Schaffner

Expion360 Announces Launch of Edge™ LiFePO4 Battery Utilizing a Modular Design for Off-Grid Power Storage Solutions

Retrieved on: 
onsdag, maj 8, 2024

REDMOND, Ore., May 08, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, announced the launch of its highly anticipated Edge ™ battery.

Key Points: 
  • REDMOND, Ore., May 08, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, announced the launch of its highly anticipated Edge ™ battery.
  • The Edge is designed for off-grid enthusiasts, bringing a new Expion360 option designed with performance, reliability and versatility in mind.
  • Our modular design allows for easy power system expansion and versatile mounting, providing users the freedom to customize their energy solutions to meet their unique needs,” Schaffner concluded.
  • To learn more about the Edge and explore Expion360’s other scalable, cutting-edge power solutions, visit www.expion360.com .

Expion360 Announces Substantial Preorders of Next Generation Lithium Batteries Now Featuring Vertical Heat Conduction™ Heating Technology

Retrieved on: 
torsdag, april 18, 2024

As previously announced, Expion360's VHC heating technology utilizes Positive Temperature Coefficient Heating Film (“PTCHF”) to ensure uniform heat distribution across each cell, promoting optimal battery performance even in extreme cold conditions.

Key Points: 
  • As previously announced, Expion360's VHC heating technology utilizes Positive Temperature Coefficient Heating Film (“PTCHF”) to ensure uniform heat distribution across each cell, promoting optimal battery performance even in extreme cold conditions.
  • “VHC heating technology represents a significant advancement in battery performance, developed in response to customer demand and requirements,” said Brian Schaffner, Chief Executive Officer of Expion360.
  • “We have received substantial customer interest and preorders for our next generation Group 27 and GC2 series batteries featuring VHC heating technology, which we expect to begin shipping next month.
  • For more information about Expion360's VHC™ heating technology and its energy storage solutions, visit www.expion360.com .

Demographics, labor market power and the spatial equilibrium

Retrieved on: 
tisdag, februari 13, 2024

Abstract

Key Points: 
    • Abstract
      This paper studies how demographics affect aggregate labor market power, the urban wage
      premium and the spatial concentration of population.
    • I develop a quantitative spatial model
      in which labor market competitiveness depends on the demographic composition of the local
      workforce.
    • If these factors differ across workers, labor market power has a role to
      play in explaining wage inequality.
    • This paper contributes to the literature on differences in labor market power by analyzing a
      new dimension of heterogeneity: demographics.
    • Since older workers are less mobile in terms of
      switching workplaces, firms have more labor market power over older workers.
    • I start by estimating labor market power by measuring the sensitivity of worker turnover to
      the wage paid.
    • I find a strong
      role of demographics in determining the degree of labor market power enjoyed by firms.
    • Next, I provide evidence of the importance of differences in labor market power for spatial
      wage inequality.
    • To explore the consequences of labor market sorting, I build a spatial general equilibrium
      model in which labor market competitiveness depends on the demographic composition of the

      ECB Working Paper Series No 2906

      2

      local workforce.

    • If these factors differ across workers, labor market power has a role to
      play in explaining wage inequality.
    • In
      the model, geographic sorting by age matters and leads to higher labor market power in rural
      areas, which implies an urban wage premium that is 4% larger than with uniform labor supply
      elasticities.
    • I follow Manning (2013) and estimate labor market power by measuring the sensitivity of worker
      turnover to the wage paid.
    • Bachmann et al., 2021; Ahlfeldt et al., 2022a; Berger et al.,
      2022) that nest a monopsonistic labor market in a spatial general equilibrium model (Redding
      and Rossi-Hansberg, 2017).
    • As firms have more labor market power
      over older workers, they face an upward-sloping labor supply curve that is less elastic in regions
      with an older workforce.
    • Firms choose in which labor market to operate in the sense that there is free
      entry at fixed costs into all locations.
    • How are differences in labor market competitiveness across space sustained in spatial equilibrium?
    • I use the model to quantify the importance of heterogeneity
      in labor market power for the urban wage premium and the spatial concentration of population.
    • My work is complementary to but quite different
      from this paper since I argue that population aging increases labor market power rather than
      product market power.
    • By analyzing the effects of a changing age composition of the workforce in the context
      of labor market power, I relate to literature on the labor market effects of population aging.
    • ECB Working Paper Series No 2906

      7

      after controlling for age, differences in labor market power between East and West Germany
      vanish.

    • They conclude that higher
      concentration is associated with higher labor market power (as in the model of Jarosch et al.,
      forthcoming).
    • I offer an alternative explanation why labor market power differs across regions:
      Since denser regions have a younger workforce, workers are more mobile in terms of switching
      jobs which implies lower labor market power of firms.
    • In this case, I infer a
      high labor supply elasticity and low labor market power of firms.
    • I contribute to this growing debate by
      quantifying differences in labor market power across worker groups and their effects on regional
      inequality.
    • While the model shows how demographics affect labor market power, the urban wage premium and agglomeration, one fundamental question remains open for future research: What
      are the policy implications of (differences in) labor market power?

TE Connectivity announces first quarter results for fiscal year 2024

Retrieved on: 
onsdag, januari 24, 2024

SCHAFFHAUSEN, Switzerland, Jan. 24, 2024 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 29, 2023.

Key Points: 
  • EPS above guidance driven by significant margin expansion; first quarter record cash flow
    SCHAFFHAUSEN, Switzerland, Jan. 24, 2024 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 29, 2023.
  • Cash flow from operating activities was $719 million and free cash flow was $570 million, both first quarter records.
  • Deployed approximately $1 billion of capital in the quarter, including approximately $600 million returned to shareholders and approximately $350 million used for the acquisition of Schaffner.
  • For the second quarter of fiscal 2024, the company expects net sales of approximately $3.95 billion.

Being humble is a good new year's resolution – but it requires knowing what you value most

Retrieved on: 
onsdag, januari 3, 2024

Both self-doubt and indifference to what other people think is central to being truly humble.

Key Points: 
  • Both self-doubt and indifference to what other people think is central to being truly humble.
  • A self-doubt account of humility
    The paradox stems from the sense that true humility is incompatible with a belief in one’s own humility.
  • The philosopher Julia Driver argues that humility requires an underestimation of one’s own good qualities.
  • To be humble, you need to examine what is really valuable: to know what it is that you value most.

Hilltop Holdings Inc. Announces Pending Retirement of PlainsCapital Bank President and CEO Jerry Schaffner in May 2024

Retrieved on: 
måndag, november 20, 2023

Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced that Jerry Schaffner, President and CEO of Hilltop’s banking subsidiary, PlainsCapital Bank (the “Bank”), is retiring on May 1, 2024.

Key Points: 
  • Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced that Jerry Schaffner, President and CEO of Hilltop’s banking subsidiary, PlainsCapital Bank (the “Bank”), is retiring on May 1, 2024.
  • At that time, Hilltop President and CEO Jeremy B. Ford will become CEO of PlainsCapital Bank.
  • Schaffner will continue to serve on PlainsCapital Bank’s board of directors, and Ford will continue to serve as President and CEO of Hilltop and Chairman of PlainsCapital Bank following the transition.
  • “Jerry has been a friend and mentor for more than three decades and I congratulate him on his pending retirement.

Veteran wealth management executive, David Schaffner, joins Fig Investments as Strategic Advisor

Retrieved on: 
torsdag, november 2, 2023

VANCOUVER, BC, Nov. 2, 2023 /PRNewswire/ - Volatility Labs Inc. ("Fig Investments"), a Canadian fintech company, is thrilled to announce that David Schaffner, CFA, has signed on as a Strategic Advisor.

Key Points: 
  • VANCOUVER, BC, Nov. 2, 2023 /PRNewswire/ - Volatility Labs Inc. ("Fig Investments"), a Canadian fintech company, is thrilled to announce that David Schaffner, CFA, has signed on as a Strategic Advisor.
  • Most recently, he was the President and CEO of CWB Wealth Management until 2020, when he transitioned into semi-retirement as a strategic wealth consultant.
  • In this role, David established Canadian Western Bank's wealth management division through launching CWB Wealth Management, integrating its various bank-owned wealth subsidiaries, and launching its proprietary mutual funds.
  • "We are extremely excited to work with David as the Company's strategic advisor.

US Health Officials Urge Vaccination Against Flu, COVID-19, and RSV This Fall and Winter

Retrieved on: 
torsdag, september 28, 2023

BETHESDA, Md., Sept. 28, 2023 /PRNewswire/ -- As the US braces for the upcoming fall and winter virus season, new survey data released today by the National Foundation for Infectious Diseases (NFID) show that despite the potential severity, only 22% of US adults are worried about themselves or someone in their family getting infected with influenza (flu), with similar low levels of concern about COVID-19 (23%) and respiratory syncytial virus (RSV) (19%) infection. The data also show that although nearly two-thirds of US adults (65%) agree that vaccination is the best preventive measure against flu-related hospitalizations and deaths, 43% of US adults do not plan to or are unsure if they will get vaccinated against flu. Although updated COVID-19 vaccines are recommended, only 40% plan to get vaccinated against COVID-19, and among adults age 60 years and older, only 40% plan to get vaccinated against RSV.

Key Points: 
  • We must use all available tools to protect those most at risk, including infants and young children, pregnant people, older adults, and those with chronic health conditions."
  • "The NFID data—which show complacency around vaccination against flu, COVID-19, RSV, and pneumococcal disease—are concerning," said NFID President Patricia (Patsy) A. Stinchfield, RN, MS, CPNP.
  • "Even in cases when vaccination does not prevent infection entirely, getting vaccinated can help protect against serious complications, including hospitalization and death."
  • "Flu season is a great time to ask about pneumococcal vaccination because pneumococcal disease can be a serious complication of flu."

NFID Celebrates 50th Anniversary with Gala Honoring Public Health Heroes

Retrieved on: 
onsdag, augusti 23, 2023

BETHESDA, Md., Aug. 23, 2023 /PRNewswire/ -- Today marks the 50th anniversary of the establishment of the National Foundation for Infectious Diseases (NFID) which will be commemorated with an elegant 50th Anniversary Gala in Washington, DC on September 14, 2023.

Key Points: 
  • BETHESDA, Md., Aug. 23, 2023 /PRNewswire/ -- Today marks the 50th anniversary of the establishment of the National Foundation for Infectious Diseases (NFID) which will be commemorated with an elegant 50th Anniversary Gala in Washington, DC on September 14, 2023.
  • Celebrating 50 years of education, prevention, and impact, the gala will recognize the work of NFID and the inspirational public health heroes who have helped protect the lives of millions.
  • NFID supporters and public health luminaries will gather in Washington, DC to celebrate the remarkable history and notable accomplishments at the NFID 50th Anniversary Gala on September 14, 2023.
  • An NFID 50th Anniversary Commemorative Book that looks back at the history of NFID and celebrates the trailblazing efforts of NFID leaders and public health heroes over the past 5 decades is also available for purchase online.

Annual General Meeting of Schaffner Holding AG approves all proposals – Markus Heusser elected as new Chairman of the Board of Directors

Retrieved on: 
söndag, januari 22, 2023

Luterbach, Switzerland, 10 January 2023 – The 27th Annual General Meeting of Schaffner Holding AG was held today in Solothurn.

Key Points: 
  • Luterbach, Switzerland, 10 January 2023 – The 27th Annual General Meeting of Schaffner Holding AG was held today in Solothurn.
  • The General Meeting approved all proposals of the Board of Directors.
  • Markus Heusser was newly elected as Chairman of the Board of Directors.
  • The 28th Annual General Meeting of Schaffner Holding AG will be held in Solothurn on 9 January 2024.