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Synchrony Highlights Workforce Diversity Progress, North Star to Advance Equity

Retrieved on: 
Monday, May 22, 2023
Real, Workforce, Student, Education, BuildOn, Culture, Line, Thrive Global, Woman, Black, Social justice, Fortune 500, Wake, Diversity, Corporation, Inclusion, Equalizer, Center for Economic Studies (U.S. Census Bureau), Creative industries, Management, Nursing, Synchrony

STAMFORD, Conn., May 22, 2023 /PRNewswire/ -- Today, Synchrony released its Diversity Report, which highlights the company's progress around its data-driven approach to hiring and developing diverse talent.

Key Points: 
  • Company's Diversity Report Reinforces Equity, Diversity and Inclusion as a Business Imperative
    STAMFORD, Conn., May 22, 2023 /PRNewswire/ -- Today, Synchrony released its Diversity Report , which highlights the company's progress around its data-driven approach to hiring and developing diverse talent.
  • The report details the company's vision for progress towards a more equitable and inclusive future which include:
    Evolve the workforce to reflect the diversity of Synchrony's communities, with 50% gender diversity across all groups globally.
  • Additional highlights from Synchrony's Diversity Report include:
    Advancing Diverse Talent – Core to Synchrony's approach is a focus on equity backed by data and analytics, which inform its strategies to hire, develop and advance underrepresented talent.
  • Investing in Equity – Synchrony committed $100 million in Ariel Alternatives' Project Black to scale minority-owned businesses to become leading Fortune 500 suppliers.

ZTO Reports First Quarter 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, May 17, 2023
Table, Share repurchase, VAT, ADS, Hong Kong Stock Exchange, Stock exchange, GAAP, H.10, Motherboard, Structure of the Federal Reserve System, EBITDA, Translation, Florida Board of Governors, Line, Depreciation, Transport, Automation, Fine chemical, Film industry, Pharmaceutical industry, Health insurance, Music, Bank, Reinsurance, Bookkeeping, Cryptocurrency, Security (finance), Renminbi

SHANGHAI, May 17, 2023 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the first quarter ended March 31, 2023[1]. The Company grew parcel volume by 20.5% year over year and expanded market share by 1.8 percentage points to 23.4% while maintaining high quality of service and customer satisfaction. Adjusted net income [2] increased 82.1% to reach RMB1,919.8 million. Cash generated from operating activities was RMB2,738.0 million.

Key Points: 
  • As of March 31, 2023, 454 sets of automated sorting equipment were in service, compared to 422 sets as of March 31, 2022.
  • Reconciliations of the Company's non-GAAP financial measures to its U.S. GAAP financial measures are shown in tables at the end of this earnings release, which provide more details about the non-GAAP financial measures.
  • ZTO encourages investors and others to review the Company's financial information in its entirety and not rely on a single financial measure.
  • ZTO's management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Wednesday, May 17, 2023 (8:30 AM Beijing Time on Thursday, May 18, 2023).

Gilead and Kite Oncology to Showcase Advances Across the Pipeline Aiming to Address Unmet Needs in Cancer Care at ASCO 2023

Retrieved on: 
Wednesday, May 17, 2023
Biotechnology, Hospitals, Health, Pharmaceutical, Oncology, TNBC, Neoadjuvant therapy, Triple-negative breast cancer, CT, Minimal residual disease, Metastasis, Safety, Efficacy, MBC, Metastatic breast cancer, Sacituzumab govitecan, NSCLC, Line, DOM, ZIM, NAT, EC, Medical imaging, Patient

ASCENT-05/Optimice-RD (AFT-65): Phase 3, Randomized, Open-Label Study of Adjuvant Sacituzumab Govitecan (SG) + Pembrolizumab (Pembro) vs. Pembro ± Capecitabine (Cape) in Patients (Pts) with Triple-Negative Breast Cancer (TNBC) and Residual Disease after Neoadjuvant Therapy (NAT) and Surgery

Key Points: 
  • ASCENT-05/Optimice-RD (AFT-65): Phase 3, Randomized, Open-Label Study of Adjuvant Sacituzumab Govitecan (SG) + Pembrolizumab (Pembro) vs. Pembro ± Capecitabine (Cape) in Patients (Pts) with Triple-Negative Breast Cancer (TNBC) and Residual Disease after Neoadjuvant Therapy (NAT) and Surgery
    Real-World Clinical Outcomes in Patients (Pts) with HR+/HER2- Metastatic Breast Cancer (mBC) Treated with Chemotherapy (CT) in the U.S.
  • Real-World Outcomes in Patients (Pts) with Metastatic Triple-Negative Breast Cancer (mTNBC) Treated with Sacituzumab Govitecan (SG) in 2L+ in the U.S.
    ARC-7: Randomized Phase 2 Study of Domvanalimab + Zimberelimab +/- Etrumadenant vs Zimberelimab in First-Line, Metastatic, PD-L1-High Non-Small Cell Lung Cancer (NSCLC)
    VELOCITY-Lung: A Phase (Ph) 2 Study Evaluating Safety and Efficacy of Domvanalimab (Dom) + Zimberelimab (Zim) + Sacituzumab Govitecan (SG), or Etrumadenant (Etruma) + Dom + Zim, or Etruma + Zim in Patients (Pts) with Treatment-Naïve Metastatic Non-Small Cell Lung Cancer (mNSCLC)
    STAR-121: A Phase 3, Randomized Study of Domvanalimab (DOM) and Zimberelimab (ZIM) in Combination with Chemotherapy vs. Pembrolizumab (Pembro) and Chemotherapy in Patients with Untreated Metastatic Non-Small Cell Lung Cancer (mNSCLC) with No Actionable Gene Alterations
    ARC-10: A phase 3 Study to Evaluate Zimberelimab + Domvanalimab vs. Pembrolizumab in Front-Line, PD-L1-High, Locally Advanced or Metastatic Non–Small Cell Lung Cancer
    TROPiCS-03, A Phase 2 Basket Study of Sacituzumab Govitecan (SG) in Patients (Pts) with Metastatic Solid Tumors: Early Analysis in Pts with Advanced/Metastatic Endometrial Cancer (EC)

India is using the G20 summit to further its settler-colonial ambitions in Kashmir

Retrieved on: 
Tuesday, May 16, 2023
Complicity, Urban renewal, Bharatiya Janata Party, Travel, United Nations, International, Violence, Tourism, Eye, Line of Control, CCTV, Kashmir, Government, Dislocation, NDP, BJP, Line, Control, G20, Amarnath Temple, Ethics, Colonialism, Federation, Commodification, International law, Sustainable development, Social media, Carpet, Nursing, Hunting, Kashmiris

In September, India will host the 2023 Group of 20 (G20) summit in the capital, New Delhi.

Key Points: 
  • In September, India will host the 2023 Group of 20 (G20) summit in the capital, New Delhi.
  • Under its G20 presidency, India will host a Tourism Working Group meeting in Srinagar, in Indian-administered Kashmir, in late May.
  • International delegates will also visit Gulmarg, a popular winter destination, under tight security provided by India’s Ministry of Home Affairs.
  • Hosting G20 delegates in Srinagar is a step towards normalizing India’s occupation of Kashmir internationally.

Normalizing occupation

    • These revitalization campaigns are designed to create a sanitized image of Kashmir for foreign delegates.
    • The region remains troubled by violence and human rights abuses, as well as draconian media restrictions.
    • Human rights activists and journalists are being arrested and there have been reports of hundreds of young people being detained by security forces.
    • This is in sharp contrast to the treatment of Kashmiris by Indian security personnel.

G20 and tourism

    • Founded in 2020, the G20’s Tourism Working Group guides the development of local and global tourism among G20 countries with an eye to achieving the UN’s 2030 Agenda for Sustainable Development.
    • The G20 meeting is the first global event to be held in the Kashmir valley since India unilaterally removed the region’s semi-autonomous status in 2019.
    • Indian Prime Minister Narendra Modi and his Hindu nationalist Bharatiya Janata Party (BJP) long opposed Kashmir’s special status.

Tourism is big business

    • Domestic tourists from India visited Kashmir in record numbers last year.
    • Since coming into power in 2014, Modi’s government has also heavily promoted religious tourism in the disputed territory.

Tourism and settler-colonialism

    • Tourism plays a direct role in legitimizing and expanding the Indian control of Kashmiri lands.
    • Kashmir scholar Ather Zia cautions against uncritically accepting tourism as a form of development.
    • Tourism in settler-colonial contexts is an extension of imperial politics.

Decolonizing tourism

    • All of this raises questions about the ethics of tourism in occupied territories.
    • There is no simple resolution for tourism on occupied lands.
    • Tourism amid settler-colonialism manifests in exploitation, dispossession, commodification and other injustices and inequities.

Yerbaé Announces New Credit Facility of US$2.5 Million from Oxford Bank to Fuel Growth and Expansion

Retrieved on: 
Tuesday, May 16, 2023
Food, Beverage, Online Retail, Retail, Supermarket, Convenience Store, CFO, Growth, Investment, Line, Marketing, Financial services, Security (finance)

Yerbaé Brands Corp. (the “Company” or “Yerbaé”) announces today that it has secured a new accounts receivable and inventory line of credit of US$2,500,000 (the “Debt Facility”) from Oxford Commercial Finance, a Michigan banking corporation (“Oxford Bank”), through its Delaware subsidiary Yerbaé LLC.

Key Points: 
  • Yerbaé Brands Corp. (the “Company” or “Yerbaé”) announces today that it has secured a new accounts receivable and inventory line of credit of US$2,500,000 (the “Debt Facility”) from Oxford Commercial Finance, a Michigan banking corporation (“Oxford Bank”), through its Delaware subsidiary Yerbaé LLC.
  • The Debt Facility replaces the Company’s prior credit agreement and is an upgrade to bank debt, and will help the Company fuel its growth and support its ongoing operations.
  • “We are delighted to have secured this new Debt Facility from Oxford Bank,” said Todd Gibson, CEO of Yerbaé.
  • The Debt Facility is secured by a security interest in all assets of Yerbaé, including a first security interest in Yerbaé’s accounts receivable and inventory.

LithiumBank Announces Closing of $6.8 Million "Bought Deal" Private Placement

Retrieved on: 
Monday, May 15, 2023
Cloud, Line of credit, Minority, Indian stock exchange, NOT, TSX Venture Exchange, Canada Revenue Agency, Income Tax Act 1967, Failure, FOR, MI, Credit agreements in South Africa, Creditor, Calendar, Primary Dealer Credit Facility, Tax, Part, Underwriting, Sale, Warrant, National instrument, NI, Offering, Income Tax Act, Finance Secretary (India), Line, Claim, Workers' compensation (United States), Credit, Multilateral, Legislation, Security (finance)

CALGARY, Alberta, May 15, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (the “Company” or “LithiumBank”) is pleased to announce that it has closed its previously announced bought deal private placement financing pursuant to an underwriting agreement among Echelon Capital Markets, Beacon Securities Limited and Red Cloud Securities Inc. (collectively, the “Underwriters") and the Company dated May 15, 2023 (the “Underwriting Agreement”) in connection with the “bought deal” private placement of 3,631,700 units of the Company issued on a charity flow-through basis (the "FT Units") at a price of $1.90 per FT Unit (the "FT Issue Price") for gross proceeds of $6,900,230 ("Offering"). Each FT Unit consists of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a “FT Share") and three quarters of one common share purchase warrant of the Company (each whole common share purchase warrant, a "FT Warrant"), each issued as a "flow-through share" within the meaning of the Income Tax Act (Canada). Each FT Warrant entitles the holder thereof to purchase one non flow-through Common Share (a "Warrant Share") at an exercise price of $2.00 per Warrant Share for a period of 36 months from the date of issuance thereof, subject to adjustment in certain events.

Key Points: 
  • Each Compensation Unit is comprised of one common share in the capital of the Company ("Compensation Share") and three quarters of one common share purchase warrant (each whole warrant, a "Compensation Unit Warrant").
  • Currently, the Company intends to use the proceeds raised from the Offering for exploration and development of its projects in Alberta.
  • The accrued interest will be due on the 1st business day following the end of each calendar quarter.
  • Any indebtedness under the Credit Facility is repayable at any time without penalty prior to the Maturity Date.

Star Equity Fund Issues Open Letter to Board of Superior Drilling Products

Retrieved on: 
Tuesday, May 9, 2023
Governance, Schedule 13D, IPO, Related party transaction, OLD, AGM, Independent Board for Presbyterian Foreign Missions, SDPI, Line, Glass Lewis, Acquisition, Open letter, Superior, Frustration, Chairperson, Iverson, LP, NYSE, ISS, Security (finance), Management, Roncà

OLD GREENWICH, Conn., May 09, 2023 (GLOBE NEWSWIRE) -- Star Equity Fund, LP and affiliates (“Star Equity”, “we”, “us”, “our”), an 11.7% shareholder of Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDPI” or the “Company”), issued today an open letter to SDPI’s Board of Directors (the “Board”), particularly its three independent Board members: James R. Lines, Robert Iverson, and Michael V. Ronca.

Key Points: 
  • OLD GREENWICH, Conn., May 09, 2023 (GLOBE NEWSWIRE) -- Star Equity Fund, LP and affiliates (“Star Equity”, “we”, “us”, “our”), an 11.7% shareholder of Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDPI” or the “Company”), issued today an open letter to SDPI’s Board of Directors (the “Board”), particularly its three independent Board members: James R. Lines, Robert Iverson, and Michael V. Ronca.
  • Dear Members of the Board:
    On May 10, 2022, we wrote an Open Letter to the Board calling on you to run a process to maximize SDPI shareholder value and improve the Company’s corporate governance.
  • In addition, we nominated two highly qualified candidates to serve on the SDPI Board.
  • Additionally, we requested a call with the SDPI Board which was scheduled for September 19, 2022.

Saudi Arabia Construction Equipment Market Assessment & Forecasts Report 2023-2029 Featuring Prominent Vendors - Caterpillar, Volvo, Liebherr, Komatsu, Hitachi, Kobelco, CNH, JCB, XCMG, and SANY - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 9, 2023
Construction & Property, Other Construction & Property, Private sector, Jeddah Islamic Port, Volvo Construction Equipment, CNH Industrial, Waste management, NREP, Saudi Ports Authority, Hitachi Construction Machinery, Airport, Electricity, JCB, Yanbu Commercial Port, Komatsu, Recycling, SANY, USD, Sale, Government, Manitou, Wind, Red Sea, XCMG, King Fahad Industrial Port (Jubail), Gold, Hyundai, Mining, Caterpillar, Natural gas, Air Products, ACWA Power, Growth, City, Transport, Rail transport by country, Vision 2030, NEOM, Kobe Steel, Oil, Arms industry, Heavy equipment, Renewable energy, Liebherr, Line, Kubota

The Saudi Arabia construction equipment market is expected to grow at a CAGR of 5.47% during 2022 to 2029.

Key Points: 
  • The Saudi Arabia construction equipment market is expected to grow at a CAGR of 5.47% during 2022 to 2029.
  • Earthmoving equipment accounted for the largest market share of 47.7% in Saudi Arabia construction equipment market in 2022.
  • Hence, growth in the mining industry is expected to drive the sale of large excavators in the Saudi Arabia construction equipment market.
  • Prominent vendors in the Saudi Arabia construction equipment market are Caterpillar, Volvo Construction Equipment, Liebherr, Komatsu, Hitachi Construction Machinery, Kobelco, CNH Industrials, JCB, XCMG, and SANY.

Trend Innovations Holding, Inc. Appoints Kenneth L. Waggoner as Chief Executive Officer

Retrieved on: 
Tuesday, April 25, 2023
Loyola University School of Law, Pancreatic cancer, Amgen, US Foods, General counsel, Diabetes, Private law, Public Interest Declassification Board, Telecommunications, Biotechnology, Bachelor of Arts, California State University, OTCQB, Intelligence, Information technology, Research, Line, Orphan drug, Investigational New Drug, Acquisition, Brobeck, Phleger & Harrison, Fortune 500, Artificial intelligence, Biogen, Food, Law, Ascites, Management, Texaco, Chiron, Sangamo Therapeutics

Trend has named Mr. Waggoner to head the Company’s day-to-day operations and provide its strategic direction and corporate focus.

Key Points: 
  • Trend has named Mr. Waggoner to head the Company’s day-to-day operations and provide its strategic direction and corporate focus.
  • Mr. Waggoner has 45 years of experience in management, business operations, and law.
  • Now, he will apply his business expertise to strengthen Trend’s management team and its focus on product development and product pipeline.
  • Simultaneous with the Nasdaq listing, Mr. Waggoner raised approximately $90 million to support PharmaCyte’s worldwide operations and research and development efforts.

Made-in-China.com Launches Amazing April Event with FaW TOKYO Participation

Retrieved on: 
Tuesday, April 25, 2023
Learning, MIC, Exhibition, Research, Amazing, Line, Sport, Shoe, Social media, Tourism, Typesetting, FAW

A significant highlight of the Amazing April event was Made-in-China.com's participation in FaW TOKYO (FASHION WORLD TOKYO), a major business platform for sustainable products, apparel, and fashion technology held from April 5th to 8th in Tokyo, Japan.

Key Points: 
  • A significant highlight of the Amazing April event was Made-in-China.com's participation in FaW TOKYO (FASHION WORLD TOKYO), a major business platform for sustainable products, apparel, and fashion technology held from April 5th to 8th in Tokyo, Japan.
  • Amazing April event will run until April 30th, combines both online and offline activities and aims to showcase high-quality products to buyers worldwide.
  • To view an enhanced version of this graphic, please visit:
    This year's FaW TOKYO attracted more than 20,000 global industry buyers and over 700 suppliers.
  • FaW TOKYO is the first stop of Made-in-China.com's annual large event Amazing April offline activities and has received unanimous praise from both buyers and sellers.