Flood

Risk Management for Natural Disasters: Three Tips to Include in a Business Crisis Plan

Retrieved on: 
Friday, August 19, 2022 - 1:00pm

The Federal Emergency Management Association estimates that about 25 percent of businesses do not reopen after experiencing a weather-related disaster.

Key Points: 
  • The Federal Emergency Management Association estimates that about 25 percent of businesses do not reopen after experiencing a weather-related disaster.
  • Business owners and operators can use these tips to establish a plan and better protect their employees, customers and business.
  • Incorporate these tips into a crisis plan to better protect businesses, properties and the people they serve.
  • The comprehensive and digital pest management solutions include general pest control, rodents, mosquito, birds, termite and bed bug inspections and service, vegetation management and bird management.

QCR Holdings, Inc. Completes Private Placements of Subordinated Notes

Retrieved on: 
Thursday, August 18, 2022 - 10:13pm

MOLINE, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the Company) today announced that it has completed private placements of $100million in aggregate principal amount subordinated notes.

Key Points: 
  • MOLINE, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the Company) today announced that it has completed private placements of $100million in aggregate principal amount subordinated notes.
  • The private placements were issued in two separate tranches consisting of $45 million in aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes due September 2032 (the 2032 Notes) and $55 million in aggregate principal amount of Fixed-to-Floating Subordinated Notes due September 2037 (the 2037 Notes).
  • The Company intends to use the net proceeds from the private placements for general corporate purposes, which may include, but are not limited to, repurchasing shares of common stock.
  • Piper Sandler & Co. served as the sole placement agent for the offering of the 2032 Notes.

HBT Financial, Inc. Announces Chief Financial Officer Transition Plan

Retrieved on: 
Thursday, August 18, 2022 - 9:05pm

BLOOMINGTON, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the Company), the holding company for Heartland Bank and Trust Company (Heartland Bank), today announced that Matthew J. Doherty, Executive Vice President and Chief Financial Officer, will step down from the Chief Financial Officer position on December31, 2022, but will remain with Heartland Bank serving as Treasurer as a step in Mr. Dohertys eventual retirement from the Company.

Key Points: 
  • BLOOMINGTON, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the Company), the holding company for Heartland Bank and Trust Company (Heartland Bank), today announced that Matthew J. Doherty, Executive Vice President and Chief Financial Officer, will step down from the Chief Financial Officer position on December31, 2022, but will remain with Heartland Bank serving as Treasurer as a step in Mr. Dohertys eventual retirement from the Company.
  • Peter Chapman, previously the Executive Vice President and Chief Financial Officer of Great Western Bancorp, Inc. (Great Western), will join the Company on October1, 2022, after relocating to the Bloomington, Illinois area, and assume the role of Chief Financial Officer on January1, 2023.
  • We have known Pete Chapman for several years, and we are very pleased that he will be succeeding Matt as our Chief Financial Officer.
  • As of June30, 2022, HBT had total assets of $4.2billion, total loans of $2.5billion, and total deposits of $3.7billion.

Murphy USA Inc. Announces Dividend Increase

Retrieved on: 
Thursday, August 18, 2022 - 9:30pm

The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.32 per share, or $1.28 per share on an annualized basis, reflecting a 3% increase from the prior quarter.

Key Points: 
  • The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.32 per share, or $1.28 per share on an annualized basis, reflecting a 3% increase from the prior quarter.
  • The dividend is payable on September 8, 2022, to stockholders of record as of August 30, 2022.
  • Murphy USA (NYSE: MUSA) is a leading retailer of gasoline and convenience merchandise with more than 1,650 stores located primarily in the Southwest, Southeast, Midwest and Northeast United States.
  • Murphy USA undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.

Acclaim Lighting Partners with Lumentender Control Solutions Inc. to Offer Cloud-Based Lighting Solutions

Retrieved on: 
Thursday, August 18, 2022 - 6:00pm

Acclaim Lighting , a leader in innovative and advanced lighting technology, has signed a partnership agreement with Lumentender Control Solutions, Inc. (Lumentender) to offer an intuitive cloud-based solution for scheduling and control of supported API-based lighting control systems.

Key Points: 
  • Acclaim Lighting , a leader in innovative and advanced lighting technology, has signed a partnership agreement with Lumentender Control Solutions, Inc. (Lumentender) to offer an intuitive cloud-based solution for scheduling and control of supported API-based lighting control systems.
  • Compatible with Acclaim Lightings control offerings and advanced solid-state lighting products, the Lumentender cloud-based lighting controls application makes it easy to:
    The partnership with Lumentender enables us to offer architects, lighting designers and facility managers intuitive scheduling and control over our advance LED lighting products.
  • It further expands our capabilities of offering distinct lighting solutions, Michael Giardina, General Manager for Acclaim Lighting, said.
  • Acclaim Lighting offers an impressive portfolio of innovative advanced solid-state lighting technology for dynamic architectural and commercial lighting products including linear, floods, downlights, direct view, tapes and tubes with high-performance control solutions.

Energy Focus Introduces Updated EnFocus™ Power Line Controlled (PLC) Dimmable and Color Tunable Commercial LED Lighting Solutions

Retrieved on: 
Thursday, August 18, 2022 - 1:00pm

EnFocus’™ patented power line control capability, including dimming and color tuning, is now available in both 3 Amp and 8 Amp wall switches -- serving the broad needs of health care, elder care, education, and military sectors plus a host of other industrial and commercial applications including hospitality and retail.

Key Points: 
  • Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable, energy efficient LED lighting control systems and products for the commercial, military maritime and consumer markets introduces the updated EnFocus Power Line Controlled commercial LED lighting system that is simpler to install, commission and operate and less costly than other dimming and color tuning systems.
  • EnFocus offers dimming, and color tuning control over retrofit lamps, including tubular LEDs, A19 and BR30 LED lamps with availability planned for LED flat panel and downlight fixtures.
  • Our updated line of EnFocus power line control products that enable hard wired, digital dimming and color tuning control over existing wirelines demonstrates our commitment to provide flexible and cost-effective lighting solutions to the commercial marketplace.
  • Energy Focus is an industry-leading innovator of sustainable light-emitting diode (LED) lighting and lighting control technologies and solutions, as well as UVC Disinfection (UVCD) technologies and solutions.

AECA Solutions Is Using Drone Technology to Potentially Help Prevent Natural Disasters

Retrieved on: 
Wednesday, August 17, 2022 - 6:59pm

Through its series of fixed-wing Trinity F90+ drones (manufactured by Quantum Systems), AECA is working to help prevent natural disasters in Malaysia and beyond.

Key Points: 
  • Through its series of fixed-wing Trinity F90+ drones (manufactured by Quantum Systems), AECA is working to help prevent natural disasters in Malaysia and beyond.
  • For instance, AECA Solutions has applied its technology to aid the Search and Rescue (SAR) response to the Selangor landslide.
  • Furthermore, off the back of this LiDAR-produced data, AECA Solutions' in-house analysts can forecast the probability of future landslides.
  • Through the Trinity F90+ drone, and its integrated MicaSense Dual Camera System Payload, AECA Solutions has been able to capture multispectral images of the estuary.

CCTV+: Xi visits northeast China's Liaoning, stressing industrial restructuring, flood control

Retrieved on: 
Wednesday, August 17, 2022 - 8:45am

BEIJING, Aug. 17, 2022 /PRNewswire/ --Chinese President Xi Jinping on Tuesday afternoon inspected the city of Jinzhou, northeast China's Liaoning Province, stressing importance of accelerating industrial restructuring and taking solid measures for flood control.

Key Points: 
  • BEIJING, Aug. 17, 2022 /PRNewswire/ --Chinese President Xi Jinping on Tuesday afternoon inspected the city of Jinzhou, northeast China's Liaoning Province, stressing importance of accelerating industrial restructuring and taking solid measures for flood control.
  • Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, paid a visit to the Liaoshen Campaign Memorial to review the history of the Chinese People's War of Liberation in northeast China.
  • During his inspection in Donghu Forest Park, Xi told the local people that China's modernization is one that is meant to achieve common prosperity for everyone, not just for a few people.
  • Since the 18th CPC National Congress, the CPC Central Committee has implemented the strategy of deepening the revitalization of northeast China, urging people to continue to accelerate industrial restructuring, and meet the requirements of reform and development in the new era.

CCTV+: Xi visits northeast China's Liaoning, stressing industrial restructuring, flood control

Retrieved on: 
Wednesday, August 17, 2022 - 8:15am

BEIJING, Aug. 17, 2022 /PRNewswire/ --Chinese President Xi Jinping on Tuesday afternoon inspected the city of Jinzhou, northeast China's Liaoning Province, stressing importance of accelerating industrial restructuring and taking solid measures for flood control.

Key Points: 
  • BEIJING, Aug. 17, 2022 /PRNewswire/ --Chinese President Xi Jinping on Tuesday afternoon inspected the city of Jinzhou, northeast China's Liaoning Province, stressing importance of accelerating industrial restructuring and taking solid measures for flood control.
  • Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, paid a visit to the Liaoshen Campaign Memorial to review the history of the Chinese People's War of Liberation in northeast China.
  • During his inspection in Donghu Forest Park, Xi told the local people that China's modernization is one that is meant to achieve common prosperity for everyone, not just for a few people.
  • Since the 18th CPC National Congress, the CPC Central Committee has implemented the strategy of deepening the revitalization of northeast China, urging people to continue to accelerate industrial restructuring, and meet the requirements of reform and development in the new era.

Evergreen partners with local Ontario conservation authority and Peel Region for next phase of AI for the Resilient City

Retrieved on: 
Tuesday, August 16, 2022 - 8:18pm

The need to prepare for climate-related hazards from floods to fires, heat waves to rising sea levels has never been more urgent, saidGeoffCape, CEO & Founder of Evergreen.

Key Points: 
  • The need to prepare for climate-related hazards from floods to fires, heat waves to rising sea levels has never been more urgent, saidGeoffCape, CEO & Founder of Evergreen.
  • The Region of Peel owns and manages infrastructure valued at over $32 Billion to deliver critical services to our 1.5 million residents and over 88,000 businesses in Brampton, Caledon and Mississauga.
  • As the temperatures increase and neighbourhoods continue to warm, the risk of more frequent or extended extreme heat events rise.
  • AI for the Resilient City is funded in part by the RBC Foundation through RBC Tech for Nature to help scale this program.