD) today announced that it is scheduled to present at the following virtual investor conferences: UBS Global TMT Virtual Conference Tuesday, December 8, 2020 Presentation Time: 9:05 a.m. PST Barclays Global Technology, Media and Telecommunications Conference Wednesday, December 9, 2020 Presentation time: 10:30 a.m. PST The presentations will be webcast live and archived on CrowdStrikes investor relations website at ir.crowdstrike.com. About CrowdStrike Holdings CrowdStrike provides cloud-delivered endpoint and cloud workload protection. Leveraging artificial intelligence (AI), the CrowdStrike Falcon platform protects customers against cyberattacks on endpoints and workloads on or off the network by offering visibility and protection across the enterprise. 2020 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are among the trademarks of CrowdStrike, Inc.
edtsum7979
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: ST. LOUIS, Aug. 5, 2020 /PRNewswire/ --New WestBred wheat varieties will offer growers an above-average combination of yield potential and protein, continuing to drive better-performing and higher-quality varieties for the U.S. wheat industry.Both WB4401 and WB4309 are new hard red winter varieties with key disease tolerances that will provide growers more options to help improve production and enhance profitability potential. Both varieties offer improved yield potential in their regional market fits. WB4309 in Hamil, South Dakota. WB4401 in Winfield, Kansas. Adapted for the Central Plains Region, WB4401 is a medium-maturing variety that offers excellent yield potential, test weight and end-use quality. WB4401 offers a strong disease tolerance package, including intermediate leaf and stripe rust tolerance, as well as good Fusarium Head Blight (Scab) tolerance. This line also offers excellent grazing potential and very good Hessian Fly tolerance. Shaun Ohlde grew WB4401 on his farm in Palmer, Kansas, and was pleased with its performance on dryland acreage."WB4401 is a new variety that looks to be rock-solid with great yield potential," said Ohlde. "It displays excellent tillering capacity for following soybeans and is an ideal maturity for our area. WB4401 provides us the complete disease package we need on our farm including fusarium head blight tolerance."Adapted for South Dakota and the southern half of North Dakota, WB4309 is amedium to early-maturing variety with the right balance of yield, protein and standability with very good test weight and milling and baking quality. WB4309 also offers a strong disease resistance package, including good Fusarium Head Blight (Scab) resistance and very good Yellow (Stripe) Rust resistance, and is broadly adapted for the Northern region.Jim Klebsch planted WB4309 last fall into standing wheat stubble, and although his wheat crop suffered through a hard spring freeze, this new variety handled the stress and performed well on his farm in Redfield, S.D."We saw really good stands and saw zero lodging with WB4309," said Klebsch. "It grew through some very tough conditions of several days in a row with temps in the 20s. Harvested in July, the yield was in the 82 to 83 bu/acre range and protein was about 13.4. So, for our environment, that is very good performance on dryland wheat. I could not find fault with this variety. It will be popular for planting for the 2021 season because it fits this region very well."WB4401 and WB4309 are available for planting for the 2021 crop season as certified seed only (CSO) varieties. Bred from new germplasm for higher yield and protein potential with stronge disease tolerance package and pest protection, these new varieties will be available in quality-tested planting seed. Interested growers should contact their WestBred technical product manager.About WestBred WestBred wheat provides seed suppliers and their growers access to the highest yield potential wheat seed, as well as testing, education, resources and experienced representatives to help maximize their yield potential.Contact: Al Fava [emailprotected] 901-491-5545SOURCE WestBred Related Links https://www.westbred.com Answer:
WestBred Launches New Winter Wheat Lines A balance of yield, protein and standability are highlights of the new releases.
ST. LOUIS, Aug. 5, 2020 /PRNewswire/ --New WestBred wheat varieties will offer growers an above-average combination of yield potential and protein, continuing to drive better-performing and higher-quality varieties for the U.S. wheat industry.Both WB4401 and WB4309 are new hard red winter varieties with key disease tolerances that will provide growers more options to help improve production and enhance profitability potential. Both varieties offer improved yield potential in their regional market fits. WB4309 in Hamil, South Dakota. WB4401 in Winfield, Kansas. Adapted for the Central Plains Region, WB4401 is a medium-maturing variety that offers excellent yield potential, test weight and end-use quality. WB4401 offers a strong disease tolerance package, including intermediate leaf and stripe rust tolerance, as well as good Fusarium Head Blight (Scab) tolerance. This line also offers excellent grazing potential and very good Hessian Fly tolerance. Shaun Ohlde grew WB4401 on his farm in Palmer, Kansas, and was pleased with its performance on dryland acreage."WB4401 is a new variety that looks to be rock-solid with great yield potential," said Ohlde. "It displays excellent tillering capacity for following soybeans and is an ideal maturity for our area. WB4401 provides us the complete disease package we need on our farm including fusarium head blight tolerance."Adapted for South Dakota and the southern half of North Dakota, WB4309 is amedium to early-maturing variety with the right balance of yield, protein and standability with very good test weight and milling and baking quality. WB4309 also offers a strong disease resistance package, including good Fusarium Head Blight (Scab) resistance and very good Yellow (Stripe) Rust resistance, and is broadly adapted for the Northern region.Jim Klebsch planted WB4309 last fall into standing wheat stubble, and although his wheat crop suffered through a hard spring freeze, this new variety handled the stress and performed well on his farm in Redfield, S.D."We saw really good stands and saw zero lodging with WB4309," said Klebsch. "It grew through some very tough conditions of several days in a row with temps in the 20s. Harvested in July, the yield was in the 82 to 83 bu/acre range and protein was about 13.4. So, for our environment, that is very good performance on dryland wheat. I could not find fault with this variety. It will be popular for planting for the 2021 season because it fits this region very well."WB4401 and WB4309 are available for planting for the 2021 crop season as certified seed only (CSO) varieties. Bred from new germplasm for higher yield and protein potential with stronge disease tolerance package and pest protection, these new varieties will be available in quality-tested planting seed. Interested growers should contact their WestBred technical product manager.About WestBred WestBred wheat provides seed suppliers and their growers access to the highest yield potential wheat seed, as well as testing, education, resources and experienced representatives to help maximize their yield potential.Contact: Al Fava [emailprotected] 901-491-5545SOURCE WestBred Related Links https://www.westbred.com
edtsum7981
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 24, 2020 /PRNewswire/ -- The major factors for the growth of the allergy treatment market include the increasing burden of various types of allergies, increased investment by the manufacturers on the development of novel allergic treatments and rising importance for self-medication. Read the full report: https://www.reportlinker.com/p05877827/?utm_source=PRN The rising cases of allergies are expected to increase the demand of allergy immunotherapy, leading to the high growth of the market over the forecast period. According to the International Study of Asthma and Allergies in Childhood (ISAAC), about 22.1% of young children aged between 13 and 14 years are affected by hay fever, which was globally published in World Allergy Week 2016 fact sheet. As per the data published by the American College of Allergy, Asthma & Immunology, allergies are the sixth leading cause of chronic illness in the United States, with an annual cost in excess of USD 18 billion, and more than 50 million Americans suffer from allergies each year. There is an increase in the number of people suffering from food allergies among both children and adults, globally. Hence, the increasing burden of allergic diseases is expected to aid the demand for allergy treatment.Key Market TrendsSubcutaneous Immunotherapy (SCIT) is Expected to Register a High Growth RateThe subcutaneous immunotherapy (SCIT), is the most commonly used and most effective form of allergy immunotherapy and it is the only treatment available that actually changes the immune system, making it possible to prevent the development of new allergies and asthma. The rising approval of immunotherapy is the major factor driving the growth of the market. For instance, recently, in 2018, one of the major market players, Stallergenes Greer received approval from the United States Food and Drug Administration (FDA) for the extension of the indication for Oralair, an allergy immunotherapy sublingual tablet, to treat patients ages 5 to 9 with grass pollen-induced allergic rhinitis. Furthermore, governments are taking initiatives to increase the awareness about allergies among the population, for instance recently, in January 2018, the Ministry and the Japanese Society of Allergology opened a dedicated website about allergies. Thus, owing to the rising burden of allergies and awareness among the population the market is expected to witness high growth.North America is Expected to Dominate the MarketAccording to an article by Ruchi Gupta et al. published in JAMA Network Open Journal, an estimated 10.8% were food allergic at the time of the survey, whereas nearly 19% of adults believed that they were food allergic. Nearly half of food-allergic adults had at least 1 adult-onset food allergy, and 38% reported at least 1 food allergy-related emergency department visit in their lifetime.This prevalence is very high. However, the United States has a very developed healthcare System. It also invests large amounts into research and development. Hence, US healthcare has the ability to provide treatment to nearly all of its popualtion. Hence the US allergy treatment market is expected to cover a large share of the market.Competitive LandscapeThe majority of the allergy treatment products are being manufactured by the global key players. The market leaders with more funds for research and better distribution system have established their position in the market. Moreover, Asia-pacific is witnessing an emergence of some small players due to the rise of awareness and this has also helped the market to grow.Reasons to Purchase this report:- The market estimate (ME) sheet in Excel format- 3 months of analyst supportRead the full report: https://www.reportlinker.com/p05877827/?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:
Allergy Treatment Market- Growth, Trends, and Forecast (2020 - 2025)
NEW YORK, March 24, 2020 /PRNewswire/ -- The major factors for the growth of the allergy treatment market include the increasing burden of various types of allergies, increased investment by the manufacturers on the development of novel allergic treatments and rising importance for self-medication. Read the full report: https://www.reportlinker.com/p05877827/?utm_source=PRN The rising cases of allergies are expected to increase the demand of allergy immunotherapy, leading to the high growth of the market over the forecast period. According to the International Study of Asthma and Allergies in Childhood (ISAAC), about 22.1% of young children aged between 13 and 14 years are affected by hay fever, which was globally published in World Allergy Week 2016 fact sheet. As per the data published by the American College of Allergy, Asthma & Immunology, allergies are the sixth leading cause of chronic illness in the United States, with an annual cost in excess of USD 18 billion, and more than 50 million Americans suffer from allergies each year. There is an increase in the number of people suffering from food allergies among both children and adults, globally. Hence, the increasing burden of allergic diseases is expected to aid the demand for allergy treatment.Key Market TrendsSubcutaneous Immunotherapy (SCIT) is Expected to Register a High Growth RateThe subcutaneous immunotherapy (SCIT), is the most commonly used and most effective form of allergy immunotherapy and it is the only treatment available that actually changes the immune system, making it possible to prevent the development of new allergies and asthma. The rising approval of immunotherapy is the major factor driving the growth of the market. For instance, recently, in 2018, one of the major market players, Stallergenes Greer received approval from the United States Food and Drug Administration (FDA) for the extension of the indication for Oralair, an allergy immunotherapy sublingual tablet, to treat patients ages 5 to 9 with grass pollen-induced allergic rhinitis. Furthermore, governments are taking initiatives to increase the awareness about allergies among the population, for instance recently, in January 2018, the Ministry and the Japanese Society of Allergology opened a dedicated website about allergies. Thus, owing to the rising burden of allergies and awareness among the population the market is expected to witness high growth.North America is Expected to Dominate the MarketAccording to an article by Ruchi Gupta et al. published in JAMA Network Open Journal, an estimated 10.8% were food allergic at the time of the survey, whereas nearly 19% of adults believed that they were food allergic. Nearly half of food-allergic adults had at least 1 adult-onset food allergy, and 38% reported at least 1 food allergy-related emergency department visit in their lifetime.This prevalence is very high. However, the United States has a very developed healthcare System. It also invests large amounts into research and development. Hence, US healthcare has the ability to provide treatment to nearly all of its popualtion. Hence the US allergy treatment market is expected to cover a large share of the market.Competitive LandscapeThe majority of the allergy treatment products are being manufactured by the global key players. The market leaders with more funds for research and better distribution system have established their position in the market. Moreover, Asia-pacific is witnessing an emergence of some small players due to the rise of awareness and this has also helped the market to grow.Reasons to Purchase this report:- The market estimate (ME) sheet in Excel format- 3 months of analyst supportRead the full report: https://www.reportlinker.com/p05877827/?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
edtsum7982
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)--Grant Thornton LLP has launched cta.x an app that allows companies and auditors to rapidly develop and deploy automated internal-controls tests, helping them comply with laws and regulations such as Sarbanes-Oxley. It will also help companies garner new insights from their internal-compliance efforts and increase the return-on-investment in their controls testing. Controls testing is traditionally conducted by a human being assessing evidence and manually analyzing data in a spreadsheet or system for governance, risk and compliance, said Ethan Rojhani, a partner in the Risk Advisory practice at Grant Thornton. The cta.x app automates and integrates controls testing by taking existing assurance processes and applying them to the full population of procedures and policies governing controls. It then pipes the data through Grant Thorntons proprietary logic engine and produces testing results in sophisticated, customizable dashboards. Grant Thorntons Risk Advisory professionals will administer and use the cta.x app as part of their client-service delivery, while the firms clients will also be able to directly access and use cta.x. Grant Thornton has built cta.x using proprietary cloud-based software, which the firm, or client-staff auditors, configure to perform test procedures on controls data. The app can also help a company identify discrepancies before they threaten data quality or business reputation. It accepts controls data that Grant Thornton has mapped to a standard model and then provides the flexibility to tailor-test procedures to specific controls attributes. The firm can deploy cta.x in a client-specific environment within Grant Thorntons software-as-a-service model, or in the clients own environment. A new way to test effectiveness Historically, controls testing lacks real-time capabilities, which means companies cannot identify exceptions until after the testing is complete. This makes it harder for them to effectively manage risks and compliance activities, and it limits the upside benefits of controls testing. Greg Haberer, a senior manager in the Risk Advisory practice at Grant Thornton, explains that cta.x remedies these shortcomings: Our app adds intelligent automation at the front end of the controls-testing process. This increases efficiency and shifts the compliance focus from manual tasks, such as data gathering and manipulation, to higher-value activities like anomaly detection and root-cause analysis. With cta.x, companies can realize several benefits: The cta.x app is integral to Grant Thorntons overall approach to controls testing, which the firm has built on a three-step framework: Gather and prepare data; perform test procedures; and report the results. There are many benefits to controls-test automation, but to fully realize them, companies need to have the experience and knowledge to automate things correctly, notes Rojhani. With cta.x, were combining our first-of-its-kind tools with Grant Thorntons proven formula for controls testing. This changes the controls-testing equation and helps our clients take risk mitigation and efficiency to higher levels. Companies have shown a growing interest in automating their controls testing: A recent Grant Thornton survey of chief financial officers reveals that almost one-third (32 percent) claim their organizations have already deployed technology to automate their controls testing, while almost one-third more (29 percent) plan to do so within the next 12 months. Another alyx platform innovation Grant Thornton developed cta.x with the help of alyx, a digital platform it recently launched for transformation and innovation. The platform is available to all of Grant Thorntons service professionals so they can help quickly solve specific business problems for clients with new and emerging technologies. The alyx platform uses a concierge-enabled system that methodically shares business problems with teams of subject-matter specialists and technologists. These teams subsequently develop solutions by combining know-how in Grant Thorntons core service areas accounting, tax and consulting with technologies such as intelligent automation, data extraction, data cleansing, analytics and blockchain. Grant Thornton has used alyx to develop several new offerings that marry innovation and knowledge. These include: Grant Thornton expects to launch several additional offerings in the coming months that it commercializes through its alyx platform. Our alyx platform is integral to Grant Thorntons efforts to digitize our clients business-critical functions, from risk management to operational efficiency, said Joseph Brown, Grant Thorntons national managing partner of Market Innovation and Release Management. This is all about identifying the real-world challenges our clients face, and then solving them with cutting-edge solutions that we can scale across disciplines and industries. For more information about cta.x, visit www.grantthornton.com/ctax. About Grant Thornton LLP Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the worlds leading organizations of independent audit, tax and advisory firms. Grant Thornton, which has revenues of $1.92 billion and operates more than 50 offices, works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations. Grant Thornton refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one anothers acts or omissions. Please see grantthornton.com for further details. Answer:
Grant Thornton launches cta.x an app for rapid, automated controls testing App helps companies govern financial resources and improve regulatory compliance with intelligent automation
CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP has launched cta.x an app that allows companies and auditors to rapidly develop and deploy automated internal-controls tests, helping them comply with laws and regulations such as Sarbanes-Oxley. It will also help companies garner new insights from their internal-compliance efforts and increase the return-on-investment in their controls testing. Controls testing is traditionally conducted by a human being assessing evidence and manually analyzing data in a spreadsheet or system for governance, risk and compliance, said Ethan Rojhani, a partner in the Risk Advisory practice at Grant Thornton. The cta.x app automates and integrates controls testing by taking existing assurance processes and applying them to the full population of procedures and policies governing controls. It then pipes the data through Grant Thorntons proprietary logic engine and produces testing results in sophisticated, customizable dashboards. Grant Thorntons Risk Advisory professionals will administer and use the cta.x app as part of their client-service delivery, while the firms clients will also be able to directly access and use cta.x. Grant Thornton has built cta.x using proprietary cloud-based software, which the firm, or client-staff auditors, configure to perform test procedures on controls data. The app can also help a company identify discrepancies before they threaten data quality or business reputation. It accepts controls data that Grant Thornton has mapped to a standard model and then provides the flexibility to tailor-test procedures to specific controls attributes. The firm can deploy cta.x in a client-specific environment within Grant Thorntons software-as-a-service model, or in the clients own environment. A new way to test effectiveness Historically, controls testing lacks real-time capabilities, which means companies cannot identify exceptions until after the testing is complete. This makes it harder for them to effectively manage risks and compliance activities, and it limits the upside benefits of controls testing. Greg Haberer, a senior manager in the Risk Advisory practice at Grant Thornton, explains that cta.x remedies these shortcomings: Our app adds intelligent automation at the front end of the controls-testing process. This increases efficiency and shifts the compliance focus from manual tasks, such as data gathering and manipulation, to higher-value activities like anomaly detection and root-cause analysis. With cta.x, companies can realize several benefits: The cta.x app is integral to Grant Thorntons overall approach to controls testing, which the firm has built on a three-step framework: Gather and prepare data; perform test procedures; and report the results. There are many benefits to controls-test automation, but to fully realize them, companies need to have the experience and knowledge to automate things correctly, notes Rojhani. With cta.x, were combining our first-of-its-kind tools with Grant Thorntons proven formula for controls testing. This changes the controls-testing equation and helps our clients take risk mitigation and efficiency to higher levels. Companies have shown a growing interest in automating their controls testing: A recent Grant Thornton survey of chief financial officers reveals that almost one-third (32 percent) claim their organizations have already deployed technology to automate their controls testing, while almost one-third more (29 percent) plan to do so within the next 12 months. Another alyx platform innovation Grant Thornton developed cta.x with the help of alyx, a digital platform it recently launched for transformation and innovation. The platform is available to all of Grant Thorntons service professionals so they can help quickly solve specific business problems for clients with new and emerging technologies. The alyx platform uses a concierge-enabled system that methodically shares business problems with teams of subject-matter specialists and technologists. These teams subsequently develop solutions by combining know-how in Grant Thorntons core service areas accounting, tax and consulting with technologies such as intelligent automation, data extraction, data cleansing, analytics and blockchain. Grant Thornton has used alyx to develop several new offerings that marry innovation and knowledge. These include: Grant Thornton expects to launch several additional offerings in the coming months that it commercializes through its alyx platform. Our alyx platform is integral to Grant Thorntons efforts to digitize our clients business-critical functions, from risk management to operational efficiency, said Joseph Brown, Grant Thorntons national managing partner of Market Innovation and Release Management. This is all about identifying the real-world challenges our clients face, and then solving them with cutting-edge solutions that we can scale across disciplines and industries. For more information about cta.x, visit www.grantthornton.com/ctax. About Grant Thornton LLP Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the worlds leading organizations of independent audit, tax and advisory firms. Grant Thornton, which has revenues of $1.92 billion and operates more than 50 offices, works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations. Grant Thornton refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one anothers acts or omissions. Please see grantthornton.com for further details.
edtsum7983
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: HALLANDALE BEACH, Fla., Feb. 10, 2021 /PRNewswire/ --1/ST RACING today announced the appointment of Aaron Gryder as the company's first Vice President, Industry Relations. Gryder will serve as a key liaison between 1/ST RACING and industry stakeholders to advance health, safety and rider reforms with a particular focus on jockey outreach, and as an ambassador for 1/ST RACING in California, Florida and Maryland to support and advance the company's mission to further develop its world-class racing operations. Gryder, based in Florida, will report directly to Aidan Butler, Chief Operating Officer, 1/ST RACINGand will be a media spokesperson for the company. He will also act as a primary point of contact for horsemen who are stabled at 1/ST RACING venues. "We are excited to welcome Aaron to the 1/ST RACING team in this vital new role," said Aidan Butler, Chief Operating Officer, 1/ST RACING. "Aaron's depth of experience as a professional jockey and work with industry stakeholders is a perfect connection to ensure our communications and relations between tracks, stakeholders and the public is transparent, detailed and consistent. His extensive knowledge of the racetrack is incredibly valuable as we continue to elevate our safety protocols and promote 1/ST RACING." "I am thrilled for the opportunity to work with the forward-thinking team at 1/ST RACING to bring our sport into the future," said Aaron Gryder, Vice President, Industry Relations, 1/ST RACING. "As a jockey I conducted myself in a manner that displayed my love for the horses and respect for the great sport of horse racing. I will bring the same enthusiasm and work ethic that helped me to be successful throughout my career as a jockey to my new role." During a transformative time in horse racing, Gryder worked closely with 1/ST RACING to introduce and implement industry-leading health and safety protocols for horses and riders at Santa Anita Park. During the early stages of the COVID-19 pandemic, he worked alongside Aidan Butler to bring the horse racing community at Santa Anita Park together to form North America's first sports bubble. This self-contained ecosystem allowed the hundreds of people who work on the backstretch, jockeys and essential racing personnel to keep the horses safe and active while protecting themselves, their livelihoods and the community. Gryder is a highly respected retired jockey with over 4,000 race wins worldwide to his credit. He has wins in some of Thoroughbred racing's most prestigious stakes races including, the Dubai World Cup (2009) and the Breeders' Cup Marathon (2012). In addition to his decades long career as a professional athlete, Gryder has worked as an On-Air Analyst for ESPN, NBC Sports, Fox Sports, the TVG Network and HRTV. He has covered the worldwide broadcast of the Dubai World Cup and the Breeders' Cup and is widely regarded as an ambassador for the sport of Thoroughbred horse racing. For more information on 1/ST please visit www.1st.com or @1/STRacing. About The Stronach Group and 1/ST The Stronach Group is a world-class technology, entertainment and real estate development company with Thoroughbred horse racing and pari-mutuel wagering at the core. The company's consumer facing brand 1/ST (pronounced "First") powers The Stronach Group's forward-thinking 1/ST RACING, 1/ST CONTENT, 1/ST TECHNOLOGY, 1/ST LIVE, and 1/ST PROPERTIES businesses, while advocating for and driving the 1/ST HORSE CAREmission. 1/ST represents The Stronach Group's continued movement toward redefining Thoroughbred horse racing and the ecosystem that drives it. 1/ST RACING drives the best-in-class horse racing operations at the company's premier racetracks and training centers including: Santa Anita Park, Golden Gate Fields and San Luis Rey Downs (California); Gulfstream Park home of the Pegasus World Cup Championship Invitational Series, Gulfstream Park West and Palm Meadows Thoroughbred Training Center (Florida); the Maryland Jockey Club at Laurel Park, Pimlico Race Course - home of the legendary Preakness Stakes, Rosecroft Raceway and Bowie Training Center (Maryland). 1/ST CONTENT is the newly formed operating group for all of 1/ST's media and content companies including: Monarch Content Management, Elite, GWS and XBTV. 1/ST TECHNOLOGY is horse racing's largest racing and gaming technology company offering world-class products via its AmTote, Xpressbet, 1/ST BET, XB SELECT, XB NET, PariMAX, and Betmix brands. 1/ST LIVE blends the worlds of sports, entertainment and hospitality by delivering uniquely curated events such as InfieldFest and Pegasus LIV Stretch Village. 1/ST PROPERTIESis responsible for the development of the company's live, work and play communities surrounding its racing venues including: The Village at Gulfstream Park (Florida) and Paddock Pointe (Maryland). As the advocate for critical industry reforms and by making meaningful investments into aftercare programs for retired horses and jockeys, 1/ST HORSE CARE represents The Stronach Group's commitment to achieving the highest level of horse and rider care and safety standards in Thoroughbred horse racing on and off the track. For more information, please visit www.1st.com. Media Contact:Tiffani Steer, Vice President, Communications, 1/ST, [emailprotected] SOURCE 1/ST Related Links http://www.1st.com Answer:
1/ST RACING Appoints Aaron Gryder As Vice President, Industry Relations
HALLANDALE BEACH, Fla., Feb. 10, 2021 /PRNewswire/ --1/ST RACING today announced the appointment of Aaron Gryder as the company's first Vice President, Industry Relations. Gryder will serve as a key liaison between 1/ST RACING and industry stakeholders to advance health, safety and rider reforms with a particular focus on jockey outreach, and as an ambassador for 1/ST RACING in California, Florida and Maryland to support and advance the company's mission to further develop its world-class racing operations. Gryder, based in Florida, will report directly to Aidan Butler, Chief Operating Officer, 1/ST RACINGand will be a media spokesperson for the company. He will also act as a primary point of contact for horsemen who are stabled at 1/ST RACING venues. "We are excited to welcome Aaron to the 1/ST RACING team in this vital new role," said Aidan Butler, Chief Operating Officer, 1/ST RACING. "Aaron's depth of experience as a professional jockey and work with industry stakeholders is a perfect connection to ensure our communications and relations between tracks, stakeholders and the public is transparent, detailed and consistent. His extensive knowledge of the racetrack is incredibly valuable as we continue to elevate our safety protocols and promote 1/ST RACING." "I am thrilled for the opportunity to work with the forward-thinking team at 1/ST RACING to bring our sport into the future," said Aaron Gryder, Vice President, Industry Relations, 1/ST RACING. "As a jockey I conducted myself in a manner that displayed my love for the horses and respect for the great sport of horse racing. I will bring the same enthusiasm and work ethic that helped me to be successful throughout my career as a jockey to my new role." During a transformative time in horse racing, Gryder worked closely with 1/ST RACING to introduce and implement industry-leading health and safety protocols for horses and riders at Santa Anita Park. During the early stages of the COVID-19 pandemic, he worked alongside Aidan Butler to bring the horse racing community at Santa Anita Park together to form North America's first sports bubble. This self-contained ecosystem allowed the hundreds of people who work on the backstretch, jockeys and essential racing personnel to keep the horses safe and active while protecting themselves, their livelihoods and the community. Gryder is a highly respected retired jockey with over 4,000 race wins worldwide to his credit. He has wins in some of Thoroughbred racing's most prestigious stakes races including, the Dubai World Cup (2009) and the Breeders' Cup Marathon (2012). In addition to his decades long career as a professional athlete, Gryder has worked as an On-Air Analyst for ESPN, NBC Sports, Fox Sports, the TVG Network and HRTV. He has covered the worldwide broadcast of the Dubai World Cup and the Breeders' Cup and is widely regarded as an ambassador for the sport of Thoroughbred horse racing. For more information on 1/ST please visit www.1st.com or @1/STRacing. About The Stronach Group and 1/ST The Stronach Group is a world-class technology, entertainment and real estate development company with Thoroughbred horse racing and pari-mutuel wagering at the core. The company's consumer facing brand 1/ST (pronounced "First") powers The Stronach Group's forward-thinking 1/ST RACING, 1/ST CONTENT, 1/ST TECHNOLOGY, 1/ST LIVE, and 1/ST PROPERTIES businesses, while advocating for and driving the 1/ST HORSE CAREmission. 1/ST represents The Stronach Group's continued movement toward redefining Thoroughbred horse racing and the ecosystem that drives it. 1/ST RACING drives the best-in-class horse racing operations at the company's premier racetracks and training centers including: Santa Anita Park, Golden Gate Fields and San Luis Rey Downs (California); Gulfstream Park home of the Pegasus World Cup Championship Invitational Series, Gulfstream Park West and Palm Meadows Thoroughbred Training Center (Florida); the Maryland Jockey Club at Laurel Park, Pimlico Race Course - home of the legendary Preakness Stakes, Rosecroft Raceway and Bowie Training Center (Maryland). 1/ST CONTENT is the newly formed operating group for all of 1/ST's media and content companies including: Monarch Content Management, Elite, GWS and XBTV. 1/ST TECHNOLOGY is horse racing's largest racing and gaming technology company offering world-class products via its AmTote, Xpressbet, 1/ST BET, XB SELECT, XB NET, PariMAX, and Betmix brands. 1/ST LIVE blends the worlds of sports, entertainment and hospitality by delivering uniquely curated events such as InfieldFest and Pegasus LIV Stretch Village. 1/ST PROPERTIESis responsible for the development of the company's live, work and play communities surrounding its racing venues including: The Village at Gulfstream Park (Florida) and Paddock Pointe (Maryland). As the advocate for critical industry reforms and by making meaningful investments into aftercare programs for retired horses and jockeys, 1/ST HORSE CARE represents The Stronach Group's commitment to achieving the highest level of horse and rider care and safety standards in Thoroughbred horse racing on and off the track. For more information, please visit www.1st.com. Media Contact:Tiffani Steer, Vice President, Communications, 1/ST, [emailprotected] SOURCE 1/ST Related Links http://www.1st.com
edtsum7988
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 18, 2021 /PRNewswire/ --Pomerantz LLP is investigating claims on behalf of investors ofTyson Foods, Inc.("Tyson" or the "Company")(NYSE:TSN). Such investors are advised to contact Robert S. Willoughby at [emailprotected]or 888-476-6529, ext. 7980. The investigation concerns whether Tyson and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On December 15, 2020, the New York City Comptroller ("NYC Comptroller") called on the U.S. Securities and Exchange Commission to open an investigation into Tyson for providing shareholders with "materially false or misleading information regarding Tyson's response to the global COVID-19 pandemic and the resulting risk factors." In a public statement, the NYC Comptroller stated that "[t]here is human cost to Tyson's failurespreventable deaths, hospitalizations and sick workers. These failures have material impacts on its business operations that carry serious risks for shareholders." On this news, Tyson's stock price fell $1.78 per share, or 2.54%, to close at $68.25 per share on December 15, 2020. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. CONTACT:Robert S. WilloughbyPomerantz LLP [emailprotected]888-476-6529 ext. 7980 SOURCE Pomerantz LLP Related Links www.pomerantzlaw.com Answer:
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tyson Foods, Inc. - TSN
NEW YORK, March 18, 2021 /PRNewswire/ --Pomerantz LLP is investigating claims on behalf of investors ofTyson Foods, Inc.("Tyson" or the "Company")(NYSE:TSN). Such investors are advised to contact Robert S. Willoughby at [emailprotected]or 888-476-6529, ext. 7980. The investigation concerns whether Tyson and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On December 15, 2020, the New York City Comptroller ("NYC Comptroller") called on the U.S. Securities and Exchange Commission to open an investigation into Tyson for providing shareholders with "materially false or misleading information regarding Tyson's response to the global COVID-19 pandemic and the resulting risk factors." In a public statement, the NYC Comptroller stated that "[t]here is human cost to Tyson's failurespreventable deaths, hospitalizations and sick workers. These failures have material impacts on its business operations that carry serious risks for shareholders." On this news, Tyson's stock price fell $1.78 per share, or 2.54%, to close at $68.25 per share on December 15, 2020. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. CONTACT:Robert S. WilloughbyPomerantz LLP [emailprotected]888-476-6529 ext. 7980 SOURCE Pomerantz LLP Related Links www.pomerantzlaw.com
edtsum7990
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, Feb. 2, 2021 /PRNewswire/ -- February 2, 2021 Mr. Peter Cohen, Chairman of the BoardDr. Jessica Shen, DirectorMs. Minnie Baylor-Henry, DirectorMr. Willie Bogan, DirectorDr. Jeff Dyer, DirectorMr. Chris Nolet, Director PolarityTE, Inc.123 North Wright Brothers DriveSalt Lake City, UT 84116 Dear Members of the Board, As you are aware, Gatemore Capital Management LLP ("Gatemore" or "we") manages the Gatemore Special Opportunities Fund, which today controls 3.7% of the common stock of PolarityTE, Inc. ("Polarity" or the "Company") on a fully diluted basis. We are writing to follow up on our letter to Mr. Cohen and the members of the Board of Directors (the "Board"), dated December 28, 2020, in which we requested that the Board take the following three actions: 1. De-classify the Board; 2. Provide Gatemore access to books and records relating to the dilutive equity financings completed in February and December of 2020; and 3. Form a strategic alternatives committee to evaluate new financing and other strategic opportunities. While we were pleased to see the Board announce the formation of a strategic alternatives committee on January 11, we were disappointed that you did not take any action to de-classify the Board and eliminate your staggered elections. Furthermore, in response to our request for access to books and records, you flatly denied our request, writing to us, "Polarity will not produce any documents in response to the Demand." This stunning lack of transparency or reasonable accommodation to your stockholders is, unfortunately, part of a broader pattern of poor corporate governance at Polarity. Below is a list of, in our view, completely unnecessary defensive entrenchment provisions in the governing documents that, taken together, portrays a Board which ignores best practices and suppresses basic stockholder rights, particularly at a time of significant stockholder value deterioration. PolarityTE Best Practice Maintains a classified board with only a subset of directors up for re-election each year, with each director serving three (3) year terms. Declassified board with all directors serving one-year terms. Bars stockholders from acting by written consent. Stockholders may act by written consent to approve all actions which may be approved by stockholders at a stockholder meeting. Requires 25% of outstanding shares to call a special meeting of the stockholders. Any stockholder may call a special meeting. Permits the removal of directors only "for cause", and only by a 67% supermajority of the stockholders. Any director may be removed with or without cause by holders of a simple majority of the outstanding shares. Stockholders may not fill vacancies on the Board. Both the Board and stockholders may fill vacancies on the Board, whether caused by director removal or a newly created director set. Requires a 67% supermajority of the stockholders to amend the Company's charter or bylaws. Permits stockholders to approve amendments to the Company's charter and bylaws by holders of a simple majority of the outstanding shares. Further to the significant flaws in the governing documents of the Company that must be rectified, at the very least, to come into line with appropriate practice for public companies in the market, the Company has abused its nearly unfettered right to issue dilutive equity without any stockholder consent. We, therefore, call for appropriate curbs on the Board's right to approve equity issuances without the consent of the stockholders. But perhaps the most egregious corporate governance issue is the seeming free pass that the Board has granted to the Chief Executive Officer of the Company, who has overseen the protracted and precipitous decline of stockholder value. As you all know, David Seaburg and Peter Cohen are close, long-time friends, having worked together for nine years at Cowen Group. Mr. Seaburg has no experience whatsoever in running a healthcare enterprise or guiding a company through a bet-the-company regulatory approval process. It is past time for this Board to hold the Company's senior executive management to account for the direction of the Company. Instead of meeting its fiduciary duty to oversee the executive team and an unqualified CEO, the Board has rewarded Mr. Seaburg with large share grants. In addition to Gatemore, a significant number of your largest stockholders are similarly appalled by the corporate governance practices at Polarity. If the Board continues to show disregard for stockholders through inappropriate entrenchment policies, dilutive issuances and inadequate oversight of its senior executive management team, then we will be forced to take further action. Thank you for your attention. Sincerely, Liad MeidarManaging Partner Rob White, James Williams and Patrick Corcoran - +44 (0) 20 7952 2000 / [emailprotected] SOURCE Gatemore Capital Management LLP Answer:
Gatemore Capital Management LLP - Letter to the Board of Directors of PolarityTE, Inc.
LONDON, Feb. 2, 2021 /PRNewswire/ -- February 2, 2021 Mr. Peter Cohen, Chairman of the BoardDr. Jessica Shen, DirectorMs. Minnie Baylor-Henry, DirectorMr. Willie Bogan, DirectorDr. Jeff Dyer, DirectorMr. Chris Nolet, Director PolarityTE, Inc.123 North Wright Brothers DriveSalt Lake City, UT 84116 Dear Members of the Board, As you are aware, Gatemore Capital Management LLP ("Gatemore" or "we") manages the Gatemore Special Opportunities Fund, which today controls 3.7% of the common stock of PolarityTE, Inc. ("Polarity" or the "Company") on a fully diluted basis. We are writing to follow up on our letter to Mr. Cohen and the members of the Board of Directors (the "Board"), dated December 28, 2020, in which we requested that the Board take the following three actions: 1. De-classify the Board; 2. Provide Gatemore access to books and records relating to the dilutive equity financings completed in February and December of 2020; and 3. Form a strategic alternatives committee to evaluate new financing and other strategic opportunities. While we were pleased to see the Board announce the formation of a strategic alternatives committee on January 11, we were disappointed that you did not take any action to de-classify the Board and eliminate your staggered elections. Furthermore, in response to our request for access to books and records, you flatly denied our request, writing to us, "Polarity will not produce any documents in response to the Demand." This stunning lack of transparency or reasonable accommodation to your stockholders is, unfortunately, part of a broader pattern of poor corporate governance at Polarity. Below is a list of, in our view, completely unnecessary defensive entrenchment provisions in the governing documents that, taken together, portrays a Board which ignores best practices and suppresses basic stockholder rights, particularly at a time of significant stockholder value deterioration. PolarityTE Best Practice Maintains a classified board with only a subset of directors up for re-election each year, with each director serving three (3) year terms. Declassified board with all directors serving one-year terms. Bars stockholders from acting by written consent. Stockholders may act by written consent to approve all actions which may be approved by stockholders at a stockholder meeting. Requires 25% of outstanding shares to call a special meeting of the stockholders. Any stockholder may call a special meeting. Permits the removal of directors only "for cause", and only by a 67% supermajority of the stockholders. Any director may be removed with or without cause by holders of a simple majority of the outstanding shares. Stockholders may not fill vacancies on the Board. Both the Board and stockholders may fill vacancies on the Board, whether caused by director removal or a newly created director set. Requires a 67% supermajority of the stockholders to amend the Company's charter or bylaws. Permits stockholders to approve amendments to the Company's charter and bylaws by holders of a simple majority of the outstanding shares. Further to the significant flaws in the governing documents of the Company that must be rectified, at the very least, to come into line with appropriate practice for public companies in the market, the Company has abused its nearly unfettered right to issue dilutive equity without any stockholder consent. We, therefore, call for appropriate curbs on the Board's right to approve equity issuances without the consent of the stockholders. But perhaps the most egregious corporate governance issue is the seeming free pass that the Board has granted to the Chief Executive Officer of the Company, who has overseen the protracted and precipitous decline of stockholder value. As you all know, David Seaburg and Peter Cohen are close, long-time friends, having worked together for nine years at Cowen Group. Mr. Seaburg has no experience whatsoever in running a healthcare enterprise or guiding a company through a bet-the-company regulatory approval process. It is past time for this Board to hold the Company's senior executive management to account for the direction of the Company. Instead of meeting its fiduciary duty to oversee the executive team and an unqualified CEO, the Board has rewarded Mr. Seaburg with large share grants. In addition to Gatemore, a significant number of your largest stockholders are similarly appalled by the corporate governance practices at Polarity. If the Board continues to show disregard for stockholders through inappropriate entrenchment policies, dilutive issuances and inadequate oversight of its senior executive management team, then we will be forced to take further action. Thank you for your attention. Sincerely, Liad MeidarManaging Partner Rob White, James Williams and Patrick Corcoran - +44 (0) 20 7952 2000 / [emailprotected] SOURCE Gatemore Capital Management LLP