Cold

Press Release : Strong sales performance and double digit EPS growth marking the achievement of the 2022 profitability milestone

Retrieved on: 
Friday, February 3, 2023

Applying average January 2023 exchange rates, the currency impact on 2023 business EPS is estimated between -3.5% to -4.5%

Key Points: 
  • Applying average January 2023 exchange rates, the currency impact on 2023 business EPS is estimated between -3.5% to -4.5%
    “We closed 2022, marking the successful execution of the first chapter of our 6-year ‘Play to Win’ strategy.
  • Specialty Care delivered the highest sales among our businesses.
  • We are particularly proud of the progress we made in R&D transformation with multiple approvals of transformative medicines and new product launches across Specialty Care.
  • At the same time, we keep delivering strong proof points of our improved financial performance underpinned by the achievement of the 30% BOI margin.

Prestige Consumer Healthcare Inc. Reports Third Quarter Results

Retrieved on: 
Thursday, February 2, 2023

Reduced leverage ratio to 3.5x in Q3, enabled by strong profitability and cash flow

Key Points: 
  • Reduced leverage ratio to 3.5x in Q3, enabled by strong profitability and cash flow
    TARRYTOWN, N.Y., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Prestige Consumer Healthcare Inc. (NYSE:PBH) today reported financial results for its third fiscal quarter ended December 31, 2022.
  • Our continued strong sales and profit growth drives our cash flow that continued to reduce our leverage ratio during the quarter and has us well positioned as we finish our fiscal year,” said Ron Lombardi, Chief Executive Officer of Prestige Consumer Healthcare.
  • Third Fiscal Quarter Ended December 31, 2022
    Reported revenues in the third quarter of fiscal 2023 of $275.5 million increased 0.4% from $274.5 million in the third quarter of fiscal 2022.
  • Reported net income for the third quarter of fiscal 2023 totaled $52.0 million, compared to the prior year third quarter’s net income of $50.2 million.

K. Bell and Associates Joins World Insurance Associates

Retrieved on: 
Tuesday, January 17, 2023

Iselin, NJ, Jan. 17, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (World), a Top 50 Insurance Brokerage, announced today that it acquired the business of K. Bell and Associates, Inc. (“K.

Key Points: 
  • Iselin, NJ, Jan. 17, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (World), a Top 50 Insurance Brokerage, announced today that it acquired the business of K. Bell and Associates, Inc. (“K.
  • K. Bell and Associates was founded in 2005 and provides personal and commercial casualty insurance products.
  • “Our agency believes in providing the best products and services to our clients at the best possible price,” says Ken Bell, Principal, K. Bell and Associates.
  • “We are pleased to be joining World and offering more products and services to our clients.”
    “I’d like to welcome K. Bell and Associates to the World family,” says Rich Eknoian, CEO and Co-Founder of WIA.

Stopping a rare childhood cancer in its tracks

Retrieved on: 
Thursday, January 19, 2023

Their experiments show that the cells causing this cancer can essentially be reprogrammed with the flick of a genetic switch.

Key Points: 
  • Their experiments show that the cells causing this cancer can essentially be reprogrammed with the flick of a genetic switch.
  • Shutting down a single protein forces the cancer cells to take on a new identity and behave like normal connective tissue cells, a dramatic change that reins in their growth.
  • This discovery suggests researchers may be able to stop Ewing sarcoma by developing a drug that blocks the protein known as ETV6.
  • They say their biochemical analyses, which identify specific spots in the ETV6 protein that are key to its function in cancer cells, could help guide drug development.

Star Refrigeration specialist to present on the new F-Gas Regulation phase down proposal as EU fast-tracks climate change targets

Retrieved on: 
Tuesday, January 17, 2023

GLASGOW, United Kingdom, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Star Refrigeration's Technical Sales Specialist, Adam Strachan, will present a webinar hosted by the Cold Chain Federation on Tuesday 31st January 2023 to discuss the European Commission's draft revision to the F-gas Regulation. The webinar entitled 'What does the proposed new F-Gas Regulation revision mean for operators of cooling equipment' will examine the revised proposals drafted to meet 2050 climate change targets faster and decrease the release of greenhouse gases with high global warming potential into the environment.

Key Points: 
  • Many synthetic fluorinated gases (F-gases), have a global warming impact that can be thousands of times more damaging than CO2 .
  • At the halfway point of the existing phase-down timeline, the European Commission has proposed a new draft revision to the F-gas Regulation (5th April 2022) to achieve more stringent targets.
  • Streaming live on Tuesday 31st January between 12.30 and 1.15 PM, the webinar is open to both members and non-members.
  • To learn more about The Cold Chain Federation, visit https://www.coldchainfederation.org.uk
    To find out more about Star Refrigeration's F-gas Regulation-compliant refrigeration systems, go to https://www.star-ref.co.uk

Innominds Announces Availability of iNNTACT™

Retrieved on: 
Monday, January 16, 2023

Today at NRF 2023, Innominds announced the availability of iNNTACT™ on Microsoft AppSource™.

Key Points: 
  • Today at NRF 2023, Innominds announced the availability of iNNTACT™ on Microsoft AppSource™.
  • The real time transportation and visibility platform (RTTVP) provides advanced traceability of standard and perishable goods throughout the shipment lifecycle.
  • Innominds is an AI-first, platform-led digital transformation and engineering services company and a Microsoft Solution Partner.
  • iNNTACT a most customizable Cold Chain Logistics monitoring solution aligns with Innominds vision of leading the market with vertical focused point solutions and integrating AI across our innovations.

Crop One and Cold Spring Harbor Laboratory Receive FFAR Grant to Advance Research and Development of New Plant-Based Protein

Retrieved on: 
Monday, December 19, 2022

“Plant-based proteins are poised to significantly reduce agricultural carbon emissions,” adds CSHL Professor and HHMI investigator Rob Martienssen, principal investigator on the FFAR grant.

Key Points: 
  • “Plant-based proteins are poised to significantly reduce agricultural carbon emissions,” adds CSHL Professor and HHMI investigator Rob Martienssen, principal investigator on the FFAR grant.
  • Founded in 1890, Cold Spring Harbor Laboratory has shaped contemporary biomedical research and education with programs in cancer, neuroscience, plant biology and quantitative biology.
  • The Foundation for Food & Agriculture Research (FFAR) builds public-private partnerships to fund bold research addressing big food and agriculture challenges.
  • FFAR was established in the 2014 Farm Bill to increase public agriculture research investments, fill knowledge gaps and complement USDA’s research agenda.

Unlocking cancer's ancestry

Retrieved on: 
Tuesday, December 27, 2022

They've developed new software that accurately infers continental ancestry from tumor DNA and RNA.

Key Points: 
  • They've developed new software that accurately infers continental ancestry from tumor DNA and RNA.
  • They then tested the software's performance against pancreatic, ovarian, breast, and blood cancer specimens from patients with known ancestry.
  • So now we're working to look deeper, test tumor samples of unknown ancestry, reveal ancestral mixtures, and achieve more regional specificity."
  • They hope to further refine their software to infer ancestry of not only whole genomes but every individual sequence therein.

South Africa's Cold Chain Market is expected to generate more than Rand 45 Bn by 2026F owing to Growing Demand by End Users and Technology Upgradation: Ken Research

Retrieved on: 
Monday, December 19, 2022

The Cold Chain market in Brazil is emerging with key projects due to high exports of fruits and vegetables.

Key Points: 
  • The Cold Chain market in Brazil is emerging with key projects due to high exports of fruits and vegetables.
  • Brazil Cold Chain Market is currently at the growth stage and the market is currently increasing at a double digit CAGR owing to rising growth in export of meat products and import of pharmaceuticals.
  • The market is still expected to grow in double digit in future, so there is a huge potential in the Nigeria Cold Chain Market.
  • The cold storage market is segmented by Temperature Range, Automation, End User, and demand from major cities and by major companies (market share of major players).

Malaysia Automotive Finance Industry is expected to grow at a CAGR of ~3% between 2022-2026 owning to increasing passenger car sales, upcoming brand-new car models and strict government regulations: Ken Research

Retrieved on: 
Wednesday, December 14, 2022

UAE Auto Finance Market is estimated to grow at a positive CAGR of ~17% in between 2022E and 2026F.

Key Points: 
  • UAE Auto Finance Market is estimated to grow at a positive CAGR of ~17% in between 2022E and 2026F.
  • The credit disbursed market fell and experienced a downfall due to factors like Covid outbreak and semiconductor chip shortage.
  • Automotive sales were also affected by higher shipping costs in 2021 as prices of shipping containers container freight rates have risen steeply.
  • The market is still expected to a good growth in Auto Finance Market of Philippines.