Transition

Iran’s intervention in Sudan’s civil war advances its geopolitical goals − but not without risks

Retrieved on: 
вторник, мая 28, 2024

Similarly, Tehran’s arms shipments to Russia are well known and have prompted complaints and sanctions from the West.

Key Points: 
  • Similarly, Tehran’s arms shipments to Russia are well known and have prompted complaints and sanctions from the West.
  • But Tehran has received little coverage of its military intervention in another deadly conflict: Sudan’s civil war.
  • It follows a similar trajectory as Iran’s involvement in Ethiopia during the Tigray war of 2020-22.

Projecting power

  • Iran has done this to project power, strengthen alliances and influence conflicts in the Middle East and other regions.
  • At the same time, it can prove a lucrative source of income for the Iranian economy, as well as a showcase for the country’s technology.
  • In regards to Sudan, arming the SAF helps both Iran’s wider geopolitical goals and its competition with regional rivals, including Saudi Arabia, the United Arab Emirates and Israel.

Rogue states

  • It exported tractors there and stationed naval vessels at Sudanese ports in the Gulf of Aden and the Red Sea.
  • As a fellow so-called rogue state subjected to U.S. sanctions and embargoes, Sudan provided diplomatic support to Tehran throughout the period.
  • These setbacks resulted from Iran disengaging from Sudan and Africa to concentrate on nuclear diplomacy with the United States and other world powers.
  • They also coincided with growing military, diplomatic and economic assistance from Saudi Arabia and the UAE to Sudan and other states in the Horn of Africa in exchange for joining the Saudi-led coalition against the Iran-backed Houthis in Yemen.

Making inroads in the Horn

  • Tehran aspires to assist al-Burhan and the SAF win the war and take back control of the state.
  • Giving assistance to the SAF also fits a dynamic that predates the war and again relates to Iran’s battle for influence with Saudi Arabia.
  • Outside the military realm, the UAE has a sizable economic edge over Iran as Sudan’s largest export partner and second largest import partner.

Fueling conflict

Canada Added to a Growing List of Countries Regulating Cibus’ Gene Editing Technologies Similar to Conventional Breeding

Retrieved on: 
среда, мая 15, 2024

The guidelines confirm that CFIA intends to follow a product, rather than process-based, approach to regulation and adds Canada to a growing list of countries that have endorsed policies that will regulate Cibus' Rapid Trait Development System™ (RTDS®) gene editing technologies similar to conventional breeding.

Key Points: 
  • The guidelines confirm that CFIA intends to follow a product, rather than process-based, approach to regulation and adds Canada to a growing list of countries that have endorsed policies that will regulate Cibus' Rapid Trait Development System™ (RTDS®) gene editing technologies similar to conventional breeding.
  • “Canada is an important and respected voice in the global landscape of plant biotechnology regulation.
  • This development continues the positive global momentum with more and more governments regulating products from gene editing like those developed through conventional breeding techniques.
  • With the latest guidelines from CFIA, Canada continues to demonstrate its global leadership in the implementation of pragmatic, science-based policy for the regulation of plants developed using gene editing.

Enhabit Provides Additional Details on Robust Strategic Review Process

Retrieved on: 
четверг, мая 23, 2024

In connection with the filing, Enhabit provided additional information regarding its recently concluded strategic review process.

Key Points: 
  • In connection with the filing, Enhabit provided additional information regarding its recently concluded strategic review process.
  • The Board, which includes two directors appointed as part of a cooperation agreement with Cruiser Capital and Harbour Point Capital, was actively engaged throughout the strategic review process.
  • In addition, Enhabit issued a public announcement of the process to ensure that other potential counterparties would be aware of the process.
  • The strategic review process, as described above, was publicly announced, comprehensive, and deliberate, lasting nine months and involving 38 potential counterparties.

STARTUP AUTOBAHN EXPO2024 showcases over 30 pilot collaborations between startups and mobility leaders

Retrieved on: 
четверг, мая 23, 2024

STARTUP AUTOBAHN’s flagship EXPO event returns on June 6, 2024, for its 13th edition, to showcase over 30 pilot projects jointly developed by startups and industry giants in mobility, production, enterprise, and sustainability.

Key Points: 
  • STARTUP AUTOBAHN’s flagship EXPO event returns on June 6, 2024, for its 13th edition, to showcase over 30 pilot projects jointly developed by startups and industry giants in mobility, production, enterprise, and sustainability.
  • STARTUP AUTOBAHN powered by Plug and Play is an innovation platform that unites the unrivaled tech expertise of Silicon Valley and the best of German engineering.
  • Just like the German highway — the "Autobahn" — the only one in the world without a speed limit, STARTUP AUTOBAHN accelerates connections between industry corporations and innovative startups.
  • FULL TEXT press release at: https://expo2024.pnptc.events/media/EXPO2024_Press_Release_EN.pdf
    At EXPO2024, STARTUP AUTOBAHN will present the Plug and Play Global Innovation Award and the STARTUP AUTOBAHN Sustainability Award.

Lone Star Electrification: City of Dallas Selects Ford Pro to Advance EV Charging Infrastructure 

Retrieved on: 
вторник, мая 21, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240521979578/en/
    Ford Pro and the City of Dallas entered a 10-year agreement to grow and manage EV charging infrastructure for the City’s fleet operations.
  • As part of the agreement, the City of Dallas will install Ford Pro chargers at the City’s worksites and use Ford Pro smart charging software to customize and manage EV charging performance.
  • “This agreement with Ford Pro marks a significant milestone and will help our city avoid energy waste and save money on energy costs.
  • Ford Pro delivers an always-on, connected customer experience through a comprehensive suite of solutions including vehicles, charging, software, financing, and service for all commercial and government customers.

Humana & Privia Medical Group–Georgia Partner with Bamboo Health to Earn KLAS Research Points of Light Award

Retrieved on: 
четверг, мая 16, 2024

That challenge was the motivation for an innovative collaboration between Bamboo Health ™, the leader in Real-Time Care Intelligence™, Humana and Privia Medical Group (PMG)–Georgia to bridge care gaps for patients enrolled in Medicare Advantage plans.

Key Points: 
  • That challenge was the motivation for an innovative collaboration between Bamboo Health ™, the leader in Real-Time Care Intelligence™, Humana and Privia Medical Group (PMG)–Georgia to bridge care gaps for patients enrolled in Medicare Advantage plans.
  • The program was one of only 22 presentations selected for a Points of Light Award on May 14 at the 2024 K2 Collaborative Summit , a KLAS Research conference for health plans, providers and industry leaders.
  • "At Humana, we are dedicated to delivering personalized, high-quality care experiences for our members," said John Cope, Director of Stars Technology at Humana.
  • "Partnering with Bamboo Health and Privia in Georgia has enabled us to leverage cutting-edge technology to optimize care coordination and support our members' healthcare journeys.

ProPetro Appoints Alex Volkov to Board of Directors

Retrieved on: 
понедельник, мая 13, 2024

Mr. Volkov is currently the Transition Executive responsible for planning the integration of Pioneer Natural Resources Company with ExxonMobil's Unconventional business.

Key Points: 
  • Mr. Volkov is currently the Transition Executive responsible for planning the integration of Pioneer Natural Resources Company with ExxonMobil's Unconventional business.
  • Additionally, Mark Berg, who has served as a director on the Board since February 2019 and was previously appointed as Pioneer's designee, will remain on the Board as an independent director.
  • We have benefitted greatly from Mark's deep experience over the past five years and look forward to his continued contributions.”
    Phillip Gobe, Chairman of the ProPetro Board, said, “It is with great pleasure that we welcome Alex to our Board.
  • Mark is a valuable member of our Board, and I want to thank him for his continued service to ProPetro.”

Lincoln Educational Services Reports Continued Growth During First Quarter 2024, with 15% Student Starts and 20% Revenue Growth; Increasing Financial Guidance for Full Year 2024

Retrieved on: 
понедельник, мая 6, 2024

“We had an exceptionally strong start to 2024 and the momentum generated during the first quarter has continued,” commented Scott Shaw, President & CEO.

Key Points: 
  • “We had an exceptionally strong start to 2024 and the momentum generated during the first quarter has continued,” commented Scott Shaw, President & CEO.
  • Lincoln is capitalizing on these market dynamics by providing innovative efficient student curricula that provides opportunity to a growing number of graduates to enter rewarding, in-demand careers.
  • During the first quarter, the successful execution of our strategies resulted in just over 15% student start growth and nearly 20% revenue growth.
  • “We generated nearly 20% higher revenue, while at the same time decreasing instructional costs as a percentage of revenue.

MFA Financial, Inc. Announces First Quarter 2024 Financial Results

Retrieved on: 
понедельник, мая 6, 2024

MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the first quarter ended March 31, 2024:

Key Points: 
  • MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the first quarter ended March 31, 2024:
    MFA generated GAAP net income for the first quarter of $15.0 million, or $0.14 per basic and diluted common share.
  • MFA paid a regular cash dividend of $0.35 per common share on April 30, 2024.
  • MFA closed the quarter with unrestricted cash of $306.3 million.
  • MFA Financial, Inc. plans to host a live audio webcast of its investor conference call on Monday, May 6, 2024, at 11:00 a.m. (Eastern Time) to discuss its first quarter 2024 financial results.

Magnachip Reports Results for First Quarter 2024

Retrieved on: 
четверг, мая 2, 2024

A reconciliation of GAAP results to non-GAAP results is included in this press release.

Key Points: 
  • A reconciliation of GAAP results to non-GAAP results is included in this press release.
  • Beginning in Q1, the Company begins reporting results under its newly organized businesses: MSS (Mixed-Signal Solutions) and PAS (Power Analog Solutions).
  • While actual results may vary, Magnachip currently expects the following:
    Consolidated revenue to be in the range of $49 to $54 million, including approximately $1.5 million of Transitional Foundry Services.
  • These statements are not guarantees of future performance and actual results could differ materially from our current expectations.