Letter

Capital Power completes acquisition of the 1,092-MW Harquahala natural gas generation facility in Arizona

Retrieved on: 
Friday, February 16, 2024

EDMONTON, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) is pleased to announce the closing today of the acquisition by a 50/50 partnership between Capital Power Investments, LLC and an affiliate of a fund managed by BlackRock’s Diversified Infrastructure business (“BlackRock”) of 100% of the equity interests in New Harquahala Generating Company, LLC (the “Harquahala Acquisition”) which owns the 1,092 MW Harquahala natural gas-fired generation facility in Arizona.

Key Points: 
  • EDMONTON, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) is pleased to announce the closing today of the acquisition by a 50/50 partnership between Capital Power Investments, LLC and an affiliate of a fund managed by BlackRock’s Diversified Infrastructure business (“BlackRock”) of 100% of the equity interests in New Harquahala Generating Company, LLC (the “Harquahala Acquisition”) which owns the 1,092 MW Harquahala natural gas-fired generation facility in Arizona.
  • The Harquahala Acquisition and the acquisition of the 1,062 MW La Paloma natural gas-fired generation facility in California were previously announced on November 20, 2023.
  • The net purchase price for the two acquisitions attributable to Capital Power is US$1.1 billion, subject to working capital adjustments.
  • Capital Power will be responsible for the operation, maintenance and asset management of the facilities relating to the Acquisitions and will receive an annual management fee for the Harquahala facility.

Procedural advice to applicants/marketing authorisation holders on re-examination of CVMP opinions (according to Regulation (EU) 2019/6)

Retrieved on: 
Friday, February 16, 2024

6 February 2024

Key Points: 
    • 6 February 2024
      EMA/CVMP/321528/2017 ? Rev.3
      Committee for Veterinary Medicinal Products (CVMP)

      Procedural advice to applicants/marketing authorisation
      holders on re-examination of CVMP opinions

      Table of contents
      1.

    • Assessment of the applicant?s/marketing authorisation holder?s detailed grounds for reexamination of the CVMP opinion ................................................................................ 5
      4.4.1.
    • Timetable for re-examination of opinions for work-sharing procedures, variations
      requiring assessment, referrals and establishment of maximum residue limits ................... 7
      4.4.3.
    • This document describes the procedure and gives guidance for the re-examination of
      different types of opinions of the Committee for Veterinary Medicinal Products (CVMP).
    • The conclusions reached and the reasons for those conclusions shall be annexed to its
      opinion and shall form an integral part thereof.
    • Within 15 days of the re-examination of its opinion, the Agency shall forward its opinion to the
      Commission and the applicant.
    • The re-examination procedure is not applicable for CVMP opinions on procedures according to
      Articles 54(8), 130(4), 141(1)(c) or (e) of Regulation (EU) 2019/6 as this is not foreseen in the
      legislation.
    • Applicant?s/marketing authorisation holder?s request for reexamination
      Within 15 calendar days of receipt of the CVMP opinion (date of receipt by applicant/MAH as
      documented by Eudralink), the applicant/MAH may request a re-examination of the CVMP opinion.
    • For further
      details see CVMP rules on appointment and responsibilities of the CVMP rapporteur and co-rapporteur
      in accordance with Article 140(6) of Regulation (EU) 2019/6, and peer reviewer.
    • Day 80
      Day 90

      Adoption of final CVMP opinion and assessment report (following an oral
      explanation by applicant to the CVMP, if applicable).

    • Day 50
      Day 60

      Adoption of final CVMP opinion and assessment report (following an oral
      explanation by applicant/MAH to the CVMP, if applicable).

    • Oral explanation at CVMP meeting
      The applicant/MAH has the right to be heard by the CVMP in an oral explanation.
    • CVMP final opinion on re-examination
      The procedure for adoption of the final CVMP opinion at the CVMP meeting follows the principles
      described in the CVMP rules of procedure.
    • Information to be made available to the public
      The start of a re-examination procedure will be mentioned in the CVMP meeting highlights.
    • summary of opinion, EPAR,
      refusal EPAR, questions and answers on referrals, all annexes of the CVMP opinion, etc.).

Forest Service warns of budget cuts ahead of a risky wildfire season – what that means for safety

Retrieved on: 
Friday, February 16, 2024

A wet winter and spring followed by a hot, dry summer can be a dangerous combination in the Western U.S. The rain fuels bountiful vegetation growth, and when summer heat dries out that vegetation, it can leave grasses and shrubs ready to burn. In years like this, controlled burns and prescribed fire treatments are crucial to help protect communities against wildfires. Well-staffed fire crews ready to respond to blazes are essential, too.Moore told agency employees to expect budget cuts from Congress in 2024.

Key Points: 


A wet winter and spring followed by a hot, dry summer can be a dangerous combination in the Western U.S. The rain fuels bountiful vegetation growth, and when summer heat dries out that vegetation, it can leave grasses and shrubs ready to burn. In years like this, controlled burns and prescribed fire treatments are crucial to help protect communities against wildfires. Well-staffed fire crews ready to respond to blazes are essential, too.

  • Moore told agency employees to expect budget cuts from Congress in 2024.
  • However, taken at face value, budget cuts could be interpreted as a reduction in the firefighting workforce, compounding recruitment and retention challenges that the Forest Service is already facing.
  • We study wildfire policy and fire ecology, and one of us, Camille Stevens-Rumann, has worked as a wildland firefighter.

The fire funding fix

  • The fire funding fix allows federal firefighting agencies to access up to US$2.25 billion in additional disaster funding a year starting in 2020 and increasing to $2.95 billion in 2027.
  • Prior to the fire funding fix, fighting fires – suppression expenditures – consumed nearly 50% of the U.S. Forest Service budget.
  • The fix protects agency budgets, ensuring that a high-cost fire season will not completely consume the budget, and that allows more funding for preventive efforts and all the other programs of the Forest Service.

Prevention is a rising priority

  • The Forest Service has also made fire prevention a higher priority in recent years.
  • That work won’t be completed before the 2024 fire season, but fuel treatments will be underway.


Prescribed burning must be done when conditions are safe to limit the potential for the fire to get out of control, usually in the spring and early summer. However, climate change is expected to shorten the prescribed burning window in the western U.S.

Staffing is still a concern

  • In 2023, over 18,000 people were employed as federal wildland firefighters.
  • The government boosted firefighters’ pay in 2021, but that increase is set to expire unless Congress votes to make it permanent.
  • The agency has started many initiatives to recruit and retain permanent employees, but it is too early to assess the results.

Everyone has a role in fire protection

  • Homeowners can reduce the fire risk to their own properties by following defensible space recommendations.
  • Several states also have programs, such as Colorado’s Forest Restoration and Wildfire Risk Mitigation Grant Program to support community investment in wildfire mitigation.
  • Consistent funding is crucial, and homeowners can help by taking defensive action to reduce wildfire risk on their property.


Camille Stevens-Rumann receives funding from US Forest Service, the Bureau of Land Management, and the US department of Agriculture. She used to work for the US Forest Service and works closely with Federal, State, and non-profit organizations that help manage forests across the western US Jude Bayham receives funding from the United States Forest Service. He is on the Protect Our Winters Science Alliance.

Strategic Organizing Center Submits Letter to SEC Calling on Starbucks to Properly Disclose True Cost of Anti-Union Campaign

Retrieved on: 
Friday, February 16, 2024

In the letter, the SOC requests that the SEC require Starbucks to fully disclose to shareholders the costs and liabilities associated with its anti-union efforts.

Key Points: 
  • In the letter, the SOC requests that the SEC require Starbucks to fully disclose to shareholders the costs and liabilities associated with its anti-union efforts.
  • The SOC believes Starbucks’ lack of disclosure and the exorbitant cost to shareholders represent just the latest examples of the current Board’s lack of oversight, counterproductive approach to labor issues and flawed allocation of resources.
  • Maria Echaveste, a former senior White House official, senior Department of Labor appointee and corporate attorney with significant international relations and public company board experience.
  • Estimated liabilities for store closings includes: (1) estimated wage liabilities, (2) estimated shutdown costs, (3) estimated net lost revenue and (4) estimated reopening costs.

Aeterna Zentaris Issues Letter to Shareholders and Management Proxy Circular Ahead of Special Meeting of Shareholders to Approve Merger of Equals with Ceapro

Retrieved on: 
Thursday, February 15, 2024

The two innovative biopharmaceutical development companies previously announced that they had entered into a definitive agreement to combine operations in an all-stock merger of equals transaction (the "Transaction").

Key Points: 
  • The two innovative biopharmaceutical development companies previously announced that they had entered into a definitive agreement to combine operations in an all-stock merger of equals transaction (the "Transaction").
  • A new name for the combined company is expected to be announced following the closing of the Transaction.
  • Ceapro currently generates revenues from two main active ingredients, oat beta glucan and avenanthramides, extracted and purified using its proprietary technology.
  • Both companies have expertise that can build upon each other, which is expected to result in a stronger combined company.

Agile Therapeutics Announces Extension Granted by Nasdaq Hearings Panel to Regain Compliance with the Stockholders’ Equity Continued Listing Requirement & Provides Performance Update

Retrieved on: 
Thursday, February 15, 2024

PRINCETON, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Agile Therapeutics, Inc., (Nasdaq: AGRX), a women's healthcare company, today announced it has been granted an extension by Nasdaq to regain compliance with the stockholders’ equity requirement for continued listing and provided performance update for full year 2023.

Key Points: 
  • On February 13, 2024, the Company received a letter from the Hearings Panel (“Panel”) of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it has been granted an additional period, or until March 25, 2024, to regain compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(b)(1) requiring companies listed on the Nasdaq Capital Market to maintain stockholder’s equity of at least $2,500,000.
  • The Company had previously presented its plan to the Panel and is continuing to proceed with initiatives to regain compliance within the extension granted.
  • The Company also announced its preliminary expectations for net revenue and operating expenses for the full year 2023.
  • Management has recommended to the Board of Directors, that the Company not pay performance bonuses for the 2023 fiscal year.

Investments in Product-Led Strategy Drove Yelp’s Strong 2023 Results

Retrieved on: 
Thursday, February 15, 2024

“Yelp delivered one of our strongest financial performances ever in 2023,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer.

Key Points: 
  • “Yelp delivered one of our strongest financial performances ever in 2023,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer.
  • Total advertising revenue increased by 13% year over year to a record $1.28 billion, driven by strong advertiser demand.
  • Average revenue per location grew sequentially in each quarter of 2023 to reach a record level in the fourth quarter.
  • Advertising revenue from Yelp’s most efficient channels, Self-serve and Multi-location, together accounted for approximately 50% of Yelp’s 2023 advertising revenue.

Coinbase Releases Fourth Quarter and Full Year 2023 Shareholder Letter

Retrieved on: 
Thursday, February 15, 2024

Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its fourth quarter and full year 2023 shareholder letter.

Key Points: 
  • Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its fourth quarter and full year 2023 shareholder letter.
  • The letter, including the Company’s financial results, can be found on its Investor Relations website at investor.coinbase.com .
  • The Company will hold a question and answer session to discuss its fourth quarter and full year 2023 financial results on Thursday, February 15, 2024 at 2:30 p.m. PT.
  • Following the call, a replay of the call, as well as a transcript, will be available on the same website.

Competitive Markets Groups Announce Congressional Award Winners, Legislator of the Year

Retrieved on: 
Thursday, February 15, 2024

WASHINGTON, D.C., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Today, the Organization for Competitive Markets (OCM) and Competitive Markets Action (CMA), publicly announced the recipients of their 2023 Congressional Leadership Awards and their Competitive Markets Legislator of the Year Award recipient, U.S. Rep. Alex Mooney, R-WV.

Key Points: 
  • WASHINGTON, D.C., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Today, the Organization for Competitive Markets (OCM) and Competitive Markets Action (CMA), publicly announced the recipients of their 2023 Congressional Leadership Awards and their Competitive Markets Legislator of the Year Award recipient, U.S. Rep. Alex Mooney, R-WV.
  • Rep. Alex Mooney, R-WV, was selected as the Competitive Markets overall Legislator of the Year for 2023.
  • Quotes from the Members of Congress:
    “I’m honored to be named the Competitive Markets Legislator of the Year in Congress.
  • The foundation of the Organization for Competitive Markets is to fight for competitive markets in agriculture for farmers, ranchers and rural communities.

Westrock Coffee Provides Business Announcements, Update on Preliminary 2023 Full Year Results, and Initial 2024 Outlook

Retrieved on: 
Thursday, February 15, 2024

LITTLE ROCK, Ark., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Westrock Coffee Company (NASDAQ: WEST) (“Westrock Coffee” or the “Company”) today announced the expansion of capabilities at its Extract and Ready-to-Drink (“RTD”) facility in Conway, Arkansas, its entry into a non-binding letter of intent with Select Milk Producers (“Select Milk”) to establish a joint venture to build and operate an extended shelf life and aseptic, multi-serve bottle facility to be co-located at Select Milk’s facility in Littlefield, Texas, provided an update on its preliminary full year 2023 results, and provided its 2024 outlook.

Key Points: 
  • Westrock expects to produce and provide the joint venture with coffee extracts and concentrates from its Conway facility and Select Milk expects to provide the milk from its Littlefield facility.
  • Westrock and Select Milk anticipate the first product to ship from these lines in the first quarter of 2026.
  • In connection with today’s announcements, the Company is providing an update on anticipated 2023 full year results.
  • The Company will report its full year 2023 results on Tuesday, March 12, 2024 after market close.