SCP

Nicox’s Ordinary and Extraordinary Shareholders' Meeting on May 6, 2024

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Lundi, mai 6, 2024

Nicox’s Ordinary and Extraordinary Shareholders' Meeting on May 6, 2024

Key Points: 
  • Nicox’s Ordinary and Extraordinary Shareholders' Meeting on May 6, 2024
    Nicox SA (Euronext Growth Paris: FR0013018124, ALCOX), an international ophthalmology company, announced that the Ordinary and Extraordinary General Meetings were held today, on second convening.
  • The general meetings were held in the presence of SCP EZAVIN-THOMAS, in the person of Maître Nathalie Thomas, in their capacity as ad hoc agent to represent non-voting shareholders at the general meetings.
  • SCP EZAVIN-THOMAS was appointed by order of the President of the Commercial Court of Antibes in a second decision on April 25, 2024, in replacement of SELARL XAVIER HUERTAS & ASSOCIES, in the person of Maître Xavier Huertas, initially appointed by the President of the Commercial Court of Antibes on April 18, 2024.
  • Including the presence of Maître Nathalie Thomas, in accordance with the terms of the orders of the President of the Commercial Court of Antibes of the April 18 and 25 2024, the quorum, which was initially at 18,73% was brought to 100% of the shares eligible to vote.

Sonoma Clean Power Celebrates 10 Years of Providing Clean Energy to Sonoma and Mendocino Counties

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Mercredi, mai 8, 2024

SANTA ROSA, Calif., May 8, 2024 /PRNewswire/ -- Sonoma Clean Power (SCP) marks a significant milestone as it celebrates a decade of leadership in delivering clean, affordable, and locally sourced energy to its communities. Founded in response to the desire for a choice in a customer-owned public utility, SCP emerged as California's second Community Choice Aggregator (CCA) in 2014, and today generates the power for 87 percent of all homes and businesses in Sonoma and Mendocino counties. Without relying on taxes, it has since constructed 195 megawatts (MW) of new renewable power and passed more than $100 million in direct savings to its more than 500,000 customers. SCP pioneers dozens of innovative programs and gives back to the community along the way.

Key Points: 
  • "Over the past decade, Sonoma Clean Power has been fighting for the climate AND saving customers money," added Lynda Hopkins, County of Sonoma fifth district Supervisor and SCP board chair.
  • SCP is dedicated to energy equity and providing the tools and solutions for every single customer to benefit from the cleanest energy available."
  • "Congratulations to Sonoma Clean Power on 10 years of serving its community and bringing clean energy and electrification mainstream," said David Hochschild, chair of the California Energy Commission.
  • Its Advanced Energy Center will now be known as the Sonoma Clean Power Customer Center.

DeepScribe Appoints Dr. Dean Dalili as Chief Medical Officer to Drive Clinical Excellence and Innovation in AI-Powered Medical Documentation

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Mardi, mai 7, 2024

SAN FRANCISCO, May 7, 2024 /PRNewswire/ -- DeepScribe, a leader in ambient AI documentation for healthcare, today announced the appointment of Dr. Dean Dalili, MD, MHCM, as its new Chief Medical Officer (CMO). In this role, Dr. Dalili will be instrumental in guiding the company's clinical strategy, advancing its Enterprise-grade AI, and fostering partnerships with healthcare organizations to drive widespread adoption of DeepScribe's industry-leading technology.

Key Points: 
  • SAN FRANCISCO, May 7, 2024 /PRNewswire/ -- DeepScribe, a leader in ambient AI documentation for healthcare, today announced the appointment of Dr. Dean Dalili, MD, MHCM, as its new Chief Medical Officer (CMO).
  • Dr. Dalili brings two decades of experience as a hospitalist, academic, policy maker, and industry leader to his new role at DeepScribe.
  • He previously served as President of Market Operations at DispatchHealth, where he drove operational execution in a tech-enabled healthcare startup.
  • "I am excited to join DeepScribe and contribute to the company's mission of revolutionizing healthcare documentation through cutting-edge AI technology," said Dr. Dalili.

Inaugural class of Inman Future Leaders in Real Estate named, celebrating the next generation of visionaries

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Samedi, mai 4, 2024

TALLAHASSEE, Fla., May 4, 2024 /PRNewswire-PRWeb/ -- On Wednesday, Inman, the real estate industry's leading source of journalism, proudly announced the honorees of its 2024 Future Leaders in Real Estate award, the latest addition to Inman's industry-leading awards program. The class of 45 Future Leaders represents the real estate industry's brightest achievers under the age of 40.

Key Points: 
  • Inman Future Leaders in Real Estate award recognizes the next-generation of visionaries who demonstrate exceptional leadership qualities and an unwavering commitment to driving innovation within the real estate landscape.
  • The class of 45 Future Leaders represents the real estate industry's brightest achievers under the age of 40.
  • "Inman Future Leaders in Real Estate celebrates the trailblazers of tomorrow, recognizing their initiative and commitment to the real estate industry.
  • Emily Paquette, CEO of Inman, commented, "Inman's inaugural Future Leaders awards celebrate the trailblazers of tomorrow, recognizing their initiative and commitment to the real estate industry.

Thermaltake Elevates Gaming Rigs Nationwide with Smart BM3 and ToughPower GF A3 PSUs Available at Best Buy Retail Stores

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Mercredi, avril 24, 2024

WALNUT, Calif., April 24, 2024 /PRNewswire-PRWeb/ -- Thermaltake USA, a leading provider of PC case, cooling, power supply, and desktop memory solutions, today announced the nationwide release of the Smart BM3 Bronze and ToughPower GF A3 Gold series power supplies at Best Buy stores. These cutting-edge products are designed to meet the needs of the most demanding gaming and graphic setups, offering power ratings from 650W to 1200W. Featuring full ATX 3.0 and PCIe Gen5 compliance and equipped with the revolutionary 12VHPWR connector, these power supplies are ready to support the most advanced graphics cards available on the market.

Key Points: 
  • WALNUT, Calif., April 24, 2024 /PRNewswire-PRWeb/ -- Thermaltake USA, a leading provider of PC case, cooling, power supply, and desktop memory solutions, today announced the nationwide release of the Smart BM3 Bronze and ToughPower GF A3 Gold series power supplies at Best Buy stores.
  • "Best Buy has been a pivotal partner for Thermaltake as we strive towards sustainability.
  • "Best Buy has been a pivotal partner for Thermaltake as we strive towards sustainability.
  • ToughPower GF A3 Gold series power supplies, offered in 1200W, 1050W, and 850W models, are expertly engineered to meet the demands of next-generation PCs.

A new measure of firm-level competition: an application to euro area banks

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Jeudi, avril 18, 2024

Abstract

Key Points: 
    • Abstract
      This paper extends Boone (2008) by introducing a competition measure at the individual
      firm level rather than for an entire market segment.
    • We apply this extended Boone indicator to individual bank-level competition
      in the loan market in the four largest euro area countries and Austria.
    • Our new measure of firm-level competition enriches and complements
      other competition measures and provides a promising starting point for future market
      power analyses.
    • The only measure among non-structural measures that is based on the
      concept of competition as a process of rivalry is the Boone (2008) indicator.
    • We introduce
      a new performance measure of competition by extending the Boone indicator to the
      individual firm level.
    • Introduction
      The ability to reliably measure competition is valuable to researchers, analysts, and
      policymakers, especially antitrust authorities, financial supervisors, and central banks.
    • One broad
      category of indicators often used to measure competition are structural competition
      measures, such as static concentration measures, and dynamic measures, e.g., entry and
      exit rates.
    • Out of these measures, the only measure based on the
      concept of competition as a process of rivalry is the Boone indicator.
    • This study introduces a new performance measure of competition by extending the
      Boone indicator to the individual firm level.
    • It thus measures the
      increase in profits in percent of one percentage point increase in efficiency, with marginal
      costs as measure of efficiency.
    • We extend the theoretical
      underpinning of the measurement of competition for the entire market of Boone (2008) by
      a new measure of individual firm-level competition.
    • A concern of the literature is the gap
      between the practical application and the theoretical framework of Boone (2008).
    • We introduce within the same theoretical
      framework a new measure of competition on firm level, the MRP.
    • Our new
      measure significantly augments the antitrust evaluative framework by shedding light on
      whether a merger results in a less competitive market.
    • Our novel indicator focuses on
      firms? incentives to enhance their relative efficiency, as manifested in the elasticity
      between relative profits and efficiency.
    • However, an inefficient firm that is foreclosed could be more
      competitive than the larger efficient firm that relies on its scale economies.
    • Our new metric of competition unveils
      banks? ability to influence their profitability in the short term by cutting costs relative to
      their peers.
    • The new MRP indicator provides the ability to assess the impact
      of individual banks? competitiveness on their interest rate-setting behaviour in loan
      markets.
    • Incorporating this information promises a more refined understanding of the impact and
      timing of monetary policy rates changes on the real economy.
    • Section 3 introduces within the Boone
      (2008) theoretical framework our new measure of individual firm-level competition,
      including the interpretation of the MRP.
    • Section 4 provides an application of our new
      ECB Working Paper Series No 2925

      6

      individual firm-level competition measure to the loan market.

    • The StructureConduct-Performance paradigm (SCP) provides a traditional framework in the field of
      industrial organization for analysing competition behaviour in markets.
    • Concentrated
      markets ease the possibilities to collude implicitly or explicitly and therefore concentrated
      markets result in higher prices and profits.
    • For example, a tougher competition
      setup may lead to a reallocation of market shares, potentially forcing some firms to exit
      the market.
    • This approach gives firms? strategic behaviour
      central stage and focuses on the strategic interaction on prices and quantities, known as
      conjectural variation.
    • Another measure from
      this strand of literature is the H-statistic developed by Panzar and Rosse (1987).
    • The only competition measure from this performance literature where competition is the
      outcome from a process of rivalry is the Boone indicator.
    • A continuous and monotonically increasing relationship exists between
      RPD and the level of competition if firms are ranked by decreasing efficiency.
    • (2013) compare the Boone indicator with the price-cost margin
      and conclude that the profit elasticity is a more reliable measure of competition.
    • The high
      elasticity of profits to efficiency unequivocally indicates that the high market shares and
      therefore high profits are due to high efficiency.
    • A firm that quickly passes changes to the input prices is seen as a price
      taker with little market power.
    • Indicators of competition tend to measure different phenomenon and may provide
      conflicting messages, as reported for European banking by Carbo et al.
    • Application 2: Test the ?quiet life? and related market structure hypotheses using the
      MRP as competition or market structure measure.
    • Data
      Our application to individual bank-level competition in the euro area loan market uses
      balance sheet and income statement data from the Moody?s Analytics BankFocus for the
      calendar years 2013-2020.
    • As such, most publications
      on competition in the euro area includes the largest four member states.
    • Due to these restrictions the database was reduced to an unbalanced panel of up to 1862
      banks (depending on the year) from five euro area countries.
    • Application 1: Measure bank competition using MRP
      Looking at the distribution of the MRP for individual banks (Fig.
    • A similar finding for the four largest euro area countries as a group is
      reported in Carbo et al.
    • Application 2: Test of market structure hypotheses using MRP
      Our new measure of individual-bank competition can be used to test market structure
      theories.
    • Euro area banks? market power,
      lending channel and stability: the effects of negative policy rates, European Central Bank
      Working Paper, 2790 (February).
    • A
      new approach to measuring competition in the loan markets of the euro area, Applied
      Economics, 43 (23), 3155?3167.
    • Impact of bank competition on the interest rate pass-through in the euro area, Applied
      Economics, 45 (11), 1359?1380.

Titan.ium Platform’s Service Communication Proxy Streamlines 5G Core Networks for Mobile Operators

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Lundi, avril 8, 2024

LOWELL, Mass., April 08, 2024 (GLOBE NEWSWIRE) -- Titan.ium Platform today announced its Service Communication Proxy (SCP) for Mobile Network Operators (MNOs) is now available worldwide to address the challenges of managing large geographically-distributed 5G core signaling networks.

Key Points: 
  • LOWELL, Mass., April 08, 2024 (GLOBE NEWSWIRE) -- Titan.ium Platform today announced its Service Communication Proxy (SCP) for Mobile Network Operators (MNOs) is now available worldwide to address the challenges of managing large geographically-distributed 5G core signaling networks.
  • “With Titan.ium's SCP, we are enabling Mobile Network Operators to realize optimal performance and scalability in their 5G core networks,” said Kurt Daniel, CEO of Titan.ium Platform.
  • By simplifying core network routing topology, it is estimated that SCP can improve the efficiency of NFs by 30%.
  • To learn more, register for the webinar , on April 23 at 10 am Eastern/4 pm CET, which will cover the components of Titan.ium's 5G core solution, highlighting the Network Repository Function (NRF), Service Communication Proxy (SCP), and Security Edge Protection Proxy (SEPP).

WellRithms Publishes White Paper Exposing Flaws in Reference-Based Pricing and Introduces Superior Alternative

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Mardi, avril 9, 2024

WellRithms , the industry leading payment integrity firm, today released a provocative white paper, revealing the startling, inherent flaws of reference-based pricing (RBP) and introducing Sustainable Claims Pricing™ (SCP) as a superior alternative.

Key Points: 
  • WellRithms , the industry leading payment integrity firm, today released a provocative white paper, revealing the startling, inherent flaws of reference-based pricing (RBP) and introducing Sustainable Claims Pricing™ (SCP) as a superior alternative.
  • “Why Reference-Based Pricing has been Leapfrogged ” unwraps the failures of RBP to deliver on its promise for transparent and predictable healthcare costs.
  • “SCP offers payors a solution that guarantees savings while promoting transparency and reducing the risk of litigation,” continues Dr. Weintraub.
  • “This white paper advances greater appreciation of the historical roots of RBP, its limitations and the evolving landscape of healthcare payment strategies.

Robex Corporate Strategy Update

Retrieved on: 
Lundi, mars 18, 2024

QUEBEC CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is providing a corporate strategy update for Guinea and Mali.

Key Points: 
  • QUEBEC CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is providing a corporate strategy update for Guinea and Mali.
  • Following the updated resource estimate at Mansounia published on December 22nd 2023, the Management and the Board of Directors have decided to revise and update the development schedule.
  • The Board of Directors and the Management of Robex remain committed to finding the best possible outcome for this asset going forward.
  • Unaudited cash position as of February 29th, 2024, is CAD 12.7 million and Robex has liquidity to meet all the cash and short-term ratios.

Wind River Achieves Certification Under Prestigious Service Capability & Performance Standards

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Mardi, mars 12, 2024

Wind River® , a global leader in delivering software for mission-critical intelligent systems, has achieved certification under the prestigious Service Capability & Performance (SCP) Standards .

Key Points: 
  • Wind River® , a global leader in delivering software for mission-critical intelligent systems, has achieved certification under the prestigious Service Capability & Performance (SCP) Standards .
  • This certification recognizes the Wind River Technical Support organization for delivering top-quality service and support by meeting a stringent set of performance factors that represent best practices in the industry.
  • Wind River continually strives to find new ways to best support our customers’ increasingly complex needs, and our certification under the SCP Standards is a testament to that commitment.”
    The SCP Standards are designed to improve the quality and effectiveness of technology service operations.
  • “Wind River can be proud to be placed among industry-leading service providers through its attainment of certification under the SCP Standards.”
    Wind River joins the ranks of leading technology companies certified under the SCP Standards.