Uncertainty

PostNet launches expansion initiative to sustain growth

Retrieved on: 
Thursday, March 24, 2022

DENVER, March 24, 2022 /PRNewswire/ -- PostNet, a global leader in high-quality printing and shipping solutions, has shifted its eyes toward the future with the launch of an initiative that will allow the franchise to help small business owners across the country as well as build upon continued success despite a volatile business environment.

Key Points: 
  • The initiative grants independent business owners and entrepreneurs a pathway to ownership.
  • "At PostNet, we made the necessary changes to meet the demand of our customers.
  • If an independent owner is looking to sell the business, PostNet has qualified franchisees in many markets looking for an acquisition to add to their PostNet franchised business.
  • With over 600 locations in North America, Central America, South America and Africa, PostNet is a global leader in printing and shipping solutions.

Charlotte's Web Reports 2021 Fourth Quarter and Year-End Financial Results

Retrieved on: 
Thursday, March 24, 2022

Gross profit in the Q4-2020 quarter was also negatively impacted by lower net revenue and product and channel mixes.

Key Points: 
  • Gross profit in the Q4-2020 quarter was also negatively impacted by lower net revenue and product and channel mixes.
  • Net loss was $118.2 million for the fourth quarter as compared to net loss and comprehensive loss of $12.2 million in the fourth quarter of 2020.Adjusted EBITDA loss for the fourth quarter was $4.5 million, or 18.1% of net revenue, as compared to Adjusted EBITDA loss of $3.1 million, or 11.5% of consolidated revenue, for the fourth quarter of 2020.
  • Management will host a conference call to discuss the Company's 2021 fourth quarter and year-end results at 8:30 a.m.
  • Shares of Charlotte's Web trade on the Toronto Stock Exchange (TSX) under the symbol "CWEB" and are quoted in U.S.

Veoneer announces planned date for closing of merger and future CEO

Retrieved on: 
Thursday, March 24, 2022

Further information regarding the leadership changes and Veoneer's forward focus will be given in conjunction with the closing of the merger.

Key Points: 
  • Further information regarding the leadership changes and Veoneer's forward focus will be given in conjunction with the closing of the merger.
  • This information is such information that Veoneer is obliged to make public pursuant to the EU Market Abuse Regulation.
  • Forward-looking statements speak only as of the date they are made.
  • Veoneer does not give any assurance that it will achieve its expectations.

Veoneer announces planned date for closing of merger and future CEO

Retrieved on: 
Thursday, March 24, 2022

Further information regarding the leadership changes and Veoneer's forward focus will be given in conjunction with the closing of the merger.

Key Points: 
  • Further information regarding the leadership changes and Veoneer's forward focus will be given in conjunction with the closing of the merger.
  • This information is such information that Veoneer is obliged to make public pursuant to the EU Market Abuse Regulation.
  • Forward-looking statements speak only as of the date they are made.
  • Veoneer does not give any assurance that it will achieve its expectations.

Wix to Host Virtual Analyst & Investor Day on May 19, 2022

Retrieved on: 
Wednesday, March 23, 2022

NEW YORK, March 23, 2022 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will host a virtual Analyst & Investor Day on Thursday, May 19, 2022 after reporting its results for the first quarter ended March 31, 2022 on Monday, May 16, 2022.

Key Points: 
  • This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties.
  • Any forward-looking statement made by us in this press release speaks only as of the date hereof.
  • Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them.
  • We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

Cockroach Labs Announces Support for AWS for Games

Retrieved on: 
Wednesday, March 23, 2022

NEW YORK, March 23, 2022 /PRNewswire/ -- Cockroach Labs, the company behind CockroachDB, a cloud native distributed SQL database announced support for the AWS for Games initiative from Amazon Web Services (AWS) featuring services and solutions from AWS and AWS Partners, built specifically for games customers. The initiative makes it easier for game developers, publishers, and platforms to select the right tools and partners to build, run, and grow their games.

Key Points: 
  • NEW YORK, March 23, 2022 /PRNewswire/ -- Cockroach Labs, the company behind CockroachDB, a cloud native distributed SQL database announced support for the AWS for Games initiative from Amazon Web Services (AWS) featuring services and solutions from AWS and AWS Partners, built specifically for games customers.
  • Cockroach Labs' participation in the AWS for Games initiative will help game developers continue to innovate while reducing costs, getting games out faster, and effortlessly growing their business.
  • "We are excited to have Cockroach Labs as a strategic partner for the launch of AWS for Games."
  • "With this launch we now offer key solutions from partners like Cockroach Labs alongside AWS solutions.

Voler Strategic Advisors recognized at the State Level for School Communication Efforts

Retrieved on: 
Wednesday, March 23, 2022

"CalSPRA members across California helped lead our school communities through the challenges of this pandemic, providing effective communication in the face of uncertainty and polarization.

Key Points: 
  • "CalSPRA members across California helped lead our school communities through the challenges of this pandemic, providing effective communication in the face of uncertainty and polarization.
  • Voler CEO Perla A. Rodriguez expressed enthusiasm about the partnerships with education leaders that effectively reached communities across the state.
  • CalSPRA's Excellence in Communication Awards program recognizes superior achievement in meeting strategic goals through high-quality communications and public relations programs.
  • About Voler Strategic Advisors: Voler Strategic Advisors is a full-service strategic communications firm offering public relations, crisis management, and communications strategies that help organizations achieve their full potential.

MediTelecare Enters Training Partnership with The Chicago School of Professional Psychology

Retrieved on: 
Wednesday, March 23, 2022

MIDDLETOWN, Conn., March 23, 2022 /PRNewswire/ -- MediTelecare™, the market leader in behavioral telehealth and tele-technology services to residents of long-term care facilities, announced today its partnership with The Chicago School of Professional Psychology, providing advanced training to psychiatric nurse practitioners on counseling in the field of behavioral health.

Key Points: 
  • The Chicago School of Professional Psychology entered into a service agreement to provide training for MediTelecare's clinical staff to help increase access to behavioral health care in long term care settings.
  • With the support from The Chicago School, the training is the educational and didactic piece necessary to build core skills to utilize non-pharmacological interventions whenever possible to augment medication management practices.
  • "The Chicago School is doing impressive work in advancing the practice of psychotherapy, while breathing new life into how services are delivered through evidence-based practices.
  • The Chicago School is also a proud affiliate of TCS , a nonprofit system of colleges advancing student success and community impact.

Ocrolus Finds U.S. Small Businesses Are Cash-Rich And Applying For Credit At Higher Rates Than Pre-Pandemic

Retrieved on: 
Wednesday, March 23, 2022

NEW YORK, March 23, 2022 /PRNewswire/ -- Ocrolus, the automation solution that helps financial services companies make high-quality decisions with trusted data and unparalleled efficiency, today published the quarterly update to the Ocrolus Small Business Health Index (SBHI). This index offers analysis and insights on the current financial health of small businesses across the United States and economic recovery amidst the ongoing pandemic. The index provides quarterly updates on the current level of financial security for small businesses, including factors such as lending trends, cash balances, and credit quality for the sector. Beyond this, the index also offers a look at the impact of the changing U.S. workforce and Americans' saving habits during the pandemic and its successive waves.

Key Points: 
  • This index offers analysis and insights on the current financial health of small businesses across the United States and economic recovery amidst the ongoing pandemic.
  • The index provides quarterly updates on the current level of financial security for small businesses, including factors such as lending trends, cash balances, and credit quality for the sector.
  • Top Ocrolus SBHI findings include:
    Small business credit application volume has increased by 28% over the last two years from December 2019 to December 2021.
  • Across Ocrolus customers, which span many different industries, small businesses are sitting on average daily balances almost 80% greater than 2019 levels at the time of application for new credit.

Deloitte Launches 2022 Chief Transformation Officer Study: Leaders Reveal What it Takes to Design Successful Transformations

Retrieved on: 
Wednesday, March 23, 2022

NEW YORK, March 23, 2022 /PRNewswire/ -- Deloitte today announced the results of the "2022 Chief Transformation Officer (CTrO) study," which provides unique insights from more than 300 transformation executives across various industries and uncovers what it takes to design transformation programs effectively. The study, sponsored by Monitor Deloitte, the strategy practice of Deloitte Consulting LLP, provides a comprehensive, empirical view of leading practices enterprises can adopt to maximize the success of a transformation program.

Key Points: 
  • NEW YORK, March 23, 2022 /PRNewswire/ -- Deloitte today announced the results of the " 2022 Chief Transformation Officer (CTrO) study ," which provides unique insights from more than 300 transformation executives across various industries and uncovers what it takes to design transformation programs effectively.
  • "While every organization faces unique complexities in transformation program design and execution, the findings in our CTrO study offer insights into predictors of success and the lessons learned by transformation executives."
  • Survey respondents fell into one of three primary transformation ambitions:
    There is a wide range of external and internal forces that trigger the need for transformation.
  • Many successful organizations recognize the need for an always-on transformation capability, and today, dedicated transformation leaders, such as chief transformation officer or vice president of transformation with a persistent transformation management office (TMO) have become increasingly commonplace.